Screw Conveyors Market
Screw Conveyors Market
The market for Screw Conveyors was estimated at $6.80 billion in 2024; it is anticipated to increase to $10.9 billion by 2030, with projections indicating growth to around $16.0 billion by 2035.
Global Screw Conveyors Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Screw Conveyors market is projected to grow from $6.8 billion in 2024 to $14.8 billion in 2034. This represents a CAGR of 8.1%, reflecting rising demand across Food Processing, Chemical Processing and Bulk Material Transportation.
- The market leaders Continental Screw Conveyor Conveyor Engineering & Manufacturing and FMC Technologies drive the competitive dynamics of this industry.
- U.S. and Germany are the top markets within the Screw Conveyors market and are expected to observe the growth CAGR of 5.9% to 8.5% between 2024 and 2030.
- Emerging markets including Vietnam, South Africa and Brazil are expected to observe highest growth with CAGR ranging between 7.8% to 10.1%.
- The Screw Conveyors market will experience $1.1 billion in additional growth through 2030 because of the Transition like Automation Revolution.
- The Screw Conveyors market is set to add $8.0 billion between 2024 and 2034, with manufacturer targeting Mining & Food & Beverage Application Industry projected to gain a larger market share.
- With Technological advancements, and Rising manufacturing sector, Screw Conveyors market to expand 118% between 2024 and 2034.
Opportunities in the Screw Conveyors
The manufacturing industry is always changing due to the progress, in automation and Industry 4 technologies; hence there is a chance for screw conveyors to align with these advancements.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Technological Advancements, and Increased Demand in Agricultural Sector
Restraint: High Maintenance Costs
Opportunity: Role in the Smart Farming Revolution and Application in the Recycling Industry
Challenge: Stringent Regulatory Standards
Supply Chain Landscape
ArcelorMittal
BaoSteel
Martin Sprocket & Gear
Industrial Screw Conveyor Inc
Continental Screw Conveyor
KWS Manufacturing Company
FLSmidth & Co.
Flexicon Corporation
ArcelorMittal
BaoSteel
Martin Sprocket & Gear
Industrial Screw Conveyor Inc
Continental Screw Conveyor
KWS Manufacturing Company
FLSmidth & Co.
Flexicon Corporation