Resource Circulation Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Resource Circulation Equipment Trends and Forecast

The future of the global resource circulation equipment market looks promising with opportunities in the automotive, construction, electrical & electronics, paper, plastic & polymer, metal, and oil & gas markets. The global resource circulation equipment market is expected to reach an estimated $21.3 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are rising awareness of environmental issues and the need for sustainable resource management, governments implementing stringent regulations and policies to promote waste reduction and recycling, as well as, growing significance of effective eco-friendly technology.

A more than 150-page report is developed to help in your business decisions.

Resource Circulation Equipment by Segment

The study includes a forecast for the global resource circulation equipment by type, application, and region.

Resource Circulation Equipment Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Office Equipment Circulation System
• Machine Parts Circulation System
• Waste Recycling System

Resource Circulation Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Construction
• Electrical & Electronics
• Paper
• Plastic & Polymers
• Metal
• Oil & Gas
• Others

Resource Circulation Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Resource Circulation Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies resource circulation equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the resource circulation equipment companies profiled in this report include-

• Kawasaki Heavy Industries
• Metso
• Komptech
• Wolf Material Handling Systems
• Foster Wheeler
• Clean Burn
• Lurgi
• JFE Engineering
• ShowaDenko
• ThermoSelect

Resource Circulation Equipment Market Insights

Lucintel forecasts that office equipment circulation system is expected to witness the highest growth over the forecast period due to the rise of hybrid and remote work models, as well as rising need for efficient office equipment management.

North America will remain the largest region over the forecast period due to growing industrial and electronic waste combined with a growing need for recycled materials in the region.

Features of the Global Resource Circulation Equipment Market

Market Size Estimates: Resource circulation equipment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Resource circulation equipment market size by type, application, and region in terms of value ($B).

Regional Analysis: Resource circulation equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the resource circulation equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the resource circulation equipment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the resource circulation equipment market size?

Answer: The global resource circulation equipment market is expected to reach an estimated $21.3 billion by 2030.

Q2. What is the growth forecast for resource circulation equipment market?

Answer: The global resource circulation equipment market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the resource circulation equipment market?

Answer: The major drivers for this market are rising awareness of environmental issues and the need for sustainable resource management, governments implementing stringent regulations and policies to promote waste reduction and recycling, as well as, growing significance of effective eco-friendly technology.

Q4. What are the major segments for resource circulation equipment market?

Answer: The future of the global resource circulation equipment market looks promising with opportunities in the automotive, construction, electrical & electronics, paper, plastic & polymer, metal, and oil & gas markets.

Q5. Who are the key resource circulation equipment market companies?

Answer: Some of the key resource circulation equipment companies are as follows.

• Kawasaki Heavy Industries
• Metso
• Komptech
• Wolf Material Handling Systems
• Foster Wheeler
• Clean Burn
• Lurgi
• JFE Engineering
• ShowaDenko
• ThermoSelect

Q6. Which resource circulation equipment market segment will be the largest in future?

Answer: Lucintel forecasts that office equipment circulation system is expected to witness the highest growth over the forecast period due to the rise of hybrid and remote work models, as well as rising need for efficient office equipment management.

Q7. In resource circulation equipment market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing industrial and electronic waste combined with a growing need for recycled materials in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the resource circulation equipment market by type (office equipment circulation system, machine parts circulation system, and waste recycling system), application (automotive, construction, electrical & electronics, paper, plastic & polymers, metal, oil & gas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?