Concrete Pumps Market - Snapshot

A concrete pump is a machine used for transferring liquid concrete by pumping. Large quantities of concrete can be transported by pumping through pipelines over appreciable distances, often to locations that may not be easily accessible by other means of delivery. Pumped concrete is transported to heights by pumping using concrete pumps. This method is used where large quantity of concrete work is required at greater height, where other means of transporting is not easy to do. Concrete pumps have been used for more than 50 years.

global concrete pumps market

Rise in industrialization has propelled demand for concrete pumps

Macroeconomic factors such as GDP growth in Europe, gradual recovery in construction expenditure across the residential and non-residential sectors, and anticipated expansion in the real estate sector supported by government initiatives to provide affordable housing are expected to drive the concrete pumps market. Developing economies create significant opportunities as penetration of advanced technological equipment is less in these countries. In 2017, the construction sector saw a rebound due to rejuvenated residential market, particularly in developed economies. This is attributed to the robust economic growth in North America and Europe. In North America, market expansion and increase in demand for infrastructure repairs created favorable conditions last year. These are expected to continue during the forecast period.

Development in precast concrete element technology is estimated to hamper the concrete pumps market during the forecast period, as it is replacing traditional construction practices. Rise in concern about economic recession and unforeseen political scenario across the globe are likely to delay or cancel infrastructure activities due to political instability and insufficient funds. Increase in industrialization and growth in demand for energy in most regions across the globe are estimated to boost the concrete pumps market in the near future. Governing bodies impose fines and take stringent action against industries upon violation of the clean environment act. High installation cost of concrete pumps is likely to restrain its adoption in small industries with less capital investment.

The residential segment to dominate the concrete pumps market

Concrete pumps are utilized for residential placements, including vertical and horizontal placement. Truck mounted concrete pumps are extensively employed for low-budget residential applications. Rise in investments in construction activities due to rapid industrialization and urbanizations propel demand for concrete pumps.

Development & innovation in product and technology

Recently, Putzmeister introduced latest concrete pump technologies such as free flow hydraulics, S-valve, cross outriggers, and highly wear resistant steel components. Launch of concrete pumps with advanced technologies in Asia Pacific is anticipated to help increase productivity in placement of concrete.

Demand for concrete pumps is likely to increase in Asia Pacific

Asia Pacific is estimated to emerge as a prominent market for the concrete pumps. High environment-consciousness in Europe and North America are projected to drive the global concrete pumps market in the near future. Large number of collaborations between manufacturers and technology developers during the next few years is likely to drive the concrete pumps market.

Highly competitive market with a few dominant players

The global concrete pumps market is a highly competitive, with a few dominant players. Key players operating in the concrete pumps market are Sany Group, Zoomlion Heavy Machinery Co, Ltd., LIEBHERR Group, SCHWING GmbH, PUTZMEISTER, Alliance Concrete Pumps Inc., Concord Concrete Pumps, and Apollo Infratech Pvt. Ltd.

Concrete Pumps Market - Overview

Concrete pumping has become one of the most widely used approaches to place concrete. With the increasing use of pumping to place concrete, the development and refinement of the practice to ensure successful concrete pumping is becoming an important need for the concrete construction industry. Pumping enables the transport of concrete to forms and molds while increasing the speed of delivery and allowing access to hard-to-reach areas. Concrete pumps are likely to vary according to the end-use industry and quality of the concrete required for construction activities. Consequently, the optimization and development of prediction methods for concrete pumping is becoming a crucial issue for the concrete industry.

Implementation of stringent regulations related to minimization of harmful carbon emissions is propelling demand for concrete pumps. Increase in construction activities and expansion in other end-use industries have resulted in the rising demand of concrete pumps. Therefore, governments of several countries are funding and supporting development and adoption of the latest technology in the concrete pumps.

Asia Pacific is estimated to emerge as one of the prominent regions of the concrete pumps market.  Highly 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 between manufacturers and technology developers during the next few years.

This report analyzes and forecasts the concrete pumps market at the global and regional level. The market has been forecast based on revenue (US$ Mn) and Volume (Units) from 2017 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global concrete pumps market. It also covers impact of these drivers and restraints on demand for concrete pumps during the forecast period. The report also highlights opportunities in the concrete pumps market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global concrete pumps market. Porter’s Five Forces model for the concrete pumps market has also been included to help understand the competitive landscape. The study encompasses market attractiveness analysis, wherein products and application are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global concrete pumps market by segmenting it in terms of end-user industry, type, and region. Based on end-user industry, the concrete pumps market has been segmented into residential, industrial, and commercial. In terms of type, the concrete pumps market has been classified into truck-mounted, stationary, and specialized. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for concrete pumps in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides the actual size of the concrete pumps market for 2017 and estimated size for 2018 with forecast for the next ten years. The global concrete pumps market has been provided in terms of revenue and volume. Market numbers have been estimated based on type and end-user industries of the concrete pumps market. Market revenue and size have been provided in terms of global, regional, and country level markets.

The global concrete pumps market is a highly competitive. Leading players dominate the market. Key players operating in the concrete pumps market are Sany Group, Zoomlion Heavy Machinery Co, Ltd., LIEBHERR Group, SCHWING GmbH, PUTZMEISTER, Alliance Concrete Pumps Inc., Concord Concrete Pumps, and Apollo Infratech Pvt. Ltd. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

The global concrete pumps market has been segmented as follows:

Concrete Pumps Market, by End-user Industry

  • Commercial
  • Industrial
  • Residential

Concrete Pumps Market, by Type

  • Truck-mounted
  • Stationary
  • Specialized

Concrete Pumps Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
    • France
    • Norway
    • The Netherlands
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Key Takeaways

  • In terms of type, the truck-mounted segment constitutes a major share of the concrete pumps market
  • Stationary concrete pump systems are also used widely. The technology effectively prevents membrane fouling or scaling and offers high recovery for various end-user industries.
  • High investments in research & development are made by key players to differentiate their products as a key strategy to expand and strengthen their market position
  • Market share of the residential end-user segment is estimated to increase in the next few years due to a strong focus on expansion in construction activities. The segment is expected to provide lucrative opportunities to the market over the forecast period.
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