Concrete Equipment Market Size:
The Concrete Equipment Market size was valued at USD 18.66 billion in 2023. It is expected to grow to USD 24.97 billion by 2032 and grow at a CAGR of 3.29% over the forecast period of 2024-2032.
The concrete equipment market has witnessed robust growth in recent years, driven by increased demand in construction and infrastructure projects globally. This growth is fueled by government initiatives aimed at boosting infrastructure development, such as urbanization programs and smart city initiatives. The demand for concrete equipment is particularly high in emerging economies where large-scale construction projects are in progress. Additionally, technological advancements in concrete machinery, including automated batching plants, high-performance concrete pumps, and modern mixers, have enhanced the efficiency and quality of construction work, leading to higher adoption rates. The rise in private and public sector investments in construction and transportation infrastructure further contributes to the growth of this market. The Indian concrete equipment market saw a significant increase in sales volume, growing by 62%.
Furthermore, equipment like concrete pumps and self-loading mixers are becoming more popular due to their efficiency in handling large-scale projects, reducing manual labor, and improving operational speed. These innovations help address labor shortages and ensure quicker project completions, making them essential in today’s fast-paced construction environment. The market is also witnessing an increasing focus on sustainability, with equipment manufacturers integrating eco-friendly technologies to reduce emissions and energy consumption. This shift aligns with global trends toward environmental responsibility. As the demand for high-quality construction materials rises, the concrete equipment market is expected to continue expanding, driven by technological innovations, rising infrastructure projects, and government support for urban development.
MARKET DYNAMICS
DRIVERS
Rapid urbanization in emerging economies drives the demand for concrete equipment as it supports large-scale infrastructure projects like housing, roads, and airports, requiring faster, more efficient construction methods.
Rapid urbanization, particularly in emerging economies, is a key driver of growth in the concrete equipment market. As cities expand and populations grow, there is an escalating demand for residential, commercial, and public infrastructure projects. The need for housing, office buildings, transportation networks like roads and bridges, and airports is creating a substantial demand for concrete construction. To meet this growing need, construction companies are increasingly turning to advanced concrete equipment that can ensure faster and more efficient project execution. Equipment such as concrete pumps, mixers, and batching plants enables higher productivity, precision, and quality, significantly reducing construction time. Moreover, these technologies allow contractors to handle large-scale projects with improved safety and cost-efficiency. As governments and private investors continue to invest in urban development and infrastructure, the demand for advanced concrete equipment will continue to rise, driving the market forward in the coming years.
RESTRAINT
High initial capital costs and ongoing maintenance expenses of concrete equipment create financial barriers for small and medium-sized contractors, limiting their market entry and growth.
The high initial capital costs associated with concrete equipment pose a significant challenge for small and medium-sized contractors. Purchasing advanced machinery, such as concrete pumps, mixers, and batching plants, requires a substantial financial investment, which may be beyond the reach of smaller businesses. In addition to the upfront costs, these machines often require ongoing maintenance, which adds to the overall financial burden. Operational expenses, including fuel, labor, and wear-and-tear costs, further strain the budgets of contractors. As a result, many small and medium-sized companies are unable to afford the latest equipment, limiting their ability to compete with larger firms that can invest in cutting-edge technology. This financial barrier not only restricts market entry but also hampers the growth and scalability of smaller construction businesses, making it difficult for them to capitalize on the increasing demand for concrete services driven by urbanization and infrastructure development.
MARKET SEGMENTATION
By Type
The Concrete Pumps segment dominated with the market share over 58% in 2023, due to their superior efficiency and capability in delivering concrete to challenging locations at construction sites. Particularly in high-rise buildings and large-scale infrastructure projects, concrete pumps provide an essential service by ensuring that concrete is delivered quickly and precisely to hard-to-reach areas, reducing the time and labor involved in traditional methods like cranes or manual labor. These pumps are capable of moving concrete over long distances, including vertically, making them ideal for urban construction where space and access are limited. Furthermore, their ability to ensure consistent quality and reduce material wastage during delivery enhances the overall construction process. The increasing demand for skyscrapers, bridges, and tunnels, combined with the rising need for faster construction timelines, has led to concrete pumps becoming a preferred choice, solidifying their dominance in the market.
