Opportunities in Ride-on Power Trowel Market: Over 33,000 Units of Ride-on Power Trowels are Estimated to be Sold Globally by 2026-end

Rockville, US, 2018-May-23 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of global ride-on power trowels market. The study is titled as “Ride-On Power Trowel Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global ride-on power trowels market.

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Requirement for Smooth Concrete Surfaces in Warehouses Accentuating Demand for Technologically Advanced Ride-on power trowels

Ride-on towels have become essential in construction of floors having significant size, as they are productive and enable precisely flat finishes. Over the past few years, ride-on power trowels have gained significance as an imperative construction equipment that helps in achieving superior concrete surfaces by providing a variety of floating and finishing operations. These mechanized equipment have been witnessing a substantial demand in various countries worldwide for use in large construction projects including airports, industrial buildings and warehousing. The requirement for smooth high-tolerance concrete surfaces in the construction of massive warehouses is surging day by day, which in turn is accentuating demand for technologically advanced ride-on power trowels for application in high production finishing of large surfaces. Stricter laws have been enforced and inspections are carried out regarding surface finishes in developed as well as developing countries, thereby leading toward growth in advancements and adoption of ride-on power trowels. However, key factors such as high maintenance cost of ride-on power trowels, lack of operator comfort, high initial cost are expected to curb the market expansion during the forecast period.

Key Future Prospects of Ride-on Power trowel Market for Forecast Period 2017-2026

1- Of all the regional segments included in the report, Asia-Pacific excluding Japan (APEJ) has been projected to register a relatively faster expansion in the global ride-on power trowel market through 2026. In addition, sales of ride-on power trowels in APEJ will account for the largest market share through the forecast period. Europe and North America are also anticipated to remain remunerative regions for the market growth. Sales from ride-on power trowel sales in these two regions will collectively exceed 15,000 units by 2026-end.

2- Mechanical ride-on power trowel is anticipated to remain sought-after among contractors and other end-users in the market, with over two-third volume share of the market by 2026-end. However, demand for hydrostatic ride-on power trowel is expected to witness a rapid growth and their sales will reflect a relatively higher CAGR than that of mechanical ride-on power trowel through 2026.

3- As heavy load operations related to smoothening and flattening large concrete surfaces, on the back of robust infrastructural development in developing and developed economies, are mounting in number, high load sustaining ride-on power trowels with larger diameters are in huge demand currently. 36 inch trowelling diameter of ride-on power trowel will remain preferred in the market. However, ride on trowel with 48/49 inch trowelling diameter will witness a relatively faster expansion in the market through 2026. Ride-on power trowels with trowelling diameter of 59/60 inch are anticipated to account for the lowest market volume share during the forecast period.

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Table of Contents:

1. Global Economic Outlook
2. Global Ride-On Power Trowel Market – Executive Summary
3. Global Ride-On Power Trowel Market Overview
   3.1. Introduction
   3.1.1. Global Ride-On Power Trowel Market Taxonomy
   3.1.2. Global Ride-On Power Trowel Market Definition
   3.2. Global Ride-On Power Trowel Market Size (Units) and Forecast, 2012-2026
   3.2.1. Global Ride-On Power Trowel Market Y-o-Y Growth
   3.3. Global Ride-On Power Trowel Market Dynamics
   3.4. Supply Chain
   3.5. Cost Structure
   3.6. Pricing Analysis
   3.7. Raw Material Sourcing Strategy and Analysis
   3.8. Service Provider List
   3.9. Key Participants Market Presence (Intensity Map) By Region
4. Global Ride-On Power Trowel Market Analysis and Forecast 2012-2026 
   4.1. Global Ride-On Power Trowel Market Size and Forecast By Product Type, 2012-2026
   4.1.1. Hydrostatic Ride-on Trowel Market Size and Forecast, 2012-2026
   4.1.1.1. Volume (Units) Comparison, By Region
   4.1.1.2. Market Share Comparison, By Region
   4.1.1.3. Y-o-Y growth Comparison, By Region

Continued……..

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