Vibrating Conveyor Segmentation
Product Type (Light/Medium Duty Vibrating Conveyor, Heavy Duty Vibrating Conveyor)
Based on product type, light/medium duty vibrating conveyor segment is predicted to account for 60% share of the global vibrating conveyor market during the forecast period. In terms of sales and income, light- to medium-duty vibrating conveyor are a significant product category on a global scale. Because light- to medium-density materials are the greatest fit for light-duty vibrating conveyor, they are widely used in a variety of industries, including chemicals, pharmaceuticals, and food & beverage. This is likely to increase demand for these conveyors throughout the course of the forecast period. In 2022–2023, 26570 thousand MT of major chemicals and petrochemicals will be produced.
End-Use Industry (Mineral Processing, Chemical Industry, Food & Beverages, Pharmaceutical, Rubber Industry, Wood Industry)
Based on end-use industry, food & beverages segment is predicted to account for 30% share of the global vibrating conveyor market during the forecast period. The hygienic and safety standards of this industry drive the vibrating conveyor market. For the most careful and precise handling of food goods, a vibrating conveyor is the best option. The food and beverage industry are benefiting from the use of these conveyors because of their capacity to manage delicate and perishable goods without sacrificing their integrity. Furthermore, the emphasis on upholding strict standards of cleanliness during material handling procedures is in accordance with the vibrating conveyor simplicity of cleaning and maintenance. In 2022, the food & drink industry are expected to generate USD 2.03 billion in total revenue.
Our in-depth analysis of the global vibrating conveyor market includes the following segments:
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