By Application
The Road Construction segment dominated with the market share over 42% in 2023, primarily due to the surging demand for infrastructure development in both developed and emerging economies. Road construction projects necessitate large quantities of concrete for various applications such as paving, curbing, and constructing bridges, all of which require specialized concrete equipment like mixers, pumps, and finishing machines. As governments and private sectors focus on improving road networks and building resilient transportation infrastructure, the demand for concrete equipment continues to rise.
KEY REGIONAL ANALYSIS
North America region dominated with the market share over 42%in 2023. This dominance is driven by extensive construction activities in the United States and Canada, where there is a consistent demand for concrete machinery. The region's ongoing large-scale infrastructure projects, such as roads, bridges, and commercial buildings, fuel the need for advanced concrete equipment. Additionally, North America's high construction standards and focus on technological advancements in the construction sector further enhance the market's growth. The region’s strong economic performance and investment in construction infrastructure continue to support its market leadership.
Europe is witnessing rapid growth in the concrete equipment market due to the surge in infrastructure projects such as road and bridge construction. The region's emphasis on sustainable building practices and the integration of advanced concrete technologies are significant factors fueling this growth. Governments and private entities are increasingly investing in modernizing infrastructure, which requires innovative concrete solutions. Moreover, Europe’s commitment to eco-friendly construction methods drives demand for efficient, energy-saving equipment. This combination of infrastructure development, sustainability goals, and technological advancements positions Europe as the fastest-growing market for concrete equipment, reflecting its dynamic construction sector.
Some of the major key players of the Concrete Equipment Market
Schwing (Concrete Pumps, Concrete Mixers)
Liebherr (Concrete Mixers, Mobile Concrete Pumps)
Gough Engineering (Concrete Batching Plants, Concrete Mixers)
Sicoma (Concrete Mixers, Batching Plants)
KYB (Concrete Pumps, Concrete Mixers)
IHI (Concrete Pumps, Batching Plants)
Alliance (Concrete Pumps, Mixers)
Continental (Concrete Mixers, Concrete Batching Plants)
SANY (Concrete Pumps, Concrete Mixers, Batching Plants)
Zoomlion (Concrete Pumps, Concrete Mixers, Batching Plants)
CAMC (Concrete Mixers, Pumps)
XCMG (Concrete Pumps, Concrete Mixers, Batching Plants)
SHANGHAI HUAJIAN (Concrete Mixers, Concrete Pumps)
Fangyuan Group (Concrete Batching Plants, Concrete Mixers)
NFLG (Concrete Batching Plants, Concrete Mixers)
Janeoo (Concrete Batching Plants, Concrete Mixers)
Volvo Construction Equipment (Concrete Mixers, Mobile Concrete Pumps)
Cifa (Concrete Pumps, Concrete Mixers)
Terex (Concrete Pumps, Batching Plants)
Doosan Infracore (Concrete Mixers, Concrete Pumps)
Suppliers for (High-quality, durable construction machinery, including concrete mixers, pumps, and batching plants) on Concrete Equipment Market
Liebherr Group
EFCO Forming & Shoring Solutions
CIFA - Concrete Machinery
Putzmeister America, Inc.
Macons Equipments Pvt. Ltd.
Schwing Stetter
Qadri Group
Vince Hagan Company
BHS-Sonthofen Group
Changsha Smart Machinery Technology Co., Ltd
RECENT DEVELOPMENT
In December 17, 2024: Schwing Stetter India set a revenue growth target of 20% for 2025 during bauma CONEXPO 2024. The company presented over 45 advanced machines, including new crushers and upgraded models, and anticipates steady growth in the concrete construction equipment sector, driven by government infrastructure projects and heightened construction activity following the monsoon season.
