Crushing Equipment Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR43947
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The crushing equipment market has the potential to grow by USD 342.32 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.20%.

This crushing equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (jaw crushers, roller crushers, cone crushers, and others) and geography (APAC, North America, Europe, South America, and MEA). The crushing equipment market report also offers information on several market vendors, including Astec Industries Inc., Deere and Co., Eagle Crusher Company Inc., FLSmidth, and Co. AS, Metso Outotec Corp., Minyu Machinery Corp., Sandvik AB, Terex Corp., The Weir Group Plc, and ThyssenKrupp AG among others.

What will the Crushing Equipment Market Size be in 2021?

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Crushing Equipment Market: Key Drivers and Trends

The use of artificial sand for construction work is notably driving the crushing equipment market growth, although factors such as uncertainty in the mining industry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the crushing equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the crushing equipment market is the use of artificial sand for construction work after the ban on river sand mining.
  • The artificial sand produced by the crushing equipment is one of the best substitutes for river sand.
  • The government regulations, increasing prices, and less availability of river sand are increasing the demand for artificial sand in construction projects.
  • The rising number of construction projects will drive the global demand for artificial sand, which, in turn, will lead to the growth of the global crushing equipment market size.
  • The rise in demand for housing projects globally is another key factor supporting the crushing equipment market share growth.
  • The surge in global population coupled with the rising income levels will increase the requirement of building new houses.
  • Strong economic conditions are also a major factor contributing to the demand for housing, both as a necessity and from an investment perspective.
  • The global crushing equipment market demand will grow owing to the increasing growth of the global housing sector driving the demand for construction equipment.

This crushing equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Crushing Equipment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Astec Industries Inc.
  • Deere and Co.
  • Eagle Crusher Company Inc.
  • FLSmidth and Co. AS
  • Metso Outotec Corp.
  • Minyu Machinery Corp.
  • Sandvik AB
  • Terex Corp.
  • The Weir Group Plc
  • thyssenkrupp AG

 

This statistical study of the crushing equipment market encompasses successful business strategies deployed by the key vendors. The crushing equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The crushing equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Crushing Equipment Market?

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50% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the crushing equipment market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The various infrastructure projects in APAC will keep the demand for construction equipment strong and facilitate the crushing equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Crushing Equipment Market?

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The crushing equipment market share growth by the jaw crushers segment will be significant during the forecast period. The major factor for this growth rate is innovation and technological advances in this segment such as the increased crushing rate of materials. The technological advances in the features of jaw crushers have created a positive trend for the global crushing equipment market by jaw crushers. Industrial and infrastructure developments in developing countries are driving the demand for jaw-crushing equipment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the crushing equipment market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Crushing Equipment Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive crushing equipment market growth during the next five years
  • Precise estimation of the crushing equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the crushing equipment industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of crushing equipment market vendors

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Crushing Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.20%

Market growth 2021-2025

$ 342.32 million

Market structure

Fragmented

YoY growth (%)

1.54

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 50%

Key consumer countries

China, US, Russian Federation, India, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Astec Industries Inc., Deere and Co., Eagle Crusher Company Inc., FLSmidth and Co. AS, Metso Outotec Corp., Minyu Machinery Corp., Sandvik AB, Terex Corp., The Weir Group Plc, and thyssenkrupp AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The crushing equipment market growth will increase by $281.30 million during 2019-2024.
The crushing equipment market is expected to grow at a CAGR of 2.68% during 2019-2024.
Technavio has segmented the crushing equipment market by type (Jaw crushers, Roller crushers, Cone crushers, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
Astec Industries Inc., Deere & Co., Eagle Crusher Company Inc., FLSmidth & Co. A/S, Metso Corp., Minyu Machinery Corp., Sandvik AB, Terex Corp., The Weir Group Plc, thyssenkrupp AG are a few of the key vendors in the crushing equipment market.
APAC will register the highest growth rate of 51.39% among the other regions. Therefore, the crushing equipment market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • Russian Federation
  • India
  • Canada
The key factors driving the crushing equipment market growth are:
  • Use of artificial sand for construction work
  • Demand for crushing equipment with less carbon emissions
The crushing equipment market vendors should focus on grabbing business opportunities from the jaw crushers segment as it accounted for the largest market share in the base year.
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