Concrete pump is a machine used for transferring liquid concrete by pumping. It is mainly used for the construction of concrete structures such as bridges, buildings, and foundations. The main components of a concrete pump include a hopper, hydraulic system, delivery cylinder, delivery pipeline, and a control system. The most commonly used type of concrete pump is the boom type concrete pump, which is able to provide higher pressure and longer reach.
The usage of concrete pumps is wide-ranging. It is used in a variety of applications including bridge decks, commercial complexes, foundations, highways, road and railway networks, and more. Additionally, it is used to transfer concrete between different sites and can be used for laying concrete slabs, tanks, and other complex structures.
The global overview of concrete pump market is quite optimistic. The market is projected to grow at a CAGR of 5.76% from 2019 to 2024. The rapid rise in urbanization and infrastructural development is expected to drive the demand for concrete pumps in the coming years. Moreover, the globalization of the construction industry is likely to create increased demand for concrete pumps globally. The Asia-Pacific region is expected to witness the highest growth rate for the concrete pump market, owing to the substantial construction activities in the region. Additionally, the rising awareness about project management and government initiatives to promote efficient and sustainable construction practices are further expected to fuel the demand for concrete pumps across the globe.
The global Concrete Pump market was valued at US$ 5024.7 million in 2022 and is anticipated to reach US$ 8895.4 million by 2029, witnessing a CAGR of 8.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Concrete Pump Market available at: https://www.themarketreports.com/report/global-concrete-pump-market-research-report
This report aims to provide a comprehensive presentation of the global market for Concrete Pump, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Concrete Pump.
The major global companies of Concrete Pump include Concord Concrete Pumps, Junjin, SANY (Putzmeister), Schwing, Liebherr, Betonstar, Kyokuto, DY Concrete Pumps, KCP Heavy Industries, LiuGong, CAMC, XCMG, Zoomlion, Ajax Fiori Engineering, Aquarius Engineers etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
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