Self-Loading Concrete Mixer Market

Self-Loading Concrete Mixer Market Outlook (2022-2032)

The global self-loading concrete mixer market is set to enjoy a valuation of US$ 8.96 billion in 2022 and further expand at a CAGR of 7.5% to reach US$ 18.48 billion by the end of 2032.

The top 5 companies in the world that are manufacturing self-loading concrete mixers account for more than one-fourth market share. Revenue from self-loading concrete mixer sales accounts for 6%-7% share of the global construction equipment market.

Report Attributes	Details
Self-Loading Concrete Mixer Market Size (2021A)	US$ 8.37 Billion
Estimated Market Value (2022E)	US$ 8.96 Billion
Forecasted Market Value (2032F)	US$ 18.48 Billion
Global Market Growth Rate (2022-2032)	7.5% CAGR
North America Market Share (2021)	~29.1%
East Asia Market Growth Rate (2022-2032)	~8.3% CAGR
China Market Growth Rate (2022-2032)	~8.8% CAGR
Market Share of Top 5 Companies	~28.7%
Key Companies Profiled	Addforce Aimix Group AJAX Engineering Carmix China Hongfu Machinery Daswell Fiori Group Fonex Haomei Machinery Imma Global Jufeng Machinery Luton Group LuZun Machinery Macons Equipments Piquersa Maquinaria Schwing Stetter Group Shandong LaiGong Machinery XCMG

Demand Analysis of Self-Loading Concrete Mixers (2017-2021) Vs. Market Outlook (2022-2032)

A growing number of technologies have emerged to combine raw materials such as stones, cement, sand, additives, and water to create concrete materials that meet a variety of application standards. This is due to the widespread usage of different concrete materials in the modern building industry.

Equipment that guarantees operator safety, ergonomic features, and operational efficiency is becoming vital for construction companies. Due to this, highly advanced self-loading concrete mixer trucks have been developed that are simple to operate, have low maintenance, and come with high payloads. Better fuel efficiency and more effective operations are the results of the development of self-loading concrete mixers.

The difficulty of transferring prepared concrete to several areas throughout the construction site while maintaining the mixture's consistency has been alleviated by self-adhesive components. As a result, the overall cost of building has decreased.

Owing to the rising smart construction sector, including the commercial and residential sectors, there is a rising need for self-loading concrete mixers across the globe.

During the historical years 2017-2021, the global self-loading concrete mixer market registered a CAGR of 2%, and according to Fact.MR, a market research and competitive intelligence provider, the market is projected to witness high growth at 7.5% CAGR between 2022 and 2032.

Market share analysis of self-loading concrete mixers based on water tank capacity and region is provided in the above image. Under the water tank capacity segment, the above 800 ltrs sub-segment dominates the market with 39.3% market share in 2022.

What’s Driving Sales of Self-Loading Concrete Mixers?

“Increasing Small- and Medium-Scale Engineering Projects Fueling Market Expansion”

A self-loading concrete mixer, also known as a self-loading concrete mixing machine, is a type of concrete mixing equipment that combines self-loading, self-metering, short-distance transportation, self-mixing, self-unloading, and other functions on a vehicle chassis.

Self-loading mixing trucks are especially suitable for small- to medium-scale construction projects and difficult terrains where common concrete mixing machinery cannot be used. Unlike concrete mixing machinery, self-loading mixers come with the advantages of a compact structure, high efficiency, simplicity, flexibility, convenient operation, time-saving, improved manufacturing performance, labor-saving features, and many more.

“Emergence of Self-Loading Concrete Mixers with Smart Controller Systems”

Smart machines can transport, weigh, deliver, and mix concrete at a site while also self-loading aggregates. The quality of concrete is greatly influenced by the drum because mixing takes place inside of it. Faster concrete discharge is made possible by double helix spiral design blades, which have the ideal breadth for ensuring homogeneous concrete mixing.

Additionally, optimised blade widths lessen blade friction with the material, lowering overall maintenance costs. The drum lift feature guarantees that concrete is discharged more quickly and cuts down on cycle time, enhancing productivity and machine life.

Smart self-loading concrete mixers come attached with better ROI and increased output quality, along with electronic control systems for better uniformity of concrete and saving fuel, bi-directional tyres with puncture-proof solution, an auto-cleansing system with advanced technology, and a fleet monitoring and tracking system through telematics.

ICT-enabled concrete batch controllers fitted in these mixers ensure that the desired quantity of material is fed into the drum by the controller. All of these technological advancements in self-loading concrete mixers are expected to fuel market growth over the coming years.

Country-wise Insights

How is Demand for Self-Loading Concrete Mixers Shaping Up in the U.S.?

The self-loading concrete mixer market in USA, currently estimated at US$ 2.3 billion, is expected to reach US$ 4.47 billion by 2032.

The United States is one of the mature markets with significant potential for modernization in self-loading concrete mixers. The U.S. has a significant construction industry share of around 10% in the world.

