Concrete Mixer Market Size - By Product Type (Fixed [Batch Mixer, Continuous Mixer], Portable [Batch Mixer, Continuous Mixer]), Power Source (Diesel, Electric), Drum Capacity, Operation Mode, End-user, Distribution Channel & Global Forecast, 2024 – 2032
Published on: 2024-07-08 | No of Pages : 240 | Industry : Construction
Publisher : MRA | Format : PDF&Excel
Concrete Mixer Market Size - By Product Type (Fixed [Batch Mixer, Continuous Mixer], Portable [Batch Mixer, Continuous Mixer]), Power Source (Diesel, Electric), Drum Capacity, Operation Mode, End-user, Distribution Channel & Global Forecast, 2024 – 2032
Concrete Mixer Market Size - By Product Type (Fixed [Batch Mixer, Continuous Mixer], Portable [Batch Mixer, Continuous Mixer]), Power Source (Diesel, Electric), Drum Capacity, Operation Mode, End-user, Distribution Channel & Global Forecast, 2024 – 2032
Concrete Mixer Market Size
Concrete Mixer Market size was valued at USD 3.5 billion in 2023 and is anticipated to register a CAGR of around 5.2% between 2024 and 2032. Increased construction activity, propelled by infrastructure development projects such as roads, bridges, airports, and urbanization, directly contributes to the demand for concrete mixers.
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Urbanization leads to a higher demand for infrastructure and real estate. As cities expand, the need for concrete mixers to support construction projects for buildings, roads, and utilities increases. Governments investing in smart city initiatives drive demand for concrete mixers to facilitate the construction of modern urban infrastructure. Government initiatives and investments in large-scale infrastructure projects, such as highways, bridges, and public transportation systems, stimulate the demand for concrete mixers.
Report Attribute | Details |
---|---|
Base Year | 2023 |
Concrete Mixer Market Size in 2023 | USD 3.5 Billion |
Forecast Period | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR | 5.2% |
2032 Value Projection | USD 5.5 Billion |
Historical Data for | 2018 – 2023 |
No. of Pages | 387 |
Tables, Charts & Figures | 250 |
Segments covered | Product type, Power source, Durm capacity, Operation mode, End-user, Distribution channel |
Growth Drivers |
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Pitfalls & Challenges |
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Collaboration between governments and private entities on infrastructure projects contributes to sustained demand for concrete mixers. The need for maintenance, renovation, and retrofitting of existing structures creates demand for concrete mixers for repair and construction activities. Modernizing or upgrading existing infrastructure, such as roads and bridges, requires the use of concrete mixers for repair and expansion projects.
Purchasing and maintaining concrete mixer equipment involves significant capital investment. This can be a barrier for smaller construction firms and contractors, limiting their ability to enter the concrete mixer market or upgrade equipment. Regular maintenance and unexpected breakdowns can lead to downtime, affecting project timelines and increasing operational costs. Efficient maintenance planning is crucial to minimize disruptions.
Concrete Mixer Market Trends
Concrete mixers are increasingly incorporating automation and connectivity features. This includes advanced control systems, telematics, and IoT integration, allowing operators to monitor and control mixing processes remotely. The development of smart concrete mixers with real-time data analytics and monitoring capabilities is gaining traction, improving efficiency, reducing downtime, and enabling predictive maintenance. Growing environmental consciousness is driving the use of eco-friendly materials in concrete mixers, such as lightweight and recyclable components.
Manufacturers are exploring ways to design concrete mixers with reduced emissions, contributing to sustainability goals and compliance with environmental regulations. The shift towards electric concrete mixers is driven by the demand for cleaner and more energy-efficient construction equipment. Electric mixers reduce emissions, noise, and operating costs, making them increasingly popular in urban construction projects. Self-loading concrete mixers, equipped with a self-loading bucket and mixing capabilities, are gaining popularity. These versatile machines allow for on-site mixing, reducing the need for additional equipment and streamlining the construction process.
