Analyst Viewpoint
Rapid pace of urbanization and infrastructure development, especially in developing countries such as China and India, is a key contributor to the truck mounted concrete pump market growth.
Surge in construction activities has led to a rise in demand for advanced construction solutions, including truck mounted pumps, to improve production abilities and reduce operational costs and reliance on manual labor.
These pumps are equipped with hydraulics and pumping mechanisms to transport concrete effectively from the source to the construction site.
Constant advancements in construction technology are also augmenting the truck mounted concrete pump market size. Integration of emerging technologies such as artificial intelligence, telematics, and IoT into construction equipment such as concrete boom trucks leads to streamlining of the construction process.
Key manufacturers of truck mounted concrete pumps are striving to improve remote-monitoring capabilities of mobile concrete pumps pumps to increase their client base and global footprint.
Truck mounted concrete pumps are construction equipment designed to transfer liquid concrete from one location to another in large construction or infrastructure projects.
Truck mounted pumps enhance mobility, and allow for precise application of concrete at required points owing to hydraulic arm and a sophisticated pumping mechanism.
Advantages of mobile concrete pumps include decrease in labor costs, increase in concrete placement efficiency, enhanced convenience, and less construction duration.
Recent truck mounted concrete pump market trends showcase the integration of advanced safety features in remote-controlled truck mounted concrete pumps. This is likely to boost the usage of these pumps in construction operations.
| Attribute | Detail |
|---|---|
| Market Drivers |
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Increase in urbanization and growth in pace of infrastructure development, especially in emerging economies, are bolstering the demand for efficient construction solutions such as truck mounted concrete pumps.
These pumps facilitate quick delivery of concrete to construction sites in a reliable manner, thus assisting in streamlining the development process, and reducing costs and reliance on manual labor.
Truck mounted concrete pumps can place an adequate volume of concrete even in challenging terrains or conditions for a versatile number of projects, ranging from high-rise buildings, dams, and highways, to remote resorts.
As per data made publicly available by the Government of India, the initiative ‘Gati Shakti’ aims to invest more than US$ 1.3 Trn in significant infrastructure development projects related to transportation, energy, agriculture, and mining.
Constant innovations in construction technology have led to an improvement in efficiency, safety, and reliability of the construction equipment.
Recent advancements in the sector leverage cutting-edge innovations to improve production ability, mobility, and hydraulics of truck mounted pumps.
Integration of pumps with novel technologies such as the Internet of Things (IoT) and telematics allows for seamless connectivity and remote monitoring for predictive maintenance and streamlined operations.
Adoption of such sophisticated features in construction equipment enhances productivity and reduces downtime and costs, thus augmenting truck mounted concrete pump market revenue.
As per Construction Drive, investments in construction technology amounted to approximately US$ 5.4 Bn across the globe in 2022. These investments are primarily based in North America, mostly in the form of startup funding with focus areas such as artificial intelligence, building information modeling, construction robotics, and green construction.
| Attribute | Detail |
|---|---|
| Leading Region | Asia Pacific |
Asia Pacific held the largest truck mounted concrete pump market share in 2022. Expansion of the commercial transportation sector and presence of a large consumer base are fueling the market statistics of the region. Rapid urbanization and surge in construction activities are also fueling market progress in Asia Pacific.
In 2020, Japan produced an estimated 1.27 million commercial vehicles, while China dominated production with 3.18 million new automobiles.
As per the latest truck mounted concrete pump market forecast, the industry in Europe and North America is projected to grow at a steady pace during the forecast period, primarily due to the presence of a robust supply chain and manufacturers of premium quality automotive components in these regions.
As per Truck Info, nearly 12.5 million commercial trucks are currently plying in the U.S. These trucks are critical components of the country’s supply chain and industrial production capabilities.
Prominent companies operating in the global truck mounted concrete pump market are investing in innovations in concrete pump trucks and high-capacity truck mounted concrete pumps to improve their reliability, safety, and quality.