Developments and advancements in the U.S. construction equipment industry present significant opportunities for product manufacturers. In the United States, the commercial and residential construction industry is growing at a fast pace owing to the integration of technologies. As such, over the assessment period, the United States self-loading concrete mixer market is expected to grow 1.9X.

What is the Market Scenario of Self-Loading Concrete Mixers in China?

The Asia Pacific (APAC) self-loading concrete mixer market is a mix of developed and developing construction industries. Changing customer needs and technological disruption offer an opportunity for new self-loading concrete mixers and service providers driven by demographic change and urbanization.

Moreover, a maturing and growing self-loading concrete mixer maintenance base in China is one of the growth opportunities that is driving the growth of the self-loading concrete mixer market. China is estimated to capture nearly 72.8% of the East Asia self-loading concrete mixer market share in 2022.

The commercial construction sector holds a commanding position in the overall Chinese construction industry. The use of self-loading concrete mixers is also high in comparison to other prominent countries in the region. Demand is primarily driven by the established construction industry, and the market in China is expected to grow 2.3X during 2022-2032.

Category-wise Insights

Why are Medium- to High Capacity Self-Loading Concrete Mixers Widely Used?

Utilization of the medium- and high-capacity self-loading concrete mixers has increased steadily in the recent past. 7-10 m3 concrete output mixers accounted for a market valuation of US$ 2.85 billion in 2021. 7-10 m3 concrete output self-loading concrete mixers have been identified as a prominent segment and are being offered by several market players across the world since they have wide range of utilization in the construction industry and have increased the capacity to mix loads at the required output.

Owing to the increasing global demand for 7-10 m3 self-loading concrete mixers, the sub-segment is predicted to create an absolute dollar opportunity of nearly US$ 4 billion by 2032.

Why are Rental Services Gaining Immense Popularity in this Space?

The private self-loading concrete mixer fleet’s growth has significantly impacted the overall market during the historical period. According to this Fact.MR study, the private fleet segment is expected to expand at a CAGR of 6.4% through 2032.

However, owing to the COVID-19 pandemic, customers shifted towards rental equipment service providers. Also, due to the high cost of self-loading concrete mixers, rental services are set to gain 310 BPS by the end of the assessment period.

Competitive Landscape

Prominent self-loading concrete mixer market players are Addforce, Aimix Group, AJAX Engineering, Carmix, China Hongfu Machinery, Daswell, Fiori Group, Fonex, Haomei Machinery, Imma Global, Jufeng Machinery, Luton Group, LuZun Machinery, Macons Equipments, Piquersa Maquinaria, Schwing Stetter Group, Shandong LaiGong Machinery, and XCMG.

To cater the dynamic demand of end-use customers, manufacturers are offering a variety of self-loading mixer trucks with varied configurations and attributes. In general, different manufacturers of self-loading mixer products have varying setups, in addition to being divided according to output capacity.

The most important factor affecting self-loading concrete mixer truck pricing is their capacity. Like other types of concrete mixing equipment, self-loading trucks with high output capacities are more expensive than those with lower capacities.

Moreover, the cost of a self-loading concrete mixer also varies based on the model and manufacturer. Some manufacturers include the value of aftersales services in the price of the mixer.

Market players are forming constructive collaborations with real estate and construction companies. They are also focusing on diversifying their product offerings by integrating diverse technologies, such as the integration of smart devices in mixers. Additionally, market players are focusing on investing their resources and capital in R&D to increase their geographical footprint.

For instance :

• In Feb 2022, Schwing Stetter Group announced a strategic cooperation with Gulf Oil to meet the growing demand from the infrastructure and building sectors.
• In Jan. 2020, Fiori invested in a DB460 concrete batch vehicle. This is a self-loading, four-wheel-drive cement mixer machine with a drum that can be oriented in any direction, along a 240-degree arc.

Fact.MR has provided detailed information about the price points of key manufacturers of self-loading concrete mixers positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Self-Loading Concrete Mixer Industry Survey

• Self-Loading Concrete Mixer Market by Concrete Output :

  • Up to 2.0 m3
  • 2.1-6.0 m3
  • 6.1-10.0 m3
  • Above 10 m3

• Self-Loading Concrete Mixer Market by Drum Rotation :

  • 0-10 Rpm
  • 10-20 Rpm

• Self-Loading Concrete Mixer Market by Water Tank Capacity :

  • Up to 300 Ltrs
  • 301-600 Ltrs
  • 601-800 Ltrs
  • Above 800 Ltrs

• Self-Loading Concrete Mixer Market by Engine Power :

  • Up to 50 HP
  • 50 - 80 HP
  • 80 - 120 HP
  • Above 120 HP

• Self-Loading Concrete Mixer Market by Bucket Capacity :

  • Up to 250 Ltrs
  • 250-500 Ltrs
  • 500-750 Ltrs
  • Above 750 Ltrs

• Self-Loading Concrete Mixer Market by Ownership :

  • Private Fleets
  • Rental Fleets

• Self-Loading Concrete Mixer Market by Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa