Stone crushing equipment market share by applications and regions for 2017- 2024

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Stone crushing equipment market trends research
and projections for 2017- 2024
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• Global Market Scenario of Construction Industry

• Mobile cone crusher is an innovation that has
  gained prominence in the stone crushing equipment
  market recently. It is equipped with mobility
  feature and can move anywhere and start working
  instantly.
• Wide usage across various applications including
  demolition and industrial construction will offer
  immense potential to cone crushers market size
  till 2024
• hydraulic adjustment, durability, and cost
  effectiveness, will further attribute to the high
  revenue generation.
•  the stone crushing equipment market is
  classified into quarrying, mining, recycling, and
  others. Quarrying will witness a significant
  growth owing to the rising quarrying activities
  across the globe, especially in the developed
  countries of North America.
• The revenue generation is attributed to heavy
  domestic demand for crushed stone by the
  construction industry. Mining is expected to grow
  owing to continued recovery of downstream
  construction industries in some regions. 

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• Stone crushing equipment is located near large
  construction projects on the outskirts of the
  city, where it is required at a larger scale.
  Manufacturers are continuously focusing on
  technological advancements in the machinery to
  fulfill the mandatory standards for emission
  reduction.
• In India, Gujarat Pollution Control Board (GPCB)
  has mandated a few environmental guidelines for
  stone crushing units. A few of them include
  suppression cum dust containment system for the
  equipment, wind breaking wall construction
  especially at crushing place charging hopper,
  and regular ground wetting within the premises.

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• Regional Analysis

• North America is anticipated to rise owing to
  increasing demand from commercial and residential
  construction activities coupled with rising
  expenditure on road and highway construction
  across the region. The presence of established
  players will give an edge to stone crushing
  equipment market growth in the region. Asia
  Pacific will hold a significant share owing to
  increasing infrastructure development activities
  in emerging economies including China and India.
  Moreover, the rising number of industry players
  in the region will contribute to the regional
  growth.

• Competitive Analysis

• Metso Oyj, Terex Corporation, Joy Global, CNH
  Global N.V., Caterpillar, Inc., BUCY
  International, and Sandvik AB are among the
  notable players in the stone crushing equipment
  market. Industry players are focusing on new
  product launches and regular innovations to gain
  a competitive edge and gain a foothold in the
  industry.
• These product launches help the stone crushing
  equipment market players to diversify their
  product line and increase their customer base.

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