Mobile Crusher and Screener Industry is globally expected to drive growth through 2022-2027

Posted by kartik joshi on September 27th, 2022

Mobile Crusher and Screener Market is expected to reach US$ 4,919.35 million by 2027, registering a CAGR of 6.3% from 2020 to 2027.

In the recent years, the demand for mobile crushers has been increasing owing to the expansion of the construction industry. The major players in this market are expanding their current product portfolio, diversifying its client base, and developing innovative products in the field of mobile crushers and screeners. The market is quite large at a global level with an increase in innovation to fulfill the need for innovative products and alternative fuel-run crushers and screeners that would ultimately reduce the carbon emission occurred due to use of diesel.

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In the recent years, mobile crushers have been gaining increasing demand owing to the expansion of the construction industry. The major players in this market are focusing on expanding their current product portfolio, diversifying its client base, and developing innovative products in the field of mobile crushers and screeners. The market is quite large at a global level with an increase in innovation to fulfill the need for innovative products and alternative fuel-run crushers and screeners that would ultimately reduce the carbon emission occurred due to use of diesel.

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 operations. These factors are propelling the growth of the market across the world.

Various companies in the value chain are entering into partnership with other players to maintain their position in market and provide efficient solutions to its customers. Major manufacturers operating in the mobile crushers and screeners are based in Europe and APAC region. However, the market is penetrating at high growth rate in APAC and MEA region in especially in countries such as India, China, UAE and South Korea in near future. Mining industry including mineral processing in these countries is the key driving force in the mobile crusher and screener market.

Some of the key players operating in global mobile crusher and screener market are Anaconda Equipment Ltd., Astec Industries, Inc., Komatsu Ltd., Metso Corporation, and Sandvik AB, Kleenmann GmbH (Wirtgen Group, a John Deere Company), Lippmann Division of Metso McCloksey USA LLC, Metso, SBM Mineral Processing GmbH, Terex Corporation, and Thyssenkrupp AG. Several other companies are also operating in the market in different regions and are contributing substantial revenues towards the growth of the mobile crusher and screener market.

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