[295 Pages Report] Sales in the global vibrating screen market are slated to top US$ 1.37 Billion in 2022. Expanding at a healthy 7.6% CAGR, the market size is projected to total US$ 2.3 Billion by 2029.
Attribute | Details |
---|---|
Vibrating Screen Market Estimated Size 2022 | US$ 1.37 Billion |
Vibrating Screen Market Value-based CAGR (2022 to 2029) | 7.6% |
Vibrating Screen Market Size in Projected 2029 | US$ 2.3 Billion |
Increasing utilization of vibrating screens made of polyurethane materials in gold, iron ore, and coal processing activities is anticipated to propel growth in the market. These products are capable of separating various minerals from granular materials or coarse stones, thus, are considered ideal for both wet and dry materials.
Polyurethane screens also have a high vibration-absorbance property, which makes these a perfect fit for numerous noise-abated operations. These screens offer a load-handling capacity of about twice that of a rubber sieve and an efficacy of around two to five times more than that of conventional screens.
Owing to their high durability, sales of polyurethane screens are likely to gain impetus in a wide range of industries such as cherry-picking, iron and steel producing, recycling, construction aggregate, and wood processing.
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Market Statistics | Details |
---|---|
H1,2021 (A) | 6.5% |
H1,2022 Projected (P) | 6.9% |
H1,2022 Outlook (O) | 6.7% |
BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 24 ↑ |
BPS Change : H1,2022 (O) - H1,2021 (A) | (-) 21 ↓ |
Future Market Insights estimated a comparison analysis for the Vibrating Screen market. The global market is predicted to be driven by an increase in mining activities to meet the increased demand for rare-earth minerals and coal.
According to FMI analysis, the change between the BPS points in the Vibrating Screen market in H1, 2022 - Outlook over H1, 2022 Projected a gain of 24 points. Notably, compared to H1, 2021, the market is expected to lose 21 BPS points in H1 -2022.
One of the key reasons for a responsible increase in Y-O-Y is Sales of polyurethane vibrating screens are expected to increase as a result of their great durability in a variety of industries, including cherry-picking, and the production of iron and steel, recycling, building aggregate, and wood processing.
Many major players are switching to huck-bolted screens in place of the traditional nuts and bolts to ensure the safety of the employees. By combining the sliders and front chutes, they are even doing away with the need for lifting equipment. As a result, it not only enables simple access but also fluid screen movements.
Focus on innovations is at its peak in the vibrating screen market. Manufacturers are integrating state-of-the-art technologies to ascertain greater efficiency.
For instance, focus on developing ultrafine vibrating screens featuring a collective assembly of up to ten separate screen decks, as well as a feed splitter box is expected to bolster the sales in this vibrating screen market.
These new innovations are expected to aid in the accurate distribution of feed across the deck. At the same time, these are likely to lower the initial capital investment, enhance the overall efficiency, and eliminate the need for bigger pumps, such as hydro-cyclones.
Besides this, the integration of hydro-cyclone feed pumps with vibrating screens in a 2-phase classification circuit enables better operational Return on Investment (ROI). Thus, various manufacturers are striving to develop state-of-the-art products to consolidate higher percentage of share within the market.
They also have \started adopting polyurethane and steel-reinforced rubber for the manufacturing of these screens to prevent vibrations from occurring at the side plates. Additionally, they are including self-tensioned motor-bases to shield both the drive belts and electric motor from the high tension cause due to vibrations.
To ensure workforce safety, many key players are replacing the conventional nuts and bolts with huck-bolted screens. They are even eliminating the requirement of lifting tools by pairing the sliders with the front chutes. It is thus not only providing an easy access but also allowing smooth movements of the screen.
Spurred by aforementioned developments, the vibrating screen market is expected to register 7.6% CAGR between 2022 and 2029, up from 3.8% CAGR recorded during 2014-2021.
Availability of a wide variety of vibrating screens as per the requirements of end users is expected to fuel the growth in this market. Numerous factors, such as the moisture content, type of material, shape of particles, and the amount of undersized and oversized material govern the capacity of these screens.
These screens have screwless fastening system, which makes the replacement process easy and quick. Low susceptibility and high durability of these products are projected to spur their demand in the upcoming years.
Besides this, the need for low maintenance and availability of customized products are set to drive the market in the forthcoming years. Additionally, numerous companies are set to come up with diversified product portfolios to cater to the high unmet demand from customers, which would accelerate the growth.
The rising number of mining activities to cater to the high demand for rare-earth minerals and coal is anticipated to drive the market in India. The South Asia vibrating screen market is projected to hold approximately 11.5% of the market share in 2022, as per FMI.