Constant innovations in material design and manufacturing processes are essential for major players to meet to the growing demand in the construction sector. Additionally, mergers & acquisitions and close research collaborations are vital strategies employed by firms operating in the truck mounted concrete pump industry.
Concord Concrete Pumps Inc., Junjin Co. Ltd., Kyokuto Kaihatsu Kogyo Co., Ltd., LIEBHERR. Liugong Machinery Co., Ltd., Putzmeister, SANY Global, SCHWING Stetter, Sermac Srl, Shantui Construction Machinery co., Ltd., Xuzhou Construction Machinery Group Co., Ltd., and Zoomlion Heavy Industry Science & Technology Co, Ltd. are prominent companies operating in the global landscape.
The truck mounted concrete pump market report scope includes parameters such as company overview, financial overview, business strategies, product portfolio, and business segments of the leading companies mentioned above.
| Attribute | Detail |
|---|---|
| Market Value in 2022 (Base Year) | US$ 2.8 Bn |
| Market Forecast Value in 2031 | US$ 3.8 Bn |
| Growth Rate (CAGR) | 3.6% |
| Forecast Period | 2023-2031 |
| Historical Data Available for | 2017-2021 |
| Quantitative Units | US$ Bn for Value |
| Market Analysis | Qualitative analysis includes drivers, restraints, opportunities, key trends, key market indicators, Porter’s Five Forces analysis, value chain analysis, and SWOT analysis. Furthermore, at the regional level, the qualitative analysis includes key trends, price trends, and key supplier analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Regions Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available upon Request |
| Pricing | Available upon Request |
It was valued at US$ 2.8 Bn in 2022
It is projected to grow at a CAGR of 3.6% from 2023 to 2031
Rapid urbanization and infrastructure development, and advancements in construction technology
Asia Pacific dominated the global landscape in 2022
Concord Concrete Pumps Inc., Junjin Co. Ltd., Kyokuto Kaihatsu Kogyo Co., Ltd., LIEBHERR. Liugong Machinery Co., Ltd., Putzmeister, SANY Global, SCHWING Stetter, Sermac Srl, Shantui Construction Machinery Co., Ltd., Xuzhou Construction Machinery Group Co., Ltd., and Zoomlion Heavy Industry Science & Technology Co, Ltd.
