Europe Mobile Concrete Mixer Market

Market Overview

The Europe mobile concrete mixer market size is expected to reach a valuation of USD million by 2030, growing at a apporx. CAGR of 5.5% during the forecast period (2022-2030).

Mobile concrete mixers are movable trucks or trailers that are used to produce concrete by mixing cement, sand, water, gravel, and occasionally binding adhesives on the building site. Concrete mixing drums positioned on a truck chassis are self-driven, however drums mounted on trailer chassis need to be pushed by attaching it to another vehicle.

According to the volume of concrete that each mobile concrete mixer is capable of producing, these mixers are divided into three categories. These concrete mixers are transported to the construction sites by being mounted on the frames of trucks or trailers before being transported there. In order to prevent the unnecessary disposal of fresh concrete at certain locations, it must be manufactured there. This prevents an increase in building expenses that would have been caused by unused concrete. Sand, cement, water, gravel, and occasionally glues that keep them together are the ingredients that go into making concrete, and mobile concrete mixers are the tools that are used to manufacture the substance. After that, the concrete is poured out of a nozzle that is either located on the front or back of the truck or trailer, depending on how the concrete was created.

Market Dynamics

Industry Drivers

The construction business in the Europe is a market that is continuously expanding. Even before to the outbreak of the pandemic, the business sector was thriving. Thankfully, this pattern maintains itself after the removal of the limits imposed by Covid-19.

The incorporation of new technologies is one of the major contributors to the enormous expansion of the concrete business. In point of fact, volumetric concrete mixers are currently widely utilised, and they are responsible for over 80 percent of the concrete that is poured in the Europe.

The Europe mobile concrete mixer market may have their capacities increased or decreased, and it is simple to transport them from one location to another. To guarantee that the final product is of the highest possible quality and freshness, the components that go into making concrete, such as gravel, water, and cement, are stored in their own individual bins. These transportable concrete mixers are not only simple to access but also produce concrete that is ready to be used. Therefore, building sites in isolated places or on bad terrain, where it is difficult to access to a permanent concrete mixer, are good candidates for mobile concrete mixers because of the portability and convenience of these mixers. Because of these advantages, many contractors choose for mobile concrete mixers, which is contributing to the expansion of the industry globally.

Industry Restraints

Concrete mixers produce concrete in batches, which lowers the overall quantity of wasted concrete on a large scale and, as a consequence, saves a sizeable amount of money in terms of the cost of the building project. Concrete mixers also minimise the amount of labour required to produce concrete. However, the initial investment required to purchase a concrete mixer is significant, and it is necessary to do periodic maintenance on these equipment in order for them to work properly. As a consequence of this, both initial investment and ongoing maintenance expenses wind up being quite expensive, which in turn places a limit on the market's expansion potential. In addition, the oil and gas industries, together with the construction and industrial sectors, were seriously damaged when the COVID-19 outbreak was going on. All of the activities that were a part of the building project were either fully suspended or drastically reduced. The processes of production and transportation, in addition to the supply networks that are necessary for such activities, have been hampered on a global scale by the placement of impediments in their paths. This has a direct bearing on the growth of the market for mobile concrete mixers and its associated industries.

Regional Analysis

In Europe, Germany, Italy, France and UK are the countries where the mobile concrete mixer market is showing good results.

Segmental Analysis

When broken down according to capacity, the aforementioned market may be divided into two primary categories: 6–10 m3 and more than 10 m3. The 6–10m3 category now holds the majority of the market share and is projected to be worth USD 6,901 million by the year 2030 at a CAGR of 5.5%. Concrete mixers that fall within the 6–10 m3 capacity range are often considered to be of a medium size.

The number of construction sites that require Europe mobile concrete mixer market is expected to increase as a result of increased funding from the government for the construction of new infrastructure. As a result, governments have begun purchasing their own construction equipment, such as mobile concrete mixers, especially those with capacities ranging from 6 to 10 m3 and having a preference for the medium size. It is anticipated that the market value of the over 10m3 category in the aforementioned segmentation would reach USD 3,363 million by the year 2030, expanding at a compound annual growth rate of 5.7%. Large in size, these mixers are typically put to use in the construction of concrete highways and other labor-intensive building projects.

When the market for mobile concrete mixers is broken down by chassis type, it is then broken down even further into two categories: trucks and trailers. Trucks are the primary market participants, and analysts anticipate that the market value of trucks will reach $10,978 million by the year 2030, growing at a compound annual growth rate of 5.6%. The mobile concrete mixers with drums that are installed on truck chassis are the topic of discussion in this part. The concrete mixer on a truck-type mobile concrete mixer is self-driven; it has the engine situated in the back, along with a seat for the driver, and it is coupled to the chassis of the truck.

The trailer is the second classification of this market, and it is anticipated that it will develop at a compound annual growth rate of 6.4 percent until 2030, when it will be worth USD 8, 34.2 million. In this particular sector, the mobile concrete mixer that consists of a drum is installed on a trailer chassis. The drum of the concrete mixer is mounted on wheels, and the chassis of the trailer that it is being pulled by is hitched up to another vehicle.

Recent Developments

May of 2022 saw the launch of a state-of-the-art battery facility by A.B. Volvo, which marked the company's expansion into Belgium.

May 2022 - Liebherr International introduced new designs and features to its existing products as part of an effort to improve the overall user experience.