Mobile Crusher and Screener Market Key Players and Forecast by 2027

[Research Report] The mobile crusher and screener market was valued at US$ 2,958.93 million in 2019 and is projected to reach US$ 4,919.35 million by 2027; it is expected to grow at a CAGR of 6.3% from 2020 to 2027.

The construction industry has been playing a major role in the expansion of the global mobile crushers and screeners market. Apart from the infrastructural advancements, the growing initiatives by various governments globally for new railway tracks, airports, roads and tunnels, coupled with the expansion of the mining industry would enable the mobile crusher and screener market players to boost their businesses. Mobile crushers and screeners are gaining significant demand owing to its lower cost of operations. These factors are propelling the growth of the market across the world.

A significant reduction in cost can be achieved in the production with the use of mobile crushers and screeners. Moreover, positive economic growth outlook with rising industrialization worldwide and growing need for efficient crushers and screeners are driving the adoption of mobile crushers and screeners across the industries. A major trend that will push the market growth in coming years is the introduction of alternative fuel for the operation of mobile crushers and screeners.

The demand for mobile crushers is rising significantly owing to its low operational costs. The introduction of mobile crushers has eliminated the need for transportation along with transportation costs. Unlike the traditional crushers, the mobile crushers crush the minerals on-site and reduce the operational cost. The mobile crusher is a complete setup that involves minimum human resources in its operation, which reduces the labor cost. The mobile crushers' complete mobile setup minimizes the need for the factory to transport the minerals that have an added benefit of cost reduction coupled with its convenience. The mobile crushers are known to be a one-time investment that has a longer operational life. The maintenance of materials, spare parts, and fuel lubricants are inexpensive than the traditional crushers. Hence the low operational cost of mobile crushers drives the demand for mobile crushers.

Published Report - Mobile Crusher and Screener Market: Strategic Insights

The European mobile crusher and screener market is primarily being driven by rapid growth in the mining sector. Europe is an important producer of chromium, copper, lead, silver, and zinc. The consumption of industrial metals and minerals has experienced significant growth in countries such as Germany, France, Russia, and the UK due to rising demand from various industries—such as automotive and construction. Increasing demand for industrial metals and minerals is leading to the expansion of mining activities and high production of aggregates. All these factors are driving the demand for mobile crushers and screeners in Europe.

Impact of COVID-19 Pandemic on Mobile Crusher and Screener Market

The COVID-19 pandemic is adversely affecting industries worldwide. The global economy is witnessing downturn, and it is likely to continue in 2021 as well. The outbreak has created significant disruptions in primary industries such as consumer electronics, semiconductor, automotive, and IT infrastructure. The factory shutdowns, travel bans, supply chain issues, trade bans, and border lockdowns are restricting both manufacturing and sales of various consumer electronic products and components; therefore, the global electronics and semiconductor industry is facing serious disruptions. Aforementioned industries generate demand for mobile crusher and screener; thus, they are crucial for the growth of global mobile crusher and screener market. Hence, the decline in the growth of these industries restrains the growth of the global mobile crusher and screener market.

Market Insights

The mobile crushers use diesel as a fuel for their operation that leads to higher carbon emissions in the environment. With the rising concerns for environment and strict actions by the government authorities against carbon emissions, the mobile crusher and screener market might get hampered in coming years. To overcome this, the leading market players are taking initiatives to introduce mobile crushers that use alternative fuels. For instance, in 2016, Vehicle OEM Keestrack showcased two new types of mobile jaw crushers named B4e and H4e that run on electric power. These two crushers are known to have onboard diesel engines along with a plug-in-option to charge, which facilitates diesel and electricity fuel operations. The electric version of these mobile crushers consumes 30% less fuel than modern load-sensing hydraulic systems. The introduction of such types of mobile crushers is likely to fuel the demand for mobile crushers in the coming years.

Type-Based Market Insights

Based on type, the mobile crusher and screener market is bifurcated into mobile crushers and mobile screeners. The mobile crushers offers various benefits over static crushers such as mobility and compactness; therefore, the demand for mobile crushers is rising. Furthermore, the demand is also increasing due to the high acceptance of quarry operators for mobile crushers and screeners globally. The demand selection for a mobile plant is principally commanded by the increasing cost of the quarry operation, led by a shortage of skilled personnel to operate the plants. Mining operators are focusing on core business activities, whereas outsourcing the quarry operation to contractors is expected to increase the demand for mobile crushers and screeners. These contractors prefer mobile and compact equipment that can be moved from one site to another.

End User-Based Market Insights

Mobile crushers and screeners are widely used in mining operations, recycling applications, and aggregates production. The demand for this equipment is growing due to their mobility. Further, the use of these machines helps reduce the operational costs as they ease the need for hauling. The construction industry is witnessing high growth globally. A few of the major factors that are driving the growth of the construction industry are rising population in developing countries, increasing disposable incomes, ongoing infrastructure up-gradation activities in developed countries, growing smart city projects, and surging smart transportation network developments across the globe.

Product development is the commonly adopted strategy by companies to expand their product portfolio. Sandvik AB, Metso Corporation, Komatsu Ltd, Terex Corporation, and Kleenmann GmbH are among the key players implementing strategies to enlarge their customer base, maintain their brand name, and gain significant share in the mobile crushers and screeners market.

Report Spotlights

• Progressive industry trends in the global mobile crushers and screeners market that help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the market from 2019 to 2027
• Estimation of global mobile crushers and screeners demand across various industries
• PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the market competition and global demand
• Market trends and outlook, coupled with factors driving and restraining the growth of the global market
• Decision-making process by understanding strategies that underpin commercial interest with regard to global market growth
• Global mobile crushers and screeners market size at various nodes of market
• Detailed overview and segmentation of the market and its dynamics in the industry
• Global market size in various regions with promising growth opportunities

Mobile Crusher & Screener

Published Report - Mobile Crusher and Screener Market Players Density: Understanding Its Impact on Business Dynamics

The Published Report - Mobile Crusher and Screener Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Mobile Crusher and Screener Market Segmentation

By Type

• Mobile Crusher
• Mobile Screener

By End User

• Construction
• Mining
• Recycling
• Others

Company Profiles

• Komatsu Ltd
• Terex Corporation
• Anaconda Equipment Ltd
• Astec Industries, Inc
• KLEEMANN GmbH
• Lippmann Division of Metso McCloskey USA, LLC
• Metso Outotec
• Sandvik AB
• thyssenkrupp AG
• SMB Mineral Processing GmbH