MENA Truck-mounted Concrete Pump Market: Unceasing Building and Construction Appetite of U.A.E. Enthralls Vendors, states TMR
The Middle East and North Africa (MENA) truck-mounted concrete pump market has been researched to be heavily dominated by top three companies, i.e. The Liebherr Group, Schwing, and Putzmeister, which could account for almost 55.0% of the total share. South Korean, Chinese, and European vendors could be relying on acquisition tactics and hot pricing strategies to proliferate their presence in established markets. The market may look quite attractive for new entrants due to the boom in the construction and building sectors. However, established players boasting of their sturdy brand equity and expensive startup cost have been expected to intensify the competition and tax the entry of new players. According to the research analysts at Transparency Market Research (TMR), the MENA truck-mounted concrete pump market has been studied to reach a US$253.4 mn by 2024 in the ballpark. Growing at a 5.8% CAGR, the market had managed to rake in a US$161.0 mn in 2016. Findi...