The Mobile Crushers and Screeners Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Mobile Crushers and Screeners Global Market Report 2024, The mobile crushers and screeners market size has grown strongly in recent years. It will grow from $2.94 billion in 2023 to $3.14 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to low transportation costs, rapid urbanization, environmental concerns, urbanization trends.
The mobile crushers and screeners market size is expected to see strong growth in the next few years. It will grow to $4.01 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to growth of the global mining industry, expansion of construction activities, regulatory compliance, increasing infrastructure investments. Major trends in the forecast period include technological advancements, advanced equipment innovation, product launches, mergers and acquisitions.
Rapid urbanization is expected to propel the growth of the mobile crushers and screeners market going forward. Urbanization is the method by which cities develop and a greater proportion of the population moves to the city. The rapid urbanization has compelled governments to spend in infrastructure projects such as the construction of bridges, flyovers, housing, and railroads, which has aided market expansion in the construction and crushing machine segments. For instance, in 2021, according to United Nations, a US-based intergovernmental organization, 56.61% of the world’s population will live in urban areas, a proportion expected to increase to 68% by 2050. Therefore, rapid urbanization is driving the growth of the mobile crushers and screeners market.
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The mobile crusher and screeners market covered in this report is segmented –
1) By Type: Mobile Crusher, Mobile Screener
2) By Solutions: Products, Aftermarket
3) By Equipment Usages: New, Used
4) By End Users: Stone Quarry, Construction, Mining, Material Recycling, Other End Users
Major companies operating in the mobile crushers and screeners market are forming partnerships to develop new products and strengthen their positions in the market. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in October 2021, Sandvik Group, a Sweden-based multinational engineering company partnered with Huntraco Ltd., a Hungary-based leading supplier of construction and industrial equipment for the sales and post-purchase support of mobile crushers and screening equipment. The collaboration will elevate local customer support, while also extending and reinforcing our worldwide distributor network. Leveraging Huntraco company’s in-depth understanding of the local customer base and industry, Sandik Group aims to enhance the growth of Sandvik mobile crushers and screens business in Hungary.
The mobile crushers and screeners market report table of contents includes:
1. Executive Summary
2. Mobile Crushers and Screeners Market Characteristics
3. Mobile Crushers and Screeners Market Trends And Strategies
4. Mobile Crushers and Screeners Market – Macro Economic Scenario
5. Global Mobile Crushers and Screeners Market Size and Growth
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26. South America Mobile Crushers and Screeners Market
27. Brazil Mobile Crushers and Screeners Market
28. Middle East Mobile Crushers and Screeners Market
29. Africa Mobile Crushers and Screeners Market
30. Mobile Crushers and Screeners Market Competitive Landscape And Company Profiles
Top Major Players:
- Komatsu Ltd.
- Atlas Copco Group
- Sandvik AB
- Metso Corporation
- Maximus Crushing & Screening Ltd
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