Truck Mounted Concrete Mixer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region:

Description

According to Fairfield Market Research, the global truck mounted concrete mixer market is poised for significant growth in the coming years. This upward trend underscores a promising future for the market, driven by its expanding role in the infrastructure and construction industries. The market is projected to reach US$8.04 billion by 2024 and US$11.5 billion by 2031, growing at a steady CAGR of 5.3%.

Rising Demand Fueled by Increasing Construction Activities

The primary catalyst for the expansion of the truck mounted concrete mixer market is the surge in construction projects worldwide. The construction industry is a crucial component of the global economy, contributing significantly to GDP. With substantial investments from governments and private entities in infrastructure projects, there is a notable rise in demand for mobile concrete mixers. These mixers are indispensable for various construction activities, including residential buildings, commercial spaces, bridges, and other vital infrastructure.

Significant Investments in Infrastructure Development

Governments globally are channeling investments into infrastructure and construction projects to spur economic growth. This focus spans a wide range of initiatives, including the construction of bridges, residential communities, commercial properties, and public infrastructure. As these investments continue to flow, the demand for truck mounted concrete mixers is expected to rise accordingly. These mixers are essential for efficient concrete mixing and transportation, critical for the successful completion of large-scale construction projects.

The Role of Truck Mounted Concrete Mixers in Modern Construction

Truck mounted concrete mixers offer numerous benefits that are driving their popularity in the construction industry. Designed for versatility, these mixers can transport concrete to various locations, including remote and challenging sites. Their portable nature simplifies the concrete mixing process and eliminates the need for costly and cumbersome concrete loading and unloading procedures. By streamlining these processes, truck mounted concrete mixers significantly accelerate construction timelines and enhance overall efficiency on job sites.

North America's Market Leadership

In the global landscape of truck mounted concrete mixers, North America is anticipated to hold a significant market share. This region's robust infrastructure development initiatives and increasing demand for construction services contribute to its leading position. North American construction projects, from road maintenance to large-scale commercial developments, underscore the growing need for effective and reliable concrete mixing solutions.

Infrastructure and Maintenance Projects Driving Market Growth

The truck mounted concrete mixer market also benefits from increased road infrastructure and maintenance activities. As nations invest in improving their road networks, the need for mobile concrete mixers grows. The market is experiencing a steady rise in demand driven by ongoing residential construction projects and substantial growth in non-residential building construction. These developments include commercial office spaces, co-working environments, institutional buildings, and infrastructure enhancements.

Future Opportunities for Market Expansion

Looking ahead, several key opportunities exist for growth in the truck mounted concrete mixer market. One of the main drivers is the rise in infrastructure and utility projects in developing countries. Investments in these regions focus on building and maintaining essential public infrastructure, such as roads, dams, and residential and commercial spaces. These projects are expected to generate significant demand for truck mounted concrete mixers, creating new avenues for market expansion.

Addressing Challenges in Remote and Unconstructed Areas

Truck mounted concrete mixers are particularly valuable for their ability to access remote and partially constructed areas. This accessibility supports the efficient transportation of concrete to locations that may otherwise be difficult to reach. National associations and construction firms increasingly focus on strengthening road networks and optimizing supply chains to facilitate these operations. This trend highlights the role of truck mounted concrete mixers in addressing logistical challenges and supporting construction efforts in diverse environments.

Investment Opportunities and Market Outlook

As the market for truck mounted concrete mixers continues to grow, substantial investment opportunities arise for stakeholders in the construction and infrastructure sectors. The increasing focus on development projects in emerging economies, combined with the expanding range of applications for mobile concrete mixers, presents a promising outlook for the industry. The ongoing development of infrastructure, coupled with a heightened awareness of the benefits offered by truck mounted concrete mixers, sets the stage for a thriving market in the years to come.

Conclusion

The truck mounted concrete mixer market is on a trajectory of significant growth, driven by increasing construction activities, infrastructure development investments, and a rising demand for efficient concrete mixing solutions. With North America leading the market and numerous opportunities emerging in developing regions, the future of the truck mounted concrete mixer industry looks exceptionally promising. As construction projects continue to expand and evolve, these mixers will play a crucial role in shaping the future of the global construction landscape.

Market Key Players

Sany Group

Zoomlion Heavy Industry Science & Technology Co., Ltd.

Schwing Stetter GmbH

KYB Corporation

Liebherr Group

Sinotruk Hong Kong Ltd.

Putzmeister Holding GmbH

Shantui Construction Machinery Co., Ltd.

