Mobile Crushers and Screeners Market Trends, Industry | 2031

Report Description

Mobile Crushers and Screeners Market Outlook 2031

The global mobile crushers and screeners market size was USD 3.55 Bn in 2022 and is likely to reach USD 5.28 Bn by 2031, expanding at a CAGR of 4.5% during 2023–2031. The growth of the market is attributed to the increasing adoption of portable machines for screening and crushing purposes.

Rising mining and construction activities across the globe drive the need for mobile crushers and screeners. These machineries offer several advantages such as strong mobility, low transportation cost, operation safety, minimized material handling, and durability. Key players in the mining and construction sector are inclined toward mobile crushers over traditional ones, as they are easy to use and maintain. The components of these machines can quickly be disassembled and removed for routine maintenance, machine inspection, and repair. This alerts the potential issues and reduces downtime.

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The COVID-19 pandemic hampered the global mobile crushers and screeners market. During the pandemic, governments across the globe imposed strict regulations across the globe to curb the virus spread. The strict regulations on import and export and social distancing resulted in a lack of raw materials and industry workers on-site locations. Major construction companies had to postpone their major projects, which decreased the demand and the usage of mobile crushers and screeners.

Mobile Crushers and Screeners Market Dynamics

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Drivers

Increasing demand for efficient and cost-effective machinery for construction and mining activities drives the market. Mobile crushers have gained popularity over the last few years, as they offer several benefits over traditional stationary ones. Mobile crushers have highly reliable performance as they consist of top-quality and highly efficient crushing equipment. These machineries offer direct and effective operations. Mobile screening machineries are easy to use and due to their ability to easily work with other types of construction equipment make them ideal for quarrying and recycling activities.

Restraints

High initial investment associated with the mobile crushers and screeners hampers the market. These machineries are costlier than the traditional stationary ones, as these are equipped with advanced components. Some components of these machineries cost much more than the traditional ones such as chassis. Moreover, the maintenance cost of mobile screeners and crushers is relatively high, which can affect the demand for these machineries.

Opportunities

Rising investments in infrastructure activities by governments and private entities are expected to create lucrative opportunities in the market during the projection period. Rising mining and construction activities in emerging economies such as China and India are creating the need for advanced equipment and machinery. With the rising need for advanced machinery, private companies, and governments, are heavily investing in machinery required for mining, construction, and other activities. This, as a result, is expected to create favorable opportunities in the market.

Scope of the Mobile Crushers and Screeners Market Report

The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Mobile Crushers and Screeners Market Segment Insights

Machinery Type Segment Analysis

Based on machinery type, the mobile crushers and screeners market is divided into crushers and screeners. The crusher segment dominated the market in 2022 owing to the increasing popularity of mobile crushers over the traditional ones as these have strong mobility and flexible combination. Mobile crushers are used to break down large stones, ores, and rocks into small shapes and sizes. These crushers are gaining rapid popularity for urban construction projects, as these crushers are portable due to their short wheelbase. Moreover, mobile crushers offer the flexibility to combine with other equipment to support other requirements of different crushing applications.

The growing preference for mobile crushers over traditional ones by major construction and mining companies is driving the segment. Mobile crushers, especially jaw and cone crushers, offer low transportation costs and have safety features to protect workers from accidents and hazards. These crushers use diesel-electric engines, which help reduce fuel consumption and environmental footprint.

The screeners segment is projected to register a considerable CAGR during the forecast period owing to the increasing demand for high-performance machines for recovering usable construction waste, crushing, and recycling. Mobile screeners are specially designed for these applications, as they have high capacity and performance. The preference for these machines over the traditional ones is increasing, as these machines are highly durable and versatile.

Application Segment Analysis

On the basis of application, the mobile crushers and screeners market is segmented into construction aggregates, mining & quarry, material recycling, and others. The mining & quarry segment is expected to register a robust growth during the forecast period, owing to the wide usage of mobile crushers and screeners for mining purposes.

These types of machinery are heavily being used for mining purposes, as they are efficient in operations, have flexibility, and help in reducing the overall cost of the project with low transportation costs and energy-saving features. Global mining companies are increasingly preferring mobile crushers and screeners over traditional ones owing to the reduction in the overall cost of projects and expensive transportation. Growing mining activities in emerging countries are expected to boost the demand for these types of machinery in the coming years.

The construction segment is projected to register a considerable CAGR during the forecast period owing increasing usage of crushers and scanners for urban construction projects. The demand for efficient and flexible combination machinery is rapidly growing, especially in developing countries. The construction industry is rapidly growing globally, the demand for advanced construction types of machinery is expected to increase in the coming years, creating favorable opportunities in the market.

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Regional Analysis

In terms of region, the global mobile crushers and screeners market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period owing to the rapidly increasing construction and mining activities in the region.

Ongoing urbanization and infrastructure development in emerging countries such as India and China, create favorable opportunities in the market. The demand for mobile crushers and scanners is rapidly increasing for urban construction in developing countries such as India and China as their chassis is flexible and easy to transport.

Mining activities are increasing in the region, which is expected to boost the demand for machines with efficiency and strong adaptability. Moreover, regional mining companies focus on expanding their business and adopting advanced machinery for better performance. This is projected to boost the market in the region during the forecast period.

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