The Report in light of Global Concrete Pumps Market is the latest extension to the database of Infinium Global Research. This exploration investigates in light of uses, advancement, geology, and sorts. The Report gives a clear Global Concrete Pumps Market audit nearby the examination of industry’s gross edge, cost structure, usage esteem, and deal cost. The principle partnership of the Concrete Pumps Market, makers, and dealers are profiled in the report close by the latest Industry change present and future examples. The report also deep dives into the sub-segments of Concrete Pumps Market by product type (truck mounted concrete pumps, stationery concrete pumps and specialized concrete pumps) and end-user (industrial, commercial and domestic) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.
The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Concrete Pumps Market are KCP Heavy Industries, Apollo Infratech Pvt. Ltd, Fangyuan Group Inc, Concord Concrete Pumps, Alliance Concrete Pumps, Inc., Sany Group, Zoomlion Heavy Machinery Co, Ltd, LIEBHERR Group, SCHWING GmbH and PUTZMEISTER.
Increasing Infrastructural Investment to Promote Growth in Concrete Pumps Market Over 2018-2024
Increasing demand for high capacity concrete pumps are fueling the concrete pumps market. However, high cost of concrete pumps is likely to hamper the adoption of small industries with less capital investment. In addition, increase in concern regarding economic recession are anticipated to delay the infrastructure activities owing to the political instability and insufficient funds.
Furthermore, the growing trend of high-rise buildings, complex design, and mega structure construction have resulted in increased output and improved productive concrete pumps. This in turn have opened several doors of opportunity for the growth of the concrete pumps market over the upcoming years. Moreover, developing economies create significant growth opportunities as the saturation of advanced technological equipment’s are less in some parts of the country.
Asia Pacific region to contribute to growth in the global Concrete Pumps market over the next 6 years
Among the geographies, Asia Pacific is expected to emerge as the prominent market for the concrete pumps market. Additionally rapid growth in the residential construction and the development of infrastructural facilities in the developing countries such as India and Malaysia are showing a considerable growth in the demand for concrete pumps market. Moreover, Europe and North America are anticipated to drive the global concrete pumps market owing to the high environment consciousness during the near future. On the other hand, rising infrastructure in Middle East and Launch of concrete pumps with advanced technologies in Asia Pacific is estimated to help increase productivity in placement of concrete.
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New product development to drive the growth in the Concrete Pumps market
The prominent players profiled in the concrete pumps market are Sany Group, Zoomlion Heavy Machinery Co, Ltd., LIEBHERR Group, and PUTZMEISTER.
PUTZMEISTER introduced the latest concrete pump technologies such as free flow hydraulics and highly wear resistant steel components. Hence, launch of this technology helped to increase the productivity in placement of concrete. Furthermore, the development of innovative products and efficient aftersales services helps the vendors to gain competitive edge over the competitors.