Report Description
Concrete Pumps Market Outlook 2031
The global concrete pumps market size was valued at USD 4.27 Billion in 2022 and is likely reach to USD 6.08 Billion by 2031, expanding at a CAGR of 4% during the forecast period 2023 - 2031. The growth of the market is attributed to increasing construction activities across the globe.
Concrete pump is a machine that utilizes pumping action to transport concrete slurry from one point to another. Pumps provide constant supply of concrete with help of hose or pipe. The placement of concrete in inaccessible areas has mandated the use of pumps in the construction industry.
The type of pump to be utilized on construction site depends on two major factors. The first one is distance over which the concrete is to be pumped and the second one is the properties of the concrete slurry.
The trend of high-rise buildings, complex designs, massive construction, and complicated structural plan has been possible due to the improvement in the design of concrete pumps. Increasing demand for high-capacity concrete pumps is anticipated to boost the growth of the market.
Concrete Pumps Market Drivers, Restraints, Trends, and Opportunities
- Rapid urbanization in emerging economies such as India and China is anticipated to spur the concrete pumps market growth.
- Increasing demand for ready-mixed concrete is driving the growth of the market.
- Countries around the globe have imposed lockdown to minimize the impact of COVID -19, which have negatively affected the concrete pumps market growth. Construction developers had to halt their construction projects owing to lack of labour and government restrictions. However, the concrete pumps market is anticipated to recover till the end of 2021.
- Ongoing advancement and innovation in concrete pump design are driving the growth of the market segment. Features such as integration of hydraulic switching and measuring equipment are the recent trends of the concrete pumps market.
Scope of Concrete Pumps Market Report
The report on the global concrete pumps market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Concrete Pumps Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Truck Mounted Concrete Pumps, Stationary Concrete Pumps, and Specialized Concrete Pumps) and Applications (Industrial, Commercial, and Domestic)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered
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Ajax Fiori Engineering, Alliance Concrete Pumps, Concord Concrete Pumps, DY Concrete Pumps, Junjin, Liebherr, PCP Group
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Global Concrete Pumps Market Segment Insights
Truck mounted concrete pumps segment to hold significant market share
On the basis of types, the concrete pumps market share segmented into truck mounted concrete pumps, stationary concrete pumps, and specialized concrete pumps. The truck mounted concrete pumps segment is anticipated to account for a significant market share during forecast period. Increasing number for skyscrapers and commercial buildings in emerging countries is anticipated to drive the truck-mounted concrete pumps segment globally.
Domestic segment to hold a considerable market share
On the basis of applications, the global concrete pumps market share segmented into industrial, commercial, and domestic. The domestic segment is anticipated to exhibit a high CAGR during the forecast period.
The COVID-19 pandemic has acted as one of the major drivers of this segment. Increasing construction activities of residential buildings is anticipated to spur the segment growth. Rapid urbanization and changing lifestyles of people across the world are acting as prominent drivers for the domestic segment growth.
Concrete Pumps Market Regional Outlook
Asia Pacific to dominate the market
On the basis of regions, the market segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period. Increasing funding grants by state government bodies and rising focus to develop residential and commercial infrastructure are driving the regional market growth.
Increasing number of manufacturing plants, rapid urbanization, and rising population are some of the other factors are anticipated to propel the growth of the market in the region.
Segments
Types
- Truck-mounted Concrete Pumps
- Stationary Concrete Pumps
- Specialized Concrete Pumps
Applications
- Industrial
- Commercial
- Domestic
Regions
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East
- Africa
Key Players
Competitive Landscape
Key players operating in the concrete pumps market are Ajax Fiori Engineering, Alliance Concrete Pumps, Concord Concrete Pumps, DY Concrete Pumps, Junjin, Liebherr, and PCP Group.
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Companies are focusing on partnering with construction developers and investing in developing advanced concrete pumps to expand their market share.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Concrete Pumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Concrete Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Concrete Pumps Market - Supply Chain
4.5. Global Concrete Pumps Market Forecast
4.5.1. Concrete Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Concrete Pumps Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Concrete Pumps Market Absolute $ Opportunity
5. Global Concrete Pumps Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Concrete Pumps Market Size and Volume Forecast by Types
5.3.1. Truck-mounted Concrete Pumps
5.3.2.
Stationary Concrete Pumps
5.3.3.
Specialized Concrete Pumps
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Concrete Pumps Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Concrete Pumps Market Size and Volume Forecast by Applications
6.3.1. Industrial
6.3.2.
Commercial
6.3.3.
Domestic
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Concrete Pumps Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Concrete Pumps Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Concrete Pumps Demand Share Forecast, 2019-2026
8. North America Concrete Pumps Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Concrete Pumps Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Concrete Pumps Market Size and Volume Forecast by Types
8.4.1. Truck-mounted Concrete Pumps
8.4.2.
Stationary Concrete Pumps
8.4.3.
Specialized Concrete Pumps
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Concrete Pumps Market Size and Volume Forecast by Applications
8.7.1. Industrial
8.7.2.
Commercial
8.7.3.
Domestic
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Concrete Pumps Demand Share Forecast, 2019-2026
9. Latin America Concrete Pumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Concrete Pumps Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Concrete Pumps Market Size and Volume Forecast by Types
9.4.1. Truck-mounted Concrete Pumps
9.4.2.
Stationary Concrete Pumps
9.4.3.
Specialized Concrete Pumps
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Concrete Pumps Market Size and Volume Forecast by Applications
9.7.1. Industrial
9.7.2.
Commercial
9.7.3.
Domestic
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Concrete Pumps Demand Share Forecast, 2019-2026
10. Europe Concrete Pumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Concrete Pumps Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Concrete Pumps Market Size and Volume Forecast by Types
10.4.1. Truck-mounted Concrete Pumps
10.4.2.
Stationary Concrete Pumps
10.4.3.
Specialized Concrete Pumps
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Concrete Pumps Market Size and Volume Forecast by Applications
10.7.1. Industrial
10.7.2.
Commercial
10.7.3.
Domestic
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Concrete Pumps Demand Share Forecast, 2019-2026
11. Asia Pacific Concrete Pumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Concrete Pumps Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Concrete Pumps Market Size and Volume Forecast by Types
11.4.1. Truck-mounted Concrete Pumps
11.4.2.
Stationary Concrete Pumps
11.4.3.
Specialized Concrete Pumps
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Concrete Pumps Market Size and Volume Forecast by Applications
11.7.1. Industrial
11.7.2.
Commercial
11.7.3.
Domestic
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Concrete Pumps Demand Share Forecast, 2019-2026
12. Middle East & Africa Concrete Pumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Concrete Pumps Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Concrete Pumps Market Size and Volume Forecast by Types
12.4.1. Truck-mounted Concrete Pumps
12.4.2.
Stationary Concrete Pumps
12.4.3.
Specialized Concrete Pumps
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Concrete Pumps Market Size and Volume Forecast by Applications
12.7.1. Industrial
12.7.2.
Commercial
12.7.3.
Domestic
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Concrete Pumps Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Concrete Pumps Market: Market Share Analysis
13.2. Concrete Pumps Distributors and Customers
13.3. Concrete Pumps Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Ajax Fiori Engineering
13.4.2.
Alliance Concrete Pumps
13.4.3.
Concord Concrete Pumps
13.4.4.
DY Concrete Pumps
13.4.5.
Junjin
13.4.6.
Liebherr
13.4.7.
PCP Group
13.4.8.
Sany
13.4.9.
Schwing Stetter
13.4.10.
Sebhsa