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Global Concrete Pumps Market to be Worth US$ 6 Billion by 2026 - TMR

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News provided by

Transparency Market Research

21 Jun, 2018, 09:30 GMT

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ALBANY, New York, June 21, 2018 /PRNewswire/ --

The global Concrete Pumps Market was valued at US$ 3.5 Bn in 2017 and is anticipated to expand at a CAGR of more than 6% from 2017 to 2026, according to a new report titled 'Concrete Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017- 2026" published by Transparency Market Research (TMR).

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

Concrete pump is a machine utilized for transporting liquid concrete through pumping. A common type of concrete pump is the one attached to a truck. Growth of the concrete pumps market is highly dependent on construction activities. Shift toward clean energy is expected to drive the demand for concrete pumps in the near future. Upsurge in construction activities across the globe has led to a significant rise in demand for construction equipment, such as, concrete pumps. These factors are likely to continue to drive the global concrete pumps market during the forecast period.  

Get a PDF brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=45774

Across segments of the construction industry, demand for concrete pumps has been strongly influenced by the wide-scale construction activities in various developing and developed countries.

Rise in concern about economic recession and delay in projects 

Unforeseen political scenario across the globe is likely to delay or abandon infrastructure activities due to political instability and insufficient funding. Moreover, construction activities are likely to be hampered due to economic recession, causing delay in multiple projects. This, in turn, can hamper the demand for concrete pumps. Rise in concern regarding the environment is likely to compel industries to adopt concrete pumps as a necessary solution in order to gain public acceptance. High installation cost of concrete pumps can be a restraining factor, especially for small-scale industries with inadequate capital.

Request a Sample for Industry Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=45774

Truck mounted concrete pumps segment is anticipated to expand significantly 

In terms of type, the truck mounted concrete pumps segment currently holds a major share of the global concrete pumps market due to their ability to pump large quantity of cement slurries for high-rise buildings quickly and efficiently. Development of the construction industry in Europe and Asia Pacific has propelled the demand for truck mounted concrete pumps. The stationary concrete pumps segment is likely to expand at a CAGR of more than 5% during the forecast period, followed by the specialized concrete pumps segment during the forecast period.

Get Multiple Chapters of this Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=45774

Innovation, quality improvement, and recent developments in concrete pumps 

Concrete pump manufacturers are focusing on making compact truck mounted concrete pumps by reducing the weight of the components, without affecting the optimum efficiency of the product. This can help reduce the price of concrete pumps considerably. Concrete pumps can be operated through radio remote control from distant locations.

Asia Pacific to lead concrete pumps market 

Asia Pacific is estimated to emerge as one of the prominent markets for concrete pumps during the forecast period. Environment-conscious Europe and North America are projected to lead the global concrete pumps market in the near future. The concrete pumps market is projected to witness a large number of collaborations among manufacturers and technology developers during the next few years. Over the years, China has become a strategic center for development of concrete pumps. This is projected to boost the demand for concrete pumps systems in Asia Pacific in the near future.

Request for Customization Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=45774

Highly competitive market with domination of top players 

The global concrete pumps market is highly competitive. In order to acquire higher market share, companies operating in North America, Middle East & Africa, and Asia Pacific are rapidly expanding their production facilities of concrete pumps. Leading players are dominating the market. Key players operating in the concrete pumps market are Zoomlion Heavy Machinery Co. Ltd, SCHWING GmbH, Sany Group, and LIEBHERR Group.

Browse Press Release at https://www.transparencymarketresearch.com/pressrelease/concrete-pumps-market.htm

Concrete Pumps Market, by End-user Industry 

  • Industrial
  • Residential
  • Commercial

Concrete Pumps Market, by Type 

  • Truck Mounted
  • Stationary
  • Specialized

Concrete Pumps Market, by Region 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Popular Research Reports by TMR:    

  • Concrete Mixer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026; https://www.transparencymarketresearch.com/concrete-mixer-market.html
  • Pump Caps Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025: https://www.transparencymarketresearch.com/pump-caps-market.html

About Us 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com


Website: http://www.transparencymarketresearch.com

Research Blog: http://www.editiontruth.com/

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