The jaw crusher market is garnering impressive traction across the world. The market growth attributes to the rising demand for jaw crushers from the rapidly growing construction and mining sectors worldwide. Besides, increasing government focus on introducing various reforms and regulations to boost their infrastructure and real-estate industries escalate the growth of the market.
According to Market Research Future (MRFR), the global jaw crusher market valuation is poised to reach approximately USD 1,748 MN by 2025, growing at 6.2% CAGR during the assessment period (2019-2025). Improvements in jaw crushers & grinding machines expedite the production rate of the entire process. Technological advances in jaw crushers are a key factor driving the growth of the market.
Additionally, the demand for minerals and other geological materials, such as metals, coal, gemstones, chalk, limestone, rock salt, and potash, substantiate the demand in the jaw crusher market. Rise in construction and mining activities creates enormous market demand. Introduction of various government reforms and regulations boosts market demand, driving infrastructure development & construction and real-estate industries.
Conversely, fluctuating prices and the demand-supply gap in the raw materials (feed materials) required for the production of jaw crushers are the major factors predicted to impede market growth. Nevertheless, increasing demand from the industrial sector would support market growth throughout the assessment period.
Also, there are increasing efforts put in by major industry players to improve the efficiency, reliability, and safety of jaw crusher systems. They use all their expertise to meet the demands and initial requirements of the project and customers by developing an energy-efficient, automatic jaw crusher unblocking system.
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Global Jaw Crusher Market – Segments
The report is segmented into four dynamics;
By Swing Jaw Pivoting Position : Blake Jaw Crusher, Dodge Jaw Crusher, Universal Jaw Crusher, and others.
By Toggle : Double and Single.
By Application: Mining, Aggregate, Demolition, Industrial, Construction, Environmental, and others.
By Regions : Asia Pacific, Americas, Europe, and the Rest-of-the-World.
Global Jaw Crusher Market – Regional Analysis
The Asia Pacific region dominates the global jaw crusher market. The largest market share attributes to the spurting growth in the construction and mining industry. Besides, rapid industrialization and urbanization in China, India, and Japan, drive the regional market growth. Rising economic growth in the region is a key factor in providing a massive impetus to the development of the market.
The burgeoning construction industry in the region predominantly creates massive market demand. The APAC jaw crusher market is projected to retain its dominance throughout the forecast period.
North America is another lucrative market for jaw crushers globally. The market is driven by the augmenting demand from the mining sector. Additionally, increasing aggregate and demolition activities in Industrial, Construction, and Environmental sectors foster the growth of the regional market. Also, the growth in the distribution channel positively impacts the market growth in the region.
Among other North American countries, the US holds the majority of the share of the regional market. The North American jaw crushers market is forecasted to create a substantial revenue pocket during the estimated period.
The Europe jaw crusher market is growing at a rapid pace. Factors such as the growing industrialization and construction sector in the region drive the growth of the market. Moreover, the rising demand for jaw crushers for applications such as crushing & abrasive of ferrous, and metals rocks, and glass, influence the regional market growth.
The rapid industrialization and growing construction sector in developing economies like the UK, Germany, France, and Italy propel the growth in the regional market. The European jaw crusher market is anticipated to grow at an impressive CAGR during the assessment period.
Global Jaw Crusher Market – Competitive Analysis
Well-established, the jaw crusher market appears fiercely competitive due to the presence of several well-established players. A considerable number of small and big players, along with new entrants, form a competitive landscape. They adopt strategic initiatives such as collaboration, acquisition, product/ technology launch, and expansion to maintain their market positions. Increasing footprints in the emerging market help players to extend their sales & service networks. These players also focus on expanding their product portfolio by developing a product with unrivaled design & advent technology.
Major Players:
Players leading the global jaw crusher market include Terex Corporation (US), Sandvik AB (Sweden), Metso Corporation (Finland), HARTL CRUSHER (Austria), ThyssenKrupp (Germany), Komatsu Ltd. (Japan), Lippmann-Milwaukee, Inc. (US), Westpro Machinery (Canada), Astec Industries, Inc. (US), WIRTGEN GROUP (Germany), The Weir Group PLC (UK), Eagle Crusher Company, Inc. (US), FLSmidth (Denmark), McLanahan (US), and IROCK CRUSHERS (US), among others.
Innovation/ Industry/Related News:
March 25, 2020 —- Kleemann GmbH (Germany), a Wirtgen Group company providing crushing and screening plant systems, launched its Mobicat Pro Series jaw crusher at ConExpo. Kleemann’s Mobicat MC 120 Zi Pro is a jaw crusher plant designed for challenging quarrying operations.
Equipped with an extra-long articulated crusher jaw, the new powerful crusher has a 122 cm x 81 cm feed opening. The Pro Series With an output of up to 717 tons per hour, the Mobicat MC 120 Zi Pro is designed for heavy-duty applications and delivers natural rock applications.
KLEEMANN crushing and screening plant systems are cleverly designed down to sufficient detail and always have the overall mind process.
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