1. Executive Summary
1.1. Global Market Outlook
1.1.1. Market Size, Value US$ Mn, 2017–2031
1.2. Go to Market Strategy
1.2.1. Demand & Supply Side Trends
1.2.2. Identification of Potential Market Spaces
1.2.3. Understanding the Buying Process of the Customers
1.2.4. Preferred Sales & Marketing Strategy
1.3. Competitive Dashboard Analysis
2. Market Overview
2.1. Market Definition / Scope / Limitations
2.2. TMR Analysis and Recommendations
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunity
2.4. Market Factor Analysis
2.4.1. Porter’s Five Force Analysis
2.4.2. SWOT Analysis
2.5. Regulatory Scenario
2.6. Key Trend Analysis
2.7. Value Chain Analysis
2.8. Cost Structure Analysis
2.9. Profit Margin Analysis
3. Global Truck Mounted Concrete Pump Market, By Type
3.1. Market Snapshot
3.1.1. Introduction, Definition, and Key Findings
3.1.2. Market Growth & Y-o-Y Projections
3.1.3. Base Point Share Analysis
3.2. Global Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Type
3.2.1. Boom or Truck Mounted Pump
3.2.2. Trailer, Line, or Stationary Pump
3.2.3. Specialized Usage Pump
4. Global Truck Mounted Concrete Pump Market, By End-use Industry
4.1. Market Snapshot
4.1.1. Introduction, Definition, and Key Findings
4.1.2. Market Growth & Y-o-Y Projections
4.1.3. Base Point Share Analysis
4.2. Global Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By End-use Industry
4.2.1. Industrial
4.2.2. Commercial
4.2.3. Domestic
5. Global Truck Mounted Concrete Pump Market, by Region
5.1. Market Snapshot
5.1.1. Introduction, Definition, and Key Findings
5.1.2. Market Growth & Y-o-Y Projections
5.1.3. Base Point Share Analysis
5.2. Global Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Region
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. South America
6. North America Truck Mounted Concrete Pump Market
6.1. Market Snapshot
6.2. North America Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Type
6.2.1. Boom or Truck Mounted Pump
6.2.2. Trailer, Line, or Stationary Pump
6.2.3. Specialized Usage Pump
6.3. North America Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By End-use Industry
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Domestic
6.4. North America Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Country
6.4.1. U. S.
6.4.2. Canada
6.4.3. Mexico
7. Europe Truck Mounted Concrete Pump Market
7.1. Market Snapshot
7.2. Europe Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Type
7.2.1. Boom or Truck Mounted Pump
7.2.2. Trailer, Line, or Stationary Pump
7.2.3. Specialized Usage Pump
7.3. Europe Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By End-use Industry
7.3.1. Industrial
7.3.2. Commercial
7.3.3. Domestic
7.4. Europe Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Country
7.4.1. Germany
7.4.2. U.K.
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Nordic Countries
7.4.7. Russia & CIS
7.4.8. Rest of Europe
8. Asia Pacific Truck Mounted Concrete Pump Market
8.1. Market Snapshot
8.2. Asia Pacific Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Type
8.2.1. Boom or Truck Mounted Pump
8.2.2. Trailer, Line, or Stationary Pump
8.2.3. Specialized Usage Pump
8.3. Asia Pacific Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By End-use Industry
8.3.1. Industrial
8.3.2. Commercial
8.3.3. Domestic
8.4. Asia Pacific Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. ASEAN Countries
8.4.5. South Korea
8.4.6. ANZ
8.4.7. Rest of Asia Pacific
9. Middle East & Africa Truck Mounted Concrete Pump Market
9.1. Market Snapshot
9.2. Middle East & Africa Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Type
9.2.1. Boom or Truck Mounted Pump
9.2.2. Trailer, Line, or Stationary Pump
9.2.3. Specialized Usage Pump
9.3. Middle East & Africa Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By End-use Industry
9.3.1. Industrial
9.3.2. Commercial
9.3.3. Domestic
9.4. Middle East & Africa Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Country
9.4.1. GCC
9.4.2. South Africa
9.4.3. Turkey
9.4.4. Rest of Middle East & Africa
10. South America Truck Mounted Concrete Pump Market
10.1. Market Snapshot
10.2. South America Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Type
10.2.1. Boom or Truck Mounted Pump
10.2.2. Trailer, Line, or Stationary Pump
10.2.3. Specialized Usage Pump
10.3. South America Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By End-use Industry
10.3.1. Industrial
10.3.2. Commercial
10.3.3. Domestic
10.4. South America Truck Mounted Concrete Pump Market Size & Forecast, 2017–2031, By Country
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Competitive Landscape
