The mobile crushers and screeners market is a highly competitive market, with a number of players vying for a share of the market. The market is expected to grow at a CAGR of around 5% during the forecast period (2020-2025). The increasing demand for infrastructure, residential and commercial development, and transportation is expected to drive the demand for mobile crushers and screeners in the construction industry. In addition, the rising demand for crushed stone and aggregate for construction purposes is expected to boost the demand for these equipment. The increasing demand for these equipment from the mining industry is also expected to contribute to the growth of the market.
There are a number of key players in the mobile crushers and screeners market, including Sandvik, Terex, Astec Industries, Metso, and Kleemann. These players are focusing on the development of new and innovative products to cater to the changing needs of the market. They are also focusing on expanding their global presence through strategic partnerships and acquisitions.
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Factors such as the increasing costs of transportation and the availability of alternative construction materials are expected to challenge the growth of the mobile crushers and screeners market. In addition, the high initial investment required to set up these equipment and the lack of skilled labor is expected to pose a challenge to the growth of the market.
Overall, the increasing demand for infrastructure and construction activities is expected to drive the demand for mobile crushers and screeners in the coming years.