openPR Logo
Press release

Global Ride-On Power Trowel Market Is Likely To Reach A Valuation Of Around US$ 87 Million In 2022

11-09-2022 12:14 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Ride-On Power Trowel Market Is Likely To Reach A Valuation

The global ride-on power trowel market size is projected to reach US$ 137 Mn, exhibiting growth at 4.6% CAGR between 2022 and 2032, predicts Fact.MR. Increasing infrastructure development activities across emerging economies is anticipated to propel the growth in the global ride-on power trowel market over the forthcoming years.

Ride-on power trowels are used to extract, polish, and smoothen concrete surfaces during the floating and finishing processes. These are primarily deployed in garages, warehouses, airports, industrial structures, and residences owing to the requirement of enormous loads in these places.
As per Fact.MR, need to smoothen and level surfaces is likely to surge at a fast pace in the near future owing to the rising number of large warehouse and airport construction projects across the globe.
For instance, according to the Australian Government's Department of Infrastructure, Transport, Regional Development and Communication, from September 2020 to 21, around 1.168 million passengers were carried domestically and internationally by flights.
Hence, rising number of air passengers is set to result in the high demand for new airports and in turn, drive the ride-on power trowel market.

Download Sample Copy of This Report :- https://www.factmr.com/connectus/sample?flag=S&rep_id=373

"Increasing demand for mechanized concrete finishing in places with large surfaces is anticipated to augment the growth in this market. Besides, urgent need for state-of-the-art construction equipment from laborers due to the heavy load involved in building activities is also set to drive the market," says a Fact.MR analyst.

Key Takeaways:

• Based on country, the U.S. is expected to surpass US$ 33 Mn owing to the increasing usage of construction equipment.
• GCC countries are anticipated to generate a revenue share of US$ 21 Mn on the back of the upcoming event of FIFA.
• In terms of region, North America is set to dominate the global market by holding the lion's share with expansion of construction industry in the U.S.
• Middle East and Africa is likely to hold about US$ 20 Mn in 2022 because of the increasing adoption of advanced technology.
• Europe is projected to account for approximately 23.4% of the market share in 2022 stoked by the increasing construction in residential sector in the U.K. and Germany .
• Based on product type, the mechanical ride-on trowel segment is anticipated to reach US$ 93 Mn by 2032.

Growth Drivers:

• High demand for mechanical ride-on trowels owing to their low maintenance requirements, high operator comfort, and superior maneuverability is set to boost the market.
• Rapid expansion of the commercial real estate sector in developed countries is anticipated to drive the market over the forecast period.
• Increasing demand for advanced troweling methods to surge the efficiency and smoothen high-tolerance concrete floors is likely to bolster the growth in this market.
Restraints:
• Unavailability of cost-effective ride-on power trowels with greater lever controls and high fuel efficiency may hamper the growth in this market.

To learn more about Ride-on Power Trowel Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=373

Competitive Landscape

Key players present in the global ride-on power trowel market are focusing on strategies, such as brand development, portfolio expansion, competitive pricing, acquisition, and investment to broaden their geographical presence and strengthen their positions.
For instance,
• June 2021: Valtec Group LLC, a leading manufacturer of industrial machinery and equipment based in Michigan, announced the launch of VP614 OmniPoly Poly Trowel Blades. These are available in six inches by fourteen inches and are designed to control the dark burnish marks on the concrete floor. These are made of abrasion-resistant and long-lasting materials for reducing blade changes.
• July 2021: Allen Engineering Corporation, a U.S.-based concrete equipment manufacturer, introduced its new heavy-duty walk-behind trowel named PRO446X. It has a helical gearbox that is capable of tackling extremely demanding projects. It also has a rotor diameter of 46 inches and an adjustable plow handle.
• January 2020: Multiquip, a machinery manufacturer headquartered in the U.S., launched its new ride-on power trowel at the 2020 World of Concrete, Las Vegas. The LD6 model is the company's first 6-feet compact trowel equipped with a hydrostatic drive system. It provides value and robust performance to concrete contractors.

Key Players in the Ride-on Power Trowel Market Include:
• Multiquip
• Allen Engineering
• Wacker Neuson
• Atlas Copco
• Parchem Construction
• Dragon
• Bartell
• MBW
• Shenhua
• Dynamic
• Masterpac
• Roadway
Buy Now- https://www.factmr.com/checkout/373

More Valuable Insights on Ride-on Power Trowel Market

Fact.MR provides an unbiased analysis of the ride-on power trowel market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the global ride-on power trowel market with a detailed segmentation on the basis of:
By Product Type
• Hydrostatic Ride-on Power Trowel
• Mechanical Ride-on Power Trowel
By Troweling Diameter
• 36 inch troweling diameter
• 48/49 inch troweling diameter
• 59/60 inch troweling diameter

Key Questions Covered in Ride-on Power Trowel Market Report

• The report offers insight into the ride-on power trowel market demand outlook for 2022-2032.
• The market study also highlights projected sales growth for ride-on power trowel market between 2022 and 2032.
• Ride-on power trowel market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry.
• Ride-on power trowel market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.

For More Insights- https://www.globenewswire.com/news-release/2022/09/29/2524890/0/en/High-Replacement-Rate-of-Halogen-with-LEDs-Paving-Revenue-Generation-Opportunities-for-Airfield-Ground-Lighting-Suppliers-States-Fact-MR.html

US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Ride-On Power Trowel Market Is Likely To Reach A Valuation Of Around US$ 87 Million In 2022 here

News-ID: 2799426 • Views:

More Releases from Fact.MR

Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CAGR at a 5.3%
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; Akorn Inc; Hikma; Hameln Pharmaceutical; Accord; Others.
10-08-2025 | Health & Medicine
Fact.MR
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032. Market Drivers & Outlook The demand for
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Advances in 2D, Cart-Based Systems & AI-Enabled Portability
10-08-2025 | Health & Medicine
Fact.MR
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems. Key
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethicon US LLC, Cardica Inc., Smith & Nephew Plc, CONMED Corporation., Purple Surgical Inc., Dextera Surgical Inc, and Others.
10-08-2025 | Health & Medicine
Fact.MR
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate

All 5 Releases


More Releases for Trowel

Global Garden Trowel Market Imapct of AI and Automation
Garden Trowel Market Impact of AI and Automation The global garden trowel market was valued at approximately USD 1.2 billion in 2022 and is projected to reach USD 1.6 billion by 2027, growing at a compound annual growth rate (CAGR) of 6.5% during this period. This growth is driven by increasing consumer interest in gardening, driven by a growing trend towards home gardening and urban agriculture. The rising popularity of garden
Global Garden Trowel Market Imapct of AI and Automation
Garden Trowel Market Impact of AI and Automation The global garden trowel market was valued at approximately USD 1.2 billion in 2022 and is projected to reach USD 1.6 billion by 2027, growing at a compound annual growth rate (CAGR) of 6.5% during this period. This growth is driven by increasing consumer interest in gardening, driven by a growing trend towards home gardening and urban agriculture. The rising popularity of garden
Notched Trowel Market Outlook and Future Projections for 2030
The notched trowel market represents a dynamic and continually evolving landscape, shaped by changing consumer demands and technological advancements. In this comprehensive report, we provide an in-depth exploration of the market, designed for a wide range of stakeholders including manufacturers, suppliers, distributors, and investors. Our goal is to equip industry participants with essential insights that enable informed decision-making in an ever-changing market environment. This analysis not only examines the current
Top Trowel Market Competitors Share Insights in Report 2023-2030
Pre and Post-Covid Report Is Covered | Final Report Will Add the Analysis of the Impact of Russia-Ukraine War and COVID-19 on This Industry. Global "Trowel Market" Research Report 2023 is spread across 113 pages and provides Size, Share, Growth, and Forecast with exclusive vital statistics, data, information, trends, and competitive landscape details in this niche sector. Get a sample PDF of the report -https://www.marketreportsworld.com/enquiry/request-sample/23467162 Trowel Market research report offers New Insight updates
Ride-On Trowel Market: Competitive Dynamics & Global Outlook 2023
The Ride On Power Trowel can be used for trowelling concrete surface through floating and finishing operations. Housing, warehouses, garages, industrial buildings and airports due to the continuous heavy load in such areas. Or required by large warehouse construction projects and airports as they have greater requirements for the flat surfaces due to the safety and set-up requirements. LPI (LP Information)' newest research report, the "Ride-On Trowel Industry Forecast" looks at
Power Trowel Market Insights 2027-Worldwide Industry Leading Players are Allen E …
The Insight Partners delivers well-researched industry-wide information on the Power Trowel market. It provides information on the market’s essential aspects such as top participants, factors driving Power Trowel market growth, precise estimation of the Power Trowel market size, upcoming trends, changes in consumer behavioral pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of