Global Concrete Mixer Market Projected to Discern Stable Expansion During 2018 to 2028 – Reveals Fact.MR
Verfasser: ashwani_kailiya on Friday, 18 October 2019According to a new study of Fact.MR, revenues from the concrete mixer market were in excess of 126,800 units in 2018, and are estimated to record a 4% Y-o-Y growth in 2019. Myriad factors influence dynamics of the concrete mixer industry, which range from the customer requirement for equipment with high technical standards and convenient portability, to tightened environmental standards apropos of emissions and recycling of materials. This Fact.MR study also offer a long-term perspective of the concrete mixer truck market for the period between 2019 and 2027. According to the study, the concrete mixer market is estimated to record a CAGR of over 4% through 2027.
The study opines that in-transit mixers remain the preferred category among end-users, in light of their ability to both mix and transport concrete around a construction site, particularly in case of remote locations and sites that are far from concrete plants. The deprivation of clotting, and prevention of concrete balling effect, are key benefits associated with in-transit concrete mixers that continue to sustain their sales. On the contrary, sales of trailer concrete mixers are expected to remain low, tugged by their higher operating and maintenance costs, along with relatively less efficient maneuverability.