Global Mobile Crusher and Screener Market Report Size, Trends & Growth Opportunity, By Solution, By End User, By Product Type, By Region and forecast till 2027
Global Mobile Crusher and Screener Market
Global Mobile Crusher and Screener was valued at US$ 2,551.41 Mn in 2021, estimated to reach US$ 3,754.90 Mn in 2027, with a CAGR of 5.42% from 2022-2027.
In mining operations, recycling, and aggregates production Mobile crushers and screeners are used. To break stone blocks into many small desired sizes Mobile crushers are used. The practice of separate one material from another is called as Screening. The cost-effective and flexible way to screen materials at production sites are Mobile screens.
Market Drivers
Due to an increase in infrastructure building projects, the market for mobile cruhers and screeners is anticipated to expand. Due to their use in crushing stones and concrete scrap, mobile crushers and screeners are essential tools in the construction sector.
Large-scale foreign investments in the Asia-Pacific region's infrastructure development have increased demand for mobile crushers and screeners for infrastructural projects in a variety of industries.
Governments in nations including Indonesia, China, Japan, and India are starting construction projects and investing in infrastructure improvements.
Market Restraints
The majority of already in use equipment runs on diesel, which produces large levels of carbon emissions, and the implementation of stronger carbon laws is a significant barrier to industry expansion.
Carbon emissions affect the planet significantly, as they are the greenhouse gas with the highest levels of emissions in the atmosphere. This, of course, causes global warming and ultimately, climate change. Hence this will be a major challenge for the market
Market Segmentation
Mobile Crusher and Screener Market is segmented into major 4 categories. Based on Product Type, the market is segmented into Mobile Crusher (Jaw crushers, Primary Impact Crushers, Cone Crushers, Granulators, Others) & Mobile Screeners (Gyratory, Vibrating, Free Oscillation Vibrating Screens, Rotating Washing Screens). Based on End User, the market is divided into Stone Quarry, Cemetery, Mining, Material Recycling, Infrastructure, Agro-food Industry, and Others. Based on Solution, the market is segmented into Products & Aftermarket. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Asia-Pacific held the highest share in 2020, accounting for more than three-fifths of the total market share, and is expected to continue its dominance in terms of revenue by 2027.
After Asia Pacific, Europe is estimated to portray the largest CAGR of 5.72% during the forecast period. The increasing demand for construction materials in this region is expected to drive the growth of this market over the next few years.
The increasing demand for crushed stone in the construction industry is expected to drive the growth of the market in North America. In addition, the growing mining industry is also expected to contribute to the growth of the market.
Market Key Players
Some of the key players operating in Global Mobile Crusher and Screener Market are Metso Corporation, Terex Corporation, Sandvik AB, Astec Industries, Inc., Kleemann GmbH, SBM Mineral Processing GmbH., Thyssenkrupp AG, Keestrack NV, Lippmann-Milwaukee, Inc., Anaconda Equipment Ltd. IRrock Crushers, Rubble Master HMH GmbH, Striker Australia Pty Ltd, Tesab Engineering Ltd.
Industry development
Jul 2022: Sandvik had acquired Preziss, a solutions provider for aluminum and composite machining. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.
May 2022: Astec had launched updates to Rp-series Highway class Asphalt pavers. This was a debut of a new, modern operator control system on all Roadtec RP-series highway class asphalt pavers.
Mar 2021: Kleemann launched worldwide 1st Kleemann jaw crusher of type MOBICAT MC 110(i) EVO2 working in a quarry from Recycling GmbH Lahnau. Among other things, the new overload system was of decisive importance for the purchase because it increases the output and productivity.
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