버킷 엘리베이터 시장 - 예측(2026-2031년)

Bucket Elevator Market is expected to expand at a 5.16% CAGR, reaching USD 2.234 billion in 2031 from USD 1.652 billion in 2025.

The bucket elevator market experiences accelerated growth driven by rising demand from bulk-handling industries including agriculture, mining, cement, and fertilizers, generating orders for higher-capacity and self-supporting bucket elevator systems. Safety and explosion-risk regulations, including OSHA grain-handling standards and EU ATEX/Machinery Directive compliance requirements, force equipment upgrades and retrofits, increasing replacement and service demand across operational facilities. Industry consolidation and asset disposals in grain and protein businesses reshape OEM and aftermarket channels, shifting procurement toward integrated suppliers.

Primary Growth Catalysts

Three demand catalysts dominate market dynamics. Capacity expansion in bulk industries-cement, mining, and large feed/grain operations-require higher throughput and vertical lift capabilities, creating orders for super-capacity and self-supporting elevators. FEECO's October 2024 product launch exemplifies this trajectory with self-supporting, super-capacity bucket elevators suited for outdoor and high-throughput applications, positioning toward brownfield projects where structural steel is constrained.

Regulatory-driven replacement constitutes the second catalyst. Safety and combustible-dust rules including OSHA 1910.272 and EU ATEX/Machinery Directive compel operators to replace or retrofit legacy elevators with explosion-protected, accessible designs, directly increasing service and retrofit demand. These compliance requirements mandate access provisions, clean-out capabilities, conductive belts, and dust control systems, compelling retrofits and safety upgrades that increase demand for certified modern units and service contracts.

Plant modernization and decentralization represent the third driver. Projects relocating or rebuilding facilities increase demand for turnkey vertical conveying solutions rather than component-only sales. BEUMER's February 2024 North America operational expansion and assimilation of former FAM operations strengthened local engineering and project execution capabilities for turnkey elevators and systems, demonstrating strategic positioning for comprehensive project delivery.

Market Challenges and Opportunities

Supply-side constraints raise operational costs. Steel and high-grade wear parts increase unit prices and elongate lead times, suppressing small order activity. Skill shortages in field installation and qualified welders create bottlenecks for tall or custom installations, slowing project execution timelines and increasing delivery complexity.

Opportunities emerge through modular self-supporting designs lowering civil works costs and unlocking brownfield sites, converting retrofit budgets into full-unit purchases. Vendors offering integrated explosion mitigation including ATEX-compliant controls, vents, and monitoring systems capture higher-margin system sales. Aftermarket service contracts represent growth vectors as operators choose uptime guarantees over capital replacement during volatile commodity cycles.

Raw Material and Pricing Dynamics

Bucket elevator hardware depends primarily on structural steel including G90/G140 galvanized sheet for casings, alloy steels for chains and sprockets, and engineered polymers for non-metallic buckets. Global steel price volatility transmits directly to OEM input costs, with higher galvanized steel grades raising bill of materials costs and unit prices. Chain and bearing lead times affect long-lead models, as super-capacity elevators utilize heavy-duty chains and sprockets. Suppliers securing forward contracts or localizing fabrication reduce price pass-through, enabling competitive tendering on high-capital expenditure projects.

Regulatory Framework Impact

OSHA Grain-Handling Standard 29 CFR 1910.272 mandates access, clean-out, conductive belts, and dust control requirements, compelling retrofits, safety upgrades, and replacement of non-compliant bucket elevators. This regulation increases demand for certified modern units and service contracts throughout United States operations.

EU Machinery Directive 2006/42/EC and ATEX Directive 2014/34/EU require CE conformity and ATEX explosion protection, compelling manufacturers to supply compliant machines with documentation. Buyers favor suppliers offering certified ATEX solutions, raising demand for integrated explosion-protected elevators across European markets.

Segment Analysis

Continuous bucket elevators serve fragile or abrasive materials requiring gentle, steady discharge. Food and feed processors alongside specialty chemical producers select continuous designs minimizing product degradation, contamination risk, and dust generation. Segment demand rises when end-users shift from high-speed centrifugal models to lower-speed continuous designs preserving product integrity, particularly when regulatory or quality standards tighten around food safety and dust containment.

