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

"The market for mobile crushers and screeners is expected to grow mainly due to increase in construction and mining activity in the emerging countries. Development of new mobile crushers offering high efficiency and flexible configuration will also have substantial impact on the growth of the market. The growth in need for equipment that offer better operational efficiency also affects the market for mobile crushers and screeners" as stated by Deepankar Bose, Manager, Construction Equipment Research Domain at AMR.

Based on application, the mobile crushers and screeners market has been segmented into stone quarry, construction, mining, material recycling, and others. Stone quarry was the most dominant application for mobile crushers and screeners in 2014 and is expected to maintain its position over the forecast period. The fastest growing application sector for mobile crushers and screeners is the construction industry, which is estimated to grow at a CAGR of 6.3% over the forecast period 2016-2022. The increase in infrastructure development in industrial, commercial, and residential sector in the Asia-Pacific region drives the growth.

The mobile screeners market based on their type is further segmented into vibrating and gyratory screeners. Vibratory screeners accounted for majority share of around 70% in 2015 and is expected to maintain its dominant position over the analysis period. The dominant position of vibratory screeners is due to its high capacity and efficiency. Vibratory screeners segment is also estimated to have the fastest growth during the forecast period.

The market for mobile crushers and screeners on the basis of geography is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the most dominant regional market for mobile crushers and screeners and is expected to maintain its dominant position over the forecast period. Asia-Pacific region is also expected to be the fastest growing regional market owing to increase in infrastructure development in countries such as China, India, and Japan. Growth in urbanization in the region has forced governments in these countries to invest in several infrastructure projects such as construction of bridges, flyover, and railroads, which help the market growth in the construction segment.