Global Power Float Markets Report 2021

Dublin, Oct. 08, 2021 (GLOBE NEWSWIRE) -- The "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, 2027" report has been added to ResearchAndMarkets.com's offering.

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.

Report Scope:

Years considered for this report:

• Historical Years: 2016-2019

• Base Year: 2020

• Estimated Year: 2021

• Forecast Period: 2022-2026

Global Power Float Market, By Type:

• Ride-on

• Hydrostatic

• Mechanical

• Walk Behind

Global Power Float Market, By Application:

• Commercial Buildings

• Industrial Buildings

• Others

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

• Canada

• Mexico

• Asia-Pacific

• China

• India

• Japan

• South Korea

• Australia

• Singapore

• Malaysia

• Europe

• Germany

• United Kingdom

• France

• Italy

• Spain

• Poland

• Denmark

• South America

• Brazil

• Argentina

• Colombia

• Peru

• Chile

• Middle East & Africa

• Saudi Arabia

• South Africa

• UAE

• Iraq

• Turkey

Companies Mentioned

• 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.

For more information about this report visit https://www.researchandmarkets.com/r/qukerg

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900