Mobile Crushers and Screeners Market Report 2023: Sector to Reach US$ 3.8 Billion by 2028 at a 4.5% CAGR

IMARC Group, a leading market research company, has recently releases report titled "Mobile Crushers and Screeners Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global mobile crushers and screeners market growth, trends, size, share and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global mobile crushers and screeners market size reached US$ 2.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028. The rapid infrastructural development activities, increasing mining operations, significant growth in the construction industry, growing urbanization, and implementation of supportive government policies and initiatives are some of the major factors propelling the market.

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Factors Affecting the Growth of the Mobile Crushers and Screeners Industry:

• Technological Advancements and Automation in Mining and Construction:
Technological advancements in mobile crushers and screeners are propelling the market growth. Manufacturers are focusing on developing machines with enhanced operational efficiencies, lower energy consumption, and reduced environmental impact. The addition of automation and internet of things (IoT) technologies is leading to the development of more intelligent and connected machinery. These advancements facilitate real-time monitoring, remote operation, and predictive maintenance, thus resulting in higher productivity and reduced downtime. Apart from this, the rising employment of these machines in the mining sector to handle larger capacities and tougher materials is contributing to the market growth.

• Recycling and Waste Management:
The growing shift towards sustainable practices is encouraging the adoption of mobile crushers and screeners in recycling and waste management. These machines are highly adaptable and capable of processing a wide range of materials, including construction waste, concrete, asphalt, glass, and metal. The ability to crush and screen these materials on-site facilitates the recycling process, turning waste into usable aggregates. This not only reduces the environmental impact by minimizing landfill use but also generates cost savings by reducing the need to purchase new raw materials. Furthermore, the mobility of these machines allows them to be easily moved between sites, making them highly efficient for companies involved in recycling and waste management.

• Regulatory Policies:
The increasing implementation of stringent norms by various governing agencies worldwide that mandate the reduction of carbon emissions and noise pollution in construction and mining activities is supporting the market growth. These regulatory policies are prompting manufacturers to innovate and produce more eco-friendly and energy-efficient machinery. Mobile crushers and screeners are being designed with features that minimize their environmental impact, such as low-emission engines and noise-dampening systems. These environment-friendly attributes not only help companies comply with regulations but also appeal to a growing segment of environmentally conscious consumers and enterprises.

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Mobile Crushers and Screeners Market Report Segmentation:

Breakup by Product Type:
• Mobile Crusher
o Jaw Crushers
o Impact Crushers
o Cone Crushers
o Others
• Mobile Screeners
o Gyratory
o Vibrating

Mobile crusher is the most popular product type due to its versatile applications and widespread demand in various industries.

Breakup by Equipment Usages:
• New
• Used

New holds the largest segment, reflecting the continual adoption of advanced machinery in the industry.

Breakup by End User:
• Stone Quarry
• Construction
• Mining
• Material Recycling
• Others

On the basis of end use, the market has been divided into stone quarry, construction, mining, material recycling, and others.

Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

Asia Pacific dominates the market due to its robust industrial growth and significant investments in infrastructure development.

Global Mobile Crushers and Screeners Market Trends:

The increasing addition of internet of things (IoT) technology in mobile crushers and screeners is providing real-time monitoring and data collection from the equipment. This technological integration enhances operational efficiency and provides critical insights into machine usage and performance, leading to better resource management and decision-making.
Besides this, the rising awareness and regulations surrounding environmental conservation are encouraging manufacturers to develop machines that are more efficient and have a reduced carbon footprint. This includes the production of electric and hybrid mobile crushers and screeners, which offer the dual advantages of lowering emissions and reducing operational costs.

Who Are The Key Players Operating In The Industry?

The report covers the major market players including:

• Anaconda Equipment Ltd
• Astec Industries Inc.
• IROCK Crushers
• Kleemann GmbH (Deere & Company)
• Komatsu Limited
• McCloskey International Ltd (Metso Outotec Oyj)
• Rubble Master HMH GmbH
• Sandvik AB
• SBM Mineral Processing GmbH
• ThyssenKrupp AG.

Other Key Points Covered in the Report:

• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations

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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.