Global feeding and accumulating systems market is estimated to grow considerably in the coming years due to the high adoption of automation in various industries. Feeding and accumulating systems are the bulk machineries that line-up the assembled bottles by either a bulk bottle unscrambler, large depalletizer, or simply by a rotary feed table. They help the bottles to fill with any type of content, capped, labelled, etc. until the end of packaging line.
These machineries operate with the help of sensors installed on the conveyor line. They sometimes also use the photoelectric sensors to detect the objects.
The reasons for the growth of feeding and accumulating system market include an increase in demand from food and beverage industry, a rise in demand from consumers for bottled beverages, the rise in disposable income of consumers, and rise in investments by private sector for technological innovations of the systems. However, the significant cost of installation of the machinery and high maintenance of feeding and accumulating systems is hampering the market growth.
An increase in demand from various industries like chemical, pharmaceuticals, and construction is an emerging trend in the feeding and accumulating systems market. The introduction of new flavoured beverages in soft drinks and energy drinks and emergence of new companies in various industries are the opportunities for the market.
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Market is categorized on the basis of product type, application, and geography. On the basis of product type, market is divided into material filling machines, bottle and can depalletizing machine, and others.
Based on application, feeding and accumulating systems industry is split into mineral, food industry, construction materials, chemical industries, and others. The food industry is expected to hold a substantial share of the market in future due to the explosive demand for food on the global scale. This high demand is attributed to increasing population and growing urbanization.
Geographically, market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America and South America are expected to dominate the market due to demand from different applications. Further, Asia Pacific is also expected to lead the market due to developments in various industries.
The major players in feeding and accumulating systems market include Beumer Group, Toyota Industries Corporation, Kion Group AG, Busch Machinery, Hyster-Yale Material Handling, Inc., Daifuku Co., Ltd., Jungheinrich AG, Knapp AG, Murata Machinery, John Bean Technologies (JBT) Corporation, Kuka AG, Hanwha Corporation and Fives among others.
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