Market Research Report Search Engine Added "Bulk Material Handling Products & Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" to its database.
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Bulk material handling products & technologies market trends, regulations and competitive landscape to 2020
1. Bulk Material Handling Products & Technologies Market
Trends, Regulations And Competitive Landscape to 2020
Report Description
The global bulk material handling products and technologies
market has been covered under the scope of this report. The
advancement in the mining and chemical industry has
2. propelled the growth of bulk material handling products and
technologies. Bulk material handling equipment are capable
of storing and moving bulk products such as limestone, wood
chips, coal and potash among others. Thus, these equipment
are highly used in mines, agricultural farms, shipyards and
refineries. The primary purpose of the bulk material handling
products and technologies is to transport cereals, iron ores,
wood chips and coal from one place to another. Moreover,
new technologies are giving rise to modernized, automated
machineries for handling bulk materials and these are largely
being used in the chemical industry to carefully handle the
wastes. Bulk material handling equipment such as conveyor
belts, screw conveyors, mobile and semi mobile crushers,
heap leaches, elevators, hoppers, reclaimers and stackers are
3. widely used in the mining and construction sectors
globally.
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Global bulk material handling products and technologies
market is primarily driven by factors such as growth of
industrial infrastructure and construction sector in emerging
markets, increase in industry automation and increase in
mass production methodology and assembly line concept.
Furthermore, industrial infrastructure and construction sectors
are witnessing high demand for bulk material handling
equipment in developing countries such as China, India,
4. Indonesia and others, driven by large spending for new
capacity of existing plants. The increase in automation in the
manufacturing sector is driving the growth of the market as
the bulk material handling equipment is an integral part of
the automation process. Moreover, increase in mining
activities, growth in the agricultural sector and innovations
in bulk material handling products and technologies are
driving the expansion of this market. Considering all these
positive impacts, demand for bulk material handling products
and technologies is set to rise during the forecast period,
i.e., 2014 to 2020.
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5. The global bulk material handling products and technologies
market has been broadly segmented into four regions, North
America, Europe, Asia Pacific and RoW (Rest of the World).
In terms of revenue, Europe acquired the largest share of the
market in 2013 followed by Asia Pacific. Rise in the demand
for bulk material handling products and technologies has
been observed in mining and construction sectors.The key
factors that are driving the growth of the bulk material
handling equipment market in Europe are growth in mass
production methods such as assembly line production,
increasing demand for automation in manufacturing
companies, and the requirement of bulk equipment in the
construction industry. Growth of bulk material handling
6. products and technologies market in Asia-Pacific region can
be attributed to the high dependence on agricultural activities
and demand for bulk material in the mining industry.
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The global bulk material handling products and technologies
market, by end users industry is bifurcated into seven
segments, namely mining, oil and gas, chemical, agricultural
farms, sawmills, paper mills and others (including
construction and pharmaceutical). The growth of market for
bulk material handling products and technologies in the
mining industry is driven by factors such as advancement in
7. mining technologies and increase in the import and export of
ores and minerals. Expansion of commercial farmlands and
strong dependence of the developing countries on agriculture
is driving the growth of bulk material handling products and
technologies market in the agricultural sector.
Some of the leading players in the market are, ThyssenKrupp
AG (Germany), FLSmidth & Co. A/S (Denmark), TENOVA
(Italy), Metso (Finland), TRF Ltd (India) and SENET (South
Africa) among others
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