According to a new study of Fact.MR, revenues from the concrete mixer market were in excess of 126,800 units in 2018, and are estimated to record a 4% Y-o-Y growth in 2019. Myriad factors influence dynamics of the concrete mixer industry, which range from the customer requirement for equipment with high technical standards and convenient portability, to tightened environmental standards apropos of emissions and recycling of materials.
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The study opines that in-transit mixers remain the preferred category among end-users, in light of their ability to both mix and transport concrete around a construction site, particularly in case of remote locations and sites that are far from concrete plants. The deprivation of clotting, and prevention of concrete balling effect, are key benefits associated with in-transit concrete mixers that continue to sustain their sales. On the contrary, sales of trailer concrete mixers are expected to remain low, tugged by their higher operating and maintenance costs, along with relatively less efficient maneuverability.
According to the study, a key trend complementing sales of in-transit mixers is growing demand for mobile volumetric concrete mixers that prevent concrete waste entailed by over-ordering. The volumetric concrete mixers also enable efficient and convenient trips to batch plants, saving on hot loads and various other expenses, and cutting down time of operation. While precision continues to be the key, user-friendly control options of these equipment will continue to attract customer attention and drive sales.
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Portable Concrete Mixers Sales Surge with Uptake of Efficient Solutions for Small Batches
The report finds that the number of projects that call for greater concrete volume, which is difficult to produce using paddle mixers, has witnessed a notable rise, which has created the demand for portable concrete mixers as a consequence. Portable variants continue to account for over 7 in 10 units of concrete mixers sold worldwide, upheld by their ability to efficiently blend water and concrete, and consistently deliver the mixture as per requirement.
Construction equipment manufacturers have been directing their efforts toward research activities in the concrete industry, in a bid to develop products that offer capabilities that are a combination of drum mixers and paddle mixers. This coupled with the focus on the development of concrete mixers with lightweight, time-effective, and self-contained, characteristics have resulted in the development of high-performance portable concrete mixers, thereby favoring the market growth.
This Fact.MR study also offer a long-term perspective of the concrete mixer market for the period between 2019 and 2027. According to the study, the concrete mixer market is estimated to record a CAGR of over 4% through 2027.
Chapter 1 – Executive Summary
This chapter offers a summary of key findings on the concrete mixer market, along with the historical and forecast statistics. Demand side trends, and supply side trends in the concrete mixer market have been analyzed for the readers to get a better view of the market prospects.
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Chapter 2 – Concrete Mixer Market Overview
This chapter offers a concise introduction to the concrete mixer market, along with a definition of the target product. Research scope of the study has been detailed, and size of the concrete mixer market in terms of value as well as volume has been rendered.
Chapter 3 – Key Indicators Assessment
This chapter covers an assessment of the construction industry and offer a long-term outlook on the construction equipment, along with the list of lucrative markets and unique characteristics of the industry. Analysis of the global construction industry, road infrastructure scenario, major construction projects, and transformation framework.
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