Page 10 - CO October 2021

COVEr STOrY

J
JUSTUST

The growth of construction & infrastructure sector entails growth
prospects for many allied industries and one of the sunrise segments
riding on this stupendous development is crushing & screening
equipment. Moreover, the changing technological landscape and
expanding automation landscape in mining are only infusing vigor into
this segment. As India is fast tracking the long-pending infrastructure
projects, which were stalled due to prolonged lockdowns, crushing
& screening equipment market is set to gain renewed thrust and as
the eco-friendly initiatives are slowing taking shape in the market, this
segment is poised to reach greater heights in the near future,
writes Prerna Sharma.
According to Research & Markets research worldwide. Growing rate of urban population,
estimates, the global crushing & screening rising investment from government bodies in
equipment market garnered revenue of infrastructure and technological innovations
$2,114.61 million in 2019 and is set to touch are alsoleading to growth in construction
$3,969.92 million by 2028 at a CAGR of projects, thereby driving the demand for
7.25% between the year 2020-2028. The crushing and screening equipment. However,
domain is expected to grow on the back of CO emissions from crushing and screening
2
rising infrastructure and construction projects equipment raising environmental concerns

10 COnSTRuCTIOn OPPORTunITIES|OCTObEr 2021