New York, NY, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Truck Mounted Concrete Pump Market by Product Type (Truck Mounted Concrete Pumps, Stationary Concrete Pumps, and Specialized Concrete Pumps) and by Vertical (Industrial, Commercial, and Domestic): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024’’. According to the report, the global truck mounted concrete pump market was valued at around USD 210 million in 2017 and is expected to reach approximately USD 455 million by 2024, growing at a CAGR of slightly above 5% between 2018 and 2024.
Truck mounted concrete pumps are generally used for the transportation of liquid concrete to construction sites. There are three major types of concrete pumps—boom or truck mounted pump, trailer, line, or stationary pumps, and specialized usage pumps.
Browse through 55 Tables & 22 Figures spread over 110 Pages and in-depth TOC on “Global Truck Mounted Concrete Pump Market Size & Share 2017: Industry Type, Growth, Trends and Forecast to 2024”.
Request Free Sample Report of Global Truck Mounted Concrete Pump Market Report @ https://www.zionmarketresearch.com/sample/truck-mounted-concrete-pump-market
The truck mounted concrete pumps are widely used in the construction industry. There is an increase in the product demand from multistoried buildings, skyscrapers, etc. in various countries, which is likely to further drive the truck mounted concrete pump market. The Middle East and Africa have a large number of ongoing construction projects. For instance, Omagine Pearl – a project in Oman – has a net value of around USD 2.0 billion. The project has seven pearl shaped buildings and is expected to create 1000 jobs in the region. Major investments made in infrastructure in China, India, Japan, and Brazil are likely to boost the business scope of the construction industry, which, in turn, will provide impetus to the truck mounted concrete pump market expansion. Due to low-interest rates, the rise in earnings, and significant investments made in construction ventures, both by the government and private sector are likely to provide many lucrative growth opportunities for the players operating in the region’s truck mounted concrete pump market. A major restraint factor for the global truck mounted concrete pump market is the high price of the machine.
The global truck mounted concrete pump market is classified on the basis of product type and vertical. The product type segment includes truck mounted concrete pumps, stationary concrete pumps, and specialized concrete pumps. The verticals include industrial, commercial, and domestic sectors. The industrial sector is expected to dominate the global truck mounted concrete pump market in the future, due to the increased number of construction activities witnessed in different regions globally.
Download Free Report PDF Brochure: https://www.zionmarketresearch.com/requestbrochure/truck-mounted-concrete-pump-market
The Asia Pacific truck mounted concrete pump market is projected to witness a substantial rate of growth in the upcoming years. It is one of the leading manufacturers of truck mounted concrete pumps and likely to experience a higher rate of growth in the years to come. China, Japan, and India are experiencing massive growth in the construction sector due to rapid urbanization. Moreover, the governments in these countries are making various policies to support and boost this market growth in the region. The rising construction activities are indirectly impacting the growth of this regional truck mounted concrete pump market.
North America is likely to witness a substantial rate of growth in the truck mounted concrete pump, due to an increase in the region’s construction sites. The region is also experiencing various technological developments that are supporting the regional growth of the truck mounted concrete pump market. Moreover, the key players are also making various developments, such as the modification of existing products and development of new products to make them cost-effective and user-friendly at the same time.
Browse the full "Truck Mounted Concrete Pump Market by Product Type (Truck Mounted Concrete Pumps, Stationary Concrete Pumps, and Specialized Concrete Pumps) and by Vertical (Industrial, Commercial, and Domestic): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024 " Report At https://www.zionmarketresearch.com/report/truck-mounted-concrete-pump-market
Europe is likely to witness a sluggish rate of growth in the truck mounted concrete pump market in the upcoming years. Moreover, the rapid expansion in the housing and infrastructure sectors and huge investments made for the highway and road development in the region are some of the major factors supporting the expansion of the truck mounted concrete pump market in the region. The industrial segment is likely to be the most dominant vertical in Europe, with an optimum use of truck mounted concrete pumps in the region.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/truck-mounted-concrete-pump-market
This report covers a detailed competitive outlook of the key participants operating in the global truck mounted concrete pump market, such as Schwing Stetter GmbH, Apollo Inffratech, Concord Concrete Pumps, DY Concrete Pumps, Alliance Concrete Pumps, Junjin, Liebherr Group, Ajax Fiori Engineering, PCP Group, and Putzmeister, among others.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/317
This report segments the global truck mounted concrete pump market as follows:
Truck Mounted Concrete Pump Market: Product Type Segment Analysis
- Truck Mounted Concrete Pumps
- Stationary Concrete Pumps
- Specialized Concrete Pumps
Truck Mounted Concrete Pump Market: Vertical Segment Analysis
- Industrial
- Commercial
- Domestic
Truck Mounted Concrete Pump Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Related Reports:
- Recreational Vehicle Market: https://www.zionmarketresearch.com/report/recreational-vehicles-market
- Automotive Interior Materials Market: https://www.zionmarketresearch.com/report/automotive-interior-materials-market
- Automotive Electronics Market: https://www.zionmarketresearch.com/report/automotive-electronics-market
- IoT Fleet Management Market: https://www.zionmarketresearch.com/report/iot-fleet-management
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Blog: http://usindustrynews.com | http://europeindustrynews.com
Contact Us:
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Blog: http://zmrblog.com