ResearchAndMarkets.com has released the “Concrete Pumps – Global Strategic Business Report,” offering detailed insights into the concrete pump industry. Valued at $5.3 billion in 2023, the market is expected to grow to $7.2 billion by 2030, with a compound annual growth rate (CAGR) of 4.5% during this period. This report provides a comprehensive analysis of market trends, drivers, and forecasts, equipping you with the knowledge to make well-informed business decisions.
Market Drivers
The concrete pump market is expanding due to several key factors:
- Urbanization and large-scale infrastructure projects, especially in emerging economies.
- Government investments in infrastructure, including roads, bridges, and public buildings.
- A focus on reducing labor costs and enhancing site safety, which promotes the use of automated, high-capacity concrete pumping solutions.
Technological advancements, such as eco-friendly and energy-efficient pump models, are also contributing to market growth. The increased use of concrete pumps in residential construction, due to their ability to expedite projects and enhance quality, is further driving the market. Additionally, advances in construction technology and the growing complexity of modern infrastructure are boosting demand for reliable concrete placement solutions.
Why Buy This Report?
- Detailed Market Analysis: Gain a thorough understanding of the global concrete pumps market, including insights into major regions and segments.
- Competitive Insights: Overview of the competitive landscape and market presence of key players.
- Future Trends and Drivers: Discover key trends and drivers influencing the market’s future.
- Actionable Insights: Identify new revenue opportunities and strategic business decisions.
Key Insights
- Market Growth: The Truck Mounted Concrete Pumps segment is projected to reach $4.7 billion by 2030, growing at a CAGR of 4.7%. The Stationary Concrete Pumps segment is expected to grow at a 4.3% CAGR.
- Regional Analysis: The U.S. market is estimated at $626.8 million in 2023, while China is forecasted to grow at a 5.2% CAGR to reach $2.3 billion by 2030. Insights into other key regions, including Japan, Canada, Germany, and Asia-Pacific, are also provided.
Report Features
- Comprehensive Market Data: Annual sales and market forecasts in USD from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into markets across the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Analysis of major players such as Ajax Fiori Engineering, Alliance Concrete Pumps, Apollo Inffratech, and more.
- Complimentary Updates: Free report updates for one year.
Key Attributes
- Pages: 391
- Forecast Period: 2023 – 2030
- Estimated Market Value (2023): $5.3 Billion
- Forecasted Market Value (2030): $7.2 Billion
- CAGR: 4.5%
- Regions Covered: Global
Market Overview
- Concrete Through the Ages: A look at the evolution of concrete and its pumps.
- Economic Trends: Insights into market trends and transformations.
- Competition: Market share and competitive landscape.
- Innovations: Recent developments in technology and product innovations.
Market Trends & Drivers
- Civil Engineering Impact: Positive trends in the construction industry boost market growth.
- Global Construction Outlook: Optimistic projections benefit concrete pump manufacturers.
- Telematics Integration: A new trend in concrete pump technology.
- Cost Control: The role of concrete pumps in reducing labor and costs.
- Sustainability: Emergence of electric concrete pumps as a response to environmental concerns.
- Precast Concrete Demand: Increased focus on high-volume concrete pumps.
- Road/Highway Construction: Opportunities in road construction efficiency.
- Continuous Innovation: Essential for market growth.
Focus on Select Players
- Ajax Fiori Engineering (I) Pvt. Ltd
- Alliance Concrete Pumps Inc.
- Apollo Inffratech Pvt. Ltd.
- Concord Concrete Pumps International Ltd.
- JUNJIN
- Liebherr-International Deutschland GmbH
- PCP Group
- Putzmeister Concrete Pumps GmbH
- Schwing Stetter (India) Pvt. Ltd.
For more information, visit ResearchAndMarkets.com.
