Portable Concrete Mixer Market Size, Share, Growth, and Industry Analysis, By Type (Below 0.2 m³, 0.2-0.3 m³ and 0.3-1 m³), By Application (Construction Sites, Roads & Bridge Projects and Industrial), Regional Forecast By 2031

Updated On: 08 July 2024

Portable Concrete Mixer Market Report Overview

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The global portable concrete mixer market size was USD 1233.1 million in 2022 & the market is expected to reach USD 2083.2 million in 2031, exhibiting a CAGR of 6.0% during the forecast period. 

The global COVID-19 pandemic has been unprecedented and staggering, with portable concrete mixer market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

A portable concrete mixer is a tool used to mix concrete at building sites and other places where ready-mixed concrete isn't always readily available. It is a small, portable device used to mix cement, water, aggregates (such sand or gravel), and occasionally additives to produce uniform concrete. Typically, portable concrete mixers have a drum or container where the mixing happens. Blades or paddles inside the drum, which is typically constructed of steel, revolve to mix the ingredients. Although portable concrete mixers' capacities can vary, they are typically smaller than stationary mixers used in bigger building projects.

The reason why these mixers are referred to be "portable" is because they are made to be readily moved from one place to another. On building sites, it is easier to move them about because they frequently include wheels or handles. Some portable concrete mixers are trailer-mountable, giving them even more mobility. Small-scale construction projects like building foundations, sidewalks, driveways or minor concrete repairs sometimes include the usage of portable concrete mixers. By allowing employees to mix the concrete on-site rather than relying on delivery of ready-mixed concrete, they provide flexibility and cost-effectiveness.

COVID-19 Impact: Disrupted Productivity and Effectiveness to Hinder Market Growth

To safeguard the health and safety of workers, new safety procedures and hygienic practices had to be implemented at construction sites. This might have involved a cap on the number of employees, distance restrictions for physical separation, improved sanitary procedures, and the use of personal protective equipment (PPE). The productivity and effectiveness of concrete mixing procedures, particularly the usage of portable concrete mixers, may have been impacted by these approaches. Priorities for building have changed: Some building projects might have experienced delays, reductions, or cancellations as a result of the pandemic's economic effects. This might have had an impact on the need for portable concrete mixers, especially for jobs that weren't considered urgent or vital during the pandemic.

LATEST TRENDS

"Improved Performance and Efficiency to Enhance Market Growth"

Portable concrete mixers' performance and efficiency are constantly being improved by manufacturers. This entails boosting the durability and dependability overall as well as the mixing mechanisms' efficiency and capacity. Modern technology are being added to portable concrete mixers to improve their functionality. Digital controls, automated mixing techniques, and sensors to track variables like mixing speed, uniformity, and water-to-cement ratios are all included in this.

Portable Concrete Mixer Market Segmentation

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• By Type

Based on type market is classified as Below 0.2 m³, 0.2-0.3 m³ and 0.3-1 m³.

• By Application

Based on application market is classified as construction sites, roads & bridge projects and industrial.

DRIVING FACTORS

"Customization and versatility to Uplift Market Profile"

Construction sites place a high focus on safety, and portable concrete mixers are being fitted with safety features to reduce dangers. To prevent unintentional access to moving parts, measures like emergency stop buttons, locked covers, and better guarding systems are included. Customisation and adaptability: More adaptability and customisation possibilities are being made available by portable concrete mixers. Manufacturers are offering accessories and attachments that allow users to complete extra activities, like mixing mortar, grouting, or pouring in limited locations.

"Increased Demand for Small-Scale Construction Projects to Augment Market Growth"

For small-scale construction jobs including residential construction, remodelling, and landscaping, portable concrete mixers are perfect. There is a growing need for portable concrete mixers to support these projects as urbanisation progresses and infrastructure requirements increase. Compared to ready-mixed concrete, portable concrete mixers are more flexible and affordable. Construction teams can save money on shipping and have more control over the mixing process by making concrete on-site. It is helpful in a variety of construction settings to be able to modify the mix design, quantities, and timing thanks to this flexibility. A key motivator is the portability of portable concrete mixers. It is generally problematic to rely on centralised concrete batching machines or deliveries of ready-mixed concrete since construction sites frequently have limited space or difficult access. Portable mixers offer the comfort of

RESTRAINING FACTORS

"Limited Capacity and Scale to Impede Market Expansion"

Comparatively speaking, permanent or truck-mounted mixers have larger capacities than portable mixers for concrete. Their use in more complex building projects that call for significant amounts of concrete may be constrained by this constraint. Larger mixing equipment is preferred since the project's size and scope might not be suitable with the production capacity of portable mixers. Specialised capabilities or characteristics that are not widely available in portable concrete mixers may be necessary for some construction projects. For instance, certain projects could need the ability to handle particular additive types, precise control over the qualities of the concrete, or specialised mixing methods. Contractors may choose specialised mixing apparatus or customised batching units in such circumstances.

Portable Concrete Mixer Market Regional Insights

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"North American to Dominate the Market Due to its Well-Established Building Sector"

Portable concrete mixers are in high demand in the North American region due to its well-established building sector. With a strong emphasis on infrastructure projects, the residential and commercial building industries in the US and Canada are both thriving. The use of portable concrete mixers in the region is influenced by the availability of cutting-edge technology, a supportive regulatory framework, and a focus on environmentally friendly building methods. Portable concrete mixers are used in a number of well-established construction markets in this region.

The region's thriving building industries necessitate concrete production that is flexible and mobile. Additionally, the demand for portable mixers is driven by rising remodelling and renovation activity in developed economies. Additionally, there is a rising focus on environmentally sustainable construction practises, encouraging the use of portable mixers with fewer emissions and energy-efficient features.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• TORO
• Liugong
• Altrad
• Multiquip Inc.
• Zhengzhou Great Wall Machinery Manufacture Co.,
• Speedcarfts Ltd
• Zhengzhou Changli

REPORT COVERAGE

The report anticipates a detailed analysis of the global market size at the regional and national level, the ssegmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Aanalysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.