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Bucket Elevator Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Centrifugal Discharge Elevators, Continuous Discharge Elevators, and Positive Discharge Elevators), Capacity (Upto 350 Cubic Feet Per Hour, 351–830 Cubic Feet Per Hour, 2001–2800 Cubic Feet Per Hour, 831–2000 Cubic Feet Per Hour, and Above 2801 Cubic Feet Per Hour), and Industry (Construction, Agriculture, Mining, Fertilizers and Chemicals, Energy and Utilities, Paper and Pulp, and Others)
- Report Code : TIPRE00011122
- Pages : 168
The bucket elevator market is projected to reach US$ 1,571.40 million by 2028, growing at a CAGR of 6.9% from 2022 to 2028.
Bucket elevators present a simple but efficient method of elevating free-flowing and semi-free-flowing bulk materials. Their characteristic simplicity makes them a popular choice for bulk material handling and processing applications in fertilizer plants. Bucket elevators are used to move ore at mining sites and dispatch finished products from a fertilizer plant. Centrifugal belt-style elevators are mostly utilized for high-capacity tasks that require moving large quantities of material quickly. Further, a centrifugal-chain elevator is often used for moving ore at a mine site as it allows for greater capacity and is more rugged than belt-style elevators. For superhigh-capacity handling, a double-chain configuration is often employed. Most bucket elevators supplied to the fertilizer industry have higher corrosion and abrasion resistance, as compared to those utilized in other industries. This is because materials used in the production of fertilizers have corrosive qualities, due to which they can cause excessive premature wearing of the buckets. Similarly, abrasion is a prevalent concern for many fertilizer manufacturers, particularly on the mining and ore-handling sides. With a rising population and growing demand for major crops, there is a steep rise in the consumption of fertilizers globally. The use of bucket elevators in fertilizer manufacturing plants is increasing with a rise in fertilizer demand and production, which bolsters the bucket elevator market growth.
Impact of COVID-19 Pandemic on Bucket Elevator Market Growth
The limitations imposed by governments to control the spread of COVID-19 during the initial phases of the COVID-19 pandemic in most countries affected daily activities in most industries. Stringent restrictions and supply chain disruptions put most companies in most countries across all regions in jeopardy. Hence multinational enterprises operating in different regions had to reconfigure their operations to accommodate all their employees. Factory and production shutdowns, trade bans, supply chain and procurement management disruptions, labor scarcity, and border lockdowns to combat the disease spread hampered the working of bucket elevator market players. However, the market performance began improving at a faster pace in 2021 with a significant rise in construction projects and increasing investments in mega infrastructure developments. For instance, according to the National Development and Reform Commission (NDRC) of China, the country resumed construction in ~90% of key projects in 2021. Such recovery in the construction industry is expected to further boost the bucket elevator market size.
China accounts for the largest share in the bucket elevator market in Asia Pacific, followed by Japan and India. The bucket elevator market in China is growing at one of the fastest rates globally. The government bodies across this region are investing heavily in infrastructural development. Additionally, several manufacturing companies operating globally are investing in Asia Pacific to set up their production facilities, which is likely to bolster the growth of the construction industry across the region. Countries such as South Korea, China, India, Vietnam, and Singapore are increasingly investing in the construction of new airports. Hence, the ongoing proliferation of the construction industry is promoting the application of various types of bucket elevators in Asia Pacific. These factors propel the progress of the bucket elevator market players operating in this region.
BEUMER Group GmbH & Co KG, FEECO International Inc, Gough & Co (Engineering) Ltd, KWS Manufacturing Co Ltd, Motridal SpA, Skandia Elevator AB, Sukup Manufacturing Co, Satake Corp, Ryson International Inc, and AGCO Corp are a few of the key companies in the bucket elevator market.
