Concrete Mixer Market By Type (Batch Mixers [Drum Mixers, Pan Mixers], Continuous Mixers, Self-Loading Mixers, Truck Mixers, Stationary Mixers); By Capacity (Up to 2 cubic meters, 2 - 5 cubic meters, 5 - 10 cubic meters, Above 10 cubic meters); By Power Source (Diesel, Electric, Hybrid); By Application (Residential Construction, Commercial Construction, Industrial Construction, Infrastructure [Roads, Bridges, Dams]); By End-User (Construction Companies, Rental Providers, Infrastructure Contractors, Others [e.g., Municipalities]); By Technology (Manual Mixers, Automated Mixers); By Geography, Segment revenue estimation, Forecast, 2024-2032.

The concrete mixer market in 2023 was worth USD 8.2 billion and is expected to be worth USD 13.1 billion by 2030, expanding at a CAGR of 6% during the forecast period.

 

The concrete mixer market is also driven by the growing construction industry due to urbanization as well as infrastructure development across the globe. The global construction industry is estimated to expand by about 5% annually, especially in the Asia-Pacific and Middle East regions, where massive construction projects like housing, business structures, and transportation networks are being developed. For instance, China’s Belt and Road-related projects and India’s Smart Cities-related projects have spurred considerable demand for high-quality concrete mixing solutions. Recent developments include using highly efficient and digitally operated concrete mixers with technological facilities such as GPS and operations from remote areas to cut down labor expenses. These new-generation mixers are capable of generating larger volumes at better rates in terms of homogeneity to cope with the rising construction requirements and speed, thereby fueling the market’s growth.

 

A major opportunity in the concrete mixer market lies in the growing trend of sustainable construction practices and the need for eco-friendly concrete solutions. The construction industry comprises approximately 8% of global CO2 emissions, which has led to the focus on reducing emissions in the industry through the use of sustainable materials and advanced technologies of mixing materials. A growing trend covered by the environmental regulations of some countries is the use of electric and hybrid concrete mixers that consume 30% less fuel than the more conventional concrete mixers. New technology includes electric concrete mixers with features that include using energy-efficient motors and systems for controlling the water-cement ratio for stronger and more sustainable concrete. This change of focus towards using environmentally friendly construction equipment allows manufacturers to meet the growing demand for sustainable construction skills.

 

 

Market Segmentation

By Type:

• Batch Mixers

  • Drum Mixers

  • Pan Mixers

• Continuous Mixers

• Self-Loading Mixers

• Truck Mixers

• Stationary Mixers

 

By Capacity:

• Up to 2 cubic meters

• 2 - 5 cubic meters

• 5 - 10 cubic meters

• Above 10 cubic meters

 

By Power Source:

• Diesel

• Electric

• Hybrid

 

By Application:

• Residential Construction

• Commercial Construction

• Industrial Construction

• Infrastructure (Roads, Bridges, Dams)

 

By End-User:

• Construction Companies

• Rental Providers

• Infrastructure Contractors

• Others (e.g., Municipalities)

 

By Technology:

• Manual Mixers

• Automated Mixers

 

By Region

North America

• US

• Mexico

• Canada

• Rest of North America

 

Europe

• Switzerland

• Russia

• France

• Germany

• U.K

• Finland

• Turkey

• Netherlands

• Belgium

• Spain

• Italy

• Rest of Europe

 

Asia Pacific

• India

• China

• South Korea

• Japan

• Singapore

• Thailand

• Indonesia

• Malaysia

• Philippines

• Australia

• Rest of Asia-Pacific

 

LAMEA

• Brazil

• Argentina

• Uruguay

• Saudi Arabia

• Rest of LAMEA

 

The Asia-Pacific region is the largest consumer of concrete mixers due to increased urbanization, new constructions, and large construction projects ongoing in the region. China and India are leading this growth where alone China is contributing more than 50% of global cement consumption indicating the huge need for concrete mixers in its numerous projects including residential homes and building construction to bridges and highways among others. For instance, China’s Belt and Road drive has triggered massive demand for concrete mixers with high production quality and throughput rates. Recent development includes the use of new-generation mobile concrete mixers, which offer real-time monitoring and automatic control system to increase on-site production and shorten construction periods. Such innovations, combined with government funding for smart city projects and further extension of infrastructural structures, still strengthen Asia Pacific’s leading position in the concrete mixer market.

 

Key Players

• Caterpillar Inc.

• SANY Group

• Liebherr Group

• CIFA S.p.A.

• Schwing Stetter GmbH

• Terex Corporation

• Zoomlion Heavy Industry Science & Technology Co., Ltd.

• Volvo Construction Equipment

• Mecbo Srl

• Shantui Construction Machinery Co., Ltd.

• Sicoma ZHUHAI Co., Ltd.

• McNeilus Truck and Manufacturing, Inc.