Shaftless Screw Conveyers Market is segmented by End-user (Agriculture, Food & Beverages, Mining & Cement, Sewage Treatment, Solid Waste Management, and Biomass), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)
Shaftless Screw Conveyers Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A shaftless screw conveyor is a device used to transport heavy materials from one part of a process to another. Shaftless screw conveyors can be utilized as feeders, collectors, distributors, or mixers. It is designed to either heat or cools the material while completing the task. With normal surfaces and gaskets, they are weatherproof, dust-tight, and rodent proof.
Shaftless screw conveyors can be easily installed. It requires limited maintenance and repair. They are the most prudent kind of bulk handling device in the industry. A shaftless screw conveyor does not have a center shaft, only a helix or spiral. Due to the fact that they have a portable and close design, they can easily fit into small areas that would oppositely be ineffective for most varieties of the bulk material handling device.
The shaftless screw conveyor was so prosperous in the Environmental industry, that its use has been expanded in many more industries such as food, chemical, and minerals processing. Shaftless screw conveyor is used by these industries to handle different types of material.
Shaftless Screw Conveyers Market Growth and Trends
• Expansion of end-use industries like food processing and agriculture in developed as well as developing countries will act as a major factor enhancing the global shaftless screw conveyors market during the forecast period. Ease of construction, simplicity of design and maintenance are the factors attracting end-users towards the product.
• Growing incorporation of automation in production processes across industries is anticipated to promote growth of the global shaft less screw conveyors market in the near future.
• The benefits of shaft less screw conveyors in comparison to conventional shafted screw conveyors is one of the key factors encouraging the market growth. The shaftless ones also allow side and end-to-end connections which are not possible in shafted screw conveyors.
In addition, shaft less screw conveyors are more cost effective than other conveying devices.
• Public private partnership in the wastewater industry is another key trend stimulating the growth of the shaft less screw conveyors market.
• Government initiatives to promote local food production can offer immense opportunities to manufacturers of shaft less screw conveyors in the near future.
• Governmental incentives and subsidies for the animal feed milling in the pharmaceutical industry is one of the key factors forcing the manufacturers to employ new technologies. The factors mentioned above will possibly be the major trends in the market over the imminent future.
• The mining & cement segment had a major share of the global shaft less screw conveyors market in 2018. The segment is expected to retain its leading position throughout the forecast period.
• The shaft less screw conveyors market in Asia Pacific, India and China is expected to expand at a rapid pace over the forecast period owing to rapid economic growth of these countries.
• The market in Europe is also projected to witness substantial growth in the next few years, due to rapid urbanisation and increasing demand for shaft less screw conveyors from agriculture and food processing industries in the region.
• A spike in the demand for the products mixing machine from the agricultural industry, coupled with increasing the consumption of products such as grains etc. Therefore cosequently pushing the sales of the screw conveyors and is hence expected to drive the global screw conveyor market over the next few years.
• However, fluctuation in the cost of raw materials needed for the production of shaft less screw conveyors acts as a major hinderance of the global shaft less screw conveyors market.
• Rising costs due to the maintenance and service of shaft less screw conveyors are expected to hamper the global market in the coming years.
Shaftless Screw Conveyers Market Regional Analysis
Shaftless Screw Conveyers Market Share and Competition
Key companies operating in this industry are: Astro Engineering & Manufacturing Inc., Industrial Screw Conveyors, Inc., KWS Manufacturing Company, Ltd., SPIRAC Engineering AB, Tsubakimoto Chain Co., FMC Technologies, WAMGROUP, and Screw Conveyor Corporation.
Shaftless Screw Conveyers Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
End-user Analysis (Revenue, USD Million, 2020 - 2027)
• Food & Beverages
• Mining & Cement
• Sewage Treatment
• Solid Waste Management
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Shaftless Screw Conveyers Market Companies
• Astro Engineering & Manufacturing Inc.
• Industrial Screw Conveyors, Inc.
• KWS Manufacturing Company, Ltd.
• SPIRAC Engineering AB
• Tsubakimoto Chain Co.
• FMC Technologies
• Screw Conveyor Corporation
Available Versions: -
United States Shaftless Screw Conveyers Market Research Report
Europe Shaftless Screw Conveyers Market Research Report
Asia Pacific Shaftless Screw Conveyers Market Research Report
India Shaftless Screw Conveyers Market Research Report
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