The overall size of the bucket elevator market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast of the bucket elevator market size with respect to all market segments. Further, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights. Participants in this process include VPs; business development managers; market intelligence managers; national sales managers; and external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the bucket elevator market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Bucket Elevator Market – By Type
1.3.2 Bucket Elevator Market – By Capacity
1.3.3 Bucket Elevator Market – By Industry
1.3.4 Bucket Elevator Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Bucket Elevator Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Bucket Elevator Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth in Infrastructure Projects Promoting Application of Bucket Elevators in Cement Plants
5.1.2 Growing Demand of Bucket Elevators in Fertilizer Industry
5.2 Market Restraints
5.2.1 Difficulty in Maintenance and Availability of Alternative Conveyors
5.3 Market Opportunities
5.3.1 Growing Demand of Food Grains and Seeds
5.4 Future Trends
5.4.1 Integration of Predictive Maintenance Solutions
5.5 Impact Analysis of Drivers and Restraints
6. Bucket Elevator Market – Global Analysis
6.1 Global Bucket Elevator Market Overview
6.2 Bucket Elevator Market – Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Bucket Elevator Market Analysis – By Type
7.1 Overview
7.2 Bucket Elevator Market, By Type (2021 and 2028)
7.3 Centrifugal Discharge Elevators
7.3.1 Overview
7.3.2 Centrifugal Discharge Elevators: Bucket Elevator Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Continuous Discharge Elevators
7.4.1 Overview
7.4.2 Continuous Discharge Elevators: Bucket Elevator Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 Positive Discharge Elevators
7.5.1 Overview
7.5.2 Positive Discharge Elevators: Bucket Elevator Market – Revenue, and Forecast to 2028 (US$ Million)
8. Bucket Elevator Market Analysis – By Capacity
8.1 Overview
8.2 Bucket Elevator Market, By Capacity (2021 and 2028)
8.3–830 Cubic Feet Per Hour
8.3.1 Overview
8.3.2–830 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
8.41 – 2800 Cubic Feet Per Hour
8.4.1 Overview
8.4.21 – 2800 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
8.5 – 2000 Cubic Feet Per Hour
8.5.1 Overview
8.5.2 – 2000 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Above 2801 Cubic Feet Per Hour
8.6.1 Overview
8.6.2 Above 2801 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
8.7 Upto 350 Cubic Feet Per Hour
8.7.1 Overview
8.7.2 Upto 350 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
9. Bucket Elevator Market Analysis – By Industry
9.1 Overview
9.2 Bucket Elevator Market Breakdown, By Industry, 2021 & 2028
9.3 Construction
9.3.1 Overview
9.3.2 Construction Market Revenue and Forecast to 2028 (US$ Million)
9.4 Agriculture
9.4.1 Overview
9.4.2 Agriculture Market Revenue and Forecast to 2028 (US$ Million)
9.5 Mining
9.5.1 Overview
9.5.2 Mining Market Revenue and Forecast to 2028 (US$ Million)
9.6 Fertilizers and Chemicals
9.6.1 Overview
9.6.2 Fertilizers and Chemicals Market Revenue and Forecast to 2028 (US$ Million)
9.7 Energy and Utilities
9.7.1 Overview
9.7.2 Energy and Utilities Market Revenue and Forecast to 2028 (US$ Million)
9.8 Paper and Pulp
9.8.1 Overview
9.8.2 Paper and Pulp Market Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others Market Revenue and Forecast to 2028 (US$ Million)
10. Bucket Elevator Market – Geographic Analysis
10.1 Overview
10.2 North America: Bucket Elevator Market
10.2.1 Overview
10.2.2 North America Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
10.2.3 North America Bucket Elevator Market Breakdown, By Type
10.2.4 North America Bucket Elevator Market Breakdown, By Capacity
10.2.5 North America Bucket Elevator Market Breakdown, By Industry
10.2.6 North America Bucket Elevator Market Breakdown, by Country
10.2.6.1 US Bucket Elevator Market, Revenue and Forecast to 2028
10.2.6.1.1 US Bucket Elevator Market Breakdown, By Type
10.2.6.1.2 US Bucket Elevator Market Breakdown, By Capacity
10.2.6.1.3 US Bucket Elevator Market Breakdown, By Industry
10.2.6.2 Canada Bucket Elevator Market, Revenue and Forecast to 2028
10.2.6.2.1 Canada Bucket Elevator Market Breakdown, By Type
10.2.6.2.2 Canada Bucket Elevator Market Breakdown, By Capacity
10.2.6.2.3 Canada Bucket Elevator Market Breakdown, By Industry
10.2.6.3 Mexico Bucket Elevator Market, Revenue and Forecast to 2028
10.2.6.3.1 Mexico Bucket Elevator Market Breakdown, By Type
10.2.6.3.2 Mexico Bucket Elevator Market Breakdown, By Capacity
10.2.6.3.3 Mexico Bucket Elevator Market Breakdown, By Industry
10.3 Europe: Bucket Elevator Market
10.3.1 Overview
10.3.2 Europe Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
10.3.3 Europe Bucket Elevator Market Breakdown, By Type
10.3.4 Europe Bucket Elevator Market Breakdown, By Capacity
10.3.5 Europe Bucket Elevator Market Breakdown, By Industry
10.3.6 Europe Bucket Elevator Market Breakdown, by Country
