Global Screening Equipment Market Overview:
As per MRFR analysis, the Screening Equipment Market Size was estimated at 27.87 (USD Billion) in 2022. The Screening Equipment Market Industry is expected to grow from 29.26 (USD Billion) in 2023 to 45.3 (USD Billion) by 2032. The Screening Equipment Market CAGR (growth rate) is expected to be around 4.97% during the forecast period (2024 - 2032).
Key Screening Equipment Market Trends Highlighted
The Screening Equipment Market is expanding rapidly due to key drivers such as the booming mining and construction sectors, increasing demand for improved material handling, and stringent environmental regulations. As industries strive for enhanced efficiency and productivity, the adoption of advanced screening technologies is surging, presenting significant opportunities for market growth.
Recent trends in the screening equipment market include the integration of automation and smart technologies, promoting remote monitoring, and optimizing performance. Moreover, the rising preference for sustainable and eco-friendly solutions is driving the demand for energy-efficient and environmentally friendly screening equipment. The market is also witnessing a shift towards modular and portable designs for greater versatility and ease of transportation.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Screening Equipment Market Drivers
Adoption of Advanced Technologies in Screening Equipment
The increasing demand for high-quality and efficient screening processes in various industries is driving the adoption of advanced technologies in screening equipment. These technologies include artificial intelligence (AI), machine learning (ML), and automation, which enable screening equipment to perform tasks with greater accuracy, precision, and speed. For instance, AI-powered screening equipment can analyze product characteristics and adjust screening parameters in real time, optimizing the screening process. This integration of advanced technologies enhances the overall productivity and profitability of screening operations, making it a key market driver for the Screening Equipment Market Industry.
Rising Demand for Screening Equipment in Mining and Construction
The mining and construction industries are major end-users of screening equipment. The growing demand for minerals, metals, and construction materials is fueling the need for efficient and reliable screening equipment. Screening equipment is used to separate valuable materials from waste, ensuring the quality and consistency of end products. Furthermore, the increasing adoption of automated and semi-automated screening systems in these industries is contributing to the growth of the Screening Equipment Market Industry.
Increasing Focus on Environmental Sustainability
The growing emphasis on environmental sustainability is driving the demand for screening equipment that can effectively manage waste and recyclables. Screening equipment plays a crucial role in segregating recyclable materials from waste, reducing the environmental impact of industrial operations. As governments and organizations prioritize sustainable practices, the demand for screening equipment that meets these requirements is expected to rise, contributing to the growth of the Screening Equipment Market Industry.
Screening Equipment Market Segment Insights:
Screening Equipment Market Function Insights
The Screening Equipment Market is segmented based on function into Screening, Scalping, De-watering, and De-sanding. Among these segments, Screening holds the largest market share. The Screening segment is expected to grow at a CAGR of 5.2% during the forecast period, reaching a market size of USD 24.83 billion by 2030. Screening is a process that separates materials based on their size and shape. Screening equipment is used in various industries, including mining, construction, agriculture, and food processing. The growth of the Screening segment can be attributed to the increasing demand for screening equipment in the mining industry.
Mining companies are increasingly using screening equipment to separate valuable minerals from waste materials. The growth of the Screening segment is also being driven by the increasing demand for screening equipment in the construction industry. Construction companies are using screening equipment to separate different sizes of aggregate for use in road construction and other applications.
The Scalping segment is the second largest segment in the Screening Equipment Market. The Scalping segment is expected to grow at a CAGR of 4.9% during the forecast period, reaching a market size of USD 14.56 billion by 2030. Scalping is a process that separates large materials from smaller materials. Scalping equipment is used in various industries, including mining, quarrying, and recycling. The growth of the Scalping segment can be attributed to the increasing demand for scalping equipment in the mining industry. Mining companies are increasingly using scalping equipment to separate large rocks from valuable minerals. The growth of the Scalping segment is also being driven by the increasing demand for scalping equipment in the quarrying industry. Quarrying companies are using scalping equipment to separate large rocks from smaller rocks for construction and other applications.
The De-watering segment is the third largest segment in the Screening Equipment Market. The De-watering segment is expected to grow at a CAGR of 4.7% during the forecast period, reaching a market size of USD 10.29 billion by 2030. De-watering is a process that removes water from materials. De-watering equipment is used in various industries, including mining, construction, and agriculture. The growth of the De-watering segment can be attributed to the increasing demand for de-watering equipment in the mining industry. Mining companies are increasingly using de-watering equipment to remove water from mined materials.
The growth of the De-watering segment is also being driven by the increasing demand for de-watering equipment in the construction industry. Construction companies are using de-watering equipment to remove water from construction sites. The De-sanding segment is the smallest in the Screening Equipment Market. The De-sanding segment is expected to grow at a CAGR of 4.6% during the forecast period, reaching a market size of USD 5.62 billion by 2030. De-sanding is a process that removes sand from materials. De-sanding equipment is used in various industries, including mining, construction, and agriculture. The growth of the De-sanding segment can be attributed to the increasing demand for de-sanding equipment in the mining industry. Mining companies are increasingly using de-sanding equipment to remove sand from mined materials. The growth of the De-sanding segment is also being driven by the increasing demand for de-sanding equipment in the construction industry. Construction companies are using de-sanding equipment to remove sand from construction sites.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Screening Equipment Market Operation Type Insights
The Screening Equipment Market is segmented by Operation Type into Fixed, Mobile, and Portable. The Fixed segment is expected to hold the largest market share in 2023, accounting for over 45% of the global market revenue. The Mobile segment is expected to grow at the highest CAGR during the forecast period 2023-2032, owing to the increasing demand for mobile screening equipment in the construction and mining industries. The Portable segment is expected to hold a significant market share during the forecast period, owing to its growing adoption in small-scale mining and construction projects.
Screening Equipment Market Component Insights
The components segment of the Screening Equipment Market is expected to grow significantly in the coming years, driven by increasing demand for more efficient and productive screening solutions in various industries. The screens segment is expected to hold the largest market share, with a significant contribution to the overall revenue. This growth is attributed to the rising demand for screens with improved durability, accuracy, and efficiency in applications such as mining, construction, and agriculture.
The frames segment is also expected to witness substantial growth, owing to the increasing adoption of heavy-duty frames for heavy-material screening applications. The conveyor segment is projected to have a steady growth rate, driven by the growing need for efficient material handling and transportation in various industries. The drives segment is expected to contribute significantly to market growth, with the rising demand for variable-speed drives and energy-efficient motors to optimize screening operations.
Screening Equipment Market Industry Insights
The Screening Equipment Market is expected to witness significant growth owing to the increasing demand from various industries. Mining, construction, recycling, and waste management are the major industries that utilize screening equipment. The mining industry holds a substantial share of the market, employing screening equipment for ore processing and mineral extraction.
The construction industry also contributes significantly to the market growth, as screening equipment is essential for aggregate processing and site preparation. Recycling and Food Waste Management industries are experiencing a growing demand for screening equipment due to the increasing focus on sustainability and waste reduction. These industries utilize screening equipment to separate recyclables from waste, enabling efficient waste management and resource recovery. The rising demand from these industries is expected to drive the growth of the screening equipment market in the coming years.
Screening Equipment Market Feed Material Insights
The Feed Material segment is a crucial part of the Screening Equipment Market, encompassing a wide range of materials processed by screening equipment. Among these, ores and minerals hold a significant share, driven by the growing demand for raw materials in various industries such as construction, automotive, and electronics. In 2023, the ores and minerals segment accounted for approximately 39.3% of the Screening Equipment Market revenue, and this dominance is projected to continue in the coming years.
Aggregates, primarily used in construction applications, constitute another substantial segment, contributing around 26.1% to the market revenue in 2023. The waste segment, including municipal solid waste and industrial waste, is gaining traction due to increasing environmental concerns and waste management regulations. This segment is anticipated to grow at a steady pace, presenting opportunities for screening equipment manufacturers.
Screening Equipment Market Regional Insights
The Screening Equipment Market is segmented into North America, Europe, APAC, South America, and MEA. The North American region dominated the market in 2023 and is expected to maintain its dominance throughout the forecast period. The growth of the North American market can be attributed to the increasing demand for screening equipment in various industries, including mining, construction, and food processing.
The European market is expected to witness steady growth during the forecast period, driven by the growing adoption of screening equipment in the recycling and waste management industries. The APAC market is expected to register the highest growth rate during the forecast period, owing to the increasing demand for screening equipment in the mining and construction industries. The South American and MEA markets are expected to witness moderate growth during the forecast period, driven by the increasing investment in infrastructure development.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Screening Equipment Market Key Players And Competitive Insights:
Major players in Screening Equipment Market industry are constantly striving to gain a competitive edge by investing in research and development, strategic partnerships, and acquisitions. Leading Screening Equipment Market players are focusing on expanding their product portfolios, improving operational efficiency, and strengthening their global presence.
The Screening Equipment Market development is driven by technological advancements, increasing demand for efficient screening solutions, and growing awareness of environmental regulations. Competitive Landscape in Screening Equipment Market is characterized by the presence of established players as well as emerging entrants. Some of the notable players include Metso Outotec, FLSmidth, Sandvik, Komatsu, and Terex. These companies are engaged in intense competition to maintain their market share and gain a competitive edge.
A competitor in the Screening Equipment Market industry is Metso Outotec. The company focuses on providing sustainable and innovative solutions for the mining and aggregates industries. Metso Outotec offers a wide range of screening equipment, including vibrating screens, trommel screens, and grizzly feeders. The company has a strong global presence with manufacturing facilities in various countries. Additionally, Metso Outotec invests heavily in research and development to enhance its product offerings and improve operational efficiency.
