According to the latest report by IMARC Group, titled “Cone Crushers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global cone crushers market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Cone crushers represent mechanical devices used for reducing the size of large rocks. They are widely utilized in the construction and mining industries to crush hard and abrasive materials, such as river gravel, granite, basalt, iron, chrome, magnesite, copper ores, etc. Presently, several manufacturers offer different variants of cone crushers made with high-grade steel in various designs, which provide the optimum stability and strength required to crush extra-hard materials while ensuring low maintenance costs.
The rising investments in infrastructural development, along with the growing number of commercial construction activities, are primarily driving the cone crushers market. Moreover, the emerging trend of automation in mining operations is positively influencing the demand for cone crushers with hydraulic clamping for increasing power, production, output, etc. Besides this, owing to the escalating environmental concerns and the launch of stringent policies by government bodies, numerous organizations are focusing on lowering costs and improving the energy consumption of equipment. This, in turn, is propelling the adoption of cone crushers across the globe, especially in the recycling and reuse of bitumen and aggregates as new asphalt. Furthermore, the introduction of liner profiling systems and connected variants with built-in computer intelligence and automation and connectivity systems (ACS), which help operators predict performance, maximize uptime, provide sustainability, etc., is anticipated to stimulate the cone crushers market in the coming years.
Cone Crushers Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global cone crushers market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Astec Industries Inc.
- FLSmidth & Co. A/S
- Keestrack
- McCloskey International Limited (Neles Oyj)
- Puzzolana
- Sandvik AB
- Terex Corporation
- Tesab Engineering Ltd
- thyssenkrupp AG
- Westpro Machinery Inc.
Key Market Segmentation:
The report has segmented the global cone crushers market on the basis of type, offering, power source, application and region.
Breakup by Type:
- Symons
- Hydraulics
- Gyratory
- Others
Breakup by Offering:
- Mobile Crushers
- Portable Crushers
- Stationary Crushers
Breakup by Power Source:
- Electric Connection
- Diesel Connection
- Dual Connection
Breakup by Application:
- Mining and Metallurgy
- Construction
- Aggregate
- Demolition
- Environmental
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/cone-crushers-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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