Cone Crushers Market Forecasts to 2028 – Global Analysis By Power Source (Diesel Connection, Electric Connection, Dual Connection), Offering (Stationary Crushers, Portable Crushers, Mobile Crushers) and By Geography
According to Stratistics MRC, the Global Cone Crushers Market is accounted for $1,523.40 million in 2020 and is expected to reach $2,637.12 million by 2028 growing at a CAGR of 7.1% during the forecast period. Factors such as growing construction industry and increasing industrialization are driving the growth of the market. However, declining mining activities in various parts of the world are hampering the growth of the market.
A cone crusher is a mining equipment that reduces the size of feed material by squeezing or compressing it between a moving and a stationary piece of steel. Cone crushers offer features such as large eccentric throw, high pivot-point crushing action, and variable speed of the direct drive. These crushers are suitable for crushing a variety of mid-hard and hard rocks.
Based on the type, the hydraulics segment is anticipated to expand at a rapid pace during the forecast period as it allows to compound the crushing capacity. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the growing construction industry in the major economies like India and China.
Some of the key players profiled in the Cone Crushers Market include Thyssenkrupp AG, McCloskey International Limited, Terex Corporation, Puzzolana Machinery Fabricators LLP, Metso Corporation, Astec Industries Inc, WESTPRO Machinery Inc, Tesab Engineering Ltd, Keestrack NV, FLSmidth & Co. A/S, and SANDVIK AB.
Power Sources Covered:
• Diesel Connection
• Electric Connection
• Dual Connection
• Stationary Crushers
• Portable Crushers
• Mobile Crushers
• Less than 300tph
• More than 800tph
End Users Covered:
• Mining and Metallurgy
• Aggregate Processing
Sales Channels Covered:
• Direct Sales
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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