Mobile Crusher and Screener Market Size, Trends and Growth Analysis by 2027

The mobile crusher and mobile screener market was valued at approximately US$ 2,958.93 million in 2019 and is anticipated to grow to US$ 4,919.35 million by 2027, reflecting a compound annual growth rate (CAGR) of 6.3% from 2020 to 2027.

In recent years, the demand for mobile crushers has surged, primarily driven by the growth of the construction sector. Key players in the market are actively broadening their product offerings, diversifying their customer bases, and innovating within the mobile crusher and screener domain. The global market is substantial, with a notable increase in innovations aimed at meeting the demand for advanced products, including those powered by alternative fuels, which are designed to minimize carbon emissions associated with diesel-powered machinery.

Numerous companies within the value chain are forming partnerships with other entities to strengthen their positions in the mobile crusher and screener market and to deliver effective solutions to their clientele. The leading manufacturers in this sector are predominantly located in Europe and the Asia-Pacific (APAC) region. The market is expected to experience rapid growth in APAC and the Middle East and Africa (MEA), particularly in nations like India, China, the UAE, and South Korea. The burgeoning mining industry, including mineral processing activities in these regions, is a significant factor propelling the mobile crusher and screener market forward.

Geographically, the mobile crusher and screener market is divided into several regions: North America, Europe, Asia Pacific, South America, and the Middle East and Africa. In 2019, Europe commanded the largest market share, followed by the Asia Pacific and North America. The European region is witnessing swift advancements in infrastructure development, encompassing residential and commercial buildings, roads, highways, railways, and ports. This growth is expected to enhance the demand for mobile crushers and screeners in construction applications. Notable companies such as Sandvik AB, Kleemann GmbH, and Metso are prominent in this region, engaging in various business strategies including new product launches, mergers and acquisitions, and expansion initiatives.

Key players in the global mobile crusher and mobile screener market include Anaconda Equipment Ltd., Astec Industries, Inc., Komatsu Ltd., Metso Corporation, Sandvik AB, Kleemann GmbH (part of the Wirtgen Group, a John Deere Company), Lippmann Division of Metso, McCloskey USA LLC, SBM Mineral Processing GmbH, Terex Corporation, and Thyssenkrupp AG.

Impact of the COVID-19 Pandemic on the Mobile Crusher and Screener Market

The COVID-19 pandemic, which was first identified in Wuhan, China, in December 2019, has had a profound impact on various countries, including Italy, Iran, Spain, South Korea, France, Germany, and the United States, by March 2020. The pandemic has disrupted economies and industries globally due to lockdowns, travel restrictions, and business closures. These factors have led to a downturn in the mobile crusher and screener market, with overall market performance being hindered by economic instability, factory shutdowns, and supply chain interruptions.

The overall size of the global mobile crusher and mobile screener market has been determined through a combination of primary and secondary research methodologies. The research process commenced with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data relevant to the market. Additionally, numerous primary interviews were conducted with industry stakeholders and experts to validate the findings and to gain deeper analytical insights. Participants in this research included industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the mobile crusher and screener market.