Global Powered Screed Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Drill;

Vibrating handheld Power Screed, Truss Power Screed, Roller Power Screed, and Laser Power Screed.

By Sales Channel;

Retail, and E-commerce.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn776296941 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Powered Screed Market (USD Million), 2021 - 2031

In the year 2024, the Global Powered Screed Market was valued at USD 248.40 million. The size of this market is expected to increase to USD 349.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global powered screed market is experiencing significant growth and transformation, driven by the increasing demand for efficient and high-performance construction equipment. Powered screeds play a pivotal role in the construction industry, particularly in concrete finishing applications, offering precise leveling and smoothing of concrete surfaces. With the growing emphasis on infrastructure development, urbanization, and building construction projects worldwide, the demand for advanced and reliable powered screed solutions is on the rise. Powered screeds are instrumental in achieving flat and smooth concrete surfaces, ensuring structural integrity and aesthetic appeal in various construction projects, including roads, bridges, floors, and foundations.

These machines eliminate manual labor-intensive methods, speeding up the construction process, enhancing productivity, and reducing labor costs. Moreover, technological advancements in powered screeds, such as the integration of laser-guided systems and remote control operations, are further driving market growth by improving accuracy, efficiency, and ease of use. Furthermore, sustainability initiatives and regulations promoting eco-friendly construction practices are influencing the market dynamics of powered screeds. Manufacturers are increasingly focusing on developing energy-efficient and environmentally friendly powered screed models, incorporating innovative features and materials to minimize carbon footprint and enhance operational sustainability. This shift towards sustainable construction practices is expected to propel the adoption of eco-friendly powered screeds in the coming years.

The global powered screed market is also witnessing a surge in demand due to the rapid urbanization and infrastructure development projects in emerging economies, particularly in Asia-Pacific and Latin America. Government initiatives, public investments in infrastructure, and the expansion of the construction industry in these regions are contributing to the robust growth of the market. Additionally, the recovery of the construction sector in developed economies post-pandemic and the revival of stalled projects are further fueling market expansion. In conclusion, the global powered screed market is poised for substantial growth, driven by technological innovation, infrastructure development, urbanization trends, and sustainability initiatives. As construction practices evolve and demand for efficient and sustainable solutions continues to grow, the powered screed market is expected to offer lucrative opportunities for manufacturers, suppliers, and stakeholders in the construction industry worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drill
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Region
  4. Global Powered Screed Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Development and Urbanization

        2. Eco-friendly Construction Practices

        3. Economic Growth and Construction Industry Expansion

        4. Labor Cost Reduction and Productivity Enhancement

      2. Restraints
        1. High Initial Costs

        2. Technological Limitations

        3. Regulatory and Compliance Challenges

      3. Opportunities
        1. Expansion in Emerging Markets

        2. Product Development

        3. Sustainable and Eco-friendly Solutions

        4. Infrastructure Renewal and Maintenance

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Powered Screed Market, By Drill, 2021 - 2031 (USD Million)
      1. Vibrating handheld Power Screed
      2. Truss Power Screed
      3. Roller Power Screed
      4. Laser Power Screed
    2. Global Powered Screed Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Retail
      2. E-commerce
    3. Global Powered Screed Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Marshalltown
      2. Allen Engineering Corporation
      3. Multivibe
      4. Bon Tool Company
      5. Parchem Construction Supplies
      6. Wacker Neuson SE
      7. Badger Meter
      8. Polished Concrete Solutions
      9. Jining Furuide Machinery Manufacturing Co
  7. Analyst Views
  8. Future Outlook of the Market