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PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1159501

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PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1159501

Stone Crushing Equipment Market Forecasts to 2028 - Global Analysis By Product Type, Mobility, End User and Geography

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According to Stratistics MRC, the Global Stone Crushing Equipment Market is accounted for $4.94 billion in 2022 and is expected to reach $6.74 billion by 2028 growing at a CAGR of 5.3% during the forecast period. Stone crushing equipment is used to decrease the size or to modify the form of the unprocessed substance by breaking down the stones into small segments. They discover use in a various kinds of fields like building materials, mining, metallurgy, highways, chemistry, railways, etc. They can produce different sizes of crushed stones. They are widely utilized to crush bulk and heavy stones into various sizes efficiently and constantly.

According to a report by the India Brand Equity Foundation (IBEF), the Government of India plans to construct over 100 smart cities across the country. According to world mining data, the total mining production across the globe was accounted to be more than 16.5 billion metric tons.

Market Dynamics:

Driver:

Impact of Mining industry

The mining, metal, and mineral industries are of huge significance to the economies, with the major share of all global mining trade and investment conducted within the region. As per the World Trade Organization, the share of natural resources in whole world exports augmented. The free trade and investment in the mining division replicate the significance of metals and minerals in producing economic expansion as a part in numerous key products that have enhanced living standards. Its collaborative activities support well-managed, efficiently coordinated mining and metallurgical functions, which are sustainable and that contribute to the well being and livelihoods of citizens.

Restraint:

Fluctuating material prices

There are numerous costs related with the manufacturing of crusher that involves huge investments, which augment the price for the operators. The raw material is one of the main aspects of the global crusher market, which accounts for the major share of the total price of manufacture. The prices of materials, such as steel, plastic, copper, and iron, required to manufacture such equipment fluctuate, which could raise the price of the final products. Thus, the fluctuating raw material prices affect the production cost, which is expected to restrict the growth of the global crusher market.

Opportunity:

Rising demand for crusher

Crusher sets are obtainable on rent with different kinds of machinery according to the requirements of projects in the mining industry. The growing demand for rented crushers can be attributed to the lower costs connected with renting than acquiring new equipment. With many small and medium scale manufacturers unable to afford new equipment, the global crusher rental business segment is witnessing decent growth. Consumers can rent different kinds of crushers for a particular project, as per their requirements and period frame, which reduces the overall project cost. However, if they purchase a variety of new equipment for their projects, they must tolerate high expenses.

Threat:

Emissions

Dust emissions influence the climate, damage the material, human health and vegetation. When the total amount of impure particles in the atmosphere increases, impure particles may absorb incoming solar radiation, causing a raise in the atmospheric and land surface temperature. The physical properties of atmospheric impure particles change human health either by allowing penetration of the lung and causing irritation to the internal membrane, or by transporting absorbed toxic gases and vapors deeper into the lung than they would usually travel.

COVID-19 Impact

The outbreak of COVID-19 has severely disrupted the supply chain, resulting in a lack of raw materials and components necessary for manufacturing crushers. Due to supply chain disruptions and contractual implications, equipment manufacturers are facing complicated situations in obtaining low cost raw material as the manufacturing units are closed. Moreover, the key manufacturing players in all the regions are emphasizing the development of new strategies to meet the consumer demands in the various countries across the globe. Consequently, it causes significant difference in the prices materials. In addition, international transportation was strictly hit by the outbreak of the pandemic.

The jaw crusher segment is expected to be the largest during the forecast period

The jaw crusher segment is estimated to have a lucrative growth, due to its performance. It is commonly utilized in a variety of industry segments like construction, metallurgy, and mining, for crushing different materials like rocks, marbles, granite, iron ore, and copper ore. They are engaged by contractors because of their uncomplicated maintenance and uncomplicated design features. It can execute well even in high pressure, and there is no necessity to add and subtract different process gaskets. These machines can be easily relocated for service & maintenance purposes, which decrease the overall operational price in a project, thereby contributing to the stone crushing equipment market growth.

