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Global Concrete Pump Market to Reach $5.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Concrete Pump estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$5.3 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.
Truck Mounted Concrete Pumps, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stationary Concrete Pumps segment is readjusted to a revised 4.7% CAGR for the next 7-year period.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Concrete Pump Market Report 2020-2027 with Short-term Impact of COVID-19 on Production/Procurement for 2020 & 2021 - ResearchAndMarkets.com
February 18, 2021 GMT
Global Concrete Pump Market to Reach $5.3 Billion by 2027
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Amid the COVID-19 crisis, the global market for Concrete Pump estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$5.3 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.
Truck Mounted Concrete Pumps, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stationary Concrete Pumps segment is readjusted to a revised 4.7% CAGR for the next 7-year period.