Industry: Industrial Automation
Published Date: January-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 220
Report ID: PMRREP17458
The Global Mobile Crushers And Screeners Market was valued at US$ 2,878.3 Million in 2022 and is projected to expand steadily at a CAGR of 7.8 % to reach a market valuation of close to US$ 6,806.1 Million by 2033.
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Mobile Crushers and Screeners Market Size (2022A) |
US$ 2,878.3 Million |
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Estimated Market Size (2023E) |
US$ 3,100.4 Million |
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Projected Market Value (2033F) |
US$ 6,806.1 Million |
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Value CAGR (2023 to 2033) |
7.8 % |
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Collective Share: Top 3 Countries (2023E) |
44.5 % |
The global market for mobile crushers and screeners is expected to grow significantly in the coming years. With increasing investment in infrastructure projects, smart cities, and mining activities, there is likely to be a strong demand for construction aggregate. Infrastructure sector includes the expansion of highway networks, railways, and airports, dams in developing regions.
East Asia is anticipated to hold a significant portion of the market due to the growing construction and mining industries and the region is anticipated to grow the overall mobile crusher and screeners market during the forecast period. PMR estimates that 33.4 % of the market will come from East Asia.
From 2018 to 2022, the global market for mobile crushers and screeners expanded at a CAGR of around 5.0%. Over the last few years, the east Asian region has grown with a phenomenal CAGR. COVID-19 has an impact on every sector, including construction, mining, and every end-use sector. Construction activity were halted which stop the demand of stone quarry. This has a negative impact on the revenue flow of the global crushers and screeners market.
The use of mobile crushers and screeners in the stone quarry sector is rapidly increasing due to their many benefits. Operators are increasingly realizing that these machines can significantly reduce production costs and increase productivity.
The global market for mobile crushers and screeners used in mining and construction is expected to experience significant growth over the next few years. Rising operating costs, combined with a lack of skilled labor, are driving demand for these machines which can provide a more efficient way of processing materials. Furthermore, mobile crushers can be easily calibrated for precise output sizes which makes them suitable for a variety of applications including asphalt recycling, aggregate production and sand manufacturing. Mobile crushers and screeners are replacing stationary crushing facilities as a result of the quick uptake of mobile technologies and automation.
The market is expanding as a result of the expansion of the construction and urban infrastructure industries in East Asia and South Asia & Pacific. Also, the use of mobile equipment for crushing and screening on-site helps minimize material transportation costs and increase productivity, which fuels the expansion of the global market for mobile crushers and screeners.
Owing to rapid industrial and positive technological development has generated lucrative market opportunities for the crushers and screeners market. Expansion of various infrastructure projects in emerging economies, such as China, and India is expected to be a key factor for the mobile crushers and screeners market growth in East Asia and South Asia & Pacific region. Persistence Market Research projects the market to expand at a 7.8 % CAGR through 2033.
‘’Reduction in the Transportation Cost’’
Mobile crushers and screeners are used in the stone quarry where transportation and lack of labour are serious concerns. Mobile crushers conduct on-site crushing of materials, thus saving a lot of material transportation costs. Both crushers and screeners are used in the construction industry, stone quarry, mining, material recycling, and others.
A general reduction in transportation costs due to the introduction of mobile crushers and screeners is the key driver responsible for the growth of the overall market across the globe. Mobile crushers and screeners can be transported to quarrying site can be simultaneously used for processing at the mining and construction site at any desired location. As a result, there is a reduction in the time and cost associated with transporting raw materials for further processing.
These machines offer a variety of advantages over stationary equipment including cost savings on fuel consumption and labor costs as well as improved safety for workers due to their ergonomic design.
The impact of transportation cost is moderate in the market at the moment. However, with growing construction and mining activities, this factor will play an important role in the future and hence, will drive the overall market
‘’Rising investment in Infrastructure Development’’
Governments of key growing countries such as China, India, and South Korea are prioritizing on infrastructure development. Under its latest five-year plan, China is focusing on developing new highways, airports, oil and gas pipelines, etc. On the similar lines, in coming years, massive developments related to the construction of roads, buildings, and bridges will be seen across India, which will provide traction to the growth of the screening and crushing equipment industries over the forecast period.
Mining is expected to be the key growing segment during the forecast period, due to increased infrastructure development in the industrial, commercial, and residential sectors in East Asia, South Asia & the Pacific region. The residential sector in the semi-urban and urban area is rapidly growing, resulting in a significant contribution to the market growth. A range of factors including affordable housing costs in metropolitan areas, improved infrastructure, and increasing economic activities are driving this growth.
Stringent regulations by government authorities have incentivised developers to adopt eco-friendly construction practices which requires more use of advanced construction materials like insulated bricks and prefabricated panels. This has further pushed up the demand for construction materials from both commercial as well as residential projects.
The increased adoption of automation and mobile technologies has led to the switch from stationary crushing plants to mobile crushers and screeners. The expansion of the worldwide mobile crushers and screeners market is anticipated to be driven by quarry operators' and builders' activities throughout the forecast period.
“Innovative Product Offerings”
The development of technologically improved products has created a significant potential opportunity for the global market for mobile crushers and screeners. The leading producers of mobile crushers and screeners are concentrating on product differentiation through innovation through investments in product development, the introduction of products with value-added features, and the investigation of new applications.
Mobile crushing and screening equipment manufacturers are developing electric versions of their machines in an effort to lower processing costs overall, particularly the cost of fuel used to process raw materials.
Advancement in technology has enabled manufacturers of mobile crushers and screens to develop efficient devices that can handle high-capacity crushing needs with relative ease. These developments are likely to have a positive effect on the sales of such machines going forward. The features like automation, remote control operation and enhanced safety features have also made these devices more attractive investments compared with traditional stationary crushing machinery.
