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Volumetric Feeder Market Report Overview
global volumetric feeder market size expanded rapidly in 2022 and the market is projected to grow substantially by 2031, exhibiting a prodigious CAGR during the forecast period.
A volumetric feeder is used in the production process of various industries and is used to provide a certain amount of elements in a prescribed period and for proper functioning, it utilizes the displacement principle. There is an auger or screw conveyor which is runs at a constant speed and it discharges powder from a storage hopper at a uniform pace and this is how this machinery works.
The market is growing because of the rising use of the feeder in various industries. There has been a growth in the demand for feeders because of propelling the rise of the pharmaceutical, construction, food and beverages, and mining industries. It has become a crucial part of these industries. In the production of various materials equipment becomes a helping hand. The diversified use positively influenced the demand in the machinery and equipment market.
COVID-19 Impact: FACED A NEGATIVE TREND DUE TO RISE IN REGULATIONS
No one was prepared for the pandemic. The world was at a halt. We were the ones who were busy living our hectic and busy lifestyles. There was a sudden pause in our lives. There was not a single market that was left undisturbed during the pandemic. The market was disturbed as well. As a consequence of the pandemic, there were strict government regulations and a disruption in the supply chain as well. However, since the demand in the pharmaceutical market increased during the pandemic it also helped the market to survive during the pandemic. This is because the machine is one of the significant components in the pharmaceutical sector.
Latest Trends
"Loss in weight feeder is made to offer growth opportunities"
The volumetric feeder market is as dynamic as any other market. Recently there has been an innovation introduced in the market. Keeping in the record of the loss in weight during the production process, the loss in weight feeder is innovated. It is especially designed to find the loss in weight of large and small quantities in the production process. This innovation adds more worth to the products. Innovation in the market influences the demand in the market.
Volumetric Feeder Market Segmentation
- By Type Analysis
According to type, the market can be segmented into single screw feeders, twin screw feeders, and others.
In terms of services, the twin screw feeders sector is the largest segment, as it holds the maximum volumetric feeder market share.
- By Application Analysis
Based on application, the market can be divided into food & beverages, mining & metallurgy, pharmaceutical, construction, and others.
Driving Factors
"Propelling Packaging Practices in Pharmaceutical and Food Industries Influence the Demand in the Market"
Customers are spending more on food and beverages and these industries have adopted the equipment in the production process which is boosting the demand in the market. Along with being used in the food and beverage industries, the feeder has been used in automotive, construction equipment manufacturing, and machinery industries as well. There has been rapid urbanization in several countries and this increased infrastructure activities influence construction industries which would drive the volumetric feeder market growth as well.
"The Rising Number of Small-Scale Manufacturers Has Increased the Demand in the Market"
The world is working on being self-reliant. Recently, it has been observed how small-scale manufacturers are rising at a rapid pace in different countries of the world. These small-scale manufacturers are aware and one of the prime users of this machinery. This is because these manufacturers aim at increasing the efficiency of their products which can be done by using these feeders. This is why there has been increasing in investment by small-scale manufacturers in the market. This is how propelling number of small-scale manufacturers influences the volumetric feeder market growth.
Restraining Factors
"The Lack of Skilled Labor Leads to a Declining Trend in the Market"
There are a few industries that are producers of volumetric feeders but there are several industries that consume it. As a result, there is a high demand for manufacturers of the feeders. But there is an unavailability of skilled labor who can manufacture it. There is a need for skill not only to manufacture it but also to operate it. Lack of skilled labor becomes a restraining factor in the market.
Volumetric Feeder Market Regional Insights
"Asia- Pacific Region Dominates the Market Due to The Increasing Number of Industries"
Asia Pacific has the maximum Volumetric Feeder market share. There are various factors because of which the market is growing in this region but one of the primary factors influencing the market growth is the increasing number of construction industries across developing economies. These are the industries in which these feeders are mainly used and this is because the rise in their number results in the rise of market growth as well. This is influencing the demand in the market as well.
Key Industry Players
"Key Players Focus On Innovations and Collaborations to gain competitive landscape"
The key players have noted the rise in the use of the feeder across the globe and therefore they have started working on the development of Volumetric Feeder. The more the growth of the food and beverages industries will be, the more the use of the feeders will be there. The increasing will of people to spend more on packaged products has also influenced the companies to collaborate to make these feeders and to earn more revenue as well as dominance in the market. The key players have noted how the developments in the product attract the consumers and hence they pay more attention to the regular advancements of the products. Increasing investments by key players in research & development activities are influencing the launches of new innovative products that fuel the growth of the market.
LIST OF TOP VOLUMETRIC FEEDER COMPANIES
- GEA
- Brabender Technology
- MERRICK Industries
- Schenck Process
- Acrison
- Vibra Screw Incorporated
- Scaletron Scales
- Tecweigh
- Coperion
- Thermo Scientific
- Hapman
- Novatec
Report Coverage
The report brings together extensive research on the qualitative and quantitative factors affecting the market. It gives an overall macro and micro view of the online reputation service industry. This research profiles a report with extensive studies on the online reputation management services market that describe the firms affecting the forecasting period. Detailed studies also offer a comprehensive analysis by inspecting factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc.
Furthermore, the post-COVID-19 pandemic’s effect on international market restrictions and a deep understanding of how the industry will recover and strategies are also stated in the report. Finally, the competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
Frequently Asked Questions
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What is the leading region in the Volumetric Feeder market?
The Asia-Pacific region is the leading region in the volumetric feeder market.
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What are the factors which help in pushing the Volumetric Feeder market?
The rise in packaging activities in food and beverages companies and the rising demand for volumetric feeders by small-scale manufacturers are the driving factors of the Volumetric Feeder market.
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Which are the key players or most dominating companies functioning in the Volumetric Feeder market?
GEA, Brabender Technology, MERRICK Industries, Schenck Process, Acrison, Vibra Screw Incorporated, Scaletron Scales, Tecweigh, Coperion, Thermo Scientific, Hapman, and Novatec are the top companies operating in the Volumetric Feeder market.
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