The vibrating screen market witnessed a valuation of US$ 2,193.6 million in 2023 and is poised for significant growth in the coming years. Projections indicate a robust 7.1% compound annual growth rate (CAGR) over the forecast period, leading to a total market value of US$ 4,350.2 million by 2033.
The demand for elliptical vibrating screens is expected to maintain its momentum, driven by their versatility, high efficiency, and various other advantages. This segment is forecasted to experience a noteworthy 7.9% CAGR during the assessment period.
This significant surge is propelled by various factors, with a noteworthy contributor being the escalating adoption of vibrating screens crafted from polyurethane materials. Particularly acclaimed in gold, iron ore, and coal processing activities, these screens showcase efficiency in adeptly separating diverse minerals from granular materials and coarse stones. Their versatility positions them as invaluable assets in both wet and dry material processing applications, further fueling the market’s impressive trajectory.
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The increased use of vibrating screens made of polyurethane materials in gold, iron ore, and coal processing activities is expected to drive market growth. These products can separate various minerals from granular materials or coarse stones, making them suitable for both wet and dry materials.
Polyurethane screen sales are expected to increase due to their high durability in a variety of industries, including cherry-picking, iron and steel production, recycling, construction aggregate, and wood processing.
Upswing in mining processes to suffice the requirement for precious metals and hard rock minerals as well as in construction activities to build infrastructure assets is the messiah of pain points of the global vibrating screen market, suggests FMI. On the contrary, the growth trail will get hindered by tumbling mining operations on grounds of environmental amendments to curb carbon footprint and high attrition rate among miners due to on-site adversaries.
Demand for Circular Vibrating Screens in Mining Industry to See an Upturn:
Circular vibrating screens are inundating more than half of the market revenues, as per FMI’s study. The mining industry, including coal mines, and quarrying sites, is leveraging circular vibrating screens owing to their ability to classify materials with large specific gravity, large particles and great rigidity. The exciter of circular vibrating screens is mounted above the center of gravity of the screen box and the upper tip of elliptical long axis of the feeding end is positioned towards the leakage direction, which results in higher processing capacity per unit time than that of its linear counterpart.
On the flip side, the complexity of shakers and fast-rate rotation of the two shafts in linear vibrating screens imply high fueling demands. Further, the FMI’s study finds that linear vibrating screens are chiefly utilized for classification of fine particles, light weight, and low stiffness materials, making them suitable for industries such as, building materials, chemical, and pharmaceutical.
Key Players 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
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Market Segments Covered:
Product Type:
- Linear Vibrating Screens
- Circular Vibrating Screens
- Elliptical Vibrating Screens
Drive Type:
- Direct Drive
- Indirect Drive
End-use Industry:
- Construction
- Mining
- Recycling
- Others (Iron & Steel, Power, etc.)
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa