PUBLISHER: TechNavio | PRODUCT CODE: 1516174
PUBLISHER: TechNavio | PRODUCT CODE: 1516174
The crushing equipment market is forecasted to grow by USD 435.9 mn during 2023-2028, accelerating at a CAGR of 3.72% during the forecast period. The report on the crushing equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by use of artificial sand for construction work, rising demand for housing projects globally, and stability in crude oil prices.
Technavio's crushing equipment market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.54% |
CAGR | 3.72% |
Incremental Value | $435.9mn |
By Type
By End-user
By Geographical Landscape
This study identifies the demand for crushing equipment with less carbon emissions as one of the prime reasons driving the crushing equipment market growth during the next few years. Also, integration of iot and automation of crushing equipment will lead to sizable demand in the market.
The report on the crushing equipment market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crushing equipment market vendors that include Astec Industries Inc, Caterpillar Inc., Deere and Co., Eagle Crusher Co. Inc., FLSmidth and Co. AS, IROCK Crushers, Komatsu Ltd., 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.. Also, the crushing equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Exhibits: