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Concrete Finishing Equipment Market

ID: MRFR/Equip/18740-HCR
128 Pages
Tejas Chaudhary
October 2025

Concrete Finishing Equipment Market Research Report Information By Type (Trowel Blades, Long Handle Float, Power Trowels, Mechanical Tube Finisher, Vibratory Screed Finisher, Tining Machine, Concrete Edger, and Others), By End-user (Residential, Commercial, and Industrial), And By Region (North America, Europe, Asia-Pacific, And Rest of The World) –Market Forecast Till 2035

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Concrete Finishing Equipment Market Summary

As per MRFR analysis, the Concrete Finishing Equipment Market Size was estimated at 3500.0 USD Billion in 2024. The Concrete Finishing Equipment industry is projected to grow from 3641.34 USD Billion in 2025 to 5410.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.04 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Concrete Finishing Equipment Market is poised for growth driven by technological advancements and sustainability initiatives.

  • North America remains the largest market for concrete finishing equipment, reflecting robust construction activities.
  • The Asia-Pacific region is emerging as the fastest-growing market, fueled by rapid urbanization and infrastructure development.
  • Floor finishing equipment dominates the market, while polishing equipment is witnessing the fastest growth due to increasing aesthetic demands.
  • Rising construction activities and a heightened focus on sustainability are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 3500.0 (USD Billion)
2035 Market Size 5410.0 (USD Billion)
CAGR (2025 - 2035) 4.04%

Major Players

Husqvarna AB (SE), Wacker Neuson SE (DE), Multiquip Inc (US), Sika AG (CH), Caterpillar Inc (US), Bosch Rexroth AG (DE), Allen Engineering Corporation (US), Probst GmbH (DE), Gomaco Corporation (US)

Concrete Finishing Equipment Market Trends

The Concrete Finishing Equipment Market is currently experiencing a dynamic evolution, driven by advancements in technology and increasing demand for high-quality concrete surfaces. As construction projects become more complex, the need for efficient and precise finishing equipment has intensified. This market encompasses a variety of tools and machinery designed to enhance the finishing process, ensuring durability and aesthetic appeal. The integration of innovative features, such as automated controls and improved ergonomics, appears to be reshaping the landscape of this sector. Furthermore, sustainability concerns are prompting manufacturers to develop eco-friendly solutions, which may influence purchasing decisions in the near future. In addition to technological advancements, the Concrete Finishing Equipment Market is also witnessing a shift in consumer preferences. Contractors and construction firms are increasingly seeking equipment that not only meets performance standards but also aligns with environmental regulations. This trend suggests a growing awareness of the impact of construction practices on the environment. As a result, companies that prioritize sustainability in their product offerings may gain a competitive edge. Overall, the market is poised for growth, with potential opportunities arising from the ongoing evolution of construction methodologies and the increasing emphasis on sustainable practices.

Technological Advancements

The Concrete Finishing Equipment Market is seeing a surge in the adoption of advanced technologies. Innovations such as automated machinery and smart controls are enhancing efficiency and precision in finishing processes. These developments not only improve productivity but also reduce labor costs, making them attractive to contractors.

Sustainability Focus

There is a noticeable trend towards sustainability within the Concrete Finishing Equipment Market. Manufacturers are increasingly developing eco-friendly products that minimize environmental impact. This shift reflects a broader industry movement towards greener construction practices, appealing to environmentally conscious consumers.

Customization and Versatility

The demand for customizable and versatile concrete finishing equipment is on the rise. Contractors are looking for tools that can adapt to various project requirements, allowing for greater flexibility in operations. This trend indicates a shift towards more specialized equipment that can cater to diverse finishing needs.

Concrete Finishing Equipment Market Drivers

Market Growth Projections

The Global Concrete Finishing Equipment Market Industry is poised for substantial growth, with projections indicating a market size of 12.5 USD Billion in 2024 and an expected increase to 20.3 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 4.51% from 2025 to 2035, reflecting the industry's resilience and adaptability. Factors such as rising construction activities, technological advancements, and sustainability initiatives are likely to contribute to this positive outlook. The market's expansion is indicative of the increasing reliance on concrete finishing equipment in various construction applications, highlighting its integral role in the broader construction ecosystem.

Sustainability Initiatives

Sustainability initiatives are increasingly influencing the Global Concrete Finishing Equipment Market Industry. As environmental concerns rise, construction companies are seeking eco-friendly solutions that minimize waste and reduce carbon footprints. The adoption of sustainable materials and practices in concrete finishing is becoming more prevalent, prompting manufacturers to develop equipment that aligns with these goals. This shift not only meets regulatory requirements but also appeals to environmentally conscious consumers. The market's growth trajectory, projected to reach 20.3 USD Billion by 2035, suggests that sustainability will be a key driver in shaping future equipment designs and operational methodologies.

Technological Advancements

Technological advancements play a pivotal role in shaping the Global Concrete Finishing Equipment Market Industry. Innovations such as automated finishing machines and advanced surface preparation tools enhance efficiency and precision in concrete applications. These developments not only improve productivity but also reduce labor costs, making them attractive to contractors. As the industry embraces digital technologies, including IoT and AI, the potential for smarter equipment increases. This trend is expected to contribute to the market's growth, with projections indicating a compound annual growth rate of 4.51% from 2025 to 2035. The integration of technology into concrete finishing processes is likely to redefine operational standards.

Growing Construction Activities

The Global Concrete Finishing Equipment Market Industry is experiencing growth driven by escalating construction activities worldwide. As urbanization continues to rise, the demand for residential and commercial buildings increases, leading to a higher requirement for concrete finishing equipment. In 2024, the market is projected to reach 12.5 USD Billion, reflecting the industry's response to the burgeoning construction sector. This growth is likely to be sustained as infrastructure projects gain momentum, particularly in developing regions. The need for efficient and high-quality concrete finishing solutions is paramount, suggesting that manufacturers must innovate to meet the evolving demands of the construction industry.

Government Infrastructure Investments

Government infrastructure investments are a crucial driver of the Global Concrete Finishing Equipment Market Industry. Many countries are prioritizing infrastructure development to stimulate economic growth, leading to increased funding for public works projects. This trend is particularly pronounced in emerging economies, where governments are investing heavily in roads, bridges, and public buildings. Such investments create a robust demand for concrete finishing equipment, as these projects require high-quality finishes for durability and aesthetics. The anticipated growth in the market, alongside the projected figures, underscores the importance of government initiatives in shaping the industry's future.

Rising Demand for Decorative Concrete

The rising demand for decorative concrete is significantly impacting the Global Concrete Finishing Equipment Market Industry. As aesthetics become a priority in construction, decorative concrete applications such as stamped, stained, and polished finishes are gaining popularity. This trend is particularly evident in residential and commercial projects where visual appeal is paramount. The need for specialized finishing equipment to achieve these decorative effects is driving market growth. As consumers increasingly seek unique and customized designs, manufacturers are likely to respond with innovative solutions that cater to this demand, further propelling the industry's expansion.

Market Segment Insights

By Application: Floor Finishing (Largest) vs. Polishing (Fastest-Growing)

The Concrete Finishing Equipment Market is diversified across various application segments, including Floor Finishing, Surface Finishing, Wall Finishing, Concrete Repair, and Polishing. Among these, Floor Finishing stands out as the largest segment, driven by the high demand in commercial and residential projects. The growing urbanization and infrastructure development are key factors contributing to the substantial market share of this segment. In contrast, Polishing is emerging rapidly in popularity due to the increasing preference for aesthetically pleasing surface finishes and maintenance benefits, gaining traction particularly in retail and hospitality sectors.

Floor Finishing (Dominant) vs. Polishing (Emerging)

Floor Finishing leads the Concrete Finishing Equipment Market, attributed to its robust application in both residential and commercial sectors. As construction projects expand globally, the demand for durable and visually appealing flooring solutions continues to rise. On the other hand, the Polishing segment is experiencing significant growth as an emerging trend, where polished concrete surfaces are favored for their low maintenance and high durability. This trend is coupled with a surge in renovations and aesthetic enhancements in commercial spaces. The juxtaposition of the dominant Floor Finishing segment with the emerging Polishing segment exemplifies the evolving preferences in concrete finishing technologies, shaping the future landscape of the market.

