The global brick making machines market was valued at $2,053.9 million in 2021, and is projected to reach $3,263.0 million by 2031, registering a CAGR of 4.6% from 2022 to 2031.
A brick producing machine uses hydraulic pressure and electrical vibration to make bricks. These machines are made in a variety of models with varying degrees of automation and capabilities. The government spending on infrastructure improvements, such as repairing roads and bridges, is anticipated to rise in the future. The market is primarily driven by surge in the building and infrastructure development demand. Different kinds of bricks are needed in sectors such as tunnel, road, and dam construction. With an expected two billion more people living in cities by 2040, a significant increase in the demand for infrastructure such highways, subways, tunnels, common areas, and commercial facilities is anticipated. Hence, the market growth of brick producing machines is driven by government spending on infrastructure development.
Brick-making machinery is an expensive and bulky equipment. Customers who cannot afford such an expensive machine instead choose to make bricks the old-fashioned way. Hence, not all consumers have the financial means to purchase such pricey machinery. In addition, many consumers find it difficult to obtain equipment financing at higher interest rates. Moreover, separate machinery is needed to produce different types of brick. Owing to budgetary constraints, consumers cannot own all manufacturing equipment. These limitations limit the expansion of the market for brick manufacturing machines.
On the other hand, construction activities have grown as a result of rapid urbanization and industrialization of developing nations. The market expansion is driven by increase in demand for infrastructure and building projects. Construction of new infrastructure is becoming necessary as a result of ongoing development of industries including highways, railways, tunnels, non-residential building, and mining. This has fostered the need for various types of bricks and has opened up a significant window of opportunity for the brick-making machine industry to expand in emerging nations.
The brick making machines market is segmented on the basis of type, die type, machine, and region. By type, the market is bifurcated into automatic and semi-automatic. By die type, the market is divided into single die, dual die, and multi die. By machine, the market is fragmented into mobile and stationary. Region wise, the brick making machines market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
A brick producing machine uses hydraulic pressure and electrical vibration to make bricks. These machines are made in a variety of models with varying degrees of automation and capabilities. The government spending on infrastructure improvements, such as repairing roads and bridges, is anticipated to rise in the future. The market is primarily driven by surge in the building and infrastructure development demand. Different kinds of bricks are needed in sectors such as tunnel, road, and dam construction. With an expected two billion more people living in cities by 2040, a significant increase in the demand for infrastructure such highways, subways, tunnels, common areas, and commercial facilities is anticipated. Hence, the market growth of brick producing machines is driven by government spending on infrastructure development.
Brick-making machinery is an expensive and bulky equipment. Customers who cannot afford such an expensive machine instead choose to make bricks the old-fashioned way. Hence, not all consumers have the financial means to purchase such pricey machinery. In addition, many consumers find it difficult to obtain equipment financing at higher interest rates. Moreover, separate machinery is needed to produce different types of brick. Owing to budgetary constraints, consumers cannot own all manufacturing equipment. These limitations limit the expansion of the market for brick manufacturing machines.
On the other hand, construction activities have grown as a result of rapid urbanization and industrialization of developing nations. The market expansion is driven by increase in demand for infrastructure and building projects. Construction of new infrastructure is becoming necessary as a result of ongoing development of industries including highways, railways, tunnels, non-residential building, and mining. This has fostered the need for various types of bricks and has opened up a significant window of opportunity for the brick-making machine industry to expand in emerging nations.
The brick making machines market is segmented on the basis of type, die type, machine, and region. By type, the market is bifurcated into automatic and semi-automatic. By die type, the market is divided into single die, dual die, and multi die. By machine, the market is fragmented into mobile and stationary. Region wise, the brick making machines market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition Analysis
The major players profiled in the brick making machines include Zhengzhou Yingfeng Machinery Co.,Ltd, Chirag Concrete Machine Private Limited., J.C. Steele & Sons Inc., SnPC Machines Pvt. Ltd., Jayem Manufacturing Co., ZCJK Intelligent Machinery Wuhan Co., Ltd, Shankar Engineering Corporation, Aimix Group Co., Ltd., Global Impex, and Wangda Bricks Machinery. Major companies in the market have adopted business expansion, and product launch as their key developmental strategies to offer better products and services to customers in the brick making machines market.Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the brick making machines market analysis from 2021 to 2031 to identify the prevailing brick making machines market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the brick making machines market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global brick making machines market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Semi Automatic
- Automatic
By Die Type
- Single Die
- Dual Die
- Multi Die
By Machine
- Mobile
- Stationary
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Zhengzhou Yingfeng Machinery Co.,Ltd
- J.C. Steele & Sons Inc.
- SnPC Machines Pvt. Ltd.
- Jayem Manufacturing Co.
