Registering a CAGR of 6.5% over the forecast period, the global jaw crushers market is anticipated to reach the market value of US$ 2477.2 million in the year 2027 from US$ 1891 million in the year 2020.
Jaw Crushers Market Overview
Jaw crusher industry is expected to witness a CAGR of around 6.5% during the forecast period. The jaw crusher market size is expected to be valued at USD 1,748 million by the end of the forecast period.A jaw crusher is one of the important type of crushers in a mining plant or ore processing. A jaw crusher lessens big size rocks or ore by placing the rock into compression. The mobile jaw applies force on the rock by forcing it against the stationary plate whereas a fixed jaw is mounted in a “V” alignment is the stationary breaking surface. The space at the bottom of the “V” aligned jaw plates is the crusher product size gap or the size of the crushed product from the jaw crusher. Till it is small, the rock stays in the jaws for passing through the gap at the jaws bottom.The global jaw crushers market has been segmented based on swing jaw pivoting position, toggle, and application. On the basis of swing jaw pivoting position, the market has been segmented into Blake jaw crusher, dodge jaw crusher, and universal jaw crusher. The Blake jaw crusher segment held the largest market share of the global jaw crushers market in 2018 and is expected to witness the highest CAGR during the forecast period. Blake jaw crusher is type of jaw crusher, wherein the swing jaw is pivoted at the top.
Recent Development:
March 23, 2022 :Astec Industries (NASDAQ: ASTE) announces entering into a definitive agreement to acquire MINDS Automation Group Inc. (MINDS), a leader in plant automation control systems and cloud-based data management in the asphalt industry. MINDS, headquartered in British Columbia, Canada, has locations in the U.S., United Kingdom, France, and Belgium. The company develops user-friendly, advanced, customizable plant automation control systems for drum, batch, combo/hybrid hot mix plants, emulsion plants, liquid terminals, silo load-out, ticketing and data management for the asphalt industry.
What are the major Applications, Types and Regions for Jaw Crushers Market?
By Type, Jaw Crushers Market has been segmented into
- Less than 300tph
- 300tph-800tph
- More than 800tph
- Others
By Applications, Jaw Crushers Market has been segmented into
- Mining
- Construction
- Others
Jaw Crushers Market Regional Analysis:
In 2018, Asia-Pacific dominated the worldwide jaw crusher market, followed by North America and Europe; this dominance is predicted to last until 2025. The construction industry's expansion and the region's improving financial conditions are projected to propel the crusher market forward. Furthermore, industrialization and urbanisation in emerging economies like China, India, and Japan are predicted to considerably contribute to market growth. During the forecast period, demand for jaw crusher in Asia-Pacific is expected to rise due to the region's growing construction industry.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Jaw Crushers Market report scope?
Report Attributes
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Report Details
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Forecast Period 2020 to 2027 CAGR
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CAGR of 6.5% during the review period (2022 to 2027).
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By Type
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- Less than 300tph
- 300tph-800tph
- More than 800tph
- Others
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By Application
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- Mining
- Construction
- Others
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By Companies
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Sandvik AB (publ) (Stockholm :SAND.ST), Metso Outotec Oyj (Helsinki :MOCORP.HE), Terex, Astec Industries, Weir, WIRTGEN GROUP, ThyssenKrupp, Liming Heavy Industry, Komatsu, McCloskey International, Shanghai Shibang Machinery
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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120
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Jaw Crushers Report
- Evaluate Jaw Crushers market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Jaw Crushers market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Question -
At what CAGR is the jaw crusher market projected to grow during the forecast period?
Jaw crusher market is projected to grow at a 6.5% CAGR between 2022-2027
Which region is expected to dominate the jaw crusher market?
The APAC region is expected to dominate the jaw crusher market.
Which application segment will lead the jaw crusher market?
The construction segment will lead the jaw crusher market.
Which factors may limit the jaw crusher market growth?
Volatile raw material prices may limit the jaw crusher market growth.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
