Quick Summary:
In the fast-evolving and economically significant Resource Circulation Equipment (RCE) industry, businesses need a clear and comprehensive understanding of all market dynamics to maintain a competitive edge. The global market for RCE is projected to expand significantly, moving from US$15.7 Billion in 2022 to an estimated US$25.4 Billion by 2030, with vital growth areas identified within automotive and construction sectors.
Opportunities for growth are also diverse worldwide, with China forecast to grow at an impressive 9.6% CAGR, while the US maintains a solid RCE market estimated at $4.5 Billion. Our market research report provides in-depth insights on global competitiveness, geographic market presence, and detailed analysis of selected competitors. Featuring special coverage on relevant market trends and dynamic market updates, this comprehensive report is a must-have for decision-makers in the RCE industry seeking to ensure an informed, forward-thinking strategy.
Global Resource Circulation Equipment (RCE) Market to Reach $25.4 Billion by 2030
The global market for Resource Circulation Equipment (RCE) estimated at US$15.7 Billion in the year 2022, is projected to reach a revised size of US$25.4 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2022-2030. Automotive, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$3.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Construction segment is readjusted to a revised 6.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.5 Billion, While China is Forecast to Grow at 9.6% CAGR
The Resource Circulation Equipment (RCE) market in the U.S. is estimated at US$4.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 42 Featured) -
- Clean Burn, LLC
- ECO Green Equipment, LLC.
- Foster Wheeler AG
- JFE Engineering Corporation
- Kawasaki Heavy Industries Ltd.
- Komptech GmbH
- Metso Corporation
- Vecoplan AG
- Vivera Corp.
- Wolf Material Handling Systems
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Resource Circulation Equipment (RCE)?
What is the growth rate of the Global Market for Resource Circulation Equipment (RCE)?
What is the forecasted size of the Global Market for Resource Circulation Equipment (RCE)?
Who are the key companies in the Global Market for Resource Circulation Equipment (RCE)?
| Report Attribute | Details |
|---|---|
| No. of Pages | 244 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 15.7 Billion |
| Forecasted Market Value ( USD | $ 25.4 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Clean Burn, LLC
- ECO Green Equipment, LLC.
- Foster Wheeler AG
- JFE Engineering Corporation
- Kawasaki Heavy Industries Ltd.
- Komptech GmbH
- Metso Corporation
- Vecoplan AG
- Vivera Corp.
- Wolf Material Handling Systems
