Truck Mounted Concrete Pump
Market
REPORT
Tartaric Acid Market - Global Industry Analysis Size Share Growth
Trends and Forecast 2014 – 2022
The global market for truck mounted concrete pumps is highly consolidated, find a new research
study by Transparency Market Research (TMR). In 2016, the top six players, namely, Sany Group &
Putzmeister, SCHWING, XCMG, Zoomlion Heavy Machinery Co. Ltd., Concord Concrete Pumps, and
LIEBHERR, accounted for nearly 95% of the overall market.
The rivalry is intense between the leading manufacturers of truck mounted concrete pumps. These
companies are adopting aggressive pricing strategies and are involving in strategic mergers and
acquisitions for the geographical expansion of their businesses in established markets, which is likely
to increase the competition within this market over the next few years, states the research report.
As per the research report, the worldwide truck mounted concrete pump market was worth US$2.79
bn in 2016. Researchers expect the opportunity in this market to increasing at a CAGR of 5.80%
during the period from 2017 to 2025 and reach US$4.64 bn by the end of the forecast period. The
demand for these pumps is significantly high in the residential sector. Thanks to the increasing
construction activities and the rising number of new townships projects, this segment is likely to
remain leading end user of truck mounted concrete pumps, notes the study.
Browse Market Research Report @ http://www.transparencymarketresearch.com/truck-
mounted-concrete-pump-market.html
Truck Mounted Mobile Pumps to Surface as Most Valued Product
The research report further offers exhaustive analyses of the global market for truck mounted
concrete pumps on the basis of various parameters. On the basis of the type of product, this market
has been classified into mobile pumps, static pumps, and truck mixer concrete pumps in this study.
Among these, truck mounted mobile pumps is enjoying a higher demand than other and are
anticipated to remain doing so during the forecast period. Mobile pumps find a widespread
deployment in small to big construction projects and is projected to rise at a significant CGAR of more
than 6% between 2017 and 2025.
Geographically, Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America
have been considered as the key segments of the worldwide truck mounted concrete pump market in
the research report. In 2016, Asia Pacific emerged as the leading regional market for truck mounted
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