Stone Crushing Equipment Market Trends, Growth and Industry Research Report, 2017 - 2024: Global Market Insights Inc.

The Stone Crushing Equipment Market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for Stone Crushing Equipment industry targeted at helping in business decisions. Increasing construction activities across the globe due to rising urbanization have resulted in the increased production of this machinery, positively impacting the industry. The ability of this equipment to produce crushed stones of varied sizes is likely to induce immense potential to the stone crushing equipment market size till 2024.

Lack of skilled labor may act as a challenge for the stone crushing equipment market players over the forecast time span. Rising prices of crushing equipment across the globe will further hamper the industry growth. High initial investments on the machinery will also have a negative impact on the industry players. Fugitive emissions during mining (excavation, blasting, and drilling), screening, and crushing operations will pose a threat to the industry growth till 2024.

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Stone crushing equipment is located near large construction projects on the outskirts of the city, where it is required at a larger scale. Manufacturers are continuously focusing on technological advancements in the machinery to fulfill the mandatory standards for emission reduction. Mobile cone crusher is an innovation that has gained prominence in the stone crushing equipment market recently. It is equipped with mobility feature and can move anywhere and start working instantly.

The enforcement of stringent regulations, especially in Asia Pacific has forced the manufacturers to develop the machinery that complies with these regulations. For instance, In India, Gujarat Pollution Control Board (GPCB) has mandated a few environmental guidelines for stone crushing units. A few of them include suppression cum dust containment system for the equipment, wind breaking wall construction especially at crushing place & charging hopper, and regular ground wetting within the premises.

By application, the stone crushing equipment market is classified into quarrying, mining, recycling, and others. Quarrying will witness a significant growth owing to the rising quarrying activities across the globe, especially in the developed countries of North America. The revenue generation is attributed to heavy domestic demand for crushed stone by the construction industry.

North America is anticipated to rise owing to increasing demand from commercial and residential construction activities coupled with rising expenditure on road and highway construction across the region. The presence of established players will give an edge to stone crushing equipment market growth in the region.

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Metso Oyj, Terex Corporation, Joy Global, CNH Global N.V., Caterpillar, Inc., BUCY International, and Sandvik AB are among the notable players in the stone crushing equipment market. Industry players are focusing on new product launches and regular innovations to gain a competitive edge and gain a foothold in the industry.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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