The cone crushers segment is expected to have the highest CAGR during the forecast period

The cone crushers segment is anticipated to witness the fastest CAGR growth during the forecast period, due to their high crushing proportion, smaller extra part necessity, and lower operating expenses. These equipments are extensively used in the building and road construction, metallurgy, chemical, and many other industries for crushing various raw materials. These machines crush the material between concave & convex shaped surfaces. This crusher has steady structures that assist contractors to gain advanced production efficiency.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to significant building projects. The country's rapidly expanding population is generating significant demand for housing projects, and also there is an increase in the mining and construction industry. The focus on improving infrastructure to boost the economic position is also adding to the market opportunity in the region.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the several ongoing and upcoming skyscrapers projects followed by the growing infrastructure investments and the resultant consumption of tools for crushing stones are contributing to the stone crushing equipment market growth. Rise in mining activities are increasing the utilization of stone crushers due to their capability to crush ores, minerals, and rock efficiently. These machines are majorly situated near construction projects where it is essential on a larger scale.

Key players in the market

Some of the key players profiled in the Stone Crushing Equipment Market include Terex Corporation, Joy Global Inc, Sandvik AB, BUCY International, Caterpillar Inc., CNH Global N.V., Komatsu Ltd., Metso Oyj, Eagle Crusher Company Inc., Astec Industries Inc., McLanahan, Weir Group, Zhengzhou YiFan Machinery Co. Ltd., IROCK Crusher, Telsmith Inc., Stedman Machine Company, Thyssenkrupp AG, Minyu Machinery, Kawasaki Heavy Industries, and Tesab Engineering.

Key Developments:

In August 2022, Sandvik has witnessed the investment in its mobile jaw crusher, which has engaged more than 5 jaw crusher units under this investment order.

In July 2022, Metso Oyj signed a strategic agreement with Larsen & Toubro Limited in order to supply four Symons cone crushers for an iron ore crushing and screening plant which is located in National Mineral Development Corporation (NMDC) at Kirandul complex in Chhattisgarh, central India.

In December 2021, Weir Groups Minerals has announced the upgradation of its range new range of Trio TC live-shaft cone crushers' equipment. With new advancements, Trio TC84XR will now feature robust design elements made suitable for mining and sand and aggregate industries.

Products Types Covered:

  • Impact Crusher
  • Cone Crusher
  • Jaw Crusher
  • Gyrator Crusher
  • Other Product Types

Mobilities Covered:

  • Stationary Crushing Equipment
  • Mobile Crushing Equipment
  • Other Mobilities

End Users Covered:

  • Mining and Metallurgy
  • Construction
  • Quarrying
  • Recycling
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Product Code: SMRC22098

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Product Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Stone Crushing Equipment Market, By Product Type

  • 5.1 Introduction
  • 5.2 Impact Crusher
  • 5.3 Cone Crusher
  • 5.4 Jaw Crusher
  • 5.5 Gyrator Crusher
  • 5.6 Other Product Types

6 Global Stone Crushing Equipment Market, By Mobility

  • 6.1 Introduction
  • 6.2 Stationary Crushing Equipment
  • 6.3 Mobile Crushing Equipment
  • 6.4 Other Mobilities

7 Global Stone Crushing Equipment Market, By End User

  • 7.1 Introduction
  • 7.2 Mining and Metallurgy
  • 7.3 Construction
  • 7.4 Quarrying
  • 7.5 Recycling
  • 7.6 Other End Users

8 Global Stone Crushing Equipment Market, By Geography

  • 8.1 Introduction
  • 8.2 North America
    • 8.2.1 US
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 UK
    • 8.3.3 Italy
    • 8.3.4 France
    • 8.3.5 Spain
    • 8.3.6 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 Japan
    • 8.4.2 China
    • 8.4.3 India
    • 8.4.4 Australia
    • 8.4.5 New Zealand
    • 8.4.6 South Korea
    • 8.4.7 Rest of Asia Pacific
  • 8.5 South America
    • 8.5.1 Argentina
    • 8.5.2 Brazil
    • 8.5.3 Chile
    • 8.5.4 Rest of South America
  • 8.6 Middle East & Africa
    • 8.6.1 Saudi Arabia
    • 8.6.2 UAE
    • 8.6.3 Qatar
    • 8.6.4 South Africa
    • 8.6.5 Rest of Middle East & Africa

9 Key Developments

  • 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 9.2 Acquisitions & Mergers
  • 9.3 New Product Launch
  • 9.4 Expansions
  • 9.5 Other Key Strategies

