According to IndustryARC, with the major Applications of the Mobile Equipment being Primary On-Site Crushing and Screening at Stone Quarry, Mineral Mining Sites, Construction Sites, Recycling of Waste Demolished Concrete and Other Materials, the overall market for Mobile Crusher and Screener is projected to rise at 5.57% CAGR during the forecast period 2015-2020. Asia-Pacific is set to grow at a CAGR 8.5% and Europe is estimated register CAGR of less than 1%, reasons being discussed in the report.
A machine designed to reduce large rocks into small rocks, gravel or dust is known an as crusher. A crusher holds material that is to be crushed between two tangent or parallel solid surfaces. Sufficient force is applied to the material by crusher that generates enough energy to crush material by fracturing or deform the material. Screenings is the process of taking granular ore material and separate it into multi grades by size. Various types of screeners are used for screening process. Both crusher and screens are used in mining industry to crush the rock and then separate them using screeners.
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Market Trends & Market Growth:
The Global Mobile Crusher and Screeners Market for Mining Materials is expected to grow during the observation period owing to the rising operational costs of operations and lack of manpower. Hence, the preference has been shifted towards “Mobile” Crushers and Screeners from “Stationary” Systems. This shift of preference of quarry operators from setting of a stationary plant to employing mobile crusher and screeners can be prominently seen in most of the geographical regions with Asia-Pacific regions adapting very quickly to the mobile technology because of high transport costs.
Driving Factors: This market for mining materials is driven by the need to reduce operational costs. The operational cost is...