Global Mobile Crushers and Screeners Market 2017-2021
About Mobile Crushers and Screeners
Crushers are extensively used in the construction and mining industry. They are used to mechanically break large-sized rocks and ores into smaller ones. Crushers hold a big ore or rock between two parallel solid surfaces. After which a significant amount of force is applied between these two surfaces that generate sufficient energy to break the ore into finer and smaller parts. Crushers reduce the amount of manpower required to crumble big rocks. They are undoubtedly effective and efficient than manual crushing.
Technavio’s analysts forecast the global mobile crushers and screeners market to grow at a CAGR of 3.18% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mobile crushers and screeners market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Mobile Crushers and Screeners Market 2017-2021
Technavio recognizes the following companies as the key players in the global mobile crushers and screeners market: Anaconda Equipment, Komatsu, Metso, Sandvik, and Terex
Other Prominent Vendors in the market are: Atlas Copco, McCloskey International, HARTL HOLDING, Kleemann, Portafill International, RUBBLE MASTER, SBM Mineral Processing, thyssenkrupp, Liugong Machinery, Shanghai Shenbang Group, Shanghai Zenith Company, DSMAC, Truston Technologies, and IROCK CRUSHERS.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Mobile crushers and screeners have low fuel emissions. At present, many environmental, vehicular, and equipment emission controlling bodies across the world have been increasingly applying for stricter emission norms. Owing to this, it is expected that mobile crushers and screeners vendors are focusing on manufacturing equipment that will have lower carbon emissions. If increasing number of countries try to follow the EU and US emission standards with respect to construction equipment then the vendors in this market will be prompted to manufacture equipment with fewer carbon emissions. This has prompted many vendors to start producing mobile crushers and screeners that have low carbon emissions. This will help vendors to have a stock of upgraded mobile crushers and screeners that comply with the US and the EU emission standards in case other countries need to adopt these emission standards too.”
According to the report, one of the major drivers for this market is Increase in number of smart cities. The number of smart cities is expected to rise significantly by 2025. It is expected that a total of 67 new smart cities are expected to be built during 2013-2025. The rising population density in urban areas is expected to drive the demand for new cities to accommodate the growing occupants. As of 2015, according to the World Bank, 53.85% of the total world population resided in urban areas. This population is expected to grow during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is High ownership costs. Mobile crushers and screeners are heavy-duty equipment and are complex in nature. These are used for large mining and construction projects. They serve multiple functions. Expensive raw materials and mechanical parts such as high-power rating engines, conveyor belts, and metal alloy structure are used to build mobile crushers and screeners. These factors increase the overall cost of manufacturing mobile crushers and screeners. In addition, the cost of maintenance of these machines is high because of their complex functioning. Performing a minute repair work with this equipment requires high expertise and is a tiresome task.
Anaconda Equipment, Komatsu, Metso, Sandvik, Terex, Atlas Copco, McCloskey International, HARTL HOLDING, Kleemann, Portafill International, RUBBLE MASTER, SBM Mineral Processing, thyssenkrupp, Liugong Machinery, Shanghai Shenbang Group, Shanghai Zenith Company, DSMAC, Truston Technologies, and IROCK CRUSHERS.