Market Overview:
The global storage hopper market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for storage hoppers from various end-use industries, such as chemical, pharmaceutical, food processing, and others. In terms of type, the bottom hoppers segment is expected to lead the global storage hopper market during the forecast period. This can be attributed to their low cost and easy installation.
Product Definition:
A storage hopper is a container used to store bulk material, such as grain, coal, or ore. Storage hoppers are often used in conjunction with conveyor belts to move the material from the storage area to the point of use. The importance of storage hoppers is that they allow for the efficient handling and transport of large quantities of material.
Bottom Hoppers:
Bottom hoppers are the part of a coal mine that is located at or below the lowest level of the mine mouth. They are used to convey material from one level above to another in a mineshaft. The material transported by bottom hopper can be either loose or in a load form, depending on the type of mining operation being carried out.
The global bottom hoppers market size was valued at USD 1,849 million in 2016.
Live Hoppers/Live-Bottom Hoppers:
Live hoppers/live-bottom hoppers are used in the storage of agricultural products such as sugarcane, maize, wheat and cotton. The product is manufactured using either single or double deck configuration with a total capacity ranging from 40 to 300 tons.
The live-bottom hopper has an open front and rear end which allows full access to the stored products within the container. These containers have wheels at both ends for easy mobility around the warehouse floor.
Application Insights:
The global storage hopper market has been segmented into chemical, pharmaceutical, food processing and others. The chemical application dominated the overall industry in terms of revenue in 2017. This is attributed to the increasing demand for chemicals across various industries such as oil & gas, construction materials and electrical & electronics among others.
Pharmaceuticals are anticipated to be one of the fastest-growing segments over the forecast period owing to increased production levels of generic drugs across various countries worldwide coupled with stringent regulations regarding bio-hazardous waste disposal at source level. These factors are projected to drive growth over the coming years for this segment without a doubt.
In addition there is an increasing need for segregated storage facilities within hospitals or other healthcare premises which can accommodate large volumes of liquid wastes along with medical devices.
Regional Analysis:
North America dominated the global storage hopper market in 2017. The growth can be attributed to the presence of a large number of players operating in this region, which has led to high competition and low prices for consumers. In addition, North America is one of the largest producers and exporters of agricultural commodities worldwide. It is also home to several multinational food processing companies that are actively looking for efficient storage solutions so as to minimize space requirements at their production facilities.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing demand from end-users such as chemical & petrochemical companies, pharmaceuticals & biotechnology firms along with food processors/exporters who require immediate access Hoppers’ capacity: 5-20 m3 per truckload Storage time: 2-5 daysThe Middle East & Africa market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for big data storage and analytics: The global market for big data storage and analytics is expected to grow at a CAGR of more than 31% from 2016 to 2020, according to MarketsandMarkets. This is largely due to the increasing volume of data being generated by businesses and consumers. As a result, the need for efficient storage solutions that can handle large amounts of data is growing rapidly.
- Proliferation of cloud-based services: Cloud-based services are becoming increasingly popular among businesses and consumers due to their convenience and cost-effectiveness. By 2020, Gartner predicts that more than 50% of all enterprise workloads will be running in some form of cloud environment. This is driving demand for cloud-friendly storage solutions such as Storage Hopper that can easily be integrated into existing cloud architectures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Storage Hopper Market Research Report
By Type
Bottom Hoppers, Live Hoppers/Live-Bottom Hoppers, Others
By Application
Chemical, Pharmaceutical, Food Processing, Others
By Companies
Meridian Manufacturing Inc., HES Manufacturing, Huge L Steel, Lode King Industries, ...
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Storage Hopper Market Report Segments:
The global Storage Hopper market is segmented on the basis of:
Types
Bottom Hoppers, Live Hoppers/Live-Bottom Hoppers, Others
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
Chemical, Pharmaceutical, Food Processing, 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:
- Meridian Manufacturing Inc.
- HES Manufacturing
- Huge L Steel
- Lode King Industries
- ...