XCMG Group

LiuGong Machinery Co., Ltd.

Market Segmentation

By Product Type:

Concrete Pump Trucks

Volumetric Concrete Trucks

Rough Terrain Concrete Trucks

By Drum Capacity:

Under 6m3

6.1 to 10 m3

10.1 to 15 m3

15.1 to 20 m3

Above 20 m3

By Region:

North America

Latin America

Europe

East Asia

South Asia & Pacific

Middle East & Africa

1. Executive Summary

1.1. Global Truck Mounted Concrete Mixer Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018 - 2023

3.1. Global Truck Mounted Concrete Mixer Production Output, by Region, Value (US$ Bn) and Volume (Units), 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2018 - 2023

4.1. Global Average Price Analysis, by Product Type, US$ Per Unit, 2018 - 2023
4.2. Prominent Factor Affecting Truck Mounted Concrete Mixer Prices
4.3. Global Average Price Analysis, by Region, US$ Per Unit

5. Global Truck Mounted Concrete Mixer Market Outlook, 2018 - 2031

5.1. Global Truck Mounted Concrete Mixer Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Concrete Pump Trucks
  - 5.1.1.2. Volumetric Concrete Trucks
  - 5.1.1.3. Rough Terrain Concrete Trucks
5.2. Global Truck Mounted Concrete Mixer Market Outlook, by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Under 6m3
  - 5.2.1.2. 6.1 to 10 m3
  - 5.2.1.3. 10.1 to 15 m3
  - 5.2.1.4. 15.1 to 20 m3
  - 5.2.1.5. Above 20 m3
5.3. Global Truck Mounted Concrete Mixer Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. North America
  - 5.3.1.2. Europe
  - 5.3.1.3. Asia Pacific
  - 5.3.1.4. Latin America
  - 5.3.1.5. Middle East & Africa

6. North America Truck Mounted Concrete Mixer Market Outlook, 2018 - 2031

6.1. North America Truck Mounted Concrete Mixer Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Concrete Pump Trucks
  - 6.1.1.2. Volumetric Concrete Trucks
  - 6.1.1.3. Rough Terrain Concrete Trucks
6.2. North America Truck Mounted Concrete Mixer Market Outlook, by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Under 6m3
  - 6.2.1.2. 6.1 to 10 m3
  - 6.2.1.3. 10.1 to 15 m3
  - 6.2.1.4. 15.1 to 20 m3
  - 6.2.1.5. Above 20 m3
6.3. North America Truck Mounted Concrete Mixer Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. U.S. Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.3.1.2. U.S. Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.3.1.3. Canada Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.3.1.4. Canada Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Truck Mounted Concrete Mixer Market Outlook, 2018 - 2031

7.1. Europe Truck Mounted Concrete Mixer Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Concrete Pump Trucks
  - 7.1.1.2. Volumetric Concrete Trucks
  - 7.1.1.3. Rough Terrain Concrete Trucks
7.2. Europe Truck Mounted Concrete Mixer Market Outlook, by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Under 6m3
  - 7.2.1.2. 6.1 to 10 m3
  - 7.2.1.3. 10.1 to 15 m3
  - 7.2.1.4. 15.1 to 20 m3
  - 7.2.1.5. Above 20 m3
- 7.2.2. Attractiveness Analysis
7.3. Europe Truck Mounted Concrete Mixer Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Germany Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.2. Germany Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.3. U.K. Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.4. U.K. Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.5. France Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.6. France Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.7. Italy Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.8. Italy Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.9. Turkey Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.10. Turkey Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.11. Russia Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.12. Russia Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.13. Rest of Europe Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.3.1.14. Rest of Europe Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Truck Mounted Concrete Mixer Market Outlook, 2018 - 2031

8.1. Asia Pacific Truck Mounted Concrete Mixer Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Concrete Pump Trucks
  - 8.1.1.2. Volumetric Concrete Trucks
  - 8.1.1.3. Rough Terrain Concrete Trucks
8.2. Asia Pacific Truck Mounted Concrete Mixer Market Outlook, by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Under 6m3
  - 8.2.1.2. 6.1 to 10 m3
  - 8.2.1.3. 10.1 to 15 m3
  - 8.2.1.4. 15.1 to 20 m3
  - 8.2.1.5. Above 20 m3
8.3. Asia Pacific Truck Mounted Concrete Mixer Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. China Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.2. China Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.3. Japan Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.4. Japan Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.5. South Korea Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.6. South Korea Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.7. India Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.8. India Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.9. Southeast Asia Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.10. Southeast Asia Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.11. Rest of Asia Pacific Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.3.1.12. Rest of Asia Pacific Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Truck Mounted Concrete Mixer Market Outlook, 2018 - 2031

