Mobile Crushers and Screeners Market by Opportunities, Trends, Industry Analysis and Market Players
The market growth for mobile crushers and screeners is being restricted due to inadequate infrastructure facilities required for operation of these equipment and due to their high carbon emissions. Infrastructure problems such as continuous power supply, improper roads, inadequate rail and airport links, and water supply problems restrict the market growth.
Increase in urbanization in emerging countries has boosted the need for infrastructure development. Governments in these countries are also making significant investment in the development of roads, railway tracks, and airports where the application of mobile equipment become inevitable. Companies are also developing equipment with advanced features such as high performance, high mobility, larger capacity hoppers and 3 deck screens that have potential to further strengthen the market growth.
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Mobile crushers accounted for around 73.8% of the overall market in 2015. The market for these equipment is estimated to have significant growth over the forecast period mainly due to increase in mining and construction activities in the emerging countries. The equipment's increase in application in material recycling sector further contributes to the market growth.
Key findings of the study:
o In 2015, stone quarry segment led the market revenue, and is projected to grow at a CAGR of 4.1 % during the forecast period.
o Construction segment is expected to grow at a significant CAGR of 6.3%, owing to rise in building activities.
o Mining segment is projected to grow at a CAGR of 5.8%.
o The jaw crushers segment is estimated to grow at the highest CAGR during the forecast period.
o China is the major shareholder, accounting for about 48% share of the Asia-Pacific mobile crushers and screener's market.
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Key players focus to expand their business operations in the emerging countries, with new product launches as a preferred strategy. The major players profiled in this report include Komatsu Ltd., Sandvik AB, Terex Corporation, SBM Mineral processing, Kleemann GmbH, McCloskey International, Anaconda Equipment Ltd., Metso Corporation, Astec Industries Inc., and Lipmann Milwaukee, Inc.
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