The booming construction industry, rapid urbanization, and higher cement consumption are some of the other significant factors expected to accelerate the India market. As per the Government of India’s Bureau of Energy Efficiency, at present, India produces 298 million tons of cement per annum and by 2030, this number of set to surge by 800 million tons. This inevitably presents a conducive environment for sales of vibrating screens in India.
According to the India Brand Equity Foundation (IBEF), the air conditioner market in India stood at US$ 3.1 billion in the first quarter of 2018. This number is likely to rise in the near future, thereby creating new growth opportunities in this country. This will create scope for application within India’s electronics sector.
The U.S. is anticipated to showcase a steady growth on the back of increasing demand for the private ownership of residential areas. According to FMI, North America vibrating screen market is estimated to procure about 14.1% of the market share in 2022.
Residential areas in this country require the filtering of unwanted materials from the cement and gravel before the beginning of construction works. The U.S. Department of Housing and Urban Development, for instance, mentioned that in November 2021, around 1,282,000 housings were completed, whereas about 1,679,000 housing construction started in the country.
This presents attractive prospects for vibrating screen sales within the U.S., a trend which is expected to continue through the course of the assessment period.
The U.K. market is expected to exhibit a considerable growth in the near future stoked by the increasing availability of various industrial minerals, metals, and fossil fuels. Europe vibrating screen market is likely to account for 12.8% of the total market share in 2022, states FMI.
According to the British Geological Survey, in 2019, around 196.6 million tons of minerals were extracted from the U.K. landmass. It contained about 2.2 million tons of coal, 129.3 million tons of crushed rocks, 55 million tons of construction minerals, and 8.2 million tons of industrial minerals.
In addition to the mining of coal, the country also houses a large reserve of oil & gas that is set to be explored during the forecast period. This factor is anticipated to drive the market in the U.K.
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Based on product type, circular vibrating screens are estimated to account for the lion’s share in the upcoming years. These screens are capable of classifying various materials with great rigidity, large particles, and high gravity.
Hence, they are extensively used in quarrying sites and coal mines. Circular screens are primarily mounted at the center of the gravity of the screen box, while the upper tip of the elliptical long axis is placed towards the direction of the leakage. This mechanism helps in providing higher processing capacity per unit time.
By drive type, direct drive is set to gain traction during the assessment period as it does not contain belts and gearboxes. It also results in very low wear and tear between the components.
Apart from this, the absence of complex moving parts in the operation and framework makes it relatively cost-effective. The direct drive type also consumes less energy because of the lower number of kinetic parts, thereby enabling increased life-cycle, high accuracy, and better efficacy of the screens.
In terms of end-use industry, mining is expected to remain at the forefront owing to the high demand for dry vibrating screens from this sector. As per FMI, the mining segment is projected to account for around 37% of the market share in 2022.
Dry screens are available in a wide range of sizes, configurations, and versions. These are also easy to maintain during mining activities as most of their major components are computer generated. Also, these are best suited for numerous screen media, including bolted screen panels, cross tensioned screen cloths, and modular panels.
Most of the key players present in the vibrating screen market are focusing on mergers and acquisitions to expand their geographic presence and gain a competitive edge. Meanwhile, some of the other players are updating their existing product portfolios and adding innovative screens to keep up with the high consumer demand and generate more sales.
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Attribute | Details |
---|---|
Forecast Period | 2014 to 2021 |
Historical Data Available for | 2022 to 2029 |
Market Analysis | Units for Volume and US$ Bn for Value |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; and the Middle East & Africa. |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others. |
Key Market Segments Covered | Product Type, Drive Type, End-use Industry, and Region |
Key Companies Profiled | Terex Corporation; Haulotte Group; Oshkosh Corporation; Linamar Corporation; Tadano Ltd; Aichi Corporation; MEC Aerial Work Platforms; Palfinger AG; Hunan Sinoboom Heavy Industries Co. Ltd.; Zheijiang Dingli Machinery Co. Ltd.; Manitou Group; Mantall Heavy Industry Co. Ltd.; Nobleleift Intelligent Equipment Co. Ltd.; IMER International SpA; J C Bamford Excavators Limited |
Pricing | Available upon Request |
The vibrating screen market was valued at US$ 1.37 billion in 2022.
The market is projected to grow at a 7.6% CAGR through 2029.
The increasing use of polyurethane screens for gold, iron ore, and coal processing is boosting the market.
In H1 2022, the market had projected growth of 6.9%, compared to 6.5% in H1 2021.
The increase in mining activities and demand for rare-earth minerals are key growth drivers.
