Product Code: RP-ID-10347019 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Industrial Automation & Equipment |
Report ID: 10347019
Market Overview:
Global Crushing & Screening Equipment Market Outlook 2028
Global Crushing and Screening Equipment Market
The global crushing & screening equipment market is anticipated to grow in upcoming years on the back of rising infrastructure and construction projects worldwide. Moreover, growing rate of urban population, rising investment from government bodies in infrastructure and technological innovations are contributing to growth in construction projects, thereby driving the demand for crushing and screening equipment. The market garnered revenue of USD 2,114.61 million in 2019 and is estimated to touch USD 3,969.92 million by 2028, by growing at a CAGR of 7.25% over the forecast period, i.e., 2020-2028. However, CO2 emissions from crushing and screening equipment raising environmental concerns might negatively affect the market growth.
In terms of market segmentation, the global crushing and screening equipment market is segmented by product and by region. Regionally, the market is segmented into North America, Western Europe, and Rest of the World, out of which, the market in Western Europe accounted for second largest share in 2019 owing to increase in spending from authoritative bodies for construction projects. Furthermore, the global market is bifurcated into product into crushing and screening equipment. Among these segments, total demand by crushing equipment segment is estimated to garner around USD 2,225 Million in 2028, by registering a CAGR of about 7% over the forecast period.
Some of the leading market players in the global crushing and screening equipment market are Sandvik AB, Metso, Kleemann, Eagle Crusher, Rubble Master, McCloskey, Terex Corporation, Astec and others.
Sandvik AB, Metso, Kleemann, Eagle Crusher, Rubble Master, McCloskey, Terex Corporation, Astec and others
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