Global mobile crushers and screeners market to reach $4.35 billion by 2030: Allied Market Research
Allied Market Research
4 min read
Allied Market Research
Low transportation costs, surge in construction spending, and increase in urbanization with surge in population drive the growth of the global mobile crushers and screeners market. Asia-Pacific held the highest share in 2020, and is expected to continue its dominance in terms of revenue by 2030. Manufacturing activities of mobile crushers and screeners were stopped partially or completely due to lack of raw materials and manpower.
Portland, OR, June 09, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global mobile crushers and screeners market generated $2.46 billion in 2020, and is estimated to reach $4.35 billion by 2030, witnessing a CAGR of 5.7% from 2021 to 2030. The report offers a detailed analysis of changing market trends, key investment pockets, top segments, regional landscape, value chain, and competitive scenario.
Low transportation costs, surge in construction spending, and increase in urbanization with rise in population drive the growth of the global mobile crushers and screeners market. However, inadequate industry infrastructure and rise in carbon emissions restrain the market growth. On the other hand, surge in government investments in the infrastructure sector creates new opportunities in the coming years.
Owing to lockdown restrictions imposed by governments, there were halt in business operations for a short term. This directly impacted the revenue flow of the global mobile crushers and screeners market.
Manufacturing activities of mobile crushers and screeners were stopped partially or completely due to lack of raw materials and manpower. However, the market is expected to recover post-pandemic.
The report offers detailed segmentation of the global mobile crushers and screeners market based on product type, solutions, end user, and region.
Based on product type, the mobile crushers segment contributed to the highest share in 2020, contributing to nearly three-fourths of the total share, and is projected to continue its lead position during the forecast period. Moreover, this segment is expected to manifest the largest CAGR of 6.0% from 2021 to 2030. The research also analyzes the mobile screeners segment.
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Based on end user, the stone quarry segment held the highest share in 2020, contributing to nearly two-thirds of the total share of the global mobile crushers and screeners market, and is projected to maintain its leadership status position during the forecast period. However, the material recycling segment is estimated to manifest the fastest CAGR of 7.4% from 2021 to 2030.
Based on region, Asia-Pacific held the highest share in 2020, accounting for more than three-fifths of the total market share, and is expected to continue its dominance in terms of revenue by 2030. However, Europe is estimated to portray the largest CAGR of 6.2% during the forecast period.
Leading players of the global mobile crushers and screeners market analyzed in the research include Komatsu Ltd., Terex Corporation, Sandvik AB, Kleemann GmbH, SBM Mineral Processing, Anaconda Equipment Ltd., McCloskey International, Astec Industries, Inc., Metso Corporation, and Lipmann Milwaukee, Inc.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