By Type of Equipment: Trowels (Largest) vs. Power Floats (Fastest-Growing)

The Concrete Finishing Equipment Market is characterized by a diverse range of equipment types, with trowels capturing the largest share due to their versatility and essential role in achieving smooth surface finishes. Screeds and finishing machines also hold significant market positions, utilized for leveling and refining surfaces, respectively. Concrete mixers contribute to the foundational processes, although they have a smaller share compared to finishing equipment. As the market evolves, trowels are anticipated to maintain their prominence, while power floats are gaining traction as an innovative solution for enhancing work efficiency in concrete finishing tasks. Growth trends in the Concrete Finishing Equipment Market are influenced by the increasing demand for construction projects involving concrete surfaces. The emphasis on quality and durability in construction practices drives the adoption of advanced equipment, including power floats, which are being recognized as the fastest-growing segment. Factors such as technological advancements, labor cost savings, and the push for environmental sustainability further bolster the market's expansion. Rising construction activities in urban areas and infrastructure development initiatives also play a significant role in spurring demand for sophisticated concrete finishing equipment.

Trowels: Dominant vs. Power Floats: Emerging

Trowels are a dominant force in the Concrete Finishing Equipment Market, known for their capability to achieve precise surface finishing and their widespread use in both residential and commercial projects. They are essential for a variety of concrete applications, and their ability to produce high-quality finishes makes them a preferred choice among contractors. In contrast, power floats are emerging as a significant player in this segment, primarily because they enhance efficiency and productivity in concrete finishing tasks. Their capacity to cover larger areas quickly and consistently elevates the quality of the finish, making them attractive to contractors looking for time-saving solutions. As the industry continues to evolve, the demand for both trowels and power floats is expected to grow, reflecting their distinct yet complementary roles in concrete finishing processes.

By End Use: Residential Construction (Largest) vs. Industrial Construction (Fastest-Growing)

The Concrete Finishing Equipment Market shows a diverse distribution of market share across various end-use segments. Residential construction holds the largest share, driven by increasing urbanization and housing demand in several regions. In contrast, industrial construction is rapidly gaining traction, reflecting the robust growth in manufacturing and construction related to industrial projects, which are becoming crucial to economic development. This segment is poised to experience significant growth due to technological advancements and increased investments in infrastructure.

Residential Construction (Dominant) vs. Infrastructure Development (Emerging)

The residential construction segment is characterized by its dominance in the concrete finishing equipment market due to the continuous demand for new housing and renovations. This segment benefits from a strong focus on aesthetics and durability in residential projects, leading to the adoption of advanced concrete finishing equipment. In contrast, infrastructure development is an emerging segment, particularly as governments emphasize upgrading and expanding public infrastructure. As urban areas grow and the need for transportation networks and utilities increases, the demand for specialized concrete finishing equipment in infrastructure projects is expected to rise, making it a key area of growth.

Get more detailed insights about Concrete Finishing Equipment Market

Regional Insights

North America : Market Leader in Equipment

North America is poised to maintain its leadership in the Concrete Finishing Equipment Market, holding a significant market share of $1750.0M in 2024. The region's growth is driven by robust construction activities, increased infrastructure investments, and a rising demand for advanced finishing technologies. Regulatory support for sustainable construction practices further fuels market expansion, as companies seek to comply with environmental standards and improve efficiency. The competitive landscape in North America is characterized by the presence of key players such as Husqvarna AB, Multiquip Inc, and Caterpillar Inc. These companies are leveraging innovative technologies and strategic partnerships to enhance their product offerings. The U.S. remains the largest market, supported by a strong construction sector and a focus on modernization. As demand for high-quality concrete finishes grows, the region is expected to see continued investment in advanced equipment and solutions.

