Jaw Crushers Market size is anticipated to witness healthy growth during 2023 to 2032. The rising adoption of Industry 4.0, industrial automation, and IoT in sectors including mining, waste management, and recycling, has led to a robust usage of innovative crushing systems.
Jaw crushers help mine engineers to reduce operating costs and minimize the time required to crush and compact large pieces of hard materials in an efficient and safe manner. As these machines have a long service life and consist of robust designs, they are considered essential equipment in mining operations. The rising penetration of automated technologies across the mining sector will also create several business opportunities for jaw crusher manufacturers.
Based on type, the jaw crushers market revenue from double toggle jaw crushers may expand at a commendable pace by 2032. These machines can crush abrasive & tough materials, rocks, hard stones, and ferrous metals. They are more affordable as compared to single-toggle jaw crushers and come with heavy-duty fabricated plate frames that offer great durability. Increasing need for machines that offer seamless functionality and ensure high productivity is another factor that might drive equipment demand.
With respect to end-use, the jaw crushers market share from the mining sector is projected to exhibit considerable expansion by 2032 due to growing government expenditures on the development of roads and highways across China and India. For instance, the Chinese government is planning to construct a highway network of 461,000 kilometers by 2035.
North America jaw crushers market is predicted to expand at a considerable rate driven by the use of a vast range of technologically advanced machinery in various industry verticals. The presence of a large number of crushing equipment manufacturers and growing product demand in the U.S. are other factors influencing regional statistics. Many companies across the region are also introducing new products to enhance operator safety and quarry efficiency.
FLSmidth & Co. A/S (Smidth-Fuller Engineering Group.), H-E-Parts International, Mccloskey International, Metso Corporation, Henan Hongxing Mining Machinery Co., Ltd., McLanahan Corporation, Sandvik Construction, SANME, Henan Dewo Machinery Co., Ltd., Shanghai Jianye Heavy Industry Machinery Co., Ltd., Wirtgen Group, Westpro Machinery, Komatsu, and Astec Industries are some of the leading key players operating in jaw crushers market.
These organizations are seeking different ways to expand their production capacities and are focusing on a new marketing & collaborative strategy, such as acquisitions, partnerships, and novel product launches to cater to the growing industrial requirements. For instance, in March 2022, Metso Outotec announced the addition of Nordtrack™ I1011, an impact crusher, to its mobile crushing and screening range. The machine will be used extensively in smaller-sized applications and job sites across the construction & demolition as well as waste recycling sectors.
The Jaw crushers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments:
Market, By Type
Market, By Pivoting Position
Market, By End Use
The above information has been provided for the following regions and countries: