Global Concrete Mixer Market Size & Growth Trends Analysis Report

There is a growing need for concrete mixers owing to the building sector's explosive expansion, particularly in developing nations. This need is being further fueled by infrastructure development projects including urban housing, bridges, and roadways. Moreover, labor expenses are decreasing and operations are becoming more efficient because of technological improvements like automated and portable concrete mixers. Furthermore, the employment of creative mixers that save waste and improve concrete quality is encouraged by the growing emphasis on sustainable construction methods. By providing cutting-edge and effective mixer technologies that are customized to meet individual customer needs, startups such as Fibo Intercon (Denmark), Concrete Canvas Ltd. (UK), and Cemen Tech Inc. (U.S.) are making significant progress in the market.

The demand for mixers promoting environmentally friendly construction techniques is anticipated to increase as green building practices and sustainable building materials become more commonplace. Globally, the creation of smart city initiatives offers more room for expansion. Furthermore, rising infrastructure spending is anticipated to support market expansion, especially in developing nations. The European Committee for Standardization (CEN), the International Organization for Standardization (ISO), and the Occupational Safety and Health Administration (OSHA) in the U.S. are just a few of the regulatory organizations that have an impact on the concrete mixer market. These organizations set standards for quality, safety, and environmental impact.

The global concrete mixer market is also subject to certain limitations. Concrete mixers can be prohibitively expensive to buy for small and medium-sized construction enterprises due to their high startup costs and ongoing maintenance requirements. Furthermore, changes in the price of raw materials like steel and iron might affect the cost of production. The manufacturers also face difficulties in complying with environmental standards regarding emissions and noise from concrete mixing equipment.

Impact of COVID-19

The COVID-19 outbreak significantly impacted the global market for concrete mixers. The lockdowns and other limitations caused construction activities to cease or be delayed, which reduced demand for concrete mixers. The disruptions in the supply chain delayed the production and delivery of equipment, raising production costs and impeding the expansion of the market. However, as governments around the world made infrastructural investments to boost economic recovery, the market started to rebound, resulting in a resurgence in demand for concrete mixers. To reduce human involvement in building sites, the pandemic hastened the use of automated and remote-controlled mixers, which has stimulated innovation in the sector.

Segmentation

The global concrete mixers market is segmented into type, mobility, and application. By type, the market is further segmented into pan, continuous, and drum mixers. Massive construction projects frequently use drum mixers, such as those made by Caterpillar Inc., owing to their effective way of mixing massive amounts of concrete. Continuous mixers, such as those made by Rapid International, are the better choice when a steady supply of concrete is needed. Since pan mixers are small and can create high-quality mixtures, they are usually employed in smaller-scale applications. Companies that sell pan mixers include ELKON.

Based on mobility, the market is segmented into portable and stationary. The majority of the time, stationary mixers, like those made by SANY Group, are employed in large-scale projects where they are stationary. The portable mixers, such as those provided by Multiquip Inc., are easy to carry and operate in various areas and are intended for smaller construction sites or projects requiring mobility.

By application, the concrete market is further segmented into industrial buildings, commercial buildings, and residential buildings. Concrete mixers are used in residential applications, which are backed by businesses such as Terex Corporation, for small-scale home construction and remodeling projects. Applications for the development of offices, shopping centers, and other commercial buildings are provided by companies like Schwing Stetter. Heavy-duty mixers, like those made by Liebherr Group, are needed for industrial applications and are utilized in infrastructure projects including dams, bridges, and highways.

Regional Analysis

Each region exhibits unique trends and potential prospects in the analysis of the concrete mixer market, which spans North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The increased construction activity, particularly in the U.S. and Canada, is driving the concrete mixer market in North America. Roadway, bridge, and commercial building construction projects are driving demand for sophisticated concrete mixing equipment like that offered by Cemen Tech Inc., and McNeilus Truck and Manufacturing. Furthermore, the government's investments in residential development projects and public infrastructure play a major role in the expansion of this sector.