11.1. Company Share Analysis/ Brand Share Analysis, 2022
11.2. Company Analysis for each player Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share
12. Company Profile/ Key Players
12.1. Concord Concrete Pumps Inc.
12.1.1. Company Overview
12.1.2. Company Footprints
12.1.3. Production Locations
12.1.4. Product Portfolio
12.1.5. Competitors & Customers
12.1.6. Subsidiaries & Parent Organization
12.1.7. Recent Developments
12.1.8. Financial Analysis
12.1.9. Profitability
12.1.10. Revenue Share
12.2. Junjin Co. Ltd.
12.2.1. Company Overview
12.2.2. Company Footprints
12.2.3. Production Locations
12.2.4. Product Portfolio
12.2.5. Competitors & Customers
12.2.6. Subsidiaries & Parent Organization
12.2.7. Recent Developments
12.2.8. Financial Analysis
12.2.9. Profitability
12.2.10. Revenue Share
12.3. Kyokuto Kaihatsu Kogyo Co., Ltd.
12.3.1. Company Overview
12.3.2. Company Footprints
12.3.3. Production Locations
12.3.4. Product Portfolio
12.3.5. Competitors & Customers
12.3.6. Subsidiaries & Parent Organization
12.3.7. Recent Developments
12.3.8. Financial Analysis
12.3.9. Profitability
12.3.10. Revenue Share
12.4. LIEBHERR
12.4.1. Company Overview
12.4.2. Company Footprints
12.4.3. Production Locations
12.4.4. Product Portfolio
12.4.5. Competitors & Customers
12.4.6. Subsidiaries & Parent Organization
12.4.7. Recent Developments
12.4.8. Financial Analysis
12.4.9. Profitability
12.4.10. Revenue Share
12.5. Liugong Machinery Co., Ltd.
12.5.1. Company Overview
12.5.2. Company Footprints
12.5.3. Production Locations
12.5.4. Product Portfolio
12.5.5. Competitors & Customers
12.5.6. Subsidiaries & Parent Organization
12.5.7. Recent Developments
12.5.8. Financial Analysis
12.5.9. Profitability
12.5.10. Revenue Share
12.6. Putzmeister
12.6.1. Company Overview
12.6.2. Company Footprints
12.6.3. Production Locations
12.6.4. Product Portfolio
12.6.5. Competitors & Customers
12.6.6. Subsidiaries & Parent Organization
12.6.7. Recent Developments
12.6.8. Financial Analysis
12.6.9. Profitability
12.6.10. Revenue Share
12.7. SANY Global
12.7.1. Company Overview
12.7.2. Company Footprints
12.7.3. Production Locations
12.7.4. Product Portfolio
12.7.5. Competitors & Customers
12.7.6. Subsidiaries & Parent Organization
12.7.7. Recent Developments
12.7.8. Financial Analysis
12.7.9. Profitability
12.7.10. Revenue Share
12.8. SCHWING Stetter
12.8.1. Company Overview
12.8.2. Company Footprints
12.8.3. Production Locations
12.8.4. Product Portfolio
12.8.5. Competitors & Customers
12.8.6. Subsidiaries & Parent Organization
12.8.7. Recent Developments
12.8.8. Financial Analysis
12.8.9. Profitability
12.8.10. Revenue Share
12.9. Sermac Srl
12.9.1. Company Overview
12.9.2. Company Footprints
12.9.3. Production Locations
12.9.4. Product Portfolio
12.9.5. Competitors & Customers
12.9.6. Subsidiaries & Parent Organization
12.9.7. Recent Developments
12.9.8. Financial Analysis
12.9.9. Profitability
12.9.10. Revenue Share
12.10. Shantui Construction Machinery co., Ltd
12.10.1. Company Overview
12.10.2. Company Footprints
12.10.3. Production Locations
12.10.4. Product Portfolio
12.10.5. Competitors & Customers
12.10.6. Subsidiaries & Parent Organization
12.10.7. Recent Developments
12.10.8. Financial Analysis
12.10.9. Profitability
12.10.10. Revenue Share
12.11. Xuzhou Construction Machinery Group Co., Ltd.
12.11.1. Company Overview
12.11.2. Company Footprints
12.11.3. Production Locations
12.11.4. Product Portfolio
12.11.5. Competitors & Customers
12.11.6. Subsidiaries & Parent Organization
12.11.7. Recent Developments
12.11.8. Financial Analysis
12.11.9. Profitability
12.11.10. Revenue Share
12.12. Zoomlion Heavy Industry Science & Technology Co, Ltd.
12.12.1. Company Overview
12.12.2. Company Footprints
12.12.3. Production Locations
12.12.4. Product Portfolio
12.12.5. Competitors & Customers
12.12.6. Subsidiaries & Parent Organization
12.12.7. Recent Developments
12.12.8. Financial Analysis
12.12.9. Profitability
12.12.10. Revenue Share
List of Tables
Table 1: Global Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Table 2: Global Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Table 3: Global Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Region, 2017–2031
