Jul 3, 2017   SOURCE: BusinessWire

Global Scrap Metal Shredder Market 2017-2021 - Key vendors are Metso, SSI Shredding Systems, UNTHA & WEIMA - Research and Markets

Research and Markets has announced the addition of the "Global Scrap Metal Shredder Market 2017-2021" report to their offering.

The analysts forecast the global scrap metal shredder market to grow at a CAGR of (0.70)% during the period 2017-2021.

Global Scrap Metal Shredder Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is growing sales of EVs. Over the past few years, the interest in electric vehicles (EVs) has increased in the US automotive sector. This is because manufacturers are introducing new EVs with advanced technology. The country is proposing to be the global leader in next-generation vehicle technologies.

With the support of financial incentives and R&D from the government, the country believes in reducing its dependence on petroleum products for transportation. Therefore, the future for EVs seems to be optimistic. Sales of plug-in cars in the US were 50.1 thousand units in 2005, which increased to 295.1 thousand units in 2015.

One driver in market is develop intentions to meet the shifting mobility needs. Continuous urbanization in developed economies such as the Americas, Japan, and Europe is likely to lead consumers to seek alternatives to car ownership. Therefore, automotive manufacturers should concentrate on diversifying their portfolio to cater to the demand of consumers.

Key vendors

  • Metso
  • SSI Shredding Systems
  • UNTHA
  • WEIMA

Other prominent vendors

  • Advance Hydrau Tech
  • ANDRITZ
  • BCA Industries
  • Brentwood
  • ECO Green Equipment
  • Ecostan
  • Granutech-Saturn Systems
  • Hammermills International
  • MOCO Maschinen- und Apparatebau
  • Rapid Granulator
  • Servo International
  • Vecoplan

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Key products

Part 07: Geographical segmentation

Part 08: Decision framework

Part 09: Drivers and challenges

Part 10: Market trends

Part 11: Vendor landscape

Part 12: Key vendor analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/845z7t/global_scrap