Circular screens offer an efficient classification of materials and high processing capacity.
The direct drive offers low wear, low energy consumption, and easy maintenance, driving its popularity.
1. Executive Summary
1.1. Global Market Overview
1.2. Global Market Outlook
1.3. Demand Side Trends
1.4. Supply Side Trends
1.5. Market Approach & Strategy
1.6. Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definition & Consideration
2.3. Market Specific Definition
2.4. Criteria for Choosing Aerial Work Platforms
2.5. Value Chain Analysis
3. Key Trends
3.1. Key Trends Impacting the Global Aerial Work Platforms Market
3.2. Patent Analysis
3.2.1. Scissor Lifts
3.2.2. Boom Lifts
3.3. Aerial Work Platforms Market: Regulations
3.4. New Products
4. Key Success Strategies
4.1. Key Success Strategies
5. Market Background
5.1. Aerial Work Platforms: Installed Base
5.2. Aerial Work Platforms: Cost Structure
5.3. Macroeconomic Analysis
5.3.1. Global Population Overview
5.3.2. Real GDP Growth
5.3.3. Global GDP
5.3.4. Construction & Mining Industry
5.3.5. Industry-Value Added
6. Market Dynamics
6.1. Drivers
6.2. Other Market Supporting Factors
6.3. Restraints
6.4. Other Market Restraining Factors
6.5. Trends
6.6. Opportunity
6.7. PEST Analysis
6.8. Porters Five Forces Analysis
6.9. Forecast Factors: Relevance & Impact
6.10. Market Participants Review
6.11. FMI Recommendations
6.12. Changing Landscape
7. Global Aerial Work Platforms Market Analysis (2014-2021) & Forecast (2022-2029)
7.1. Market Overview
7.2. Market Introduction
7.3. Historical & Recent Market Data and Forecast
7.3.1. Market Value and Volume Analysis
7.3.2. Y-o-Y Growth Trend Analysis
7.3.3. Absolute $ Opportunity Analysis
7.4. Average Pricing Analysis - 2021
8. Global Aerial Work Platforms Market Analysis By Product Type
8.1. Introduction
8.1.1. Market Value Share Analysis By Product Type
8.1.2. Y-o-Y Growth Analysis By Product Type
8.2. Historical Market Size and Volume Analysis By Product Type 2014–2021
8.3. Market Size and Volume Forecast By Product Type 2022–2029
8.3.1. Scissor Lifts
8.3.2. Boom Lifts
8.3.3. Other AWP’s
8.4. Market Attractiveness Analysis By Product Type
9. Global Aerial Work Platforms Market Analysis By Ownership
9.1. Introduction
9.1.1. Market Value Share Analysis By Ownership
9.1.2. Y-o-Y Growth Analysis By Ownership
9.2. Historical Market Size and Volume Analysis By Ownership 2014–2021
9.3. Market Size and Volume Forecast By Ownership 2022–2029
9.3.1. Rental Service Providers
9.3.2. End Use Industries
9.3.2.1. Construction
9.3.2.2. Entertainment
9.3.2.3. Commercial
9.3.2.4. Manufacturing
9.3.2.5. Others (Public Administration, Agriculture, etc.)
9.4. Market Attractiveness Analysis By Ownership
10. Global Aerial Work Platforms Market Analysis By Region
10.1. Introduction
10.1.1. Market Value Share Analysis By Region
10.1.2. Y-o-Y Growth Analysis By Region
10.2. Historical Market Size and Volume Analysis By Region 2014–2021
10.3. Market Size and Volume Forecast By Region 2022–2029
10.3.1. North America
10.3.2. Europe
10.3.3. MEA
10.3.4. East Asia
10.3.5. South Asia
10.3.6. Oceania
10.3.7. Latin America
10.4. Market Attractiveness Analysis By Region
11. North America Aerial Work Platforms Market Analysis
11.1. Introduction
11.2. Pricing Analysis
11.3. Historical Market Size and Volume Analysis By Market Segments, 2014–2021
11.4. Market Size and Volume Forecast By Market Segments, 2022–2029
11.4.1. By Country
11.4.1.1. U.S.
11.4.1.2. Canada
11.4.2. By Product Type
11.4.3. By Ownership
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Product Type
11.5.3. By Ownership
11.6. Market Trends
11.7. Key Market Participants – Intensity Mapping
11.8. Drivers and Restraints – Impact Analysis
12. Latin America Aerial Work Platforms Market Analysis
