September 26, 2019 by Amanpreet
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What are Key Growth Determinants of the Concrete Mixer Market?
What are Key Challenges Faced by Concrete Mixer Market Stakeholders?
Concrete Mixer Market: Competitive Overview
Caterpillar Inc. has contributed to sustainable progress, driving positive transformations over the years. Customers look to Caterpillar for helping them develop robust infrastructures and energy & natural resource assets. The world’s leading construction & mining equipment manufacturer, Caterpillar principally operates via 3 primary segments – energy & transportation, resource industries, and construction industries. The company recorded revenues over US$ 45 Bn in 2017.
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Liebherr-International AG has been a leading heavy construction equipment manufacturer, including products that range from crawler and mobile cranes, to mining trucks and concrete mixers. Revenues from overall product & equipment sales of Liebherr in 2017 closed in on 9845 Mn. The company has recently introduced an entirely redeveloped truck-mounted concrete pump, with its proprietary Powerbloc drive unit.
Sany Group Co., Ltd., is an established manufacturer and distributor of construction equipment & machinery, and is well-known to produce concrete managing machineries, road construction machineries, wind turbines and port machineries. Revenues of the company in 2017 closed in on US$ 3.5 Bn. Concrete mixers developed and launched by Sany Group feature HBT S-Valve technology, and advanced spiral design that enables superior concrete mixing with lesser discharge residual.
Sinotruk Hong Kong Ltd., continues to remain a leading company in the development, production, and sales of heavy and light duty vehicles and their assembly parts. The company operates in key segments, namely, trucks, engines and finance. Concrete mixers and relevant equipment parts are one of the key offerings in the portfolio of Sinotruk Hong Kong Ltd.
Terex Corporation has been a prominent manufacturers and supplier of the materials processing machinery, aerial work platforms, and cranes across the globe. The company continues to serve a broad array of industry sectors including construction, manufacturing, transportation, energy, utilities, and mining. Terex has launched a front discharge concrete mixer truck, which is designed to be equipped with all ranges of models, helping industries improve their bottom line.
The study profiles key players operating in the concrete mixers market, which include Akona Engineering Pvt. Ltd., Henan Sanq Group Machinery Co., Ltd., Shantui Construction Machinery Co. Ltd., Zoomlion Heavy Industry Science & Technology Co. Ltd., Metalgalante SPA, Altrad Investment Authority SAS, ATIKA GmbH, Jaypee India Limited, Universal Construction Machinery & Equipment, Yiwu Shanghong Hardware Factory, and Safari Construction Equipments Pvt. Ltd.
Diesel Engine-driven Concrete Mixers Here to Stay, Despite Higher Traction of Electric & Hybrid Engines
Power sources for concrete mixers have shown remarkable advancements, with electric and hybrid technologies fast growing on the developmental strategies of manufacturers. However, diesel engines are expected to show unabated adoption, as the power supply remains a key concern among most of the economies worldwide, but developed markets. Revenues from diesel engine-driven concrete mixer sales closed in on US$ 3,000 Mn in 2018, and are estimated to record a Y-o-Y growth at approximately 4% in 2019.
Values and forecast of the concrete mixer market provided in the report are based on a tested & proven research methodology, which involves extensive primary & secondary researches. Data gathered on the concrete mixers market has further been validated by Fact.MR’s in-house industry experts, adding to the credibility of the study. This report serves as an authentic intelligence source for stakeholders in the concrete mixers market, who can make factual, triumphant growth strategies for their businesses.
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