Crushing equipment market; Growth opportunities led by Astec Industries Inc. and Caterpillar Inc.
NEW YORK, Jan. 10, 2023 /PRNewswire/ -- The crushing equipment market size is forecast to increase by USD 488.68 million from 2022 to 2027, at a CAGR of 4.27%, according to the recent market study by Technavio. The growth of the market will be driven by the use of artificial sand for construction work, rising demand for housing projects globally, and stability in crude oil prices.
Technavio categorizes the global crushing equipment market as a part of the global industrial machinery market, which covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including Astec Industries Inc., Caterpillar Inc., Deere and Co., Eagle Crusher Company Inc., FLSmidth and Co. AS, IROCK Crushers, Komatsu Mining Corp., McLanahan Corp., Metso Outotec Corp., Minyu Machinery Corp., Mormak Equipment Inc., R.R. EQUIPMENT Co., Rock Engineered Machinery Co. Inc., Sandvik AB, SCREEN MACHINE INDUSTRIES LLC, Shibang Industry and Technology Group Co. Ltd., Terex Corp., The Weir Group Plc, thyssenkrupp AG, and Zhengzhou YiFan Machinery Co. Ltd.
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Key Benefits for Industry Players & Stakeholders –
The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
Furthermore, market adoption rates for all regions have been covered.
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The market is segmented by type (jaw crushers, roller crushers, cone crushers, and others), end-user (mining, quarrying, recycling, construction and infrastructure, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
Segmentation by type (Inclusion/Exclusion)
Jaw crushers
The jaw crushers segment was valued at USD 771.69 million in 2017 and continued to grow until 2021. The segment is driven by technological advances in the features of jaw crushers and increasing industrial and infrastructure development activities in developing countries.
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What are the key data covered in this crushing equipment market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the crushing equipment market between 2023 and 2027
Precise estimation of the size of the crushing equipment market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the crushing equipment market industry across APAC, North America, Europe, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of crushing equipment market vendors
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The pump jack market size is expected to increase by USD 987.08 million from 2021 to 2026, and the market's growth momentum will decelerate at a CAGR of 4.78%. The benefits of pump jacks is notably driving the pump jack market growth, although factors such as the growing adoption of alternative artificial lift techniques may impede the market growth.
The mobile crushers and screeners market size has the potential to grow by USD 481.12 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 4.18%. The rising demand for artificial sand is one of the major factors driving the mobile crushers and screeners market growth. However, factors such as the increased popularity of rental construction equipment will challenge the growth of the market participants.
Crushing Equipment Market Scope
Report Coverage
Details
Page number
178
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 4.27%
Market growth 2023-2027
USD 488.68 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
3.45
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 47%
Key countries
US, Canada, China, Japan, and India
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Astec Industries Inc., Caterpillar Inc., Deere and Co., Eagle Crusher Company Inc., FLSmidth and Co. AS, IROCK Crushers, Komatsu Mining Corp., McLanahan Corp., Metso Outotec Corp., Minyu Machinery Corp., Mormak Equipment Inc., R.R. EQUIPMENT Co., Rock Engineered Machinery Co. Inc., Sandvik AB, SCREEN MACHINE INDUSTRIES LLC, Shibang Industry and Technology Group Co. Ltd., Terex Corp., The Weir Group Plc, thyssenkrupp AG, and Zhengzhou YiFan Machinery Co. Ltd.
Market dynamics
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the 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.
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.
Table of contents:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global crushing equipment market 2017 - 2021
4.2 Type Segment Analysis 2017 - 2021
4.3 End-user Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Type
6.1 Market segments
6.2 Comparison by Type
6.3 Jaw crushers - Market size and forecast 2022-2027
6.4 Roller crushers - Market size and forecast 2022-2027
6.5 Cone crushers - Market size and forecast 2022-2027
6.6 Others - Market size and forecast 2022-2027
6.7 Market opportunity by Type
7 Market Segmentation by End-user
7.1 Market segments
7.2 Comparison by End-user
7.3 Mining - Market size and forecast 2022-2027
7.4 Quarrying - Market size and forecast 2022-2027
7.5 Recycling - Market size and forecast 2022-2027
7.6 Construction and infrastructure - Market size and forecast 2022-2027
7.7 Others - Market size and forecast 2022-2027
7.8 Market opportunity by End-user
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
9.4 North America - Market size and forecast 2022-2027
9.5 Europe - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 China - Market size and forecast 2022-2027
9.9 US - Market size and forecast 2022-2027
9.10 Japan - Market size and forecast 2022-2027
9.11 India - Market size and forecast 2022-2027
9.12 Canada - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Astec Industries Inc.
12.4 Deere and Co.
12.5 Eagle Crusher Company Inc.
12.6 FLSmidth and Co. AS
12.7 IROCK Crushers
12.8 Komatsu Mining Corp.
12.9 McLanahan Corp.
12.10 Metso Outotec Corp.
12.11 Minyu Machinery Corp.
12.12 Mormak Equipment Inc.
12.13 Sandvik AB
12.14 Shibang Industry and Technology Group Co. Ltd.
12.15 Terex Corp.
12.16 The Weir Group Plc
12.17 thyssenkrupp AG
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/
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