According to the report by Expert Market Research (EMR), the global vibratory screed market size is projected to grow at a CAGR of 5.10% between 2023 and 2028. Aided by the rapid pace of urbanisation and the expanding applications of vibratory screed in various construction activities, the market is expected to grow significantly by 2028.
Vibratory screeds are versatile construction tools primarily used for levelling and smoothing fresh concrete surfaces, promoting both efficiency and quality. These devices play a significant role in ensuring uniform flatness and consolidating concrete, which is critical in the construction of floors, roads, bridges, and other structures. Apart from their pivotal role in construction, vibratory screeds are also lauded for their user-friendly design, high precision, and low maintenance requirements.
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The global vibratory screed market growth is strongly influenced by the burgeoning urbanisation globally. As cities continue to grow, the demand for modern infrastructure such as commercial buildings, residential complexes, roads, and bridges, has increased exponentially. This rise in construction activities has, in turn, escalated the demand for efficient and effective construction tools like vibratory screeds, thereby driving market growth.
Moreover, vibratory screeds are becoming increasingly popular due to their broad array of applications in the construction industry, aiding the vibratory screed market development. In road construction, these tools are indispensable for creating smooth, drivable surfaces. In the construction of residential and commercial buildings, vibratory screeds are used to lay out foundations and construct floors, ensuring a high level of flatness and uniformity. Furthermore, in bridge construction, they are critical in creating sturdy and level bridge decks, underlining their importance in this sector.
The advancement in technology and the introduction of automated and self-propelled screeds are other factors contributing to the vibratory screed market expansion. Automation in the construction industry has led to increased efficiency, accuracy, and safety, leading to a rise in demand for automated vibratory screeds. These devices not only enhance productivity but also minimise human error, factors that have boosted their popularity in the market.
Furthermore, the increasing focus on durability and quality in construction projects has led to a surge in the adoption of vibratory screeds. These devices consolidate concrete effectively, thereby enhancing the strength and durability of the constructed structures. The use of vibratory screeds also improves the surface finish, a feature that is increasingly in demand in modern architecture, thus increasing the vibratory screed market demand.
Vibratory Screed Market Segmentation
The market can be divided based on type, propulsion technology, distribution channel, and region.
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Market Breakup by Type
- Concrete Vibrating Beam Screed
- Vibrating Screed Board
- Vibrating Truss Screed
- Portable Vibrating Concrete Screed
- Others
Market Breakup by Propulsion Technology
- Gasoline
- Electric
- Others
Market Breakup by Distribution Channel
- Online
- Offline
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global vibratory screed companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Marshalltown Company
- Tomahawk Power
- Husqvarna AB
- Multiquip Inc.
- Allen Engineering Corporation
- Milwaukee Electric Tool Corporation
- Bartell Global
- Wacker Neuson SE
- Multivibe (Jlin Corporation)
- Others
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