10.3.6.1 Germany Bucket Elevator Market, Revenue and Forecast to 2028
10.3.6.1.1 Germany Bucket Elevator Market Breakdown, By Type
10.3.6.1.2 Germany Bucket Elevator Market Breakdown, By Capacity
10.3.6.1.3 Germany Bucket Elevator Market Breakdown, By Industry
10.3.6.2 UK Bucket Elevator Market, Revenue and Forecast to 2028
10.3.6.2.1 UK Bucket Elevator Market Breakdown, By Type
10.3.6.2.2 UK Bucket Elevator Market Breakdown, By Capacity
10.3.6.2.3 UK Bucket Elevator Market Breakdown, By Industry
10.3.6.3 France Bucket Elevator Market, Revenue and Forecast to 2028
10.3.6.3.1 France Bucket Elevator Market Breakdown, By Type
10.3.6.3.2 France Bucket Elevator Market Breakdown, By Capacity
10.3.6.3.3 France Bucket Elevator Market Breakdown, By Industry
10.3.6.4 Italy Bucket Elevator Market, Revenue and Forecast to 2028
10.3.6.4.1 Italy Bucket Elevator Market Breakdown, By Type
10.3.6.4.2 Italy Bucket Elevator Market Breakdown, By Capacity
10.3.6.4.3 Italy Bucket Elevator Market Breakdown, By Industry
10.3.6.5 Russia Bucket Elevator Market, Revenue and Forecast to 2028
10.3.6.5.1 Russia Bucket Elevator Market Breakdown, By Type
10.3.6.5.2 Russia Bucket Elevator Market Breakdown, By Capacity
10.3.6.5.3 Russia Bucket Elevator Market Breakdown, By Industry
10.3.6.6 Rest of Europe Bucket Elevator Market, Revenue and Forecast to 2028
10.3.6.6.1 Rest of Europe Bucket Elevator Market Breakdown, By Type
10.3.6.6.2 Rest of Europe Bucket Elevator Market Breakdown, By Capacity
10.3.6.6.3 Rest of Europe Bucket Elevator Market Breakdown, By Industry
10.4 Asia Pacific: Bucket Elevator Market
10.4.1 Overview
10.4.2 Asia Pacific Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
10.4.3 Asia Pacific Bucket Elevator Market Breakdown, By Type
10.4.4 Asia Pacific Bucket Elevator Market Breakdown, By Capacity
10.4.5 Asia Pacific Bucket Elevator Market Breakdown, By Industry
10.4.6 Asia Pacific Bucket Elevator Market Breakdown, by Country
10.4.6.1 China Bucket Elevator Market, Revenue and Forecast to 2028
10.4.6.1.1 China Bucket Elevator Market Breakdown, By Type
10.4.6.1.2 China Bucket Elevator Market Breakdown, By Capacity
10.4.6.1.3 China Bucket Elevator Market Breakdown, By Industry
10.4.6.2 Japan Bucket Elevator Market, Revenue and Forecast to 2028
10.4.6.2.1 Japan Bucket Elevator Market Breakdown, By Type
10.4.6.2.2 Japan Bucket Elevator Market Breakdown, By Capacity
10.4.6.2.3 Japan Bucket Elevator Market Breakdown, By Industry
10.4.6.3 India Bucket Elevator Market, Revenue and Forecast to 2028
10.4.6.3.1 India Bucket Elevator Market Breakdown, By Type
10.4.6.3.2 India Bucket Elevator Market Breakdown, By Capacity
10.4.6.3.3 India Bucket Elevator Market Breakdown, By Industry
10.4.6.4 South Korea Bucket Elevator Market, Revenue and Forecast to 2028
10.4.6.4.1 South Korea Bucket Elevator Market Breakdown, By Type
10.4.6.4.2 South Korea Bucket Elevator Market Breakdown, By Capacity
10.4.6.4.3 South Korea Bucket Elevator Market Breakdown, By Industry
10.4.6.5 Australia Bucket Elevator Market, Revenue and Forecast to 2028
10.4.6.5.1 Australia Bucket Elevator Market Breakdown, By Type
10.4.6.5.2 Australia Bucket Elevator Market Breakdown, By Capacity
10.4.6.5.3 Australia Bucket Elevator Market Breakdown, By Industry
10.4.6.6 Rest of APAC Bucket Elevator Market, Revenue and Forecast to 2028
10.4.6.6.1 Rest of APAC Bucket Elevator Market Breakdown, By Type
10.4.6.6.2 Rest of APAC Bucket Elevator Market Breakdown, By Capacity
10.4.6.6.3 Rest of APAC Bucket Elevator Market Breakdown, By Industry
10.5 Middle East & Africa: Bucket Elevator Market
10.5.1 Overview
10.5.2 Middle East & Africa Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
10.5.3 Middle East & Africa Bucket Elevator Market Breakdown, By Type
10.5.4 Middle East & Africa Bucket Elevator Market Breakdown, By Capacity
10.5.5 Middle East & Africa Bucket Elevator Market Breakdown, By Industry
10.5.6 Middle East & Africa Bucket Elevator Market Breakdown, by Country
10.5.6.1 Saudi Arabia Bucket Elevator Market, Revenue and Forecast to 2028
10.5.6.1.1 Saudi Arabia Bucket Elevator Market Breakdown, By Type
10.5.6.1.2 Saudi Arabia Bucket Elevator Market Breakdown, By Capacity
10.5.6.1.3 Saudi Arabia Bucket Elevator Market Breakdown, By Industry
10.5.6.2 UAE Bucket Elevator Market, Revenue and Forecast to 2028
10.5.6.2.1 UAE Bucket Elevator Market Breakdown, By Type
10.5.6.2.2 UAE Bucket Elevator Market Breakdown, By Capacity
10.5.6.2.3 UAE Bucket Elevator Market Breakdown, By Industry
10.5.6.3 South Africa Bucket Elevator Market, Revenue and Forecast to 2028
10.5.6.3.1 South Africa Bucket Elevator Market Breakdown, By Type
10.5.6.3.2 South Africa Bucket Elevator Market Breakdown, By Capacity
10.5.6.3.3 South Africa Bucket Elevator Market Breakdown, By Industry
10.5.6.4 Rest of MEA Bucket Elevator Market, Revenue and Forecast to 2028
10.5.6.4.1 Rest of MEA Bucket Elevator Market Breakdown, By Type
10.5.6.4.2 Rest of MEA Bucket Elevator Market Breakdown, By Capacity
10.5.6.4.3 Rest of MEA Bucket Elevator Market Breakdown, By Industry
10.6 South America: Bucket Elevator Market
10.6.1 Overview
10.6.2 South America Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
