Global Vibratory Bowl Feeder market will reach 140 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/29

Vibratory bowl feeders are common devices used to feed individual component parts for assembly on industrial production lines. They are used when a randomly sorted bulk package of small components must be fed into another machine one-by-one, oriented in a particular direction.

With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Vibratory Bowl Feeders market to approach these areas. GIR analysis of the Vibratory Bowl Feeders market indicated that Asia-Pacific would account for the highest sales in 2023 with close to 44 percent of global sales coming from this region. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.

The Vibratory Bowl Feeder market was valued at 110 Million US$ in 2018 and is projected to reach 140 Million US$ by 2025, at a CAGR of 4.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Vibratory Bowl Feeder.

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