PUBLISHER: Allied Market Research | PRODUCT CODE: 1097658
PUBLISHER: Allied Market Research | PRODUCT CODE: 1097658
The global flexible concrete vibrator market size was valued at $ 266.4 million in 2020, and is projected to reach $ 376 million by 2030, registering a CAGR of 3.3% from 2021 to 2030. Flexible concrete vibrators are used for concrete consolidation during its pouring in the formwork. It is typically used during the construction of footings & stem walls, small slabs, driveways, and other pouring type. Flexible concrete vibrators are typically powered by electric motors or internal combustion engines and by other mechanisms. These are generally equipped with frequency adjustment knobs that enable operators to change frequency of vibration as per requirement.
Flexible concrete vibrators are available in a wide range of sizes and capacities in the market, thereby making it usable for all size of structural elements. Increase in popularity of cordless flexible concrete vibrators extends usability of electric flexible concrete vibrators.
Rise in spendings on infrastructure projects by governments globally, which has significantly increased demand for flexible concrete vibrators. In addition, rise in the real estate sector, luxury residential complexes, and resorts has led to rise in demand for flexible concrete vibrators. However, fluctuating prices of raw materials used in manufacturing of these vibrators is a major restraint in growth of the market. Furthermore, development of remotely controllable flexible concrete vibrator provides lucrative opportunities for growth of the market.
The global flexible concrete vibrators market is segmented on the basis of type, application, fuel type and region. By type, the market is classified into hand held and stand mounted. By application, it is categorized into building construction and infrastructure. By fuel type, the market is classified into Electric, Gasoline and Diesel. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as business expansion to strengthen their market outreach and sustain the stiff competition in the market
COMPETITION ANALYSIS
Key companies profiled in the flexible concrete vibrator market report include Atlas Copco Group, Badger Meter, Inc., Enar Group, Exen Group, Foshan Yunque Vibrator Co., Ltd., Multiquip Inc., Vibco Inc., Wacker Neuson Group, Wamgroup S.p.A, and Weber Maschinentechnik GmbH.
By Product Type
By Fuel Type
By Application
By Region