Mobile Crushers and Screeners Market by Product Type (Mobile Crushers and Mobile Screeners), Solutions (Products and Aftermarket), and End User (Construction, Stone Quarry, Mining, Material Recycling, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global mobile crushers and screeners market was valued at $2,467.5 million in 2020 and is projected to reach $4,354.9 million by 2030, growing at a CAGR of 5.7% from 2020 to 2030.
Mobile crushers & screening equipment are designed to crush mineral ores or stones, recycle construction waste, and produce aggregate. This equipment breaks down stones into smaller sizes and changes the form of waste material so they can be easily recycled or disposed. Screening is a process of separating granular ore material into various sizes. There are many types of screeners available in the market on the basis of required sizes of material. Mobile crushers conduct on-site crushing of materials, thus saving a lot of material transportation cost. Both crushers and screeners are used in construction industry, stone quarry, mining, material recycling, and others.
Rise in urban infrastructure development and construction industry in Asia-Pacific and LAMEA drive growth of the market. Moreover, the process of crushing and screening with mobile equipment at site help reduce material transport cost and maximize productivity, which fuels growth of the global mobile crusher and screener market.
Major restraints associated with this market are inadequate infrastructure facilities required for operation and their high carbon emissions. Infrastructure problems such as continuous power supply, improper roads, inadequate rail and airport links, and water supply problems restrict the market growth. Majority of equipment used presently function on diesel, which releases high carbon emissions and imposition of carbon regulations can have significant impact on the market.
The mobile crushers and screeners market is segmented on the basis of product type, solutions, end user, and region. On the basis of product type, the market is classified into mobile crushers and mobile screeners. Mobile crushers are further divides into Jaw crusher, cone crusher, and Impact crushers. Mobile screeners are further segmented into vibratory screeners and Gyratory screeners. Mobile crushers accounted for the maximum revenue share in 2020 and is anticipated to consolidate its position during the forecast period owing to their low maintenance requirements and easy replacement of wear and tear parts.
Based on end-user, the market is segmented into construction, quarry, mining, material recycling, and others. Mobile crushers and screeners are primarily used in stone quarry application as it is the parent industry of all the infrastructure projects. Stone quarry is expected to be the fastest growing segment during the forecast period, due to increased infrastructure development in industrial, commercial, and residential sector in the Asia-Pacific region. Based on solutions, the market is divided into products, and aftermarkets. Products segment dominates the market in 2020.
On the basis of region, the mobile crushers and screeners market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the major contributor to the revenue, followed by North America. Factors such as government support to build infrastructure in major countries such as China, India, Malaysia, and South Korea, and increase in construction projects across China and India have fueled the growth of the market.
The key players operating in this market include Komatsu Ltd., Sandvik AB, Terex Corporation, SBM Mineral processing, Kleemann GmbH, McCloskey International, Anaconda Equipment Ltd., Metso Corporation, Astec Industries Inc., and Lipmann Milwaukee, Inc.
Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of mobile crushers & screeners market. For instance, in October 2021, Metso Corporation launched two new models to the Lokotrack mobile crushing and screening series, i.e., Lokotrack LT200HPX and Lokotrack LT220GP mobile cone crusher. Launch models have many new features that are designed to improve efficiency of operations of customers and product portfolio.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging global mobile crushers and screeners market trends and dynamics.
In-depth market analysis is conducted by global mobile crushers and screeners market estimations for the key market segments between 2020 and 2030.
Extensive analysis of the global mobile crushers and screeners market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global mobile crushers and screeners market forecast analysis from 2021 to 2030 is included in the report.
The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global mobile crushers and screeners market.
GLOBAL MOBILE CRUSHERS AND SCREENERS MARKET SEGMENTS
BY PRODUCT TYPE
Mobile Crusher
Jaw crushers
Impact Crushers
Cone Crushers
Others
Mobile Screeners
Gyratory
Vibrating
BY Solutions
Products
Aftermarket
BY END USER
Stone Quarry
Construction
Mining
Material Recycling
Others
BY REGION
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
UK
France
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Astec Industries Inc.
Anaconda Equipment Ltd.
Komatsu Ltd.
Kleemann GmbH.
Lipmann Milwaukee, Inc
Metso Corporation
McCloskey International
Sandvik AB
SBM Mineral Processing
Terex Corporation
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