In February 29, 2024: Liebherr unveiled the 36 XXT truck-mounted concrete pump, featuring cutting-edge technologies such as a five-fold placing boom, Powerbloc drive unit, and semi-closed oil circuit. The pump is compact, highly maneuverable, and designed for optimal stability, making it well-suited for urban job sites with limited space.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 18.66 billion |
Market Size by 2032 | USD 24.97 billion |
CAGR | CAGR of 3.29% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Concrete Pumps, Concrete Mixers) • By Application (Road Construction, Industrial Building, Commercial Building) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Schwing, Liebherr, Gough Engineering, Sicoma, KYB, IHI, Alliance, Continental, SANY, Zoomlion, CAMC, XCMG, SHANGHAI HUAJIAN, Fangyuan Group, NFLG, Janeoo, Volvo Construction Equipment, Cifa, Terex, Doosan Infracore. |
Key Drivers | • Rapid urbanization in emerging economies drives the demand for concrete equipment as it supports large-scale infrastructure projects like housing, roads, and airports, requiring faster, more efficient construction methods. |
Restraints | • High initial capital costs and ongoing maintenance expenses of concrete equipment create financial barriers for small and medium-sized contractors, limiting their market entry and growth. |
Ans: The Concrete Equipment Market is expected to grow at a CAGR of 3.29% during 2024-2032.
Ans: The Concrete Equipment Market was USD 18.66 billion in 2023 and is expected to Reach USD 24.97 billion by 2032.
Ans: Rapid urbanization in emerging economies drives the demand for concrete equipment as it supports large-scale infrastructure projects like housing, roads, and airports, requiring faster, more efficient construction methods.
Ans: The “Concrete Pumps” segment dominated the Concrete Equipment Market.
Ans: North America dominated the Concrete Equipment Market in 2023
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Manufacturing Output, by Region, (2020-2023)
5.2 Utilization Rates, by Region, (2020-2023)
5.3 Maintenance and Downtime Metrix
5.4 Technological Adoption Rates, by Region
5.5 Export/Import Data, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Concrete Equipment Market Segmentation, By Type
7.1 Chapter Overview
7.2 Concrete Pumps
7.2.1 Concrete Pumps Market Trends Analysis (2020-2032)
7.2.2 Concrete Pumps Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Concrete Mixers
7.3.1 Concrete Mixers Market Trends Analysis (2020-2032)
7.3.2 Concrete Mixers Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Concrete Equipment Market Segmentation, By Application
8.1 Chapter Overview
8.2 Road Construction
8.2.1 Road Construction Market Trends Analysis (2020-2032)
8.2.2 Road Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Industrial Building
8.3.1 Industrial Building Market Trends Analysis (2020-2032)
8.3.2 Industrial Building Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Commercial Building
8.3.1 Commercial Building Market Trends Analysis (2020-2032)
8.3.2 Commercial Building Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Concrete Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.4 North America Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.5.2 USA Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.6.2 Canada Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.7.2 Mexico Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Concrete Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.5.2 Poland Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.6.2 Romania Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Concrete Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.4 Western Europe Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.5.2 Germany Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.6.2 France Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.7.2 UK Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.8.2 Italy Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.9.2 Spain Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.12.2 Austria Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4 Asia-Pacific
9.4.1 Trends Analysis
9.4.2 Asia-Pacific Concrete Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia-Pacific Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.4 Asia-Pacific Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 China Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 India Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 Japan Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.6.2 South Korea Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.7.2 Vietnam Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.8.2 Singapore Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.9.2 Australia Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia-Pacific
9.4.10.1 Rest of Asia-Pacific Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia-Pacific Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Concrete Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.4 Middle East Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.5.2 UAE Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Concrete Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.4 Africa Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Concrete Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.4 Latin America Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.5.2 Brazil Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.6.2 Argentina Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.7.2 Colombia Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Concrete Equipment Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Concrete Equipment Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
11. Company Profiles
11.1 XCMG
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Zoomlion
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Fangyuan Group
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 NFLG
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 KYB
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 SANY
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Alliance
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 SHANGHAI HUAJIAN
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Gough Engineering
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Sicoma
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
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Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Type
Concrete Pumps
Concrete Mixers
By Application
Road Construction
Industrial Building
Commercial Building
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Regional Coverage
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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