The Concrete Pumps Market size was valued at USD 4.75 Billion in 2022 and is projected to reach USD 6.5 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030.

Concrete Pumps Market Overview:

A concrete pump is a machine used to transfer liquid concrete by means of pumping. The pump is operated by one piston that draws liquid concrete from the hopper into a cylinder, while the other simultaneously pushes the concrete into the discharge pipe.

Concrete pumps are critical to revolutionizing the construction of tall buildings and structures. The current construction process requires the use of pumps to pour concrete in hard-to-reach areas. In particular, with the growth of ready-mixed concrete worldwide, the need for pumping has diversified. Ease of pumping depends on the type of pump available, but the distance to pump the concrete and the nature of the concrete and many other subtle aspects can affect the job.

Concrete Pumps Market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Concrete Pumps Market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In January 2020, Liebherr-International AG launched 42 M5 XXT truck-mounted concrete pumps at the 2020 World of Concrete show in Las Vegas, Nevada.

Major Market Segments Covered in Concrete Pumps Market Industry Research:

Market Key Players:
Alliance Concrete Pumps, PCP, Concord Concrete Pumps, Ajax Fiori Engineering, Liebherr, Apollo Inffratech, Schwing Stetter, Junjin, DY Concrete Pumps, Putzmeister, And Others.

By Type:

• Truck Mounted Concrete Pumps
• Stationary Concrete Pumps
• Specialized Concrete Pumps

By Application:

• Industrial
• Commercial
• Domestic

By Region:

Asia Pacific dominated the market in 2019, holding the highest share and is expected to maintain this trend throughout the forecast period. This is due to increased funding from government agencies and increased interest in infrastructure development in the region. Additionally, developing countries such as India, China, and Indonesia are seeing significant investments from several countries, which is driving the demand for concrete pumps in infrastructure and construction projects in various sectors. For example, in January 2019, China invested $163 billion in its infrastructure sector to avert an economic downturn. New construction projects include two major airports and train stations. Similarly, in September 2018, private equity firm I Squared Capital raised $7 billion for new infrastructure projects in India.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

DRIVING FACTORS

Due to the rapid development of large cities and the growth of urbanization at an unprecedented rate, the demand for high-rise buildings and the consequent development prospects have increased at a significant rate in the global market. These pumps can transport concrete mixtures over long distances and from great heights with great ease and in an effective manner. The aforementioned capabilities are expected to strengthen the application in construction sites, thereby strengthening the development prospects of the market. For example, according to data published by ANAROCK Property Consultants, approximately 52% of a total of 1,816 housing projects in India's top seven cities in 2019 were 20-story high-rises. The demand for these pumps in the global market is increasing.

These pumps can transport concrete faster, easier, and more effectively across a variety of construction sites, reducing operator demands and site congestion. The ability of these pumps to provide reliable, streamlined operation with fewer demands on workers operating on the construction site could provide a new growth path to the market. Recent estimates put the labor shortage at 50-60%, requiring new and innovative equipment and solutions to avoid labor shortage-related issues.

RESTRAINING FACTORS

The possibility of failure of these pumps can be serious on a construction site as it can stop the entire operation and cause waste of ready-mixed concrete. Catastrophic failure of these pumps can injure workers on construction sites and sometimes damage developed construction. Although these pumps can be minimized with timely maintenance and repair, the possibility of catastrophic failure cannot be ruled out. Given the impact of a major collapse, many real estate developers rely on conventional transport of concrete mix, which can curb application and sales across various geographies.

Concrete Pumps Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 4.9% from 2022 to 2030.
By Type	Truck Mounted Concrete Pumps, Stationary Concrete Pumps, Specialized Concrete Pumps,
By Application	Industrial, Commercial, Domestic
By Companies	Alliance Concrete Pumps, PCP, Concord Concrete Pumps, Ajax Fiori Engineering, Liebherr, Apollo Inffratech, Schwing Stetter, Junjin, DY Concrete Pumps, Putzmeister
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Key Takeaways from this Concrete Pumps Market Report

• Estimate Concrete Pumps Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Concrete Pumps Market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Concrete Pumps Market?

The Concrete Pumps Market is growing at a CAGR of 4.9% During Forecast Period.

 What are the key types of Concrete Pumps Market?

Truck Mounted Concrete Pumps, Stationary Concrete Pumps, Specialized Concrete Pumps,

What are the key applications of Concrete Pumps Market?

Industrial, Commercial, Domestic                                             

Who are the key players in Concrete Pumps Market?

Alliance Concrete Pumps, PCP, Concord Concrete Pumps, Ajax Fiori Engineering, Liebherr, Apollo Inffratech, Schwing Stetter, Junjin, DY Concrete Pumps, Putzmeister, And others.