A concrete mixer homogeneously combines cement and other aggregates such as gravel, sand, and water to form concrete. It uses a rotating drum for mixing mechanisms. There are different types of concrete mixers available in the market such as batch mixers and continuous mixers. A concrete mixer makes concrete production quick and economical. A concrete mixer is available in fixed and portable mode. All concrete mixer styles have their own in-built weaknesses and strengths. Concrete mixers is used across the world to fluctuating degrees of popularity.
The Asia Pacific is likely to be the most attractive market for concrete mixers during the forecast period due to rapid industrialization and infrastructure development. Global players are entering the Asia Pacific region to gain significant market share.
North America and Middle East & Africa are expected to be other major markets for concrete mixers. Construction of tunnels, airports, seaports, high-speed rail sites and beam fields are also boosting the concrete mixer market in North America, and the Middle East & Africa.
The concrete mixer market is projected to witness a large number of collaborations between manufacturers and technology developers during the forecast period
The latest concrete mixers are capable of saving fuel, and improving the air quality and health of operator by reducing carbon emission, noise emission, and dust emission, and vibration levels
Connected technologies have already infused the construction equipment industry. The construction equipment industry witnessed the development of IoT-enabled and GPS-powered concrete mixers. Smart operations, lower cost of ownership, higher fuel efficiency, and are key features. All this feature is expected to increase the market attractiveness of concrete mixer market.
Increasing mechanization of industry and construction facilitates greater penetration of construction equipment, which include concrete mixer. This factor is expected to increase the demand for concrete mixers across the world.
Rising government spending on infrastructure development is responsible for the indirect growth of the concrete mixer market
Another factor such as the growth of the real estate industry and investment on infrastructure development and increase in the number of services and modernization construction equipment distributors is expected to drive the overall concrete mixer market across the world
However, the high initial cost of a concrete mixer is expected to hamper the market growth during the forecast period
The global concrete mixer market has been segmented based on the product, power source, drum capacity, operation mode, end-use, and region.
In terms of product, the global concrete mixer market has been classified into fixed and portable. Day care is expected to hold a major market share in 2017. In terms of growth rate portable segment is expected to grow at a fast rate during the forecast period.
In terms of power source, the global concrete mixer market has been classified into diesel operated and electrically operated. Among the power source segments, electric operated is expected to be the most attractive segment during the forecast period.
In terms of drum capacity, the global drum capacity has been classified into less than 200 liters, 201 - 450 liter, 451 - 750 liter, and more than 750 liters. More than 750 liters is expected to hold a major market and expected to grow at the fastest rate during the forecast period.
In terms of operation mode, the global concrete mixer market has been classified into manual, semi-automatic, and automatic. Semi-automatic is expected to hold a major market share in 2017 and grow at a steady growth rate during the forecast period.
In terms of end-use, the global concrete mixer market has been classified into heavy and civil engineering and general construction. The heavy and civil engineering segment is further classified into the bridge, road, railway, airport, and others. The heavy and civil engineering segment is expected to hold a major market share and expected to grow at fastest rate during the forecast period.
Based on region, the market is classified into North America (U.S, Canada, and Rest of North America), Europe (U.K, Germany, France, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, Australia, Indonesia, and Rest of Asia Pacific), Middle East & Africa (GCC Countries, South Africa, and Rest of the Middle East & Africa), and South America (Brazil and Rest of South America). Asia Pacific region is expected to hold a major market share of the global concrete mixer market. The Asia Pacific has the largest market share in concrete mixers due to the rise in construction activities in China and India. The Asia Pacific concrete mixer market is driven by factors such as rapid urbanization, demographic changes, and increasing demand for skyscrapers.
Competition is expected to intensify in the coming years with the entry of several local players. Some of the key players in the market Caterpillar Inc., Liebherr-International AG, Sany Group Co., Ltd., Terex Corporation, Crown Construction Equipment, Multiquip Inc., Zhengzhou great wall machinery manufacture co., ltd., Lino Sella World, Fangyuan Group Co. Ltd., Ammann Group, and others.