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North America Shotcrete Equipment Market by Technique (Wet Mix and Dry Mix), System (Manual Spraying and Robotic Spraying), Application (Underground Construction, Inground Swimming Pool, Water Retaining Structure, Protective Coatings, and Repair Works), and Equipment (General Equipment, Auxiliary Equipment, and Special Equipment): North America Opportunity Analysis and Industry Forecast 2020–2027

A06629
Pages: 140
Jul 2020 | 719 Views
 
Author(s) : Snehal Mohite , Eswara Prasad
Tables: 47
Charts: 43
 

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North America Shotcrete Equipment Market Outlook -2027

The North America shotcrete equipment market size was valued at $612.4 million in 2019, and is anticipated to generate $785.1 million by 2027. The market is projected to experience growth at a CAGR of 4.9% from 2020 to 2027.

Shotcrete is a method of applying concrete by spraying a stream of mixed concrete, sand and aggregates onto a substrate, conveyed pneumatically through a hose and water being added at the nozzle. The layer to be applied depends on the type of work to be done. This method is mainly used in mining, tunneling, underground construction, repair, and restoration works. Architectural structures can also be built because of its workability and negligible formwork advantages.

North-America-Shorcrete-Equipment-Market-2020-2027

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R&D activities are being conducted to further increase the scope and level of implementation along with improving its properties. Considering the advantages shotcrete offers, it can be used as a substitute to conventional concrete. Increase in the demand for sustainable buildings is expected to fuel the utilization of shotcrete for construction purposes. Domes, uncommon and unique architecture, and complex shaped construction can be easily constructed using shotcrete. The skilled personnel who are certified by various organizations are considered as experts in caring out complex frameworks.

The wet mix shotcrete process is the most widely used shotcrete spraying process till date. The advantages such as high flexibility and increased cohesion to the substrate offered by wet mix shotcrete makes it a more useful process for construction of swimming pools and water holding structures. Therefore, it is expected that wet mix shotcrete will be the first choice for the new entrants, because of its widespread use and benefits. The other ideal sector for investment is dry mix shotcrete, as it is used for repair and restoration of damaged structures along with vertical and overhead works. Dry mix shotcrete process is the best choice for projects, which have continuous or more halts.

The North America shotcrete equipment market is segmented on the basis of various parameters such as technique, system, application, and equipment. Depending on technique, the market is bifurcated into wet mix and dry mix. Based on system of spraying, it is classified into manual spraying and robotic spraying system. Further, the application segment is classified into underground construction, inground swimming pool, water retaining structure, protective coatings, and repair works. The equipment segment is divided into general equipment, auxiliary equipment, and special equipment.

Top players in the market are investing huge capital in R&D activities to develop enhanced products to cater to current demands. Some of the major players in the North America shotcrete equipment market are Mesa Industries, Inc (Airplaco and Gunite Supply), Cemen Tech Inc., SANY GROUP, CCS Group, LLC, RFI Construction Products, Cancrete Equipment Ltd., Reed Shotcrete Equipment, Blastcrete Equipment, LLC., Western Shotcrete Equipment, and Structural Shotcrete Systems, Inc.

North America Shotcrete Equipment Market
By Technique

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Wet Mix is projected as the most lucrative segment.

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North America Shotcrete Equipment Market, By Technique

Based on technique, wet mix holds highest shotcrete equipment market share in 2019. It is the most popular process used in mechanical tunneling and mining.

North America Shotcrete Equipment Market
By System

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Robotic Sparying is projected as the most lucrative segment.

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North America Shotcrete Equipment Market, By System

By system, the robotic spraying segment is expected to lead the global market for shotcrete equipment during the forecast period. This is the most efficient method for projects that require large amounts of shotcrete.

North America Shotcrete Equipment Market
By Application

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Underground construction is projected as the most lucrative segment.

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North America Shotcrete Equipment Market, By Application

By application, the underground construction segment has garnered the highest market share and this trend is projected to continue during the forecast period due to increase in infrastructural developments, rapid advancements in technology and raw materials, and growing need for transportation & underground excavations.

North America Shotcrete Equipment Market
By Equipment

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General Equipment is projected as the most lucrative segment.

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North America Shotcrete Equipment Market, By Equipment

By equipment, the general equipment segment holds the largest North America shotcrete equipment market share. General shotcrete equipment is used in a range of applications, such as canal lining & re-lining, concrete dome construction, artificial rock construction, and concrete wall construction.

North America Shotcrete Equipment Market
By Country

2027
U.s. 
Canada
Mexico

U.S. holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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North America Shotcrete Equipment Market, By Country

By country, U.S. holds a dominant position in 2019 and would continue to maintain the lead during the forecast period.