- Shankar Engineering Corporation
- Aimix Group Co., Ltd.
- Chirag Concrete Machine Private Limited.
- ZCJK Intelligent Machinery Wuhan Co., Ltd
- Global Impex
- Wangda Bricks Machinery
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: BRICK MAKING MACHINES MARKET, BY TYPE
CHAPTER 5: BRICK MAKING MACHINES MARKET, BY DIE TYPE
CHAPTER 6: BRICK MAKING MACHINES MARKET, BY MACHINE
CHAPTER 7: BRICK MAKING MACHINES MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report titled, “Brick Making Machines Market," the brick making machines market was valued at $2.1 billion in 2021, and is estimated to reach $3.3 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.Brick making machines are used to make bricks from raw materials such as sand, aggregate, cement, water, and other materials. Bricks normally requires 2 days to 20 days to dry and remove moisture totally. These machines have single die, dual die, or multi die to form brick at a time.
The government spending on infrastructure improvements, such as repairing roads and bridges, is anticipated to rise in the future. The market is primarily driven by surge in the building and infrastructure development demand. Different kinds of bricks are needed in sectors such as tunnel, road, and dam construction. With an expected two billion more people living in cities by 2040, a significant increase in the demand for infrastructure such highways, subways, tunnels, common areas, and commercial facilities is anticipated. Hence, the market growth of brick producing machines is driven by government spending on infrastructure development.
However, brick making machines are large equipment that is expensive. Therefore, customers who are not able to buy such expensive machine opt for traditional brick making. Thus, not all customers can afford to buy such expensive equipment. Moreover, getting loan on higher interest rates to buy the equipment is not feasible for many customers. Moreover, for different brick required different machinery for brick manufacturing. Not all manufacturing machines can be owned by customers due to financial limitations. These factors restraint the growth of the global brick making machine market.
In addition, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to the interruption of the supply chain, thereby hindering the growth of the brick making machines market. However, this situation is expected to improve as the government is relaxing norms around the world for resuming business activities.
Furthermore, rapid urbanization and industrialization in developing countries has given rise to construction activities. Rise in demand for construction & infrastructure developments largely drives the market. Industries, such as roads & railways, tunnels, residential & non-residential construction, and mining, are continuously developing, which, in turn, is creating the need for construction of new infrastructure. This leads to rise in demand for different types of bricks, thereby creating a major opportunity in emerging countries for growth of the brick making machine market.
The global brick making machines is segmented on the basis of type, die type, machine, and region. Based on type, the market is divided into automatic and semi-automatic. Based on die type, the market is divided into single die, dual die and multi die. Based on machine market is divided into mobile and stationary.
As per segments, automatic segment is expected to exhibit the largest revenue contributor during the forecast period and also expected to exhibit the highest CAGR share in the by type segment in the brick making machines during the forecast period. For die type, multi die segment is expected to exhibit largest revenue during forecast period and is expected to exhibit highest CAGR share in die type segment in brick making machines during forecast period. In machine segment, stationary segment is expected to exhibit largest revenue share in the machine segment in the brick making machines during forecast period. The mobile segment is expected to exhibit largest CAGR during forecast period.
Region wise, the global brick making machines market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The major players profiled in the brick making machines include Zhengzhou Yingfeng Machinery Co.,Ltd, Chirag Concrete Machine Private Limited., J.C. Steele & Sons Inc., SnPC Machines Pvt. Ltd., Jayem Manufacturing Co., ZCJK Intelligent Machinery Wuhan Co., Ltd, Shankar Engineering Corporation, Aimix Group Co., Ltd., Global Impex, Wangda Bricks Machinery.Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global brick making machines market trends and dynamics.
- Based on type, the automatic segment dominated the market in 2021.
- Based on die type, the multi die segment dominated the market in 2021.
- By machine, the stationary segment generated the highest revenue in 2021.
- Region-wise, Asia-Pacific dominated the market in 2021, and LAMEA is anticipated to dominate the global brick making machines market exhibiting highest CAGR during the forecast period.
- The report provides an extensive analysis of the global brick making machines market trends and emerging opportunities of the market.
- The global brick making machines market forecast analysis from 2021 to 2031 is included in the report.
Companies Mentioned
- Zhengzhou Yingfeng Machinery Co.,Ltd
- J.C. Steele & Sons Inc.
- SnPC Machines Pvt. Ltd.
- Jayem Manufacturing Co.
- Shankar Engineering Corporation
- Aimix Group Co., Ltd.
- Chirag Concrete Machine Private Limited.
- ZCJK Intelligent Machinery Wuhan Co., Ltd
- Global Impex
- Wangda Bricks Machinery
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 220 |
| Published | February 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 2053.9 million |
| Forecasted Market Value ( USD | $ 3263 million |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
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