Mobile Concrete Mixer Market Worth $11,812.2 Million by 2030

iCrowdNewswire

Sep 07, 2021

Some sites require fresh concrete that is prepared on construction sites itself to avoid wastage, which eventually saves construction cost occurring due to wastage of concrete. Hence, owing to this demand, mobile concrete mixers are used to prepare concrete from raw material such as sand, cement, water, gravel, and sometimes binding adhesives. The concrete is than discharged though outlet nozzle mounted on front or back of the truck or trailer as per design.

The mobile concrete mixer market size was valued at $6,755.0 million in 2020, and is expected to reach $ 11,812.2 million by 2030, registering a CAGR of 5.6% from 2021 to 2030.

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Major driving factors of the mobile concrete mixer market are extensive increase in investments by governments, majorly in developing countries on constructing new infrastructures such as roads, dams, tunnels, residential & commercial buildings, and other public infrastructures. In addition, ease of transportation of concrete in remote areas where roads are not well built or construction sites that have no proper access drives the mobile concrete mixer market.

Top 10 Leading Players

AB Volvo
KYB Corporation
Liebherr-International AG
Navister Inc.
Oshkosh Corporation
Sany Group
Schwing Stetter Group
Sinotruk, Tata Motors
Zoomlion Heavy Industry Science and Technology Co., Ltd.

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Key Market Segments

By Capacity

Less than 6 m³
6-10 m³
Above 10 m³

By Product Type

Standard
Volumetric

By Chassis Type

Truck
Trailer

By Region

North America
Europe
Asia-Pacific
LAMEA

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