Market Overview:
The global hinged steel belt conveyors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hinged steel belt conveyors from various end-use industries, such as food industry, logistics industry, packaging industry, agriculture and construction. In addition, the growing demand for hinged steel belt conveyors in emerging economies is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On the basis of type, pre-crusher compactors are expected to hold a major share of the global hinged steel belt conveyor market during 2018-2030 owing to their ability crush large pieces of waste before transferring them onto a conveying system. On account of their growing popularity among various industrial sectors for handling waste materials efficiently and reducing operational costs; transfer station compactors are projected register highest CAGR over 2018-2030 period . Mixed waste lines segment is anticipated witness highest adoption rates across different regions due its ability handle variety if wastes including recyclable and non-recyclable materials without any segregation . Based on application , food industry held dominant position in 2017 with more than 35% share followed by logistics sector .
Product Definition:
A hinged steel belt conveyor is a type of conveyor belt that uses steel belts instead of traditional rubber belts. These belts are more durable and can handle heavier loads than rubber belts. Hinged steel belt conveyors are often used in industrial settings to move heavy objects or to transport materials over long distances.
Pre-Crusher Compactors:
Pre-crusher compactors are used in the manufacturing of steel products. It is a type of equipment that helps in reducing the size and weight of raw materials before they are crushed into smaller pieces by the crusher. The reduction in weight helps to increase productivity, reduce energy consumption, and lower costs during production.
The global pre-crusher compactors market was valued at USD 1,867.1 million in 2016.
Transfer Station Compactors:
The transfer station compactors are used to lower the waste from collection vehicles to bins. These compactors can be mounted on a chassis or a platform and they have hydraulic arms that hold the steel belt conveyor. The arms of transfer station compactors are also equipped with wheels so as to roll the steel belt over any obstacle in its path, which helps in easy transportation of waste.
These devices help in reducing labor requirements at landfills by eliminating manual lifting.
Application Insights:
The food industry was the dominant segment in terms of application and accounted for a revenue share of over 30.0% in 2017. The growth can be attributed to the rising demand for packaged foods, including cereals, grains, flour products, sugar confectionery products and snacks among others. Furthermore, increasing consumption of alcoholic beverages is also expected to contribute toward market growth over the forecast period.
The logistics industry is anticipated to witness significant growth during the forecast period on account of growing urbanization leading to an increase in construction activities resulting in increased utilization of hinged steel belts conveyors at construction sites and industrial units across various regions globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in construction activities, coupled with rapid industrialization and urbanization. In addition, rising population has led to an increase in food demand, which is further driving the need for efficient logistics systems across various industries. This scenario is likely to drive demand for compactors over the next eight years.
The European market was valued at USD X million in 2017 owing to growing waste disposal issues coupled with stringent regulations regarding environmental protection from source-based generation of waste up until closure of a facility or until final disposition of materials throughout its life cycle including production through extraction or processing through packaging till final disposal/recycled material utilization as well as recovery & recycling processes are carried out by operators themselves rather than by regulatory bodies such as EPA (Environment Protection Agency) under U.S.
Growth Factors:
- Increasing demand for hinged steel belt conveyors from the automotive and manufacturing industries due to their ability to handle large payloads over long distances.
- Growing popularity of hinged steel belt conveyors in food and beverage processing plants due to their sanitary design and easy cleaning features.
- Rising demand for hinged steel belt conveyors in warehouses and distribution centers due to their high throughput capacity and ability to handle a wide range of products.
- Increasing use of hinged steel belt conveyors in recycling plants owing to their ability to process a wide variety of materials without causing any damage or wear-and-tear on the belts themselves. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Hinged Steel Belt Conveyors Market Research Report
By Type
Pre-Crusher Compactors, Transfer Station Compactors, Mixed Waste Lines
By Application
Food Industry, Logistics Industry, Packaging Industry, Agriculture, Construction, Others
By Companies
Magaldi Group, Master Conveyors, LEWCO Inc., Titan Conveyors, Goessling USA Manufacturing, Mayfran International, Heinrich Brothers, Cardinal Conveyor, ASTOS Machinery, PRAB, Kühne Förderanlagen, McNichols Conveyor Co.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Hinged Steel Belt Conveyors Market Report Segments:
The global Hinged Steel Belt Conveyors market is segmented on the basis of:
Types
Pre-Crusher Compactors, Transfer Station Compactors, Mixed Waste Lines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Logistics Industry, Packaging Industry, Agriculture, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Magaldi Group
- Master Conveyors
- LEWCO Inc.
- Titan Conveyors
- Goessling USA Manufacturing
- Mayfran International
- Heinrich Brothers
- Cardinal Conveyor
- ASTOS Machinery
- PRAB
- Kühne Förderanlagen
- McNichols Conveyor Co.
