USD 2.02 billion
Crushers Market Size, Share, Growth Analysis, By Product Type (Jaw Crushers, Cone Crushers), By Mobility (Stationary Crushers, Mobile Crushers), By Application (Mining, Construction), By Capacity, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20G2009 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
149
|Figures:
78
Crushers Market Insights
Crushers Market size was valued at USD 2.11 Billion in 2023 and is poised to grow from USD 2.23 Billion in 2024 to USD 3.4 Billion by 2032, growing at a CAGR of 5.60% during the forecast period (2025-2032).
Crushers are becoming popular since There has been increasing demand for them in the construction industry. There are various advantages offered by crushers, such as versatility, efficiency, safety, environmental benefits, and technological advancement compared to the previous methods.
Crushers are highly versatile machines that have the capability to process a diverse range of materials, including rocks, minerals, and ores, as well as construction materials like concrete and asphalt. The versatility of crushers makes them an invaluable asset in several industries, including mining, construction, and recycling. In the mining industry, crushers are used to crush and break down large rocks and ores into smaller particles, which can then be further processed to extract minerals and metals. In the construction industry, crushers are used to crush and recycle materials like concrete and asphalt, which can then be reused in new construction projects. In the recycling industry, crushers are used to process waste materials and convert them into useful products. The versatility of crushers also extends to their ability to process materials of varying hardness and size. They can handle materials ranging from soft and malleable to hard and brittle, making them suitable for a wide range of applications. Modern crushers come with safety features, including automated systems that prevent overloads and protect against damage. These safety features can minimize the likelihood of accidents and guarantee the safety of workers. By utilizing crushers, it is possible to recycle materials, which not only decreases waste but also conserves natural resources. This can significantly lower the carbon footprint of industries that incorporate crushers in their processes.
US Crushers Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Jaw crusher.
Fastest Growth
Cone crusher.
Growth Rate
5.6% CAGR
Global Crushers Market 2022-2030 ($ Bn)
Country Share for Asia Pacific Region- 2022(%)
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Crushers Market Segmental Analysis
Global Crushers Market is segmented by product type, mobility, application, capacity and region. Based on product type, the market is segmented into jaw crushers, cone crushers, impact crushers, gyratory crushers and roll crushers. Based on mobility, the market is segmented into stationary crushers, mobile crushers and portable crushers. Based on application, the market is segmented into mining, construction and recycling. Based on capacity, the market is segmented into Less than 100 TPH, 100 – 300 TPH and above 300 TPH. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Crushers Market Analysis by Product type
By Product type, the global market is divided into many segments such as Jaw crushers, cone crushers, impact crushers, and others. The Jaw Crushers segment is currently leading in terms of revenue share worldwide. However, the Cone Crushers segment is projected to witness the highest compound annual growth rate (CAGR) during the forecast period. This growth can be attributed to several factors, including the increasing demand for efficient crushing of hard and abrasive materials in the mining and construction industries.
The rise in investments in infrastructure projects, particularly in emerging economies, is also expected to propel the demand for cone crushers. Cone crushers are becoming more popular due to their advanced technological features, such as automation and real-time monitoring systems, which enhance their operational efficiency and make maintenance more cost-effective.
Global Crushers Market By Product type 2022 (%)
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Crushers Market Regional Insights
The Crushers market is dominated by the Asia-Pacific region, mainly due to the growing demand for crushers in the mining and construction industries in countries such as China, India, and Japan. Additionally, the increasing number of infrastructure projects, including roads, highways, and airports, is also contributing to the growth of the Crushers market in the region.Following Asia-Pacific, North America and Europe hold significant revenue share in the Crushers market, driven by substantial investments in construction and mining activities.
However, Latin America is expected to witness the highest compound annual growth rate (CAGR) in the Crushers market. This growth can be attributed to the increasing investments in the construction and mining sectors in countries such as Brazil and Mexico. The rising demand for sustainable construction materials and the adoption of advanced technologies, such as crushers, are also expected to fuel the growth of the Crushers market in Latin America..
Global Crushers Market By Geography, 2022-2030
- Largest
- Fastest
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Crushers Market Dynamics
Crushers Market Drivers
Growing demand for Construction Materials to Bolster Market Growth
- The construction industry is a major consumer of crushers, as they are essential equipment for crushing rocks, stones, and other raw materials into smaller sizes, which are then used to produce construction materials like concrete and asphalt. The growth of the construction industry and the increasing demand for construction materials is one of the primary drivers for the crushers market. With the increasing population and urbanization, the demand for construction materials has been steadily rising, particularly in developing countries. The construction of new buildings, roads, bridges, and other infrastructure projects requires a significant amount of raw materials, and crushers play a critical role in producing the required materials efficiently and cost-effectively. Moreover, the demand for sustainable construction practices has also been increasing, which has led to the development of advanced crushers with improved features.
