Page 12 - CO_July_2022

COVER STORY

Industry Arc analysts highlight a very interesting demand driver period. Factors like low transportation costs, rapid urbanization,
for the equipment. Rising rate of accidents in mining sector and increasing mining activity in developing countries are the
has marked a major dependency towards advanced mining primary reasons driving the mobile crushers and screeners market.
equipment. Grinding and crushing equipment have helped the With the additional advantage of transportation to the required
industry to reduce the rate of accidents as well as work related location and maneuvering the equipment within the site, the
risks. Mining involves extraction as well as high rated processes, mobile crushers demand is expected to rise. Mobile crushers are
which cause serious dangers to the life of working people. Gradual also being adopted on a large scale in the mining sector because
sinking of land as well as cracking and many such threats during they eliminate the usage of large conveyor belts, truck haulage,
mining often cause injuries, death risks to the working people. and road construction, thus saving the costs to a large extent.
Deployment of such equipment have reduced the manpower This robust growth can be attributed to the fact that extensive
demand as they can be operated easily and more efficiently corrosion issues are being faced in fixed quarry plants, which are
with limited labor. While performing mining operations, operator in use for more than three decades. This disadvantage of fixed
gets early notification about the dangers ahead, which helps quarry plants has prompted quarry companies to use mobile
in reducing fatal accidents to a high extent. Adoption of such crushers, to improve operational flexibility and safety.
equipment has helped the workers to work efficiently without Coming to jaw crushers market size, which will see notable
worrying about the risks and threats. Rapid improvement in proceeds during the period 2022 to 2028 owing to the fast-growing
technology has also added features to enhance work related infrastructure and construction sectors along with the surging need
safety, thus acting as a major driver in the grinding and crushing for crushing hard materials and stones, as per Global Market
equipment market. Insights report. The increasing rate of industrial automation, mainly
One of the biggest trends in the world at the moment – a in mining, recycling, and waste management has resulted in the
megatrend – is sustainability. The crushing and screening industry higher adoption of technologically advanced crushing systems.
was already one with ‘green’ credentials – the process of crushing The influx of IoT and Industry 4.0 is also expected to fuel the market
and screening enables contractors to size and separate waste growth.
material to make a quality product that can then be reused or On the basis of type, the jaw crushers market is classified into
sold, creating a profit. If the material is not recycled, this leads to single toggle and double toggle. The revenue of the double
deposit and transport costs, emphasizing the importance of this toggle jaw crushers industry will expand through 2028 due to robust
type of equipment. abilities to crush tough and abrasive materials, hard stones, and
rocks, as well as ferrous metals. These crushers are affordable in
The growth dynamics comparison to their single toggle counterparts. Double toggle
According to Mordor Intelligence report, the mobile crushers crushers are designed with heavy-duty fabricated plate frames
and screeners are an emerging form of crushing equipment, for providing durability. Increasing adoption for offering seamless
showing high potential for growth, over and beyond the forecast functionality and guaranteeing excellent productivity is another

12 CONSTRUCTION OPPORTUNITIES|JULY 2022