Mobile Concrete Mixer Market Worth $11,812.2 Million by 2030 | Allied Market

The mobile concrete mixer market size was valued at $6,755.0 million in 2020, and is expected to reach $ 11,812.2 million by 2030, registering a CAGR of 5.6% from 2021 to 2030.

Some sites require fresh concrete that is prepared on construction sites itself to avoid wastage, which eventually saves construction cost occurring due to wastage of concrete. Hence, owing to this demand, mobile concrete mixers are used to prepare concrete from raw material such as sand, cement, water, gravel, and sometimes binding adhesives. The concrete is than discharged though outlet nozzle mounted on front or back of the truck or trailer as per design.

Growth of the mobile concrete mixer market is majorly driven by rise in construction actives in developing countries. On the basis of category, the 6-10 m³ segment dominated the mobile concrete mixer market growth in 2020. Moreover, on the basis of product type, the standard segment dominated the market. Further, on the basis of chassis type, the truck segment dominated the market. In addition, on the basis of region, Asia-Pacific dominated the market, and is expected to continue this trend during the forecast period

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Major driving factors of the mobile concrete mixer market are extensive increase in investments by governments, majorly in developing countries on constructing new infrastructures such as roads, dams, tunnels, residential & commercial buildings, and other public infrastructures. In addition, ease of transportation of concrete in remote areas where roads are not well built or construction sites that have no proper access drives the mobile concrete mixer market.

Top 10 Leading Players

  • AB Volvo
  • KYB Corporation
  • Liebherr-International AG
  • Navister Inc.
  • Oshkosh Corporation
  • Sany Group
  • Schwing Stetter Group
  • Sinotruk, Tata Motors
  • Zoomlion Heavy Industry Science and Technology Co., Ltd.

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Key Market Segments
By Capacity
Less than 6 m³
6-10 m³
Above 10 m³

By Product Type

By Chassis Type

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