Agriculture represents the largest tangible end-user segment. Grain handling, feed mills, and storage terminals drive baseline and cyclical replacement demand. Key demand levers include harvest volumes, consolidation of grain handling into larger centralized facilities, and tighter grain-handling safety rules forcing equipment modernization. When agribusinesses invest in storage capacity or automated elevators, procurement shifts to super-capacity and self-supporting models minimizing civil works requirements.

Geographic Market Characteristics

The US market demonstrates project and retrofit spending driven by large feed mills and ethanol/biomass plants, with OSHA 1910.272 enforcements accelerating replacement demand and aftermarket services. Germany's cement and mining projects demand engineered high-lift solutions, with strict EU conformity and ATEX compliance driving specification to European OEMs. UAE's rapid infrastructure and terminal expansions create demand for turnkey vertical conveying, with preference for self-supporting designs reducing civil scope requirements.

Recent Market Developments

July 2024 witnessed AGCO announcing definitive agreement to sell majority of its Grain & Protein business to American Industrial Partners, affecting Cimbria/AGCO segment operations and market positioning. February 2025 marked Sweet Manufacturing announcing joining Behlen Manufacturing Company, representing ongoing industry consolidation reshaping competitive dynamics and channel relationships.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

• Historical data from 2021 to 2025 & forecast data from 2026 to 2031
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information), and Key Developments among others.

Bucket Elevator Market Segmentation

By Type

• Centrifugal Bucket Elevator
• Continuous Bucket Elevator
• Positive Discharge Bucket Elevator

By Bucket Type

• Metallic
• Non-Metallic
• Welded Steel Bucket

By Distribution Channel

• Energy & Power
• Paper & Pulp
• Chemical
• Agriculture
• Mining
• Others

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• United Kingdom
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Thailand
• Others

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

• 2.1. Market Overview
• 2.2. Market Definition
• 2.3. Scope of the Study
• 2.4. Market Segmentation

3. BUSINESS LANDSCAPE

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Porter's Five Forces Analysis
• 3.5. Industry Value Chain Analysis
• 3.6. Policies and Regulations
• 3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. BUCKET ELEVATOR MARKET BY TYPE

• 5.1. Introduction
• 5.2. Centrifugal Bucket Elevator
• 5.3. Continuous Bucket Elevator
• 5.4. Positive Discharge Bucket Elevator

6. BUCKET ELEVATOR MARKET BY BUCKET TYPE

• 6.1. Introduction
• 6.2. Metallic
• 6.3. Non-Metallic
• 6.4. Welded Steel Bucket

7. BUCKET ELEVATOR MARKET BY DISTRIBUTION CHANNEL

• 7.1. Introduction
• 7.2. Energy & Power
• 7.3. Paper & Pulp
• 7.4. Chemical
• 7.5. Agriculture
• 7.6. Mining
• 7.7. Others

8. BUCKET ELEVATOR MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. USA
  • 8.2.2. Canada
  • 8.2.3. Mexico
• 8.3. South America
  • 8.3.1. Brazil
  • 8.3.2. Argentina
  • 8.3.3. Others
• 8.4. Europe
  • 8.4.1. Germany
  • 8.4.2. France
  • 8.4.3. United Kingdom
  • 8.4.4. Spain
  • 8.4.5. Others
• 8.5. Middle East and Africa
  • 8.5.1. Saudi Arabia
  • 8.5.2. UAE
  • 8.5.3. Others
• 8.6. Asia Pacific
  • 8.6.1. China
  • 8.6.2. India
  • 8.6.3. Japan
  • 8.6.4. South Korea
  • 8.6.5. Indonesia
  • 8.6.6. Thailand
  • 8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations
• 9.4. Competitive Dashboard

10. COMPANY PROFILES

• 10.1. Martin Sprocket & Gear, Inc.
• 10.2. Frazier & Son
• 10.3. FEECO International Inc.
• 10.4. Sweet Manufacturing Company
• 10.5. Beumer Group
• 10.6. CImbra (AGCO Corporation)
• 10.7. Guttridge
• 10.8. Rieco Industries Limited.

11. APPENDIX

• 11.1. Currency
• 11.2. Assumptions
• 11.3. Base and Forecast Years Timeline
• 11.4. Key Benefits for the Stakeholders
• 11.5. Research Methodology
• 11.6. Abbreviations