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Based on product, the mobile crushers and screeners market is divided into mobile crushers and mobile screeners. The mobile crushers segment is expected to grow at a CAGR of around 5% during the forecast period. The segment will experience growth over the forecast period. This growth is attributed to the increasing demand for mobile crushers, which offer versatility and mobility, allowing for efficient material processing at various job sites. Rising construction and mining activities, especially in developing regions, are fueling the demand for portable crushing equipment. The ongoing technological advancements, such as automation and improved fuel efficiency, are making mobile crushers more appealing to businesses, further fueling their adoption and market expansion.
For instance, in October 2023, Sandvik Rock Processing Solutions, Mobile Crushers and Screens launched the UJ443E fully electric heavy jaw crusher, emphasizing sustainability in crushing and screening. Built on an all-electric track platform, the machine incorporates top-notch components and the latest Sandvik CJ412 jaw crusher.
Based on operation, the mobile crushers and screeners market is divided into tracked and wheeled. The tracked segment was valued at over USD 1.3 billion in 2022. Tracked machines offer superior mobility, which enables them to navigate diverse terrains and reach remote job sites with ease. This makes them essential for construction, mining, and infrastructure projects. Furthermore, advancements in tracked equipment, such as improved fuel efficiency, eco-friendly options, and enhanced automation, are making them more appealing to industries worldwide. As the need for mobile crushing and screening solutions continues to rise, the tracked segment is expected to expand, providing efficient and versatile solutions for various applications.
North America held a dominant market share of over 35% in 2022. The region's strong construction and mining industries, coupled with infrastructure development initiatives, drive the demand for these machines. Additionally, the focus on technological advancements, such as automation and eco-friendly designs, aligns with sustainability goals, further boosting market expansion. The need for efficient material processing in North America's expanding urban and rural areas is likely to fuel the adoption of mobile crushers and screeners, making it a dominant region in the industry.
For instance, in April 2023, Sandvik Rock Processing Solutions, Mobile Crushers and Screens expanded its North American wheeled crushing and screening lineup with the introduction of the US373 wheeled cone crusher and the UF473 wheeled screening unit. US373 incorporates the powerful Sandvik CS430 cone crusher while UF473 is a versatile screening unit with a triple-shaft horizontal screen.