The Brick Making Machines Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Brick Making Machines Global Market Report 2024, The brick making machines market size has grown strongly in recent years. It will grow from $2.09 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to urbanization, expansion of construction and infrastructure projects, growth of the real estate and housing sector, increased demand for durable and cost-effective construction materials, population growth and urban housing needs
The brick making machines market size is expected to see steady growth in the next few years. It will grow to $2.61 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to availability of raw materials for brick production, environmental regulations impacting traditional brick kilns, integration of smart and iot technologies in brick machines, growth of mobile and compact brick making machines, customization options in brick size and design. Major trends in the forecast period include technological advancements in brick manufacturing, adoption of sustainable and eco-friendly brick-making technologies, technological innovations in modular and prefabricated construction, development of hybrid and energy-efficient brick machines, integration of robotics for precision in brick laying, collaboration between brick machine manufacturers and construction firms, use of recycled and upcycled materials in brick making.
The increasing construction activities are expected to propel the growth of the brick-making machine market going forward. Construction refers to constructing structures like homes, factories, highways, and bridges. Numerous construction projects use several brick-making machines for high-volume and cost-effective brick production. For instance, in October 2021, according to a report published by Oxford Economics, a UK-based economic information services company, the global construction output was $10.7 trillion in 2020, and between 2020 and 2030, it is anticipated to increase by 42%, or $4.5 trillion, to reach USD 15.2 trillion. Therefore, increasing construction activities are driving the growth of the brick-making machine market.
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The brick making machines market covered in this report is segmented –
1) By Type: Mobile,Stationary
2) By Machine: Clay brick machines, Concrete brick machines, Fly ash brick machines, Interlocking brick machines, Other Machines
3) By Die Type: Single Die, Dual Die, Multiple Die
4) By Operation Mode: Fully Automatic, Semi-Automatic, Manual
5) By End-User: Construction, Industrial, Other End Users
Product innovation is a key trend gaining popularity in the brick-making machine market. Major companies operating in the brick-making machine market are introducing innovative products to sustain their position in the market. For instance, in February 2021, SnPC Machines, an India-based machinery manufacturing company, launched the world’s first fully automated brick-making vehicle. The truck, which serves as a brick-making machine, is equipped with a generator, a mixer, and a brick-making mold. The bricks are prepared for laying once the raw materials are loaded into the truck.
The brick making machines market report table of contents includes:
1. Executive Summary
2. Brick Making Machines Market Characteristics
3. Brick Making Machines Market Trends And Strategies
4. Brick Making Machines Market – Macro Economic Scenario
5. Global Brick Making Machines Market Size and Growth
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26. South America Brick Making Machines Market
27. Brazil Brick Making Machines Market
28. Middle East Brick Making Machines Market
29. Africa Brick Making Machines Market
30. Brick Making Machines Market Competitive Landscape And Company Profiles
Top Major Players:
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