10.6.3 South America Bucket Elevator Market Breakdown, By Type
10.6.4 South America Bucket Elevator Market Breakdown, By Capacity
10.6.5 South America Bucket Elevator Market Breakdown, By Industry
10.6.6 South America Bucket Elevator Market Breakdown, by Country
10.6.6.1 Brazil Bucket Elevator Market, Revenue and Forecast to 2028
10.6.6.1.1 Brazil Bucket Elevator Market Breakdown, By Type
10.6.6.1.2 Brazil Bucket Elevator Market Breakdown, By Capacity
10.6.6.1.3 Brazil Bucket Elevator Market Breakdown, By Industry
10.6.6.2 Argentina Bucket Elevator Market, Revenue and Forecast to 2028
10.6.6.2.1 Argentina Bucket Elevator Market Breakdown, By Type
10.6.6.2.2 Argentina Bucket Elevator Market Breakdown, By Capacity
10.6.6.2.3 Argentina Bucket Elevator Market Breakdown, By Industry
10.6.6.3 Rest of SAM Bucket Elevator Market, Revenue and Forecast to 2028
10.6.6.3.1 Rest of SAM Bucket Elevator Market Breakdown, By Type
10.6.6.3.2 Rest of SAM Bucket Elevator Market Breakdown, By Capacity
10.6.6.3.3 Rest of SAM Bucket Elevator Market Breakdown, By Industry
11. Impact of COVID-19 Pandemic on Global Bucket Elevator Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 APAC: Impact Assessment of COVID-19 Pandemic
11.5 MEA: Impact Assessment of COVID-19 Pandemic
11.6 SAM Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 FEECO International Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 BEUMER Group GmbH & Co KG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Motridal SpA
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Skandia Elevator AB
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sukup Manufacturing Co
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Satake Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Gough & Co (Engineering) Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 KWS Manufacturing Co Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 AGCO Corp
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Ryson International Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Bucket Elevator Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Bucket Elevator Market, Revenue and Forecast To 2028 – By Type (US$ Million)
Table 3. North America Bucket Elevator Market, Revenue and Forecast To 2028 – By Capacity (US$ Million)
Table 4. North America Bucket Elevator Market, Revenue and Forecast To 2028 – By Industry (US$ Million)
Table 5. North America Bucket Elevator Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 6. US Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 7. US Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 8. US Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 9. Canada Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 10. Canada Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 11. Canada Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 12. Mexico Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 13. Mexico Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 14. Mexico Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 15. Europe Bucket Elevator Market, Revenue and Forecast To 2028 – By Type (US$ Million)
Table 16. Europe Bucket Elevator Market, Revenue and Forecast To 2028 – By Capacity (US$ Million)
Table 17. Europe Bucket Elevator Market, Revenue and Forecast To 2028 – By Industry (US$ Million)
Table 18. Europe Bucket Elevator Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 19. Germany Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 20. Germany Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 21. Germany Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 22. UK Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 23. UK Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 24. UK Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 25. France Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 26. France Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 27. France Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 28. Italy Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 29. Italy Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 30. Italy Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 31. Russia Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 32. Russia Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 33. Russia Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 34. Rest of Europe Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 35. Rest of Europe Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 36. Rest of Europe Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 37. Asia Pacific Bucket Elevator Market, Revenue and Forecast To 2028 – By Type (US$ Million)
Table 38. Asia Pacific Bucket Elevator Market, Revenue and Forecast To 2028 – By Capacity (US$ Million)
Table 39. Asia Pacific Bucket Elevator Market, Revenue and Forecast To 2028 – By Industry (US$ Million)
