Global Vibrating Feeder Market 2018-2022
About Vibrating Feeder
Vibrating feeders use vibration technology to feed materials into material handling systems, such as mixers and furnaces, and production processes. Vibrating feeders are used to handle materials that are sticky in nature and need additional force, i.e. vibration, apart from gravity to direct and move the materials.
Technavio’s analysts forecast the global vibrating feeder market to grow at a CAGR of 7.18 % during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global vibrating feeder market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of vibrating feeder.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Vibrating Feeder Market 2018-2022
Technavio recognizes the following companies as the key players in the global vibrating feeder market: AViTEQ Vibrationstechnik, Carrier Vibrating Equipment, Eriez Manufacturing , General Kinematics, Kinergy, PREH IMA
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Technological developments. Earlier, a combination of mechanical and control devices was considered as a material handling system that was used to convey objects or materials from the source to the destination confined within the boundaries of a manufacturing or distribution facility.”
According to the report, one of the major drivers for this market is Augmented incorporation of automation technology in manufacturing. Automation is used to increase the anticipated quality and elevate the demand for products owing to the increasing globalization and growing population.
Further, the report states that one of the major factors hindering the growth of this market is Labor costs. The manufacturing industry in terms of material handling must deal with thousands of tons of materials. For this purpose, the sector requires large amounts of manpower. The human intervention comes from the movement of materials from one point to another within the processing area or during the transition of materials between two intra-departments.
AViTEQ Vibrationstechnik, Carrier Vibrating Equipment, Eriez Manufacturing , General Kinematics, Kinergy, PREH IMA
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