The global concrete pumps market size reached US$ 4.83 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.67 Billion by 2027, exhibiting a growth rate (CAGR) of 5.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Concrete pumps transport fluid concrete from a mixing truck to a designated location on a construction site. They comprise receiving hoppers, concrete pumping cylinders, and valving systems to direct the flow into pipelines. They enable the placement of concrete in areas that are not accessible for standard concrete trucks with chutes. They also allow workers to manipulate and move the tubing as the concrete is flowing, which aids in reducing the labor of transporting the material. As a result, concrete pumps find extensive applications in the construction sector across the globe.

Concrete Pumps Market Trends:
At present, there is an increase in the number of new high-rise buildings on account of rapid urbanization and the rising global population. This represents one of the key factors stimulating the growth of the market. Moreover, conventional methods of transporting concrete like cranes are time-consuming as they can lift a limited volume of concrete at a time. However, concrete pumps enable the transportation of a substantial amount of liquid concrete in numerous large and medium-scale construction sites in relatively less time. Besides this, modern concrete pumps can pump faster, lift buckets with ease, and maintain a continuous flow of concrete. They also allow the concrete to be poured directly via a placing boom instead of transferring in a bucket. These product advantages, coupled with the escalating demand for ready mix concrete (RMC) that offers increased durability and sustainability, is impelling the growth of the market. Furthermore, the increasing focus on infrastructural development, along with the rising construction activities in the industrial, commercial, and residential sectors, is projected to fuel the growth of the market in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global concrete pumps market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and industry vertical.

Breakup by Type:

Truck-mounted Concrete Pumps
Stationary Concrete Pumps
Specialized Concrete Pumps

Breakup by Industry Vertical:

Industrial
Commercial
Domestic

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AJAX Engineering Pvt. Ltd., Alliance Concrete Pumps Inc., Concord Concrete Pumps Inc., DY Concrete Pumps Inc., Junjin Concrete Pump Services Sdn Bhd, Liebherr, Sany Heavy Industry Co. Ltd., SCHWING Stetter India, Sebhsa, XCMG Group and Zoomlion Heavy Industry Science and Technology Co. Ltd.

Key questions answered in this report:
How has the global concrete pumps market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global concrete pumps market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the industry vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global concrete pumps market and who are the key players?
What is the degree of competition in the industry?