Global Cement Mixer Market By Type (Stationary, Portable), By Capacity (Upto 5 cubic meters, 5-10 cubic meters, More than 10 cubic meters), By Application (Residential, Non residential): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global cement mixer market size was valued at $14,219.5 million in 2021, and is projected to reach $24,289.0 million by 2031, registering a CAGR of 5.5% from 2022 to 2031.
Cement mixer is a stationary or portable cement mixing machine that uniformly mixes raw ingredients such as sand, cement, water, gravel, and sometimes binding adhesives. It then discharges mixer though outlet nozzle and allows fresh use of concrete on the construction site.
Major driving factors for the cement mixer market include increase in government expenditure for infrastructural development such as roads, railways, airports, tunnels, dams, and residential & commercial complexes. In addition, easy transport of concrete through rough terrains and in remote areas is one of the major factors that drive the cement mixer market growth. Rise in construction activities in highly populated countries such as India, China, the U.S., and Germany propel the cement mixer market growth.
Furthermore, high yield and minimal wastage of raw material is a driving factor for the cement mixer market. However, high investments in buying stationary or portable cement mixers and their regular maintenance act as major restraints for growth of the cement mixer market. On the contrary, new demand for advanced features in cement mixers and eco-friendly power for trucks are expected to act as major opportunities for growth in the cement mixer market during the forecast period.
The cement mixer market is segmented on the basis of type, capacity, application, and region. By type, the market is categorized into stationary and portable. Depending on capacity, it is fragmented into up to 5 cubic meters, 5-10 cubic meters and more than 10 cubic meters. On the basis of application, it is categorized into residential and non-residential. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global cement mixer market analysis from 2021 to 2031 to identify the prevailing global cement mixer market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the global cement mixer market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global global cement mixer market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Stationary
Portable
Vehicle type
Truck
Trailer
By Capacity
Upto 5 cubic meters
5-10 cubic meters
More than 10 cubic meters
By Application
Residential
Non residential
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Poland
Netherlands
Sweden
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Thailand
Indonesia
Vietnam
Rest Of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Nigeria
Rest Of LAMEA
Key Market Players
AB Volvo
KYB Corporation
Liebherr-International AG
Navister Inc.
Oshkosh Corporation
Sany Group
Schwing Stetter Group
Sinotruk
Tata Motors
Zoomlion Heavy Industry Science and Technology Co., Ltd.
Terex Corporation
BHS-Sonthofen GmbH
XCMG Co. Ltd
Anhui Hualing Automobile Group Co. Ltd
Akona Engineering Pvt. Ltd
Lino Sella World
Caterpillar
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