Portable Concrete Mixing Equipment Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
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Get an In-Depth Research Analysis of the Global Portable Concrete Mixing Equipment Market Size And Forecast [2025-2032]
The Portable Concrete Mixing Equipment Market has experienced notable growth from 2018 to 2022, driven by increasing construction activities and infrastructure development worldwide. In 2022, the market was valued at approximately USD 1.2 billion and is projected to reach USD 2.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 9% during the forecast period from 2024 to 2032. citeturn0search14
During this period, the market witnessed a steady expansion, with a CAGR of 5.5% from 2018 to 2028. citeturn0search0 This growth was primarily driven by the increasing demand for portable concrete mixers in construction sites, road and bridge projects, and industrial applications.
Looking ahead, the demand for portable concrete mixing equipment is expected to continue its upward trajectory from 2023 to 2033. The global concrete mixer market is projected to expand at a CAGR of 3.4% during this period, with sales estimated to reach USD 9.1 billion by 2033. citeturn0search1 This growth is attributed to the ongoing urbanization, infrastructure development, and the increasing need for efficient construction equipment.
In terms of market segmentation, the construction sites segment accounted for the largest market share in 2017 and is projected to expand at a significant rate over the forecast period. The road and bridge projects segment was valued at USD 446 million in 2017 and is expected to reach USD 1,049 million by 2030, growing at an estimated CAGR of 7.8%. citeturn0search0
Regionally, Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of construction sites, which require portable concrete mixers for on-site use. citeturn0search0
In summary, the Portable Concrete Mixing Equipment Market has shown robust growth from 2018 to 2022 and is poised for continued expansion from 2023 to 2033. This growth is driven by increasing construction activities, infrastructure development, and the need for efficient and portable concrete mixing solutions.
SANY
Oshkosh Corporation
Zoomlion
LiuGong
TORO
TEREX
Xuzhou Construction Machinery Group
HITACHI
Liebherr
Sinotruk
Altrad
VOLVO
Multiquip
Shandong Hongda Construction Machinery
Shanghai Hua Dong Construction Machinery
ELKON
Fangyuan Group Co
SHANTUI
RexCon
Ammann Elba Beton GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Portable Concrete Mixing Equipment Market
Construction Sites
Roads & Bridge Projects
Industrial
Others
Based on Types the Market is categorized into Below types that held the largest Portable Concrete Mixing Equipment market share In 2023.
Automatic
Manual
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Portable Concrete Mixing Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Portable Concrete Mixing Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Portable Concrete Mixing Equipment Market, By Type
6. Global Portable Concrete Mixing Equipment Market, By Application
7. Global Portable Concrete Mixing Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Portable Concrete Mixing Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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