Telematics and GPS integration in concrete mixers enable efficient fleet management, real-time tracking, and data analytics for optimizing operations and maintenance. Continuous mixing systems are gaining attention for their ability to provide a constant supply of freshly mixed concrete. These systems contribute to efficiency improvements in large-scale construction projects.
Concrete Mixer Market Analysis
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The concrete mixer industry, by product type is categorized into fixed [batch mixer, continuous mixer], portable [batch mixer, continuous mixer]. Portable mixers segment held over USD 1.9 billion revenue in 2023. Portable batch mixers offer the flexibility to produce concrete at different locations within a construction site. They are in demand for smaller construction projects, remote sites, or projects that require concrete mixing at various points. Portable continuous mixers are designed for mobility, allowing users to move the mixer to different locations as needed. This flexibility is particularly beneficial for projects with changing requirements or limited space for concrete mixing.
Fixed batch mixers are designed for efficient mixing of concrete in predetermined batches. The demand for batch mixers is driven by construction projects that require specific quantities of concrete with consistent quality, making them suitable for projects with varied concrete specifications. Continuous mixers operate continuously, providing a steady and uninterrupted supply of concrete. The demand for fixed continuous mixers is driven by large-scale projects that require a constant flow of concrete, enhancing efficiency and reducing downtime during construction.
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Based on power source, the concrete mixer market is categorized into diesel and electric. Electric mixers segment dominated around USD 2.2 billion revenue in 2023. Electric concrete mixers are considered more environmentally friendly due to lower emissions compared to diesel counterparts. As environmental consciousness grows, there is a rising demand for electric mixers to align with sustainable construction practices. In urban areas or indoor construction sites where noise and emissions regulations are stringent, electric-powered mixers are preferred. They offer quieter operations and contribute to a cleaner working environment.
Diesel-powered concrete mixers offer increased flexibility, especially in remote construction sites without easy access to electricity. The ability to operate independently of electrical grids makes diesel mixers suitable for projects in diverse locations. Diesel engines are known for providing high torque and robust performance. This makes diesel-powered concrete mixers suitable for heavy-duty operations, large-scale construction projects, and situations where a high degree of power is required.
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North America concrete mixer market accounted for 22% of the revenue share in 2023. The overall economic stability in North America influences construction activities, impacting the demand for concrete mixers. Economic growth correlates with increased construction and infrastructure development. Infrastructure investment by federal, state, and local governments plays a significant role in driving the demand for concrete mixers. Initiatives such as road construction, bridge repair, and public transportation projects contribute to increased demand. The growth of commercial spaces, including offices, retail centers, and industrial facilities, contributes to the demand for concrete mixers in the construction of various commercial and industrial structures.
Concrete Mixer Market Share
Concrete Mixer industry seem to moderately fragmented in nature due to presence of numerous local and global players across the globe. In 2023, the above list of dominant market players, collectively held a substantial 41% revenue share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
Concrete Mixer Market Companies
Major companies operating in the concrete mixer industry include
- Caterpillar Inc.
- Con-Tech Manufacturing
- Liebherr Group
- McNeilus Truck and Manufacturing, Inc.
- Oshkosh Corporation
- ProAll Reimer Mixers
- REV Group, Inc.
- RexCon, LLC
- SANY Group
- SCHWING GmbH
- Shantui Construction Machinery Co., Ltd.
- Sinotruk (Hong Kong) Limited
- Terex Corporation
- Volvo Construction Equipment (Volvo CE)
- Zoomlion Heavy Industry Science & Technology Co., Ltd.
Concrete Mixer Industry News
- In February 09, 2023, CEMEX, S.A.B. de C.V. announced that Volvo Trucks has supplied it with the world's first all-electric and emission-free heavy-duty concrete mixer at a joint event in Berlin, Germany. The truck is the latest development of an agreement signed between the companies in 2021 to work closely together to improve productivity and reduce carbon emissions through the global implementation of electro mobility solutions on mobile construction equipment and trucks. The Volvo FMX electric truck can be used all day on a single charge.
