Assessment of COVID-19's Effect on Ready Mix Concrete Batching Plant Market 2020-2024 | Increasing Technological Advances to Augment Growth | Technavio

Technavio has been monitoring the ready mix concrete batching plant market and it is poised to grow by USD 122.4 million during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Ready Mix Concrete Batching Plant Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Ready Mix Concrete Batching Plant Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ammann Group, Astec Industries Inc., ELKON, Haomei Machinery Equipment Co. Ltd., MEKA, ODISA CONCRETE EQUIPMENT, Oshkosh Corp., SCHWING GmbH, Stephens MFG. Co., and Vince Hagan Co. are some of the major market participants. The increasing technological advances will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing technological advances has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/ready-mix-concrete-batching-plant-market-size-industry-analysis

Ready Mix Concrete Batching Plant Market 2020-2024: Segmentation

Ready Mix Concrete Batching Plant Market is segmented as below:

  • Type
    • Dry Batch Concrete Plant
    • Wet Batch Concrete Plant
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40704

Ready Mix Concrete Batching Plant Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The ready mix concrete batching plant market report covers the following areas:

  • Ready Mix Concrete Batching Plant Market Size
  • Ready Mix Concrete Batching Plant Market Trends
  • Ready Mix Concrete Batching Plant Market Analysis

This study identifies the growing expansion of ready mix concrete batching plants as one of the prime reasons driving the ready mix concrete batching plant market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Ready Mix Concrete Batching Plant Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist ready mix concrete batching plant market growth during the next five years
  • Estimation of the ready mix concrete batching plant market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the ready mix concrete batching plant market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ready mix concrete batching plant market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Dry batch concrete plant - Market size and forecast 2019-2024
  • Wet batch concrete plant - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Emergence of customized ready mix concrete batching plants
  • Growing expansion of ready mix concrete batching plants
  • Increasing technological advances

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Ammann Group
  • Astec Industries Inc.
  • ELKON
  • Haomei Machinery Equipment Co. Ltd.
  • MEKA
  • ODISA CONCRETE EQUIPMENT
  • Oshkosh Corp.
  • SCHWING GmbH
  • Stephens MFG. Co.
  • Vince Hagan Co.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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