The vibratory feeder machine market is expected to be valued at US$ 126.5 Mn in 2022, Forecast to grow at a CAGR of 4.3% to be valued at US$ 194 Mn from 2022 to 2032.
The need for preserving the products while the collection of speedy hops to prevent waste has increased the demand for vibratory feeder machines in recent times.
The sale of a vibratory feeder machine is growing tremendously in all major economies to be used in waste recycling applications for interrupting down bulk loads into streams that can be easily controlled.
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The demand for vibratory feeder machines has grown significantly during the past decades owing to the rise in foundry, scrap and metallurgy industries.
With the rise of fossil fuel prices, the sales of vibratory feeder machines have increased as new countries are steering their economy for the establishment of coal mining business activities. In the coming years, the vibratory market share is expected to grow exponentially with the discovery of new sources of coal reserves and scrap reuse methods.
Growing concern for sustainable development and restrictions on the use of fuel fuels such as coal is predicted to be the major limiting factor against the growth of demand for vibratory feeder machines in the global market.
How Strong is the Competition in the Global Vibratory Feeder Machine Market?
Some of the major players operating in the global vibratory feeder machine market are Eriez, Carrier Vibrating Equipment, Inc., General Kinematics, Fortville Feeders, Inc., Vibrating Flight Systems Inc., Home City Automation, Inc., and Vibrating Equipment, Inc.
Recent Developments Related to Vibratory Feeder Machine Market
- In 2020, Eriez announced that its regional business unit in Bangkok Thailand has established the APAC Merwin Award for the region. It will be conferred to sales agencies surpassing its sales objectives each year.
- In January 2022, Coperion K-Tron of Switzerland announced the release of its all new pro rate plus feeder line that offers many industries a powerful and efficient feeding solution. This gravimetric feeder solution is particularly beneficial for the plastic industries and is expected to increase the sale of vibratory feeder machines in New regions.
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