10 Company Profiling

  • 10.1 Terex Corporation
  • 10.2 Joy Global Inc
  • 10.3 Sandvik AB
  • 10.4 BUCY International
  • 10.5 Caterpillar Inc.
  • 10.6 CNH Global N.V.
  • 10.7 Komatsu Ltd.
  • 10.8 Metso Oyj
  • 10.9 Eagle Crusher Company Inc.
  • 10.10 Astec Industries Inc.
  • 10.11 McLanahan
  • 10.12 Weir Group
  • 10.13 Zhengzhou YiFan Machinery Co. Ltd.
  • 10.14 IROCK Crusher
  • 10.15 Telsmith Inc.
  • 10.16 Stedman Machine Company
  • 10.17 Thyssenkrupp AG
  • 10.18 Minyu Machinery
  • 10.19 Kawasaki Heavy Industries
  • 10.20 Tesab Engineering
Product Code: SMRC22098

List of Tables

  • Table 1 Global Stone Crushing Equipment Market Outlook, By Region (2020-2028) ($MN)
  • Table 2 Global Stone Crushing Equipment Market Outlook, By Product Type (2020-2028) ($MN)
  • Table 3 Global Stone Crushing Equipment Market Outlook, By Impact Crusher (2020-2028) ($MN)
  • Table 4 Global Stone Crushing Equipment Market Outlook, By Cone Crusher (2020-2028) ($MN)
  • Table 5 Global Stone Crushing Equipment Market Outlook, By Jaw Crusher (2020-2028) ($MN)
  • Table 6 Global Stone Crushing Equipment Market Outlook, By Gyrator Crusher (2020-2028) ($MN)
  • Table 7 Global Stone Crushing Equipment Market Outlook, By Other Product Types (2020-2028) ($MN)
  • Table 8 Global Stone Crushing Equipment Market Outlook, By Mobility (2020-2028) ($MN)
  • Table 9 Global Stone Crushing Equipment Market Outlook, By Stationary Crushing Equipment (2020-2028) ($MN)
  • Table 10 Global Stone Crushing Equipment Market Outlook, By Mobile Crushing Equipment (2020-2028) ($MN)
  • Table 11 Global Stone Crushing Equipment Market Outlook, By Other Mobilities (2020-2028) ($MN)
  • Table 12 Global Stone Crushing Equipment Market Outlook, By End User (2020-2028) ($MN)
  • Table 13 Global Stone Crushing Equipment Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
  • Table 14 Global Stone Crushing Equipment Market Outlook, By Construction (2020-2028) ($MN)
  • Table 15 Global Stone Crushing Equipment Market Outlook, By Quarrying (2020-2028) ($MN)
  • Table 16 Global Stone Crushing Equipment Market Outlook, By Recycling (2020-2028) ($MN)
  • Table 17 Global Stone Crushing Equipment Market Outlook, By Other End Users (2020-2028) ($MN)
  • Table 18 North America Stone Crushing Equipment Market Outlook, By Country (2020-2028) ($MN)
  • Table 19 North America Stone Crushing Equipment Market Outlook, By Product Type (2020-2028) ($MN)
  • Table 20 North America Stone Crushing Equipment Market Outlook, By Impact Crusher (2020-2028) ($MN)
  • Table 21 North America Stone Crushing Equipment Market Outlook, By Cone Crusher (2020-2028) ($MN)
  • Table 22 North America Stone Crushing Equipment Market Outlook, By Jaw Crusher (2020-2028) ($MN)
  • Table 23 North America Stone Crushing Equipment Market Outlook, By Gyrator Crusher (2020-2028) ($MN)
  • Table 24 North America Stone Crushing Equipment Market Outlook, By Other Product Types (2020-2028) ($MN)
  • Table 25 North America Stone Crushing Equipment Market Outlook, By Mobility (2020-2028) ($MN)
  • Table 26 North America Stone Crushing Equipment Market Outlook, By Stationary Crushing Equipment (2020-2028) ($MN)
  • Table 27 North America Stone Crushing Equipment Market Outlook, By Mobile Crushing Equipment (2020-2028) ($MN)
  • Table 28 North America Stone Crushing Equipment Market Outlook, By Other Mobilities (2020-2028) ($MN)
  • Table 29 North America Stone Crushing Equipment Market Outlook, By End User (2020-2028) ($MN)
  • Table 30 North America Stone Crushing Equipment Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
  • Table 31 North America Stone Crushing Equipment Market Outlook, By Construction (2020-2028) ($MN)
