Originally published on Technavio: Crushing Equipment Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, Canada, China, Japan, India - Size and Forecast 2023-2027

The crushing equipment market is projected to grow by USD 488.68 million at a CAGR of 4.27% between 2022 and 2027. Several factors contribute to the market's growth, including the utilization of artificial sand for construction work, the global demand for housing projects, and the stability of crude oil prices.

The report provides an in-depth analysis of drivers, trends, and challenges, alongside historical market data from 2017 to 2021.

Market Dynamics:
The utilization of artificial sand for construction work is a significant driver of market growth, although environmental concerns may pose challenges. Researchers analyzed data with 2022 as the base year, focusing on key drivers, trends, and challenges to assist companies in refining marketing strategies for a competitive advantage.

Key Driver:
The use of artificial sand for construction work is a key driver of market growth. Traditionally, construction and infrastructure projects relied on river sand, which provided strength, bulk, and adhesive properties to construction materials. However, bans on river sand export, environmental concerns, and the logistical challenges of transporting river sand have led to a shift towards artificial sand. Produced through a 3-stage crushing process of basalt or granite rock, artificial sand serves as an effective substitute for river sand, driving its demand in construction projects. Government regulations, rising prices, and limited availability further boost the demand for artificial sand, expected to rise with an increase in construction projects.

Significant Trend:
The automation of crushing equipment emerges as a major trend in the market. Automating the crushing process reduces operation time and minimizes the need for highly skilled labor. By integrating sensors and connecting equipment to automated systems, material crushing processes can be streamlined, reducing operational costs and enhancing efficiency. This trend is anticipated to drive market growth during the forecast period.

Major Challenge:
Environmental issues pose a significant challenge to the market. Quarrying and stone processing operations generate high levels of particulate emissions, impacting air quality. Dust emissions are particularly prevalent during crushing operations, affecting surrounding environments and communities. This challenge may impede mining activities, thereby hindering market growth.

Customer Landscape:
The report includes the adoption lifecycle of the market, detailing adoption rates and key purchase criteria to assist companies in developing growth strategies.

Major Crushing Equipment Market Companies:
Companies are adopting various strategies such as strategic alliances, partnerships, mergers, acquisitions, and geographical expansions to strengthen their market presence.

Astec Industries Inc. - Operates under infrastructure and materials solutions segments, offering a range of equipment for asphalt plants, pavers, and milling machines.

The report also provides detailed analyses of 15 market companies, including Caterpillar Inc., Deere and Co., Eagle Crusher Company Inc., and others, helping clients understand market dynamics and key players' strengths and weaknesses.

Fastest-Growing Segment:
Jaw crushers segment is expected to witness significant growth during the forecast period, attributed to their versatility and wide applications in various sectors including quarrying, mining, and recycling.

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APAC is estimated to contribute the most to global market growth, driven by robust demand for construction equipment in countries like China and India, fueled by infrastructure projects.

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