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Concrete Pump Market 2022 Reach Valued At $ 6.61 billion And Grow At A 4.9% CAGR Forecast To 2029 | Top Key Companies: Alliance Concrete Pump, Liebherr, Schwing Stetter, Ajax Fiori Engineering, Sany Heavy Industry Co., Ltd., DY Concrete Pump....

02-15-2022 01:43 PM CET | Energy & Environment

Press release from: Fortune Business Insights™

Concrete Pump Market

Concrete Pump Market

Concrete Pump Market 2022-2029

New study report" Concrete Pump Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2029″ has been added to Fortune Business Insights.

Market Overview:

At the beginning of a recently published report on the Concrete Pump Market 2022-2029, extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the Concrete Pump market.

The market size was USD 4.57 billion in 2020. It is projected to grow from USD 4.74 billion in 2022 to USD 6.61 billion in 2029 at a CAGR of 4.9% in the forecast period.

Various segments of the market have been divided into different divisions. They have been depicted maximum share and profit maximization of the market during the forecasting period of 2022 to 2029. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the market place and value. Various distinctive features involve the market's knowledge based on the factors like the demographic changes, market dimensions, historical details, and market overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets. Moreover, these key players affect the market growth and the profit rate of the overall market. In this report, the internal dimensions and assessments of the Concrete Pump market are revealed. The study of the Concrete Pump market's description has been taking place during the 2022 period and the last year of the foreseen period that extends to 2029.

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List of Key Players Covered in the Concrete Pump Market Report:

Alliance Concrete Pump
Liebherr
Schwing Stetter
Ajax Fiori Engineering
Sany Heavy Industry Co., Ltd.
DY Concrete Pump
PCP Group LLC
Xuzhou Construction Machinery Co,Ltd
Zoomlion Heavy Industry Science & Technology Co., Ltd.
Zhejiang Truemax Engineering Co., Ltd.
Sebhsa
Concord Concrete Pump
Junjin

COVID-19 Pandemic: Halt of Construction Activitiesto Obstruct Growth

The COVID-19 pandemic has halted construction activities happening across the globe because of stringent lockdown and social distancing norms. Many investors cancelled their plans to invest in the field of Concrete Pump, resulting in low cash liquidity. The International Labour Organization, for instance, declared that the Indian construction industry is facing severe problems post the two waves of COVID-19 because of the shortage of labourers. At the same time, the declining demand for commercial outlets in malls would hamper growth amid the pandemic.

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Drivers & Restraints:

Rising Development inMetropolitan Cities and Urbanization to Aid Growth

The rapid urbanization and development in metropolitan cities worldwide is set to propel the demand for high-rise buildings. These Pumps can transport the concrete mixture easily at far reaching high-rise buildings with ease. ANAROCK Property Consultants, for instance, mentioned that in the top 7 cities across India, 52% out of the total 1,816 housing projects in 2019 were high-rise buildings. They had a20 plus floor structure. However, the breakdown of these pumps at construction sites can lead to the waste of ready mix concrete and stop operations temporarily. It may hamper theConcrete Pump market growth in the upcoming years.

Market Segmentation:

Stationary Segment Held 13.2% Share in 2020: Fortune Business Insights™

Based on product type, the market is trifurcated into specialized, stationary, and truck mounted. Out of these, the stationary segment earned 13.2% in terms of the Concrete Pump market share in 2020. The truck mounted segment is set to remain dominant throughout the forthcoming years because of its ability to providehigh accuracy and precision.

Regional Insights:

Rising Construction of Skyscrapers to Help Asia Pacific Dominate

Geographically, Asia Pacific stood at USD 1.62 billion in 2020 in terms of revenue.India is set to contribute to this growth because of the surging construction of skyscrapers and high-rise buildings in this country.According to Mumbai Metropolitan Region (MMR), around 734 upcoming projects are under the high-rise category. On the other hand, North America is anticipated to show stable growth backed by the rising demand for performance oriented Concrete Pump.



Key Industry Development:

January2020: Putzmeister and Sany expanded its concrete product range at Excon 2019. The new product range includesPutzmeister BSF 47 - 5, Sany SYG5180THB300C-8, and Batching Plant MT 0.35.

November 2020: Axio (Special Works) Limited had to provide a fine of £20,000 as one of its employees was injured by a concrete pump. As per aHSE inspector, proper guidelines should be followed while working with such equipment.

Major Table of Content:

Introduction
Executive Summary
Market Dynamics
Key Insights
Concrete Pump Market Analysis, Insights and Forecast, 2022-2029
North America Concrete Pump Market Analysis, Insights and Forecast, 2022-2029
Europe Concrete Pump Market Analysis, Insights and Forecast, 2022-2029
Asia Pacific Concrete Pump Market Analysis, Insights and Forecast, 2022-2029
Middle East and Africa Concrete Pump Market Analysis, Insights and Forecast, 2022-2029
Latin America Concrete Pump Market Analysis, Insights and Forecast, 2022-2029
Market Share Analysis, By Key Players, 2022
Competition Matrix
Company Profile

Continue….

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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