Registering a year-on-year growth of 3.7%, the global screw conveyor market is forecast to reach US$ 884.2 million by the end of 2022. Overall screw conveyor sales are slated to increase at a CAGR of 4.8% between 2022 and 2032, exceeding US$ 1,416.3 million by 2032.
Rising penetration of automation across diverse industries coupled with increasing demand for advanced conveying and material handling equipment is a crucial factor providing impetus to the expansion of screw conveyor industry.
Screw conveyors, also called auger conveyors, are innovative equipment employed to transport or move bulk materials, especially liquid and granular materials, from one part of the process to another. The primary function of a screw conveyor is to push materials.
Screw conveyors are employed in many bulk handling industries to convey materials discharged from centrifuges, mixers, or filter presses. The use of a screw conveyor enables the end users to improve the production quality as well as the packaging rate by incorporating innovative and integrated technologies. They significantly reduce costs, minimize need for extra laborers, and increase overall productivity.
Rising demand for food products due to population growth and changing eating habits is expected to positively influence screw conveyor sales during the forecast period. Screw conveyors are being increasingly employed in food and beverage facilities to mix raw materials
and transport them from one point in the process to another within a sealed, dust-tight system. This equipment ensures the safe and quick movement of raw ingredients throughout the manufacturing process.
Similarly, increasing usage across pharmaceutical, agriculture, chemical, and mining & metallurgy sectors will generate demand for screw conveyors during the assessment period.
Another prominent factor that will create lucrative opportunities for screw conveyor manufacturers is the development and popularity of energy-efficient and inexpensive screw conveyors.
The current perspective in manufacturing is moving towards a circular economy. In the manufacturing process, a material handling facility consumes a significant amount of energy, which can be optimized by a screw conveyor system while also enhancing productivity. It will make the process more economical and efficient.
Lighting, heating, cooling, machine drives, and peak-time operations are key areas where energy consumption needs to be optimized. End-use industries are increasingly focusing on reducing energy costs with efficient processes.
In response to this requirement, manufacturers of screw conveyor systems are introducing energy-efficient systems that are more effective in terms of energy reduction. For instance, key manufacturers are developing screw conveyor systems with advanced properties and custom designs that can reduce energy consumption by 15 to 20%.
The ecosystem of industrial automation has emerged as a prospering domain, supplying automated machinery to almost all the end-use industries, including chemical, food and beverage, and pharmaceutical. Automation of bulk material handling systems is beginning to emerge as a global trend in the screw conveyor market.
FMI has identified Europe to hold a prominent value share in the market whereas North America & East Asia are expected to create futuristic opportunities with a considerable growth rate. North America is expected to hold around 1/4th of the value share in the global screw conveyor industry.
| Attributes | Key Insights |
|---|---|
| Screw Conveyor Market Base Value (2021A) | US$ 852.6 million |
| Estimated Market Value (2022E) | US$ 884.2 million |
| Projected Market Value (2032F) | US$ 1,416.3 million |
| Value CAGR (2022 to 2032) | 4.8% |
| Collective Value Share: Top 3 Countries (2022E) | 38.0% |
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The global demand for screw conveyors increased at a CAGR of about 2.0% from 2017 to 2021. However, according to Future Market Insights, the overall market for screw conveyors is expected to expand at 4.8% CAGR through 2032.
Rising demand for bulk material conveying equipment from industries such as food & beverage, mining & metallurgy, pharmaceutical, agriculture, etc. is expected to drive the global screw conveyor industry swiftly during the forecast period.
Similarly, rapid industrialization, increasing mining activities across the globe, and growing demand for processed food products, construction materials, and pharmaceuticals will boost screw conveyor sales over the projection period.
Increasing demand for automated systems to enhance overall productivity across manufacturing industries is expected to act as a catalyst triggering growth in the global screw conveyor industry. Another factor that is likely to facilitate market expansion is the reduction in product prices.
Booming Agriculture and Food Sectors to Facilitate Screw Conveyor Sales through 2032
Nowadays, the agriculture industry is booming due to the growing demand for food products. The growing population and awareness about good eating habits are responsible for the shift towards healthy foods.
