Press release
Concrete Pump Market is Estimated to Reach USD 6.43 Billion by 2030: Cognitive Market Research
Concrete Pump Market is Estimated to Reach USD 6.43 Billion by 2030: Cognitive Market Research
What is Concrete Pump?
A concrete pump is a gadget used in construction that facilitates the timely delivery of newly mixed concrete to the job site. A hydraulic system and a valve system are used to operate concrete pumps. Concrete pumps come in two main categories: line pumps and boom pumps. Each pump functions differently and has specific advantages. Boom concrete pumps are a popular kind of concrete pump used in large-scale building projects because they correctly place concrete using a robotic arm with remote control articulation or "boom." The second most frequent kind of concrete pump is either installed on a truck or transported on a trailer. It is also known as a "line pump" or trailer-mounted concrete pump.
Summary:
As per the Study of CMR, The Global Concrete Pump market size stood at USD 4.26 billion in 2022 and it is projected to reach USD 6.43 Billion by 2030 with a CAGR of 4.5% during the forecast period of 2023-2030.
To know more about The Concrete Pump Market statistics click here: https://www.cognitivemarketresearch.com/concrete-pump-market-report
Market Dynamics:
What are the driving factors for the concrete pump market?
With the increasing population, the demand for infrastructure and resources such as water, natural gas, oil, and also increases proportionally. With the increasing urban population, the demand for residential and basic necessities also increases. According to the World Bank, 66 percent of South Africa's population was living in urban areas in 2017 which is increased to 67 percent in 2020. With this rising population construction activities in South Africa have been growing rapidly. Concrete pumps play important role in construction activities. Concrete Pump is the most trusted and useful pump for cement. It is widely employed in the transportation of cement slurry. This raises the demand for slurry pumps in the construction sector.
What are the restraints for the global concrete pump market?
With the growing number of development projects throughout the nation, particularly after the recovery from the COVID-19 pandemic, the use of concrete pumps in the construction sector is expected to skyrocket. However, the high costs involved with the use of concrete pumps in Hong Kong and Macau can stifle this expansion.
Which region is dominating the global concrete pump market?
Geographically, the APAC region is estimated to contribute the most to the global concrete pump market due to rising construction activity and expanding industrialization. Due to the growth of sophisticated infrastructure and smart cities, which encourage the building of skyscrapers, India is predicted to have the highest CAGR in the APAC region for the global concrete industry.
Global Concrete Pump Market Segmentation:
Type:
• Stationery Pumps
• Truck Mounted Pumps
• Specialized Pumps
The market for concrete pumps is divided into three kinds based on type: stationary pumps, truck-mounted pumps, and specialized pumps. Due to output and cutting-edge technologies, the truck-mounted pump category currently holds dominance in the market. The ability of these types of pumps to offer high precision and significant accuracy in construction operations, as well as the ability to give improved concrete pouring speed, can raise their demand in the construction industry.
Application:
• Commercial
• Residential
• Industrial
The market is divided into three categories based on application: commercial, residential, and industrial. Due to the increased initiatives taken by developers in the building business, the commercial category currently holds the largest market share.
Distribution Channel:
• Direct Sales
• Indirect Sales
Competitive Analysis of Concrete Pump Market:
Alliance Concrete Pump, Liebherr, Schwing Stetter, Ajax Fiori Engineering, Sany Group, DY Concrete Pump, PCP Group LLC, Xuzhou Construction Machinery Co Ltd., Zoomlion Heavy Industry Science & Technology Co. Ltd. , Putzmeister, Zhejiang Truemax Engineering Co. Ltd., Sebhsa, Concord Concrete Pump, Junjin
Get free sample pages of the latest published Concrete Pump Market Report: https://www.cognitivemarketresearch.com/concrete-pump-market-report
Global Concrete Pump Industry News:
CIFA launches new K42E electric concrete pump (October 2022)
The K42E has two Rexroth electric motors that are powered by a battery pack with 30 amp-hour cells. In a closed circuit with a maximum capacity of 160m3/hour at 80bar, the first powers the hydraulic pump that moves the boom and opens the outriggers, while the second drives the pumping unit.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Concrete Pump Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Concrete Pump Market Segmentation
1.5.1 Concrete Pump Market Regional Fragmentation
1.5.1 Concrete Pump Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Concrete Pump Market
• 3.1 Global Concrete Pump Market Size 2018 - 2030, (USD Million)
• 3.2 Global Concrete Pump Value, Absolute & Opportunity Analysis
• 3.3 Global Concrete Pump Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Concrete Pump Market Statistics 2022: Snapshot
Chapter 4 Global Concrete Pump Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Concrete Pump Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Concrete Pump Market by Industrial Vertical Segmentation Analysis (2018-2030)
Chapter 11 Global Concrete Pump Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 12 Global Concrete Pump Market Regional Analysis
Chapter 13 North America Concrete Pump Market Outlook (2018 - 2030)
Chapter 14 Europe Concrete Pump Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Concrete Pump Market Outlook (2018 - 2030)
Chapter 16 Latin America Concrete Pump Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Concrete Pump Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Concrete Pump Market TOC click here: https://www.cognitivemarketresearch.com/concrete-pump-market-report#table_of_contents
Related Report:
• Double Suction Pump Market- https://www.cognitivemarketresearch.com/double-suction-pump-market-report
• Slurry Pump Market- https://www.cognitivemarketresearch.com/slurry-pump-market-report
• Excavator Market- https://www.cognitivemarketresearch.com/excavator-market-report
• Wheel Excavator Market- https://www.cognitivemarketresearch.com/wheel-excavator-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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