Report Id: SNS/EQIP/1130 | May 2022 | Region: Global | 120 Pages
Report Scope & Overview:
The Concrete pump market size was esteemed at USD 4.70 Billion out of 2022 and is projected to reach USD 6.74 Billion by 2030, enlisting a CAGR of 4.6% from 2023 to 2030. A concrete pump is a machine used to move fluid cement through siphoning. The siphon works by one cylinder bringing fluid cement into a chamber from a container, while the other at the same time pushes its concrete out into the release pipes.
Concrete pumps are significant in changing the development of tall structures and designs. The cement situation in distant regions has required the utilization of pumps in the ongoing development process. Particularly with the development of prepared blended concrete across the world, the requirement for concrete pumps has expanded complex. While the simplicity of pumps relies upon the sort of siphon accessible, the distance over which the concrete is to be siphoned and the properties of the concrete, alongside various better angles, can influence the activity.
An increase in infrastructural development across the globe leads to a high rise in demand for concrete pumps is the key driver for this market.
Rapid urbanization in developing countries.
Possible failure of these pumps may lead to stopping the overall work of the construction site and leads to wastage of ready-mixed concrete.
Sudden failure may lead to injury to laborers working at a site.
Sometimes failure or breakdown may damage the developed construction.
Happening of Concrete Pump Blockages.
Sometimes Segregation and Bleeding in Concrete Mix.
An expanding pattern of super-construction developments, complex plans, elevated structures and confounded underlying plans.
These developments require an expanded result, high limit, and worked on useful concrete pumps. It counts the valuable open doors for the development of the worldwide concrete pumps market.
IMPACT OF COVID-19:
Corona virus significantly affects the financial exercises and work escalated areas of framework and development improvement across different pieces of the globe. The severe guidelines and lockdown had stopped all the continuous development exercises, bringing about the unexpected constriction of the development market. The flood of COVID-19 cases across different pieces of the globe additionally deterred financial backers from gambling with their interests on the lookout, which diminished the money liquidity and further heightened the emergency.
The disturbance and complete breakdown of the supply chain of the construction industry is one more reason for worry for the market. Mandates from different states to boycott the transportation of trivial products and items in global and public business sectors have caused an incredible irregularity between the acquisition of the unrefined substance and the genuine prerequisite at the building site. A total irregularity in the organic market of unrefined components has diminished the productivity and result of the development business.
The Concrete Pumps Market is sectioned into the Truck - Mounted Concrete Pumps, Stationary Concrete Pumps, and Specialized Concrete Pumps. The truck-mounted substantial pumps are supposed to hold the biggest offer representing 56.8%in 2021. Truck Mounted Concrete Pumps are significantly utilized in huge scope developments. These pumps have a few exceptional qualities which incorporate portability, rapidly moving a lot of cement and an arm that can be remote-controlled. They are likewise utilized in electrical fixing exercises, for arriving at distant levels. These variables drive the development of the Concrete Pumps Market during the estimated time frame.
The Concrete Pumps Market is sectioned into Commercial, Industrial, and Domestic. On the premise of use, the Commercial section is supposed to hold a most extreme portion of the worldwide concrete pumps. There is a section of business designers for leasing the pumps making a pump lease market development for the business portion of the concrete pumps market.
KEY MARKET SEGMENTATION:
Truck-mounted Concrete Pumps
Stationary Concrete Pumps
Specialized Concrete Pumps
The major key players are Ajax Fiori Engineering, Alliance Concrete Pumps, Concord Concrete Pumps, DY Concrete Pumps, Junjin, Liebherr, PCP Group, Sany, Schwing Stetter, Sebhsa.
The Asia Pacific area held the biggest piece of the pie representing 56.8% in 2021. The area's development is ascribed to the quick expansion in the populace making a flood in the interest for development exercises. Likewise, an expansion in government consumption and a more prominent spotlight on creating a foundation around here. The developing economies like India, China, and Indonesia have significant unfamiliar direct speculations, which expands the interest for substantial siphons in foundation and building projects across a wide scope of ventures.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 4.70 Billion|
|Market Size by 2030||US$ 6.74 Billion|
|CAGR||CAGR of 4.6% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• type (Truck-mounted Concrete Pumps, Stationary Concrete Pumps
• Specialized Concrete Pumps)
• by vertical (Industrial, Commercial, Domestic)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Ajax Fiori Engineering, Alliance Concrete Pumps, Concord Concrete Pumps, DY Concrete Pumps, Junjin, Liebherr, PCP Group, Sany, Schwing Stetter, Sebhsa.|
|Key Drivers||•An increase in infrastructural development across the globe leads to a high rise in demand for concrete pumps is the key driver for this market.
•Rapid urbanization in developing countries.
|RESTRAINTS||•Possible failure of these pumps may lead to stopping the overall work of the construction site and leads to wastage of ready-mixed concrete.
•Sudden failure may lead to injury to laborers working at a site.
Frequently Asked Questions (FAQ) :
Ans: - The concrete pump market size was esteemed at USD 4.5 Billion out of 2021.
Ans: - Happening of Concrete Pump Blockages and Sometimes Segregation and Bleeding in Concrete Mix.
Ans: - The Asia Pacific area held the biggest market share.
Ans. The primary growth tactics of Concrete Pumps market participants include merger and acquisition, business expansion, and product launch.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Concrete pump Market Segmentation, by type
8.1Truck-mounted Concrete Pumps
8.2Stationary Concrete Pumps
8.3Specialized Concrete Pumps
9. Concrete pump market, by vertical
10. Regional Analysis
10.2 North America
10.3.7Rest of Europe
10.4.6Rest of Asia-Pacific
10.5The Middle East & Africa
10.6.3Rest of Latin America
11. Company Profiles
11.1 Ajax Fiori Engineering,
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Alliance Concrete Pumps,
11.3 Concord Concrete Pumps
11.4 DY Concrete Pumps
11.5 Junjin, Liebherr
11.6 PCP Group
11. 7 Sany
11.8 Schwing Stetter
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share analysis
12.3 Recent Developments
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