Table 4: North America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Table 5: North America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Table 6: North America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 7: Europe Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Table 8: Europe Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Table 9: Europe Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 10: Asia Pacific Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Table 11: Asia Pacific Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Table 12: Asia Pacific Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 13: Middle East & Africa Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Table 14: Middle East & Africa Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Table 15: Middle East & Africa Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 16: South America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Table 17: South America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Table 18: South America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
List of Figures
Figure 1: Global Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Figure 2: Global Truck Mounted Concrete Pump Market, Incremental Opportunity, By Type, Value (US$ Mn), 2022–2031
Figure 3: Global Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Figure 4: Global Truck Mounted Concrete Pump Market, Incremental Opportunity, By End-use Industry, Value (US$ Mn), 2022–2031
Figure 5: Global Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Region, 2017–2031
Figure 6: Global Truck Mounted Concrete Pump Market, Incremental Opportunity, by Region, Value (US$ Mn), 2022–2031
Figure 7: North America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Figure 8: North America Truck Mounted Concrete Pump Market, Incremental Opportunity, By Type, Value (US$ Mn), 2022–2031
Figure 9: North America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Figure 10: North America Truck Mounted Concrete Pump Market, Incremental Opportunity, By End-use Industry, Value (US$ Mn), 2022–2031
Figure 11: North America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Figure 12: North America Truck Mounted Concrete Pump Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022–2031
Figure 13: Europe Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Figure 14: Europe Truck Mounted Concrete Pump Market, Incremental Opportunity, By Type, Value (US$ Mn), 2022–2031
Figure 15: Europe Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Figure 16: Europe Truck Mounted Concrete Pump Market, Incremental Opportunity, By End-use Industry, Value (US$ Mn), 2022–2031
Figure 17: Europe Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Figure 18: Europe Truck Mounted Concrete Pump Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022–2031
Figure 19: Asia Pacific Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Figure 20: Asia Pacific Truck Mounted Concrete Pump Market, Incremental Opportunity, By Type, Value (US$ Mn), 2022–2031
Figure 21: Asia Pacific Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Figure 22: Asia Pacific Truck Mounted Concrete Pump Market, Incremental Opportunity, By End-use Industry, Value (US$ Mn), 2022–2031
Figure 23: Asia Pacific Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Figure 24: Asia Pacific Truck Mounted Concrete Pump Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022–2031
Figure 25: Middle East & Africa Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Figure 26: Middle East & Africa Truck Mounted Concrete Pump Market, Incremental Opportunity, By Type, Value (US$ Mn), 2022–2031
Figure 27: Middle East & Africa Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Figure 28: Middle East & Africa Truck Mounted Concrete Pump Market, Incremental Opportunity, By End-use Industry, Value (US$ Mn), 2022–2031
Figure 29: Middle East & Africa Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Figure 30: Middle East & Africa Truck Mounted Concrete Pump Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022–2031
Figure 31: South America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By Type, 2017–2031
Figure 32: South America Truck Mounted Concrete Pump Market, Incremental Opportunity, By Type, Value (US$ Mn), 2022–2031
Figure 33: South America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, By End-use Industry, 2017–2031
Figure 34: South America Truck Mounted Concrete Pump Market, Incremental Opportunity, By End-use Industry, Value (US$ Mn), 2022–2031
Figure 35: South America Truck Mounted Concrete Pump Market Value (US$ Mn) Forecast, by Country, 2017–2031
Figure 36: South America Truck Mounted Concrete Pump Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022–2031
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Truck Mounted Concrete Pump Market
