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Ready Mix Concrete Batching Plant Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR40704
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The ready mix concrete batching plant market size has the potential to grow by USD 77.70 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.44%. 

This report provides a detailed analysis of the market by type (dry batch concrete plant and wet batch concrete plant), geography (APAC, MEA, Europe, South America, and North America), and key vendors. 

Market Overview

Ready-Mix-Concrete-Batching-Plant-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Ammann Switzerland Ltd
  • Astec Industries Inc.
  • ELKON
  • Haomei Machinery Equipment Co. Ltd.
  • MEKA
  • ODISA CONCRETE EQUIPMENT
  • Oshkosh Corp.
  • SCHWING GmbH
  • Stephens MFG. Co.
  • Vince Hagan Co.

 

The ready mix concrete batching plant market is fragmented and the vendors are deploying growth strategies such as expanding their business into new regions and launching new products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the increase in demand for ready mix mobile concrete batching plants to achieve growth opportunities. However, factors such as the availability of a large number of substitutes for ready-mix concrete will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the ready mix concrete batching plant market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This ready mix concrete batching plant market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Ready Mix Concrete Batching Plant Market: Key Drivers and Trends

  • The demand for ready mix mobile concrete batching plants is increasing owing to their advantages, driving the ready mix concrete batching plant market growth significantly.
  • The plants are compact and inclusive of all the procedures of ready mix concrete production. They have a manual-machine interface that is easy to understand and offers steady operation even in harsh environments.
  • The entire arrangement of hardware in the plants can be quickly and easily transported to construction sites and assembled on-site.
  • Market vendors are leveraging on the market growth scope associated with ready mix mobile concrete batching plants and are offering more such products.
  • Ready to mix concrete batching plant vendors are adopting technologies such as Internet of Things (IoT), cloud-connected systems, and automation to offer high-quality concrete and facilitate precise quality control. This is one of the key ready mix concrete batching plant market trends. 
  • The technologies improve in-transit concrete management systems.
  • The connected devices collect data from truck-mounted sensors and analyze them for actionable ready-mix concrete business improvements.
  • The adoption of technological advances is helping end-users in cost reduction, minimizing rejected loads, and maximizing the volume of consistent and high-quality concrete.

 

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Ready Mix Concrete Batching Plant Market: Segmentation by Geography

Ready-Mix-Concrete-Batching-Plant-Market-Market-Share-by-Region-2020-2025

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48% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for ready mix concrete batching plants in APAC. Market growth in this region will be faster than the growth of the market in Europe, North America, and South America.

The increasing construction of commercial and industrial buildings and the rising investments in infrastructural development will facilitate the ready mix concrete batching plant market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Ready Mix Concrete Batching Plant Market: Segmentation by Type

Ready-Mix-Concrete-Batching-Plant-Market-Market-Share-by-Type-2020-2025

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The operating cost for dry batch concrete plants is low. Concrete gets mixed more efficiently in dry batch concrete plants compared with wet batch concrete plants. The time required for maintenance is also shorter for dry batch concrete plants. Owing to these benefits, the demand for dry batch concrete plants is increasing, which is encouraging vendors to offer advanced dry batch concrete plants. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the ready mix concrete batching plant market size.

 

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Ready Mix Concrete Batching Plant Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive ready mix concrete batching plant market growth during the next five years
  • Precise estimation of the ready mix concrete batching plant market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ready mix concrete batching plant industry across APAC, MEA, Europe, South America, and North America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ready mix concrete batching plant market vendors

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Ready Mix Concrete Batching Plant Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 77.70 million

Market structure

Fragmented

YoY growth (%)

2.78

Regional analysis

APAC, MEA, Europe, South America, and North America

Performing market contribution

APAC at 48%

Key consumer countries

China, India, Iran (Islamic Republic of Iran), Turkey, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ammann Switzerland Ltd, Astec Industries Inc., ELKON, Haomei Machinery Equipment Co. Ltd., MEKA, ODISA CONCRETE EQUIPMENT, Oshkosh Corp., SCHWING GmbH, Stephens MFG. Co., and Vince Hagan Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five force summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Dry batch concrete plant - Market size and forecast 2020-2025
    • Wet batch concrete plant - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption
      • Industry risks

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Ammann Switzerland Ltd
      • Astec Industries Inc.
      • ELKON
      • Haomei Machinery Equipment Co. Ltd.
      • MEKA
      • ODISA CONCRETE EQUIPMENT
      • Oshkosh Corp.
      • SCHWING GmbH
      • Stephens MFG. Co.
      • Vince Hagan Co.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The ready mix concrete batching plant market growth will increase by $77.70 million during 2020-2025.
      The ready mix concrete batching plant market is expected to grow at a CAGR of 3.44% during 2020-2025.
      Technavio has segmented the ready mix concrete batching plant market by type (Dry batch concrete plant and Wet batch concrete plant) and geographic (APAC, MEA, Europe, South America, and North America).
      Ammann Switzerland Ltd, Astec Industries Inc., ELKON, Haomei Machinery Equipment Co. Ltd., MEKA, ODISA CONCRETE EQUIPMENT, Oshkosh Corp., SCHWING GmbH, Stephens MFG. Co., Vince Hagan Co. are a few of the key vendors in the ready mix concrete batching plant market.
      APAC will register the highest growth rate of 47.97% among the other regions. Therefore, the ready mix concrete batching plant market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • India
      • Iran (Islamic Republic of Iran)
      • Turkey
      • Germany
      The key factors driving the ready mix concrete batching plant market growth are:
      • Increase in demand for ready mix mobile concrete batching plants
      The ready mix concrete batching plant market vendors should focus on grabbing business opportunities from the dry batch concrete plant segment as it accounted for the largest market share in the base year.
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