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The global concrete pumps market size reached US$ 4.83 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.67 Billion by 2027, exhibiting a growth rate (CAGR) of 5.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Concrete pumps transport fluid concrete from a mixing truck to a designated location on a construction site. They comprise receiving hoppers, concrete pumping cylinders, and valving systems to direct the flow into pipelines. They enable the placement of concrete in areas that are not accessible for standard concrete trucks with chutes. They also allow workers to manipulate and move the tubing as the concrete is flowing, which aids in reducing the labor of transporting the material. As a result, concrete pumps find extensive applications in the construction sector across the globe.
At present, there is an increase in the number of new high-rise buildings on account of rapid urbanization and the rising global population. This represents one of the key factors stimulating the growth of the market. Moreover, conventional methods of transporting concrete like cranes are time-consuming as they can lift a limited volume of concrete at a time. However, concrete pumps enable the transportation of a substantial amount of liquid concrete in numerous large and medium-scale construction sites in relatively less time. Besides this, modern concrete pumps can pump faster, lift buckets with ease, and maintain a continuous flow of concrete. They also allow the concrete to be poured directly via a placing boom instead of transferring in a bucket. These product advantages, coupled with the escalating demand for ready mix concrete (RMC) that offers increased durability and sustainability, is impelling the growth of the market. Furthermore, the increasing focus on infrastructural development, along with the rising construction activities in the industrial, commercial, and residential sectors, is projected to fuel the growth of the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global concrete pumps market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and industry vertical.
Breakup by Type:
Breakup by Industry Vertical:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AJAX Engineering Pvt. Ltd., Alliance Concrete Pumps Inc., Concord Concrete Pumps Inc., DY Concrete Pumps Inc., Junjin Concrete Pump Services Sdn Bhd, Liebherr, Sany Heavy Industry Co. Ltd., SCHWING Stetter India, Sebhsa, XCMG Group and Zoomlion Heavy Industry Science and Technology Co. Ltd.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Industry Vertical, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||AJAX Engineering Pvt. Ltd., Alliance Concrete Pumps Inc., Concord Concrete Pumps Inc., DY Concrete Pumps Inc., Junjin Concrete Pump Services Sdn Bhd, Liebherr, Sany Heavy Industry Co. Ltd., SCHWING Stetter India, Sebhsa, XCMG Group and Zoomlion Heavy Industry Science and Technology Co. Ltd.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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