Concrete Placing Booms Market Growth, Outlook and Deep Study of Top Key Players Analysis By FMI

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The global concrete placing booms market is poised for steady expansion through 2035, propelled by rapid urbanization, infrastructure megaprojects, and the shift toward efficient construction technologies. According to Future Market Insights (FMI), the market stands at USD 4.4 billion in 2025 and is expected to climb to USD 5.7 billion by 2035, achieving a compound annual growth rate (CAGR) of 2.6%.

The FMI report, “Concrete Placing Booms Market Size, Share, and Forecast 2025–2035,” projects a total revenue uplift of USD 1.3 billion over the decade, spurred by heightened demand for high-reach, time-saving equipment in mining, energy, and large-scale building initiatives.

A Decade of Steady Gains Rooted in Efficiency and Urban Demand:

The move toward compact, versatile placing booms is redefining on-site concrete delivery, replacing traditional cranes with buckets in high-rise and mega-projects. From 2025 to 2030, the market is anticipated to add USD 0.6 billion, driven by post-pandemic recovery in construction and mining sectors.

From 2030 to 2035, FMI anticipates an additional USD 0.7 billion in growth, as smart integration of automated pumping and remote controls enhances safety and precision in tunneling and power infrastructure.

“Concrete placing booms are evolving from basic hardware to precision tools that slash downtime on sprawling sites,” noted an FMI research analyst. “With urbanization accelerating globally, their role in sustainable, high-volume pours will only deepen.”

Concrete Placing Booms Key Market Insights at a Glance:

 Metric-Global Estimate     

 Market Value (2025) -USD 4.4 billion    

 Forecast Value (2035)-USD 5.7 billion    

 CAGR-2.6%               

 Top Product Type-30 Meter Class (45.9% share)

 Dominant Application -Mining (34.6% share)

 Fastest-Growing Region-Asia Pacific (largest share)

India: A Global Powerhouse for Concrete Placing Booms:

FMI’s in-depth analysis, “India Construction Equipment Market Outlook 2025–2035,” spotlights India’s ascent as a construction juggernaut. The segment is valued at USD 180 million in 2025 and forecasted to hit USD 280 million by 2035, with a robust CAGR of 4.5%.

This surge aligns with India’s USD 4.4 billion sustainable development push by 2025 and its trajectory to become the world’s third-largest construction market. Mining and residential high-rises are key, where shorter-reach booms dominate 50% of deployments for their maneuverability in dense urban zones.

Digital procurement via platforms like IndiaMART and government e-tenders is accelerating access, cutting lead times by up to 30%.

Concrete Placing Booms Five Forces Driving Market Momentum:

Urbanization Surge: Global city populations to rise 2.5 billion by 2050, boosting residential and commercial pours.

Infrastructure Investments: Governments worldwide earmarking USD 94 trillion for projects through 2040, prioritizing efficient equipment.

Mining Expansion: Rising demand for deep-site delivery in energy and resource extraction.

Technological Upgrades: Automated arms and IoT sensors for real-time flow monitoring and reduced waste.

Sustainability Focus: Low-emission hydraulic systems aligning with green building standards.

Concrete Placing Booms Market Segment Overview:

By Product Type: The <30 meter class leads with 45.9% of 2025 revenues, ideal for mid-rise and mining applications, followed by 30-40 meter and longer-reach variants for skyscrapers.

By Application: Mining captures 34.6% share, outpacing construction (urban high-rises), energy/power (dams, plants), and tunneling (metro expansions).

By End User: Commercial and industrial segments grow fastest, tied to private investments in logistics hubs.

By Distribution: Direct OEM sales hold sway, but online B2B portals are surging at 3.8% CAGR for faster global sourcing.

Concrete Placing Booms Market Regional Overview:

Asia Pacific: Commands the largest share, with India and China driving 55% of growth via Belt and Road initiatives and smart cities.

North America: USD 0.9 billion in 2025 to USD 1.2 billion by 2035 (CAGR 2.8%), led by U.S. shale mining and rail upgrades.

Europe: Steady at 2.4% CAGR, from USD 1.1 billion to USD 1.4 billion, with Germany and UK focusing on eco-friendly retrofits.

Middle East & Africa: GCC nations like Saudi Arabia fuel 3.2% regional CAGR through Vision 2030 megaprojects.

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Concrete Placing Booms Market Competitive Landscape:

Hangzhou Truemax Machinery & Equipment Co., Ltd.

Putzmeister America, Inc.

Everdigm

Sany Group

XCMG

ALTERMEKA Mühendislik ve Tic. Ltd.

Zoomlion

Camelway Machinery Equipment Co., Ltd.

Liebherr

Dawin Machinery

Leading players like Sany Group, XCMG, and Putzmeister hold over 35% combined share, emphasizing R&D in modular designs and partnerships for emerging markets.

Concrete Placing Booms Market Outlook: Building Tomorrow’s Foundations:

As the decade unfolds, concrete placing booms will integrate AI-driven diagnostics and hybrid powertrains, minimizing environmental impact while maximizing throughput. Analysts foresee a pivot to modular, relocatable units for agile mega-sites.

“These booms aren’t just extenders—they’re enablers of resilient infrastructure in a climate-conscious era,” the FMI analyst concluded. “Firms prioritizing adaptability and data analytics will anchor the market’s next evolution.”

Explore More Related Studies Published by FMI Research:

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About Future Market Insights (FMI)

 Future Market Insights, Inc. (FMI) is an ESOMAR-certified, ISO 9001:2015 market research and consulting organization, trusted by Fortune 500 clients and global enterprises. With operations in the U.S., UK, India, and Dubai, FMI provides data-backed insights and strategic intelligence across 30+ industries and 1200 markets worldwide.

Why FMI: Decisions that Change Outcomes- https://www.futuremarketinsights.com/why-fmi

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