PUBLISHER: The Insight Partners | PRODUCT CODE: 1463752
PUBLISHER: The Insight Partners | PRODUCT CODE: 1463752
The North America heavy-duty apron feeder market was valued at US$ 223.27 million in 2022 and is expected to reach US$ 382.70 million by 2030; it is estimated to grow at a CAGR of 7.0% from 2022 to 2030.
Growing Automation in Industrial Operations Fuels the North America Heavy-duty Apron Feeder Market
Automation plays a crucial role in streamlining various industrial processes, improving efficiency, reducing manual labor, and ensuring consistent material handling operations. Apron feeders are well-suited for integration into automated industrial setups, providing a reliable and controlled material flow between different stages of operations. Automation allows for precise and consistent control of apron feeders, ensuring optimized material handling processes and improved manufacturing efficiency. Apron feeders can be integrated into different automated industrial setups and adjusted to handle various types of materials and production requirements. As more manufacturers recognize the benefits of automation and invest in automated industrial processes, the demand for apron feeders is expected to increase.
North America Heavy-duty Apron Feeder Market Overview
The North America heavy-duty apron feeder market is segmented into the US, Canada, and Mexico. The mining sector in North America is a significant driver for the heavy-duty apron feeder market. These feeders are essential in handling and transporting bulk materials in mining operations, supporting the extraction and processing of various minerals and metals. The heavy-duty apron feeder market in North America is expected to continue its growth trajectory due to the steady expansion of various end-use industries and ongoing investments in infrastructure development. For instance, according to the data published by the government of Canada, US$ 89 billion in capital expenditures spread across 119 major mining-related projects, the mining sector demonstrated continued interest in mine constructions, redevelopments, expansions, and processing facilities. The increase in capital expenditures from $ 82 billion and 120 projects in 2020 to $ 89 billion and 119 projects in 2021 signified interest in mining-related projects despite the challenges posed by the COVID-19 pandemic in Canada. The region's continued focus on infrastructure development, including construction projects, ports, and terminals, contributes to the demand for heavy-duty apron feeders. These feeders are crucial in efficiently transporting bulk materials in such projects, enhancing overall productivity.
North America Heavy-duty Apron Feeder Market Revenue and Forecast to 2030 (US$ Million)
North America Heavy-duty Apron Feeder Market Segmentation
Based on installation type, the North America heavy-duty apron feeder market is bifurcated into horizontal and tilted. The horizontal wound care dressings segment held a larger share in 2022.
Based on application, the North America heavy-duty apron feeder market is segmented into aggregates, concrete/cement, crushing, mining, and others. The mining segment held largest share in 2022.
Based on country, the North America heavy-duty apron feeder market is segmented into US, Canada, and Mexico. The US dominated the North America heavy-duty apron feeder market in 2022.
Astec Industries Inc., FLSmidth & co AS, Meka Ithalat Ihracat Pazarlama ve Ticaret AS, Metso Outotec Corp, McLanahan Corp, Sandvik AB, Thyssenkrupp Industrial Solutions AG, Williams Patent Crusher and Pulverizer Co Inc are some of the leading companies operating in the North America heavy-duty apron feeder market.
Table of Content