Highlights of The Hinged Steel Belt Conveyors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pre-Crusher Compactors
- Transfer Station Compactors
- Mixed Waste Lines
- By Application:
- Food Industry
- Logistics Industry
- Packaging Industry
- Agriculture
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hinged Steel Belt Conveyors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hinged steel belt conveyors are a type of industrial conveyor that move products by using a continuous metal belt. The belts are hinged at one end, allowing them to be folded up for storage or transport. This makes the conveyors easier to manage and transport, and reduces the amount of space needed for them.
Some of the major companies in the hinged steel belt conveyors market are Magaldi Group, Master Conveyors, LEWCO Inc., Titan Conveyors, Goessling USA Manufacturing, Mayfran International, Heinrich Brothers, Cardinal Conveyor, ASTOS Machinery, PRAB, KƒÂ¼hne FƒÂ¶rderanlagen, McNichols Conveyor Co..
The hinged steel belt conveyors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hinged Steel Belt Conveyors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hinged Steel Belt Conveyors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hinged Steel Belt Conveyors Market - Supply Chain
4.5. Global Hinged Steel Belt Conveyors Market Forecast
4.5.1. Hinged Steel Belt Conveyors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hinged Steel Belt Conveyors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hinged Steel Belt Conveyors Market Absolute $ Opportunity
5. Global Hinged Steel Belt Conveyors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hinged Steel Belt Conveyors Market Size and Volume Forecast by Type
5.3.1. Pre-Crusher Compactors
5.3.2. Transfer Station Compactors
5.3.3. Mixed Waste Lines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hinged Steel Belt Conveyors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hinged Steel Belt Conveyors Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Logistics Industry
6.3.3. Packaging Industry
6.3.4. Agriculture
6.3.5. Construction
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hinged Steel Belt Conveyors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hinged Steel Belt Conveyors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hinged Steel Belt Conveyors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hinged Steel Belt Conveyors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hinged Steel Belt Conveyors Demand Share Forecast, 2019-2026
9. North America Hinged Steel Belt Conveyors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hinged Steel Belt Conveyors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hinged Steel Belt Conveyors Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Logistics Industry
9.4.3. Packaging Industry
9.4.4. Agriculture
9.4.5. Construction
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hinged Steel Belt Conveyors Market Size and Volume Forecast by Type
9.7.1. Pre-Crusher Compactors
9.7.2. Transfer Station Compactors
9.7.3. Mixed Waste Lines
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hinged Steel Belt Conveyors Demand Share Forecast, 2019-2026
10. Latin America Hinged Steel Belt Conveyors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hinged Steel Belt Conveyors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hinged Steel Belt Conveyors Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Logistics Industry
10.4.3. Packaging Industry
10.4.4. Agriculture
10.4.5. Construction
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hinged Steel Belt Conveyors Market Size and Volume Forecast by Type
10.7.1. Pre-Crusher Compactors
10.7.2. Transfer Station Compactors
10.7.3. Mixed Waste Lines
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hinged Steel Belt Conveyors Demand Share Forecast, 2019-2026
11. Europe Hinged Steel Belt Conveyors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hinged Steel Belt Conveyors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hinged Steel Belt Conveyors Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Logistics Industry
11.4.3. Packaging Industry
11.4.4. Agriculture
11.4.5. Construction
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hinged Steel Belt Conveyors Market Size and Volume Forecast by Type
11.7.1. Pre-Crusher Compactors
11.7.2. Transfer Station Compactors
11.7.3. Mixed Waste Lines
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hinged Steel Belt Conveyors Demand Share, 2019-2026
12. Asia Pacific Hinged Steel Belt Conveyors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hinged Steel Belt Conveyors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hinged Steel Belt Conveyors Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Logistics Industry
12.4.3. Packaging Industry
12.4.4. Agriculture
12.4.5. Construction
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hinged Steel Belt Conveyors Market Size and Volume Forecast by Type
12.7.1. Pre-Crusher Compactors
12.7.2. Transfer Station Compactors
12.7.3. Mixed Waste Lines
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hinged Steel Belt Conveyors Demand Share, 2019-2026
13. Middle East & Africa Hinged Steel Belt Conveyors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hinged Steel Belt Conveyors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hinged Steel Belt Conveyors Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Logistics Industry
13.4.3. Packaging Industry
13.4.4. Agriculture
13.4.5. Construction
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hinged Steel Belt Conveyors Market Size and Volume Forecast by Type
13.7.1. Pre-Crusher Compactors
13.7.2. Transfer Station Compactors
13.7.3. Mixed Waste Lines
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hinged Steel Belt Conveyors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hinged Steel Belt Conveyors Market: Market Share Analysis
14.2. Hinged Steel Belt Conveyors Distributors and Customers
14.3. Hinged Steel Belt Conveyors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Magaldi Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Master Conveyors
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LEWCO Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Titan Conveyors
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Goessling USA Manufacturing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mayfran International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Heinrich Brothers
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cardinal Conveyor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ASTOS Machinery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PRAB
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kühne Förderanlagen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. McNichols Conveyor Co.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
