Hammer Mill Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2032
During the forecast period, the global hammer mill market is estimated to expand at a CAGR of 4.3%, reaching a valuation of more than US$ 1,106 Mn by 2032.
Hammer mills are suitable for
breaking hard, dry materials such as straw, maize cobs, wood chips, and other
fibrous materials. They are effective for use in residential areas because of
their low vibration and noise levels, but they are also a good investment for
commercial applications because of their long life and minimal maintenance
needs. They may be utilized in a broad range of sectors due to their diverse
processing capabilities, and the speed can be modified to meet varied
materials.
Hammer mills are becoming
increasingly popular these days. The primary reason for this is that they are
extremely adaptable devices. They may be utilized for a variety of purposes,
including the generation of biomass and feed. They are also incredibly
efficient and capable of handling a big volume of material.
“Increased machine utilization and demand for
high-quality goods in various sectors, as well as the integration of smart
devices into equipment, are driving the expansion of the hammer mill market,”
says an FMI analyst.
Key Takeaways:
·
At
a CAGR of 5.8%, the fastest-growing product type is Pneumatic Discharge from
2022 to 2032.
·
From
2017 to 2021, the market for Hammer Mill increased at 3.4% CAGR and is expected
to grow by 4.3% in 2022
·
Over
the forecast period, the hammer mill market in Germany is projected to grow at
a significant CAGR of 3.9%.
·
Over
the forecast period, the hammer mill market in agriculture sector is projected
to grow at a significant CAGR of 4.2%.
·
By
Sales Channel, OEM is set to account for more than 95% of the global market
·
By
2032, East is estimated to have the largest share of the global market,
accounting for more than 48%.
Competitive
Landscape
Some of the key hammer mill manufacturers
included in the report are Andritz, Sandvik AB, Manfredini & Schianchi Srl,
Prater Industries, Kurimoto Group, Hosowaka Micron Corporation, Rasa
Corporation, Lehra Fuel Tech Pvt Ltd, Perkin Elmer, Kahl & Schlichterle,
Schenck Process Holding Ltd Gmbh, Gebr Bellmer Gmbh Maschinenfabrik and
Doppstadt.
About FMI – Industrial Automation
The
industrial Automation division of FMI offers a novel approach and innovative
perspective in analyzing industrial automation market. Comprehensive coverage
of capital, portable, process, construction, industrial and special purpose
machinery across manufacturing sector and distinctive analysis about installed
base, consumables, replacement, USP-feature-application matrix make us a
pioneering voice in the industry. We are preferred associates with established
as well as budding industry stakeholders and channel partners when it comes to
sustain, grow and identify new revenue prospects.
Access Full report: https://www.futuremarketinsights.com/reports/hammer-mill-market
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