Key players in the market are focusing on providing customized mobile crushers and screeners that are suitable for specific consumer needs.
Which Country is dominating the Mobile Crushers and Screeners Market?
"China dominates the market for mobile crushers and screeners."
The China Mobile Crushers and Screeners Market is expected to reach US$ 4969.7 Million in East Asia by 2023.
China is playing a significant role in boosting the growth of the global market for mobile crushers and screeners. The country currently holds 31.4% of the market value and is expected to hold 36.6% by the end of the forecast period. The presence of huge numbers of mines in the country, coupled with the growing construction sector, are the two factors expected to drive the overall market during the forecast period. The country also has a significant number of market participants involved in the manufacturing and sales of mobile units across the globe. According to the study, the Chinese market will exceed US$ 2,736.6 Million in revenue by the end of 2033.
What is the outlook of the Indian market for mobile crushers and screeners?
“India is Dominating Mobile Crushers and Screeners Market in Asia pacific Region”
From 2023 to 2033, India is estimated to grow at a CAGR of 11.9 %. Growing infrastructural investment in India are the key reason for the demand of mobile crushers and screeners in the region. Also, some of the key construction activities in India include infrastructural development in Tier-1 and Tier-2 cities, improved spending on public initiatives such as transportation, and higher spending on the commercial building landscape.
The recent surge in investments by both private and public sectors has propelled India’s construction industry towards a path of high growth. This is largely attributed to the government's focus on boosting the sector through relaxation of restrictions and budgetary allocations.
The monumental Special economic and comprehensive package announced by the Prime Minister in May 2020, which has dedicated over US$ 270 Bn (INR 20 Lakh Crore) for developing self-reliant nation is expected to benefit domestic construction industry which will indirectly boost the demand of the mobile crushers and screeners market in the region. Moreover, new housing projects are also underway as part of Pradhan Mantri Awas Yojana (PMAY), along with smart city initiatives that require significant construction activities.
All these factors contribute to an increase in demand for construction activities at both the national and local levels across various sectors such as residential, industrial commercial etc. The Indian market will surpass revenues worth US$ 511.0 Million by the end of 2033.
Which End Use is Anticipated to Dominate the Market Growth?
“The construction industry dominates the market in the applications segment.”
The construction segment is expected to dominate the mobile crushers and screeners market in 2023 and will continue to do so throughout the forecast period.The segment is expected to individually account for 56.2% of the total sales revenue in 2023. Rising urbanisation in India, coupled with an increasing population. Rapid growth in the residential sector in urban as well as semi-urban areas in India will contribute significantly to market growth.
The primary reason driving greater demand for these products is the heightened construction of commercial and residential buildings. As a result, higher demand for sand and rock aggregates from the construction industry will drive up the demand for mobile crushing and screening units in the coming decades. Subsequently, the demand for these mobile crushers and screeners for processing and manufacturing aggregates is expected to surge. Between 2023 to 2033, the construction segment is expected to generate an absolute dollar opportunity of more than US$1,426.6 Million.
Which Product Type Dominates the Market for Mobile Crushers and Screeners Globally?
“Mobile crusher holds the prominent market share”
By product type, the mobile crusher is projected to create an absolute dollar opportunity of more than US$ 2,927.4 Million between 2023 to 2033. The segment is expected to grow with a value CAGR of 7.9% between 2023 to 2033.
Mobile crushing equipment is an invaluable tool in the modern construction and resource extraction industries. Track-mounted rock crushing equipment has the ability to move quickly between and within production sites, providing efficiency and cost-effectiveness for operators looking to maximize output. This type of equipment is especially useful in areas with limited space or terrain, allowing operators to get work done quickly and safely.
The mobile nature of this type of equipment also offers increased flexibility; it can be used for multiple tasks on a variety of different surfaces and locations, including hard surfaces such as concrete or asphalt, softer surfaces like gravel or dirt roads and even indoors on floors or other manufactured products. Additionally, because it doesn't require large amounts of setup time like some traditional stationary stone crushers do, mobile track-mounted rock crushing machines are able to enter production sites more efficiently while still maintaining high levels of productivity. Among the mobile crushers and screeners market segments, the largest is the mobile crushers segment in terms of value, which represented 76.9% of the market value share in 2023.
The mobile crusher and screener manufacturer has increased acquisition and expansion, as well as collaboration activities, in recent years to enhance market presence. Key manufacturers offer a diverse range of mobile crushers and screeners, as well as services that are tailored to each end users.
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Attribute |
Details |
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Forecast Period |
2023 to 2033 |
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Historical Data Available for |
2018 to 2022 |
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Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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Customization & Pricing |
Available upon Request |
By Product Type, the Global Mobile Crushers And Screeners Market is segmented as:
By End Use, the Global Mobile Crushers And Screeners Market is segmented as:
By Region, the Global Mobile Crushers And Screeners Market is segmented as:
To know more about delivery timeline for this report Contact Sales
The Global Mobile Crushers And Screeners Market is estimated to be around US$ 2,878.3 Million in 2022.
The demand for Mobile Cruhsers and Screeners is projected to increase by CAGR of 7.8% during the forecasted period from 2023 to 2033.
The demand in India is projected to grow at 11.9% CAGR from 202 and 2033 by value.
Astec Industries, Thyssenkrupp AG, Terex Corporation, Metso Corporation, Sandvik AB, McCloskey International, Kleemann GmbH, SBM Mineral Processing GmbH, Striker Australia Pty Ltd are the top players holding 70% to 75% of the market share in the Mobile Crushers and Screeners market.
The market for Mobile Crushers and Screeners by volume in China is expected to surge at 8.6 % CAGR through 2033.
