PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1799066
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1799066
Global Truck Mounted Concrete Pumps Market to Reach US$3.4 Billion by 2030
The global market for Truck Mounted Concrete Pumps estimated at US$2.9 Billion in the year 2024, is expected to reach US$3.4 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2024-2030. Boom / Truck-Mounted Pumps, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$2.0 Billion by the end of the analysis period. Growth in the Trailer Line Stationary Pumps segment is estimated at 1.8% CAGR over the analysis period.
The U.S. Market is Estimated at US$793.8 Million While China is Forecast to Grow at 4.8% CAGR
The Truck Mounted Concrete Pumps market in the U.S. is estimated at US$793.8 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$649.9 Million by the year 2030 trailing a CAGR of 4.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.9% and 1.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.
Global Truck Mounted Concrete Pump Market - Key Trends & Drivers Summarized
Why Are Truck-Mounted Pumps Essential for Modern Builds?
Truck-mounted concrete pumps extend boom or placing lines to deliver concrete rapidly and precisely onto platforms, multi-story builds, bridge decks, or tunneling sites. Their mobility and high-pressure pumping (up to 150?bar) improve site flexibility, minimize manual labor, and accelerate pour cycles-with boom lengths now extending beyond 60?m to service increasingly vertical construction demands.
What Technical Features Define Today's Pumps?
Articulated booms with seven-plus sections allow intricate reach with intelligent boom control and pressure sensing. Automated lubrication, hydraulic safety interlocks, and remote-control redundancy systems enable single-operator deployment. Dual-pump or pump-and-mixer chassis designs support continuous flow for large jobs. Tools like concrete density auto-adjust and pressure feedback help maintain flow consistency in vertical and horizontal pipelines. Emissions-compliance engines (Tier 4/Stage V) with regenerative drive functions curb diesel use.
Which Projects Are Driving Pump Utilization?
High-rise residential and office construction benefit from ultra-long booms for vertical placement. Infrastructure initiatives-bridges, tunnels, dams-utilize truck-pumps for remote-access pours. Precast yard operations use them to load complex molds and panels. Residential slab distributors leverage compact variants for driveway and patio pours. Remote building and disaster relief efforts value deployable truck-mounted units for rapid restoration.
What Is Fueling Market Expansion?
The growth in truck-mounted concrete pumps is propelled by booming high-rise and infrastructure construction in emerging markets, demand for precise and high-speed concrete deployment, and labor shortages. Regulations limiting idle time incentivize fast setup units. Builders demand telematics-enabled hydraulic controls to cut downtime. High-strength concrete mix compatibility and vertical extension needs drive technical pump improvements. Additionally, pump rental growth supports modular and specialized unit sales.
SCOPE OF STUDY:
The report analyzes the Truck Mounted Concrete Pumps market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product Type (Boom / Truck-Mounted Pumps, Trailer Line Stationary Pumps, Specialized Usage Pumps); End-Use (Industrial End-Use, Commercial End-Use, Residential End-Use)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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