  • Table 32 North America Stone Crushing Equipment Market Outlook, By Quarrying (2020-2028) ($MN)
  • Table 33 North America Stone Crushing Equipment Market Outlook, By Recycling (2020-2028) ($MN)
  • Table 34 North America Stone Crushing Equipment Market Outlook, By Other End Users (2020-2028) ($MN)
  • Table 35 Europe Stone Crushing Equipment Market Outlook, By Country (2020-2028) ($MN)
  • Table 36 Europe Stone Crushing Equipment Market Outlook, By Product Type (2020-2028) ($MN)
  • Table 37 Europe Stone Crushing Equipment Market Outlook, By Impact Crusher (2020-2028) ($MN)
  • Table 38 Europe Stone Crushing Equipment Market Outlook, By Cone Crusher (2020-2028) ($MN)
  • Table 39 Europe Stone Crushing Equipment Market Outlook, By Jaw Crusher (2020-2028) ($MN)
  • Table 40 Europe Stone Crushing Equipment Market Outlook, By Gyrator Crusher (2020-2028) ($MN)
  • Table 41 Europe Stone Crushing Equipment Market Outlook, By Other Product Types (2020-2028) ($MN)
  • Table 42 Europe Stone Crushing Equipment Market Outlook, By Mobility (2020-2028) ($MN)
  • Table 43 Europe Stone Crushing Equipment Market Outlook, By Stationary Crushing Equipment (2020-2028) ($MN)
  • Table 44 Europe Stone Crushing Equipment Market Outlook, By Mobile Crushing Equipment (2020-2028) ($MN)
  • Table 45 Europe Stone Crushing Equipment Market Outlook, By Other Mobilities (2020-2028) ($MN)
  • Table 46 Europe Stone Crushing Equipment Market Outlook, By End User (2020-2028) ($MN)
  • Table 47 Europe Stone Crushing Equipment Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
  • Table 48 Europe Stone Crushing Equipment Market Outlook, By Construction (2020-2028) ($MN)
  • Table 49 Europe Stone Crushing Equipment Market Outlook, By Quarrying (2020-2028) ($MN)
  • Table 50 Europe Stone Crushing Equipment Market Outlook, By Recycling (2020-2028) ($MN)
  • Table 51 Europe Stone Crushing Equipment Market Outlook, By Other End Users (2020-2028) ($MN)
  • Table 52 Asia Pacific Stone Crushing Equipment Market Outlook, By Country (2020-2028) ($MN)
  • Table 53 Asia Pacific Stone Crushing Equipment Market Outlook, By Product Type (2020-2028) ($MN)
  • Table 54 Asia Pacific Stone Crushing Equipment Market Outlook, By Impact Crusher (2020-2028) ($MN)
  • Table 55 Asia Pacific Stone Crushing Equipment Market Outlook, By Cone Crusher (2020-2028) ($MN)
  • Table 56 Asia Pacific Stone Crushing Equipment Market Outlook, By Jaw Crusher (2020-2028) ($MN)
  • Table 57 Asia Pacific Stone Crushing Equipment Market Outlook, By Gyrator Crusher (2020-2028) ($MN)
  • Table 58 Asia Pacific Stone Crushing Equipment Market Outlook, By Other Product Types (2020-2028) ($MN)
  • Table 59 Asia Pacific Stone Crushing Equipment Market Outlook, By Mobility (2020-2028) ($MN)
  • Table 60 Asia Pacific Stone Crushing Equipment Market Outlook, By Stationary Crushing Equipment (2020-2028) ($MN)
  • Table 61 Asia Pacific Stone Crushing Equipment Market Outlook, By Mobile Crushing Equipment (2020-2028) ($MN)
  • Table 62 Asia Pacific Stone Crushing Equipment Market Outlook, By Other Mobilities (2020-2028) ($MN)
  • Table 63 Asia Pacific Stone Crushing Equipment Market Outlook, By End User (2020-2028) ($MN)
  • Table 64 Asia Pacific Stone Crushing Equipment Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
  • Table 65 Asia Pacific Stone Crushing Equipment Market Outlook, By Construction (2020-2028) ($MN)
  • Table 66 Asia Pacific Stone Crushing Equipment Market Outlook, By Quarrying (2020-2028) ($MN)
  • Table 67 Asia Pacific Stone Crushing Equipment Market Outlook, By Recycling (2020-2028) ($MN)
  • Table 68 Asia Pacific Stone Crushing Equipment Market Outlook, By Other End Users (2020-2028) ($MN)
