South Africa Cone Crusher Market By Type (Symons, Hydraulics, and Gyratory), By End-User Industry (Mining, Construction and Recycling), By Mobility (Stationary, Portable-Wheeled, and Portable-Tracked Mounted), By Sales Type (New Equipment Sales and Aftermarket Sales), By Power Source (Electric Connection, Diesel Connection, Dual Connection), By Region, Competition Forecast & Opportunities, 2027
The South Africa cone crusher market is expected to witness a growth of steady CAGR in the forecast period, 2023-2027. High demand from various end-user industries, including mining, processing and demolition, construction, and other activities, and the rise in adoption of advanced technologies such as internet of things technology to improve product performance, are the primary factors driving the demand for the South African cone crusher market. Also, ongoing infrastructural development projects and a growing construction industry in the country are expected to boost the South African cone crusher market in the forecast period.
Ongoing Infrastructural Development Project Drives the Market Growth
To boost the country’s economy and promote infrastructure development, the government is making heavy investments and launching projects. The government of South Africa has set up Infrastructure South Africa (ISA) intending to accelerate the infrastructure development in the country. The government has also made a list of 51 infrastructure development projects that are strategically important and is making efforts to ensure that these projects obtain the necessary approvals to ensure smooth operation. Also, the announcement of the National Infrastructure Plan (NIP) 2050 by the leading authorities and pipelining of projects to reach the economic goal are expected to create lucrative opportunities for the South African cone crusher market in the forecast period. Infrastructural development activities require the use of concrete, aggregates, and precast products & elements. The use of precast products & elements and ready-mix concrete lowers the construction process and is cost-effective when manufactured in large quantities. During infrastructure development activities, market players prefer to use automated technology and equipment to lower the construction time, which is expected to propel the South African cone crusher market demand in the next five years.
High Demand from Construction Industry Supports the Market Growth
The demand for cone crushers from construction and road-laying operations is growing at a significant rate. Development in cone crusher technology makes it capable of separating bitumen and aggregates for reuse as new asphalt. The growing demand for recycled material from the construction industry and the use of cone crushers with jaw crushers to improve the capacity and speed during operations are bolstering the demand for advanced construction equipment. Hence the need to lower the construction time and make the construction process cost-effective is expected to accelerate the South African cone crusher market growth in the next five years.
Ongoing Advancements in Technology Boost the Market Growth
Market players make high-end investments in research and development activities to advance the existing infrastructure and find innovative solutions to increase the efficiency and performance of cone crushers. Leading players are also launching liner profiling program systems that offer improved protection of mantle and concave replacement and can predict the wear life of cone crushers. It can also identify wear and asymmetric areas and measure open and closed-side settings. Market players also introduce connected variants with built-in computer intelligence and automation and connectivity systems. Continuous innovation and the launch of advanced cone crushers to improve performance and maximize uptime are expected to accelerate market growth in the next five years.
The South Africa cone crusher market is segmented into type, end-user, mobility, sales type, power source, company, and regional distribution. Based on type, the market is divided into Symons, hydraulics, and gyratory. Based on the end-user industry, the market is divided into mining, construction, and recycling. Based on mobility, the market is divided into stationary, portable-wheeled, and portable-tracked mounted. Based on sales type, the market is divided into new equipment sales and aftermarket sales. Based on a power source, the market is divided into electric connection, diesel connection, and dual connection. The market is also studied by dividing South Africa into regions namely KwaZulu-Natal, Eastern Cape, Gauteng, Rest of South Africa.
Kenmore Group of Companies, Babcock International, Metso Corporation, Westpro Machinery Inc., Terex, Sandvik, Global Mining Crusher, Sky Machinery, Telsmith, ThyssenKrupp AG, FLSmidth & Co. A/S, Puzzolana, Terex Corporation are the major market players operating in the South Africa cone crusher market.
In this report, the South Africa cone crusher market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
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