Europe : Emerging Market Dynamics

Europe's Concrete Finishing Equipment Market is projected to reach $1050.0M, driven by a resurgence in construction activities and a focus on infrastructure development. The region benefits from stringent regulations promoting sustainable building practices, which encourage the adoption of advanced finishing technologies. Additionally, the increasing demand for high-quality concrete finishes in residential and commercial projects is a key growth driver, supported by government initiatives aimed at enhancing urban infrastructure. Leading countries in this region include Germany, France, and the UK, where major players like Wacker Neuson SE and Bosch Rexroth AG are actively competing. The competitive landscape is marked by innovation and collaboration, with companies investing in R&D to develop eco-friendly solutions. As the market evolves, the emphasis on quality and efficiency will shape the future of concrete finishing equipment in Europe.

Asia-Pacific : Rapid Growth Potential

The Asia-Pacific region is witnessing rapid growth in the Concrete Finishing Equipment Market, projected to reach $600.0M. This growth is fueled by urbanization, increasing infrastructure projects, and a rising demand for modern construction techniques. Countries like China and India are leading the charge, with significant investments in residential and commercial developments. Regulatory frameworks promoting sustainable construction practices are also contributing to market expansion, as stakeholders seek to enhance efficiency and reduce environmental impact. China stands out as the largest market in the region, with a strong presence of local manufacturers and international players. Companies such as Sika AG and Allen Engineering Corporation are capitalizing on the growing demand for advanced finishing equipment. The competitive landscape is evolving, with a focus on innovation and technology adoption, positioning Asia-Pacific as a key player in the global market.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa region is emerging as a potential market for Concrete Finishing Equipment, with a market size of $100.0M. The growth is primarily driven by increasing investments in infrastructure development, particularly in countries like the UAE and South Africa. Government initiatives aimed at enhancing urban infrastructure and promoting sustainable construction practices are key catalysts for market growth. The region's focus on mega-projects and urbanization is expected to further boost demand for advanced finishing technologies. In this region, the competitive landscape is still developing, with opportunities for both local and international players. Companies are beginning to establish a foothold, and as the market matures, the presence of key players is expected to grow. The emphasis on quality and efficiency in construction will drive the adoption of innovative concrete finishing solutions, positioning the Middle East and Africa as a region with significant growth potential.

Key Players and Competitive Insights

The Concrete Finishing Equipment Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for efficient construction solutions. Key players such as Husqvarna AB (SE), Wacker Neuson SE (DE), and Sika AG (CH) are strategically positioning themselves through innovation and regional expansion. Husqvarna AB (SE) focuses on enhancing its product portfolio with advanced concrete finishing technologies, while Wacker Neuson SE (DE) emphasizes sustainability in its operations, aiming to reduce environmental impact. Sika AG (CH) is leveraging partnerships to expand its market reach, indicating a collective shift towards collaborative strategies that enhance competitive advantage.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and optimize supply chains. The market appears moderately fragmented, with several players vying for market share. This fragmentation allows for diverse offerings, yet the influence of major players remains significant, as they set industry standards and drive innovation.

In November 2025, Wacker Neuson SE (DE) announced the launch of a new line of electric-powered concrete finishing equipment, which is expected to reduce energy consumption by up to 30%. This strategic move not only aligns with global sustainability trends but also positions Wacker Neuson SE (DE) as a leader in eco-friendly construction solutions. The introduction of this product line could potentially reshape customer preferences towards more sustainable options in the market.

In October 2025, Sika AG (CH) expanded its operations in North America by acquiring a regional concrete finishing equipment manufacturer. This acquisition is likely to enhance Sika AG's (CH) distribution capabilities and product offerings, allowing for a more robust presence in a key market. Such strategic acquisitions are indicative of a broader trend where companies seek to consolidate their positions and expand their operational footprint.

In September 2025, Husqvarna AB (SE) entered into a strategic partnership with a leading technology firm to integrate AI-driven analytics into its concrete finishing equipment. This collaboration aims to enhance operational efficiency and provide customers with data-driven insights for better project management. The integration of AI signifies a pivotal shift towards smart construction solutions, which may redefine competitive dynamics in the market.

As of December 2025, the most pressing trends shaping competition include digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming increasingly vital, as companies recognize the need for collaboration to innovate and meet evolving customer demands. Looking ahead, competitive differentiation is likely to evolve from traditional price-based strategies to a focus on innovation, technological advancements, and supply chain reliability, underscoring the importance of adaptability in a rapidly changing market.

