Stone Crushing Equipment Market: Global opportunity analysis and industry forecast, 2023-2030 Market

Stone crushing equipment refers to the machine used to crush bulk and heavy stones into different sizes efficiently. The stone crushing equipment or the stone crushers are used in breaking down and reducing the size of rocks and stones. It is made of metal surfaces that are able to compress the materials such as stones, quartz, rocks, iron and other such materials. The stone crushers operate by applying compressive strength to the material and crushing the heavy stone materials through collisions between the metal plates and the heavy stone materials. It is categorized into various types such as jaw crusher, impact crusher, cone crusher, gyratory crushers and others. It is widely used in mining and construction sectors.

COVID-19 scenario analysis:

• The demand for the stone crushing equipment's is expected to decrease in the year 2020 due to lockdown imposed by the government and low demand form construction and mining industries.
• COVID-19 pandemic has shut-down the production of various products in the stone crushing equipment's, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of the stone crushing equipment's market significantly form last few months, as is likely to continue during 2020.
• COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
• The major demand for equipment and machinery was previously noticed form giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
• Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
• Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors: Market Scenario Analysis, Trends , Drivers and Impact Analysis

The continuous increase in the construction activities, mining activities and development in infrastructures across various regions is expected to boost the stone crushing equipment market. The advancements in the infrastructure leading to the rise in number of roads, highways, bridges and canals is expected to create a demand for the stone crushing equipment owing to the crushing of aggregates used in these applications. The most of construction activities are ongoing in the emerging countries of Asia-Pacific. 

The global stone crushing equipment's market trends are:

New product launches to flourish the market

In the past few years, many new generation technologically advanced products having unique features were launched in the market. In September 2019, one of the global leader in stone crushers, Sandvik has launched its new CH 540 cone crushers. The product CH 540 has an output ranging from 240tph to 350tph with a feed size of 185mm. The CH540 uses a unique IE3 motors for cutting of stones.

High demand from applications :

Stone crushing equipment are used in various applications such as aggregates production, construction material recycling, quarrying and in mining activities. The stone crushers are of various types such as jaw crushers, impact crushers, cone crushers and gyratory crushers. The jaw crushers are the heavy duty machines that use compressive forces for breaking of stones. The jaw crusher has two components that is fixed jaw and movable jaw. The jaw crusher is used to break the iron ore, copper ore, granite and other such ores to fine particles and small aggregates. The jaw crusher is used in various applications such as cement industry, heavy duty mining, fertilizers industry, mines and minerals. The stone crushing equipment are used in mining for generating valuable geological minerals from large ores. The stone crushing equipment are used in the construction industry for recycling of construction waste. The stone crushing equipment are used in recycling of construction waste into stone dust that is further used as a raw material in the building applications. The stone dust is considered as a fine aggregate and can be the substitute to sand. Moreover, the stone crushers can be used in construction activities like roads, highways, bridges, canals, buildings and others for providing different size of stones and aggregates.

Key benefits of the report:

• This study presents the analytical depiction of the stone crushing equipment's market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the stone crushing equipment's market share.
• The current market is quantitatively analyzed to highlight the stone crushing equipment's market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed Market analysis based on competitive intensity and how the competition will take shape in coming years. 

 Stone Crushing Equipment Market: Global opportunity analysis and industry forecast, 2020-2027 Report Highlights