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size and Volume Analysis By Market Segments, 2014–2021
12.4. Market Size and Volume Forecast By Market Segments, 2022–2029
12.4.1. By Country
12.4.1.1. Brazil
12.4.1.2. Mexico
12.4.1.3. Rest of Latin America
12.4.2. By Product Type
12.4.3. By Ownership
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Product Type
12.5.3. By Ownership
12.6. Market Trends
12.7. Key Market Participants – Intensity Mapping
12.8. Drivers and Restraints – Impact Analysis
13. Europe Aerial Work Platforms Market Analysis
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size and Volume Analysis By Market Segments, 2014–2021
13.4. Market Size and Volume Forecast By Market Segments, 2022–2029
13.4.1. By Country
13.4.1.1. Germany
13.4.1.2. U.K.
13.4.1.3. France
13.4.1.4. Italy
13.4.1.5. Spain
13.4.1.6. Nordic
13.4.1.7. Poland
13.4.1.8. Russia
13.4.1.9. Rest of Europe
13.4.2. By Product Type
13.4.3. By Ownership
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Product Type
13.5.3. By Ownership
13.6. Market Trends
13.7. Key Market Participants – Intensity Mapping
13.8. Drivers and Restraints – Impact Analysis
14. MEA Aerial Work Platforms Market Analysis
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size and Volume Analysis By Market Segments, 2014–2021
14.4. Market Size and Volume Forecast By Market Segments, 2022–2029
14.4.1. By Country
14.4.1.1. GCC Countries
14.4.1.2. Turkey
14.4.1.3. North Africa
14.4.1.4. South Africa
14.4.1.5. Rest of MEA
14.4.2. By Product Type
14.4.3. By Ownership
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Product Type
14.5.3. By Ownership
14.6. Market Trends
14.7. Key Market Participants – Intensity Mapping
14.8. Drivers and Restraints – Impact Analysis
15. South Asia Aerial Work Platforms Market Analysis
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size and Volume Analysis By Market Segments, 2014–2021
15.4. Market Size and Volume Forecast By Market Segments, 2022–2029
15.4.1. By Country
15.4.1.1. ASEAN
15.4.1.2. India
15.4.1.3. Rest of South Asia
15.4.2. By Product Type
15.4.3. By Ownership
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product Type
15.5.3. By Ownership
15.6. Market Trends
15.7. Key Market Participants – Intensity Mapping
15.8. Drivers and Restraints – Impact Analysis
16. East Asia Aerial Work Platforms Market Analysis
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size and Volume Analysis By Market Segments, 2014–2021
16.4. Market Size and Volume Forecast By Market Segments, 2022–2029
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.2. By Product Type
16.4.3. By Ownership
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product Type
16.5.3. By Ownership
16.6. Market Trends
16.7. Key Market Participants – Intensity Mapping
16.8. Drivers and Restraints – Impact Analysis
17. Oceania Aerial Work Platforms Market Analysis
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size and Volume Analysis By Market Segments, 2014–2021
17.4. Market Size and Volume Forecast By Market Segments, 2022–2029
17.4.1. By Country
17.4.1.1. Australia
17.4.1.2. New Zealand
17.4.2. By Product Type
17.4.3. By Ownership
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product Type
17.5.3. By Ownership
17.6. Market Trends
17.7. Key Market Participants – Intensity Mapping
17.8. Drivers and Restraints – Impact Analysis
18. Market Structure Analysis
18.1. Competition Development
18.2. Key Players – Market Positioning
18.3. Key Players – Market Footprint
18.4. Regional Tier Structure Analysis
18.5. Global Tier Structure Analysis
18.6. Global Aerial Work Platforms Market Value Share Analysis by Companies
19. Competition Analysis
19.1. Competition Dashboard
19.2. Competition Deep Dive
19.2.1. Terex Corporation
