Screening Equipment Market

Screening Equipment Market Outlook (2024 to 2034)

The global screening equipment market is projected to reach a size of US$ 7.43 billion in 2024. The market has been forecasted to climb to a value of US$ 12.82 billion by the end of 2034, expanding at a CAGR of 5.6% between 2024 and 2034).

Machinery used in mechanical screening procedures that separates one substance/material from another is known as screening equipment. Screening equipment is used to filter raw materials from a quarry or crusher into even finer grades, bringing them closer to a finished product, as the second step in the material handling process.

Key Market Growth Drivers

• Screening tools can function independently, depending on the application. However, a full-circuit system is produced when screening equipment and a crusher are combined. A smooth material handling process is created by the interaction of these systems.
• Demand for screening equipment is being driven by an increase in infrastructure and construction projects, including building construction and other industrial uses. An increase in urban population with high living standards around the world is supporting this expansion, thus setting screening equipment market trends.
• A whole-circuit system is the most efficient approach to mining and sorting resources to make something that can be sold in the market, even though screens are employed without crushers. Machines for full-circuit or single screening might be inclining or flat-designed.
• Global usage of screening equipment continues to be significantly influenced by expansion in the construction and mining industries.
• Many regulatory bodies are also making considerable investments in global infrastructure and technological advancements. These are a few of the key elements that are projected to boost screening equipment market growth during the forecast period.
• There is a greater need for product development, for which, existing companies are focusing on R&D for creating improved products. This has also opened the door for new market entrants as well.
• There is also a positive trend in equipment purchases as several smaller market players enter the fragmented aggregate industry.
• Customization has become an important factor in product development that is meant for screening purposes.

Report Attribute	Detail
Screening Equipment Market Size (2024E)	US$ 7.43 Billion
Projected Market Value (2034F)	US$ 12.82 Billion
Global Market Growth Rate (2024 to 2034)	5.6% CAGR
Western Europe Market Growth Rate (2024 to 2034)	5.5% CAGR
North America Market Share (2024E)	29.1%
Mining Segment Value (2024E)	US$ 1.96 Billion
Sales of Wet Screening Equipment (2034F)	US$ 4.93 Billion
Key Companies Profiled	Terex Corporation; The Weir Group PLC; Sandvik AB; NAWA Engineers & Consultants (P) Ltd.; Fredrik Mogensen AB; Vulcan Industries Inc.; Haver Niagara GmbH; Hillenbrand Inc. (Rotex); Derrick Corporation; SMICO Manufacturing Inc.; Volvo Construction Equipment; FLSmidth & Co. A/S; Eagle Crusher Company, Inc.; Metso Outotec Corporation; Deere & Company (Kleemann GmbH); McCloskey International Ltd.,; Screen Machines Industries; Rubble Master Hmh GmbH; ThyssenKrupp AG; Kleemann GmbH.

What are the Key Challenges Faced by Screening Equipment Manufacturers?

“Carbon Emissions Associated with Screening Equipment and High Capital Requirement”

The market for screening equipment can be severely impacted by several reasons, such as high capital requirements, an uncoordinated supply chain, and production lead times that cause deliveries to be delayed, among others. Other problems that are influencing the market growth include the need for qualified workers to operate the equipment and the extensive maintenance intervals the equipment necessitates, which can have an impact on the processes it is integrated with.

Mobile crushing and screening machines are known to be critical assets that require advanced maintenance procedures to keep businesses running smoothly. Furthermore, carbon emissions are a major factor that is expected to pose a significant challenge to the expansion of the screening equipment market size.

Country-wise Insights

North America is expected to hold 29.1% of the global market share in 2024. In Europe and North America, the construction industry has been slowing in recent years, but globalization and increased investments in the construction industry are fueling its growth.

The construction industry in these regions has a lot of innovation potential, leading to advancements in market capabilities and the use of the latest mobile crushing and screening machines.

What are the Opportunities for Manufacturers of Screening Equipment in the United States?

“High Demand for Advanced Screening Devices”

Attribute	United States
Market Value (2024E)	US$ 1.72 Billion
Growth Rate (2024 to 2034)	5.4% CAGR
Projected Value (2034F)	US$ 2.9 Billion

The United States is estimated to account for a screening equipment market share of 85.4% in North America in 2024. The United States is expected to have a significant market for screening, crushing, and mineral processing equipment. Some of the factors driving the crushing, screening, and mineral processing equipment market in the country include the growth of the construction and mining industries, the adoption of automation technology, technological advancements in equipment design, demand for recycled materials, and rising demand for construction materials.

