Gyratory Crushers Market Size & Growth Report to 2030

Key Findings:

• The market size was valued at ~ USD 0.75 Bn in 2023 and experiencing a significant growth rate of ~ 5% by 2030
• By application, the mining segment dominated the market the benchmark year 2023
• Geographically, the Asia Pacific is accounted to hold the largest market share in the benchmark year 2023

The global gyratory crushers market size was valued at around USD 0.75 billion in 2023 and expected to grow at a significant CAGR of around 5% during the forecast period from 2024 to 2030. The market is primarily driven by the escalating demand for mining and construction activities globally. As infrastructure development accelerates, particularly in emerging economies, there is a heightened need for materials such as aggregates, which are essential for construction projects. Gyratory crushers, known for their high throughput and efficiency in crushing large volumes of hard materials, are increasingly being adopted in these industries. Their ability to process significant quantities of rock and ore makes them a preferred choice for both mining and aggregate applications, further propelling market growth.

Additionally, technological advancements and innovations in crusher design have enhanced the performance and efficiency of gyratory crushers. Manufacturers are focusing on developing smarter, more efficient machines that incorporate features such as automation, improved energy efficiency, and advanced monitoring systems. These advancements not only improve the operational efficiency of the crushers but also contribute to reduced operational costs and increased safety. As companies strive to enhance productivity and minimize environmental impact, the adoption of modern gyratory crushers is expected to rise, further driving market growth.

Market Snapshot:

To know more about the research study, request report sample

Market Trends:

Automation and Digitalization: The shift toward automation and digital technologies is significantly transforming the gyratory crushers market. With the advent of the Internet of Things (IoT) and Artificial Intelligence (AI), manufacturers are increasingly equipping their crushers with smart technologies. These innovations enable real-time monitoring and data analysis, which can optimize machine performance and maintenance schedules. For example, sensors can track wear and tear, allowing operators to anticipate when parts need replacement, thereby minimizing unexpected downtime. This trend not only enhances operational efficiency but also supports better resource management, reducing the overall operational costs for companies involved in mining and construction.

Sustainability and Environmental Concerns: As global awareness of environmental issues rises, the mining and construction industries are under increasing pressure to adopt sustainable practices. This trend is reflected in the design and manufacturing of gyratory crushers, with companies focusing on producing machines that are more energy-efficient and environmentally friendly. Newer models are engineered to reduce energy consumption during operation and are made with recyclable materials. Furthermore, compliance with stringent environmental regulations is becoming a priority, and manufacturers are developing crushers that generate lower emissions and waste. This focus on sustainability aligns with broader industry goals of reducing the carbon footprint and promoting eco-friendly practices in construction and mining.

Enhanced Performance and Efficiency: Continuous advancements in engineering and materials science are leading to significant improvements in the performance and efficiency of gyratory crushers. Innovations such as enhanced wear-resistant materials, advanced crushing geometries, and improved hydraulic systems contribute to the operational capabilities of these machines. As a result, newer models can process larger volumes of material more quickly and efficiently than their predecessors. This increase in throughput not only boosts productivity but also reduces the overall cost per ton of crushed material. Additionally, manufacturers are investing in research and development to create crushers that require less maintenance, thereby enhancing their longevity and reliability in various applications.

Increasing Demand from Emerging Markets: The rising economic development and urbanization in emerging markets, particularly in regions like Asia-Pacific and Africa, are fueling the demand for construction materials. As these economies invest heavily in infrastructure projects, such as roads, bridges, and buildings, the need for efficient and reliable crushing equipment is becoming more pronounced. Gyratory crushers, known for their high capacity and durability, are well-suited to meet the increasing demands of these expanding industries. Moreover, the availability of natural resources in these regions supports the growth of mining activities, further driving the market for gyratory crushers as they are essential for processing minerals and ores.

