Wagon tipplers are mainly used during raw material transportation. Wagon tipplers are used in industries such as mining and construction for material handling and transportation. A rotary car dumper known as a wagon tippler in the U.K is used for emptying the loaded wagon by tilting it. Wagon tipplers are driven by hydraulic drive or by electromechanical drive.
The wagon tipplers market is growing at a promising CAGR and is anticipated to uphold its pace during the forecast period. Sales of wagon tipplers are expected to rise as the use of wagon tipplers in metallurgy is also increasing. In addition to this, demand for wagon tipplers is rising on account of an increasing number of power plants being built.
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Wagon tippler has total eight components such as end rings, clamp assembly, platen assembly, spill truss, wheel grippers, wheel chocks, and counterweight and drive units.
Wagon Tippler Market: Drivers and Challenges
The growth in end-use industries such as mining, aggregate, demolition, industrial, construction and environmental, etc. in many countries are propelling the growth in global wagon tippler market. The demand for wagon tipplers is growing globally as the industries are focusing on efficiency and safety while transporting or handling the materials. The wagon tipplers provide many operational advantages to the industries as well, and this is driving the demand for global wagon tipplers market.
In order to save the capital and operational costs associated with the wagon tipplers, many construction and mining companies are opting for rented wagon tipplers as per the requirement, which is inhibiting the global wagon tipplers market.
Wagon tippler Market: Overview
The global wagon tipplers market by value is expected to expand at a CAGR of around 4-7% during the forecast period (2016-2025), due to growing demand for wagon tipplers from mining, construction and other industries.
Wagon tippler Market: Region-wise Outlook
The global wagon tippler market is expected to register a single-digit CAGR for the forecast period. Depending on geographic regions, global wagon tippler market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. In terms of market revenue, Asia Pacific and Middle East & Africa are the attractive markets for wagon tipplers.
Middle East & Africa and Asia Pacific are projected to register a single digit growth rate during the forecast period. North America and Western Europe wagon tippler market is projected to register a stable CAGR during the forecast period. Slow but stable economic growth, growing mining and construction industry, innovative and advanced technologies are some of the factors which are fuelling the growth of wagon tippler market in North America.
Wagon tippler Market: Key Players
Some of the key market participants in global wagon tippler market are HEYL & PATTERSON, Elecon Tipplers, ThyssenKrupp Industries, Metso and LMM Group.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, by product type, by power source and by end-use application.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Wagon tippler Market: Segmentation
The global wagon tippler market can be segmented on the basis of end-use application, product type, by power source and by regions.
On the basis of end-use application, the global wagon tippler market is segmented as:
On the basis of product type, the global wagon tippler market is segmented as:
- Turnover wagon tipplers
- C-frame rotary tipplers
On the basis of power source type, the global wagon tippler market is segmented as:
- Hydraulic drive
- Electro mechanical drive
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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