Global Eddy Current Separators Market Analysis by Regions and Countries

5 min read

Updated on 11/19/2024

North American eddy current separator revenue is expected to grow from $32.74 million in 2023 to $45.09 million in 2029, at a CAGR of 5.48%. European revenue is expected to grow from $36.98 million in 2023 to $49.26 million in 2029, at a CAGR of 4.89%. Asia Pacific revenue is expected to grow from $22.19 million in 2023 to $30.98 million in 2029, at a CAGR of 5.72%. Latin American revenue is expected to grow from $2.23 million in 2023 to $3.75 million in 2029, at a CAGR of 9.03%. Middle East and Africa revenue is expected to grow from $1.74 million in 2023 to $3.18 million in 2029, at a CAGR of 10.53%.

 

2018

2023

2029

CAGR (2023-2029)

North America

23.62

32.74

45.09

5.48%

Europe

27.43

36.98

49.26

4.89%

Asia Pacific

15.68

22.19

30.98

5.72%

Latin America

1.38

2.23

3.75

9.03%

Middle East and Africa

1.02

1.74

3.18

10.53%

Total

69.13

95.89

132.26

5.50%

North American eddy current separator sales increased from 212 units in 2018 to 288 units in 2023. European sales will grow from 244 units in 2018 to 327 units in 2023. Sales volume in the Asia-Pacific region will increase from 194 units in 2018 to 273 units in 2023. Sales in Latin America will grow from 18 units in 2018 to 29 units in 2023. Sales in the Middle East and Africa will grow from 13 units in 2018 to 22 units in 2023.

Overall, sales growth was most significant in Europe and North America, while growth in Latin America and the Middle East and Africa was relatively slow.

 

2018

2019

2020

2021

2022

2023

North America

212

221

212

242

265

288

Europe

244

254

243

276

301

327

Asia Pacific

194

204

197

227

249

273

Latin America

18

20

20

23

26

29

Middle East and Africa

13

14

15

18

20

22

Total

681

713

687

786

861

939

Sales of eddy current separators in North America are expected to grow from 288 units in 2023 to 408 units in 2029. Sales in Europe are expected to grow from 327 units in 2023 to 456 units in 2029. Sales in Asia Pacific are expected to grow from 273 units in 2023 to 399 units in 2029. Sales in Latin America are expected to grow from 29 units in 2023 to 51 units in 2029. Sales in the Middle East and Africa are expected to grow from 22 units in 2023 to 42 units in 2029.

 

2023

2024

2025

2026

2027

2028

2029

North America

288

310

331

353

374

393

408

Europe

327

352

375

398

419

440

456

Asia Pacific

273

296

318

341

361

383

399

Latin America

29

33

37

40

43

47

51

Middle East and Africa

22

25

29

33

35

37

42

Total

939

1016

1090

1165

1232

1300

1356

North American eddy current separator revenues grow from $23.62 million in 2018 to $32.74 million in 2023. European revenues grow from $27.43 million in 2018 to $36.98 million in 2023. Asia Pacific revenues grow from $15.68 million in 2018 to $22.19 million in 2023. Latin America revenues grow from $1.38 million in 2018 to $2.23 million in 2023. Middle East and Africa revenues grow slowly, from $1.02 million in 2018 to $1.74 million in 2023.

 

2018

2019

2020

2021

2022

2023

North America

23.62

23.76

22.11

26.87

30.88

32.74

Europe

27.43

27.54

25.53

30.65

34.92

36.98

Asia Pacific

15.68

15.96

14.98

18.15

20.71

22.19

Latin America

1.38

1.48

1.44

1.74

2.05

2.23

Middle East and Africa

1.02

1.06

1.10

1.40

1.63

1.74

Total

69.13

69.80

65.16

78.81

90.18

95.89

North America eddy current separator revenue is expected to grow from $32.74 million in 2023 to $45.09 million in 2029. Europe revenue is expected to grow from $36.98 million in 2023 to $49.26 million in 2029. Asia Pacific revenue is expected to grow from $22.19 million in 2023 to $30.98 million in 2029. Latin America revenue is expected to grow from $2.23 million in 2023 to $3.75 million in 2029. Middle East and Africa revenue is expected to grow from $1.74 million in 2023 to $3.18 million in 2029.

