|06-13-2018 04:39 PM CET - Industry, Real Estate & Construction||
Market Research on Ride-on Power Trowel Industry Reveals Key Growth Factors, Top Trends and Key Players with Forecast till 2026
Press release from: Fact.MR
The rapidly expanding ride-on power trowels market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Ride-On Power Trowel Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global ride-on power trowels industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.
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Requirement for Smooth Concrete Surfaces in Warehouses Accentuating Demand for Technologically Advanced Ride-on power trowels
Ride-on towels have become essential in construction of floors having significant size, as they are productive and enable precisely flat finishes. Over the past few years, ride-on power trowels have gained significance as an imperative construction equipment that helps in achieving superior concrete surfaces by providing a variety of floating and finishing operations. These mechanized equipment have been witnessing a substantial demand in various countries worldwide for use in large construction projects including airports, industrial buildings and warehousing. The requirement for smooth high-tolerance concrete surfaces in the construction of massive warehouses is surging day by day, which in turn is accentuating demand for technologically advanced ride-on power trowels for application in high production finishing of large surfaces. Stricter laws have been enforced and inspections are carried out regarding surface finishes in developed as well as developing countries, thereby leading toward growth in advancements and adoption of ride-on power trowels
APEJ to Remain Dominant Market for Ride-on power trowel
Burgeoning infrastructural development in countries such as India and China, along with rising gross household disposable income of the population will stoke demand for ride-on power trowels in Asia-Pacific excluding Japan (APEJ). In terms of revenues as well as sales expansion, APEJ is estimated to remain the dominant market for ride-on power trowels, trailed by Europe and North America. Middle East & Africa (MEA), on the other hand, is expected to be the least lucrative market for ride-on power trowels through the forecast period.
Facilitated use and relatively lower cost of mechanical ride-on power trowels have made them preferred product for finishing of concrete surfaces in various construction sites. Revenues from mechanical ride-on power trowel sales will account for nearly three-fourth market share by 2026-end.
Ride-on power trowels with 36 inch and 48/9 inch trowelling diameter are anticipated to remain financially rewarding in the global market. In contrast, 59/60 inch diameter ride-on power trowels will remain less lucrative through the forecast period.
Many prominent players are focusing on engineering products, which enable more convenience in operations for extended durations. Emerging players are making significant investments in research & development activities for eating into shares of the market. Opportunities exist for market players with regard to development of advanced ride-on power trowels providing user-friendly controls, optimum operational requirements, and easy maneuverability.
Fact.MR’s report profiles key players supporting expansion of the global ride-on power trowel market, which include Multiquip, Allen Engineering, Wacker Neuson, Atlas Copco, Parchem Construction, Dragon, Bartell, MBW, Shenhua, Dynamic, Masterpac, and Roadway.
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Table of Contents:
Global Economic Outlook
Global Ride-On Power Trowel Market – Executive Summary
Global Ride-On Power Trowel Market Overview
3.1.1. Global Ride-On Power Trowel Market Taxonomy
3.1.2. Global Ride-On Power Trowel Market Definition
3.2. Global Ride-On Power Trowel Market Size (Units) and Forecast, 2012-2026
3.2.1. Global Ride-On Power Trowel Market Y-o-Y Growth
3.3. Global Ride-On Power Trowel Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Raw Material Sourcing Strategy and Analysis
3.8. Service Provider List
3.9. Key Participants Market Presence (Intensity Map) By Region
Global Ride-On Power Trowel Market Analysis and Forecast 2012-2026
4.1. Global Ride-On Power Trowel Market Size and Forecast By Product Type, 2012-2026
4.1.1. Hydrostatic Ride-on Trowel Market Size and Forecast, 2012-2026
220.127.116.11. Volume (Units) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
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