Concrete Mixer Market To Be At Centre-Stage Of Industrial Automation Vertical At A CAGR Of 4% Between 2022 - 2031: Fact.MR

According to a new study of Fact.MR, revenues from the concrete mixer market were in excess of 126,800 units in 2018, and are estimated to record a 4% Y-o-Y growth in 2019. Myriad factors influence dynamics of the concrete mixer industry, which range from the customer requirement for equipment with high technical standards and convenient portability, to tightened environmental standards apropos of emissions and recycling of materials.

The study opines that in-transit mixers remain the preferred category among end-users, in light of their ability to both mix and transport concrete around a construction site, particularly in case of remote locations and sites that are far from concrete plants. The deprivation of clotting, and prevention of concrete balling effect, are key benefits associated with in-transit concrete mixers that continue to sustain their sales. On the contrary, sales of trailer concrete mixers are expected to remain low, tugged by their higher operating and maintenance costs, along with relatively less efficient maneuverability.

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What are Key Challenges Faced by Concrete Mixer Market Stakeholders?

A potential threat to growth of the concrete mixer market is growing popularity of the ready-mix concrete, which rids the challenge of handling concrete from mixer to myriad points of construction sites. This further reduces the overall cost of a construction project.

Efficient control of timing, quality and quantity of ingredients, while using a concrete mixer continues to remain a key challenge among end-users. Another key challenge is the lack of skilled operators, which has further been confining adoption of the concrete mixer among contractors.
A comprehensive estimate of the Concrete Mixer market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Concrete Mixer during the forecast period. Price point comparison by region with the global average price is also considered in the study.

Diesel Engine-driven Concrete Mixers Here to Stay, Despite Higher Traction of Electric & Hybrid Engines

Power sources for concrete mixers have shown remarkable advancements, with electric and hybrid technologies fast growing on the developmental strategies of manufacturers. However, diesel engines are expected to show unabated adoption, as the power supply remains a key concern among most of the economies worldwide, but developed markets. Revenues from diesel engine-driven concrete mixer sales closed in on US$ 3,000 Mn in 2018, and are estimated to record a Y-o-Y growth at approximately 4% in 2019.

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After reading the Market insights of Concrete Mixer Report, readers can:

Understand the drivers, restraints, opportunities and trends affecting the Sales of market.

Analyze key regions holding significant share of total Concrete Mixer market revenue.

Study the growth outlook of Concrete Mixer market scenario, including production, consumption, history and forecast.

Learn consumption pattern and impact of each end use & supply side analysis of Concrete Mixer market.

Investigate the recent R&D projects performed by each market player & competitive analysis of Concrete Mixer Market Players.

Attractiveness of APEJ for Concrete Mixer Manufacturers Remains Intact

The study opines that the lucrativeness of APEJ for stakeholders in the concrete mixer market is here to stay, as governments in the region continue to play a vital role as a facilitator via favorable regulations and policies. Resurgent growth in construction activities, along with growing government investments in the infrastructure development, continue to complement growth of the concrete mixer market in APEJ.

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How Fact.MR Assists in Making Strategic Moves For Concrete Mixer Market Manufacturer?

The data provided in the Concrete Mixer market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

For More Insight- https://www.einpresswire.com/article/557048856/demand-for-consumer-appliances-spearheading-sales-electronics-and-electrical-ceramics-says-fact-mr-s-study

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