1. STEINERT Eddy Current Separators Market Analysis
1.1 Business Overview
STEINERT offers innovative solutions for the separation of recyclable materials in order to optimize processes together with its customers and partners and thus increase their profitability. In the areas of processing secondary and primary raw materials, the company operates in the waste disposal and recycling industry as well as in mining. STEINERT is the leading provider of sophisticated magnetic separation technology and innovative sensor sorting – in consulting, manufacturing and commissioning as well as in services.
In the ANOFOL division, STEINERT has been producing coils made of anodized aluminum strips for various electrical engineering applications for more than 40 years.
Based in Cologne for 130 years and represented worldwide with around 300 employees, STEINERT offers a global network to support its customers with local contacts and local expertise.
1.2 Product Overview
Table Product Overview
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STEINERT EddyC® The eddy current separator STEINERT EddyC: the new standard Use of the new belt changing concept to simplify maintenance work on the non-ferrous metal separator The design of our new STEINERT EddyC combines things that have been tried and tested with innovation in the separation of non-ferrous metals. STEINERT also continues to rely on the established eccentrically mounted magnetic pole system with powerful neodymium-iron-boron magnets and robust construction of all machine elements in its eddy current separators. The core features of the new STEINERT EddyC model series are a self-supporting frame construction allowing faster belt replacement, variable adjustment of the pole system’s application point, optimised accessibility to and overview of the separation area and a fundamentally revised external design. The conveyor belt can be replaced in just 10 minutes due to the self-supporting, C-shaped design. Further advantages: an additional hoist is no longer required and the machine side for belt replacement can be chosen at will. Different versions of our non-ferrous metal separators are available within the standard STEINERT EddyC series depending on the intended use. For instance, we offer you the type 5009 all-rounder for a medium grain size over 5 mm. On the other hand, the 5005 coarse pole system is advisable for the coarse grain range above 40 mm. Here the design of the magnet system is decisive for compelling selectivity and constantly high separation success. Selection of the correct magnet system enables you to achieve reliable sorting of non-ferrous metals even at high throughputs. We will be happy to advise you. Eccentric non-ferrous metal separator following the STEINERT principle Proven technology of the non-ferrous metal separators in a new design Adapted magnetic pole systems available for various applications Working widths: 500 – 2,500 mm |
1.3 STEINERT Eddy Current Separators Market Performance
From 2018 to 2023, the sales volume, price, revenue, and gross margin of STEINERT’s eddy current separators have experienced some fluctuations. The sales volume of STEINERT’s eddy current separators increased from 193 units in 2018 to 261 units in 2023, showing a steady growth trend. The price per device was $132.7 thousand in 2018, decreased to $128.0 thousand in 2019, and further decreased to $125.0 thousand in 2020, before recovering in 2021 and 2022, reaching $135.5 thousand in 2023. Total revenue increased from $25.62 million in 2018 to $35.35 million in 2023, reflecting the expansion of the company’s business. The gross profit margin was 26.11% in 2018, rose to 26.36% in 2019, and then declined, but rebounded to 25.63% in 2023, indicating an improvement in the company’s profitability.
Table STEINERT Eddy Current Separators Sales, Price, Revenue, Gross Margin (2018-2023)
|
STEINERT |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Sales (Unit) |
193 |
201 |
198 |
229 |
243 |
261 |
|
Price (K USD/Unit) |
132.7 |
128.0 |
125.0 |
131.7 |
138.6 |
135.5 |
|
Revenue (M USD) |
25.62 |
25.72 |
24.74 |
30.15 |
33.68 |
35.35 |
|
Gross (M USD) |
6.69 |
6.78 |
6.28 |
7.51 |
8.57 |
9.06 |
|
Gross Margin |
26.11% |
26.36% |
25.39% |
24.91% |
25.44% |
25.63% |
Sales of STEINERT Eddy Current Separators amounted to 193 units in 2018, growing slightly to 201 units in 2019, but falling to 198 units in 2020. Sales then increase significantly to 229 units in 2021, grow to 243 units in 2022 and further to 261 units in 2023.
In terms of growth rate, it increased by 4.15 per cent in 2018-2019 but showed a decline of -1.49 per cent in 2020. the growth rate increased significantly to 15.66 per cent in 2021, declined to 6.11 per cent in 2022, and then picked up again to 7.41 per cent in 2023.
Overall, despite the decline in intermediate sales volume and growth rate, the sales volume and growth rate of STEINERT Eddy Current Separator has shown an overall growth between 2018 and 2023, with significant growth especially in 2021 and 2023.
Figure STEINERT Sales and Growth Rate (2018-2023)
STEINERT’s eddy current separator revenue grew from $25.62 million in 2018 to $35.35 million in 2023, showing the expansion of the company’s business.
The growth rate was 0.42% in 2018-2019, and dropped to -3.80% in 2020. The growth rate increased significantly to 21.85% in 2021, dropped to 11.70% in 2022, and rose back to 4.97% in 2023.
Figure STEINERT Revenue and Growth Rate (2018-2023)
2. Eriez Manufacturing Co. Eddy Current Separators Market Analysis
2.1 Business Overview
Established in 1942, Eriez is a global leader in separation technologies. Our commitment to innovation has positioned us as a driving market force in several key technology areas, including magnetic separation, flotation, metal detection and material handling equipment. The company’s 900+ employees are dedicated to providing trusted technical solutions to the mining, food, recycling, packaging, aggregate and other processing industries. Headquartered in Erie, Pennsylvania, USA, Eriez designs, manufactures, and markets on six continents through 12 wholly owned international subsidiaries and an extensive sales representative network.
2.2 Product Overview
Table Product Overview
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RevX-E® Eddy Current Separators Eriez’ RevX-E® Eddy Current Separators feature an eccentrically mounted magnetic rotor within a non-conductive shell for the separation of nonferrous metals. The rare earth rotor produces a powerful focused field at the end of the belt. RevX-E Eccentric Eddy Advantages: Cantilevered frame design for quick conveyor belt changes (10 minutes) Rack & pinion splitter adjustment for simple and precise splitter placement for optimum separation Large access panels all around the machine allows easy maintenance access Compact design requires less space Direct drive rotor and direct drive conveyor Sizes Offered: 1.0M (40″) wide 1.2M (48″) wide 1.5M (60″) wide Rotors Offered: LT2 Rotor Assembly: 8 Pole Rare Earth Eccentric Rotor for coarse (+1″) size fractions. ST22 Rotor Assembly: 22 Pole Rare Earth Eccentric Rotor for +1/4″ to -1″ size fractions. |
2.3 Eriez Manufacturing Co. Eddy Current Separators Market Performance
Eriez Manufacturing Co.’s eddy current separator sales increased from 137 units in 2018 to 180 units in 2023, showing an overall upward trend, especially significant growth between 2021 and 2023. The unit price was US$122.8,000/unit in 2018, dropped to US$117.7,000/unit in 2019, further dropped to US$113.3,000/unit in 2020, and then rebounded in 2021 and 2022, reaching US$121.2,000/unit in 2023. tower. Total revenue will increase from US$16.83 million in 2018 to US$21.81 million in 2023. The gross profit margin was 29.42% in 2018, rose to 30.19% in 2019, then declined, but rose back to 29.07% in 2023.
Table Eriez Manufacturing Co. Eddy Current Separators Sales, Price, Revenue, Gross Margin (2018-2023)
|
Eriez Manufacturing Co. |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Sales (Unit) |
137 |
144 |
135 |
152 |
165 |
180 |
|
Price (K USD/Unit) |
122.8 |
117.7 |
113.3 |
118.8 |
123.8 |
121.2 |
|
Revenue (M USD) |
16.83 |
16.94 |
15.29 |
18.06 |
20.43 |
21.81 |
|
Gross (M USD) |
4.95 |
5.12 |
4.50 |
5.22 |
6.10 |
6.34 |
|
Gross Margin |
29.42% |
30.19% |
29.42% |
28.90% |
29.87% |
29.07% |
Eriez Manufacturing Co.’s eddy current separator sales were 137 units in 2018, increased to 144 units in 2019, decreased to 135 units in 2020, rebounded to 152 units in 2021, continued to grow to 165 units in 2022, and increased to 180 units in 2023.
The growth rate was 5.11% in 2018-2019. The growth rate in 2020 was -6.25%. The growth rate in 2021 was 12.59%, the growth rate in 2022 was 8.55%, and the growth rate in 2023 was 9.09%.
Figure Eriez Manufacturing Co. Sales and Growth Rate (2018-2023)
Eriez Manufacturing Co.’s eddy current separator revenue grew from $16.83 million in 2018 to $21.81 million in 2023, demonstrating the expansion of the company’s business.
The growth rate was 0.70% in 2018-2019, and dropped to -9.74% in 2020. The growth rate increased significantly to 18.06% in 2021, dropped to 13.12% in 2022, and rose back to 6.76% in 2023.
Figure Eriez Manufacturing Co. Revenue and Growth Rate (2018-2023)
