The global Concrete Pump Market size was USD 4.26 Billion in 2022 and is expected to reach USD 8.45 Billion in 2032, and register a rapid revenue CAGR of 6% during the forecast period.
Increasing investments in infrastructure development projects and rising demand for construction services in emerging nations and ready-mix concrete are major factors driving market revenue growth. A concrete pump is a machine used to transfer liquid concrete by means of pumping. This pump operates by one piston drawing liquid concrete into a cylinder from a hopper, while the other simultaneously pushes its concrete out into discharge pipes.
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Competitive Landscape:
The global Concrete Pump market is highly fragmented, with numerous players of various sizes accounting for the majority of market revenue. Key players in the market are implementing various strategies, such as mergers & acquisitions, strategic agreements & contracts, and developing innovative and efficient products. Some of the major companies in the global Concrete Pump market are:
- Putzmeister Holding GmbH
- XCMG Group
- Sany Group
- Liebherr Group
- Schwing Stetter
- Concord Concrete Pump
- Junjin Heavy Industry Co., Ltd.
- Zoomlion Heavy Industry Science & Technology Co., Ltd.
- Kyokuto Kaihatsu Kogyo Co. Ltd.
- REED
- KCP Heavy Industries Co. Ltd.
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Concrete Pump Market Segmentation:
By Product Type Outlook:
- Truck-mounted Concrete Pump
- Stationary Concrete Pump
- Specialized Concrete Pump
- Others
By End-Use Outlook:
- Residential
- Commercial
- Industrial
- Infrastructure
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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