Global Concrete Placing Booms Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Manual Placing Booms, Electric Placing Booms, and Hydraulic Placing Booms.

By Length;

Less Than 30 Meter Class Concrete Placing Booms, 30 To 40 Meter Class Concrete Placing Booms, 41 to 50 Meters Class Concrete Placing Booms, and More than 50 Meters Class Concrete Placing Booms.

By End User;

Mining, Energy & Power, Tunnelling, and Construction.

By Application;

High Buildings & Large-scale Constructions, Railway & Nuclear Power Industry, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn590760565 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Concrete Placing Booms Market (USD Million), 2021 - 2031

In the year 2024, the Global Concrete Placing Booms Market was valued at USD 4,020.13 million. The size of this market is expected to increase to USD 4,746.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.4%.

The global concrete placing booms market plays a crucial role in modern construction, enabling efficient and precise placement of concrete in high-rise buildings, bridges, tunnels, and large-scale infrastructure projects. Concrete placing booms are specialized equipment designed to extend the reach of concrete pumps, allowing construction professionals to deliver concrete to hard-to-access areas with minimal manual labor. As urbanization and infrastructure development continue to accelerate worldwide, the demand for these advanced construction tools has grown significantly. Innovations in technology, enhanced automation, and the need for faster, more cost-effective construction solutions are key factors driving the market’s expansion.

One of the primary drivers of the market is the increasing number of high-rise and large-scale construction projects, particularly in emerging economies. Countries across Asia-Pacific, the Middle East, and Latin America are witnessing rapid urbanization, leading to a surge in demand for efficient concrete placement solutions. Additionally, stringent safety regulations in developed nations are pushing construction firms to adopt advanced machinery that minimizes labor-intensive processes and enhances worksite safety. The adoption of self-climbing concrete placing booms, which are particularly useful in skyscraper construction, is further fueling market growth.

Technological advancements have also played a pivotal role in shaping the market landscape. Modern concrete placing booms now incorporate automated control systems, real-time monitoring, and improved hydraulic efficiency, which enhance their precision and operational effectiveness. The integration of Internet of Things (IoT) and remote monitoring has allowed construction companies to optimize productivity and reduce downtime, contributing to increased adoption across the industry. Furthermore, the rising trend of prefabrication and modular construction is boosting demand for advanced placing boom solutions that can seamlessly integrate with automated concrete delivery systems.

Despite the positive growth trajectory, the market faces several challenges and constraints. High initial investment costs and maintenance expenses may hinder adoption, especially for small and medium-sized construction firms. Additionally, fluctuations in raw material prices, particularly steel, impact manufacturing costs and profitability for equipment producers. Environmental concerns related to concrete production and stricter regulations regarding emissions and sustainability in construction may also pose hurdles. However, the increasing emphasis on sustainable construction practices, eco-friendly concrete mixtures, and energy-efficient equipment is expected to create new growth opportunities in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Length
    3. Market Snapshot, By End User
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Concrete Placing Booms Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Infrastructure Development
        3. Quality Concrete Demand
        4. Population Growth
      2. Restraints
        1. Skilled Labor Requirement
        2. Competition from Alternatives
        3. Limited Reach
      3. Opportunities
        1. Customization & Differentiation
        2. Rental Market Growth
        3. Retrofitting Projects
        4. Urban Development Projects
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Concrete Placing Booms Market, By Product, 2021 - 2031 (USD Million)
      1. Manual Placing Booms
      2. Electric Placing Booms
      3. Hydraulic Placing Booms
    2. Global Concrete Placing Booms Market, By Length, 2021 - 2031 (USD Million)
      1. Less Than 30 Meter Class Concrete Placing Booms
      2. 30 To 40 Meter Class Concrete Placing Booms
      3. 41 to 50 Meters Class Concrete Placing Booms
      4. More than 50 Meters Class Concrete Placing Booms
    3. Global Concrete Placing Booms Market, By End User, 2021 - 2031 (USD Million)
      1. Mining
      2. Energy & Power
      3. Tunnelling
      4. Construction
    4. Global Concrete Placing Booms Market, By Application, 2021 - 2031 (USD Million)
      1. High Buildings & Large-scale Constructions
      2. Railway & Nuclear Power Industry
      3. Others
    5. Global Concrete Placing Booms Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Hangzhou Truemax Machinery & Equipment Co., Ltd.
      2. Putzmeister America, Inc.
      3. Everdigm
      4. Sany Group
      5. XCMG
      6. ALTERMEKA Mühendislik ve Tic. Ltd.
      7. Zoomlion, Camelway Machinery Equipment Co., Ltd.
      8. Liebherr
      9. Dawin Machinery
  7. Analyst Views
  8. Future Outlook of the Market