Mobile crushers and screeners are designed for crushing mineral ores or stones, recycling construction waste, and producing aggregate. These equipment reduce large solid masses of raw material into smaller size and change the form of waste material so they can be easily recycled or disposed. The mobile crushers and screeners market is anticipated to witness significant growth during the forecast period owing to increase in construction and mining activities in the emerging countries.
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The growth in infrastructure development projects such as dams, railway ballast, airports, expressways, and national highways and construction industry in Asia-Pacific and LAMEA regions drives the global market for mobile crushers and screeners. Moreover, the process of crushing and screening with mobile equipment helps to reduce material transport cost. However, crushing and screening industry faces infrastructure problems such power shortage, improper roads, rail and airport links, which restricts the market growth in developing countries. In addition, majority of the equipment used presently function on diesel, which releases high carbon emissions and imposition of stricter carbon regulations poses a major challenge to the growth of mobile crushers and screeners market.
Top Factors Impacting the Mobile Crushers and Screeners Market
Low transportation cost
The low transportation cost due to utilization of mobile crushers is advantageous for the construction and mining industry. Industry players are currently focusing on designing electric mobile jaw crushers that deliver maximum productivity with low transportation costs. The impact of transportation cost is presently moderate in the market, and this impact is expected to increase in the coming years.
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Rise of Construction Industry
Mobile crushers and screeners market is expected to grow due to growth in infrastructural development projects. Mobile crushers and screeners play a vital role in construction industry as they are used for crushing concrete debris and stones. The infrastructure development in various regions of Asia-Pacific have resulted in large-scale foreign investments, a factor that subsequently boosts the demand of mobile crushers and screeners for infrastructural projects across various sectors. Government in countries such as India, Japan, China, and Indonesia is initiating construction projects and investing in public works and industrial developments.
The global rate of urbanization is on continuous rise owing to better living standards. The market for crushers and screeners is expanding rapidly with industrialization and growth in residential & commercial infrastructure developments. According to world health organization, 54% of world population was living in urban areas in 2014 and this is expected to increase by 66% by 2050.
Inadequate Industry Infrastructure
In the developing countries, the mobile crushing and screening industry faces problems related to power shortage and improper roads. In rural areas of the country, aggregate and construction companies also face issues during harsh weather conditions when conditions of these roads become unserviceable. These factors limit the growth of market in developing countries. But with prospering economic conditions and government initiatives to improve the infrastructural facilities such as road and rail network, water distribution systems, the impact of this factor can be mitigated
Crushing equipment use diesel as fuel for its operations. Use of such fuel intensifies the emission of CO2 and further increases carbon footprints. Carbon emission is highly hazardous for health. The increase in level of carbon emission regulations poses a major challenge to the growth of the mobile crushers and screeners market. Hence, companies are designing new mobile crushers and screeners, which run on alternate energy sources and can reduce the carbon emission from the machines.
Top Winning Strategies
Product launch is the key growth strategy adopted by market players, followed by agreement. Several companies have developed innovative products to enhance their product portfolio. Product launch is widely adopted by various companies to increase their market outreach and serve global customers.
The market for mobile crushers and screeners is segmented on the basis of product type, end-user, and geography. Based on product type, it is categorized into mobile crushers and mobile screeners. Mobile crushers are further categorized into jaw crushers, cone crushers, impact crushers, and others; and mobile screeners are further classified into gyratory and vibrating screeners. Based on End-User, market is segmented into stone quarry, construction, mining, material recycling, and others. Stone Quarry has generated the highest revenue owing to increase in demand for infrastructure, residential, commercial, and industrial construction in developing countries such as China, India, Indonesia, the Philippines, and Malaysia. Construction segment has generated the second highest revenue owing to growth in infrastructure projects such as national highways, expressways, bridges, rural roads, urban infrastructure, airports, railway ballast, and dams.
The Asia-Pacific region was the highest revenue-generating market in 2014. Factors such as government support to build infrastructure in major countries such as China, India, Malaysia, and South Korea, and increase in construction projects across China and India have fueled the growth of the market. Also, LAMEA region is expected to grow at a highest CAGR of 4.8% during the forecast period owing to the growth in construction projects, infrastructural developments, and rapid urbanization in this region. However, Europe is expected to witness slow growth due to economic slowdown in Europe.
The key players that operate in this market 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.
Other players in the value chain include ThyssenKrupp, Liugong Machinery Co., Ltd, Shanghai Shenbang Machinery Co., Ltd, Baioni Crushing Plants SpA Unipersonale, Shanghai Zenith Mining and Construction Machinery Co., DSMAC, Truston, ROCKSTER RECYCLER GmbH, Joy Global Inc., Shanghai CXSM Machinery Co., Ltd, HARTAL Crusher North America LLC, IROCK Crushers, Brightwater Manufacturing, SCM Crushing & Grinding Machinery, and SANME.
- This report provides an in-depth analysis of the Mobile Crushers and Screeners Market to elucidate the potential investment po ckets.
- The current trends and future scenarios are outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold in the market.
- This report provides information regarding key drivers, restraints, and opportunities along with their detailed impact analysis.
- Quantitative analysis of the current market trends and estimations for the period of 2014‐2022 are provided to indicate its financial competency.
- Porters Five Forces Model of the industry illustrate the potency of buyers and suppliers.
- Value chain analysis provides a clear understanding on the roles of stakeholders in the industry.
Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
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Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies
3.3 Porter’s five forces analysis
3.3.1 Undifferniated product lowers the bargaining power of suppliers
3.3.2 Presence of large number of suppler highers the bargaining power of buyers
3.3.3 Huge investment costs lowers the threat of new entrants
3.3.4 Unavialability of substitute lowers the threat of substitutes
3.3.5 Intense competion among suppliers highers the industry rivalry
3.4 Value chain analysis
3.5 Market share analysis, 2015
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