The Europe concrete mixer market is distinguished by a significant focus on sustainability and innovation in construction technology, with leading nations including Germany, the UK, and France. Leading manufacturers in this market, Liebherr Group, and Schwing Stetter GmbH, offer cutting-edge environmentally friendly concrete mixers. Continued urbanization, rehabilitation of the infrastructure, and strict environmental restrictions that promote the use of energy-efficient building equipment all contribute to the region's growth.

Concrete mixers are most widely used in the largest and fastest-growing market in the Asia Pacific region, which includes China, India, and Japan. Its demand is being driven by increasing government spending on infrastructure construction and rapid urbanization. Prominent enterprises such as SANY Group and Zoomlion Heavy Industry are leveraging this expansion by offering an array of goods appropriate for varied building requirements. The growing utilization of sophisticated construction equipment in developing nations like Vietnam and Indonesia facilitates the growth of the industry.

In Latin America, the market for concrete mixers is expanding moderately due to the construction of residential buildings and infrastructure in nations like Brazil, Mexico, and Argentina. Renowned companies in the region, Concretrelax, and Frumecar, provide customized solutions for regional construction requirements. Notwithstanding, certain nations may face obstacles to the expansion of the industry due to political and economic instability.

Large-scale infrastructure projects, such as those building stadiums, airports, and smart cities, are the main drivers of the Middle East and Africa market. These projects are concentrated in nations like South Africa, Saudi Arabia, and the United Arab Emirates. Major competitors in this industry, such as Putzmeister and Altrad Belle, provide durable and effective mixers to satisfy the demanding needs of construction projects. The increasing emphasis on commercial real estate development and tourism also contributes to the expansion of these markets.

Competitive Analysis

The key players in the global concrete mixer market are Caterpillar, KYB Conmat Pvt. Ltd., Sinotruk Hong Kong Ltd., Terex Corporation, Akona Engineering Pvt. Ltd., Lino Sella World, Metalgalante SPA, Altrad Investment Authority SAS, Liebherr-International AG, SANY GROUP, Xuzhou Construction Machinery Group Co. Ltd., ATIKA Gmbh, Jaypee India Limited, Zoomlion Heavy Industry Science & Technology Co. Ltd., Shantui Construction Machinery Co. Ltd., Henan EP Machinery Co. Ltd., Henan Sanq Group Machinery Co. Ltd., and Universal Construction Machinery & Equipment, among others.

To improve construction sustainability, Putzmeister unveiled the iONTRON eMixer, an all-electric concrete mixer, in October 2022. The mixer can carry a maximum gross weight of 34 tons and is constructed on a SANY electric chassis with an 8x4 axle configuration. In urban environments, its 150-kilometer range and five to six daily excursions are made possible by a battery that lasts an entire day. Similarly, in September 2022, Allison Transmission announced it would debut its new eGen Power electric axles at Bauma 2022 in Munich. These axles are designed for construction vehicles and are compatible with existing truck chassis, supporting faster development of BEVs, FCEVs, and hybrid vehicles.

SANY unveiled a new line of lightweight mixer trucks in January 2022 in response to consumer requests. The vehicles, which include 12 cutting-edge lightweight technologies, are made of non-metal and high-strength aluminum alloy. They are free from yearly inspections and adhere to regulatory requirements.

For the Table of Contents (TOC) of the entire report, Contact Us. We will provide you with the full TOC for the same.

The global concrete mixer market is segmented as follows:

By Type (Revenue: USD Billion, 2019 – 2031)
●    Pan Concrete Mixer
●    Continous Concrete Mixer
●    Drum Concrete Mixer

By Mobility (Revenue: USD Billion, 2019 – 2031)
●    Portable
●    Stationary

By Application (Revenue: USD Billion, 2019 – 2031)
●    Industrial Building
●    Commercial Building
●    Residential Building

By Region (Revenue: USD Billion, 2019 – 2031)

● North America
o U.S.
o Canada
o Mexico

● Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe

● Asia Pacific
o China
o Japan
o India
o South Korea
o South East Asia
o Rest of Asia Pacific

● Latin America
o Brazil
o Argentina
o Rest of Latin America

● Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa