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 good for breaking down hard, dry materials like straw, maize cobs, wood chips, and other fibrous materials.
They are suitable for use in residential areas due to their low vibration and noise levels, but they are also an excellent investment for commercial applications due to their long life and low maintenance requirements. Because of their diverse processing capabilities, they can be used in a wide range of industries, and the speed can be adjusted to meet a variety of materials.
These days, hammer mills are becoming increasingly popular. The main reason for this is that they are highly adaptable devices. They can be used for a variety of things, including the production of biomass and feed. They are also extremely effective and capable.
“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.
- 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%.
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.
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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