Global Power Float Market, By Type (Ride-on (Hydrostatic, Mechanical), Walk Behind)), By Application (Commercial Buildings, Industrial Buildings, Others), By Blade Diameter (36 inch, 46- 48 inch, Above 48 inch), By Region, Competition Forecast & Opportunities, 2026
Global power float market is expected to grow at a steady rate in the forecast period. The power float is a hand-operated machine and provides a dense and smooth finish to concrete beds. The use of power float lowers the time and eliminates the need for materials for applying the finishing screed on the surface. Power float takes a minimal amount of time and is less dependent on manual labor. The rise in the growth of the construction industry around the world and the upcoming construction projects is paving the way for the power float market growth in the next five years. The growing population all around the globe requires the construction of more industrial and commercial spaces. The high demand for the residential sector and the surge in government initiatives providing financial support and construction of buildings are fueling the growth of the global power float market. The rise in consumer spending capacity due to the improving economic conditions is influencing the growth of the power float market as it is required in the construction process.
Global power float market is segmented into type, application, blade diameter, regional distribution, and company. Based on the regional analysis, Asia-pacific is expected to witness significant growth in the forecast period, 2022-2026. Supportive government policies and initiatives and the growing population pool is driving the growth of the market in the forecast period. The rise in the construction of commercial spaces to cater to the growing working population and to boost the economic status is contributing to the power float market’s growth.
The major players operating in the global power float market are Multiquip Inc, Wacker Neuson Group, Allen Engineering Corporation, Altas Copco, Parchem Construction, Supplies Pty. Ltd., Bartell Morisson Inc., Shanghai Dragon Construction Equipment Co.
Masterpac, MBW Inc., Shandong Shenhua Machinery Manufacturing Co., Ltd., and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze and estimate the market size of global power float market from 2016 to 2020.
- To estimate and forecast the market size of global power float from 2021 to 2026 and growth rate until 2026.
- To classify and forecast global power float based on type, application, blade diameter, regional distribution, and company.
- To identify dominant region or segment in the global power float market.
- To identify drivers and challenges for global power float market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global power float market.
- To identify and analyze the profile of leading players operating in global power float market.
- To identify key sustainable strategies adopted by market players in global power float market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global power float market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Power float manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to power float market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global power float market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Power Float Market, By Type:
- Walk Behind
- Global Power Float Market, By Application:
- Commercial Buildings
- Industrial Buildings
- Global Power Float Market, By Blade Diameter:
- 36 inch
- 46- 48 inch
- Above 48 inch
- Global Power Float Market, By Region:
- North America
- United States
- South Korea
- United Kingdom
- South America
- Middle East & Africa
- Saudi Arabia
- South Africa
Company Profiles: Detailed analysis of the major companies present in global power float market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without