Global Crushing Equipment Industry

Global Crushing Equipment Industry

  • July 2020 •
  • 178 pages •
  • Report ID: 5899313 •
  • Format: PDF
Global Crushing Equipment Market to Reach $4.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Crushing Equipment estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$4.7 Billion by 2027, growing at a CAGR of 1.8% over the analysis period 2020-2027. Jaw Crushers, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Roller Crushers segment is readjusted to a revised 1.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 3.6% CAGR

The Crushing Equipment market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$916 Million by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.7% CAGR.

Cone Crushers Segment to Record 1.7% CAGR

In the global Cone Crushers segment, USA, Canada, Japan, China and Europe will drive the 1.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$689.8 Million in the year 2020 will reach a projected size of US$755 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$632.9 Million by the year 2027, while Latin America will expand at a 2.4% CAGR through the analysis period. We bring years of research experience to this 7th edition of our report. The 178-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Astec Industries, Inc.
  • Bico Braun International
  • Eagle Crusher Company, Inc.
  • ELRUS Aggregate Systems
  • FLSmidth &
  • Co A/S
  • Global Crushers
  • Gujarat Apollo Industries Limited
  • Kawasaki Heavy Industries Ltd.
  • Kleemann A/S
  • Mark &
  • Wedell
  • McCloskey International Limited
  • McLanahan Corporation
  • Metso Corporation
  • Minyu Machinery Corp.
  • Puzzolana Towers
  • R.R. Equipment Company
  • Retsch Technology GmbH
  • Rock Engineered Machinery Company Inc., (REMco)
  • Sandvik AB
  • Screen Machine Industries
  • Shanghai Shibang Machinery Co., Ltd.
  • Stedman Machine Company
  • Superior Industries International
  • Terex Corporation
  • Tesab Engineering Ltd.
  • The Weir Group PLC
  • thyssenkrupp AG
  • Torsa Machines Ltd.
  • Triaso, S.A. de C.V.
  • Zhejiang Shuangjin Machinery Group Co., Ltd.
  • Zhengzhou YiFan Machinery Co., Ltd.