GITNUX MARKETDATA REPORT 2024

Crushers Industry Statistics

Crushers industry statistics show a steady increase in demand due to ongoing infrastructure development projects globally.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we delve into key statistics and projections surrounding the Crusher industry, shedding light on market trends, growth drivers, and regional dynamics. From the dominance of jaw crushers to the surge in demand for mobile crushers, these insights offer valuable perspectives on the evolving landscape of the global crusher market.

Statistic 1

"The Asia Pacific region is projected to witness the highest growth in the Crusher market, driven by growing urbanization and increasing investments in the construction industry."

Statistic 2

"The mobile crushers segment is expected to register the highest CAGR during the forecast period."

Statistic 3

"The jaw crushers are expected to dominate the mid-range segment, with an estimated CAGR of 4.2%."

Statistic 4

"The Asia Pacific accounted for 44.5% of the global Crusher market share in 2019."

Statistic 5

"Jaw crushers will garner a market share of about 40.4% by the end of 2029."

Statistic 6

"The stone crushers segment dominated the market in 2019 and is expected to grow at a CAGR of around 5.63% during the forecast period."

Statistic 7

"In 2018, the mining sector contributed to 59.5% of the total revenue of the global crusher market."

Statistic 8

"China is the most significant small rock crusher, jaw crusher, and impact crusher manufacturer and the largest feeder, screen, and washer manufacturer."

Statistic 9

"The stationary crusher segment was the highest contributor to the market in 2019, accounting for about 57.8% share."

Statistic 10

"The construction industry in Europe is expected to drive the growth of the cone crushers market."

Statistic 11

"The Hammer Crushers market worldwide is projected to grow by US$663.9 Million, driven by a CAGR of 4.4%."

Statistic 12

"The cone crusher is expected to account for a significant share of the market by 2020, owing to increase in construction sites."

Statistic 13

"The demand for crushers in the U.S is expected to grow at a CAGR of 3.1% during 2021-2026."

Statistic 14

"The impact crusher is projected to hold a market share of 7.7% through to 2029."

Statistic 15

"The Latin America crushers market is anticipated to reach an estimated valuation of USD 4.84 Billion by 2026."

Statistic 16

"Stationary cone crushers held the largest market share of 39.61% in 2019, within the Crusher market."

In conclusion, the Crusher market is witnessing significant growth opportunities, particularly in the Asia Pacific region due to urbanization and construction investments. Mobile crushers are expected to experience the highest growth rate, with jaw crushers dominating the mid-range segment. The stone crushers segment is projected to lead in growth, driven by the mining sector, while the stationary crusher segment remains a major contributor. China is a key player in crusher manufacturing, and the construction industry in Europe is set to boost cone crushers’ market. Demand in the U.S. is also expected to rise steadily. Overall, the market shows promising potential for expansion and diversification in the coming years, with various regions and segments driving growth.