The rising demand for screw conveyors stems from their ability to handle this demand. Subsequently, rising consumption of grains, cereals, and fruits is supporting the need for advanced equipment such as screw conveyors to meet the needs of the growing population.
Screw conveyors are widely used in food processing facilities to convey ingredients while in agriculture they are employed for handling grains.
Key screw conveyor companies are increasingly designing novel screw conveyors that meet the sanitation standards set by regulatory organizations such as the Food and Drug Administration (FDA) and the U.S. Department of Agriculture (USDA). All these features are responsible for screw conveyors gaining a wider market share among other conveyor systems.
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Robust Growth of Pharmaceutical and Food & Beverage Sectors Boosting Sales in the USA
According to Future Market Insights, North America’s screw conveyor market is expected to progress at 4.5% CAGR between 2022 and 2032, with the USA leading from the forefront. The USA currently holds around 2/3rd share of North America market and it is predicted to expand by 1.5x through 2032 when compared to 2022.
Growth in the USA screw conveyor market is driven by rapid expansion of pharmaceutical and food & beverage industries along with increasing penetration of automation in these sectors.
In the United States of America, the breakneck growth of the food & beverages and pharmaceutical industries is creating a widespread demand for screw conveyors and the trend is expected to further escalate during the assessment period.
The food & beverage industry is an essential part of the United States of America’s economy. With rising disposable income and changing lifestyles and eating habits, there has been a dramatic increase in demand for processed food products across the USA. This has prompted food manufacturing and processing companies to employ advanced technologies such as screw conveyors in their facilities. Driven by this, screw conveyor sales will continue to shoot up across the country.
Strong Presence of Manufacturing Industries Propelling Screw Conveyor Demand in Germany
Germany is anticipated to hold about 35% value share of Europe market during the forecast period. Total screw conveyor demand in the country is expected to increase at 4.5% CAGR between 2022 and 2032, as per FMI’s latest analysis.
Germany has numerous manufacturing industries, such as food & beverage, automobile, electronics, mining & metallurgy, which require material transporting equipment like screw conveyors on a large scale for speeding up the processes and smooth functioning. Hence, expansion of these industries will ultimately generate high demand for screw conveyors, thereby making Germany a profitable market for screw conveyor manufacturing companies.
Horizontal Screw Conveyor to Remain Highly Sought-After among Manufacturers
Based on product type, the horizontal screw conveyor segment is expected to create an absolute $ opportunity of US$ 208.5 million between 2022 and 2032. This is attributed to rising adoption of horizontal screw conveyors across diverse industries such as mining, agriculture, and other industries.
Horizontal screw conveyors are known for their high speed and ability to do the job continually at a very high rate. Hence, they are increasingly used in applications requiring repetitive where operations.
Horizontal screw conveyors find applications in food and beverages, manufacturing, construction and mining, agriculture, and several other industries due to their ability to convey bulk materials from one part of a process to another efficiently. They make tedious daily operations easy and help end users increase output efficiency.
Significant Screw Conveyor Sales to Remain Concentrated in Food & Beverage Sector
According to Future Market Insights, in terms of value, more than 1/4th of the global market for screw conveyors is held by food and beverages industry. This sector is expanding rapidly due to increasing demand for processed food and high population growth.
Rising adoption of automation in food and beverage industry to reduce labor costs and increase efficiency and productivity is a key factor boosting screw conveyor sales globally. Several food manufacturing and processing companies today use screw conveyors to efficiently mix and move semi-solid materials such as food waste, animal feed, meat, and cereal grains.
Growing consumption of processed food products worldwide along with increasing need for improving productivity is expected to create lucrative opportunities in the food & beverage sector. On the other hand, the mining and metallurgy segment is expected to generate an absolute $ potential of more than US$ 88.9 million between 2022 and 2032.
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Leading screw conveyor manufacturers are investing significantly to expand their production capacities to increase their revenue and gain competitive edge. They are highly focused on providing solutions integrated with the internet of things specifically for process monitoring, preventive maintenance, and lights-out production capability.