Growth of the Recycling Industry: The global emphasis on sustainability and waste reduction is also contributing to the growth of the recycling industry, which is increasingly utilizing gyratory crushers. As construction and demolition activities generate substantial waste, there is a growing need for effective recycling solutions that can process these materials efficiently. Gyratory crushers designed for recycling applications are capable of handling a variety of materials, including concrete, asphalt, and metal scraps. This trend supports the circular economy, wherein materials are repurposed and reused rather than discarded. The adaptability of gyratory crushers for recycling purposes positions them as vital equipment in achieving sustainable construction practices.

Market Opportunities:

The global gyratory crushers market presents several lucrative opportunities, particularly in emerging economies experiencing rapid industrial growth and infrastructure development. As nations invest in improving their infrastructure—such as roads, bridges, and residential buildings—the demand for effective crushing solutions will inevitably rise. This creates a substantial opportunity for manufacturers to introduce innovative and efficient gyratory crushers tailored to meet the specific needs of these expanding markets. Additionally, with the push for modernization in the mining sector, there is a growing interest in upgrading existing equipment. Companies can capitalize on this trend by offering advanced models that incorporate the latest technologies, thereby improving operational efficiency and productivity in mining and construction projects.

Moreover, the increasing focus on sustainability and environmental responsibility offers further opportunities in the gyratory crushers market. As industries seek to reduce their carbon footprint and comply with stringent environmental regulations, there is a heightened demand for energy-efficient and eco-friendly crushing equipment. Manufacturers can explore the development of crushers that utilize renewable energy sources or advanced materials that minimize environmental impact. Furthermore, as recycling practices gain traction, there is an opportunity to design gyratory crushers specifically for processing recycled materials, such as concrete and asphalt. By addressing these sustainability concerns and adapting to the evolving market demands, companies can position themselves as leaders in the industry and capture a larger share of the market.

Market Restraints:

The global gyratory crushers market faces several restraining factors that may hinder its growth. One of the primary challenges is the high initial cost associated with purchasing and installing advanced gyratory crushers, which can deter smaller companies and operations with limited budgets. Additionally, the maintenance and operational costs can be significant, especially for older models that may require more frequent servicing. Furthermore, the market is experiencing intense competition from alternative crushing technologies, such as cone crushers and impact crushers, which can offer similar performance at lower costs. This competition can lead to pricing pressures, making it difficult for gyratory crusher manufacturers to maintain profitability. Moreover, fluctuations in raw material prices and supply chain disruptions can further complicate the market landscape, posing challenges for manufacturers in meeting production demands and maintaining operational efficiency.

Market Insights:

The global gyratory crushers market is bifurcated into capacity, drive type, mobility, automation level, application, and geography. On the basis of application, the dominant segment in the market is the mining sector, which significantly drives demand for these high-capacity machines. Gyratory crushers are primarily used for primary crushing in mining operations, where they break down large volumes of hard and abrasive ores into smaller, more manageable sizes. As global demand for minerals and metals continues to rise—fuelled by industrialization, urbanization, and advancements in technology—the mining industry increasingly relies on efficient crushing solutions to maximize productivity and reduce operational costs. The ability of gyratory crushers to handle high throughput and deliver consistent particle size distributions makes them particularly suited for large-scale mining operations, solidifying their position as the dominant choice in this application.

Moreover, the mining sector’s growth is further bolstered by advancements in technology and automation, which enhance the performance of gyratory crushers. Many manufacturers are now integrating smart technologies into their machines, enabling real-time monitoring, predictive maintenance, and improved operational efficiency. This focus on technological innovation not only increases the effectiveness of gyratory crushers but also aligns with the mining industry’s push for sustainability and lower environmental impact. As mining companies seek to optimize their processes and adapt to evolving market demands, the reliance on gyratory crushers is expected to remain strong, ensuring the mining segment continues to dominate the overall market landscape.

Market Trends for the Mining Sub-Category:

• Increased Demand for Minerals and Metals: The global transition towards renewable energy sources and electric vehicles is driving an unprecedented demand for key minerals and metals, such as lithium, cobalt, copper, and rare earth elements. This surge in demand is prompting mining companies to increase production, leading to a higher need for efficient crushing solutions like gyratory crushers.
• Automation and Advanced Technology: The mining industry is increasingly adopting automation and digital technologies to enhance productivity and reduce operational costs. Gyratory crushers are being integrated with smart technologies, including IoT and AI, for real-time performance monitoring and predictive maintenance. This trend not only improves operational efficiency but also minimizes downtime, making the crushing process more reliable.