Crushers Market Restraints
High Operational Cost to Hinder Market Growth
- One of the significant Restraints that the crushers market faces is the high operational costs associated with operating and maintaining crushers. Crushers consume a significant amount of energy to operate, and the costs associated with energy consumption can be substantial, making it a significant restraint for businesses that need to keep their operating costs low. Furthermore, crushers require frequent maintenance to ensure optimal performance, which adds to the operational costs. Regular maintenance activities like replacing worn-out parts, lubrication, and ensuring proper alignment can also be costly, particularly for larger crushers used in heavy industries. In addition to energy consumption and maintenance costs, the capital cost of purchasing crushers can also be high, particularly for advanced and sophisticated models. This can be a significant barrier for small and medium-sized businesses that may not have the financial resources to invest in such equipment.
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Crushers Market Competitive Landscape
The crushers market is characterized by intense competition, with numerous players operating in the industry. The market is evolving rapidly, with technological advancements and changing customer preferences driving the competition. Established players dominate the competitive landscape of the crushers market, while new entrants are attempting to establish themselves in the market. To gain a competitive advantage, key players in the crushers market are focusing on developing innovative and advanced products. Additionally, they are expanding their market presence by entering new regions and forming strategic partnerships and collaborations with other players in the industry. Moreover, players in the crushers market are investing heavily in research and development to improve the efficiency and performance of their products. These efforts have resulted in the development of more advanced crushers with enhanced features, including automated systems that prevent overloads and protect against damage, improved safety features, and increased energy efficiency. To increase their market share, the players in the crushers market are adopting various strategies, such as mergers and acquisitions, partnerships, and collaborations. They are also investing in marketing and promotional activities to enhance their brand awareness and expand their customer base.
Crushers Market Top Player’s Company Profiles
- Metso Outotec Corporation (Finland)
- Sandvik AB (Sweden)
- Terex Corporation (USA)
- Thyssenkrupp AG (Germany)
- Astec Industries, Inc. (USA)
- Eagle Crusher Company, Inc. (USA)
- McCloskey International (Canada)
- Kleemann GmbH (Germany)
- IROCK Crushers (USA)
- Lippmann-Milwaukee, Inc. (USA)
- Superior Industries, Inc. (USA)
- Rubble Master HMH GmbH (Austria)
- Tesab Engineering Ltd. (UK)
- FLSmidth & Co. A/S (Denmark)
- Weir Group PLC (UK)
- Komatsu Ltd. (Japan)
- Hitachi Construction Machinery Co., Ltd. (Japan)
- Shanghai Shibang Machinery Co., Ltd. (China)
- Zhejiang MP Mining Equipment Co., Ltd. (China)
- SBM Mineral Processing GmbH (Austria)
Crushers Market Recent Developments
- In May 2022, Metso Outotec, a leading provider of sustainable minerals processing technologies, strengthened its position in the global crushing and screening market by acquiring Tesab Engineering, a well-established manufacturer of efficient and high-quality crushing equipment. This strategic acquisition will enable Metso Outotec to expand its product portfolio and enhance its customer offering, particularly in the mobile crushing and screening segment.
Crushers Key Market Trends
- The crusher market has seen a significant integration of advanced technologies, including automation and artificial intelligence, which have contributed to improving the efficiency and productivity of crushing operations. By incorporating such advanced technologies, crushers have become more optimized and effective, leading to a reduction in downtime and the minimization of potential accidents. Automation has played a vital role in improving the productivity of crushers by automating various processes such as material handling, loading and unloading, and maintenance. Automation technologies help to increase the efficiency of crushers by reducing the need for human intervention and improving the accuracy of operations. Artificial intelligence is another key technology that has been integrated into crushers to enhance their performance. AI-powered crushers can analyze data from sensors and other sources to make real-time decisions, adjust crusher settings, and prevent equipment damage. This technology can also detect potential issues and proactively address them, reducing the likelihood of unplanned downtime.Overall, this trend of integration of advanced technologies has revolutionized the crusher market by providing greater efficiency to the market.
Crushers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
After analyzing the global Crushers market, it is expected that there will be substantial growth during the forecast period, owing to its numerous advantages. Crushers offer a range of benefits, including versatility, efficiency, safety, environmental benefits, and technological advancement, which are far superior to the previous methods. The construction industry, being a major consumer of crushers, relies heavily on these essential equipment to crush rocks, stones, and other raw materials into smaller sizes, which are then used to produce construction materials like concrete and asphalt. However, it is worth noting that high operational costs are associated with operating and maintaining crushers. As crushers consume a significant amount of energy to operate, the costs associated with energy consumption can be substantial, making it a significant restraint for businesses that need to keep their operating costs low. Despite these challenges, the Crushers market presents significant potential for new players to enter the market and capitalize on the increasing demand for the new advancements. With the anticipated high growth rate and demand, there is an opportunity for new players to make their mark in the market and take advantage of the expanding market. The industry is continually evolving, and advancements in technology are expected to reduce the operating costs associated with crushers, making them even more attractive to businesses looking to invest in the market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2.11 Billion |
| Market size value in 2032 | USD 3.4 Billion |
| Growth Rate | 5.60% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Crushers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Crushers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Crushers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Crushers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Crushers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Crushers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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