Truck Mounted Concrete Pump Market, By Type (Truck Mounted Mobile Pump, Truck Mounted Static Pump, a

Published Date: | Report Code : AT1942642

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The Truck Mounted Concrete Pump Market is anticipated to register high demand during the forecast period with increasing demand from major end-use industries such as Industrial, Residential, and Commercial during the forecast period. 

Truck mounted concrete pumps are concrete pumps attached to trucks or placed on semi-trailers. These are also commonly known as boom concrete pumps, as these are controlled by a remote called boom, which is an articulated robotic arm used for the purpose of placing concrete accurately.

The robotic arm of a truck mounted concrete pump is installed on the back of the truck. The ability of truck mounted the concrete pump to carry higher volume liquid concrete, its flexibility, and speed,  and requirement of least possible labor are expected to fuel the growth of the market.

Truck mounted concrete pumps are widely used for the purpose of transportation of liquid concrete to construction sites. These are an essential part for all sorts of construction projects; for instance, construction of multi-storied buildings, skyscrapers, large dams, business parks, hotels, large shopping malls, airport buildings, hospitals, and others. Additionally, a huge amount of investment in the construction of highways and roads and the rapidly expanding housing sector are likely to drive this market.

An increasing number of investments for the development of infrastructure, such as airports, roads,  etc., in developing countries, including China, India, and South Africa is consequently expected to strengthen the demand for truck mounted concrete pumps.

Key Factors Impacting Market Growth:

  • Increased use in the construction sector
  • Rising government expenditures on infrastructure development
  • The high impact of political factors on the construction sector
  • Restraining R&D activities

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the truck mounted concrete pump market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of truck mounted concrete pump market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for truck mounted concrete pump market in the region.

The Asia Pacific is estimated to be the fastest-growing region for truck mounted concrete pump market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for truck mounted concrete pump market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: Junjin, Liebherr Group, Putzmeister, Schwing Stetter GmbH, Apollo Inffratech, Concord Concrete Pumps,  Ajax Fiori Engineering, PCP Group,  DY Concrete Pumps, and Alliance Concrete Pumps 

Market Segmentation:

By Type:

  • Truck Mounted Mobile Pump
  • Truck Mounted Static Pump
  • Truck Mixer Concrete Pump

By End User:

  • Industrial
  • Residential
  • Commercial

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Type
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Type
    • By End User
  • Middle East
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Type
    • By End User
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Type
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the truck mounted concrete pump market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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