Global Trends in the Crushing and Screening Aftermarket Industry
The crushing and screening industry’s aftermarket market has experienced notable global growth in recent years. In this article, we explore key market indicators, rising trends, and hot topics such as green initiatives and digital transformation, all of which are shaping the industry’s future.
Global Aftermarket Market Size (2017–2021)
Year | Market Size (USD Billions) | Hot Topics |
---|---|---|
2017 | 2.08 | Advancements in equipment technology |
2018 | 2.61 | Automation |
2019 | 2.71 | Digitalization |
2020 | 2.91 | Sustainability |
2021 | 23.5 | – |
Surging Market Demand and Infrastructure Investments
As shown in the data above, the global aftermarket size reached USD 23.5 billion in 2021, marking a steep rise. This growth is fueled by:
- Strong global demand for crushing and screening solutions
- Increased government investment in infrastructure projects
- Extended equipment lifespans driving demand for parts and services
Growth Rate of Aftermarket Parts Sales
While the aftermarket parts sales continue to grow, the pace has slightly slowed due to increased competition and market maturity. To remain competitive, companies are adopting digital transformation strategies to deliver greater value and efficiency.
Aftermarket Services: Expanding Market Share
By 2021, aftermarket services accounted for 50% of the total market. As customers demand more comprehensive and value-added services, providers must:
- Improve service quality and responsiveness
- Invest in technology-driven service models
- Bridge gaps in traditional support and customer engagement
Hot Topics Driving Change: Green Initiatives & Digitalization
Two leading themes are emerging in the global aftermarket space:
- Green Initiatives: With stricter environmental regulations, companies must adapt their production and delivery methods to minimize environmental impact.
- Digital Transformation: Embracing smart manufacturing, remote diagnostics, and data analytics is essential for improving service quality and product value.
Conclusion
The global crushing and screening aftermarket market is expanding rapidly. Companies that proactively respond to key trends—particularly environmental responsibility and digital innovation—are best positioned to lead. By adapting early, businesses can stand out, create value, and thrive in an increasingly competitive marketplace.