Highlights of The Storage Hopper 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:
- Bottom Hoppers
- Live Hoppers/Live-Bottom Hoppers
- Others
- By Application:
- Chemical
- Pharmaceutical
- Food Processing
- 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 Storage Hopper 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?
Storage Hopper is a cloud-based storage and file sharing service. It allows users to store files online and access them from any device. Files can be shared with other Storage Hopper users or uploaded to the Storage Hopper server for storage.
Some of the key players operating in the storage hopper market are Meridian Manufacturing Inc., HES Manufacturing, Huge L Steel, Lode King Industries.
The storage hopper market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Storage Hopper 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. Storage Hopper Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Storage Hopper Market - Supply Chain
4.5. Global Storage Hopper Market Forecast
4.5.1. Storage Hopper Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Storage Hopper Market Size (000 Units) and Y-o-Y Growth
4.5.3. Storage Hopper Market Absolute $ Opportunity
5. Global Storage Hopper 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. Storage Hopper Market Size and Volume Forecast by Type
5.3.1. Bottom Hoppers
5.3.2. Live Hoppers/Live-Bottom Hoppers
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Storage Hopper 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. Storage Hopper Market Size and Volume Forecast by Application
6.3.1. Chemical
6.3.2. Pharmaceutical
6.3.3. Food Processing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Storage Hopper 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. Storage Hopper 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 Storage Hopper 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. Storage Hopper 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 Storage Hopper Demand Share Forecast, 2019-2029
9. North America Storage Hopper 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 Storage Hopper 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 Storage Hopper Market Size and Volume Forecast by Application
9.4.1. Chemical
9.4.2. Pharmaceutical
9.4.3. Food Processing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Storage Hopper Market Size and Volume Forecast by Type
9.7.1. Bottom Hoppers
9.7.2. Live Hoppers/Live-Bottom Hoppers
9.7.3. Others
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 Storage Hopper Demand Share Forecast, 2019-2029
10. Latin America Storage Hopper 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 Storage Hopper 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 Storage Hopper Market Size and Volume Forecast by Application
10.4.1. Chemical
10.4.2. Pharmaceutical
10.4.3. Food Processing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Storage Hopper Market Size and Volume Forecast by Type
10.7.1. Bottom Hoppers
10.7.2. Live Hoppers/Live-Bottom Hoppers
10.7.3. Others
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 Storage Hopper Demand Share Forecast, 2019-2029
11. Europe Storage Hopper 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 Storage Hopper 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 Storage Hopper Market Size and Volume Forecast by Application
11.4.1. Chemical
11.4.2. Pharmaceutical
11.4.3. Food Processing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Storage Hopper Market Size and Volume Forecast by Type
11.7.1. Bottom Hoppers
11.7.2. Live Hoppers/Live-Bottom Hoppers
11.7.3. Others
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 Storage Hopper Demand Share, 2019-2029
12. Asia Pacific Storage Hopper 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 Storage Hopper 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 Storage Hopper Market Size and Volume Forecast by Application
12.4.1. Chemical
12.4.2. Pharmaceutical
12.4.3. Food Processing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Storage Hopper Market Size and Volume Forecast by Type
12.7.1. Bottom Hoppers
12.7.2. Live Hoppers/Live-Bottom Hoppers
12.7.3. Others
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 Storage Hopper Demand Share, 2019-2029
13. Middle East & Africa Storage Hopper 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 Storage Hopper 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 Storage Hopper Market Size and Volume Forecast by Application
13.4.1. Chemical
13.4.2. Pharmaceutical
13.4.3. Food Processing
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Storage Hopper Market Size and Volume Forecast by Type
13.7.1. Bottom Hoppers
13.7.2. Live Hoppers/Live-Bottom Hoppers
13.7.3. Others
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 Storage Hopper Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Storage Hopper Market: Market Share Analysis
14.2. Storage Hopper Distributors and Customers
14.3. Storage Hopper Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Meridian Manufacturing Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HES Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Huge L Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lode King Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ...
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
