Factors such as surge in demand for truck-mounted concrete pumps, increase in demand for concrete sustainable infrastructure, the rise in urbanization coupled with increase in industrialization in developing countries, and surge in construction activities are the key factors, which drive the growth of the global concrete pumps market. However, the COVID-19 pandemic has enforced many companies in the global concrete pumps market to halt their business operations to comply with new government regulations for curbing the spread of COVID-19. This halt in operations directly impacts the revenue flow of the concrete pumps market supply chain. In addition, implementation of lockdown and the need to maintain social distancing during this pandemic has resulted in dearth of manpower, which, in turn, has negatively impacted the market revenue. Furthermore, volatile economic conditions in Latin America hinder market growth.
On the contrary, technical advancements and development of low-emission, fuel-efficient concrete pumps are anticipated to offer lucrative growth opportunities for the market players during the forecast period.
The global concrete pumps market is segmented into type, industrial verticals, and region. By type, the market is categorized into truck-mounted concrete pumps, stationary concrete pumps, and specialized concrete pumps. Depending on industrial vertical, it is fragmented into industrial, commercial, and domestic. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market in 2019, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to increase in funding by the government agencies and rise in focus to develop infrastructure in this region.
COMPETITION ANALYSIS
Key companies profiled in the report include Ajax Fiori Engineering, Alliance Concrete Pumps, Concord Concrete Pumps, DY Concrete Pumps, Junjin, Liebherr, PCP Group, Sany, Schwing Stetter, and Sebhsa.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging concrete pumps market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2019 and 2027.
- Extensive analysis of the concrete pumps market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions are provided to determine the prevailing opportunities.
- The global concrete pumps market forecast analysis from 2020 to 2027 is included in the report.
- The key market players within concrete pumps market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the concrete pumps market industry.
GLOBAL CONCRETE PUMPS MARKET SEGMENTS
By TYPE
- Truck-mounted Concrete Pumps
- Stationary Concrete Pumps
- Specialized Concrete Pumps
By INDUSTRIAL VERTICAL
- Industrial
- Commercial
- Domestic
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Ajax Fiori Engineering
- Alliance Concrete Pumps
- Concord Concrete Pumps
- DY Concrete Pumps
- Junjin
- Liebherr
- PCP Group
- Sany
- Schwing Stetter
- Sebhsa
What is the estimated value of the Concrete Pumps Market?
What is the growth rate of the Concrete Pumps Market?
What is the forecasted size of the Concrete Pumps Market?
Report Attribute | Details |
---|---|
No. of Pages | 220 |
Published | July 2020 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD | $ 3800 million |
Forecasted Market Value ( USD | $ 4853.2 million |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Global |
Table of Contents
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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