The concrete mixer market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) and volume (Million Units) from 2018 to 2032, for the following segments
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Market, By Product Type
- Fixed
- Batch Mixer
- Continuous Mixer
- Portable
- Batch Mixer
- Continuous Mixer
Market, By Power Source
- Diesel
- Electric
Market, By Drum Capacity
- Less than 200 liters
- 201 - 450 liters
- 451 - 750 liters
- More than 750 liters
Market, By Operation Mode
- Manual
- Semi Automatic
- Automatic
Market, By End User
- Heavy and Civil Engineering
- Bridges
- Roads
- Railways
- Airports
- Others
- General Construction
Market, By Distribution Channel
- Direct
- Indirect
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameter
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis
Chapter 3 Concrete Mixer Industry Insights
3.1 Industry ecosystem analysis
3.2 Technological overview
3.3 Regulatory landscape
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.2 Industry pitfalls & challenges
3.5 Growth potential analysis
3.6 Porter’s analysis
3.6.1 Supplier power
3.6.2 Buyer power
3.6.3 Threat of new entrants
3.6.4 Threat of substitutes
3.6.5 Industry rivalry
3.7 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Concrete Mixer Market Estimates & Forecast, By Product Type (USD Billion) (Million Units)
5.1 Key trends
5.2 Fixed
5.2.1 Batch mixer
5.2.2 Continuous mixer
5.3 Portable
5.3.1 Batch mixer
5.3.2 Continuous mixer
Chapter 6 Concrete Mixer Market Estimates & Forecast, By Power Source (USD Billion) (Million Units)
6.1 Key trends
6.2 Diesel
6.3 Electric
Chapter 7 Concrete Mixer Market Estimates & Forecast, By Drum Capacity (USD Billion) (Million Units)
7.1 Key trends
7.2 Less than 200 liters
7.3 201 - 450 liters
7.4 451 - 750 liters
7.5 More than 750 liters
Chapter 8 Concrete Mixer Market Estimates & Forecast, By Operation Mode (USD Billion) (Million Units)
8.1 Key trends
8.2 Manual
8.3 Semi automatic
8.4 Automatic
Chapter 9 Concrete Mixer Market Estimates & Forecast, By End-User (USD Billion) (Million Units)
9.1 Key trends
9.2 Heavy and civil engineering
9.2.1 Bridges
9.2.2 Roads
9.2.3 Railways
9.2.4 Airports
9.2.5 Other
9.3 General construction
Chapter 10 Concrete Mixer Market Estimates & Forecast, By Distribution Channel (USD Billion) (Million Units)
10.1 Key trends
10.2 Direct
10.3 Indirect
Chapter 11 Concrete Mixer Market Estimates & Forecast, By Region (USD Billion) (Million Units)
11.1 Key trends, by region
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 Germany
11.3.2 U.K.
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 Australia
11.4.6 Rest of Asia Pacific
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.5.4 Rest of Latin AMerica
11.6 MEA
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 South Africa
11.6.4 Rest of MEA
Chapter 12 Company Profiles
12.1 Caterpillar Inc.
12.2 Con-Tech Manufacturing
12.3 Liebherr Group
12.4 McNeilus Truck and Manufacturing, Inc.
12.5 Oshkosh Corporation
12.6 ProAll Reimer Mixers
12.7 REV Group, Inc.
12.8 RexCon, LLC
12.9 SANY Group
12.10 SCHWING GmbH
12.11 Shantui Construction Machinery Co., Ltd.
12.12 Sinotruk (Hong Kong) Limited
12.13 Terex Corporation
12.14 Volvo Construction Equipment (Volvo CE)
12.15 Zoomlion Heavy Industry Science & Technology Co., Ltd.