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2022
Mobile Crushers And Screeners Market

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

✷  Report Code: A01365
Pages: 210
Feb 2022 | 20285 Views
Author(s) : Sonali S
Tables: 115
Charts: 56
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COVID-19

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The global mobile crushers and screeners market size 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 and screeners are used in mining operations, recycling, and aggregates production. Mobile crushers used to break stone blocks into many small desired sizes. Screening is the practice of separate one material from another. Mobile screens are cost-effective and flexible way to screen materials at production sites. It provides excellent productivity in smaller aggregate production sites, quarries, and in mining applications. The mobile crushers and screeners market growth is anticipated to witness significant growth during the forecast period, owing to increase in construction and mining activities in emerging countries.

Growth in infrastructure development projects such as dams, railway ballast, airports, expressways, and national highways and construction industry in Asia-Pacific and LAMEA drives the global market for mobile crushers and screeners. Moreover, the process of crushing and screening with mobile equipment helps to reduce material transport cost. However, crushing and screening industry faces infrastructure problems such as power shortage, improper roads, rail, and airport links, which restricts the market growth in developing countries. In addition, majority of equipment used presently function on diesel, which releases high carbon emissions and imposition of stricter carbon regulations poses a major challenge to growth of the market.

The mobile crushers and screeners market is expected to grow, owing to growth in infrastructural development projects. Mobile crushers and screeners play a vital role in the construction industry as they are used for crushing concrete debris and stones. Infrastructure development in various regions of Asia-Pacific have resulted in large-scale foreign investments, a factor that subsequently boosts demand for mobile crushers and screeners for infrastructural projects across various sectors. Governments in countries such as India, Japan, China, and Indonesia are initiating construction projects and investing in public works and industrial developments.

In developing countries, the mobile crushing and screening industry faces problems related to power shortage and improper roads. In rural areas of the country, aggregate and construction companies also face issues during harsh weather conditions when conditions of these roads become unserviceable. These factors limit growth of the market in developing countries. However, with prospering economic conditions and government initiatives to improve infrastructural facilities such as road and rail network, water distribution systems, the impact of this factor can be mitigated.

Major players such as Kleemann GmbH, Metso Corporation, and Sandvik AB have adopted product launch strategy to improve their product portfolio to maintain competition in the market. For instance, in October 2020, 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. Such instances are expected to provide lucrative opportunities to major players for growth of the market.

The COVID-19 pandemic forced many companies in the global market to halt business operations for a short term to comply with new government regulations to curb spread of disease. This halt in operations directly impacted revenue flow of the global mobile crushers and screeners market share. In addition, there was halt in manufacturing of industrial products, owing to lack of raw materials and manpower in the lockdown period. Further, no new consignments were received by companies that operate in this sector. Hence, halt in industrial activities and lockdowns for several months affected the global market and the market is anticipated to witness a slow recovery during the forecast period.

Mobile Crushers and Screeners Market
By Solution

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Aftermarket segment is projected to grow at a highest CAGR of 6.2%.

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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. The mobile crushers segment is further divided into jaw crushers, cone crushers, and impact crushers. The mobile screeners segment is further segmented into vibratory screeners and gyratory screeners. The mobile crushers segment accounted for 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.

By end-user, the market is segmented into construction, stone 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 infrastructure projects. Stone quarry is expected to be the fastest growing segment during the forecast period, owing to increased infrastructure development in industrial, commercial, and residential sectors in Asia-Pacific. On the basis of solutions, the market is divided into products and aftermarkets. The products segment dominated the market in 2020.

Mobile Crushers and Screeners Market
By Product Type

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Mobile Crushers segment holds dominant position in 2020

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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 growth of the market.

Competition Analysis

The key players that operate 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.

Mobile Crushers and Screeners Market
By Region

2030
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific holds a dominant position in 2020 and Europe is expected to grow at a significant rate during the forecast period.

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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 the global mobile crushers and screeners market estimations for key market segments between 2020 and 2030.
  • Extensive analysis of the global mobile crushers and screeners market Analysis 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 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 industry.

Mobile Crushers and Screeners Market Report Highlights

Aspects Details
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`
 

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The mobile crushers & screeners market has witnessed a notable growth since past few years, owing to rapid urbanization in developing countries such as India, China, and Indonesia. Major applications for the crushers & screeners market are stone quarry as stone quarry is the parent industry of all development projects in the world. Jaw crushers are generally used as primary crushers in a crushing circuit. Leading companies, such as Terex Corporation, Komatsu Ltd., and Sandvik AB have witnessed significant market growth in past few years. These companies have launched innovative products, such as QA450 triple deck screen, and BR580JG-1 mobile crushers, which has led to increase in their overall consumer base. Moreover, other players operating in the market such as Metso Corporation, SBM Mineral Processing GmbH, Inc., and Astec Industries are expected to strengthen their product line with higher technology products, such as 3 deck screen plant to meet rise in demands from consumers. For instance, in May 2021, SBM Mineral processing GmbH launched new JAWMAX 400/450 jaw crushers and REMAX 450 impact crusher. This aims in improving product portfolio of the company. Major players in the market are focusing on development and launch of high-quality products, based on needs and preferences of consumers and to keep up with recent technological advancements, which can increase production capacity and are cost efficient. Moreover, innovative marketing and positioning strategies of players have helped to increase the overall market size.

However, the crushing and screening industry faces infrastructure problems such as power shortage, improper roads, and rail & airport links, which restricts the market growth in developing countries. In addition, majority of equipment used presently function on diesel, which releases high carbon emissions and imposition of stricter carbon regulations poses a major challenge to growth of the mobile crushers and screeners market. On the other hand, rise in construction activities and growth in industrialization in developing countries, which is anticipated to provide lucrative opportunities for growth of the global mobile crushers and screeners market.

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FREQUENTLY ASKED QUESTIONS?

A. The Global mobile crushers and screeners market size was valued at $2,467.5 million in 2020.

A. Based on solutions, products segment holds the maximum market share of the Global mobile crushers and screeners market in 2020.

A. The Global mobile crushers and screeners market is projected to reach $4,354.9 million by 2030.

A. A rise in use of mobile crushers and screeners in the construction, mining, and stone quarry applications, are the key trends in the Global mobile crushers and screeners market.

A. The product launch is key growth strategy of Global warehouse robotics industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. High initial cost required for training & development, and lack of awareness in developing countries such as India, Africa, and others which effects for global mobile crushers and screeners market.

A. The application of mobile crusher and mobile screener includes stone quarry, material recycling, and mining applications.

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