Key Benefits For Stakeholders

  • The report provides an in-depth analysis of the North America shotcrete equipment market trends along with the current and future market forecast.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the North America shotcrete equipment industry for strategy building.
  • A comprehensive North America shotcrete equipment market analysis covers factors that drive and restrain the market growth.
  • The qualitative data in this report aims on market dynamics, trends, and developments.

Impact Of Covid-19 On The North America Shotcrete Equipment Market

  • Already the entire world is battling the virulent COVID-19 pandemic. Today we are witnessing the disease's boundless global spread. Unfortunately, it affects any one of us, either directly or indirectly.
  • The outbreak of Coronavirus took place in November 2019 and soon spread worldwide. It easily turned into a pandemic and has impacted the whole world, affecting human lives economically as well as on personal levels. 
  • The demand supply change was disrupted and soon the economies fell down crashing the stock markets. The building and construction segment also took a hit in the process and came to a complete stop.
  • The above factors have impacted the growth of the North America shotcrete equipment market.

Key Market Segments

By Technique 

  • Dry Mix
  • Wet Mix

By System

  • Manual Spraying
  • Robotic Spraying

By Application

  • Underground Construction
  • Inground Swimming Pool
  • Water Retaining Structure
  • Protective Coatings
  • Repair Works

By Equipment

  • General Equipment
  • Auxiliary Equipment
  • Special Equipment

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments

1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Porter's five forces analysis

3.3.Patent analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rapid development of shotcrete technology and raw materials
3.4.1.2.Economic and technical efficiency of shotcrete
3.4.1.3.Sustainability of shotcrete process

3.4.2.Restraint

3.4.2.1.Transportation of concrete mix

3.4.3.Opportunity

3.4.3.1.Increase in demand for low-cost housing

3.5.Value chain analysis
3.6.Impact of key regulations
3.7.Impact of COVID-19 on the North America shotcrete market

CHAPTER 4:NORTH AMERICA SHOTCRETE MARKET, BY TECHNIQUE

4.1.Overview

4.1.1.Market size and forecast

4.2.Dry mix

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market share analysis, by country

4.3.Wet mix

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market share analysis, by country

CHAPTER 5:NORTH AMERICA SHOTCRETE MARKET, BY SYSTEM

5.1.Overview

5.1.1.Market size and forecast

5.2.Manual spraying

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market share analysis, by country

5.3.Robotic spraying

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market share analysis, by country

CHAPTER 6:NORTH AMERICA SHOTCRETE MARKET, BY APPLICATION

6.1.Overview

6.1.1.Market size and forecast

6.2.Underground construction

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market share analysis, by country

6.3.Inground swimming pool

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market share analysis, by country

6.4.Water retaining structure

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market share analysis, by country

6.5.Protective coatings

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market share analysis, by country

6.6.Repair works

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market share analysis, by country

CHAPTER 7:NORTH AMERICA SHOTCRETE MARKET, BY EQUIPMENT

7.1.Overview

7.1.1.Market size and forecast

7.2.General equipment

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market share analysis, by country

7.3.Auxiliary equipment

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market share analysis, by country

7.4.Special equipment

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market share analysis, by country

CHAPTER 8:NORTH AMERICA SHOTCRETE MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by technique
8.2.3.Market size and forecast, by system
8.2.4.Market size and forecast, by application
8.2.5.Market size and forecast, by equipment
8.2.6.Market size and forecast, by country
8.2.7.U.S.

8.2.7.1.Market size and forecast, by technique
8.2.7.2.Market size and forecast, by system
8.2.7.3.Market size and forecast, by application
8.2.7.4.Market size and forecast, by equipment

8.2.8.Canada

8.2.8.1.Market size and forecast, by technique
8.2.8.2.Market size and forecast, by system
8.2.8.3.Market size and forecast, by application
8.2.8.4.Market size and forecast, by equipment

8.2.9.Mexico

8.2.9.1.Market size and forecast, by technique
8.2.9.2.Market size and forecast, by system
8.2.9.3.Market size and forecast, by application
8.2.9.4.Market size and forecast, by equipment

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Introduction

9.1.1.Market player positioning, 2018

9.2.Top winning strategies

9.2.1.Top winning strategies, by year
9.2.2.Top winning strategies, by development
9.2.3.Top winning strategies, by company

9.3.Product mapping of top 10 player
9.4.Competitive dashboard
9.5.Competitive heatmap
9.6.Key developments

9.6.1.New product launches
9.6.2.Partnership

CHAPTER 10:COMPANY PROFILES

10.1.BLASTCRETE EQUIPMENT, LLC.

