How Has The Computer Vision in Cone Crushers Market Size Evolved In Recent Years?
The cone crushers market has seen considerable growth due to a variety of factors.
• In the previous few years, the size of the cone crushers market has demonstrated robust growth. From $2.45 billion in 2024, the market is projected to expand to $2.61 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%.
The substantial growth witnessed in the historic period can be credited to factors such as urban infrastructure enhancement, R&D in crushing machinery, overall economic progress, and expansion in the mining industry.
What Is the Forecasted Market Size and Growth Rate for The Cone Crushers Market?
The cone crushers market is expected to maintain its strong growth trajectory in upcoming years.
• Predictions for the cone crushers market size indicate robust growth in the upcoming years, with an expected increase to $3.31 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 6.1%.
This anticipated growth during the forecast period can be credited to rising demand for aggregates, amplified road construction activities, and the expanding use of mobile and wireless crushers, as well as infrastructure development. The forecast period is also set to see key trends such as product innovation, automation and remote monitoring, integration of IoT and data analytics, and technological advancements.
What Factors Are Driving Growth In The Cone Crushers Market?
The cone crushers market is experiencing significant growth due to the increasing demands for construction and infrastructure developments. The act of building infrastructure and constructing buildings requires the use of cone crushers to crush raw materials and feed, thus the rise in construction activities infers an increase in demand for cone crushers. For example, based on a report released by the Office for National Statistics in the UK, the fourth quarter of 2022 saw a 0.3% rise in quarterly construction production compared to the third quarter of the same year. Furthermore, following an unprecedented growth of 12.8% in 2021, the yearly construction production went up by 5.6% in 2022 compared to the previous year. Consequently, the growing demands for infrastructure and construction development are propelling the cone crushers market.
What Key Areas Define The Segmentation Of The Global Cone Crushers Market?
The cone crushers market covered in this report is segmented –
1) By Type: Symons, Hydraulics, Gyrator
2) By Offering: Mobile Crushers, Portable Crushers, Stationary Crushers
3) By Power Source: Electric Connection, Diesel Connection, Dual Connection
4) By End-Users: Mining And Metallurgy, Aggregate Processing, Construction, Demolition
Subsegments:
1) By Symons: Standard Symons Cone Crushers, Short Head Symons Cone Crushers
2) By Hydraulics: Hydraulic Cone Crushers, Multi-Cylinder Hydraulic Cone Crushers
3) By Gyrator: Gyratory Crushers (Conventional), Ultra-Fine Gyratory Crushers
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How Are Emerging Trends Reshaping The Dynamics Of The Cone Crushers Market?
In the cone crusher market, product innovation has emerged as a leading trend. Major corporations are focusing on product development to solidify their standing in the market. For example, Metso Outotec Corporation, an industrial machinery firm based in Finland, introduced the HP200e cone crusher in March 2023. This product, designed to enhance performance in the aggregates sector, boasts innovative kinematics, a new chamber design, and the ability to expedite safe liner replacements, eliminating the need for backing material. It offers increased head motion by 10%, greater kilowatt power by 20%, and embodies a green solution – greatly increasing performance and promoting environmental sustainability in the aggregates industry.
Who Are the Key Players in the Cone Crushers Market?
Major companies operating in the cone crushers market include:
• ThyssenKrupp AG
• Tesab Engineering Ltd.
• Weir Group PLC
• Sandvik AB
• Hazemag & EPR GmbH
• Metso
• Mesto Corporation
• Terex Corporation
• FLSmidth & Co. A/S
• Superior Industries Inc.
• Johnson Crushers International Inc.
• Astec Industries Inc.
• Propel Industries Private Limited
• McLanahan Corporation
• Remco Inc.
• Eagle Crusher Company Inc.
• McCloskey International Limited
• Trio Engineered Products
• Keestrack NV
• Telsmith Inc.
• Lippmann-Milwaukee Inc.
• Minyu Machinery Corporation
• Puzzolana Machinery Fabricators LLP
• WESTPRO Machinery Inc.
• IROCK Crushers LLC
• Trimax Machinery
• Shanghai Gator Machinery Co.Ltd
• Raptor Cone Crushers
What Is The Most Dominant Region In The Cone Crushers Market?
Asia-Pacific was the largest region in the cone crushers market in 2024. The regions covered in the cone crushers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
