At 7.0% CAGR, the North America Heavy-Duty Apron Feeder Market is projected to be worth US$ 382.70 million by 2030, says Business Market Insights

According to Business Market Insights research, the North America heavy duty apron feeder market was valued at US$ 223.27 in 2022 and is expected to reach US$ 382.70 million by 2030, registering a CAGR of 7.0% from 2022 to 2030. Rising demand from mining industry for material handling is among the critical factors attributed to the North America heavy-duty apron feeder market expansion.

Heavy-duty apron feeders are used for efficient and reliable handling of bulk materials such as coal ores and minerals, including iron ore, copper ore, bauxite ore, and other minerals. These materials are fed into crushers and other processing equipment through an apron feeder. The growing demand for material handling equipment is one of the major driving factors for the heavy-duty apron feeder market. Market players are launching various products in order to fulfill the growing demand for heavy-duty apron feeders from the mining industry. For instance, in November 2022, McLanahan-a company that designs and manufactures equipment for a wide variety of industries, including mineral, industrial sands, and aggregate-announced the completion of its largest apron feeders, which will be used for metering phosphate ore from rail cars to a conveyor.

On the contrary, rise in competition from alternative material handling solutions hampers the growth North America heavy-duty apron feeder market.

Based on installation type, the North America heavy-duty apron feeder market is segmented into horizontal and tilted. The horizontal segment held 75.6% share of the North America heavy-duty apron feeder market in 2022, amassing US$ 168.89 million. It is projected to garner US$ 285.08 million by 2030 to expand at 6.8% CAGR during 2022-2030.

Based on by application, the North America heavy-duty apron feeder market is segmented into aggregates, concrete/cement, crushing, mining, others. The mining segment held 44.6% share of the North America heavy-duty apron feeder market in 2022, amassing US$ 99.62 million. It is projected to garner US$ 176.25 million by 2030 to expand at 7.4% CAGR during 2022-2030.

Based on country, the North America heavy-duty apron feeder market is segmented into US, Canada, and Mexico. The US held 79.5% share of North America heavy-duty apron feeder market in 2022, amassing US$ 177.42 million. It is projected to garner US$ 310.78 million by 2030 to expand at 7.3% CAGR during 2022-2030.

Key players operating in the North America heavy-duty apron feeder market are 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, among others.

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