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2025-2034 Mobile Crushers and Screeners Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Mobile Crushers and Screeners Market
What Is the Expected CAGR for the Mobile Crushers and Screeners Market Through 2025?
In recent years, there has been a consistent growth in the market size of mobile crushers and screeners. The market, which was worth $3.11 billion in 2024, is expected to expand to $3.25 billion in 2025, showcasing a compound annual growth rate (CAGR) of 4.6%. Factors such as low transportation expenses, swift urbanization, and environmental considerations, along with urbanization trends, have contributed to the growth witnessed in the historic period.
What's the Projected Size of the Global Mobile Crushers and Screeners Market by 2029?
The size of the market for mobile crushers and screeners is forecasted to experience robust growth in the upcoming years, projected to reach $4.11 billion by 2029 with a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this growth in the predicted period include the global mining industry's expansion, increased construction activities, regulatory conformity, and rising infrastructure investments. The forecast period is also expected to display key trends such as technological progress, inventive equipment development, product introductions, and business mergers and acquisitions.
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Top Growth Drivers in the Mobile Crushers and Screeners Industry: What's Accelerating the Market?
The surge in urbanization is predicted to fuel the expansion of the mobile crushers and screeners market. This urban growth process induces a major population shift towards cities. Fast-paced urbanization has obligated governments to invest in infrastructure development like bridge and flyover construction, housing projects, and railroads, consequently boosting the market growth in the construction and crushing machine segments. For example, in October 2024, the United Nations Department of Economic and Social Affairs announced that 57% of the global population lived in urban areas in 2022, anticipating this proportion to expand to 68% by 2050. The current urbanization trend, when combined with population rise, is anticipated to contribute an additional 2.5 billion people to urban areas by 2050, about 90% of which will be in Asia and Africa. These alterations underscore substantial demographic transformations and the critical need for eco-friendly urban growth strategies to meet the rising demands of the urban population. Consequently, swift urbanization acts as an accelerator for the mobile crushers and screeners market growth.
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What Are the Key Trends Driving Mobile Crushers and Screeners Market Growth?
The emergence of product innovation is a significant trend shaping the mobile crushers and screeners market. The market's leading firms are increasingly focusing on devising new product solutions to consolidate their market standing. A case in point is Metso Corporation, an industrial machinery enterprise based in Finland, which unveiled its Lokotrack crushers and screens in October 2023. This new diesel-electric Lokotrack EC series prides itself on its robust design and fully automated, electric-driven operational functions for improved user-friendliness. The series aims to deliver amplified efficiency and lower emissions, aligning with Metso's environmental and climate objectives. In addition, it deploys the latest digital tools and services to cater to the industry's evolving requirements.
What Are the Main Segments in the Mobile Crushers and Screeners Market?
The mobile crushers and screenersmarket 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
Subsegments:
1) By Mobile Crusher: Mobile Jaw Crusher, Mobile Impact Crusher, Mobile Cone Crusher, Mobile VSI Crusher
2) By Mobile Screener: Mobile Vibrating Screen, Mobile Trommel Screen, Mobile Scalping Screen, Mobile Deck Screen
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Which Top Companies are Driving Growth in the Mobile Crushers and Screeners Market?
Major companies operating in the mobile crushers and screeners market include Komatsu Ltd, Atlas Copco Group, Sandvik AB, Metso Corporation, Maximus Crushing & Screening Ltd., Ter*ex Finlay, Astec Industries, Kleemann GmbH, McCloskey International Ltd., Eagle Crusher Company Inc., Keestrack N.V., Lippmann Milwaukee, Inc., Striker Australia Pty Ltd., Shanghai Zenith Company, IROCK Crushers LLC, Powerscreen Crushing & Screening LLC, Portafill International Ltd., Hartl Engineering & Marketing GmbH, Tesab Engineering Ltd., SBM Mineral Processing GmbH, KPI-JCI and Astec Mobile Screens, Meka Crushing & Concrete Batching Technologies, Anaconda Equipment International Ltd, EvoQuip, Rockster Austria International GmbH, Beyer GmbH, Dragon Machinery Ltd., Fabo Company, General Machinery Co Inc., R.R. Equipment Company, Red Rhino Crushers (UK) Ltd., Rubble Master HMH GmbH, Shanghai Shibang Machinery Co, Ltd.
Which Regions Will Dominate the Mobile Crushers and Screeners Market Through 2029?
Asia-Pacific was the largest region in the mobile crushers and screeners market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile crushers and screeners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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