Mobile Concrete Mixer Market By Product Type (Self-Loading Concrete Mixer, Mini Concrete Mixer), By Capacity (7-9 cubic meters, More than 9 cubic meters), By Application (Mining, Agriculture) And Region For 2024-2031
Report ID: 291200|No. of Pages: 202
Mobile Concrete Mixer Market By Product Type (Self-Loading Concrete Mixer, Mini Concrete Mixer), By Capacity (7-9 cubic meters, More than 9 cubic meters), By Application (Mining, Agriculture) And Region For 2024-2031
Mobile Concrete Mixer Market Valuation – 2024-2031
The mobile concrete mixer market is expanding fast due to increasing infrastructure projects and urbanization. It provides flexibility and efficiency in on-site concrete production, decreasing the need for transportation and waste. The industry is being pushed by increasing global construction activity. This is likely to enable the market size surpass USD 8.40 Billion valued in 2023 to reach a valuation of around USD 12.61 Billion by 2031.
Technological improvements, such as the integration of automation and IoT, are accelerating market expansion. Key players are investing in innovative features that will improve performance and sustainability. The Asia-Pacific region is likely to dominate market expansion, owing to rising urbanization and construction initiatives. The rising demand for Mobile Concrete Mixer is enabling the market grow at a CAGR of 5.75% from 2024 to 2031.
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Mobile Concrete Mixer Market: Definition/ Overview
A mobile concrete mixer is a vehicle-mounted unit that produces and transports concrete on-site. It increases flexibility and efficiency in construction projects, minimizing the requirement for centralized batching units.
These mixers are utilized in small to medium-sized building projects such as residential, commercial and infrastructure development. They provide new concrete right to the job site, ensuring quality while decreasing transit time.
In the future, mobile concrete mixers are projected to include modern technology including automation, GPS tracking and real-time data monitoring. These advances will improve precision and efficiency in concrete distribution.
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Will Increasing Urbanization and Infrastructure Development to Boost the Mobile Concrete Mixer Market Growth?
The mobile concrete mixer market is experiencing substantial growth as urbanization and infrastructure development accelerate. With the global population expected to be 68% urban by 2050, the demand for effective on-site concrete solutions is increasing. Furthermore, the need for nearly 230 billion square meters of new development by 2060 heightens this requirement.
As cities grow and infrastructure projects multiply, mobile concrete mixers play an important role in satisfying the increased demand for concrete. These mixers offer efficient and cost-effective solutions for rapid and flexible concrete mixing and delivery. As a result, the combination of urban growth and infrastructure needs positions the mobile concrete mixer market for significant growth in the future years, driven by the need for dependable concrete solutions in a changing landscape.
Will Environmental Regulations and Emissions Standards Hamper the Mobile Concrete Mixer Market?
Environmental restrictions and emission standards can have a considerable impact on the mobile concrete mixer business. Stricter emissions regulations, such as the US EPA’s Tier 4 Final standards, require significant reductions in particulate matter (PM) and nitrogen oxides (NOx) from non-road diesel engines. Adhering to these requirements may increase manufacturing costs and create operational issues for enterprises.
As a result, prices for mobile concrete mixers may rise, thereby delaying market growth. While compliance is critical for environmental sustainability, it may impact the competitive landscape and profitability of the mobile concrete mixer industry as companies adjust to these new criteria. Overall, the demand for greener technologies may stifle short-term growth while encouraging long-term innovation.
Category-Wise Acumens
Will Increasing Demand for Maintaining Balance Between Size and Operational Efficiency Drive the 4-6 Cubic Meters Segment?
The 4-6 cubic meter sector of the mobile concrete mixer market is predicted to grow due to rising demand for a balance of size and operating efficiency. These mixers are popular because of their adaptability, which allows construction businesses to reach peak performance on both large and small projects. The 4-6 cubic meter range hits the right balance, providing enough capacity to handle medium-sized projects without sacrificing mobility or ease of usage.
As building operations increase, particularly in metropolitan areas with limited space, the demand for compact yet effective concrete mixing systems becomes critical. This segment enables operators to efficiently navigate tight areas while providing enough concrete volume. Furthermore, developments in mixer technology enhance the efficiency and performance of these machines, making them appealing choice for contractors seeking reliable, cost-effective solutions. Therefore, the demand for 4-6 cubic meter mixers is likely to rise as businesses prioritize efficiency and operational flexibility.
Which Mobile Concrete Mixer Product Type is Currently Dominating?
Several factors contribute to the drum-type mobile concrete mixer’s market dominance. Contractors have noticed the ease of operation and excellent efficiency afforded by these mixers. The ability to properly mix concrete while ensuring a steady flow throughout transportation has been praised. Additionally, the drum mixer’s design allows for a small footprint, making it ideal for building sites with limited space.
