Product Code: PM4078
The global cone crushers market size is expected to reach USD 2,568.96 million by 2032, according to a new study by Polaris Market Research. The report "Cone Crushers Market Share, Size, Trends, Industry Analysis Report, By Power Source (Electrical, Diesel, and Dual); By Mobility; By End User; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The significant change in crushing and grinding requirements of various industries, including mining, construction, and demolition, in recent years and the growing focus of industries on lowering their operating costs and adopting energy-efficient crushing solutions are primary factors influencing the market growth. Besides this, the applications of cone crushers in road laying and construction are drastically rising, which has been encouraging companies to develop new solutions with improved capabilities and features, which, in turn, generate significant growth opportunities for the market.
For instance, in April 2023, Superior Industries announced the expansion of its product line of cone crusher models with two new products, including the Endeavor Cone and the Dakota Cone. The newly designed cone crushers help in bulk material processing and come with several new features like a steel threaded bowl and single-piece cast mainframe.
In response to the growing emphasis on sustainability and reducing carbon emissions all over the world, some of the major equipment manufacturers have started introducing and presenting hybrid and electric-powered cone crushers that offer several environmental benefits and may also have lower operating costs compared to traditional solutions. Some companies are also focusing on offering specialized cone crushers tailored to specific industries or applications like aggregates, mining, or recycling, which allows them to target niche markets and cater to unique customer requirements.
For instance, in April 2022, Sandwik AB announced the launch of its new electrically-driven wheeled crushing and screening series, which offers a comparatively low operational cost per ton and also reduces CO2 emissions.
With the growing number of cone crushers becoming outdated or requiring replacement with newer or upgraded ones with enhanced capabilities and features, the demand for new and advanced energy-efficient equipment solutions is likely to increase substantially. It can generate huge opportunities for companies to cater to this growing demand globally.
Cone Crushers Market Report Highlights
In 2022, the diesel segment held the largest market share, mainly accelerated by its beneficial characteristics, including easy availability and mobility.
The mining segment is expected to witness the fastest CAGR during the forecast period because of the surge in need and demand for minerals and metals from various end-user industries worldwide.
In 2022, the North American region held the largest market, owing to the region's higher investment in infrastructure repair & maintenance and adoption of energy-efficient solutions.
The key market players include Metso Corporation, NMS Industries, R.R. Equipment Company, Tesan Engineering, Sandvik, Weir Group Plc, etc.
Polaris Market Research has segmented the cone crushers market report based on power source, mobility, end use, and region:
Cone Crushers, Power Source Outlook (Revenue - USD Million, 2019 - 2032)
Cone Crushers, Mobility Outlook (Revenue - USD Million, 2019 - 2032)
- Stationary
- Portable-Wheeled
- Portable-Tracker Mounted
Cone Crushers, End Use Outlook (Revenue - USD Million, 2019 - 2032)
- Mining
- Construction
- Recycling
Cone Crushers, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Cone Crushers Market Insights
- 4.1. Cone Crushers Market - End Use Snapshot
- 4.2. Cone Crushers Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing emphasis on cost reduction and production enhancement of mining industry boosting the market
- 4.2.1.2. Infrastructure Development
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial Investment
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Cone Crushers Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Cone Crushers Market, by Power Source
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 5.3. Electrical
- 5.3.1. Global Cone Crushers Market, by Electrical, by Region, 2019-2032 (USD Million)
- 5.4. Diesel
- 5.4.1. Global Cone Crushers Market, by Diesel, by Region, 2019-2032 (USD Million)
- 5.5. Dual
- 5.5.1. Global Cone Crushers Market, by Dual, by Region, 2019-2032 (USD Million)
6. Global Cone Crushers Market, by Mobility
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 6.3. Stationary
- 6.3.1. Global Cone Crushers Market, by Stationary, by Region, 2019-2032 (USD Million)
- 6.4. Portable-Wheeled
- 6.4.1. Global Cone Crushers Market, by Portable-Wheeled, by Region, 2019-2032 (USD Million)
- 6.5. Portable-Tracked Mounted
- 6.5.1. Global Cone Crushers Market, by Portable-Tracked Mounted, by Region, 2019-2032 (USD Million)
7. Global Cone Crushers Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 7.3. Mining
- 7.3.1. Global Cone Crushers Market, by Mining, By Region, 2019-2032 (USD Million)
- 7.4. Construction
- 7.4.1. Global Cone Crushers Market, by Construction, By Region, 2019-2032 (USD Million)
- 7.5. Recycling
- 7.5.1. Global Cone Crushers Market, by Recycling, By Region, 2019-2032 (USD Million)
8. Global Cone Crushers Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Cone Crushers Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Cone Crushers Market - North America
- 8.3.1. North America: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.3.2. North America: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.3.3. North America: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.3.4. Cone Crushers Market - U.S.
- 8.3.4.1. U.S.: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.3.5. Cone Crushers Market - Canada
- 8.3.5.1. Canada: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4. Cone Crushers Market - Europe
- 8.4.1. Europe: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.2. Europe.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.3. Europe: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4.4. Cone Crushers Market - UK
- 8.4.4.1. UK: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.4.3. UK: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4.5. Cone Crushers Market - France
- 8.4.5.1. France: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.5.2. France.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.5.3. France: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4.6. Cone Crushers Market - Germany
- 8.4.6.1. Germany: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4.7. Cone Crushers Market - Italy
- 8.4.7.1. Italy: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4.8. Cone Crushers Market - Spain
- 8.4.8.1. Spain: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4.9. Cone Crushers Market - Netherlands
- 8.4.9.1. Netherlands: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.4.10. Cone Crushers Market - Russia
- 8.4.10.1. Russia: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.5. Cone Crushers Market - Asia Pacific
- 8.5.1. Asia Pacific: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.5.4. Cone Crushers Market - China
- 8.5.4.1. China: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.5.4.2. China.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.5.4.3. China: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.5.5. Cone Crushers Market - India
- 8.5.5.1. India: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.5.5.2. India.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.5.5.3. India: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.5.6. Cone Crushers Market - Malaysia
- 8.5.6.1. Malaysia: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.5.7. Cone Crushers Market - Japan
- 8.5.7.1. Japan: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.5.8. Cone Crushers Market - Indonesia
- 8.5.8.1. Indonesia: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.5.9. Cone Crushers Market - South Korea
- 8.5.9.1. South Korea: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.6. Cone Crushers Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.6.4. Cone Crushers Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.6.5. Cone Crushers Market - UAE
- 8.6.5.1. UAE: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.6.6. Cone Crushers Market - Israel
- 8.6.6.1. Israel: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.6.7. Cone Crushers Market - South Africa
- 8.6.7.1. South Africa: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.7. Cone Crushers Market - Latin America
- 8.7.1. Latin America: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.7.3. Latin America: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.7.4. Cone Crushers Market - Mexico
- 8.7.4.1. Mexico: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.7.5. Cone Crushers Market - Brazil
- 8.7.5.1. Brazil: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
- 8.7.6. Cone Crushers Market - Argentina
- 8.7.6.1. Argentina: Cone Crushers Market, by Power Source, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Cone Crushers Market, by End Use, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Cone Crushers Market, by Mobility, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Astec Industries Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. FLSmidth & Co. A/S
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. IROCK Crushers
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Metso Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Minyu Machinery Corporation
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. NMS Industries Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Propel Industries Pvt. Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. R.R. Equipment Company
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Sandvik AB
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Telsmith Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Terex Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Tesan Engineering Ltd.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Trimax Machinery
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Weir Group Plc
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development