Report offers insight on mobile crushing, screening market

By |  February 1, 2017
Photos courtesy of IRock Crushers

Mobile crushers accounted for 73.8 percent of the overall market in 2015, according to Allied Market Research. Photo courtesy of IRock Crushers

A report published by Allied Market Research titled, “Mobile Crushers and Screeners Market: Global Opportunity Analysis and Industry Forecast, 2014-2022,” projects the market to reach $2.55 billion by 2022.

Mobile crushers dominated the market in 2015 and are estimated to maintain a dominant position into 2022, the firm says.

According to Allied Market Research, the key factors driving the market for mobile crushers and screeners are the growth in urban infrastructure development and the growth in the construction industry in Asia-Pacific and LAMEA (Latin America, Middle East and Africa). Governments in these countries are also making significant investments in the development of roads, railway tracks and airports.

Still, market growth for mobile crushers and screeners is being restricted by inadequate infrastructure facilities required for operation of equipment, as well as by the equipment’s high carbon emissions, says Allied Market Research. Infrastructure problems such as continuous power supply, improper roads, inadequate rail and airport links, and water supply problems restrict market growth, as well.

Mobile crushers accounted for around 73.8 percent of the overall market in 2015, the firm says. The market for this equipment is estimated to have significant growth over the firm’s forecast period mainly due to an increase in mining and construction activities in emerging countries. The equipment’s increase in application in the material recycling sector further contributes to market growth.

“The market for mobile crushers and screeners is expected to grow mainly due to increase in construction and mining activity in the emerging countries,” says Deepankar Bose, manager of construction equipment research domain at Allied Market Research. “Development of new mobile crushers offering high efficiency and flexible configuration will also have substantial impact on the growth of the market. The growth in need for equipment that offers better operational efficiency also affects the market for mobile crushers and screeners.”

Stone quarry was the most dominant application for mobile crushers and screeners in 2014, the firm says, and is expected to maintain its position over Allied Market Research’s forecast period. The fastest growing application sector for mobile crushers and screeners, however, is the construction industry, which is estimated to grow at a compound annual growth rate of 6.3 percent between 2016 and 2022.

As for mobile screeners, vibratory screeners accounted for the majority share of around 70 percent in 2015. Vibratory screeners are expected to maintain their dominant position over the analysis period, according to Allied Market Research. The dominant position of vibratory screeners is due to their high capacity and efficiency. The vibratory screeners segment is also estimated to have the fastest growth during the forecast period.

The market for mobile crushers and screeners on the basis of geography is segmented into North America, Europe, Asia-Pacific and LAMEA. Asia-Pacific is the most dominant regional market for mobile crushers and screeners and is expected to maintain its dominant position over the forecast period. The Asia-Pacific region is also expected to be the fastest growing regional market owing to an increase in infrastructure development in countries such as China, India and Japan.

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Kevin Yanik is editor-in-chief of Pit & Quarry. He can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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