Advancing construction and mining industry is facilitating numerous growth opportunities for rotary breaker market in recent past. With the increasing number of construction projects and different mining activities, the demand for rotary breaker is also expected to increase during forecast period.
Rotary breaker is generally used to break the material which is to be feed in workable sizes. Rotary breaker is widely used equipment for size reduction of the feed material because it is capable of performing size reduction in single operation. World is witnessing continuous improvement in energy sector which in turns giving boost to the growth of rotary breaker market. Rotary breaker can be used in variety of applications such as primary crusher, scalping off rock and refusing and removing it from the downstream process, thus extending the life of the equipment and wear components.
Furthermore, resilient characteristics of rotary breakers such as low maintenance, great strength, easy control and highly effective crushing is expected to act as key factor in surge in demand of rotary breaker. Along with that, rotary breaker is gaining more traction from mining industry as it is very important equipment to be used in crushing of solid earthen materials.
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Considering wide range of applications in construction and energy sector, rotary breaker market is expected to grow considerable pace during the forecast period (2020-2030). There are some key restraining factors such as high cost associated with rotary breaker, complex installation process and need for skilled labor. These factors could restrain the growth of rotary breaker market during forecast period.
Rotary Breaker Market is Experiencing Descending Demand as COVID-19 Outbreak
COVID-19 has affected many industries such as mining, construction and also manufacturing industry. Governments of many countries have imposed a lockdown as a result of which industries are dealing with the problems such as halted production activity and disrupted supply chain. Construction projects in many countries have also been stopped. These factors have impacted the rotary breaker market in negative ways. As, manufacturers of rotary breakers have to stop all the production activity, they have suffered considerable loss during this period. Due to this, the rotary breaker market growth has declined because of COVID-19 outbreak.
Segmentation analysis of Global Rotary Breaker Market:
Global rotary breaker market is bifurcated into four major categories: type of product, End use, distribution channel and region.
On the basis of product type, the global market for rotary breaker is categorized as:
- Standard Duty Rotary Breaker
- Heavy Duty Rotary Breaker
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On the basis of End use, the global market for rotary breaker is categorized as:
On the basis of sales channel, the global market for rotary breaker is categorized as:
- Modern Trade Channel
- Traditional Grocery Store
- Conventional Store
- Online Channels
- Other Retail Formats
- Direct Sales
Based on the region, the global market for rotary breaker is segmented as:
- North America
- Latin America
- East Asia
- South Asia and Oceania
- Middle East & Africa
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Key players of Rotary Breaker Market are focusing on Innovation and Increase in production capacity
The world is witnessing the automation in almost every sector. Therefore, key players in rotary breaker market are also trying to introduce automated process for the manufacturing of rotary breakers. One of the trends which is followed by these companies is integration with artificial intelligence. Companies are also trying to increase product portfolio so as to offers more number of products to the customers.
McLanahan Corporation a U.S based rotary breaker producing company has grown considerably over the years as a result of increasing use and different advantages of rotary breaker. The company has a R&D team which is constantly trying to find the solutions which will increase the productivity so that customer demand can be met.
Other key players in the Rotary Breaker market include Metso Corporation, Astec Industries, Inc., Thyssenkrupp AG, FLSmidth & Co. A/S, Tenova S.p.A, C&M Mining Machinery and FTM company.
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