19.2.1.1. Overview
19.2.1.2. Product Portfolio
19.2.1.3. Production Footprint
19.2.1.4. Sales Footprint
19.2.1.5. Strategy
19.2.1.5.1. Marketing Strategy
19.2.1.5.2. Product Strategy
19.2.1.5.3. Channel Strategy
19.2.2. Haulotte Group
19.2.2.1. Overview
19.2.2.2. Product Portfolio
19.2.2.3. Production Footprint
19.2.2.4. Sales Footprint
19.2.2.5. Strategy
19.2.2.5.1. Marketing Strategy
19.2.2.5.2. Product Strategy
19.2.2.5.3. Channel Strategy
19.2.3. Oshkosh Corporation
19.2.3.1. Overview
19.2.3.2. Product Portfolio
19.2.3.3. Production Footprint
19.2.3.4. Sales Footprint
19.2.3.5. Strategy
19.2.3.5.1. Marketing Strategy
19.2.3.5.2. Product Strategy
19.2.3.5.3. Channel Strategy
19.2.4. Linamar Corporation
19.2.4.1. Overview
19.2.4.2. Product Portfolio
19.2.4.3. Production Footprint
19.2.4.4. Sales Footprint
19.2.4.5. Strategy
19.2.4.5.1. Marketing Strategy
19.2.4.5.2. Product Strategy
19.2.4.5.3. Channel Strategy
19.2.5. Tadano Ltd
19.2.5.1. Overview
19.2.5.2. Product Portfolio
19.2.5.3. Production Footprint
19.2.5.4. Sales Footprint
19.2.5.5. Strategy
19.2.5.5.1. Marketing Strategy
19.2.5.5.2. Product Strategy
19.2.5.5.3. Channel Strategy
19.2.6. Aichi Corporation
19.2.6.1. Overview
19.2.6.2. Product Portfolio
19.2.6.3. Production Footprint
19.2.6.4. Sales Footprint
19.2.6.5. Strategy
19.2.6.5.1. Marketing Strategy
19.2.6.5.2. Product Strategy
19.2.6.5.3. Channel Strategy
19.2.7. MEC Aerial Work Platforms
19.2.7.1. Overview
19.2.7.2. Product Portfolio
19.2.7.3. Production Footprint
19.2.7.4. Sales Footprint
19.2.7.5. Strategy
19.2.7.5.1. Marketing Strategy
19.2.7.5.2. Product Strategy
19.2.7.5.3. Channel Strategy
19.2.8. Palfinger AG
19.2.8.1. Overview
19.2.8.2. Product Portfolio
19.2.8.3. Production Footprint
19.2.8.4. Sales Footprint
19.2.8.5. Strategy
19.2.8.5.1. Marketing Strategy
19.2.8.5.2. Product Strategy
19.2.8.5.3. Channel Strategy
19.2.9. Hunan Sinoboom Heavy Industries Co. Ltd.
19.2.9.1. Overview
19.2.9.2. Product Portfolio
19.2.9.3. Production Footprint
19.2.9.4. Sales Footprint
19.2.9.5. Strategy
19.2.9.5.1. Marketing Strategy
19.2.9.5.2. Product Strategy
19.2.9.5.3. Channel Strategy
19.2.10. Zheijiang Dingli Machinery Co. Ltd.
19.2.10.1. Overview
19.2.10.2. Product Portfolio
19.2.10.3. Production Footprint
19.2.10.4. Sales Footprint
19.2.10.5. Strategy
19.2.10.5.1. Marketing Strategy
19.2.10.5.2. Product Strategy
19.2.10.5.3. Channel Strategy
19.2.11. Manitou Group
19.2.11.1. Overview
19.2.11.2. Product Portfolio
19.2.11.3. Production Footprint
19.2.11.4. Sales Footprint
19.2.11.5. Strategy
19.2.11.5.1. Marketing Strategy
19.2.11.5.2. Product Strategy
19.2.11.5.3. Channel Strategy
19.2.12. Mantall Heavy Industry Co. Ltd.
19.2.12.1. Overview
19.2.12.2. Product Portfolio
19.2.12.3. Production Footprint
19.2.12.4. Sales Footprint
19.2.12.5. Strategy
19.2.12.5.1. Marketing Strategy
19.2.12.5.2. Product Strategy
19.2.12.5.3. Channel Strategy
19.2.13. Nobleleift Intelligent Equipment Co. Ltd.
19.2.13.1. Overview
19.2.13.2. Product Portfolio
19.2.13.3. Production Footprint
19.2.13.4. Sales Footprint
19.2.13.5. Strategy
19.2.13.5.1. Marketing Strategy
19.2.13.5.2. Product Strategy
19.2.13.5.3. Channel Strategy
19.2.14. IMER International SpA
19.2.14.1. Overview
19.2.14.2. Product Portfolio
19.2.14.3. Production Footprint
19.2.14.4. Sales Footprint
19.2.14.5. Strategy
19.2.14.5.1. Marketing Strategy
19.2.14.5.2. Product Strategy
19.2.14.5.3. Channel Strategy
19.2.15. J C Bamford Excavators Limited
19.2.15.1. Overview
19.2.15.2. Product Portfolio
19.2.15.3. Production Footprint
19.2.15.4. Sales Footprint
19.2.15.5. Strategy
19.2.15.5.1. Marketing Strategy
19.2.15.5.2. Product Strategy
19.2.15.5.3. Channel Strategy
20. Research Methodology
21. Assumption & Acronyms
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