Automated Shotcrete Machine Market Size, Share, Growth, and Industry Analysis, By Type (Wet Shotcrete, Dry Shotcrete), By Application (Ground Road Paving, Tunnel Construction, Mining Industry, Military Installation, Others) and Regional Forecast to 2028

Updated On: 22 April 2024

AUTOMATED SHOTCRETE MACHINE MARKET REPORT OVERVIEW

The global automated shotcrete machine market size was USD 316.7 million in 2022 and the market is projected to touch USD 408.1 million by 2029, exhibiting a CAGR of 3.6% during the forecast period.

The Automated Shotcrete Machine market has been experiencing a significant surge owing to the increasing demand for efficient and automated construction processes. Shotcrete machines, also known as concrete spraying machines, are extensively used in various industries, including construction, mining, tunneling, and infrastructure development. The market is witnessing notable growth due to the advantages offered by these machines, such as increased productivity, reduced labor costs, and improved precision in concrete application.

Technological advancements in the construction industry have led to the development of automated shotcrete machines that ensure accurate and uniform concrete spraying, thereby enhancing the overall construction quality. Moreover, the rising focus on infrastructure development and the need for faster and more sustainable construction methods are further propelling the growth of the automated shotcrete machine market.

COVID-19 Impact: Lockdown Led to Disruptions in The Construction and Infrastructure Sectors Hampered the Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The Automated Shotcrete Machine market, like many other industries, felt the impact of the COVID-19 pandemic. The crisis led to disruptions in the construction and infrastructure sectors, significantly affecting the demand and supply chain of automated shotcrete machines. The stringent lockdowns, labor shortages, and project delays during the initial phase of the pandemic led to a downturn in the market. However, the latter phases witnessed a gradual recovery due to increased construction activities, infrastructure developments, and the adoption of automated solutions to ensure safety and efficiency on construction sites. Companies in the sector focused on incorporating features for contactless operation and remote monitoring to adapt to the new normal of operating in pandemic conditions.

LATEST TRENDS

"Adoption of Advanced Technology in Automated Shotcrete Machines to Drive Market Growth"

A prevailing trend in the Automated Shotcrete Machine market is the increasing adoption of advanced technology in the machines. Manufacturers are integrating innovative features such as automated nozzle positioning systems, robotic arms, and remote monitoring capabilities. These advancements not only enhance the precision and efficiency of shotcrete application but also contribute to improved safety measures on construction sites. The integration of IoT (Internet of Things) technologies for real-time monitoring and data analytics is a significant trend observed in the industry, providing better control and analysis of the shotcrete process.

AUTOMATED SHOTCRETE MACHINE MARKET SEGMENTATION

• By Type

Based on type the global market can be categorized into Wet Shotcrete, Dry Shotcrete.

The automated shotcrete machine market is divided into Wet Shotcrete, involving pre-mixed concrete with water applied through compressed air, and Dry Shotcrete, which employs a pre-dampened mixture sprayed through a nozzle, offering specific advantages like better adhesion and reduced setting time for wet shotcrete, and improved control over the water-to-cement ratio in dry shotcrete.

• By Application

Based on application the global market can be categorized into Ground Road Paving, Tunnel Construction, Mining Industry, Military Installation, Others.

The Automated Shotcrete Machine market is categorized by application into sectors such as infrastructure development, mining, tunneling, and restoration projects, where wet shotcrete excels in underground construction due to high early strength and reduced rebound, while dry shotcrete is preferred for above-ground construction, slope stabilization, and restoration projects owing to its ease of application and reduced rebound.

DRIVING FACTORS

"Technological Advancements and Innovation to Boost the Market"

The continuous advancement and innovation in automated shotcrete machine technologies are significantly driving market growth. Manufacturers are focusing on R&D to introduce more efficient and versatile machines. The integration of robotics, automation, and IoT-based systems is enhancing the precision and efficiency of shotcrete application, consequently fostering the automated shotcrete machine market growth.

"Rising Demand for Infrastructure Development to Expand the Market"

The increasing demand for infrastructural development, especially in developing economies, is a key driver for the market. Growing urbanization, coupled with the need for efficient and durable construction, is propelling the demand for automated shotcrete machines. These machines offer enhanced productivity, better control over the application process, and contribute to the timely completion of construction projects, thereby increasing the automated shotcrete machine market share.

RESTRAINING FACTORS

"High Initial Investment Costs and The Need for Skilled Labor to Potentially Impede Market Growth"

The market faces the challenge of high initial investment costs and the need for skilled labor. The high capital investment required for automated shotcrete machines can impede their adoption, especially among small and medium-sized enterprises. Additionally, the requirement for skilled operators who can handle these technologically advanced machines poses a challenge. Training and skill development initiatives are essential to overcome this challenge and ensure a broader market penetration for automated shotcrete machines.

AUTOMATED SHOTCRETE MACHINE MARKET REGIONAL INSIGHTS

"Rapid Urbanization and Extensive Infrastructure Development in Asia Pacific To bolster the market growth "

The Asia Pacific region holds a significant share in the automated shotcrete machine market due to the rapid urbanization and extensive infrastructure development. Countries like China, India, and Southeast Asian nations are witnessing robust growth in construction and mining activities. The increasing focus on infrastructural projects, such as highways, railways, and urban development initiatives, is boosting the demand for automated shotcrete machines in this region. Moreover, the rising adoption of advanced technology and increasing investments in construction and mining sectors further contribute to the market share expansion in the Asia Pacific region.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The Automated Shotcrete Machine Market is substantially influenced by key industry players known for their innovative advancements and strategic market expansions, fundamentally shaping the industry landscape and directing consumer preferences. These influential entities demonstrate profound expertise in automated construction technologies, boasting extensive global reach and providing comprehensive access to state-of-the-art automated shotcrete solutions. Through their robust networks, technological advancements, and specialized platforms, these industry leaders offer a diverse range of cutting-edge automated shotcrete machines and related technologies. The established brand reputation, reliability, and credibility of these major players play a pivotal role in steering consumer preferences and driving the widespread adoption of innovative automated shotcrete solutions in the construction and infrastructure sectors.

List of Market Players Profiled

• SANY (China)
• Aliva (Switzerland)
• Normet (Finland)
• Epiroc (Sweden)
• Zoomlion (China)
• WUXIN (China)
• CRCHI (China)
• Gengli Machinery (China)
• Changsha Keda (China)
• Titan Makina (Turkey)
• XuGong (China)
• Furukawa (Japan)
• MacLean Engineering (Canada)

INDUSTRIAL DEVELOPMENT

2023: Robotic shotcrete machines: These machines are equipped with robotic arms that can be programmed to apply shotcrete in precise and accurate patterns. This makes them ideal for use in applications where high quality and precision are required, such as tunnel construction and bridge repair.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.