About Motorized Pulley
A motorized pulley deals with the bulk and unit handling of raw materials, it is basically a drum motor in which the body rotates around a stationary shaft. The entire mechanism of the pulley includes the gears, motors, and bearings which come with the sealed protected outer metal drum. The motorized pulley is considered to be efficient and compact with longer durability in various industry usage. It is available for heavy and medium duty operations.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Rulmeca Holding S.p.A (Italy), Van der Graaf (United States), ASGCO (United States), Sparks Belting (United States), Terpco Inc (United States), Melco Conveyor Equipment (South Africa) and Dorner Mfg. Corp. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Motorized Pulley market by Type (Medium-duty and Heavy-duty), Application (Bulk Handling and Unit Handling) and Region.
On the basis of geography, the market of Motorized Pulley has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Industry, the sub-segment i.e. Mining will boost the Motorized Pulley market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Air-cooled Motorized Pulley will boost the Motorized Pulley market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The popularity of Medium Duty Motorized Pulley in Industries like Chemical and Electricity
Market Growth Drivers:
Demand for Bulk Handling of Materials with Improved Versatility and Space Utilization in Numerous Industries and Need for Safety of Workers and Durability of the Machinery
Challenges:
Stringent Regulatory Guidelines on the Motorized Pulley Market
Restraints:
Availability of Substitute Motorized Pulley Products with Low Quality
Opportunities:
Growing Demand for Bulk Handling from Mining and Transportation Industry will Boost the Motorized Pulley Market
Market Leaders and their expansionary development strategies
In April 2023, Rulmeca Holding Spa announced the acquisition of Douglas Manufacturing Ltd, a company based in the United States with factory and offices in Pell City Alabama. Douglas has an established and well respected brand name built over 45 years of activity as manufacturer and distributor of components and engineered conveying solutions for bulk materials handling applications.
In August 2020, Rulmeca Corporation will offer online Motorized Pulley training until safety concerns about COVID-19 can be reduced and in-house seminars, such as the 2019 seminar shown here, maybe reconvened. This “MOOC” (massive open online course) will be self-administered and consists of 11 training modules.
Key Target Audience
Motorized Pulley Manufacturers, Motorized Pulley International Traders, Motorized Pulley Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.