North America Concrete Pumps Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

List of Tables

The North America concrete pumps market is projected to grow from US$ 629.32 million in 2023 to US$ 841.78 million by 2031, reflecting a compound annual growth rate (CAGR) of 3.7% during this period.

Executive Summary and Market Analysis

The North American market encompasses the United States, Canada, and Mexico. Key drivers of growth in the concrete pumps market include increasing infrastructure development, a rising need for renovation and repair, and rapid urbanization. The construction sector's expansion is a significant factor contributing to this growth. According to the Association of Equipment Manufacturers (AEM), the US construction market is anticipated to grow by 3% in 2024. Additionally, investments in energy, power, and oil and gas infrastructure are expected to boost demand for concrete pumps in the coming years. Government initiatives such as the Inflation Reduction Act and the Infrastructure Investment and Jobs Act are also pivotal in promoting infrastructure growth. For instance, in October 2023, the Canadian government allocated over US$ 10 million for the development of three new water and wastewater facilities, enhancing municipal services in regions like Fraser Lake, Burns Lake, and the District of Mackenzie. This investment is likely to stimulate the construction sector and, consequently, the concrete pumps market.

Market Segmentation Analysis

The North America concrete pumps market can be segmented based on type, reach, end user, and power capacity:

By Type: The market is divided into boom pumps, line pumps, and specialized pumps, with boom pumps holding the largest market share in 2023.
By Reach: Segmentation includes ranges of 30 to 44 m, 45 to 59 m, over 60 m, and less than 29 m, where the 30 to 44 m category dominated in 2023.
By End User: The market is categorized into commercial, residential, and industrial sectors, with the commercial sector leading in market share in 2023.
By Power Capacity: This includes categories of over 76 KW, 46-75 KW, and 30-45 KW, with the over 76 KW segment being the largest in 2023.

Market Outlook

The increasing population, urbanization, and rising per capita income are driving the demand for residential units globally. The United Nations reported that urbanization rose to approximately 57% in 2022, up from 52% in 2012. Furthermore, the global population reached nearly 8 billion in 2021, up from 7 billion in 2011. These trends indicate a growing need for residential construction and cement, which in turn fuels the demand for concrete pumps. According to the Global Cement and Concrete Association, global cement production reached 4 billion metric tons in 2020, underscoring the rising need for concrete and related equipment.

Country Insights

The North American concrete pumps market is primarily composed of the US, Canada, and Mexico, with the US holding the largest market share in 2023. The US market is significantly influenced by the demand for infrastructure development, renovation, and urbanization. The construction sector is a vital part of the US economy, generating approximately US$ 2.1 trillion in structures annually, as reported by the Associated General Contractors (AGC). Key areas of construction include industrial, energy and utilities, commercial, infrastructure, and residential sectors. The increasing demand for efficient concrete transfer at construction sites is expected to drive growth in the US concrete pumps market during the forecast period.

Company Profiles

Key players in the North America concrete pumps market include Alliance Concrete Pumps Inc., Concord Concrete Pumps Inc., DY Concrete Pumps Inc., Zoomlion Heavy Industry Science and Technology Co Ltd, XCMG Construction Machinery Co Ltd, Sany Heavy Industry Co Ltd, Liebherr-International AG, AJAX Engineering Limited, BETONSTAR, Sebhsa, Putzmeister America, Inc., CIFA S.p.A., KCP Concrete Pumps Ltd., Sermac Srl, and LUTON Group, among others. These companies are focusing on strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative solutions to customers.

Product Code: BMIRE00032014

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. North America Concrete Pumps Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 Raw Material/Component Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Distributors or Suppliers:
- 4.3.4 End User:
- 4.3.5 List of Vendors in the Value Chain

5. North America Concrete Pumps Market - Key Market Dynamics

5.1 North America Concrete Pumps Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Growing Demand for Residential Construction
- 5.2.2 Increasing Labor Shortage Issues
5.3 Market Restraints
- 5.3.1 High Cost of Concrete Pumps and Availability of Alternative Techniques
5.4 Market Opportunities
- 5.4.1 Growing Investments in Infrastructure Development
5.5 Future Trends
- 5.5.1 Increasing Demand for IoT-Enabled Concrete Pumps
5.6 Impact of Drivers and Restraints:

6. North America Concrete Pumps Market - Analysis

6.1 North America Concrete Pumps Market Revenue (US$ Million), 2021-2031
6.2 North America Concrete Pumps Market Forecast Analysis

7. North America Concrete Pumps Market Analysis - by Type

7.1 Boom Pumps
- 7.1.1 Overview
- 7.1.2 Boom Pumps: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Line Pumps
- 7.2.1 Overview
- 7.2.2 Line Pumps: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Specialized Pumps
- 7.3.1 Overview
- 7.3.2 Specialized Pumps: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. North America Concrete Pumps Market Analysis - by Reach

8.1 30 to 44 m
- 8.1.1 Overview
- 8.1.2 30 to 44 m: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 45 to 59 m
- 8.2.1 Overview
- 8.2.2 45 to 59 m: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Over 60 m
- 8.3.1 Overview
- 8.3.2 Over 60 m: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Less than 29 m
- 8.4.1 Overview
- 8.4.2 Less than 29 m: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. North America Concrete Pumps Market Analysis - by End-user

9.1 Commercial
- 9.1.1 Overview
- 9.1.2 Commercial: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Residential
- 9.2.1 Overview
- 9.2.2 Residential: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Industrial
- 9.3.1 Overview
- 9.3.2 Industrial: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. North America Concrete Pumps Market Analysis - by Power Capacity

10.1 Over 76 KW
- 10.1.1 Overview
- 10.1.2 Over 76 KW: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.2 46-75 KW
- 10.2.1 Overview
- 10.2.2 46-75 KW: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.3 30-45 KW
- 10.3.1 Overview
- 10.3.2 30-45 KW: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. North America Concrete Pumps Market - Country Analysis

11.1 North America
- 11.1.1 North America Concrete Pumps Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.1 North America Concrete Pumps Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 United States: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.2.1 United States: North America Concrete Pumps Market Share - by Type
    - 11.1.1.2.2 United States: North America Concrete Pumps Market Share - by Reach
    - 11.1.1.2.3 United States: North America Concrete Pumps Market Share - by End-user
    - 11.1.1.2.4 United States: North America Concrete Pumps Market Share - by Power Capacity
  - 11.1.1.3 Canada: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.3.1 Canada: North America Concrete Pumps Market Share - by Type
    - 11.1.1.3.2 Canada: North America Concrete Pumps Market Share - by Reach
    - 11.1.1.3.3 Canada: North America Concrete Pumps Market Share - by End-user
    - 11.1.1.3.4 Canada: North America Concrete Pumps Market Share - by Power Capacity
  - 11.1.1.4 Mexico: North America Concrete Pumps Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.4.1 Mexico: North America Concrete Pumps Market Share - by Type
    - 11.1.1.4.2 Mexico: North America Concrete Pumps Market Share - by Reach
    - 11.1.1.4.3 Mexico: North America Concrete Pumps Market Share - by End-user
    - 11.1.1.4.4 Mexico: North America Concrete Pumps Market Share - by Power Capacity

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development

14. Company Profiles

14.1 Alliance Concrete Pumps Inc.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Concord Concrete Pumps Inc
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 DY Concrete Pumps Inc
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Zoomlion Heavy Industry Science and Technology Co Ltd
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 XCMG Construction Machinery Co Ltd
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Sany Heavy Industry Co Ltd
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Liebherr-International AG
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 AJAX Engineering Limited
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 BETONSTAR
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Sebhsa
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
14.11 Putzmeister America, Inc.
- 14.11.1 Key Facts
- 14.11.2 Business Description
- 14.11.3 Products and Services
- 14.11.4 Financial Overview
- 14.11.5 SWOT Analysis
- 14.11.6 Key Developments
14.12 CIFA S.p.A.
- 14.12.1 Key Facts
- 14.12.2 Business Description
- 14.12.3 Products and Services
- 14.12.4 Financial Overview
- 14.12.5 SWOT Analysis
- 14.12.6 Key Developments
14.13 KCP Concrete Pumps Ltd.
- 14.13.1 Key Facts
- 14.13.2 Business Description
- 14.13.3 Products and Services
- 14.13.4 Financial Overview
- 14.13.5 SWOT Analysis
- 14.13.6 Key Developments
14.14 Sermac Srl
- 14.14.1 Key Facts
- 14.14.2 Business Description
- 14.14.3 Products and Services
- 14.14.4 Financial Overview
- 14.14.5 SWOT Analysis
- 14.14.6 Key Developments
14.15 LUTON Group
- 14.15.1 Key Facts
- 14.15.2 Business Description
- 14.15.3 Products and Services
- 14.15.4 Financial Overview
- 14.15.5 SWOT Analysis
- 14.15.6 Key Developments

15. Appendix

15.1 Word Index
15.2 About The Insight Partners