South Africa Cone Crusher Market to be dominated by Mining Industry through 2027
Increasing awareness about the benefits of using cone
crushers and rapid industrialization is expected to drive the demand for the
South Africa cone crusher market in the forecast period, 2023-2027.
According
to TechSci Research report, “South Africa Cone Crusher Market By Type (Symons,
Hydraulics, and Gyratory), By End-User Industry (Mining, Construction and
Recycling), By Mobility (Stationary, Portable-Wheeled, and Portable-Tracked
Mounted), By Sales Type (New Equipment Sales and Aftermarket Sales), By Power
Source (Electric Connection, Diesel Connection, Dual Connection), By Region,
Competition Forecast & Opportunities, 2027”,
the South Africa cone crusher market is anticipated to grow at a rate of steady
CAGR for the forecast period, 2023-2027. Rise in commercial construction
activities in the country and the emerging modernization trend in mining
industry is expected to drive the sales of cone crushers across the country.
Cone
crusher is a machine that reduces the size of rock through the crushing process.
Usually, they are used in secondary, tertiary, and quaternary crushing stages
and are used in production, recycling, and mining applications. Cone crushers
lower the size of material in a crushing cavity by continuous compression
between a moving element and a fixed element. They are equipped with a
hydraulic setting adjustment system, which allows the operator to adjust the
cone crusher settings to match the material, capacity, and feed size
requirements.
However,
the high cost of cone crusher and use of alternate building material instead of
concrete and mortar may restrain the South Africa cone crusher market growth in
the forecast period.
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The South Africa cone crusher market is
segmented into type, end-user, mobility, sales type, power source,
company, and regional distribution.
Based on type, the market is divided
into symons, hydraulics, and gyratory. The hydraulics segment is expected to
account for a significant market share in the forecast period. Growing demand
for increased productivity and output while optimizing production and
operational costs is accelerating the demand for cone crushers with hydraulic
clamping across the country.
Based on the end-user industry, the
market is divided into mining, construction, and recycling. The mining industry
is expected to capture the highest market share in the forecast period,
2023-2027. The mining industry market players are constantly looking for
solutions that can help them improve operational efficiency and reduce
downtime. They are actively adopting smart solutions that can help them improve
productivity and enhance mining accuracy. Ongoing digitization and adoption of
advanced technologies like the internet of things and advanced analytics
technology are expected to positively impact the mining industry by offering
real-time updates to predict downtime and equipment wear. Cone crushers market
players are offering equipment integrated with automation technology which can
reduce the costs involved in the mining process. Advancements in technology and
the rise in the market players offering innovative products are expected to
create lucrative growth opportunities for the South Africa cone crusher market
in the forecast period.
Based on sales type, the market is
divided into new equipment sales and aftermarket sales. New equipment sales are
expected to capture the highest market share in the forecast period owing to
the launch of advanced versions of cone crushers by the market players and the
growing need to lower operational costs during the construction activities.
Based on the power source, the market is
divided into electric connection, diesel connection, dual connection. Dual
connection is expected to witness the fastest incremental growth in the
forecast period. They are in high demand as they reduce the operational costs
and have a less harmful impact on the environment as a comparison to their
other counterparts.
Major market players operating in the South
Africa cone crusher market are:
- Kenmore Group of Companies
- Babcock International
- Metso Corporation
- Westpro Machinery Inc.
- Terex
- Sandvik
- Global Mining Crusher
- Sky Machinery
- Telsmith
- ThyssenKrupp AG
- FLSmidth & Co. A/S
- Puzzolana
- Terex Corporation
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“Ongoing and upcoming infrastructure
development and construction projects fuel the demand for advanced construction
equipment and technologies to boost the construction activity and reduce
downtime is expected to boost the demand for the South Africa cone crusher
market. Increasing demand for construction waste recycling and the recovery of
construction projects is a positive factor for the South Africa cone crusher
market. Market players are advised to launch advanced and high-performing cone
crushers by making high-end investments in research and development activities.
Furthermore, the rise in the number of market players offering innovative
products and the emergence of rental companies offering cone crushers at
affordable rates are expected to propel the growth of the South Africa cone
crusher market till 2027” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“South Africa Cone
Crusher Market By Type (Symons, Hydraulics, and Gyratory), By End-User Industry
(Mining, Construction and Recycling), By Mobility (Stationary,
Portable-Wheeled, and Portable-Tracked Mounted), By Sales Type (New Equipment
Sales and Aftermarket Sales), By Power Source (Electric Connection, Diesel
Connection, Dual Connection), By Region, Competition Forecast &
Opportunities, 2027”, has evaluated the future
growth potential of South Africa cone crusher market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in South Africa cone crusher market.
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