Table 40. Asia Pacific Bucket Elevator Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 41. China Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 42. China Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 43. China Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 44. Japan Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 45. Japan Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 46. Japan Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 47. India Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 48. India Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 49. India Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 50. South Korea Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 51. South Korea Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 52. South Korea Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 53. Australia Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 54. Australia Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 55. Australia Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 56. Rest of APAC Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 57. Rest of APAC Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 58. Rest of APAC Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 59. Middle East & Africa Bucket Elevator Market, Revenue and Forecast To 2028 – By Type (US$ Million)
Table 60. Middle East & Africa Bucket Elevator Market, Revenue and Forecast To 2028 – By Capacity (US$ Million)
Table 61. Middle East & Africa Bucket Elevator Market, Revenue and Forecast To 2028 – By Industry (US$ Million)
Table 62. Middle East & Africa Bucket Elevator Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 63. Saudi Arabia Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 64. Saudi Arabia Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 65. Saudi Arabia Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 66. UAE Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 67. UAE Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 68. UAE Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 69. South Africa Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 70. South Africa Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 71. South Africa Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 72. Rest of MEA Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 73. Rest of MEA Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 74. Rest of MEA Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 75. South America Bucket Elevator Market, Revenue and Forecast To 2028 – By Type (US$ Million)
Table 76. South America Bucket Elevator Market, Revenue and Forecast To 2028 – By Capacity (US$ Million)
Table 77. South America Bucket Elevator Market, Revenue and Forecast To 2028 – By Industry (US$ Million)
Table 78. South America Bucket Elevator Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 79. Brazil Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 80. Brazil Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 81. Brazil Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 82. Argentina Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 83. Argentina Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 84. Argentina Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 85. Rest of SAM Bucket Elevator Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 86. Rest of SAM Bucket Elevator Market, Revenue and Forecast to 2028 – By Capacity (US$ Million)
Table 87. Rest of SAM Bucket Elevator Market, Revenue and Forecast to 2028 – By Industry (US$ Million)
Table 88. List of Abbreviation
LIST OF FIGURES
Figure 1. Bucket Elevator Market Segmentation
Figure 2. Bucket Elevator Market Segmentation – By Geography
Figure 3. Global Bucket Elevator Market Overview
Figure 4. Centrifugal Discharge Elevators Segment held the Largest Share of Bucket Elevator Market
Figure 5.–830 Cubic Feet Per Hour Segment held the Largest Share of Bucket Elevator Market
Figure 6. Construction Segment held the Largest Share of Bucket Elevator Market
Figure 7. Asia Pacific to Show Great Traction During Forecast Period
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. APAC: PEST Analysis
Figure 11. MEA: PEST Analysis
Figure 12. SAM: PEST Analysis
Figure 13. Expert Opinion
Figure 14. Bucket Elevator Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Bucket Elevator Market
Figure 16. Bucket Elevator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Bucket Elevator Market Revenue Share, By Type (2021 and 2028)
Figure 18. Centrifugal Discharge Elevators: Bucket Elevator Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 19. Continuous Discharge Elevators: Bucket Elevator Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 20. Positive Discharge Elevators: Bucket Elevator Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 21. Bucket Elevator Market Revenue Share, By Capacity (2021 and 2028)
Figure 22.–830 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
Figure 23.1 – 2800 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
Figure 24. – 2000 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
Figure 25. Above 2801 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
Figure 26. Upto 350 Cubic Feet Per Hour: Bucket Elevator Market- Revenue and Forecast to 2028 (US$ Million)
