PUBLISHER: Grand View Research | PRODUCT CODE: 1888946
PUBLISHER: Grand View Research | PRODUCT CODE: 1888946
The global metal shredder machine market size was estimated at USD 1,408.4 million in 2024 and is projected to reach USD 2008.0 million by 2033, growing at a CAGR of 4.1% from 2025 to 2033. The market is driven by the rising volume of scrap generation across automotive, construction, and manufacturing industries.
Growing emphasis on metal recycling to reduce environmental impact and conserve resources further boosts equipment demand. Governments worldwide are strengthening recycling regulations, creating a favorable landscape for advanced shredding solutions.
Surging demand for efficient waste management systems is pushing industries to invest in modern metal shredding technologies. Shredders enable cost-effective material recovery, helping companies optimize operations and reduce disposal expenses. Technological advancements such as energy-efficient drives, smart monitoring systems, and wear-resistant components are enhancing machine performance. Expansion of e-waste recycling and sustainable production practices also accelerates market growth.
Global Metal Shredder Machine Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global metal shredder machine market report based on product,processed material, end-use, and region.