Concrete Pumps Market Statistical Analysis & Future Growth Opportunities 2027

Concrete Pumps Market Overview - 2027

The concrete pumps market size was valued at $3,800.0 million in 2019, and is projected to reach $4,853.2 million by 2027, registering a CAGR of 4.0% from 2020 to 2027. A concrete pump is a machine used to transfer liquid concrete by means of pumping. The pump operates by one piston drawing liquid concrete into a cylinder from a hopper, while the other simultaneously pushes its concrete out into the discharge pipes. 

Concrete pump is important in revolutionizing the construction of high-rise buildings and structures. The placement of concrete in inaccessible areas has necessitated the use of pumps in the current construction process. Especially with the growth of ready-mixed concrete across the world, the need for pumping has increased manifold. While the ease of pumping depends on the type of pump available, the distance over which the concrete is to be pumped and the properties of the concrete, along with a number of finer aspects, can affect the operation.

Competition Analysis

The key market players profiled in the concrete pumps market report include Ajax Fiori Engineering, Alliance Concrete Pumps, Concord Concrete Pumps, DY Concrete Pumps, Junjin, Liebherr, PCP Group, Sany, Schwing Stetter, and Sebhsa.

The major players operating in the global concrete pumps market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition. For instance, in January 2020, Liebherr-International AG launched 42 M5 XXT truck-mounted concrete pump at the 2020 World of Concrete show in Las Vegas, Nevada. It includes XXT outrigger support system, which offers versatility in setting up the pump. Similarly, in January 2018, Liebherr-International AG launched 50 M5 XXT truck-mounted concrete pump. The 50 M5 XXT development focused on integrating new technologies and capabilities, lowering the overall weight and optimizing product dimensions.

Key Benefits For Stakeholders

• The report provides an extensive analysis of the current and emerging concrete pumps market trends and dynamics.  
• In-depth market analysis is conducted by constructing estimations for the key segments between 2019 and 2027. 
• Extensive concrete pumps market analysis is conducted by following key product positioning and monitoring of the top competitors within the market framework.
• A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
• The global concrete pumps market forecast analysis from 2020 to 2027 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 to understand the competitive outlook of the concrete pumps market. 

Global Concrete Pumps Market Segments

By Type

• Truck-mounted Concrete Pumps
• Stationary Concrete Pumps
• Specialized Concrete Pumps

By Industrial Vertical

• Industrial
• Commercial
• Domestic

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