Figure 27. Bucket Elevator Market Revenue Share, By Industry (2021 and 2028)
Figure 28. Construction Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Agriculture Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mining Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Fertilizers and Chemicals Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Energy and Utilities Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Paper and Pulp Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. Global Bucket Elevator Market Breakdown, by Region, 2021 & 2028 (%)
Figure 36. North America Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 37. North America Bucket Elevator Market Breakdown, By Type, 2021 & 2028 (%)
Figure 38. North America Bucket Elevator Market Breakdown, By Capacity, 2021 & 2028 (%)
Figure 39. North America Bucket Elevator Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 40. North America Bucket Elevator Market Breakdown, by Country, 2021 & 2028 (%)
Figure 41. US Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 42. Canada Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 43. Mexico Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 45. Europe Bucket Elevator Market Breakdown, By Type, 2021 & 2028 (%)
Figure 46. Europe Bucket Elevator Market Breakdown, By Capacity, 2021 & 2028 (%)
Figure 47. Europe Bucket Elevator Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 48. Europe Bucket Elevator Market Breakdown, by Country, 2021 & 2028 (%)
Figure 49. Germany Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 50. UK Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 51. France Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 52. Italy Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 53. Russia Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 54. Rest of Europe Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 55. Asia Pacific Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 56. Asia Pacific Bucket Elevator Market Breakdown, By Type, 2021 & 2028 (%)
Figure 57. Asia Pacific Bucket Elevator Market Breakdown, By Capacity, 2021 & 2028 (%)
Figure 58. Asia Pacific Bucket Elevator Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 59. Asia Pacific Bucket Elevator Market Breakdown, by Country, 2021 & 2028 (%)
Figure 60. China Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 61. Japan Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 62. India Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 63. South Korea Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 64. Australia Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 65. Rest of APAC Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 66. Middle East & Africa Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 67. Middle East & Africa Bucket Elevator Market Breakdown, By Type, 2021 & 2028 (%)
Figure 68. Middle East & Africa Bucket Elevator Market Breakdown, By Capacity, 2021 & 2028 (%)
Figure 69. Middle East & Africa Bucket Elevator Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 70. Middle East & Africa Bucket Elevator Market Breakdown, by Country, 2021 & 2028 (%)
Figure 71. Saudi Arabia Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 72. UAE Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 73. South Africa Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 74. Rest of MEA Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 75. South America Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 76. South America Bucket Elevator Market Breakdown, By Type, 2021 & 2028 (%)
Figure 77. South America Bucket Elevator Market Breakdown, By Capacity, 2021 & 2028 (%)
Figure 78. South America Bucket Elevator Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 79. South America Bucket Elevator Market Breakdown, by Country, 2021 & 2028 (%)
Figure 80. Brazil Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 81. Argentina Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 82. Rest of SAM Bucket Elevator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 83. Impact of COVID-19 Pandemic in North American Country Markets
Figure 84. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 85. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 86. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 87. Impact of COVID-19 Pandemic in South America Country Markets
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global bucket elevators market
• Highlights key business priorities to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the global bucket elevators market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – Bucket Elevator Market
• BEUMER Group GmbH & Co KG
• FEECO International Inc
• Gough & Co (Engineering) Ltd
• KWS Manufacturing Co Ltd
• Motridal SpA
• Skandia Elevator AB
• Sukup Manufacturing Co
• Satake Corp
• Ryson International Inc
• AGCO Corp
According to our latest study on “Bucket Elevator Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Capacity, and Industry,” the bucket elevator market is projected to grow from US$ 1,055.12 million in 2022 to US$ 1,571.40 million by 2028; it is expected to register a CAGR of 6.9% from 2022 to 2028.