Key Companies in the Concrete Finishing Equipment Market market include

Industry Developments

December 2020: In December 2020, Husqvarna Group's Construction Division successfully acquired Blastrac N.A., a prominent provider of surface preparation technologies catering to the global construction and remediation industry. The addition of Blastrac's product range synergistically enhances the comprehensive offerings of Husqvarna's Construction Division in the realm of concrete surfaces and floors.

March 2017: In March 2017, Husqvarna Group's Construction Division bolstered its capabilities by acquiring HTC's floor grinding solutions division. This strategic move was aimed at fortifying their capacity to develop and provide customers with comprehensive floor solutions in the construction segment, further solidifying their position in the market through this acquisition.

Future Outlook

Concrete Finishing Equipment Market Future Outlook

The Concrete Finishing Equipment Market is projected to grow at a 4.04% CAGR from 2024 to 2035, driven by technological advancements, increasing construction activities, and rising demand for durable surfaces.

New opportunities lie in:

  • Integration of IoT for real-time equipment monitoring
  • Development of eco-friendly concrete finishing solutions
  • Expansion into emerging markets with tailored product offerings

By 2035, the market is expected to achieve robust growth, reflecting evolving industry demands.

Market Segmentation

Concrete Finishing Equipment Market End Use Outlook

  • Residential Construction
  • Commercial Construction
  • Industrial Construction
  • Infrastructure Development
  • Road Construction

Concrete Finishing Equipment Market Application Outlook

  • Surface Finishing
  • Floor Finishing
  • Wall Finishing
  • Concrete Repair
  • Polishing

Concrete Finishing Equipment Market Type of Equipment Outlook

  • Trowels
  • Screeds
  • Finishing Machines
  • Power Floats
  • Concrete Mixers

Report Scope

MARKET SIZE 20243500.0(USD Billion)
MARKET SIZE 20253641.34(USD Billion)
MARKET SIZE 20355410.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.04% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledHusqvarna AB (SE), Wacker Neuson SE (DE), Multiquip Inc (US), Sika AG (CH), Caterpillar Inc (US), Bosch Rexroth AG (DE), Allen Engineering Corporation (US), Probst GmbH (DE), Gomaco Corporation (US)
Segments CoveredApplication, Type of Equipment, End Use
Key Market OpportunitiesIntegration of advanced automation technologies enhances efficiency in the Concrete Finishing Equipment Market.
Key Market DynamicsTechnological advancements and sustainability trends drive innovation in the Concrete Finishing Equipment Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Tejas Chaudhary
Research Analyst Level II

I have a degree in Engineering (Civil), with masters in Business Administration (Marketing). With more than 4 years of experience in market research and consulting, I am involved in end-to-end process of market research, proposals, project kickoffs and delivery. I have research knowledge and expertise in consumer goods/packaging domain. Also I have worked for various other domains like construction & equipment. Effectively managed and delivered more than 60 report studies for regional as well as global clientele.

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FAQs

How much is the Concrete Finishing Equipment Market?

The Concrete Finishing Equipment Market size was valued at significant value in 2022.

What is the growth rate of the Concrete Finishing Equipment Market?

The Concrete Finishing Equipment Market is projected to grow at a CAGR of 7.00% during the forecast period, 2024-2032.

Which region held the largest market share in the Concrete Finishing Equipment Market?

North America had the largest share of the global market

Who are the key players in the Concrete Finishing Equipment Market?

The key players in the market are Beton Tool Company, Allen Engineering Corporation, Atlas Copco Limited, Mekaster Engineering Limited, Ligchine International, Masterpac Corporation, Gomaco Corporation, Multivibe, Universal Construction Machinery, Bartell Global, KYB Conmat Pvt. Ltd., Flextool, Cessco, Inc., Somero Enterprises, Inc., Wacker Neuson SE, and Jurong Topall Machinery Co. Ltd

Which Type led the Concrete Finishing Equipment Market?

The Power Trowels segment dominated the market in 2022.

Which End User had the largest market share in the Concrete Finishing Equipment Market?

The Residential segment had the largest share in the global market.

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