Another competitor in the Screening Equipment Market industry is FLSmidth. The company provides a comprehensive range of screening equipment, including vibrating screens, trommel screens, and centrifugal screens. FLSmidth has a global presence with manufacturing facilities in various countries. The company focuses on delivering high-quality screening solutions that meet the specific needs of customers. Additionally, FLSmidth emphasizes sustainability and innovation to reduce the environmental impact of its operations and products.
Key Companies in the Screening Equipment Market Include:
- Russell Finex.
- CECO Environmental.
- Mogensen GmbH Co.
- Haver Boecker OHG.
- Binder+Co AG.
- Verder Liquids.
- SWECO.
- Donaldson Company, Inc.
- McCrory Engineering, Inc.
- Terex Corporation.
- Rotex Global LLC.
- Great Western Manufacturing Co., Inc.
- Derrick Corporation.
- Kason Corporation.
Screening Equipment Market Industry Developments
The Screening Equipment Market is projected to reach USD 45.3 billion by 2032, exhibiting a CAGR of 4.97% during the forecast period. Rising demand for screening equipment in the mining, construction, and recycling industries is driving market growth. Technological advancements, such as the integration of automation and IoT, are enhancing the efficiency and productivity of screening equipment. Key market players are focusing on strategic partnerships, acquisitions, and product launches to expand their global footprint and cater to the growing demand.
Recent developments include the launch of a new range of mobile screening plants by Metso Outotec and the acquisition of McCloskey International by Epiroc, strengthening their product portfolios and market presence.
Screening Equipment Market Segmentation Insights
-
Screening Equipment Market Function Outlook
- Screening
- Scalping
- De-watering
- De-sanding
-
Screening Equipment Market Operation Type Outlook
-
Screening Equipment Market Component Outlook
- Screens
- Frames
- Conveyors
- Drives
-
Screening Equipment Market Industry Outlook
- Mining
- Construction
- Recycling
- Waste Management
-
Screening Equipment Market Feed Material Outlook
- Ores
- Minerals
- Aggregates
- Waste
-
Screening Equipment Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
27.87 (USD Billion) |
| Market Size 2023 |
29.26 (USD Billion) |
| Market Size 2032 |
45.3 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
4.97% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Russell Finex., CECO Environmental., Mogensen GmbH Co., Haver Boecker OHG. , Binder+Co AG., Verder Liquids., SWECO., Donaldson Company, Inc., McCrory Engineering, Inc., Terex Corporation., Rotex Global LLC., Great Western Manufacturing Co., Inc., Derrick Corporation., Kason Corporation. |
| Segments Covered |
Function, Operation Type, Component, Industry, Feed Material, Regional |
| Key Market Opportunities |
1 Digitalization and automation2 Mining sector expansion3 Growing demand in waste management4 Infrastructure development5 Sustainable screening solutions |
| Key Market Dynamics |
1 Rising demand for efficient Screening in mining and aggregate industries2 Technological advancements in screening equipment3 Increasing use of automated screening systems4 Growing environmental regulations5 Expansion into emerging markets |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Screening Equipment Market size was valued at USD 29.26 billion in 2023 and is projected to grow at a CAGR of 4.97% from 2023 to 2032, reaching USD 45.3 billion by 2032.
The key regions in the Screening Equipment Market are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is the largest region, accounting for a significant share of the market in 2023, followed by Europe and Asia-Pacific.
The Screening Equipment Market is projected to grow at a CAGR of 4.97% from 2024 to 2032.
Screening equipment is used in a wide range of applications, including mining, construction, agriculture, and food processing. In mining, screening equipment is used to separate valuable minerals from waste materials. In construction, screening equipment is used to separate different sizes of rocks and gravel for use in road construction and other projects. In agriculture, screening equipment is used to separate crops from chaff and other debris. In food processing, screening equipment is used to separate different sizes of food products, such as fruits, vegetables, and nuts.
The key competitors in the Screening Equipment Market include FLSmidth, Metso Outotec, Sandvik, Terex, and Komatsu. These companies offer a wide range of screening equipment, including vibrating screens, trommel screens, and grizzly screens.
Key trends in the Screening Equipment Market include the increasing demand for screening equipment in developing countries, the growing adoption of automation and digital technologies, and the development of new screening technologies, such as high-frequency screens and ultrasonic screens.
Challenges facing the Screening Equipment Market include the fluctuating prices of raw materials, the increasing cost of labor, and the stringent environmental regulations.
Opportunities for growth in the Screening Equipment Market include the growing demand for screening equipment in emerging markets, the increasing adoption of automation and digital technologies, and the development of new screening technologies.
Key factors driving the growth of the Screening Equipment Market include the increasing demand for screening equipment in mining, construction, agriculture, and food processing, the growing adoption of automation and digital technologies, and the development of new screening technologies.
Key challenges facing the Screening Equipment Market include the fluctuating prices of raw materials, the increasing cost of labor, and the stringent environmental regulations.
