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How Is The Concrete Mixer Trucks Market Segmented?

The concrete mixer trucks market covered in this report is segmented –

1) By Product Type: Front Discharge Concrete Mixer Trucks, Rear Discharge Concrete Mixer Trucks, Other Product Types

2) By Drum Capacity: Under 6m3,  6.1 to 10 m3, 10.1 to 15 m3, 15.1 to 20 m3, Above 20 m3

3) By Propulsion: Gasoline, Other Propulsions

4) By Application: On-site Mixing, Ready-Mix Concrete Delivery

5) By End-Use Industry: Residential Construction, Commercial Construction, Infrastructure Construction

Subsegments:

1) By Front Discharge Concrete Mixer Trucks: Standard Front Discharge Mixers, Articulated Front Discharge Mixers

2) By Rear Discharge Concrete Mixer Trucks: Standard Rear Discharge Mixers, High-Capacity Rear Discharge Mixers

3) By Other Product Types: Trailer-Mounted Concrete Mixers, Mini Concrete Mixer Trucks

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What Is Driving The Concrete Mixer Trucks Market? Growing Construction Industry Driving Growth In The Concrete Mixer Trucks Market

The growing construction industry is expected to propel the growth of the concrete mixer trucks market going forward. The construction industry involves planning, designing, building, and maintaining infrastructure and buildings, including residential, commercial, and industrial structures. The construction industry is increasing due to rising urbanization, population growth, and infrastructure and real estate development demand. Concrete mixer trucks are used in the construction industry to mix, transport, and deliver freshly mixed concrete to construction sites, ensuring consistent quality and efficient concrete placement for various structural applications. For instance, in July , according to the US Census Bureau, a US-based government agency, the value of construction operations rose from $2.01 trillion in May to $2.14 trillion in May . Therefore, the growing construction industry is driving the growth of the concrete mixer trucks market.

Who Are The Major Players In The Global Concrete Mixer Trucks Market?

Major companies operating in the concrete mixer trucks market are Hyundai Motor Company, Scania AB, China National Heavy Duty Truck Group Co. Ltd., Liebherr-International AG, Dongfeng Motor Corporation, Foton Motor Group Co. Ltd., JAC Motors, Zoomlion Heavy Industry Science & Technology Co. Ltd., SANY Group Co. Ltd., Terex Corporation, LiuGong Machinery Corporation, KYB Corporation, ShinMaywa Industries Ltd., Fangyuan Group Co. Ltd., Shanxi Construction Machinery Group Co. Ltd., XCMG Group, Janeoo Machinery Co. Ltd., Hainuo Group Co. Ltd., Linyi Construction Machinery Co. Ltd., Yate Auto Group Co. Ltd., Shandong Rujin Machinery Co. Ltd.

What Are The Key Trends Of The Global Concrete Mixer Trucks Market? Volvo Trucks Leads The Way In Sustainable Concrete Transportation With Launch Of Electric Mixer Truck

Major companies operating in the concrete mixer trucks market are focused on developing innovative technologies, such as electric concrete mixers, to reduce carbon emissions and promote sustainability in the construction industry. An electric concrete mixer is a machine that uses electric power to mix concrete efficiently, providing a quieter and more environmentally friendly alternative to traditional fuel-powered mixers. For instance, in February , Volvo Trucks, a Sweden-based truck manufacturing company, launched the Volvo FMX electric concrete mixer truck. This innovative truck features a fully electric powertrain, eliminating emissions and reducing the environmental impact of traditional diesel-powered concrete mixers. It boasts a state-of-the-art battery system that provides ample range for typical construction site operations and advanced regenerative braking technology to extend battery life. The electric mixer truck has a highly efficient electric drum rotation system that optimizes mixing while minimizing energy consumption.

What Are Latest Mergers And Acquisitions In The Concrete Mixer Trucks Market? Terex Acquires ProAll To Expand Concrete Mixer Truck Offerings And Technology

In August , Terex Corporation, a US-based manufacturer of forklifts and handling equipment, acquired ProAll International Manufacturing Inc. for an undisclosed amount. With this acquisition, Terex aims to enhance its portfolio in the concrete mixer truck market by integrating ProAll's advanced volumetric mixing technology and expanding its range of products and capabilities in concrete solutions. ProAll International Manufacturing Inc. is a Canada-based manufacturer specializing in volumetric concrete mixers.

What Is The Regional Outlook For The Global Concrete Mixer Trucks Market?

Europe was the largest region in the concrete mixer trucks market in . Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the concrete mixer trucks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the concrete mixer trucks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Concrete Mixer Trucks Market?

The concrete mixer trucks market consists of sales of standard concrete mixer trucks, volumetric concrete mixer trucks, self-loading concrete mixer trucks, and transit mixers with advanced controls. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Concrete Mixer Trucks Industry?

The concrete mixer trucks market research report is one of a series of new reports from The Business Research Company that provides concrete mixer trucks market statistics, including concrete mixer trucks industry global market size, regional shares, competitors with a concrete mixer trucks market share, detailed concrete mixer trucks market segments, market trends, and opportunities, and any further data you may need to thrive in the concrete mixer trucks industry. This concrete mixer trucks research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

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