Concrete Pump Market Size, Share, Trends, Growth 2032

Concrete Pump Industry Prospective:

The global concrete pump market size was evaluated at $5.68 billion in 2023 and is slated to hit $8.67 billion by the end of 2032 with a CAGR of nearly 4.8% between 2024 and 2032.

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In order to offer the users of this report a comprehensive view of the concrete pump market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the market has also been enclosed. The study includes a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Concrete Pump Market: Growth Factors

A concrete pump is a heavy machine that is used to transfer liquid concrete by pumping. Concrete pumping is one of the most widely used approaches to place concrete. Generally, there are three types of concrete pumps—truck-mounted, specialized, and stationary. These concrete pumps are extensively used in the construction sectors across the globe.

The global concrete pump market is projected to grow significantly in the next few years, owing to the increasing product application for several construction activities. The rising recovery in construction expenditure across residential and non-residential sectors is likely to further propel the global concrete pump market over the estimated timeframe. Moreover, the growing domestic construction in several developing countries, such as India, China, and Brazil, is also expected to boost the concrete pump market globally in the future.

However, the high cost of concrete pumps may slowdown this market’s growth in the upcoming years. Alternatively, the growing trend of megastructures’ construction is further projected to offer new growth opportunities in the global concrete pump market in the future.

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The study also includes the market share of the key participants operating in the concrete pump market across the globe. In addition, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.

Concrete Pump Market: Segmentation

The global concrete pump market is classified based on type and end-user.

By type, the global concrete pump market includes truck-mounted concrete pumps, stationary concrete pumps, and specialized concrete pumps. Truck mounted concrete pumps are projected to grow substantially in the upcoming years. Truck mounted concrete pumps are concrete pump fitted to a truck and are also known as boom concrete pumps. The rising demand for skyscrapers and multistoried buildings in various countries is projected to drive the truck-mounted concrete pumps segment globally.

By end-user, the global concrete pump market includes industrial, commercial, and domestic. The industrial sector dominated the global market in 2018 and is likely to retain its position in the future as well. This can be attributed to the rapid industrialization in the Asia Pacific and Latin American regions.

Concrete Pump Market: Report Scope

Concrete Pump Market: Regional Insights

The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. These regions are further divided into major countries, such as the U.S., UK, Germany, Canada, France, China, Japan, India, Brazil, GCC Countries, and South Africa.

By region, the Asia Pacific region contributed the largest share to the global concrete pump market in 2018 and is expected to dominate the global market in the future. This can be attributed to the growing construction activities and rising population. The North American and European regions are anticipated to grow significantly in the upcoming years in the global concrete pump market, owing to the increasing number of commercial construction activities in these regions.

Concrete Pump Market: Competitive Space

The global concrete pump market profiles key players such as

• Concord Concrete Pumps
• LIEBHERR Group
• Ajax Fiori Engineering
• Alliance Concrete Pumps Inc
• Zoomlion Heavy Machinery Co, Ltd
• SCHWING GmbH
• Apollo Infratech Pvt. Ltd
• PCP Group
• Sany Group
• PUTZMEISTER

This report segments the global concrete pump market into:

Global Concrete Pump Market: Type Analysis

• Truck-Mounted Concrete Pumps
• Stationary Concrete Pumps
• Specialized Concrete Pumps

Global Concrete Pump Market: End-User Analysis

• Industrial
• Commercial
• Domestic

Global Concrete Pump Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa