The global concrete vibrator market is currently valued at US$ 343.8 Mn. Revenue from concrete vibrators is projected to increase at 4.5% CAGR and reach US$ 533.8 Mn by 2032.Demand for internal concrete vibrators is set to rise the fastest over the coming years. Building construction is projected to create an incremental opportunity of US$ 87.5 Mn between 2022 and 2032. Increased demand for concrete vibrators from different sectors, including construction, infrastructure development, industrial demand, and others is anticipated to boost market expansion.
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Companies are constantly searching for potential acquisition targets and trying to take the lead in addressing market concerns. Concrete vibrators that have been specifically created to eliminate air bubbles by vigorously shaking the freshly poured concrete are now used in every possible construction method. Concrete must be vibrated by eliminating air spaces and compacting the aggregate particles. A concrete building with tightly packed particles will be stronger and last longer. Concrete that has not been vibrated is full of tiny air bubbles, or ‘honeycombing’, which leads to a mediocre finish and fragile construction.
External vibrators are the best choice for situations where surface quality is crucial or where reinforcement may be present inside the concrete piece and might tangle an internal vibrator. While an internal vibrator can be used to consolidate the center of the concrete mass, external vibrators must be employed to reach the center. To properly agitate the concrete inside the form, external vibrators are normally programmed to vibrate for a predetermined period. Several extremely significant variables affect the demand for concrete vibrators, including frequency, power, automation grade, and operating fuel.
Key Companies-
- Husqvarna Group
- Atlas Copco
- Wacker Neuson Group
- Badger Meter Inc
- Hyundai Power Products
- Greaves Cotton
- Wamgroup
- Multiquip Inc
- Enarco Group
- EARTHQUAKE INDUSTRIES
- Exen Corp
- Denver Concrete Vibrator
- Minnich Manufacturing, Inc
- Emil Laier GmbH & Co. KG
- Vibtec
- Foshan Yunque Vibrator Co, Ltd
- webac holding ag
- OLI SpA
- Cleveland Vibrato
- Oztec Business Machines Inc
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Key Takeaways from Market Study
- The internal concrete vibrators segment is expected to hold a major market share in terms of volume.
- Based on end use, the building construction sector is projected to hold 49.1% share of the global market in 2022.
- East Asia and South Asia & Pacific are anticipated to remain prominent markets for concrete vibrators with a market share of 40.6% in 2022.
- Based on type, internal and external concrete vibrators are projected to hold a considerable share in the market.
- Revenue generation from concrete vibrators is projected to reach US$ 533.8 Mn by the end of 2032.
“When it comes to cost and size, internal concrete vibrators are the best option,” says a Persistence Market Research analyst.
Competitive Landscape
The concrete vibrator market is moderately consolidated among leading manufacturers. Prominent players in the market are actively investing a significant share of their turnovers in continuous product development, which is an important tool to differentiate themselves from the competitors and position themselves in a high-quality niche.
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Key Questions Answered in This Report –
- What is the valuation of the concrete vibrator market?
- Which is the most popular concrete vibrator type?
- Which end user accounts for the highest demand for concrete vibrators?
- At what CAGR did demand for concrete vibrators increase over the past 4 years?
- At what rate is the market expected to grow during the forecast period?
- Who are the top 5 manufacturers of concrete vibrators?
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