Why is Demand for Screening Equipment Rising Fast in Germany?

“High Number of Building Repair and Maintenance Projects”

Attribute	Germany
Market Value (2024E)	US$ 336.1 Million
Growth Rate (2024 to 2034)	5.5% CAGR
Projected Value (2034F)	US$ 576 Million

Germany is set to account for 17.8% of the Western Europe market share in 2024 as the country is expected to facilitate the export of military equipment and security technology sharing, with India, in line with international, European, and national rules. Such instances are expected to positively impact the security screening of the defense sector in the region. The market in the country is expected to grow at a steady pace in Western Europe over the forecast period, driven by an increase in building repair and maintenance and a growing construction industry.

Category-wise Insights

The market for screening equipment is categorized into wet and dry screening equipment of which the latter is set to hold 61.6% market share in 2024.

What are the Advantages That Make Dry Screening Equipment the Preferred Choice?

“Dry Screening Prevents Peeling and Flaking of Top Coat”

Attribute	Dry Screening Equipment
Segment Value (2024E)	US$ 4.58 Billion
Growth Rate (2024 to 2034)	5.6% CAGR
Projected Value (2034F)	US$ 7.88 Billion

Dry screening lightly abrades the surface of the existing finish, leaving an ideal texture for new finish layers to adhere to. This is critical for ensuring the top coat's longevity and durability, as it prevents peeling and flaking with time. The process removes minor imperfections and evens out the existing finish. This produces a more uniform surface, which, when recoated, has a smoother and more aesthetically pleasing finish. Compared to traditional sanding methods, dry screening produces significantly less dust. This not only makes cleanup easier but also helps to maintain good air quality in your home during the refinishing process.

Dry screening is faster than complete sanding and refinishing. It saves time because dry screening equipment does not require completely removing the existing finish. Furthermore, because it also requires less extensive cleanup and has a faster turnaround time, it is a less expensive option for floor maintenance. Regular maintenance, such as dry screening, can significantly extend the life of hardwood floors. Floors are better protected and can retain their beauty for many years if they are cleaned and refinished regularly.

Which End-use Industry Accounts for Usage of Screening Equipment?

“Extensive Use of Screening Equipment in Mining”

Attribute	Mining
Segment Value (2024E)	US$ 1.96 Billion
Growth Rate (2024 to 2034)	5.5% CAGR
Projected Value (2034F)	US$ 3.35 Billion

The mining sector is poised to account for 26.4% of the global market share in 2024. The mining sector is cyclic. Against the backdrop of a growing global economy, it tends to grow at a steady pace. It is anticipated that developing nations such as India and China will experience a major increase in demand for resources such as iron ore, copper, and coal. The market for screening equipment is expected to be driven by this throughout the forecast period. Another factor influencing the market is the quick rise in mining activities worldwide.

Competitive Landscape

Key players in the screening equipment market are investing in research & development activities. The most frequently used tactic by the participants to generate high demand in this industry is to add modifications, upgrades, and innovations to the existing screening equipment.

• Epiroc completed its acquisition of AARD Mining Equipment, a South African mining equipment producer, in April 2023. AARD, a South African company based near Johannesburg, specializes in low-profile underground machinery for mines with low mining heights. AARD also creates, manufactures, maintains, and supports a diverse line of mining equipment.
• Kleemann GmbH, a construction equipment manufacturer based in Germany, introduced a mobicone, MCO 90 EVO2 crusher in June 2021. The machine appears to be a high-performance machine designed for use by mining and quarrying companies, with a feeding capacity of 270 t/h and intelligent overload systems. Introduction of this new crusher suggests that there may be an increasing demand for crushing and screening equipment that can handle large volumes of material while operating efficiently in harsh conditions.

Fact.MR provides detailed information about the price points of leading manufacturers of screening equipment positioned across the world, sales growth, production capacity, and technological advancements, in this recently updated market report.

Segmentation of Screening Equipment Market Research

• By Type :

  • Wet
  • Dry

• By Product :

  • Screen Panels
  • Trommel Screens
  • Gyratory Equipment
  • Vibratory Equipment

• By End Use :

  • Oil & Gas
  • Construction
  • Industrial
  • Mining
  • Agriculture

• By Region :

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa