Mobile Crushers And Screeners Market Size

Mobile Crushers and Screeners Market Analysis

The Mobile Crushers And Screeners Market size is estimated at USD 3.10 billion in 2024, and is expected to reach USD 4.08 billion by 2029, growing at a CAGR of 5.68% during the forecast period (2024-2029).

• Mobile crushers and screeners are a form of stationary crushers and screeners, which are mounted either on wheels or on tracks. They are emerging crushing equipment, showing high potential for growth over and beyond the forecast period. As these rock-crushing machines are easily movable on and between production sites, their demand has witnessed continuous growth in mining operations, aggregates production, recycling, and applications across several other end-user industries.
• A significant factor driving the growth of the market studied is the growing demand for reduced transportation and fuel costs, as mobile crushers can be easily transported and installed at places intended to be used for a short period. The cost efficiency of mobile crushers increases proportionally to the routes to the crushers and the distances in the quarries, which influences the overall operational cost, thereby driving their adoption.
• In recent years, the capabilities of mobile crushers have also expanded significantly owing to the technological developments developing their use cases. For instance, mobile crushers and screeners are increasingly finding applications in open pit mines. Hence, the increasing mining activities across various regions are also anticipated to create a favorable outlook for the studied market's growth during the forecast period.
• The growing demand for mobile crushing and screening equipment encourages vendors to launch innovative solutions. Vendors are also focusing on integrating advanced technologies, such as automation and IoT, to enhance the capabilities of these devices. For instance, in August 2023, the Wirtgen Group introduced its latest model of mobile crushers, the MOBIREX MR 100(i) NEO/NEOe. The crusher is an all-electric machine designed to operate in confined areas on construction sites. The spectrum of operations includes soft to medium-hard natural stone processing and various recycling applications, including processing debris, concrete, and asphalt. Overall, the growing demand for compact and versatile crushers and screeners across various industries and the expanding use cases of mobile crushers and screeners are anticipated to continue to drive the market’s growth during the forecast period.
• However, the market growth for mobile crushers and screeners is restricted by inadequate infrastructure facilities, which are more prominent across the developing regions, and by the high carbon footprint of the equipment, as environmental concerns are increasing globally.
• The outbreak of COVID-19 has significantly impacted the growth of major end-user industries of mobile crushers and screeners, including construction, mining, and recycling, among others. However, with COVID-related restrictions removed almost everywhere, all the major end-user industries have been witnessing robust growth, which is anticipated to drive opportunities in the market studied during the forecast period.