Mobile Crushers & Screeners Equipment Market By Machinery Type (Mobile Crusher (Jaw, Cone, Impact, Heavy Range, Hammer, Hydraulic), Mobile Screener (Vibrating, Gyrator, Scalper, Trominal, Freeflow, Hi Frequency)), By Application (Mining, Extraction, Construction, Landscaping, Material Recycling, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2022-2027
Mobile Crushers & Screeners Equipment Market Overview
Mobile Crushers & Screeners Equipment Market size was valued at $3.5 billion in 2021, and is estimated to grow at a CAGR of 5.4% during 2022-2027. The construction material for general construction which includes stones, pebbles, sand, cement, etc. are obtained from sources i.e. mountains, riverbeds and rocky terrains. Special equipment which can be transferred with minimum efforts is thus required for processing the materials, which involves crushing into smaller parts and screening i.e. segregating different components of material from the mixture. Highly stable mobile crushing plants such as Mobile cone crushers, Mobile HSI crushers, Mobile VSI crushers, Mobile impact crushers and Mobile jaw crushers have been the requirement in various industries. The mobile crushers and screeners have witnessed a significant growth in industry such as mining, construction and others. In the Middle East, the growing recovery of the construction industry in the recent times has led to the increasing demand for the advanced Mobile Crushers & Screeners Equipment including hydraulic cone crushers, Jaw crushers, Cone Crushers, Vibrating, Gyratory, Scalper and others. Furthermore, growing globalization and urbanization in Turkey, KSA and UAE are evenly boosting the construction activities in the coming years. Also, the growth of number of residential and non-residential projects are leading to drive the Mobile Crushers & Screeners Equipment industry during the forecast period.
The report: “Mobile Crushers & Screeners Equipment Market Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Mobile Crushers & Screeners Equipment Market.
By Machinery Type: Mobile
Crusher (Jaw, Cone, Impact, Heavy Range, Hammer, Hydraulic), Mobile Screener
(Vibrating, Gyrator, Scalper, Trominal, Freeflow, Hi Frequency)
By Application: Mining, Extraction, Construction, Landscaping, Material Recycling, Others
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC(China, Japan India, SK, Australia, Indonesia and Others), South America(Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa)
- The construction industry held the major share in 2021, owing to increase the development in the industry and the rising number of projects in the markets are leading to drive the Mobile crushing and screening market.
- The rapid urbanization and the changing living standard of the population has led to the growth of the industrialization and commercialization fueling the demand for Mobile Crushing & Screening Market.
- The Mobile Crusher and Screener Top companies include Sandvik A.B., Metso, Terex Corporation, Astec Companies, McCloskey International and others
Mobile Crushers & Screeners Equipment Market, By Machinery Type, 2021 (%)
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Mobile Crushers & Screeners Equipment Market Segment Analysis- By Machinery Type
This market is segmented into Mobile Crusher and Mobile Screener, based on machinery type. The mobile crusher held the largest market share in the Mobile Crushers & Screeners Equipment Market in 2021 at 66.1%. The mobile jaw crushers are most frequently used as they provide mobility, versatility and ease of transportation which makes the plant operation easy. Moreover, mobile crushers are track-mounted crushing machines which can be utilized in the form of primary crushers for recycling operations and in construction sites. Therefore, the rising need for different type of mobile crushers especially mobile jaw crushers in the production site has led to the increasing demand for the Mobile Crushers & Screeners Equipment Market. The mobile equipment are transported to the work site where they can maneuver within the site to crush and screen the aggregate. Mobile equipment performs the task of primary crushing of drilled or blasted stone or mineral ore at quarry or mine location, they can also perform secondary and tertiary crushing at the work location producing finished product. The time and cost of transporting the stone or mineral ore to the stationary mobile crushing plant and further to the location where it has to be used is significantly reduced by the implementation of portable crusher and screening plants. Such factors drive the demand for mobile crushers and to fulfill such high demand market players launch various new, technologically advanced products.
In December 2021, Sandvik Mobile Crushers and Screens announced about the launch of its new QI353 mid-size impactor, that features a ground-up new mid-size track platform and custom Prisec impact crusher, which is suitable for quarry, recycling and contractor segments related applications. Such developments plays a major role in the growth of this market.
Mobile Crushers & Screeners Equipment Market Segment Analysis- By Application
Based on application, the market is segmented into mining, extraction, construction, landscaping, material recycling and others. According to the Mobile Crushers & Screeners Equipment market report of IndustryARC, the construction industry is leading the Mobile Crushers & Screeners Equipment Market in terms of revenue share, and held a 29.5% share in 2021. In the Middle East and Africa, the developments in the construction industry are leading to the upsurge of the market. The increasing number of projects in the pipeline and the execution of big projects are enhancing the demand for the mobile crushing and screening machines. With the growing globalization and high investments for the developments of infrastructure along with government initiatives, the construction industry is facing rapid change which will lead to the growth of the industry in the coming future. In February 2021, UAE announced about its plan of investing $3.2billion in development projects by 2023, which includes the construction of 70 government buildings, 17 projects related to health industry and 12 projects related to education industry. Similarly, in February 2022, Dubai government allocated a 9% of total expenditure to maintain the volume of investments in infrastructure. Such initiatives will accelerate the growth of construction industry, which in turn will drive the growth of this market. The above-mentioned factors create huge demand for these products in construction industry.
