Global Concrete Placing Booms Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2022


Posted February 22, 2022 by princepawar293

Concrete pumping machine is one of the crucial machinery in modern construction industry.
 
The liquid concrete is pumped/ transferred in construction site by piping is realized mainly by three types of concrete pumping units which are concrete placing boom, line pump (stationary pump) and truck mounted boom pump. Truck mounted booms pumps are employed at large construction sites owing to its pumping capability and also saves time as well as labor cost.


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Line pumps are used in smaller construction sites line pumps are comparatively slower and require manual labor as well. A separate concrete placing booms are used in sites where the application of truck mounted booms pumps is not convenient such as if the concrete pumping is to be done at a height where the boom pumps failed to achieve or the job site area is too large to operate through line pump or truck loaded boom pumps. In the large infrastructural projects such as bridge use of stationary pumps is inconvenient. To overcome this challenge Concrete placing booms are ideally used for large construction sites by means of tower cranes for concrete pumping at necessary locations.

There are various concrete placing booms available in the market according to various types of concrete placing booms are available in the market cater demand from specific requirements of construction industry. The types of concrete placing booms includes ship-mounted, floor-mounted, stationary, rail-mounted, and self-climbing concrete placing boom. Mobile models combine excellent mobility, high utilization, wide application, high safety and reliability, easy transportation by means of a crane. The concrete placing booms are generally a structure on a pedestal or a rotating platform which may be located hundreds of feet from the point of action and connected with a pipeline system. The application on concrete placing booms with adequate concrete placing booms can be of great operational help in construction job sites and provide high-quality concrete distribution and improve the working efficiency.

Concrete Placing Booms Market: Dynamics

The Concrete Placing Booms Market is highly dependent on the construction industry outlook across the globe. The construction and infrastructure developments across various economies is dynamic in nature, its fluctuation is highly dependent upon rate of urbanization, industrialization. In developing economies such as India, China, Brazil, and Argentina, urbanization is taking place at a faster pace and will contribute to the growth of construction industry, which in turn, will spur the demand for concrete placing booms. Also, supporting government policy in providing loans, increase in FDI, subsidies and investments, the construction of commercial spaces is increasing day by day.

Moreover, owing to increase in population coupled with growth in demand for residential area will also support the demand for Concrete Placing Booms Market. Also, Public and private sectors are making huge investments in infrastructure, along with commercial and residential construction projects. Public-private partnership help the private investors with better guarantees and better institutional legal framework to accelerate country’s infrastructure construction.

However, the high cost of concrete placing booms and its operational cost may restraint its growth over the forecast period. Also, the manufacturers of concrete placing booms are investing in research and development of the machine to make it more efficient and economical. However, the ongoing trend in the construction industries of using better equipment to get better results will increase the demand for Concrete Placing Booms during the forecast period. The concrete placing booms primarily find their customer in form of rental sales agencies who then rent out the equipment to the concerned end user making the business value chain a lucrative one for the suppliers.

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Concrete Placing Booms Market: Regional Outlook

The Asia Pacific Is expected to exhibit high demand for the Concrete Placing Booms Market owing increase in infrastructural developments in countries such as China, India is anticipated to contribute to the regional demand of concrete placing booms at a significant level. Developed countries of Europe are expected to experience a moderate level of growth whereas the U.S. is expected to observe a higher growth as compared to Europe. During the forecasted period, MEA is also expected to hold a major share in the global Concrete Placing Booms Market and is expected to behold it even in the forecast period owing to rising investment in construction industry. Rest of the world is estimated to account for a relatively small share of the concrete placing booms market.

Concrete Placing Booms Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Concrete Placing Booms Market are:

Putzmeister America, Inc.
SANY GROUP
ALTERMEKA Mühendislik ve Tic.Ltd
Everdigm
Camelway Machinery Equipment Co.,ltd.
Hangzhou Truemax Machinery & Equipment Co.,Ltd.
Dawin Machinery
Zoomlion
Liebherr
XCMG
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Based on the length, the Concrete Placing Booms Market can be segmented as follows:

Less Than 30 Meter Class Concrete Placing Booms
30 To 40 Meter Class Concrete Placing Booms
41 to 50 Meters Class Concrete Placing Booms
More than 50 Meters Class Concrete Placing Booms
Based on the End Users, the Concrete Placing Booms Market can be segmented as follows:

Mining
Energy and Power
Tunnelling
Construction
Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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Issued By Future Market Insights
Country United States
Categories Business
Last Updated February 22, 2022