Global Concrete Equipment Market Growth 2025-2031

The global Concrete Equipment market size is predicted to grow from US$ 16250 million in 2025 to US$ 19770 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.

Concrete equipment is an indispensable and important equipment in the construction industry. It includes mixing equipment (such as continuous and forced concrete mixers, which are used to mix various raw materials evenly), conveying equipment (such as concrete pump trucks, which are used to transport the mixed concrete to the construction site) and auxiliary equipment (such as concrete batching machines, concrete vibrators, etc.). These equipments cooperate with each other to complete the entire production process from raw material processing to finished concrete products. With the development of science and technology, concrete equipment is also constantly upgrading and developing in the direction of automation, intelligence and efficiency to meet the higher requirements of the modern construction industry for the quality and production efficiency of concrete products.

At the regional level, the Chinese market has changed rapidly in the past few years, with a market size of 9606 million US dollars in 2023, accounting for about 59.23% of the world. In recent years, while the sales of concrete equipment of other multinational companies have remained basically stable, the concrete equipment market of Chinese companies has developed very rapidly. The concrete machinery modules of Chinese companies such as Sany Heavy Industry and Zoomlion Heavy Industry have roughly maintained a growth rate of more than 30%. Therefore, the research team believes that China's concrete machinery industry will continue to develop rapidly until the market is saturated and stabilizes. However, with the Chinese government's restrictions on real estate investment and policy guidance on the housing price market, the number of real estate developments has declined severely, which may affect the future market development of concrete equipment.

From the perspective of the trend of the concrete equipment market, Chinese companies have developed rapidly, occupied a large market share in recent years, and the industry concentration has increased. In addition, the downstream industry of products accounts for a high proportion in the Asia-Pacific region, and it is expected that the concrete equipment industry will achieve stable development in the Asia-Pacific region. The impact of the epidemic is about to subside, production will resume, and the industry will have strong momentum for recovery.

From the perspective of competition analysis among concrete market participants, there are many small companies, and large companies occupy a smaller market share. In addition, the design and manufacturing of concrete pumps have a high threshold, and smaller companies cannot meet the requirements and supporting supply of the whole machine level.

LP Information, Inc. (LPI) ' newest research report, the “Concrete Equipment Industry Forecast” looks at past sales and reviews total world Concrete Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Concrete Equipment sales for 2025 through 2031. With Concrete Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Concrete Equipment industry.

This Insight Report provides a comprehensive analysis of the global Concrete Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Concrete Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Concrete Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Concrete Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Concrete Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Concrete Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Concrete Pump
Concrete Mixer
Others

Segmentation by Application:
Buildings
Road and Bridge Projects
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SANY
ZOOMLION
Kyokuto Kaihatsu Kogyo Co., Ltd.
Shandong Hongda
Guangxi Liugong
Junjin
TEREX
Oshkosh
Liebherr
SICOMA
TORO
Ajax Fiori Engineering
XCMG
Shanghai Jiangong
Betonstar
Altrad
Fangyuan Group
Concord Concrete Pumps
ELKON
Multiquip Inc.
DY Concrete Pumps

Key Questions Addressed in this Report

What is the 10-year outlook for the global Concrete Equipment market?

What factors are driving Concrete Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Concrete Equipment market opportunities vary by end market size?

How does Concrete Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.