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Future Trends of Truck Mounted Concrete Pump Market in Global Industry : Overview, Size, Share, Analysis and Research 2017-2025
Market Research Report
Global Truck Mounted Concrete Pump Market: Overview
Truck mounted concrete pump is a construction equipment machine which is used for transporting liquid concrete by pumping. Rising building and construction activities and infrastructure development are the major drivers that drives the growth of truck mounted concrete pump market. Asia Pacific dominates the truck mounted concrete pump market followed by North America and Europe. Countries such as China, India are expected to be the key consumers of truck mounted concrete pump. Middle East is also anticipated to grow at significant rate after Asia Pacific for truck mounted concrete pump market during forecast period.
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Truck mounted mobile pump is anticipated to be the major segment during the forecast period, and is likely to exhibit high CAGR for next eight years. In terms of end-use, residential held a major share in 2016 and is likely to be dominant market during forecast period. However, commercial is expected to grow at higher rate compare to residential and industrial segment for truck mounted concrete pump market. Rising infrastructure activities in major countries in Asia Pacific and Middle East are expected to offer major opportunities to the truck mounted concrete pump market in the next few years.
Global Truck Mounted Concrete Pump Market: Research Methodology
This report analyzes and forecasts the market for truck mounted concrete pump market at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2017 to 2025, considering 2016 as the base year. The study includes drivers and restraints of the global truck mounted concrete pump market. It also covers impact of these drivers and restraints on demand for truck mounted concrete pump market during the forecast period. The report also highlights opportunities in the truck mounted concrete pump market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global truck mounted concrete pump market. Porter’s Five Forces model for the truck mounted concrete pump market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in product type and end-users are benchmarked based on their market size, growth rate, and general attractiveness.
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Global Truck Mounted Concrete Pump Market: Segmentation
The study provides a decisive view of the global truck mounted concrete pump market by segmenting it in terms of product type and end-users. In terms of product type truck mounted concrete pump is classified as truck mounted mobile pump, truck mounted static pump, and truck mixer concrete pump. Further segmentation is based on End-users such as industrial, residential and construction. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for truck mounted concrete pump coatings in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual market size of truck mounted concrete pump for 2016 and estimated market size for 2017 with forecast for the next eight years. The global market of truck mounted concrete pump has been provided in terms revenue. Market revenue has been defined in US$ Mn. Market numbers have been estimated based on product type and end-users of truck mounted concrete pumps. Market size have been provided in terms of global, regional, and country level markets.
Global Truck Mounted Concrete Pump Market: Competitive Analysis
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, magazines and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
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