North America Shotcrete Equipment Market

The North America Shotcrete Equipment market is estimated to reach USD 1.890 Billion by 2030, growing at a CAGR of 4.5% from 2022 to 2030. It was valued at USD 0.754 Billion in 2022. Upsurge in acceptance of eco-friendly green building concept increase in building renovation & remodeling, growing adoption of water retaining structures, underground construction, and protective coatings are the positive impact the shotcrete equipment market growth. Additionally, high strength, low permeability, durability, excellent bond, and efficient timing are largely used in robotic equipment. The growing adoption of general equipment is anticipated to drive the global growth of the shotcrete equipment market.

What is Shotcrete Equipment?

Shotcrete is the process of spraying a pneumatically projected concrete mixture at high speed on a substrate such as a wall, rock, artificial ceiling or vertical structure to produce high-quality, high-density concrete. Shotcrete is widely used worldwide, mainly for underground construction, tunneling and mining, and the Repair and restoration of buildings. Shotcrete has the advantage of shortening the construction cost and the required time. The technology of shotcrete equipment for the production of spray concrete, which uses compressed air to spread gypsum onto wireframes for taxidermy purposes, forces the dried material through the nozzle of a gun unit.

Growth Driver

Growing demand for underground excavation and concrete repair works

Growing urbanization and increasing construction sector growth are projected to drive the growth of the North America shotcrete equipment market. The rising demand for the Repair and restoration of bridges, damaged surface of concrete, fire and earthquake damage, and deterioration, strengthening walls, and encasing, structural steel for fireproofing, parking garages, dams and reservoirs, seismic retrofits, sewers, and marine structures, are the factor to boost the North America shotcrete equipment market. Furthermore, rising investment in construction activities and increasing demand for low-cost housing is helpful to the growth of the shotcrete equipment market.

Pre-Covid-19 impact on the North America Shotcrete Equipment Market

During the pre-covid 19 period, the shotcrete equipment market expanded due to spike demand for wet mix, equipment and construction operations in North America. In the pre-covid period, this had supported the growth of the shotcrete equipment market. The widespread application used for the shotcrete equipment such as protective coatings, water-retaining, inground swimming pool, and underground construction and repair work had created various opportunities for the shotcrete equipment market in the pre-covid period.

Covid-19 impact on the North America Shotcrete Equipment Market

In the covid-19 pandemic had impacted on the North America shotcrete equipment market, pandemic affects the human life both economically and personally. The building and construction were also hit and shut down altogether. In addition, repair and renovation work was stagnant. Furthermore, in North America, the United States was the most affected country, and the maximum number of death and Covid-19 positive patients were recorded. Moreover, there was no lockdown enforced, yet people were reluctant to go out of their homes and resulting in various production and constriction sites being shut down. This is due to a significant impact on the entire value chain’s concrete spraying flow. The occurrence of Covid19 had a big impact on the concrete market spraying of North America. The above factors affect the growth of the North American sprayed concrete equipment market.

Post Covid-19 impact on the North America Shotcrete Equipment Market

In post-Covid 19, the focus will be low-cost housing and cost-effective shotcrete technologies, growing the shotcrete equipment market. After the lockdown, the infrastructure, construction development is progress, rising demand for sustainable building, repair work, complex-shaped and unique architecture demands the growth of the market, furthermore, rising the eco-friendly green building concept, building renovation, and technical and economic benefits along with the sustainability of shotcrete process are projected to grow the North America shotcrete equipment market.

Technique Type Segmental Analysis

The North American shotcrete equipment market is segregated into the wet and dry mix based on the technique. The wet mix segment is estimated to have the highest market share in the technique type for the North America shotcrete equipment market due to the growing adoption of water retaining structures, underground construction, and protective coatings application. In addition, it is a high strength, low permeability, durability, excellent bond and efficient timing, and it is largely used in robotic equipment.

System Segmental Analysis

The North American shotcrete equipment is categorized into Manual Spraying and Robotic Spraying based on the System. The Robotic Spraying segment held a significant market share in 2021. However, Robotic Spraying is projected to grow and gain maximum market revenue by 2030. This is due to the most efficient method for projects that require large amounts of shotcrete.

Equipment Segmental Analysis

The North American shotcrete equipment market is categorized into General Equipment, Auxiliary Equipment, and Special Equipment based on the equipment. The general equipment segment held a significant market share in 2021. However, general equipment is expected to rise and gain the largest market share by 2030 due to the rising adoption of general equipment in artificial rock construction, concrete wall construction, concrete dome construction and canal lining & re-lining of application.

Application Segmental Analysis

The North American shotcrete equipment market is classified into underground construction, inground swimming pool, water retaining structure, protective coatings, and Repair works based on the application. The underground construction segment is projected to account for the largest market share of the North America shotcrete equipment market over the forecast period. The segmental growth is attributed to the growing infrastructural development, rising need for transportation & underground excavations, increased advancement in technology and raw materials.

Country Segmental Analysis

The North American shotcrete equipment market is segregated into the US, Canada and Mexico. The US is estimated to project considerable growth over 2022-2030. Due to the increasing construction activities, rapid urbanization is driving the market’s growth in North America.

Competitor Analysis

Companies include Blast Crete Equipment, LLC, Concreate Equipment Ltd., CCS Group LCC, Cemen Tech Inc., Mesa Industries, LCC, Reed Shotcrete Equipment, RFI Construction Product, Sany, Structural Shotcrete System, Western Shotcrete Equipment, Others Prominent Players in the Shotcrete Equipment. Key Stakeholders

• Market research and consulting firms
• Industry associations
• North America shotcrete equipment manufacturing firm
• Research organizations and consulting companies
• Organizations, associations, and alliances related to shotcrete equipment
• Local Governments
• Regulatory bodies
• Suppliers
• Retailers

Scope of the Report

Report Attribute	Details
Market Size Value in 2021	USD 0.654 Billion
The revenue forecast in 2028	USD 0.890 Billion
Growth Rate	CAGR of 4.5% from 2022 to 2028
Historical data	2018 – 2021
Forecast period	2022 – 2028
Country covered	US, Canada, Mexico
Key companies Profiled	Blastcrete Equipment, LLC, Concreate Equipment Ltd., CCS Group LCC, Cemen Tech Inc., Mesa Industries, LCC, Reed Shotcrete Equipment, RFI Construction Product, Sany, Structural Shotcrete System, Western Shotcrete Equipment, Others Prominent Players

Market Modelling

By Technique

• Wet Mix
• Dry Mix

By System

• Manual Spraying
• Robotic Spraying

By Equipment

• General Equipment
• Auxiliary Equipment
• Special Equipment

By Application

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

By Country

• US
• Canada
• Mexico

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