Global Shaftless Screw Conveyors Market: Introduction
- Shaftless screw conveyors are designed for conveying tough materials with no intermediate or end bearings. Use of these conveyors ensures obstacle-free conveying. Absence of shaft in shaftless screw conveyors eliminates the need for intermediate or end bearings, thereby permitting direct connection, optimized layout, and flexibility in design.
- Absence of central shaft in shaftless screw conveyors enables them to be filled at a much higher rate, which results in low RPMs, efficient transportation, and less wear and tear.
Global Shaftless Screw Conveyors Market: Dynamics
- Growth of end-use industries such as food processing and agriculture in both developed and developing countries is projected to act as a key factor boosting the global shaftless screw conveyors market during the forecast period
- The advantages of shaftless screw conveyors as compared to traditional shafted screw conveyors is considered one of the major factors driving the growth of the market. Shaftless screw conveyors also permit for side and end-to-end connections which is not accessible in shafted screw conveyors.
- In addition, shaftless screw conveyors are more cost effective than other conveying devices
- Growing incorporation of automation in production processes across industries is anticipated to promote growth of the global shaftless screw conveyors market in the next few years
- Moreover, public private partnership in the wastewater industry is another key trend stimulating the growth of the shaftless screw conveyors market.
- Apart from this, government initiatives to promote local food production can offer immense opportunities to manufacturers of shaftless screw conveyors in the near future
- However, volatility in prices of raw materials required for the production of shaftless screw conveyors acts as a key restraint of the global shaftless screw conveyors market
- Additionally, increasing costs associated with the maintenance and service of shaftless screw conveyors are projected to hamper the global market in the near future
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Global Shaftless Screw Conveyors Market: Segmentation
- Based on end-user, the global shaftless screw conveyors market can be divided into food & beverages, agriculture, mining & cement, sewage treatment, solid waste management, biomass, and others
- The mining & cement segment accounted for a leading share of the global shaftless screw conveyors market in 2018. The segment is projected to maintain its leading position throughout the forecast period.
Asia Pacific to Lead Global Market for Shaftless Screw Conveyors
- In terms of region, the global shaftless screw conveyors market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
- Asia Pacific is likely to dominate the global market for shaftless screw conveyors from 2019 to 2027, followed by EMEA and Americas
- Rapid economic growth of developing countries such as China and India has boosted the market in the region
- The shaftless screw conveyors market in Asia Pacific is expected to expand at a rapid pace over the forecast period.
- The market in Europe is also projected to witness substantial growth in the next few years, due to increasing demand for shaftless screw conveyors from agriculture and food processing industries in the region
Key Manufacturers Operating in Market
The global shaftless screw conveyors market was highly fragmented in 2018 with presence of multiple large scale and small scale market players. The shaftless screw conveyors market is in growth phase, however the competition among vendors is anticipated to become less intense in the coming years because the market becomes concentrated. Key manufacturers operating in the global market are:
- Astro Engineering & Manufacturing Inc.
- Industrial Screw Conveyors, Inc.
- KWS Manufacturing Company, Ltd.
- SPIRAC Engineering AB
- Tsubakimoto Chain Co.
- FMC Technologies
- Screw Conveyor Corporation
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Global Shaftless Screw Conveyors Market: Research Scope
Global Shaftless Screw Conveyors Market, by End-user
- Food & Beverages
- Mining & Cement
- Sewage Treatment
- Solid Waste Management
Global Shaftless Screw Conveyors Market, by Region
- North America
- Rest of North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.