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Allied Market Research

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

A08488
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Feb 2021 | 45 Views
 
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COVID-19

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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.

Market scope and structure

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Application, type, industry vertical and Region

  Companies covered

Astec Industries, Eagle Crusher Company Inc., Global Crushers, IROCK Crusher, Komatsu Ltd., McLanahan Corporation, Mesto Oyj, Mormak Equipment Inc., Sandvik AB, Shibang Industry & Technology Group Co. Ltd., Superior Industries, Inc., Terex Corporation, Thyssenkrupp, Triaso, SA and Zhengzhou Yifan Machinery Co. Ltd.

 

Geographies covered

North America

Europe

Asia Pacific

LAMEA

US, Canada, and Mexico

Germany, France, UK, Italy and the Rest of Europe

China, Japan, India, South Korea and the Rest of Asia Pacific

Latin America, Middle East, and Africa

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 segments covered:

Segments

Sub-segments

  Type

  • Jaw crusher
  • Impact crusher
  • Cone crusher
  • Gyrator crusher

  Application

  • Mining
  • Quarrying
  • Waste recycling
  • Others

  Industry Vertical

  • Construction
  • Mining
  • Metallurgy
  • Others

 

 

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 from 2020 to 2027 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. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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