Skip to main content

Truck Mounted Concrete Pump Market: Increase in Construction Activities to Bring in Growth Opportunities,TMR

The global market for truck mounted concrete pump is highly consolidated, find a new research study by Transparency Market Research (TMR). In 2016, the top six players, namely, Sany Group & Putzmeister, SCHWING, XCMG, Zoomlion Heavy Machinery Co. Ltd., Concord Concrete Pumps, and LIEBHERR, accounted for nearly 95% of the overall market.
The rivalry is intense between the leading manufacturers of truck mounted concrete pumps. These companies are adopting aggressive pricing strategies and are involving in strategic mergers and acquisitions for the geographical expansion of their businesses in established markets, which is likely to increase the competition within this market over the next few years, states the research report.
As per the research report, the worldwide truck mounted concrete pump market was worth US$2.79 bn in 2016. Researchers expect the opportunity in this market to increasing at a CAGR of 5.80% during the period from 2017 to 2025 and reach US$4.64 bn by the end of the forecast period. The demand for these pumps is significantly high in the residential sector. Thanks to the increasing construction activities and the rising number of new townships projects, this segment is likely to remain leading end user of truck mounted concrete pumps, notes the study.
Truck Mounted Mobile Pumps to Surface as Most Valued Product
The research report further offers exhaustive analyses of the global market for truck mounted concrete pumps on the basis of various parameters. On the basis of the type of product, this market has been classified into mobile pumps, static pumps, and truck mixer concrete pumps in this study. Among these, truck mounted mobile pumps is enjoying a higher demand than other and are anticipated to remain doing so during the forecast period. Mobile pumps find a widespread deployment in small to big construction projects and is projected to rise at a significant CGAR of more than 6% between 2017 and 2025.
Geographically, Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America have been considered as the key segments of the worldwide truck mounted concrete pump market in the research report. In 2016, Asia Pacific emerged as the leading regional market for truck mounted concrete pumps among all with a share of more than 55%. Researchers project this regional market to remain on the top over the forecast period on the grounds of the rise in building and construction activities and the increasing number of new commercial and industrial projects, notes the market study.
Rising Trend of Urbanization and Industrialization to Fuel Demand
“With the rising trend of urbanization, the infrastructural developments have increased substantially across the world, leading to a significant upsurge in the construction industry. The ever-increasing population, especially in emerging regions, is another prominent factor behind the rise in the construction activities. This rise, as a result, is reflecting greatly on the demand for truck mounted concrete pumps across the world.
Enter your information below to receive a sample copy of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14480
The market, over the forthcoming years, looks thriving with a swift rise in the industrialization, worldwide. However, the increasing dependence of construction activities on political and economic factors may deter the market from growing steadily over the forecast period, states the research study.
The study presented here is based on a report by Transparency Market Research (TMR), titled “Truck Mounted Concrete Pump Market (Product - Truck Mounted Mobile Pump, Truck Mounted Static Pump and Truck Mixer Concrete Pump; End-use Sector - Industrial, Residential, and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.
The global truck mounted concrete pump market has been segmented as follows:
By Product Type
  • Truck Mounted Mobile Pump
  • Truck Mounted Static Pump
  • Truck Mixer Concrete Pump
By End-use Sector
  • Industrial
  • Residential
  • Commercial
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Italy
    • France
    • U.K.
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
       
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Comments

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi