Global Concrete Mixer Market 2024-2028
The concrete mixer market is forecasted to grow by USD 4550.1 mn during 2023-2028, accelerating at a CAGR of 5.31% during the forecast period. The report on the concrete mixer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing expansion of construction industry, growing adoption of smart concrete, and low maintenance cost of concrete roads.
Technavio's concrete mixer market is segmented as below:
- By Type
- Mixing plants
- Mixer trucks
- By Application
- Non-residential
- Residential
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing demand for precast concrete for non-residential construction as one of the prime reasons driving the concrete mixer market growth during the next few years. Also, rapid urbanization and infrastructure development and rising trend of self-loading concrete mixers will lead to sizable demand in the market.
The report on the concrete mixer market covers the following areas:
- Concrete mixer market sizing
- Concrete mixer market forecast
- Concrete mixer market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading concrete mixer market vendors that include Akona Engineering Pvt. Ltd., Altrad Group, Caterpillar Inc., Crown Construction Equipment, Gaode Equipment Co. Ltd., Guangxi Liugong Machinery Co. Ltd., Henan DASION Machinery Co. Ltd., ITOCHU Corp., Jurong Topall Machinery Co. Ltd., Kushlan Products LLC, Liebherr International AG, Lino Sella Srl , Right Manufacturing Systems Inc., Sany Group, Shandong Heavy Industry Group Co. Ltd., Speedcarfts Ltd., Terex Corp., The Toro Co., Zhengzhou Great Wall Machinery Manufacture Co. Ltd. , and Zoomlion Heavy Industry Science and Technology Co. Ltd.. Also, the concrete mixer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.