What is Crushing Equipment?
Crusher equipment is heavy machinery designed to break the stone into small fragments called aggregates. It may be used to reduce the size or change the form of waste materials so they can be more easily disposed of or recycled or to reduce the size of a solid mix. It holds material that is going to crushed between two parallel or tangent solid surfaces and applies sufficient force to bring the surfaces together to generate enough energy within the material being crushed so that its molecules separate from or change alignment in relation to each other. It has demand in the construction and mining industry due to the low cost of transportation. Crusher equipment manufacturers are focusing to design electric crushers.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Metso (Finland), Sandvik (Sweden), IROCK Crusher (United States), Terex Corporation (United States), Caterpillar Inc. (United States), Komatsu Ltd. (Japan), Joy Global Inc. (United States), ThyssenKrupp (Germany), Eagle Crusher Company Inc. (United States) and R.R. EQUIPMENT (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Jaw Crusher, Cone Crusher, Impact Crusher, Gyratory crushers, Compound crusher and Others) , by application (Mining, Rock Quarries, Mineral Processing, Recycling and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Crushing Equipment market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Crushing Equipment market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Metso (Finland), Sandvik (Sweden), IROCK Crusher (United States), Terex Corporation (United States), Caterpillar Inc. (United States), Komatsu Ltd. (Japan), Joy Global Inc. (United States), ThyssenKrupp (Germany), Eagle Crusher Company Inc. (United States) and R.R. EQUIPMENT (United States).
Market Overview:
On 1st March 2018, FLSmidth completed the acquisition of Sandvik’s Mining Systems. The deal will see the integration of continuous surface mining and minerals handling technologies into the company's core minerals sector, thereby allowing it to cover a wider range of the mining value chain.
Influencing Trend:
Automation of Crushing Equipment and Demand for Crushing Equipment with Less Carbon Emissions
Market Growth Drivers:
Increasing Demand from Construction Industry and Development of Construction Industry Worldwide
Challenges:
Emissions during the Mining, Screening and Crushing Operations Creates Environmental Issues
Restraints:
Rising Cost of the Crusher Equipment
Opportunities:
Expansion of Sand Manufacturing Industry Worldwide, Increasing Demand from End-user Industry and Technological Advancements in the Crushing Equipment
Key highlights of the Global Crushing Equipment market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Crushing Equipment market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Crushing Equipment market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Crushing Equipment Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Crushing Equipment market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Crushing Equipment market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Crushing Equipment Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.