Concrete Mixer Market Size, Share, By Type (Batch, and Continuous), By Power Source (Diesel, Electric, and Hybrid), By Application (Industrial, Residential, and Commercial), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI537024 | Publish Date: June 2024 | No. of Pages: 183

Concrete Mixer Market Overview

Concrete Mixer Market Size was valued at USD 6.7 Billion in 2024 and is expected to reach USD 9.8 Billion by 2034 growing at a CAGR of 4.3%.

A concrete or cement mixer is a tool used to create concrete by uniformly mixing cement, material (such as gravel or sand), and water. A spinning drum is typically used in concrete mixers to mix the ingredients. Portable concrete mixers are frequently utilized for smaller-scale projects so that the concrete can be mixed on the job site, and workers have plenty of time to use it before it solidifies. Construction sites can reduce the number of cement lumps formed while saving time and labor by using concrete mixers. These mixers increase worker productivity and produce a more economical and efficient operation.

Several types of mixers are available, each made to fulfill particular specifications, depending on the materials being mixed and the intended result. Concrete Batch Mixers and Continuous Mixers are the two main types of concrete mixer machines. In the long run, the demand for concrete mixers is anticipated to be fueled by fast urbanization, population growth, robust economic growth, and increased construction activities in developed and emerging nations during the projection period.

Due to the growing population and urbanization, residential and commercial use infrastructures are being built faster. This, along with the global development of smart cities, is driving the market's expansion. An increase in government spending on the construction of public facilities is also supporting global sales of cement mixers. However, the high upfront expenses required may impede the target market's growth over the forecast period. 

Concrete Mixer Market Size

Concrete Mixer Market Dynamics

Key Drivers of Target Market:

Growth in the number of construction endeavors:

  • Cement mixer demand is rising due to increased construction activities worldwide. Manufacturers are focused on developing inventive, eco-friendly, and efficient mixing solutions to meet evolving consumer demands. Additionally, digital technology and automation advances are transforming the cement business by increasing efficiency and sustainability in cement mixing processes.

Growing Funding for Infrastructure:

  • Governments worldwide pour resources into infrastructure projects to upgrade energy grids, transit networks, and other essential services. Due to this, there is a considerable need for concrete mixers with large capacities. Consequently, the worldwide cement mixers market has grown due to the rising need for infrastructure projects. Cement mixer demand is on the rise due to governments throughout the globe trying to promote infrastructure development.

Restrains:

High Upfront Investment:

  • For smaller construction enterprises, the high initial cost of buying concrete mixers, especially large-scale models or those with complex features, might be a barrier. Furthermore, the growing cost of raw materials is one of the main obstacles to expanding the worldwide cement mixer market. The cost of raw ingredients, such as cement, sand, gravel, and other components, is rising to make cement mixers.

Opportunities:

Growth of the Rental Industry:

  • The growing market for construction equipment rentals is expected to drive considerable expansion in the cement mixer industry. This can be attributed to several factors, including the ever increasing expense of equipment ownership, the need for flexibility in construction projects, and the proliferation of rental choices. Thus, the rising trend of renting construction equipment—including concrete mixers—can be a financially viable choice for smaller businesses and meet their short-term project requirements

Concrete Mixer Market Segmentation

The market is segmented based on Type, Power Source, Application, and Region.

Type Insight:

  • Batch: In the construction sector, a concrete batch mixer is used to mix a certain amount of concrete at once. This mixer works well for small to medium-sized construction projects without a huge need for concrete. Typically, the concrete batch mixer comprises a drum or container into which all elements are introduced in a specific order. Normally, the components consist of cement, sand, water, and aggregates like gravel or crushed stone. The amount of concrete that needs to be mixed determines the size of the mixer, which is available in various capacities. Larger batch mixers can carry up to 6 cubic yards or more of concrete, whereas smaller mixers can only hold up to 1 cubic yard. A concrete batch mixer is a dependable and effective solution when mixing a certain amount of concrete at a time for small to medium-sized building projects.
  • Continuous: Continuous mixers, often called continuous flow mixers, are used in the building sector for mixing materials such as concrete. When ingredients pass through the mixing chamber of this cement mixer, they are continually mixed, in contrast to batch mixers, which only mix a certain amount of material at a time. One end of the mixing chamber receives a continuous feed of material, while the other end constantly expels the mixed material. Its value lies in its capacity to swiftly and efficiently generate vast volumes of homogeneous material. They can be used to mix various building materials, such as mortar, asphalt, and concrete (both wet and dry mixes). Their relatively high cost is one of their main disadvantages, though. They are less appropriate for smaller building projects because they also need a sizable quantity of area to operate.

Power Source Insights

  • Diesel: Diesel engines are the most widely used power source because of their strength, dependability, and adaptability in construction settings. Nevertheless, they produce pollutants detrimental to the environment, which could hinder this segment's growth.
  • Electric: Electric engines are a more environmentally beneficial choice in applications that are used indoors or in locations with more stringent emission rules. They may be less portable and have less power.
  • Hybrid: Hybrid engines combine diesel and electric engines to balance power, efficiency, and lower emissions. They are becoming more popular due to growing environmental concerns.

Application Insights

  • Industrial: The industrial application class encompasses large-scale construction projects such as dams, bridges, and industrial buildings, frequently requiring stationary facilities or continuous mixers with significant capacities to produce large amounts of concrete.
  • Residential: In residential construction, smaller batch mixers, such as truck-mounted or portable mixers, are frequently utilized for driveways, foundations, and minor home remodeling projects.
  • Commercial: A broader variety of mixer types and capacities are available in the commercial category, contingent upon project size and concrete requirements. Therefore, ranging from truck mixers for major construction projects to smaller mixers for remodelling.

Regional Insights

  • North America: With large investments in infrastructure and building projects, North America is a seasoned market. Productivity, effectiveness, and dependable equipment are prioritized. Different mixers are in demand, ranging from truck mixers with huge capacities for large-scale projects to portable mixers for smaller-scale home applications.
  • Asia Pacific: The market for concrete mixers is anticipated to be led by Asia-Pacific. China, Singapore, and India are driving the concrete mixer market's growth. Additionally, sales of construction equipment are rising quickly in Indonesia and India. Large-scale road projects and logistical corridor building are driving up construction equipment sales in India, while the development of manufacturing zones in Indonesia is the main driver of this growth in the industry. As a result, the market is anticipated to expand throughout the projection period as businesses debut new products to gain market share in this category.
  • Europe: Europe is a well-established market that is increasingly prioritizing sustainability. Regulations and incentives favor electric or hybrid concrete mixers. Waste reduction and the efficient use of concrete are given top priority by European construction businesses. This may result in demand for mixers with exact control systems.
  • Latin America: Concrete mixers are in demand due to Latin America's expanding construction industry. However, political and economic unrest might provide difficulties. The need for concrete mixers is driven by urbanization and the need for better infrastructure, especially smaller versions for early phases of development.
  • Middle East and Africa: The MEA region's future growth potential is substantial, but it is constrained by infrastructure and access to cutting-edge technologies. Government initiatives in infrastructure construction may drive the need for concrete mixers.

Concrete Mixer Market Report Scope:

Attribute

Details

Market Size 2024

USD 6.7 Billion

Projected Market Size 2034

USD 9.8 Billion

CAGR Growth Rate

4.3%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Batch, and Continuous

By Power Source – Diesel, Electric, and Hybrid

By Application - Industrial, Residential, Commercial

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Type, Power Source, Application, and Region:

Segmentation:

By Type:

  • Batch
  • Continuous

By Power Source:

  • Diesel
  • Electric
  • Hybrid

By Application:

  • Industrial
  • Residential
  • Commercial

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Concrete Mixer Market Key Players

The key players operating the Concrete Mixer Market include 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., and Caterpillar.

Concrete Mixer Market Players

Concrete Mixer Market Key Issues Addressed

  • In June 2023, Aggregate Industries will launch London's first electric-powered concrete mixer, going even further in its commitment to aiding in the decarbonization of the construction industry. The company's bustling London Concrete division will benefit from the state-of-the-art 26-ton electric concrete mixer, which will supply necessary ready-mix concrete supplies around the Capital. The specially constructed Renault Trucks vehicle, which is anticipated to be used immediately, will be the first electric mixer truck in London and the second in the U.K.  
  • In October 2022, Putzmeister revealed building sustainability with its brand-new all-electric concrete mixer. Based on a SANY electric chassis, the new iONTRON eMixer is electrically powered. The maximum gross weight allowed with the 8x4 axle layout is 34 tonnes. Because of this, the control eMixer's battery can operate for a full day in cities, suitable for five to six trips, with a range of up to 150 kilometers.

Concrete Mixer Market Company Profile

  • Liebherr-International AG *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • 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.
  • Caterpillar

“*” marked represents similar segmentation in other categories in the respective section.

Concrete Mixer Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Power Source
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, Type, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Batch
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Continuous
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
      • Segment Trends
  5. Market Segmentation, Power Source, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Diesel
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Electric
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
      • Segment Trends
    • Hybrid
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
      • Segment Trends
  6. Market Segmentation, Application, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Industrial
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Residential
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Commercial
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  7. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Power Source, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S
        • Canada
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Power Source, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Power Source, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • Germany
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Power Source, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Power Source, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East and Africa
  8. Competitive Landscape
  • Heat Map Analysis
  • Company Profiles
    • 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.
    • Caterpillar

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Concrete Mixer Market Size was valued at US$ 6.7 billion in 2024 and is expected to grow at a CAGR of 4.3% to reach US$ 9.8 billion by 2034

The Concrete Mixer Market is segmented into Type, Power Source, Application, and Region.

Factors driving the market include an increase in the number of building projects and rising construction expenditure.

Restraints of the Concrete Mixer Market include elevated initial outlay of funds as a market restraining factor.

Region segments the Concrete Mixer Market into North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. Asia Pacific is expected to dominate the Market.

The key players operating the Concrete Mixer Market include 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., and Caterpillar.