Leading players are also adopting strategies such as partnerships, mergers, acquisitions, collaborations, and mergers to expand their global presence and increase revenues. For instance,
| Attributes | Details |
|---|---|
| Estimated Market Size (2022) | US$ 884.2 million |
| Projected Market Size (2032) | US$ 1,416.3 million |
| Anticipated Growth Rate (2022 to 2032) | 4.8% CAGR |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | US$ Million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia Pacific; and The Middle East & Africa |
| Key Countries Covered | USA, Canada, Mexico, Brazil, Germany, Italy, France, United Kingdom, Spain, NORDICS, RUSSIA, China, Japan, South Korea, India, ASEAN, Australia and New Zealand, Türkiye, South Africa, Gulf Co-operation Council Countries, Northern Africa. |
| Key Segments Covered | Product Type, Rotation Capacity, End Use, and Region |
| Key Companies Profiled | Vac-U-Max, Inc.; Anders Pedersen Maskin- & Specialfabrik A/S; Industrial Screw Conveyors Inc.; Wamgroup Spa.; DEMECH India; SPIRAC Engineering Pty Ltd; KWS Manufacturing Company Ltd.; Martin Sprocket & Gear Inc.; Plåt & Spiralteknik I Torsås Ab; Flexicon Corporation; Screw Conveyor Corporation; Orthman Manufacturing Inc.; BEUMER Group GmbH & Co. KG; Vecoplan AG; Spirotech Group Ltd.; Köllemann GmbH; PRAB, Inc.; Thomas & Muller Systems Ltd; Others |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threat Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The global screw conveyor market size is expected to total US$ 884.2 million in 2022.
Total screw conveyor demand is expected to rise at 4.8% during the forecast period from 2022 to 2032.
Martin Sprocket & Gear, Inc., BEUMER Group GmbH & Co. KG, Flexicon Corporation, Screw Conveyor Corporation, Vecoplan AG, KWS Manufacturing Company Ltd., and others are the key market players, collectively accounting for 10% to 15% of the global market share.
China’s screw conveyor market is expected to accelerate at 5.2% CAGR between 2022 to 2032, reaching a total valuation of US$ 183.3 million by the end of 2032.
Food and beverages industry is expected to account for around 1/4th of the total market share during the forecast period.
1. Executive Summary | Screw Conveyor Market 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USP’s / Features 4.3. Strategic Promotional Strategies 5. Global Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032 5.1. Historical Market Volume (Units) Analysis, 2017 to 2021 5.2. Current and Future Market Volume (Units) Projections, 2022 to 2032 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis By Product Type 6.2. Global Average Pricing Analysis Benchmark 7. Global Demand (in Value or Size in US$ Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032 7.1. Historical Market Value (US$ Million) Analysis, 2017 to 2021 7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. Global Economic Growth Outlook 8.1.2. Real GDP Growth 8.1.3. Manufacturing, value added by Key Countries 8.1.4. Industry Value Added by key Countries 8.1.5. Growth of Pharmaceutical and Healthcare Sectors 8.1.6. Global Food and Beverages Industry Overview 8.1.7. Global Chemical Industry Outlook 8.1.8. Global Mining Industry Overview 8.2. Forecast Factors - Relevance & Impact 8.2.1. GDP Growth 8.2.2. Growth in Production Capacities 8.2.3. End Use Industry and Global Manufacturing Activity Outlook 8.2.4. Competitive Intensity 8.2.5. Inorganic Growth Activities 8.2.6. COVID-19 8.2.7. Impact 8.3. Value Chain 8.3.1. List of Manufacturers 8.4. COVID-19 Crisis – Impact Assessment 8.4.1. Current Statistics 8.4.2. Short-Mid-Long Term Outlook 8.4.3. Likely Rebound 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 9. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Million) and Volume Analysis By Product Type, 2017 to 2021 9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Product Type, 2022 to 2032 9.3.1. Horizontal 9.3.2. Inclined 9.3.3. Vertical 9.3.4. Shafted 9.3.5. Shaft-less 9.4. Market Attractiveness Analysis By Product Type 10. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Rotation Capacity 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Million) and Volume Analysis By Rotation Capacity, 2017 to 2021 10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Rotation Capacity, 2022 to 2032 10.3.1. Less than 45 RPM 10.3.2. 45-105 RPM 10.3.3. 105-165 RPM 10.3.4. Greater than 165 RPM 10.4. Market Attractiveness Analysis By Rotation Capacity 11. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Million) and Volume Analysis By End Use, 2017 to 2021 11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End Use, 2022 to 2032 11.3.1. Mining and Metallurgy 11.3.2. Agriculture 11.3.3. Food and Beverage 11.3.4. Chemical 11.3.5. Pharmaceutical 11.3.6. Others 11.4. Market Attractiveness Analysis By End Use 12. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2017 to 2021 12.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2022 to 2032 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia and the Pacific 12.3.6. The Middle East and Africa (Middle East & Africa) 12.4. Market Attractiveness Analysis By Region 13. North America Analysis 2017 to 2021 and Forecast 2022 to 2032 13.1. Introduction 13.2. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 13.3. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 13.3.1. By Country 13.3.1.1. USA 13.3.1.2. Canada 13.3.2. By Product Type 13.3.3. By Rotation Capacity 13.3.4. By End Use 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Product Type 13.4.3. By Rotation Capacity 13.4.4. By End Use 14. Latin America Analysis 2017 to 2021 and Forecast 2022 to 2032 14.1. Introduction 14.2. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 14.3. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Rest of Latin America 14.3.2. By Product Type 14.3.3. By Rotation Capacity 14.3.4. By End Use 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Product Type 14.4.3. By Rotation Capacity 14.4.4. By End Use 15. Europe Analysis 2017 to 2021 and Forecast 2022 to 2032 15.1. Introduction 15.2. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 15.3. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. The United Kingdom 15.3.1.5. Spain 15.3.1.6. BENELUX 15.3.1.7. Russia 15.3.1.8. Rest of Europe 15.3.2. By Product Type 15.3.3. By Rotation Capacity 15.3.4. By End Use 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Product Type 15.4.3. By Rotation Capacity 15.4.4. By End Use 16. East Asia Analysis 2017 to 2021 and Forecast 2022 to 2032 16.1. Introduction 16.2. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 16.3. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 16.3.1. By Country 16.3.1.1. China 16.3.1.2. Japan 16.3.1.3. South Korea 16.3.2. By Product Type 16.3.3. By Rotation Capacity 16.3.4. By End Use 16.4. Market Attractiveness Analysis 16.4.1. By Country 16.4.2. By Product Type 16.4.3. By Rotation Capacity 16.4.4. By End Use 17. South Asia and Pacific Analysis 2017 to 2021 and Forecast 2022 to 2032 17.1. Introduction 17.2. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 17.3. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 17.3.1. By Country 17.3.1.1. India 17.3.1.2. ASEAN 17.3.1.3. Oceania 17.3.1.4. Rest of South Asia & Pacific 17.3.2. By Product Type 17.3.3. By Rotation Capacity 17.3.4. By End Use 17.4. Market Attractiveness Analysis 17.4.1. By Country 17.4.2. By Product Type 17.4.3. By Rotation Capacity 17.4.4. By End Use 18. Middle East and Africa Analysis 2017 to 2021 and Forecast 2022 to 2032 18.1. Introduction 18.2. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 18.3. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 18.3.1. By Country 18.3.1.1. GCC Countries 18.3.1.2. Turkey 18.3.1.3. Northern Africa 18.3.1.4. South Africa 18.3.1.5. Rest of the Middle East and Africa 18.3.2. By Product Type 18.3.3. By Rotation Capacity 18.3.4. By End Use 18.4. Market Attractiveness Analysis 18.4.1. By Country 18.4.2. By Product Type 18.4.3. By Rotation Capacity 18.4.4. By End Use 19. Country Wise Analysis 2022 19.1.1. Introduction 19.1.2. Market Value Proportion Analysis, By Key Countries 19.1.3. Global Vs. Country Growth Comparison 19.2. USA Market Analysis 19.2.1. By Product Type 19.2.2. By Rotation Capacity 19.2.3. By End Use 19.3. Canada Market Analysis 19.3.1. By Product Type 19.3.2. By Rotation Capacity 19.3.3. By End Use 19.4. Mexico Market Analysis 19.4.1. By Product Type 19.4.2. By Rotation Capacity 19.4.3. By End Use 19.5. Brazil Market Analysis 19.5.1. By Product Type 19.5.2. By Rotation Capacity 19.5.3. By End Use 19.6. Germany Market Analysis 19.6.1. By Product Type 19.6.2. By Rotation Capacity 19.6.3. By End Use 19.7. Italy Market Analysis 19.7.1. By Product Type 19.7.2. By Rotation Capacity 19.7.3. By End Use 19.8. France Market Analysis 19.8.1. By Product Type 19.8.2. By Rotation Capacity 19.8.3. By End Use 19.9. United Kingdom Market Analysis 19.9.1. By Product Type 19.9.2. By Rotation Capacity 19.9.3. By End Use 19.10. Spain Market Analysis 19.10.1. By Product Type 19.10.2. By Rotation Capacity 19.10.3. By End Use 19.11. BENELUX Market Analysis 19.11.1. By Product Type 19.11.2. By Rotation Capacity 19.11.3. By End Use 19.12. Russia Market Analysis 19.12.1. By Product Type 19.12.2. By Rotation Capacity 19.12.3. By End Use 19.13. China Market Analysis 19.13.1. By Product Type 19.13.2. By Rotation Capacity 19.13.3. By End Use 19.14. Japan Market Analysis 19.14.1. By Product Type 19.14.2. By Rotation Capacity 19.14.3. By End Use 19.15. S. Korea Market Analysis 19.15.1. By Product Type 19.15.2. By Rotation Capacity 19.15.3. By End Use 19.16. India Market Analysis 19.16.1. By Product Type 19.16.2. By Rotation Capacity 19.16.3. By End Use 19.17. ASEAN Market Analysis 19.17.1. By Product Type 19.17.2. By Rotation Capacity 19.17.3. By End Use 19.18. Oceania Market Analysis 19.18.1. By Product Type 19.18.2. By Rotation Capacity 19.18.3. By End Use 19.19. GCC Countries Market Analysis 19.19.1. By Product Type 19.19.2. By Rotation Capacity 19.19.3. By End Use 19.20. Türkiye Market Analysis 19.20.1. By Product Type 19.20.2. By Rotation Capacity 19.20.3. By End Use 19.21. Northern Africa Market Analysis 19.21.1. By Product Type 19.21.2. By Rotation Capacity 19.21.3. By End Use 19.22. South Africa Market Analysis 19.22.1. By Product Type 19.22.2. By Rotation Capacity 19.22.3. By End Use 20. Market Structure Analysis 20.1. Analysis by Tier of Companies 20.2. Market Share Analysis of Top Players 21. Competition Analysis 21.1. Competition Dashboard 21.2. Competition Benchmarking 21.3. Competition Deep Dive 21.3.1. Vac-U-Max, Inc. 21.3.1.1. Overview 21.3.1.2. Product Portfolio 21.3.1.3. Key Financials by Market Segments (Product Type/Rotation Capacity/End Use/Region) 21.3.1.4. Sales Footprint 21.3.1.5. Strategy Overview 21.3.2. Anders Pedersen Maskin- & Specialfabrik A/S 21.3.3. Industrial Inc. 21.3.4. Wamgroup Spa. 21.3.5. DEMECH India 21.3.6. SPIRAC Engineering Pty Ltd 21.3.7. KWS Manufacturing Company Ltd. 21.3.8. Martin Sprocket & Gear Inc. 21.3.9. Plåt & Spiralteknik I Torsås Ab 21.3.10. Flexicon Corporation 21.3.11. Corporation 21.3.12. Orthman Manufacturing Inc. 21.3.13. BEUMER Group GmbH & Co. KG 21.3.14. Vecoplan AG 21.3.15. Spirotech Group Ltd. 21.3.16. Köllemann GmbH 21.3.17. PRAB, Inc. 21.3.18. Kase Custom Conveyors 21.3.19. Thomas & Muller Systems Ltd 21.3.20. Conveyors, Inc. 22. Assumptions and Acronyms Used 23. Research Methodology
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Screw Conveyor Market