9.1. Latin America Truck Mounted Concrete Mixer Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Concrete Pump Trucks
  - 9.1.1.2. Volumetric Concrete Trucks
  - 9.1.1.3. Rough Terrain Concrete Trucks
9.2. Latin America Truck Mounted Concrete Mixer Market Outlook, by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Under 6m3
  - 9.2.1.2. 6.1 to 10 m3
  - 9.2.1.3. 10.1 to 15 m3
  - 9.2.1.4. 15.1 to 20 m3
  - 9.2.1.5. Above 20 m3
9.3. Latin America Truck Mounted Concrete Mixer Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Brazil Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.3.1.2. Brazil Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.3.1.3. Mexico Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.3.1.4. Mexico Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.3.1.5. Argentina Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.3.1.6. Argentina Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.3.1.7. Rest of Latin America Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.3.1.8. Rest of Latin America Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Truck Mounted Concrete Mixer Market Outlook, 2018 - 2031

10.1. Middle East & Africa Truck Mounted Concrete Mixer Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.1.1. Key Highlights
  - 10.1.1.1. Concrete Pump Trucks
  - 10.1.1.2. Volumetric Concrete Trucks
  - 10.1.1.3. Rough Terrain Concrete Trucks
10.2. Middle East & Africa Truck Mounted Concrete Mixer Market Outlook, by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Under 6m3
  - 10.2.1.2. 6.1 to 10 m3
  - 10.2.1.3. 10.1 to 15 m3
  - 10.2.1.4. 15.1 to 20 m3
  - 10.2.1.5. Above 20 m3
10.3. Middle East & Africa Truck Mounted Concrete Mixer Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.3.1. Key Highlights
  - 10.3.1.1. GCC Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.2. GCC Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.3. South Africa Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.4. South Africa Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.5. Egypt Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.6. Egypt Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.7. Nigeria Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.8. Nigeria Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.9. Rest of Middle East & Africa Truck Mounted Concrete Mixer Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.3.1.10. Rest of Middle East & Africa Truck Mounted Concrete Mixer Market by Drum Capacity, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. By Product Type vs by Drum Capacity Heatmap
11.2. Company Market Share Analysis, 2023
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. Liebherr
  - 11.4.1.1. Company Overview
  - 11.4.1.2. Product Portfolio
  - 11.4.1.3. Financial Overview
  - 11.4.1.4. Business Strategies and Development
- 11.4.2. AB Volvo
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development
- 11.4.3. KYB Corporation
  - 11.4.3.1. Company Overview
  - 11.4.3.2. Product Portfolio
  - 11.4.3.3. Financial Overview
  - 11.4.3.4. Business Strategies and Development
- 11.4.4. Liebherr-International AG
  - 11.4.4.1. Company Overview
  - 11.4.4.2. Product Portfolio
  - 11.4.4.3. Financial Overview
  - 11.4.4.4. Business Strategies and Development
- 11.4.5. Navister Inc.
  - 11.4.5.1. Company Overview
  - 11.4.5.2. Product Portfolio
  - 11.4.5.3. Financial Overview
  - 11.4.5.4. Business Strategies and Development
- 11.4.6. Oshkosh Corporation
  - 11.4.6.1. Company Overview
  - 11.4.6.2. Product Portfolio
  - 11.4.6.3. Financial Overview
  - 11.4.6.4. Business Strategies and Development
- 11.4.7. Sany Group
  - 11.4.7.1. Company Overview
  - 11.4.7.2. Product Portfolio
  - 11.4.7.3. Financial Overview
  - 11.4.7.4. Business Strategies and Development
- 11.4.8. Schwing Stetter Group
  - 11.4.8.1. Company Overview
  - 11.4.8.2. Product Portfolio
  - 11.4.8.3. Financial Overview
  - 11.4.8.4. Business Strategies and Development
- 11.4.9. Sinotruk, Tata Motors
  - 11.4.9.1. Company Overview
  - 11.4.9.2. Product Portfolio
  - 11.4.9.3. Financial Overview
  - 11.4.9.4. Business Strategies and Development
- 11.4.10. Zoomlion Heavy Industry Science and Technology Co., Ltd.
  - 11.4.10.1. Company Overview
  - 11.4.10.2. Product Portfolio
  - 11.4.10.3. Financial Overview
  - 11.4.10.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations