According to Technavio, the concrete pump market size is expected to value at $ 1.59 bn during 2021-2025. The market sizing analysis in the report reveals that the market growth will progressing at a CAGR of almost 11%. The report offers exclusive detailed COVID-19 impact study, which majorly highlights  vendor performance and new business opportunities during and post pandemic period.

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Concrete Pump Market Trends & Drivers

The concrete pump market research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as cities evolving into megacities, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.  

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The concrete pump market has also explored key trends such as growth in construction of green buildings, which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.

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Concrete Pump Market: Segmentation Analysis

This market research report segments the concrete pump market by Product (Stationary concrete pump, Specialized concrete pump, and Truck-mounted concrete pump) and Geography (APAC, North America, Europe, MEA, and South America).

The APAC region led the concrete pump market in 2021, followed by North America, Europe, MEA, and South America respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as .

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A few of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario