PUBLISHER: The Business Research Company | PRODUCT CODE: 1428247
PUBLISHER: The Business Research Company | PRODUCT CODE: 1428247
A brick-making machine is a mechanical apparatus designed to automate the brick-making process using raw materials such as clay or concrete. It operates by shaping and forming bricks through molds or dies, contributing to increased productivity and the consistent production of high-quality bricks for various industrial applications.
Brick-making machines come in two primary types mobile and stationary. 'Mobile' refers to the capability of being moved, and mobile brick-making machines are utilized to produce high-quality bricks with the added advantage of mobility, employing various molds. These machines encompass a range of types, including clay brick machines, concrete brick machines, fly ash brick machines, interlocking brick machines, and others. They feature different die types such as single die, dual die, and multiple dies. Additionally, these machines are equipped with fully automatic, semi-automatic, and manual operation modes, catering to diverse applications in construction, industrial settings, and other end-user scenarios.
The brick-making machines market research report is one of a series of new reports from The Business Research Company that provides brick-making machines market statistics, including brick making machines industry global market size, regional shares, competitors with a brick-making machines market share, detailed brick-making machines market segments, market trends and opportunities, and any further data you may need to thrive in the brick making machines industry. This brick-making machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The brick making machines market size has grown strongly in recent years. It will grow from $2.09 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The expansion in the historical period can be ascribed to the process of urbanization, the increase in construction and infrastructure projects, the development of the real estate and housing sector, a heightened demand for construction materials that are both durable and cost-effective, and the growth in population along with corresponding urban housing needs.
The brick making machines market size is expected to see steady growth in the next few years. It will grow to $2.61 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The anticipated growth in the forecast period can be attributed to the availability of raw materials for brick production, the influence of environmental regulations on traditional brick kilns, the integration of smart and IoT technologies in brick machines, the rise of mobile and compact brick-making machines, and the availability of customization options for brick size and design. Key trends in the forecast period include advancements in brick manufacturing technology, the adoption of sustainable and eco-friendly brick-making processes, innovations in modular and prefabricated construction, the development of hybrid and energy-efficient brick machines, the integration of robotics for precision in brick laying, collaborative efforts between brick machine manufacturers and construction firms, and the utilization of recycled and upcycled materials in brick making.
The anticipated growth of the brick-making machine market is expected to be propelled by increasing construction activities. Construction, involving the creation of structures such as homes, factories, highways, and bridges, extensively relies on various brick-making machines for efficient and cost-effective brick production. For instance, a report by Oxford Economics in October 2021 revealed that global construction output reached $10.7 trillion in 2020. It is projected to witness a 42% increase, equivalent to $4.5 trillion, between 2020 and 2030, reaching USD 15.2 trillion. Consequently, the surge in construction activities is a significant driver for the growth of the brick-making machine market.
Urbanization is expected to contribute to the growth of the brick-making machines market. Urbanization, characterized by the migration of populations from rural to urban areas, necessitates efficient brick-making machines for the production of construction materials to support infrastructure development in rapidly expanding urban regions. As of April 2023, according to the World Bank Group, over half of the global population resides in urban areas, and this urban population is forecasted to increase to 6 billion by 2045, representing a 1.5 times increase. Thus, urbanization serves as a driving force for the brick-making machines market.
Product innovation stands out as a prominent trend gaining traction in the brick-making machine market. Leading companies in the market are actively introducing innovative products to maintain and enhance their positions. An illustrative example is SnPC Machines, an India-based machinery manufacturing company, which unveiled the world's first fully automated brick-making vehicle in February 2021. This specialized truck functions as a brick-making machine, equipped with essential components such as a generator, mixer, and brick-making mold. Loading raw materials into the truck initiates the brick preparation process, streamlining the overall operation.
Major players in the brick-making machines market are increasingly channeling investments to capitalize on emerging opportunities within the industry. Investment involves allocating financial resources to projects, ventures, or assets with the anticipation of generating income, profits, or future value appreciation. For instance, in November 2021, Ibstock, a UK-based manufacturer specializing in clay and concrete building products, committed £50 million to establish the country's inaugural automated brick slips factory. Brick slips are specialized tiles designed to mimic the appearance of authentic clay bricks when installed. This strategic investment aligns with Ibstock's new business unit, Ibstock Futures, dedicated to sustainable and industrialized construction solutions.
In May 2022, InnoCSR, a South Korea-based material technology company, entered into a partnership with NMB Bank to advance the implementation of the Good Bricks System (GBS) in Nepal. Developed by InnoCSR, the GBS employs non-fired brick production technology, utilizing the Good Soil Stabilizer-a specialty chemical that binds soil and cement to meet international brick quality standards. NMB Bank will play a crucial role as an agent bank, providing external funding for GBS and extending financial support through products such as loans and guarantees to brick kiln owners adopting this innovative system. NMB Bank is a commercial banking entity based in Nepal.
Major companies operating in the brick making machines market report are Aimix Group Co. Ltd., Lontto Group, Shandong Shengya Machinery Co. Ltd., Apollo Zenith Concrete Technologies Pvt. Ltd., Everon B.V, ZCJK intelligent machinery Wuhan Co. Ltd., Jayem Manufacturing Co., Bimix Machines Pvt. Ltd., Vishwakarma Creative Engineering Pvt. Ltd., Bess Machine, Reva Engineering Enterprises, SnPC Machines Pvt. Ltd., Hydraform International Pty. Ltd., Verdes Clay & Minerals Equipment Private Limited, QGM Quangong Machinery Co. Ltd., Hardic Engineering, Zhengzhou Yingfeng Machinery Co. Ltd., Shankar Engineering Corporation, Hanje Hydrotech, Wilkinson Brick Making Machines, Robust Machine and Automation, Sadhana Engineering Industries, Pawan Vajra Eco Pvt. Ltd., Bothra Machines Pvt. Ltd., Tengzhou Luhu Machinery Co. Ltd.
Asia-Pacific was the largest region in the brick making machines market in 2023. The regions covered in the brick making machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the brick making machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The brick-making machine market consists of sales of rotary brick-making machines, wheel-logo clay brick machines, hydraulic brick-making machines, and cement brick-making machines. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Brick Making Machines Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on brick making machines market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for brick making machines ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The brick making machines market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.