Reclaimer is a large machine which is used for material handling in bulk. It recovers the bulk material such as ores and cereals from stockpile. Reclaimer consists of bucket wheel, counterweight boom, rocker and a convoy system to handle the material. This machine can be assembled differently according to requirement. Reclaimer travels on rails which are created between stockpiles in stockyard. Reclaimer is electricity driven machine which uses trailing cable for power transmission. It is volumetric machine which is rated in cubic meter per hour for capacity which can be converted in tones per hour based on the average density of material. It is used in road construction, at airport, public engineering and wharf due to its ability to handle the material in bulk.
COVID-19 Impact analysis
- COVID-19 pandemic has shut down the production of various products in the reclaimer industry attributed to the lockdown in countries worldwide. This has hampered the growth of reclaimer market in 2020 and, is likely to revive in 2021.
- COVID-19 has already affected the sales of reclaimer in the second and third quarter of 2020 and is reviving in 2021.
- The major demand for reclaimer was previously noticed from countries including the U.S., Germany, Italy, UK, and India, which are negatively affected by the spread of the corona virus, thereby declining the demand for reclaimer.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Reclaimer manufacturers can afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID-19 health crisis.
- Reclaimer manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce.
Top Impacting Factors
Reclaimer is a huge machine which requires minimum or no human effort for operation. Rise in demand for automatic tools and machines for efficient construction of roads, airports, stadiums, and large buildings is one of the key factors diving the growth of the reclaimers market. Its ability to move large amount of material is advantageous over other material handling tools and machine. This is one of the factors which is opportunistic for reclaimer market growth. Rise in construction of huge corporate buildings, statues and sport stadium is another factor driving the market growth. It requires assembling at the sites because of its huge size, which can be cost driven. It is very costly for short term project and thus is usually used for long term project. In addition, its cost and maintenance is very high which limits the market growth at a global level.
Market Trends
- North America is dominating the global reclaimer market due to continuous development in infrastructure and construction industry. It occupies the largest part of revenue generation across the globe.
- Asia-Pacific region is the second largest market which has just started to make space in the global market. The reclaimer market is expected to gain traction due to rise in road construction and infrastructure industries in emerging economies such as India and Japan. China is the largest revenue contributor in the reclaimer market in the Asia-Pacific region.
- Other than construction, reclaimer has started making space in the scrap market as well. For Example, in Erie, Pennsylvania, large plastic recovery facility is going to be developed, which will use reclaimers for handling tons of plastic.
Key Benefits of the Report
- This study presents the analytical depiction of the reclaimer market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the reclaimer market share.
- The current market is quantitatively analyzed to highlight the reclaimer market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed reclaimer market analysis based on competitive intensity and how the competition will take shape in coming years.
Reclaimer Market Report Highlights
| Aspects | Details |
 By Capacity |
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 By Application |
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 By Region |
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 Key Market Players | SAKAI HEAVY INDUSTRIESLtd.,, XCMG,, WIRTGEN,, Bomag,, Case,, JCB,, Liugong Machinery,, Shantui,, XGMA., Volvo,, Dynapac,, Caterpillar,, Sany,, Ammann, |
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