Vibrating Conveyor Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Vibrating Conveyor Market in 2025 is assessed at USD 580.89 million. The global Market size was worth around USD 556.83 million in 2024 and is set to register a CAGR of more than 5.4%, exceeding USD 1.1 billion revenue by 2037. Asia Pacific is anticipated to surpass USD 385 million by 2037, driven by demand for energy-efficient and automated products, as well as population growth and industrial expansion.
The increase in market is primarily being driven by population growth and the resulting increase in demand for commodities. Over the course of the forecast period, the global population has expanded by more than three times. After adding 1 billion since 2010 and 2 billion since 1998, the anticipated population of humans worldwide increased to 8.0 billion in mid-November 2022 from 2.5 billion in 1950.
In addition, in order to increase their vibrating conveyor market opportunities, manufacturers are implementing the newest technological developments, such as integrating automation, control systems, and smart sensors in addition to improving maintenance capabilities and real-time monitoring. The market is seeing a large increase in R&D expenditures by companies for a variety of vibrating conveyor, including oscillating conveyors.