Mobile Crushers and Screeners Market to Reach $2,550 Million by 2022, Globally - Allied Market Research

PORTLAND, Oregon, October 20, 2016 /PRNewswire/ --

A new report published by Allied Market Research, titled, "Mobile Crushers and Screeners Market: Global Opportunity Analysis and Industry Forecast, 2014-2022", projects the market to reach $2,550 million by 2022. Mobile Crushers dominated the market in 2015 and is estimated to maintain its position throughout 2014-2022. Asia-Pacific was the leading region in 2014 accounting for around 48% of the global market.

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Summary of the Mobile Crushers and Screeners Market Report can be accessed on the website at: https://www.alliedmarketresearch.com/mobile-crushers-and-screeners-market

The key factors that drive the market for mobile crushers and screeners is the growth in urban infrastructure development and the growth in construction industry in Asia-Pacific and LAMEA. By utilization of mobile equipment, the crushing and screening process can be conducted at the site which can significantly reduce the costs associated with transportation of materials in case of stationary applications. Increase in urbanization in emerging countries has boosted the need for infrastructure development. Governments in these countries are also making significant investment in the development of roads, railway tracks, and airports where the application of mobile equipment become inevitable. Companies are also developing equipment with advanced features such as high performance, high mobility, larger capacity hoppers and 3 deck screens that have potential to further strengthen the market growth.

The market growth for mobile crushers and screeners is being restricted due to inadequate infrastructure facilities required for operation of these equipment and due to their high carbon emissions. Infrastructure problems such as continuous power supply, improper roads, inadequate rail and airport links, and water supply problems restrict the market growth. Majority of the equipment used presently function on diesel, which releases high carbon emissions and imposition of carbon regulations can have significant impact on the market.

Mobile crushers accounted for around 73.8% of the overall market in 2015. The market for these equipment is estimated to have significant growth over the forecast period mainly due to increase in mining and construction activities in the emerging countries. The equipment's increase in application in material recycling sector further contributes to the market growth. The mobile crushers segment is further bifurcated into jaw crushers, impact crushers, cone crushers, and others. Jaw crushers was the most dominant type mainly due to their high application in primary crushing of aggregates.