10.1.1.Company overview
10.1.2.Company snapshot
10.1.3.Product portfolio
10.1.4.Key strategic moves and developments

10.2.CANCRETE EQUIPMENT LTD.

10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Product portfolio

10.3.CCS GROUP, LLC

10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Product portfolio

10.4.CEMEN TECH INC.

10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Product portfolio

10.5.MESA INDUSTRIES, LCC.

10.5.1.Company overview
10.5.2.Company snapshot
10.5.3.Product portfolio
10.5.4.Key strategic moves and developments

10.6.REED SHOTCRETE EQUIPMENT

10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Product portfolio

10.7.RFI CONSTRUCTION PRODUCTS

10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Product portfolio

10.8.SANY

10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Operating business segments
10.8.4.Product portfolio
10.8.5.Business performance

10.9.STRUCTURAL SHOTCRETE SYSTEMS, INC.

10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Product portfolio

10.10.WESTERN SHOTCRETE EQUIPMENT

10.10.1.Company overview
10.10.2.Company snapshot
10.10.3.Product portfolio

LIST OF TABLES

TABLE 01.NORTH AMERICA SHOTCRETE MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 02.NORTH AMERICA SHOTCRETE MARKET, BY SYSTEM, 2019–2027 ($MILLION)
TABLE 03.NORTH AMERICA SHOTCRETE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 04.NORTH AMERICA SHOTCRETE MARKET, BY EQUIPMENT, 2019–2027 ($MILLION)
TABLE 05.NORTH AMERICA SHOTCRETE MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 06.NORTH AMERICA SHOTCRETE MARKET, BY SYSTEM, 2019–2027 ($MILLION)
TABLE 07.NORTH AMERICA SHOTCRETE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 08.NORTH AMERICA SHOTCRETE MARKET, BY EQUIPMENT, 2019–2027 ($MILLION)
TABLE 09.NORTH AMERICA NORTH AMERICA SHOTCRETE MARKET, BY COUNTRY 2019–2027 ($MILLION)
TABLE 10.U.S. NORTH AMERICA SHOTCRETE MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 11.U.S. NORTH AMERICA SHOTCRETE MARKET, BY SYSTEM, 2019–2027 ($MILLION)
TABLE 12.U.S. NORTH AMERICA SHOTCRETE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 13.U.S. NORTH AMERICA SHOTCRETE MARKET, BY EQUIPMENT, 2019–2027 ($MILLION)
TABLE 14.CANADA NORTH AMERICA SHOTCRETE MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 15.CANADA NORTH AMERICA SHOTCRETE MARKET, BY SYSTEM, 2019–2027 ($MILLION)
TABLE 16.CANADA NORTH AMERICA SHOTCRETE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 17.CANADA NORTH AMERICA SHOTCRETE MARKET, BY EQUIPMENT, 2019–2027 ($MILLION)
TABLE 18.MEXICO NORTH AMERICA SHOTCRETE MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 19.MEXICO NORTH AMERICA SHOTCRETE MARKET, BY SYSTEM, 2019–2027 ($MILLION)
TABLE 20.MEXICO NORTH AMERICA SHOTCRETE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 21.MEXICO NORTH AMERICA SHOTCRETE MARKET, BY EQUIPMENT, 2019–2027 ($MILLION)
TABLE 22.KEY NEW PRODUCT LAUNCHES (2016-2018)
TABLE 23.KEY PARTNERSHIP (2016-2018)
TABLE 24.BLASTCRETE: COMPANY SNAPSHOT
TABLE 25.BLASTCRETE: PRODUCT PORTFOLIO
TABLE 26.BLASTCRETE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 27.CANCRETE: COMPANY SNAPSHOT
TABLE 28.CANCRETE: PRODUCT PORTFOLIO
TABLE 29.CCS: COMPANY SNAPSHOT
TABLE 30.CCS: PRODUCT PORTFOLIO
TABLE 31.CEMEN TECH: COMPANY SNAPSHOT
TABLE 32.CEMEN TECH: PRODUCT PORTFOLIO
TABLE 33.MESA INDUSTRIES: COMPANY SNAPSHOT
TABLE 34.MESA INDUSTRIES: PRODUCT PORTFOLIO
TABLE 35.MESA INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 36.REED: COMPANY SNAPSHOT
TABLE 37.REED: PRODUCT PORTFOLIO
TABLE 38.RFI CONSTRUCTION: COMPANY SNAPSHOT
TABLE 39.RFI CONSTRUCTION: PRODUCT PORTFOLIO
TABLE 40.SANY: COMPANY SNAPSHOT
TABLE 41.SANY: OPERATING SEGMENTS
TABLE 42.SANY: PRODUCT PORTFOLIO
TABLE 43.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 44.STRUCTURAL SHOTCRETE SYSTEMS: COMPANY SNAPSHOT
TABLE 45.STRUCTURAL SHOTCRETE SYSTEMS: PRODUCT PORTFOLIO
TABLE 46.WESTERN SHOTCRETE EQUIPMENT: COMPANY SNAPSHOT
TABLE 47.WESTERN SHOTCRETE EQUIPMENT: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.LOW BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.LOW THREAT OF SUBSTITUTES
FIGURE 08.HIGH INTENSITY OF RIVALRY
FIGURE 09.HIGH BARGAINING POWER OF BUYERS
FIGURE 10.PATENT ANALYSIS FOR WET MIX
FIGURE 11.PATENT ANALYSIS FOR DRY MIX
FIGURE 13.SHOTCRETE MARKET DYNAMICS
FIGURE 14.SHOTCRETE MARKET DYNAMICS
FIGURE 15.NORTH AMERICA SHOTCRETE MARKET REVENUE, BY TECHNIQUE, 2019–2027($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR DRY MIX, BY COUNTRY, 2019& 2027($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR WET MIX, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 18.NORTH AMERICA SHOTCRETE MARKET REVENUE, BY SYSTEM 2019–2027, ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR MANUAL SPRAYING, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR ROBOTIC SPRAYING, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 21.NORTH AMERICA SHOTCRETE MARKET REVENUE, BY APPLICATION 2019–2027, ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR UNDERGROUND CONSTRUCTION, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR INGROUND SWIMMING POOL, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 24.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR WATER RETAINING STRUCTURE, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 25.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR PROTECTIVE COATINGS, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 26.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR REPAIR WORKS, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 27.NORTH AMERICA SHOTCRETE MARKET REVENUE, BY EQUIPMENT 2019–2027, ($MILLION)
FIGURE 28.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR GENERAL EQUIPMENT, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 29.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR AUXILIARY EQUIPMENT, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 30.COMPARATIVE ANALYSIS OF NORTH AMERICA SHOTCRETE MARKET FOR SPECIAL EQUIPMENT, BY COUNTRY, 2019& 2027 ($MILLION)
FIGURE 31.U.S. REVENUE FOR NORTH AMERICA SHOTCRETE MARKET 2019–2027, ($MILLION)
FIGURE 32.CANADA REVENUE FOR NORTH AMERICA SHOTCRETE MARKET, 2019–2027, ($MILLION)
FIGURE 33.MEXICO REVENUE FOR NORTH AMERICA SHOTCRETE MARKET, 2019–2027, ($MILLION)
FIGURE 34.MARKET PLAYER POSITIONING, 2018
FIGURE 35.TOP WINNING STRATEGIES, BY YEAR, 2016–2018
FIGURE 36.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2018 (%)
FIGURE 37.TOP WINNING STRATEGIES, BY COMPANY, 2016–2018
FIGURE 38.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 39.COMPETITIVE DASHBOARD
FIGURE 40.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 41.SANY: REVENUE, 2016–2018 ($MILLION)
FIGURE 42.SANY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 43.SANY: REVENUE SHARE BY REGION, 2018 (%)

 
 

The North America shotcrete equipment market is anticipated to grow at a considerable rate during the forecast period, owing to rise in demand from end users, especially from the Canada and Mexico. The continuous technological advancements also positively impact the North America shotcrete equipment market. However, the overall slowdown in the construction industry in the U.S. is expected to hinder the market growth. Moreover, the impact of COVID-19 on the region has been large and thus the market is affected by it. For next few years, the impact is anticipated to seen on the shotcrete market; however, it will soon be restored once the building and construction sector resumes working.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The North America shotcrete equipment market was valued at 612.4 Million in 2019

A. Mesa Industries, Inc, Cemen Tech Inc., SANY GROUP, CCS Group, LLC, RFI Construction Products, Cancrete Equipment Ltd., Reed Shotcrete Equipment, and Blastcrete Equipment are the top players in North America shotcrete equipment market.

A. Underground construction, inground swimming pool are the major areas of development for North America shotcrete equipment market.

A. Construction industry is projected to increase the demand for North America shotcrete equipment market.

A. R&D activities are being conducted to further increase the scope and level of implementation along with improving its properties are propelling the growth of the North America shotcrete equipment market.

A. Based on technique wet mix segment is the most influencing segment in the North America shotcrete equipment market

A. Construction segment is expected to lead the North America shotcrete equipment market during the forecast period

A. Inground swimming pool, water retaining structure, protective coatings, and repair works applications are expected to drive the adoption of shotcrete

 

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