"Increasing Application in Construction industry is increasing the Demand for Vibrating Screen Market"
Globally, the vibrating screen market is expected to grow with a CAGR of 8.2% during the forecast period from 2019 to 2027, starting from 2018. However, the market is expected to reach a market value of US$ 2.25 Bn in 2027. The vibrating screen are defined as a device which is made with a screening surface vibrated mechanically at high speeds and which is used for screening coal, ore, or other fine dry materials including crops. These devices allow the user to separate the particles or the crops based on size and requirement.
Vibrating screens have various applications in agriculture, construction and mining, recycling, and others for separation and quality maintenance process. These devices are mostly used in construction industry for maintain the quality of the material by separating unwanted particles. Increasing urbanization is one of the major factors for the growth of the vibrating screen market globally. Various advantages such as fast and easy replacement, high availability and low maintenance, durability and low susceptibility drive the adoption of vibrating screens across the industrial sectors.
Market Synopsis
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"Vibrating Screen with Construction its End-Use Segment Continue Dominating the Market"
In 2018, the overall vibrating screen market was led by the construction industry by contributing more than 1/4th of the market share of the total revenue generated globally. The construction segment uses the vibrating screen for separating the unwanted material or the granular particles from the material to increase the quality of the final product. These systems reduce the labor work and increase time and saves cost for the construction company. Additionally, the rising construction industry is growing globally at a moderate rate, which is also driving the growth of the market.
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"Asia-Pacific Dominates the Market by Region"
The global vibrating screen market was led by Asia-pacific by holding a market share of over 33% in 2018. The regional market growth is attributed to heavy investments made by the various international and local companies in the region. Additionally, urbanization is an important factor for the growth of the market in the region as continuous development of infrastructure is going on in the region which is a major driver for the market in the. Moreover, the rapid development in industrial sectors in countries such as India, China, Japan and others are also contributing in the growth of the market.
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Some of the prominent players operating in the vibrating screen market includes Metso Corporation, Osborn Engineered Products Sa (Pty) Ltd., Schenck Process Holding GmbH, Terex Corporation, IFE Aufbereitungstechnik GmbH, McLanahan Corporation, JÖST GmbH + Co. KG, Carrier Vibrating Equipment, Inc., Vibramech (Pty) Ltd., Aury Australia Pty Ltd., Sinfonia Technology Co., Ltd and Elgin Equipment Group.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The vibrating screen market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global vibrating screen market based on product type, end-use, drive type, and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2018-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Product Type Segment (2017–2027; US$ Bn)
• Linear Vibrating Screen
• Circular Vibrating Screen
• Elliptical Vibrating Screen
|
|
Drive Type Segment (2017–2027; US$ Bn)
• Direct Drive
• Indirect Drive
|
|
End Use Segment (2017–2027; US$ Bn)
• Mining
• Construction
• Recycling
• Agriculture
• Others
|
|
Geography Segment (2017–2027; US$ Bn)
• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, France, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America)
|
Key questions answered in this report
- What was the market size of vibrating screen in 2018 and forecast up to 2027?
- Which is the largest regional market for construction in end-use?
- What are the major trends followed in vibrating screen market across different regions?
- Who is the key vibrating screen companies leading the market?
- What are the key strategies adopted by the leading vibrating screen companies in market?
Unique data points of this report
- Statistics on vibrating screen penetration and spending worldwide
- Recent trends across different regions in terms of adoption of vibrating screen for various end-use.
- Notable developments going on in vibrating screen market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
