Di. Sep 3rd, 2024

Mobile crusher and screener market is projected to witness a CAGR of 5.35% during the forecast period 2024-2031, growing from USD 3.44 billion in 2023 to USD 5.22 billion in 2031. Mobile crushers and screeners have been an inseparable part of mining, construction, and exploration activity. Advanced technological developments such as automation, remote control, electric power, integration of IoT, data analytics, and safety enhancements have transformed the market growth over the years. Mobile crushers and screeners are becoming more efficient due to increased automation. Performance is increased and downtime is decreased with the aid of features such as self-diagnosis systems and automated adjustments.

Most of the modern crusher units incorporate remote control features, which enable operators to view operations from a distance, enhancing convenience and safety. In terms of stringent environmental restrictions and sustainability objectives, huge consideration has been given to the creation of technologies that would reduce emissions and noise. The design of new crushers and screeners are thinking of recycling, which is an element that strengthens their ability to treat and recycle building and demolition waste. Added to this, sophisticated crushing and screening technologies, such as cone crushing technology and vertical shaft impact crushing technology, anticipated to further add value to the market landscape.

For instance, in June 2024, Terex Minerals Processing Systems (MPS) launched two new portable crushing plant models at Hillhead 2024. The primary market for the WG220E portable cone crusher plant and the WV1400E portable vertical shaft impact (VSI) crushing unit is Europe. These electrically powered variants can run on a generator or mains power, each including a 5-square-meter feed hopper capacity, a foldable discharge conveyor for material stockpiling, and a conveyor to feed the crusher.

Advent of Smart Electric Mobile Crusher to Fuel Market Growth

Some smart mobile crushers, with multiple sensors and efficient technology, provide higher portability. Zero-emission feature of electric mobile crushers during operation will lead to a lesser carbon footprint from construction and mining activities. It is in line with global efforts on combating climate change and adhering to stricter environmental regulations. Compared with their diesel equivalents, electric crushers are very quiet, reducing noise around sites for improved working conditions for operators and communities around the world. Electric mobile crushers can be powered by renewable sources of energy, such as solar or wind power, especially in places with infrastructure. In this way, it enhances their sustainability and minimizes dependence on fossil fuels. Companies introduce new lines of electric crushers to expand their portfolio.

For instance, in October 2023, Sandvik AB’s mobile crushers and screens division introduced a fully electric heavy jaw crusher named UJ443E. It features high quality, reputable componentry throughout and the latest generation Sandvik CJ412 jaw crusher. With its ability to function in extremely harsh conditions, the UJ443E is specifically made for applications involving hard and abrasive rocks.

Read More: https://www.marketsandata.com/industry-reports/mobile-crusher-and-screener-market

Urbanization, Infrastructure, and Recycling Projects to Fuel Market Growth

Rapid urbanization leads to a surge in construction activities, including residential, commercial, and mixed-use developments. Aggregates, asphalt, and concrete are used and processed for mobile crushers and screeners in view of fast progression and growing cities. These cities require a huge number of aggregates for the building of their roads, bridges, and other infrastructure. The mobile crushers and screeners produce the required aggregate cullet sizes from various materials submitted for the purpose.

Huge amounts of crushed and screened materials are required in infrastructure works for highways, railways, airports, and bridges. Large sites, therefore, require mobile crushers and screeners to produce quality materials in an economical way. The recycling of construction and demolition (C&D) waste materials is on the rise due to concerns about reducing landfilling and environmental hazards associated with it, and this may be achieved through mobile crushers and screeners. C&D materials, such as concrete, asphalt, bricks, and others, are processed to form reusable products. The wide range of applications have fueled the demand for different kinds of crusher and screeners. Global giant companies help countries with their ongoing projects through technical support.

For instance, in February 2024, Metso Corporation announced that it is going to deliver key crushing and grinding technology to the Hemi Gold Project in Australia. Australian mining company De Grey Mining Limited awarded Metso orders for a Superior MKIII 50-65 primary gyratory crusher and two 14MW Premier ball mills. The equipment is going to be installed at De Grey Mining’s Hemi Gold Project located in the Pilbara region of Western Australia.

Mining Industry and Environmental Regulations to Fuel the Mobile Crusher Segment’s Growth

Based on type, mobile crusher leads share of the global market during the forecast period. The rapid pace of urbanization and the increased investment in infrastructure projects, such as roads, bridges, and buildings, create significant demand for mobile crushers and screeners in processing and recycling construction and demolition waste. The mining industry is important and due to increased growth in the developing economies of the world, there lies an increased demand for effective mobile crushing and screening solutions to manage the operations of mineral processing and extraction.

Increase in focus on recycling and waste management driven by government regulations related to pollution is increasing the demand for mobile crushers and screeners with features that can process such materials effectively. Improvements in mobile crushing and screening technologies, including fuel efficiency, better performance, and automation, are driving market demand by providing higher productivity and lower operating costs.

For instance, in January 2024, Astec Industries Inc. introduced the next generation of innovation by launching FT300-OC Mobile Cone crusher. The crusher was launched at CONEXPO in Las Vegas. The owner of Tassie Group was reassured by a reliable mechanic that Astec’s range would offer the durability required to advance the site. He made an investment in its screening and crushing machinery and hasn’t turned back.

Download Free Sample Report

Asia-Pacific Dominates the Global Mobile Crusher and Screener Market Share

By region, Asia-Pacific leads the market share due to higher construction and infrastructure development. Government investment through incentives, aids, and projects are expected to fuel the regional growth. Countries in Asia-Pacific, especially China and India, are experiencing rapid urbanization and significant infrastructure projects. It includes the construction of roads, bridges, railways, and residential buildings, which increases the demand for mobile crushers and screeners for processing construction and demolition debris. Asia-Pacific is a major hub for mining activities, with significant reserves of minerals and metals. Countries such as Australia, China, and India are major producers of coal, iron ore, and other minerals, driving the demand for mobile crushing and screening equipment in mining operations. Other than mining, mobile crushers and screeners helps the metal recycling through different ways of metallurgy operations. Governments in the region invest hugely in recycling projects as well, fueling the overall demand for the global mobile crusher and screener market.

For instance, in March 2023, the government of India announced its plan to monetize assets worth USD 3.68 billion in the mining sector over FY2022-FY2025. As of FY2022, the number of reporting mines in India were estimated at 1,425, out of which reporting mines for metallic minerals were estimated at 525 and non-metallic minerals at 720.

Future Market Scenario (2024 – 2031F)

1. Emerging economies such as China and India are building their infrastructure and investing huge capital in mining and exploration. It is likely to fuel market growth during the forecast period.

2. The advent of efficient electric crushers and screeners is expected to expand market.

3. Increased automation and digitization along with higher focus on enhanced mobility and flexibility is anticipated to reshape the market dynamics.

4. Higher demand from mining, recycling, and waste management sectors is projected to propel market growth globally.

Report Scope

“Mobile Crusher and Screener Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global mobile crusher and screener market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business models, competitive intelligence, etc.

Contact
Mr. Vivek Gupta
5741 Cleveland street,
Suite 120, VA beach, VA, USA 23462
Tel: +1 (757) 343-3258
Email: info@marketsandata.com
Website: https://www.marketsandata.com/

Pressemitteilung teilen:

Schreibe einen Kommentar