Global Ready Mix Concrete Batching Plant Market 2024-2028

The ready mix concrete batching plant market is forecasted to grow by USD 109.56 mn during 2023-2028, accelerating at a CAGR of 3.99% during the forecast period. The report on the ready mix concrete batching plant market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for ready-mix mobile concrete batching plants, growth in number of construction activities, and preference for ready-mix concrete over traditional concrete.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.6%
CAGR	3.99%
Incremental Value	$109.56mn

Technavio's ready mix concrete batching plant market is segmented as below:

By End-user

Residential construction
Non-residential construction

By Type

Dry batch concrete plant
Wet batch concrete plant

By Geographical Landscape

APAC
Middle East and Africa
Europe
South America
North America

This study identifies the technological advancements in batching process as one of the prime reasons driving the ready mix concrete batching plant market growth during the next few years. Also, shift towards rental and leasing of equipment and growing urbanization and population will lead to sizable demand in the market.

The report on the ready mix concrete batching plant market covers the following areas:

Ready mix concrete batching plant market sizing
Ready mix concrete batching plant market forecast
Ready mix concrete batching plant market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ready mix concrete batching plant market vendors that include Akona Engineering Pvt. Ltd., Ammann Group, Apollo Inffratech Pvt. Ltd., CEMEX SAB de CV, ELKON, Haomei Machinery Equipment Co. Ltd., Holcim Ltd., Jayem Manufacturing Co., Jaypee India Ltd., Laxmi En Fab Pvt. Ltd., MACONS Equipments Pvt. Ltd., MEKA, ODISA CONCRETE EQUIPMENT, Oshkosh Corp., Powerol Energy Systems, SCHWING GmbH, Stephens MFG. Co., The Vince Hagan Co., Vicat, and Astec Industries Inc. Also, the ready mix concrete batching plant market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40704

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global ready mix concrete batching plant market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global ready mix concrete batching plant market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Residential construction - Market size and forecast 2023-2028
Exhibit 34: Chart on Residential construction - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Residential construction - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Residential construction - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Residential construction - Year-over-year growth 2023-2028 (%)
6.4 Non-residential construction - Market size and forecast 2023-2028
Exhibit 38: Chart on Non-residential construction - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Non-residential construction - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Non-residential construction - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Non-residential construction - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ million)
Exhibit 43: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Dry batch concrete plant - Market size and forecast 2023-2028
Exhibit 48: Chart on Dry batch concrete plant - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Dry batch concrete plant - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Dry batch concrete plant - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Dry batch concrete plant - Year-over-year growth 2023-2028 (%)
7.4 Wet batch concrete plant - Market size and forecast 2023-2028
Exhibit 52: Chart on Wet batch concrete plant - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Wet batch concrete plant - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Wet batch concrete plant - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Wet batch concrete plant - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 56: Market opportunity by Type ($ million)
Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 67: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 North America - Market size and forecast 2023-2028
Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 India - Market size and forecast 2023-2028
Exhibit 87: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on India - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Turkey - Market size and forecast 2023-2028
Exhibit 95: Chart on Turkey - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Turkey - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Turkey - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Turkey - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Akona Engineering Pvt. Ltd.
Exhibit 111: Akona Engineering Pvt. Ltd. - Overview
Exhibit 112: Akona Engineering Pvt. Ltd. - Product / Service
Exhibit 113: Akona Engineering Pvt. Ltd. - Key offerings
12.4 Ammann Group
Exhibit 114: Ammann Group - Overview
Exhibit 115: Ammann Group - Product / Service
Exhibit 116: Ammann Group - Key offerings
12.5 Astec Industries Inc
Exhibit 117: Astec Industries Inc - Overview
Exhibit 118: Astec Industries Inc - Business segments
Exhibit 119: Astec Industries Inc - Key offerings
Exhibit 120: Astec Industries Inc - Segment focus
12.6 CEMEX SAB de CV
Exhibit 121: CEMEX SAB de CV - Overview
Exhibit 122: CEMEX SAB de CV - Business segments
Exhibit 123: CEMEX SAB de CV - Key news
Exhibit 124: CEMEX SAB de CV - Key offerings
Exhibit 125: CEMEX SAB de CV - Segment focus
12.7 ELKON
Exhibit 126: ELKON - Overview
Exhibit 127: ELKON - Product / Service
Exhibit 128: ELKON - Key offerings
12.8 Haomei Machinery Equipment Co. Ltd.
Exhibit 129: Haomei Machinery Equipment Co. Ltd. - Overview
Exhibit 130: Haomei Machinery Equipment Co. Ltd. - Product / Service
Exhibit 131: Haomei Machinery Equipment Co. Ltd. - Key offerings
12.9 Holcim Ltd.
Exhibit 132: Holcim Ltd. - Overview
Exhibit 133: Holcim Ltd. - Business segments
Exhibit 134: Holcim Ltd. - Key offerings
Exhibit 135: Holcim Ltd. - Segment focus
12.10 MACONS Equipments Pvt. Ltd.
Exhibit 136: MACONS Equipments Pvt. Ltd. - Overview
Exhibit 137: MACONS Equipments Pvt. Ltd. - Product / Service
Exhibit 138: MACONS Equipments Pvt. Ltd. - Key offerings
12.11 MEKA
Exhibit 139: MEKA - Overview
Exhibit 140: MEKA - Product / Service
Exhibit 141: MEKA - Key offerings
12.12 ODISA CONCRETE EQUIPMENT
Exhibit 142: ODISA CONCRETE EQUIPMENT - Overview
Exhibit 143: ODISA CONCRETE EQUIPMENT - Product / Service
Exhibit 144: ODISA CONCRETE EQUIPMENT - Key offerings
12.13 Oshkosh Corp.
Exhibit 145: Oshkosh Corp. - Overview
Exhibit 146: Oshkosh Corp. - Business segments
Exhibit 147: Oshkosh Corp. - Key offerings
Exhibit 148: Oshkosh Corp. - Segment focus
12.14 SCHWING GmbH
Exhibit 149: SCHWING GmbH - Overview
Exhibit 150: SCHWING GmbH - Product / Service
Exhibit 151: SCHWING GmbH - Key offerings
12.15 Stephens MFG. Co.
Exhibit 152: Stephens MFG. Co. - Overview
Exhibit 153: Stephens MFG. Co. - Product / Service
Exhibit 154: Stephens MFG. Co. - Key offerings
12.16 The Vince Hagan Co.
Exhibit 155: The Vince Hagan Co. - Overview
Exhibit 156: The Vince Hagan Co. - Product / Service
Exhibit 157: The Vince Hagan Co. - Key offerings
12.17 Vicat
Exhibit 158: Vicat - Overview
Exhibit 159: Vicat - Product / Service
Exhibit 160: Vicat - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 161: Inclusions checklist
Exhibit 162: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 163: Currency conversion rates for US$
13.4 Research methodology
Exhibit 164: Research methodology
Exhibit 165: Validation techniques employed for market sizing
Exhibit 166: Information sources
13.5 List of abbreviations
Exhibit 167: List of abbreviations