Americas Vibrating Screen Market to Grow at a CAGR of 7.2% to reach US$ 3,031.60 million from 2022 to 2030
The Americas vibrating screen market size is projected to grow from US$ 1,736.25 million in 2022 to US$ 3,031.60 million by 2030; it is estimated to record a CAGR of 7.2% from 2022 to 2030.
Analyst Perspective:
The Americas, especially North America, have a robust industrial base, including mining, building, manufacturing, and oil & gas industries. Americas vibrating screen market expansion needed in these sectors for material processing, separation, and sorting. North America’s topography encourages specialization and growth in the industrial sector in the region. For instance, the name Pittsburgh Steelers is inspired by the region around Pittsburgh and Lake Erie, which is rich in iron resources that support the production of steel. In South America, textile production grew and is now a regional specialty in many places which may offer opportunities for the Americas vibrating screen market growth. Industrial growth in the Mid-Atlantic states is powered by coal from Appalachia. The economic divide between North and South America is further widened by the regional specialization that is based on topographic conditions and the reliance of the southern continent on agriculture. As a result, the North American region is projected to offer promising growth opportunities for the Americas vibrating screen market.
Market Overview:
Vibrating screens vibrate with a small amplitude, keep the material stirring, and prevent binding. These screens are used in sectors that require great capacity and efficiency. Vibrations can be produced mechanically or electrically at frequencies ranging from 1,800 to 3,600 or more per minute. Mechanical vibrations are typically carried from high speeds eccentric to the casing and then to the screens, vibrating the entire assembly. Mechanically vibrating screens and electrically vibrating screens are the two types of screens available in Americas vibrating screen market.
Americas vibrating screen market size witnessing the growing demand for vibrating screen from the mining industry; they play a crucial role in extracting and processing minerals. These screens are extensively used in this sector for sorting, separating, and grading ores and minerals based on their size and composition. Americas vibrating screen market is also growing due to the rise in demand for vibrating screen from construction sites. It is used in various applications, such as separating aggregates, removing impurities, and grading materials. The agriculture sector has adopted vibrating screens for grain and crop sorting, cleaning, and grading. Vibrating screens assist in efficiently separating and cleaning grains, enhancing the quality of agricultural produce. With the growing demand for high-quality agricultural products, the adoption of vibrating screens in the agriculture sector has gained momentum which is contributing to expand the Americas vibrating screen market share.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Americas Vibrating Screen Market: Strategic Insights
Market Size Value in US$ 1,736.25 million in 2022 Market Size Value by US$ 3,031.60 million by 2030 Growth rate CAGR of 7.2% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Americas Vibrating Screen Market: Strategic Insights
Market Size Value in | US$ 1,736.25 million in 2022 |
Market Size Value by | US$ 3,031.60 million by 2030 |
Growth rate | CAGR of 7.2% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystMarket Driver
Rapid Pace of Industrialization
The US has experienced rapid urbanization in the past. In 1790, ~5% of the US population lived in urban areas. At the end of the Civil War (1865), as the concept of industrialization began to diffuse across the continent, ~20% of the US population lived in cities. By 1920, more people lived in cities than in rural areas. Today, over 80% of people in the US live in cities. Rapid urbanization provided a stimulus for industrialization in the country. The need for vibrating screens is surging with the ongoing industrialization, coupled with the expansion of various industries. Vibrating screens are essential for ensuring the efficient and safe processing of materials. Thus, the growing industrialization is driving the Americas vibrating screen market growth.
Segmental Analysis:
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The Americas vibrating screen market is sub-segmented into Linear Vibrating Screen, Circular Vibrating Screen, and Sifter. Linear vibrating screens are designed to maintain steady vibrations, achieved by two vibratory motors installed on both sides, with the added benefit of a clamping system, which can easily clean the residues and mesh left behind in the machine. These machines are suitable for industries that need to deal with raw materials that are dry, wet, abrasive, and sticky. They can offer optimum output with precise and accurate gradations. The linear design of these machines offers relatively higher malleability and free flow of the material, thereby enabling effective screening. As a linear vibrating screen offers accurate gradation results, preserving the material from contamination ensures that the product remains in its optimum quality. The Americas vibrating screen market is witnessing a rapid trend of automation, with most of the processes being automated and longer-lasting wear parts. Automation makes maintenance and cleaning of this machine considerably easier.- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Regional Analysis:
The Americas vibrating screen market growth is mainly attributed to the increasing demand for vibrating screens in the mining, construction, and aggregate industries. The mining industry in North America is one of the major end users of vibrating screens. Vibrating screens are used in the mining industry for separating ores, classifying materials, and cleaning aggregates, among other applications. The demand for mineral resources is increasing notably in the region, which is likely to be met by the existing and upcoming mining projects. For instance, the Kennecott Copper Project, owned by Rio Tinto, is a silver mine located in Utah, US, which is expected to operate until 2032. The Sierrita Mine is a silver mine located in Arizona, US, owned by Freeport-McMoRan. This brownfield project produced ~36.65 million metric ton in 2022. Thus, the growing mining industry is expected to increase the Americas vibrating screen market share.
The construction industry is another major end user of Americas vibrating screen market. In this industry, vibrating screens are used for separating aggregates, screening concrete, cleaning sand, etc. Countries in the region highly focus on infrastructure development, and several projects are ongoing in the region. California’s huge high-speed rail project is the first of its kind in the US. The 800-mile high-speed rail network has 24 stations, and with the highest speed of 220 miles per hour, the trains over this network would reach San Francisco from Los Angeles within 2 hours and 40 minutes. The aggregates industry is another major end user of vibrating screens in North America, wherein these screens are used in applications such as aggregate separation, sand screening, and gravel cleaning. The use of vibrating screens in the aggregates industry is increasing with the rising demand for aggregates in the construction industry in North America. Moreover, the use of advanced technologies such as AI in vibrating screens is driving the vibrating screen market growth.
Key Player Analysis:
The key Americas vibrating screen market players include Derrick Corporation, Deister Machine Company Inc, Elgin Power and Separation Solutions, McLanahan Corporation, Southwest Milling and Industrial Company, Terex Corporation, General Kinematics Corporation, FLSmidth, PPM Technologies Holdings LLC, and Eriez Manufacturing Co. Various other companies are also operating in the Americas vibrating screen market, and they are coming up with advanced technologies and offerings to contribute to the Americas vibrating screen market proliferation. These additional companies have been studied and analyzed during this research study to get a holistic view of the Americas vibrating screen market ecosystem.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the Americas vibrating screen market. A few recent developments by key Americas vibrating screen market players are listed below:
- In 2023, McLanahan Corporation set to return to Las Vegas in 2023 for CONEXPO with first-time equipment displays alongside their entire family of companies—including Eagle Iron Works, Anaconda, and RubbleCrusher (first-time exhibitor).
- In 2023, Goonvean Aggregates selected McLanahan Corporation as a partner for its new sand washing plant that comprises an UltraWASH Modular Wash Plant, UltraSAND Plant, and 10m EcoCycle High-Rate Thickener. The McLanahan plant is currently being commissioned at Goonvean’s Melbur site in Cornwall.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Driving Method, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Brazil is anticipated to grow with the highest CAGR over the forecast period.
The US held the largest market share in 2022, followed by Argentina.
The new multi vibrating screen feature is driven at four different points, one on each side, front and back, resulting in an optimum stress distribution in the side walls.
The key players, holding majority shares, in predictive maintenance market includes Derrick Corporation; Deister Machine Company, Inc.; Elgin Power and Separation Solutions; McLanahan Corporation; Southwest Milling and Industrial Company.
The Americas vibrating screen market was estimated to be US$ 1,736.25 million in the year 2022 and is expected to grow at a CAGR of 7.2%, during the forecast period 2022 - 2030.
The Americas, especially North America, have a robust industrial base, including mining, building, manufacturing, and oil & gas industries. Vibrating screens are needed in these sectors for material processing, separation, and sorting. North America's topography encourages specialization and growth in the industrial sector in the region.
The List of Companies - Americas Vibrating Screen Market
- Ppm Technologies Holdings LLC
- Derrick Corp
- Deister Machine Company Inc
- TerraSource Global Corp
- McLanahan Corp
- Southwest Milling and Industrial Co
- Terex Corp
- General Kinematics Corp
- FLSmidth AS
- Eriez Manufacturing Co