The global vibrating screen market is expected to reach US$ 1.37 billion in 2022. The market is expected to reach US$ 2.3 billion by 2029, growing at a strong 7.6% CAGR.
Future Market Insights (FMI) analyses the vibrating screen market in its latest report, which includes worldwide industry analysis 2014-2018 and opportunity assessment 2022 to 2029. The study studies the vibrating screen market and gives crucial insights for the 2019 to 2029 forecast period. According to the report, the global vibrating screen market was valued at US$ 1 billion in 2018 and is expected to grow at a CAGR of 7% between 2022 and 2029.
According to FMI, the source of the global vibrating screen market’s pain spots is an increase in mining processes to meet the need for precious metals and hard rock minerals, as well as in construction activities to create infrastructural assets. On the contrary, tumbling mining operations due to environmental changes to reduce carbon footprint and a high attrition rate among miners due to on-site enemies would stymie growth.
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Vibrating screens have been hitting the mark with innovations over the years as sieving equipment in grading and screening of the required material, which would have been otherwise impossible. FMI’s study suggests that major market players are including add-ons to the existing and new equipment for better screening efficacy and elongated life-cycle.
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.
Manufacturers showing Stauncher Inclination toward Direct Drive System
As per the FMI’ report, adoption of direct drive system in vibrating screen accounts for more than 50% of the market revenues owing to the absence of gearboxes and belts in the design, which results in lesser wear and tear between the components. The direct drive system is cost-efficient as the moving parts in the operation and framework are less complicated. For noise abatement, the direct drive system comes up with simple arrangement and lesser moving components which may vibrate during mechanism.
Furthermore, the reduced number of kinetic parts prevent easy loss of energy due to friction, enabling better efficacy, improved accuracy and increased life-cycle of the vibrating screen components. The indirect drive system, on the other hand, is subjected to friction between constituents including, gears, couplers, and pulleys, implying decreased efficiency and precision.
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Vibrating Screen Market by Category
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
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