Market Opportunities for the Mining Sub-Category:

• Product Innovation and Customization: There is a significant opportunity for manufacturers to innovate and customize gyratory crushers to meet the specific needs of mining operations. This could involve developing crushers with enhanced capabilities for handling specific ore types, improving energy efficiency, or integrating advanced monitoring systems. By offering tailored solutions, companies can differentiate themselves in a competitive market and cater to the unique demands of mining clients.
• Expansion into Recycling Applications: As the mining industry increasingly focuses on sustainability, there is an opportunity to diversify the application of gyratory crushers into the recycling of mining waste and tailings. By repurposing waste materials, mining companies can reduce their environmental impact and improve resource efficiency. Manufacturers can capitalize on this trend by developing crushers that are specifically designed to handle recycled materials, thus broadening their market reach.

The gyratory crushers market research report presents the analysis of each segment from 2020 to 2030 considering 2023 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2024 to 2030.

Historical & Forecast Period

• 2020-22 – Historical Year
• 2023 – Base Year
• 2024-2030 – Forecast Period

Market Segmentation:

By Capacity:

• Less than 500 tph
• 501-1000 tph
• 1001-2000 tph
• Above 2000 tph

By Drive Type:

• Hydraulic
• Electric

By Mobility:

• Stationary
• Mobile/Portable

By Automation Level:

• Manual
• Semi-Automatic
• Fully Automatic

By Application:

• Mining
• Quarrying
• Aggregate Production
• Recycling
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific dominated the global gyratory crushers market in the benchmark year 2023, driven by the rapid industrialization, urbanization, and infrastructure development occurring across countries such as China, India, and Australia. Asia-Pacific is home to some of the largest mining operations globally, with a vast demand for minerals and metals to support industries like construction, automotive, electronics, and energy. As a result, the region’s mining sector heavily relies on high-capacity gyratory crushers for primary crushing in large-scale operations. China, in particular, dominates the mining industry, producing vast quantities of coal, iron ore, copper, and other minerals, making it a key driver for the demand for gyratory crushers in the region.

In addition to mining, the growing construction and infrastructure development across Asia-Pacific is further boosting the demand for aggregate production, which also relies on efficient crushing equipment like gyratory crushers. Governments are heavily investing in infrastructure projects, such as roads, bridges, railways, and urban development, creating a continuous need for high-quality aggregates. The availability of low-cost labor and abundant raw materials in the region also supports the growth of manufacturing and quarrying activities, making Asia-Pacific the dominant player in the global gyratory crushers market. Moreover, as industries in this region adopt modern technology and equipment, manufacturers have significant opportunities to introduce advanced and automated crushing solutions tailored to meet the growing demand.

Competitive Landscape:

Some of the prominent market players operating in the global gyratory crushers market are Sandvik AB, Metso Outotec, FLSmidth, ThyssenKrupp AG, and H-E Parts International. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Sandvik AB
• Metso Outotec
• FLSmidth
• ThyssenKrupp AG
• CITIC Heavy Industries Co., Ltd.
• Weir Group
• Terex Corporation
• H-E Parts International
• Puzzolana Machinery Fabricators
• Kawasaki Heavy Industries Ltd.
• China Yeco Machinery Co., Ltd.

Key Questions Answered by Gyratory Crushers Market Report

• Global gyratory crushers market forecasts from 2024-2030
• Regional market forecasts from 2024-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2024-2030 covering 15 major countries from the regions as mentioned above
• Gyratory crushers submarket forecasts from 2024-2030 covering the market by capacity, drive type, mobility, automation level, application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level gyratory crushers markets from 2024-2030
• Competitive Landscape and market positioning of top 10 players operating in the market