Mobile Crushers & Screeners Equipment Market Segment Analysis- By Region
APAC was found to be the most lucrative mobile crushers’ equipment marketplace, as the region generated the maximum market revenue by holding 34.9% of mobile crushers & screeners equipment market share in 2021. The region has many developing economies such as India, China, Indonesia, and others that are observing rapid infrastructural development. China, which has been identified as the largest marketplace for mobile crushers & screeners equipment, is expected to generate even more demand due to a growing number of infrastructural projects during the forecast period. According to the Global Infrastructural Hub (GIH), the total private infrastructure investment by China was valued to be $79 trillion through the next 20 years. Such developments create positive impact on the growth of this market and provides incentives to the market players to take various strategic steps in order to expand their market share. In June 2021, Malaysia based Power Ram announced about its equipment distribution contract with METSO Outotec, which allows Power Ram to sell and to rent Metso Outotec’s mobile and stationary crushers and screens, related spare parts along with services, for aggregate producers and contractors in Malaysia and Singapore. Such developments fuel the growth of this market in this region.
Mobile Crushers & Screeners Equipment Market Drivers
Evolution of the Construction Industry across North America and Europe will drive the growth of this market
In Europe and North America, the construction industry was slowing down in recent years, but with the rapid globalization and the increasing investment in the construction industry has fueled the growth of this industry. The construction industry in this region has high considerable potential in order to implement innovation and leading to the advancement of the market capabilities further enhancing the use of latest mobile crushing and screening machines. Moreover, the rising number of projects in the region and the execution of large projects are the most significant factors that are driving the need for mobile crushes and screening machines. The US construction industry for instance is forecast to grow by 1.8% in 2021 and 3.7% in 2022, before it registers an annual average growth of 3.5% through 2025 according to Associated General Contractors of America. Furthermore, due to the high growth rate in tourism sector and investment in healthcare sector, these regions are investing heavily in commercial buildings. According to a recent survey, a total number of 2,996 units of commercial real estate were constructed in the Netherlands in the 2nd quarter of 2021. Such high growth rate of construction industry in North America and Europe will drive the growth of mobile crushers and screeners market during 2022-2027.
Rapid Urbanization is one of the major growth driving factors fueling the growth of this market
Growing urbanization is one of the major factors driving the demand for construction of both commercial and residential infrastructure projects, thereby creating a demand influx in the mobile crushers & screeners equipment market. Moreover, mobile crushers are also used in material recycling. Renovation activities in the residential real estate sector also require site crushing of dilapidated buildings in order to create new ones, which entails crushing of concrete, thereby leading to increased opportunities for the mobile crushers equipment market. The Middle East and APAC regions have experienced rapid urbanization over the last decade and moreover, the growth in the population has led to the upsurge of the urbanization. The rising rate of urbanization has also led to the improvement of the living standards in the regions, thus leading to requirement of smart infrastructure and commercialization. With industrialization and growth in residential & commercial infrastructure projects, the crushers and screeners market is expanding rapidly. According to Population Reference Bureau, Asia will have a lower overall urbanization rate in 2030 (53 percent) than any other region — Africa will be slightly higher at 55 percent, while Latin America is projected to reach 83 percent — but Asia's total urban population will exceed 2.6 billion in 2030, compared with 604 million in Latin America and 766 million. Such rapid growth in urbanization will accelerate the demand for these products during the forecast period 2022-2027.
Mobile Crushers & Screeners Equipment Market Challenges
Maintenance & Carbon Emission are creating hurdles for the growth of this market
Mobile crushing and screening machines are known to be critical assets which requires advanced maintenance operations in order to keep businesses run smoothly. Thus, the maintenance of these type of machines requires high cost of maintenance which hampers the use of advanced mobile crushing and screening machines in industry. Moreover, the carbon emission regulations are also the major factor that is posed to be a key challenge for the growth of the Mobile Crushers and Screening Market.
Mobile Crushers & Screeners Equipment Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Mobile Crushers & Screeners Equipment Market. In 2021, the Mobile Crushers & Screeners equipment industry outlook has been fragmented by several companies. Mobile Crushers & Screeners Equipment top 10 companies include:
- Sandvik A.B.
- Terex Corporation
- Astec Companies
- McCloskey International
- Liebherr Group
- Weir Group
- In December 2021, Sandvik has launched a new crusher, Sandvik QI353, which is the most versatile, mid-sized mobile impact crusher available on the market. In response to customer research, the new crusher provides more uptime and connectivity as well as Improved safety.
- In May 2021, Metso Outotec launches a new Nordtrack mobile screen and crusher for construction customers. The Nordtrack S2.5 mobile screen is a small size, versatile scalping screen designed for small job sites and a variety of applications.
- In February 2021, Terex Finlay launched a new LJ-130 Hybrid Jaw Crusher. The LJ-130 hybrid jaw crusher is the largest mobile jaw crusher and is developed for large-scale quarry and mining operations.
Report Code: AIR 0282
Report Code: AIR 0296
Report Code: AIR 0299
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