Beam Stacker Market Size, Share, Growth, and Industry Growth by Type (Single Beam Storage and Double Beam Storage) By Application (Weaving Preparation Workshop, Weaving Unit, and Finishing Unit), Regional Insights, and Forecast from 2023 to 2031

Updated On: 13 November 2023

Beam Stacker Market REPORT OVERVIEW

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The global beam stacker market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

 A computerized warp beam storage device called Beam Stacker makes it easy to stack weaving beams, fabric rolls, and control panels. The Beam Stacker can find the position of the beam, choose the quickest route for doing the beam automatically, and connect to an ERP system to enable data synchronization and sharing. The beam stacker has a practical design and a small footprint that may fully utilize the space provided by the client. The equipment is microcomputer-controlled and can automatically select the closest beam exit after carefully localizing the beam. Beam storage system operation is reliable and quieter thanks to the use of premium materials and a reinforced steel construction.  

COVID-19 Impact: Limitations on Supply and Lockdown that Hinder Market Development

Several people were affected by the COVID-19 illness as it spread over the world, and major governments all over the world issued directives for work stoppages and foot restrictions. With the exception of the organizations that offer medical supplies and life support equipment, the majority of efforts have been negatively impacted. The lockout caused a momentary pause or suspension in mining operations. A more constricted supply chain, a lower percentage of personnel, and closures finally had a severe negative influence on the beam stacker market. Growing demand and expanding application fields, particularly in industrial and mining operations, are expected to drive the expansion of the beam stacker market.  

LATEST TRENDS

"Removing Hydraulic Fluid and Maintenance Services to Promote Market Growth"

Use of a motor drive system or arrangement for the bucket wheel, which was typically powered by hydraulics in reclaimers before. Hydraulic fluid and maintenance services were no longer required as a result of this improvement. The addition of a protection feature that can identify overload based on inverter current measurement and immediately and automatically shut down the machine is another improvement. The fluid coupling that was initially provided for cushioning commencement has been eliminated, and the number of times the electric motor can actually be started and stopped for switching between both receiving and taking back processes has increased. These changes were made to improve maintainability. Increasing technical advancements are projected to cause the market for beam stackers to expand quickly over the course of the forecast period. 

Beam Stacker Market Segmentation

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• By Type Analysis

By type, the beam stacker market is segmented into single beam storage and double beam storage.  

The single beam storage type of segment will dominate the beam stacker market in the coming years. 

• By Application Analysis

Based on applications, the beam stacker market is weaving preparation workshop, weaving unit, and finishing unit.  

The weaving preparation workshop use segment will lead the global share through 2031. 

DRIVING FACTORS

"Application Development for loT will Fuel Market Expansion "

A novel wireless asset management system may reduce overall material handling expenses for users while improving operator effectiveness, fleet efficiency, and carbon footprint reduction. One can use the portal from any location with internet access to see all of the fleet's trucks that have been equipped with the compact, reliable telemetry module. Since the system communicates by cellular or Wi-Fi to the protected site and can interact with other manufacturers, it is a complete Internet of Things (IoT) application in forklifts. drive the beam stackers market during the anticipated timeframe.

"Use of Regenerative Power Supply Conveyors to Support Market Growth "

Due to the unique characteristic of coal power plant extraction, the machinery has been fitted by the boom conveyor drive unit with just an electricity or power regenerative converter or transformer to take advantage of the regenerative energy generated while coal is transmitted straight down on the boom conveyor during stacking operation.  The healing current produced is sent back to the power source to use less energy for the beam stacker.  

RESTRAINING FACTORS

"Challenges in Installation and Maintenance to Restrict Market Growth"

Beam stacker installation can be challenging because it necessitates checking all hydraulic connections for leaks. Every installation needs to be meticulously planned and carried out, which sometimes requires a professional with vast installation knowledge. Moreover, slew and bucket drive hydraulic motors must be thoroughly inspected to ensure cleanliness because they occasionally react negatively to changes in the environment. The challenging installation process, as well as the expense and procedures associated with maintenance, are predicted to limit the market share of beam stackers throughout the forecast period.   

Beam Stacker Market REGIONAL INSIGHTS

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"North America to Grow at the Highest Beam Stacker Market Share During the Forecast Period   "

The North American market for beam storage is expected to expand quickly due to the increasing progress being made in the creation of machine models. The marketplace in the region is predicted to grow at a significant rate as a result of growing political focus on mining activities and the applicability of combinations of technologies in just one model. The growing demand for a variety of driving factors that meet the needs of the players is anticipated to fuel the growth of the beam storage market within the region. The sector is expanding quickly as a result of improvements in the basic components of machinery and equipment, appealing designs, high-quality materials, and sustainable characteristics.  

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio. 

List of Market Players Profiled

• Suntech (China)
• PRASHANT GROUP (India)
• Shah Brothers (India)
• Henan Dae Sung Reed (China)
• Sino Textile Machinery (China)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services, or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes several other factors that have contributed to recent beam stacker market growth in some regions.