The global vibrating conveyors market at a CAGR of nearly 5% during the forecast period

NEW YORK, June 17, 2019 /PRNewswire/ -- About this market

The growth of the global population and the increasing per capita income of consumers has significantly increased the demand for commodities such as consumer electronics and automobile, and consumables such as medicines and food products. The rise in disposable income is resulting in the steady graduation of the middle-class population to the urban class, which is triggering the frequency of various residential and commercial activities. Also, the expansion of cities has increased construction activities, which are driving the growth of industries such as chemical, pharmaceutical, food and beverage, and cement industries. These industries are some of the major end-users of vibrating conveyors whose growth will drive the growth of the global vibrating conveyors market at a CAGR of nearly 5% during the forecast period.

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Market Overview

Increased demand for conveyor systems in industries

The diversified nature of the applications of conveyor systems has increased its demand in several industries. The design improvements in th newer models have eliminated the operational constraints associated with vibrating conveyors. The newer models efficiently separate magnetic and non-magnetic materials and reduce unnecessary downtimes. Many such advancements are increasing the adoption of vibrating conveyors across industries.

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