Technological developments have been utilized, resulting in higher fuel efficiency and lower emissions in these mixers. As the demand for sustainable construction techniques grows, the drum-type mixer is becoming more popular due to its compliance with environmental requirements. As a result, an increasing preference for drum-type mobile concrete mixers is seen, further strengthening its dominance in the market.
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Country/Region-wise Acumens
Will Growing Trend Towards Sustainable Construction Practices Drive the Market in North America?
The growing trend toward sustainable construction practices is propelling the mobile concrete mixer market in North America. As of 2021, the United States has over 100,000 LEED-certified projects, indicating a strong emphasis on green building.
Mobile concrete mixers promote sustainability by reducing waste and allowing for precise, on-site concrete manufacturing. This is consistent with the growing need for environmentally friendly construction solutions, making mobile concrete mixers an important component in reaching sustainable building goals and driving market expansion in the region.
Will Increasing Investment in Road and Highway Construction Drive the Market in Asia Pacific Region?
Increasing investment in road and highway building is likely to drive the Asia-Pacific mobile concrete mixer market. The Asian Development Bank (ADB) is highlighting important infrastructure projects, including India’s intention to build 25,000 kilometers of national highways in fiscal year 2022-23. This ambitious project is part of a larger ambition to build a 200,000-kilometer highway network by 2025, which will undoubtedly necessitate the extensive usage of mobile concrete mixers.
These mixers are well regarded for their efficiency and versatility, making them perfect for large-scale projects such as road construction. Their capacity to make concrete on-site reduces transportation costs and ensures timely delivery, keeping up with the fast-paced demands of highway expansion. As infrastructure investments continue to increase, the need for mobile concrete mixers is expected to grow, positioning them as essential equipment in the region’s construction landscape.
Competitive Landscape
The mobile concrete mixer market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the mobile concrete mixer market include:
Liebherr Group, Sany Group, Shantui Construction Machinery Co. Ltd., Terex Corporation, Cifa SpA, Zoomlion, Eschbach GmbH, Revere Control Systems LLC, Asia Rocky Development Machinery Co., Ltd.
Latest Developments
- In October 2022, Putzmeister declared building sustainability with the introduction of its new all-electric concrete mixer. The brand-new iONTRON eMixer is powered by electricity and built on a SANY electric chassis. The 8×4 axle layout allows for a maximum gross weight of 34 tons. As a result, the iONTRON eMixer’s battery may last an entire day in metropolitan settings, allowing for five to six excursions with a range of up to 150 kilometers.
- In September 2022, Allison Transmission announced that it would premiere its new Allison eGen Power electric axles for construction applications such as tipper trucks, concrete mixers and heavy-duty tractors at Bauma 2022 in Munich, Germany, from October 24 to 30.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2020-2031 |
| Growth Rate | CAGR of ~5.75% from 2024 to 2031 |
| Base Year for Valuation | 2023 |
| Historical Period | 2020-2022 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Players |
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| Customization | Report customization along with purchase available upon request |
Mobile Concrete Mixer Market, By Category
Product Type:
- Truck-Mounted Concrete Mixer
- Trailer-Mounted Concrete Mixer
- Self-Loading Concrete Mixer
- Mini Concrete Mixer
Capacity:
- Less than 4 cubic meters
- 4-6 cubic meters
- 7-9 cubic meters
- More than 9 cubic meters
Application:
- Construction
- Infrastructure
- Mining
- Agriculture
Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL MOBILE CONCRETE MIXER MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL MOBILE CONCRETE MIXER MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL MOBILE CONCRETE MIXER MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Truck-Mounted Concrete Mixer
5.3 Truck-Mounted Concrete Mixer
5.4 Self-Loading Concrete Mixer
5.5 Mini Concrete Mixer
6 GLOBAL MOBILE CONCRETE MIXER MARKET, BY CAPACITY
6.1 Overview
6.2 Less than 4 cubic meters
6.3 4-6 cubic meters
6.4 7-9 cubic meters
6.5 More than 9 cubic meters
7 GLOBAL MOBILE CONCRETE MIXER MARKET, BY APPLICATION
7.1 Overview
7.2 Construction
7.3 Infrastructure
7.4 Mining
7.5 Agriculture
8 GLOBAL MOBILE CONCRETE MIXER MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 The Middle East and Africa
9 GLOBAL MOBILE CONCRETE MIXER MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Liebherr Group
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Sany Group
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Shantui Construction Machinery Co. Ltd.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Terex Corporation
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Cifa SpA
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Zoomlion
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Eschbach GmbH
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Revere Control Systems LLC
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Asia Rocky Development Machinery Co., Ltd.
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 Appendix
12.1 Related Research
Report Research Methodology
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Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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