Global Wet Screed Market: Introduction

Wet screed is equipment used to provide finishing to concrete floors. It carries out several working processes which includes spreading, screeding, and compacting. The handle of a wet screed makes it very easy to move and operate. Wet screeds are available in different sizes and blade width.

Global Wet Screed Market: Competition Landscape

Wacker Neuson SE

Wacker Neuson SE was founded in the year 1848. It is headquartered in Munich, Germany. The company has around 5,370 employees worldwide and is engaged in the manufacturing and distribution of light and compact equipment under the Wacker Neuson, Kramer, and Weidemann brand names in Europe, the Americas, and Asia Pacific. The company offers internal and external vibrators for concrete compaction; trowels and screeds for concrete finishing; rammers, and vibratory plates etc.

Schwamborn GmbH

Schwamborn GmbH was incorporated in 1935. The company is headquartered in Wangen / Go?ppingen, Germany. The company offers a wide range of grinding, milling, cleaning, vacuuming, and trowelling machines and accessories across the world.

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Allen Engineering Corporation

Allen Engineering Corporation was founded in the year 1964 and is headquartered in Paragould, Arkansas, USA. The company has its manufacturing and distribution facility located in Paragould. It designs, engineers, and markets a complete line of concrete placing, finishing, and paving equipment. Allen Engineering Corporation serves customers worldwide.

MBW Incorporated

MBW Incorporated was established in 1967 and is headquartered in Wisconsin, U.S. The company is engaged in the manufacturing of products used in various verticals of construction industry which includes small compaction, concrete and related equipment. The company has a wide range of distributors across the globe.

Global Wet Screed Market: Dynamics

Evolution in construction industry

Rise in infrastructure development projects across the globe has created immense opportunities for manufacturers and distributors of wet screed. Asia Pacific is anticipated to be the fastest growing region in the wet screed market as demand for wet screed is increasing rapidly. China, India, Malaysia, and Indonesia are projected to drive the wet screed market during the forecast period.

Rise in expenditure on advertising and promotions

Product innovation and heavy investments on advertising and promotions is revolutionizing the wet screed market as a whole. Start-up companies are tapping the market with new ideas and making investment on new product development. Companies are getting funding from investors as they anticipate significant growth of the wet screed market during the forecast period. Manufacturing companies are conducting promotional drives to increase the penetration of this product in the market.

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Global Wet Screed Market: Segmentation

The global wet screed market can be segmented based on:

  • Beam Type
  • Mode of Operation
  • Blade Width
  • Distribution Channel
  • Region

Global Wet Screed Market, by Beam Type

Based on beam type, the global wet screed market can be divided into:

  • Single Beam
  • Double Beam

Global Wet Screed Market, by Mode of Operation

In terms of mode of operation, the global wet screed market can be categorized into:

  • Battery Operated
  • Gasoline Operated

Global Wet Screed Market, by Blade Width

In terms of blade width, the global wet screed market can be categorized into:

  • 1 mm - 3 mm
  • 4 mm - 6 mm
  • Above 6 mm

Global Wet Screed Market, by Distribution Channel

Based on distribution channel, the global Wet Screed Market can be divided into:

  • Offline
  • Online

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

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  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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