A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Truck-mounted
Concrete Pump Market.
The study, titled “Truck-mounted
Concrete Pump Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Truck-mounted Concrete Pump Market: Overview
The
introduction of truck-mounted concrete pumps has significantly change
the pace of construction projects over the past few years. A truck
that has a pump to dispense large amount of concrete is known as a
truck-mounted concrete pump. Innovation of these pumps has brought in
tremendous flexibility in the construction sector for the purpose of
supplying liquid concrete.
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Market Research Report @
The
research report presents a thorough analysis of the global
truck-mounted concrete pumps market through its exhaustive
publication. It includes an assessment of its segments and explores
the possible strengths, weaknesses, opportunities, and threats
influencing them. Furthermore, the research report also provides an
in-depth understanding of the competitive landscape present in the
overall market.
Global
Truck-mounted Concrete Pump Market: Drivers and Trends
The
demand for truck-mounted concrete pumps has been escalating in large
construction projects as they are capable for pumping out large
volume of concrete at a time. This feature reduces the need for
manual labor, thereby reducing the cost of construction project.
Furthermore, the usage of truck-mounted concrete pumps has also
reduced the time required for the completion of the project, thereby
helping builders generate revenues at a faster pace. These pumps are
capable of delivering concrete at various inaccessible construction
sites at a faster pace without any impact on the liquid concrete due
to the climate.
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The
construction industry is focused on building multistory structure and
skyscrapers, which has led to a high adoption of truck-mounted
concrete pumps. The uptake of these pumps is expected to remain
steady in the coming years as they are help in completing projects on
time and reduce the cost of labor. The various types of truck-mounted
concrete pumps available in the global market are stationary pumps,
boom pumps, and specialized pumps. Of these, the boom pumps are
expected to drive the global market. The increasing number of
government-sponsored projects is also likely to fuel the uptake of
these pump, thereby boost the overall market during the forecast
period.
Global
Truck-mounted Concrete Pump Market: Regional Outlook
In
terms of geography, the global market is segmented into North
America, Western Europe, Eastern Europe, the Middle East and Africa,
and Asia Pacific. As of 2015, Asia Pacific held a dominant share in
the global market due to the growing construction industry. The
exponential rise in the regional population has stirred the demand
for housing and other infrastructure. Both of these factors have
resulted in a booming construction industry in Asia Pacific, which
has significantly fueled the truck-mounted concrete pump market in
the region. Emerging economies of India and China are projected to be
the key contributors to the Asia Pacific truck-mounted concrete pump
market in the near future.
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North
America and Europe follow this lead as both the regions are trying to
revive their construction and infrastructure industry after the
economic slowdown. Upgradation of infrastructure and development of
several projects is expected to generate a sizeable demand for the
truck-mounted concrete pumps market. The market in both these regions
is being led by the U.S. and the U.K. respectively.
Key
Players Mentioned in the Report are:
Some
of the important players operating in the global truck-mounted
concrete pump market are Sebhsa, XCMG Group., Aquarius Engineers Pvt
Ltd, RTK Engineering Co, Beston (Henan) Machinery Co., Ltd, and
Schwing Stetter. However, the report states that Zoomlion Heavy
Industry Science & Technology Co., Ltd and SANY GROUP are ahead
of the curve in the overall market.
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Us
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Market Research (TMR) is a market intelligence company, providing
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and analyze information.
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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