Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Reclaimer Market to reach USD XX billion by the end of 2029.

Global Reclaimer Market Size study & Forecast, by Capacity (Less than 10 Ton, 10-20 Ton, 20-30 Ton, and Above 30 Ton), by Application (Road Construction, Airport, Wharf, and Public Engineering) and Regional Analysis, 2022-2029

Product Code: OIRIME-92037288
Publish Date: 13-05-2023
Page: 200

Global Reclaimer Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Reclaimer is a sizable machine used for bulk material handling. From a stockpile, it recovers bulk materials like ores and grains. A convoy system, a bucket wheel, a counterweight boom, and a rocker are all parts of the reclaimer. This machine can be put together in a variety of ways depending on the situation. On rails that are built between stockpiles in the stockyard, the reclaimer moves. Reclaimer is an electrically powered machine that transmits power using a trailing cable. It is a volumetric machine, and its capacity, which is measured in cubic metres per hour, can be converted to tonnes per hour based on the typical density of the material. The rising expansion of construction industry and growing demand for automatic tools and machines are key factors driving the market growth.

The rising expansion of construction industry worldwide is contributing towards the growth of the Global Reclaimer Market. For instance – as per Oxford Economics estimates – in 2020, the global construction output was estimated at USD 10.7 trillion and this amount is projected to grow by more than 42% or USD 4.5 trillion between 2020 and 2030 to reach USD 15.2 trillion towards the end of 2030. Also, growing infrastructure development investment in developing economies and rising advancements in reclaimers would create lucrative growth opportunities for the market over the projected period. However, volatile cost of raw materials hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Reclaimer Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rapid development in infrastructure and construction sector as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising number of construction projects towards the development of airports, expressways, commercial and residential buildings, and piping networks for oil and gas industry in the region.

Major market players included in this report are:

Wirtgen Group
Caterpillar Inc.
Bopparder Maschinenbau-Gesellschaft mbH
XCMG Construction Machinery Group Co., Ltd.
Case Construction Equipment
Sakai Heavy Industries, Ltd
JCB
Dynapac
Volvo Group
Shantui Construction Machinery Co., Ltd.

Recent Developments in the Market:
Ø In August 2020, Vermeer announced availability of its new reclaimer for the horizontal directional drilling (HDD) industry, this new system is specially designed for large-diameter pipeline installation applications. The new R600T model features a redesigned linear-motion shaker deck to help reduce weight, increase the available G-force and extend screen life.

Global Reclaimer Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Capacity, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Capacity
Less than 10 Ton
10-20 Ton
20-30 Ton
Above 30 Ton

By Application
Road Construction
Airport
Wharf
Public Engineering

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Reclaimer Market, by Region, 2019-2029 (USD Billion)
1.2.2. Reclaimer Market, by Capacity, 2019-2029 (USD Billion)
1.2.3. Reclaimer Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Reclaimer Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Reclaimer Market Dynamics
3.1. Reclaimer Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing expansion of construction industry
3.1.1.2. Growing demand for automatic tools and machines
3.1.2. Market Challenges
3.1.2.1. Volatile cost of raw materials
3.1.3. Market Opportunities
3.1.3.1. Growing infrastructure development investment in developing economies
3.1.3.2. Rising advancements in reclaimers
Chapter 4. Global Reclaimer Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Reclaimer Market, by Capacity
6.1. Market Snapshot
6.2. Global Reclaimer Market by Capacity, Performance – Potential Analysis
6.3. Global Reclaimer Market Estimates & Forecasts by Capacity 2019-2029 (USD Billion)
6.4. Reclaimer Market, Sub Segment Analysis
6.4.1. Less than 10 Ton
6.4.2. 10-20 Ton
6.4.3. 20-30 Ton
6.4.4. Above 30 Ton
Chapter 7. Global Reclaimer Market, by Application
7.1. Market Snapshot
7.2. Global Reclaimer Market by Application, Performance – Potential Analysis
7.3. Global Reclaimer Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Reclaimer Market, Sub Segment Analysis
7.4.1. Road Construction
7.4.2. Airport
7.4.3. Wharf
7.4.4. Public Engineering
Chapter 8. Global Reclaimer Market, Regional Analysis
8.1. Reclaimer Market, Regional Market Snapshot
8.2. North America Reclaimer Market
8.2.1. U.S. Reclaimer Market
8.2.1.1. Capacity breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Reclaimer Market
8.3. Europe Reclaimer Market Snapshot
8.3.1. U.K. Reclaimer Market
8.3.2. Germany Reclaimer Market
8.3.3. France Reclaimer Market
8.3.4. Spain Reclaimer Market
8.3.5. Italy Reclaimer Market
8.3.6. Rest of Europe Reclaimer Market
8.4. Asia-Pacific Reclaimer Market Snapshot
8.4.1. China Reclaimer Market
8.4.2. India Reclaimer Market
8.4.3. Japan Reclaimer Market
8.4.4. Australia Reclaimer Market
8.4.5. South Korea Reclaimer Market
8.4.6. Rest of Asia Pacific Reclaimer Market
8.5. Latin America Reclaimer Market Snapshot
8.5.1. Brazil Reclaimer Market
8.5.2. Mexico Reclaimer Market
8.5.3. Rest of Latin America Reclaimer Market
8.6. Rest of The World Reclaimer Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Wirtgen Group
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Caterpillar Inc.
9.2.3. Bopparder Maschinenbau-Gesellschaft mbH
9.2.4. XCMG Construction Machinery Group Co., Ltd.
9.2.5. Case Construction Equipment
9.2.6. Sakai Heavy Industries, Ltd
9.2.7. JCB
9.2.8. Dynapac
9.2.9. Volvo Group
9.2.10. Shantui Construction Machinery Co., Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now