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Global Concrete Pumps Market: By Type: Truck Mounted Concrete Pumps, Stationary Concrete Pumps, Specialized Concrete Pumps; By Industry Verticals: Industrial, Commercial, Domestic; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Concrete Pumps Market Outlook
The global concrete pumps market stood at a value of around USD 3688 million in 2020. The market is further expected to grow at a CAGR of 4.96% in the forecast period of 2022-2027 to attain USD 4666 million by 2026.
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Increased Demand for Truck Mounted Concrete Pumps to Bolster the Market Growth of the Global Concrete Pumps Industry
Based on type, the truck mounted concrete pumps segment is expected to hold a significant share in the global concrete pumps industry. This growth can be attributed to the increased utilisation of truck mounted concrete pumps in various construction activities, most often in large-scale constructions. Some of the beneficial properties associated with truck mounted concrete pumps include mobility, the ability to transport a large amount of concrete quickly, and a remote-controlled pouring arm. They can also be utilised for electrical repairing activities. In addition, these pumps can help reach inaccessible heights, such as in the construction of high-rise buildings. These factors are estimated to drive the market growth in the coming years.
The Asia Pacific to Occupy a Significant Market Share in the Global Concrete Pumps Industry
The Asia Pacific is predicted to hold a significant market share in the global concrete pumps industry. This surge can be attributed to the growing demand for construction activities in the region caused by the rapidly increasing population. Moreover, the governments in the region are increasingly investing in the construction sector to meet the housing demands of the growing population with a focus on the development of the country's infrastructure. Furthermore, the rapid urbanisation is also leading to an increased demand for non-residential buildings such as commercial buildings for employment purposes. These factors are expected to drive the industry growth in the forecast period.
Concrete Pumps: Market Segmentation
Concrete pumps are the tools utilised in the process of transporting concrete. Traditionally, the use of cranes to lift and transfer concrete consumed a lot of time, as the cranes could lift only a limited amount of concrete at a time. In this regard, concrete pumps were created for the effective transportation of a large amount of liquid concrete in various large-scale and medium-scale construction sites, especially to transport concrete at inaccessible heights such as high-rise building construction. Moreover, this helps save time and improve operational efficiency while also saving on labour costs. These can be stationary pumps or mobile pumps mounted on top of a vehicle. Thus, concrete pumps are increasingly utilised in the construction industry.
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By type, the market is distributed into:
- Truck Mounted Concrete Pumps
- Stationary Concrete Pumps
- Specialised Concrete Pumps
On the basis of industrial verticals, the industry can be categorised into:
- Industrial
- Commercial
- Domestic
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rapid Urbanisation to Augment the Growth of the Global Concrete Pumps Industry
The rising population worldwide is leading to increased rates of urbanisation, which has created a heightened demand for housing and other commercial and industrial infrastructure facilities. This is estimated to increase the demand for concrete pumps in the construction industry. According to the UN statistics, the world population is expected to increase from around 7.7 billion currently to 9.7 billion by 2050. Among these, 61% of the world's population resides in Asia, with China and India accounting for more than 1 billion people. As a result, the increased urbanisation is furthering the demand for infrastructural development for housing and commercial buildings. Similarly, the growing investments in the construction of high-rise buildings and skyscrapers are also expected to increase the demand for concrete pumps, such as the truck mounted concrete pump that helps to reach inaccessible heights, in the forecast period.
Key Industry Players in the Global Concrete Pumps Market
The report gives a detailed analysis of the following key players in the global concrete pumps market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ajax Engineering Pvt. Ltd.
- Alliance Concrete Pumps Inc.
- Concord Concrete Pumps
- DY Concrete Pumps Inc.
- Junjin Heavy Industry Co. Ltd
- Liebherr-International AG
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Industry Verticals, Region |
| Breakup by Type | Truck Mounted Concrete Pumps, Stationary Concrete Pumps, Specialized Concrete Pumps |
| Breakup by Industry Verticals | Industrial, Commercial, Domestic |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ajax Engineering Pvt. Ltd., Alliance Concrete Pumps Inc., Concord Concrete Pumps, DY Concrete Pumps Inc., Junjin Heavy Industry Co. Ltd, Liebherr-International AG, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Concrete Pumps Market Analysis
8.1 Key Industry Highlights
8.2 Global Concrete Pumps Historical Market (2017-2021)
8.3 Global Concrete Pumps Market Forecast (2022-2027)
8.4 Global Concrete Pumps Market by Type
8.4.1 Truck Mounted Concrete Pumps
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Stationary Concrete Pumps
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Specialised Concrete Pumps
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Concrete Pumps Market by Industry Verticals
8.5.1 Industrial
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Commercial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Domestic
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Global Concrete Pumps Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Ajax Engineering Pvt. Ltd.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Alliance Concrete Pumps Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Concord Concrete Pumps
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 DY Concrete Pumps Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Junjin Heavy Industry Co. Ltd
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Liebherr-International AG
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Concrete Pumps Market: Key Industry Highlights, 2016 and 2026
2. Global Concrete Pumps Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Concrete Pumps Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global Concrete Pumps Historical Market: Breakup by Industrial Verticals (USD Million), 2017-2021
5. Global Concrete Pumps Market Forecast: Breakup by Industrial Verticals (USD Million), 2022-2027
6. Global Concrete Pumps Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Concrete Pumps Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Concrete Pumps Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Concrete Pumps Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Concrete Pumps Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Concrete Pumps Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Concrete Pumps Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Concrete Pumps Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Concrete Pumps Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Concrete Pumps Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Concrete Pumps Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Concrete Pumps Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Concrete Pumps Market Structure
Key Questions Answered in the Report
In 2020, the global concrete pumps market attained a value of nearly USD 3688 million.
The market is projected to grow at a CAGR of 4.96% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 4666 million by 2026.
The major drivers of the industry, such as the increased demand for concrete pumps in the construction industry, the rising investments in the construction industry by the governments, especially in high population density regions, the rapidly growing global population, and the benefits associated with concrete pumps such as cost-effectiveness and quick transportation of large amounts of liquid concrete, among others, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the rapid technological advancements and heightened urbanisation.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant product types available in the market are truck mounted concrete pumps, stationary concrete pumps, and specialised concrete pumps.
The significant segments based on industrial verticals include industrial, commercial, and domestic.
The major players in the industry are Ajax Engineering Pvt. Ltd., Alliance Concrete Pumps Inc, Concord Concrete Pumps, DY Concrete Pumps Inc, Junjin Heavy Industry Co Ltd, Liebherr-International AG, and others.
Analyst Review
The global concrete pumps market attained a value of USD 3688 million in 2020, driven by the increasing demand in the construction industry. Aided by the rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.96%. The market is projected to reach USD 4666 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into truck mounted concrete pumps, stationary concrete pumps, and specialised concrete pumps. On the basis of industry verticals, the market can be segmented into industrial, commercial, and domestic. The major regional markets for concrete pumps are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ajax Engineering Pvt. Ltd., Alliance Concrete Pumps Inc, Concord Concrete Pumps, DY Concrete Pumps Inc, Junjin Heavy Industry Co Ltd, and Liebherr-International AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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