Global mobile concrete mixer Market: Industry Analysis and Forecast, 2021–2030
The global mobile concrete mixer market report offers the complete market share, size, and the growth rate of different segments at both the country and regional levels. It provides an in-depth study of the market subtleties such as the current trends, drivers, opportunities, and even the restraining factors. The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market overview and investment prospects. The market report also involves the competitive landscape containing the profiles of top ten major players in the industry. The frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio, regional presence, key plans & policies, and overall contribution to the growth of the market.
Mobile concrete mixers are moving trucks or trailers that are used to prepare concrete by mixing cement, sand, water, gravel, and occasionally binding adhesives on the construction site. Concrete mixing drums mounted on a truck chassis are self-driven, whereas drums mounted on trailer chassis need to be pulled by attaching it to another vehicle.
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.
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Covid-19 Scenario:
- Owing to temporary closure of manufacturing facilities and disruptions in the supply chain, the global mobile concrete mixer market has been negatively impacted, especially in the initial period of the pandemic.
- Unavailability of raw materials and shortage of skilled labor force was a major challenge, which is why, carrying out manufacturing in full capacity was impossible.
- The demand from applications sectors reduced significantly due to stoppage of new construction, deployment, and maintenance activities during the lockdown. However, the demand is expected to regain during the post-lockdown.
concrete mixers produce concrete in batches, which saves wastage of concrete on a large scale, thus saving a considerable amount of construction cost. However, initial buying cost of concrete mixers is high and need regular maintenance for smooth working. This leads to high investment and maintenance cost, which acts as restraint for the market. Furthermore, during the COVID-19 outbreak, construction, manufacturing, and oil & gas industries were majorly affected. Construction activities were also stopped or restricted to a huge extent. Manufacturing and transportation activities along with their supply chains were hampered on a global level. This directly hampered the mobile concrete mixer market growth.
Report coverage & details:
| Report Coverage | Details |
| Market size available for the years | 2022-2031 |
| Base year considered | 2021 |
| Forecast period | 2022-2031 |
| Forecast unit | Value (USD) |
| Segments covered | Product TypeApplicationEnd User |
| Regions covered | North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Spain, Italy, and rest of Europe)Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific)LAMEA (Latin America, the Middle East, and Africa) |
| Companies covered | 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. Top of Form |
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Key Segments Covered
By Capacity
- Less than 6 m³
- 6-10 m³
- Above 10 m³
By Product Type
- Standard
- Volumetric
By Chassis Type
- Truck
- Trailer
Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging mobile concrete mixer market trends and dynamics.
- In-depth mobile concrete mixer market analysis is conducted by estimations for the key segments between 2021 and 2030.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
- The mobile concrete mixer market forecast analysis from 2021 to 2030 is included in the report.
- The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the mobile concrete mixer industry.