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

 

Segment Analysis for the Concrete Mixer Market

By Type:

Leading Segment: Truck Mixers

Truck mixers account for the largest market share, approximately 35%, due to their efficiency in transporting large volumes of ready-mix concrete for infrastructure projects. Cement manufacturers like LafargeHolcim extensively use truck mixers for large-scale projects. The segment is projected to grow steadily with a CAGR of 7% owing to increasing urbanization & infrastructure developments on a global scale.

Fastest-Growing Segment: Self-Loading Mixers

Self-loading mixers are growing at a CAGR of 9%. The growth is driven by their versatility & ability to mix and transport concrete on-site. These mixers are widely adopted in remote & small-scale construction projects. For instance, companies like Schwing Stetter are introducing compact self-loading mixers to cater to rural & emerging markets, especially in Asia & Africa.

 

By Capacity:

Leading Segment: 2–5 Cubic Meters

Mixers with a capacity of 2–5 cubic meters dominate the market with over 40% share. They are preferred for small to medium-sized construction projects due to their cost-effectiveness & operational efficiency. These mixers are heavily utilized in residential & commercial construction projects worldwide.

Fastest-Growing Segment: Above 10 Cubic Meters

Mixers with a capacity above 10 cubic meters are growing at a CAGR of 10%, primarily due to their increasing use in mega infrastructure projects such as highways, bridges & dams. The construction of the HS2 high-speed rail project in the UK relies heavily on large-capacity mixers for high-volume concrete production.

 

By Power Source:

Leading Segment: Diesel-Powered Mixers

Diesel-powered mixers dominate the market, accounting for over 60% of the share. This is due to their reliability in remote & off-grid areas. These mixers are widely used in infrastructure projects where electric power sources may be unavailable.

Fastest-Growing Segment: Electric Mixers

Electric mixers are experiencing the fastest growth, with a CAGR of 12%, due to increasing demand for eco-friendly & energy-efficient equipment. European countries are adopting electric mixers for urban construction to meet stringent emission standards.

 

By Application:

Leading Segment: Infrastructure (Roads, Bridges, Dams)

Infrastructure construction accounts for the largest share, about 45%, due to heavy investments in public infrastructure globally. For example, China’s Belt & Road Initiative heavily utilizes high-capacity mixers for large-scale infrastructure projects.

Fastest-Growing Segment: Residential Construction

The residential construction segment is growing at a CAGR of 8.5%, fueled by rising housing demand in emerging economies. Projects like India’s Pradhan Mantri Awas Yojana (PMAY) are driving demand for concrete mixers, especially compact and self-loading types.

 

By End-User:

Leading Segment: Construction Companies

Construction companies lead the market, holding a share of over 50%, due to their use of mixers for a wide range of projects, including residential, commercial & industrial. Companies like Bechtel & Vinci rely on truck mixers for large-scale operations.

Fastest-Growing Segment: Rental Providers

Rental providers are growing at a CAGR of 10%, driven by the high cost of purchasing mixers & the increasing demand for rental services in emerging markets. Hertz Equipment Rental offers a range of mixers to cater to short-term construction needs.

 

By Technology:

Leading Segment: Manual Mixers

Manual mixers hold the largest share, about 60%, as they are widely used in small-scale construction projects & emerging economies. These mixers are cost-effective & require minimal operational training.

Fastest-Growing Segment: Automated Mixers

Automated mixers are growing at a CAGR of 11%, driven by the adoption of advanced technologies like IoT & AI for precision mixing & efficiency. For example, Liebherr offers automated mixers with advanced sensors to monitor & optimize the mixing process.

 

By Region:

Leading Region: Asia Pacific

Asia Pacific leads the market, holding over 40% of the share, due to rapid urbanization and government investments in infrastructure projects. Countries like India & China are the primary drivers, with initiatives such as China’s Belt & Road and India’s Smart Cities Mission.

Fastest-Growing Region: Middle East & Africa

The Middle East & Africa region is growing at a CAGR of 10.5%, driven by investments in infrastructure and construction to support tourism and urbanization. Projects like Saudi Arabia’s Neom City are fueling demand for advanced concrete mixers.

 

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.

 

Concrete Mixer Market Report Coverage

Report Attribute	Details
Forecast Period	2023 – 2030
Market Size Value in 2023	USD 8.2 billion
Revenue Forecast in 2030	USD 13.1 billion
Overall Growth Rate	CAGR of 6%
Base Year for Estimation	2022
Historical Data	2017 – 2021
Unit	USD Billion, CAGR (2023 – 2030)
Segmentation	By Type, By Capacity, By Power Source, By Application, By End-User, By Region
By Type	Batch 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, Commercial, Industrial, Infrastructure
By End-User	Construction Companies, Rental Providers, Infrastructure Contractors, Others
By Region	North America, Europe, Asia-Pacific, LAMEA
Country Scope	US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.