 

2023

2024

2025

2026

2027

2028

2029

North America

32.74

34.48

37.54

39.37

42.19

43.77

45.09

Europe

36.98

38.83

42.01

43.71

46.50

48.07

49.26

Asia Pacific

22.19

23.47

25.60

26.92

28.80

30.08

30.98

Latin America

2.23

2.47

2.82

2.99

3.24

3.49

3.75

Middle East and Africa

1.74

1.93

2.28

2.54

2.72

2.83

3.18

Total

95.89

101.18

110.24

115.53

123.46

128.24

132.26

From 2018 to 2023, the sales volume of eddy current separators in the United States has experienced some fluctuations, but overall shows a growth trend. Sales in 2018 were 195 units, increased to 202 units in 2019, but dropped to 194 units in 2020. Sales volume rebounded significantly to 220 units in 2021, increased to 242 units in 2022, and further increased to 262 units in 2023. The growth rate was 3.59% in 2018-2019, dropped to -3.96% in 2020, but rebounded to 13.40% and 10.00% in 2021 and 2022, respectively, and dropped slightly to 8.26% in 2023.

Overall, despite the decline in 2020, the sales volume of eddy current separators in the United States generally showed a growth trend from 2018 to 2023, especially in 2021 and 2022. This indicates that the demand for eddy current separators is increasing in the US market.

Eddy Current Separators

The sales volume of eddy current separators in Canada increased from 17 units in 2018 to 26 units in 2023, showing a steady growth. The growth rate was 11.76% in 2018-2019, slightly decreased to 10.53% in 2020, and decreased to 4.76% and 4.55% in 2021 and 2022 respectively, and rebounded to 13.04% in 2023.

Eddy Current Separators

The sales volume of German eddy current separators in 2018 was 56 units, which increased to 59 units in 2019, dropped slightly to 56 units in 2020, but increased significantly to 63 units in 2021, to 69 units in 2022, and further in 2023 grew to 75 units. The growth rate was 5.36% in 2018-2019, dropped to -5.08% in 2020, but rebounded to 12.50% and 9.52% in 2021 and 2022 respectively, and dropped slightly to 8.70% in 2023.

Eddy Current Separators

French eddy current separator sales were 40 units in 2018, increased to 42 units in 2019, dropped to 40 units in 2020, but grew significantly to 45 units in 2021, 49 units in 2022, and further growth in 2023 to 53 units. The growth rate was 5.00% in 2018-2019, dropped to -4.76% in 2020, but rebounded to 12.50% and 8.89% in 2021 and 2022, respectively, and dropped slightly to 8.16% in 2023.

Eddy Current Separators

The sales volume of eddy current separators in China in 2018 was 118 units, which increased to 124 units in 2019, dropped to 120 units in 2020, but increased significantly to 138 units in 2021, to 151 units in 2022, and further increased in 2023 to 166 units. The growth rate was 5.08% in 2018-2019, dropped to -3.23% in 2020, but rebounded to 15.00% and 9.42% in 2021 and 2022, respectively, and reached 9.93% in 2023.

Eddy Current Separators

The sales volume of Japanese eddy current separators in 2018 was 23 units, increased to 24 units in 2019, dropped to 23 units in 2020, but increased significantly to 27 units in 2021, 29 units in 2022, and further growth in 2023 to 32 units. The growth rate was 4.35% in 2018-2019, dropped to -4.17% in 2020, but rebounded to 17.39% and 7.41% in 2021 and 2022, respectively, and reached 10.34% in 2023.

Eddy Current Separators
Updated on 11/19/2024
Reports
en_USEnglish