Growing Demand for Bucket Elevators in Fertilizer Industry Fuel Bucket Elevator Market Growth
Bucket elevators present a simple but efficient method of elevating free-flowing and semi-free-flowing bulk materials. Their characteristic simplicity makes them a popular choice for bulk material handling and processing applications in fertilizer plants. Bucket elevators are widely used to move ore at mining sites and dispatch finished products from a fertilizer plant. Centrifugal belt-style elevators are mostly utilized for high-capacity tasks that require moving large quantities of material quickly which drives the bucket elevator market growth. Further, a centrifugal-chain elevator is often used for moving ore at a mine site as it allows for greater capacity and is more rugged than belt-style elevators. For superhigh-capacity handling, a double-chain configuration is often employed. Most bucket elevators supplied to the fertilizer industry have higher corrosion and abrasion resistance, as compared to those utilized in other industries. This is because materials used in the production of fertilizers have corrosive qualities, due to which they can cause excessive premature wearing of the buckets. Similarly, abrasion is a prevalent concern for many fertilizer manufacturers, particularly on the mining and ore-handling sides. Thus, the rising use of bucket elevators in fertilizer manufacturing plants is driving the bucket elevator market growth.
North America is one of the most important regions for the adoption and growth of new technologies owing to favorable government policies to boost innovation and strengthen infrastructure capabilities, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to hamper the economic growth of the region. The US was one of the world’s worst-affected countries due to the COVID-19 outbreak. The operations of the construction, mining, and other industries were put on hold, which hampered the business dynamics in the first half of 2020. Lockdowns and travel restrictions imposed in the region significantly affected the construction industry. Large and small construction projects were shut down across the country. US, Canadian, and Mexican authorities ordered the termination and shutdown of most construction projects in 2020 due to which construction businesses reduced their spending on material-handling equipment such as bucket elevators. As operations across production plants and construction sites were standstill due to global lockdowns, the production and consumption of cement fell significantly, which further impacted the bucket elevator market growth in North America
Key Findings of Study:
The bucket elevator market is segmented on the basis of type, capacity, industry, and geography. Based on type, the bucket elevator market is segmented into centrifugal discharge elevators, continuous discharge elevators, and positive discharge elevators. Based on capacity, the bucket elevator market is divided into 350–830 cubic feet per hour, 2001–2800 cubic feet per hour, 831–2000 cubic feet per hour, above 2801 cubic feet per hour, and below 350 cubic feet per hour. Based on industry, the bucket elevator market is segmented into construction, agriculture, mining, food, energy and utilities, paper and pulp, and others. By geography, the bucket elevator market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America
The type of bucket elevator chosen depends on the application it is intended to serve. It is also chosen to support the most efficient process flow. The centrifugal discharge elevator type accounted for the largest market share in 2021. It is anticipated to register the fastest CAGR during the forecast period in the bucket elevator market owing to its rising applications across different industry verticals. Centrifugal discharge bucket elevators are the most preferred type of elevator across different industry verticals. These elevators are capable of quickly handling large amounts of materials, and they function with durability when handling abrasive materials such as sand and gravel. The elevator functions by scooping material from the boot or inlet section, and hence, requires a durable bucket. Owing to the high speed of its operation, this elevator generates centrifugal force at the head pulley, which throws the material out of the bucket and into the discharge chute. Owing to such a mode of operation, these types of elevators are unsuitable for delicate applications. The elevators are driven by either belt or chain. Owing to their fast action, and capability of handling large loads of materials, these elevators are utilized in the mining industry, cement manufacturing, power plants, construction sites, etc. Centrifugal discharge elevator systems are used for the transfer of coal, grain, stone, sand, clay, cullet, ore, sugar, and dry chemicals, among others. All these factors contributes to the growth of the segment in bucket elevator market.
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