  • Table 69 South America Stone Crushing Equipment Market Outlook, By Country (2020-2028) ($MN)
  • Table 70 South America Stone Crushing Equipment Market Outlook, By Product Type (2020-2028) ($MN)
  • Table 71 South America Stone Crushing Equipment Market Outlook, By Impact Crusher (2020-2028) ($MN)
  • Table 72 South America Stone Crushing Equipment Market Outlook, By Cone Crusher (2020-2028) ($MN)
  • Table 73 South America Stone Crushing Equipment Market Outlook, By Jaw Crusher (2020-2028) ($MN)
  • Table 74 South America Stone Crushing Equipment Market Outlook, By Gyrator Crusher (2020-2028) ($MN)
  • Table 75 South America Stone Crushing Equipment Market Outlook, By Other Product Types (2020-2028) ($MN)
  • Table 76 South America Stone Crushing Equipment Market Outlook, By Mobility (2020-2028) ($MN)
  • Table 77 South America Stone Crushing Equipment Market Outlook, By Stationary Crushing Equipment (2020-2028) ($MN)
  • Table 78 South America Stone Crushing Equipment Market Outlook, By Mobile Crushing Equipment (2020-2028) ($MN)
  • Table 79 South America Stone Crushing Equipment Market Outlook, By Other Mobilities (2020-2028) ($MN)
  • Table 80 South America Stone Crushing Equipment Market Outlook, By End User (2020-2028) ($MN)
  • Table 81 South America Stone Crushing Equipment Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
  • Table 82 South America Stone Crushing Equipment Market Outlook, By Construction (2020-2028) ($MN)
  • Table 83 South America Stone Crushing Equipment Market Outlook, By Quarrying (2020-2028) ($MN)
  • Table 84 South America Stone Crushing Equipment Market Outlook, By Recycling (2020-2028) ($MN)
  • Table 85 South America Stone Crushing Equipment Market Outlook, By Other End Users (2020-2028) ($MN)
  • Table 86 Middle East & Africa Stone Crushing Equipment Market Outlook, By Country (2020-2028) ($MN)
  • Table 87 Middle East & Africa Stone Crushing Equipment Market Outlook, By Product Type (2020-2028) ($MN)
  • Table 88 Middle East & Africa Stone Crushing Equipment Market Outlook, By Impact Crusher (2020-2028) ($MN)
  • Table 89 Middle East & Africa Stone Crushing Equipment Market Outlook, By Cone Crusher (2020-2028) ($MN)
  • Table 90 Middle East & Africa Stone Crushing Equipment Market Outlook, By Jaw Crusher (2020-2028) ($MN)
  • Table 91 Middle East & Africa Stone Crushing Equipment Market Outlook, By Gyrator Crusher (2020-2028) ($MN)
  • Table 92 Middle East & Africa Stone Crushing Equipment Market Outlook, By Other Product Types (2020-2028) ($MN)
  • Table 93 Middle East & Africa Stone Crushing Equipment Market Outlook, By Mobility (2020-2028) ($MN)
  • Table 94 Middle East & Africa Stone Crushing Equipment Market Outlook, By Stationary Crushing Equipment (2020-2028) ($MN)
  • Table 95 Middle East & Africa Stone Crushing Equipment Market Outlook, By Mobile Crushing Equipment (2020-2028) ($MN)
  • Table 96 Middle East & Africa Stone Crushing Equipment Market Outlook, By Other Mobilities (2020-2028) ($MN)
  • Table 97 Middle East & Africa Stone Crushing Equipment Market Outlook, By End User (2020-2028) ($MN)
  • Table 98 Middle East & Africa Stone Crushing Equipment Market Outlook, By Mining and Metallurgy (2020-2028) ($MN)
  • Table 99 Middle East & Africa Stone Crushing Equipment Market Outlook, By Construction (2020-2028) ($MN)
  • Table 100 Middle East & Africa Stone Crushing Equipment Market Outlook, By Quarrying (2020-2028) ($MN)
  • Table 101 Middle East & Africa Stone Crushing Equipment Market Outlook, By Recycling (2020-2028) ($MN)
  • Table 102 Middle East & Africa Stone Crushing Equipment Market Outlook, By Other End Users (2020-2028) ($MN)
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