Mobile Crushers and Screeners Market: Understanding the Growth Scenario and Global Trends from 2020-2030
According to an analysis of Allied Market Research, the global mobile crushers and screeners market size was valued at $2,467.5 million in 2019 and is expected to reach $4,354.9 million by 2030, with a CAGR of 5.7% from 2020 to 2030.
The report provides an insightful analysis of the competitive landscape, aiming to support leading players in enhancing their market share. By utilizing Porter’s Five Forces model, the study examines various dynamics at play. Furthermore, the report profiles prominent companies, offering perspectives on their financial performance. Additionally, the report discusses factors influencing the market at length. These include drivers, restraints, and opportunities. It also assesses the industry scope across four major regions namely Asia-Pacific, Europe, North America, and LAMEA.
The research states that the growth of infrastructure projects in developing regions is significantly contributing to the growth of the landscape. However, it faces hindrances in developing countries due to power shortages and inadequate infrastructure. Additionally, the reliance on diesel-powered equipment, which contributes to high carbon emissions restrains the expansion to some extent.
A note on the company profiles
The company profiles in the study highlight strategic initiatives including acquisitions and mergers, new agreements, partnerships, and joint ventures. It also mentions R&D investments, product launches, and regional expansions of major companies in the industry. The leaders studied in the report are Komatsu Ltd., Sandvik AB, Terex Corporation, SBM Mineral Processing, Kleemann GmbH, McCloskey International, Anaconda Equipment Ltd., Metso Corporation, Astec Industries Inc., and Lippmann Milwaukee, Inc.
Prominent trends in the global scenario
Increased demand for mobility and flexibility
The demand for mobile crushers and screeners is on the rise as these machines are preferred for their ability to move easily between job sites. They provide greater flexibility for mining, construction, and recycling operations.
Adoption of electric and hybrid models
There is a noticeable preference toward electric and hybrid mobile counterparts driven by the need to reduce emissions and follow sustainable practices. These models offer reduced fuel consumption, lower emissions, and quieter operations, making them more attractive for environmentally conscious businesses.
Integration of IoT and AI for improved efficiency
The integration of IoT and AI is improving the performance and monitoring capabilities of mobile crushers and screeners. These technologies enable real-time data collection, predictive maintenance, and operational optimization. This reduces downtime and lowers the overall spending to a large extent.
Growth in recycling and waste management
The rising emphasis on waste reduction boosts the demand for mobile crushers and screeners in the recycling sector. These machines are essential for processing construction debris, demolition waste, and other recyclable materials. They support the circular economy and reduce landfill use.
To sum up, the AMR study provides valuable insights and market intelligence across various aspects of the industry. The report's regional and segmental studies help stakeholders adopt the evolving dynamics of the sector. It allows them to execute their strategies effectively, to meet their highest growth objectives.
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