IMARC Group, a leading market research company, has recently releases report titled “Cement Mixer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global cement mixer market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the cement mixer market?
|
Report Attributes |
Details |
|
Market Size in 2022 |
US$ 14.1 Billion |
|
Market Forecast in 2028 |
US$ 17.3 Billion |
|
Growth rate (2023 to 2028) |
CAGR of 3.26% |
|
Base Year of the Analysis |
2022 |
|
Forecast Period |
2023-2028 |
What is Cement Mixer?
A cement mixer is an equipment that homogeneously mixes cement, aggregate sand or gravel, and water to form concrete. Cement is a crucial component of construction, which is made by grinding together a mixture of clay and limestone and is widely used across the globe. A concrete mixer consists of a revolving drum and blade to mix the components and is available in a number of types and sizes. It helps save time and reduces the formation of cement lumps, which is why it is witnessing a significant demand across the globe. The cement mixers are available in batch and continuous in the market.
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What are the growth prospects and trends in the Cement Mixer industry?
Cement Mixer Market Trends:
The rising construction of commercial and residential sectors across the globe represents one of the primary factors bolstering the market growth. The increasing trend of equipment leasing and rental across smaller firms has surged the sales of cement mixers, which is another growth-inducing factor. Additionally, the governments of various nations are heavily investing in the development of smart cities and public infrastructure development, which is providing considerable trust to the market growth. The burgeoning global population and rapid industrialization and urbanization are creating a positive outlook for the market. Besides this, the growing demand for cost-effective cement mixers has compelled the key market players to develop new generation cement mixers with smooth handling, higher payload, and low cleaning costs, which is boosting the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Caterpillar
- Liebherr-International AG
- SANY GROUP
- Sinotruk Hong Kong Ltd
- Akona Engineering Pvt. Ltd
- Henan Sanq Group Machinery Co., Ltd
- Lino Sella World,
- Shantui Construction Machinery Co., Ltd
- Terex Corporation,
- Zoomlion Heavy Industry Science & Technology Co., Ltd
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Diesel Mixer
- Drum Rotating Mixer
- Twin Shaft Mixer
- Tilting Mixer
- Non-Tilting Mixer
Breakup by End User:
- Industrial
- Residential
- Commercial
Breakup by Region:
- Europe
- Asia-Pacific
- North America
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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