Top 20 Companies in the Global Ride-on Power Trowel Market: Industry Intelligence Report by Spherical Insights (2024–2035)
RELEASE DATE: Mar 2026 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Introduction
The global ride-on power trowel market experiences growth because of three main factors. First, the demand for construction work around the world continues to grow, which creates more requirements for concrete finishing machines. The construction industry currently faces two main challenges because of ongoing workforce shortages and increasing wage expenses, which lead companies to adopt ride-on trowels that enable workers to complete jobs using fewer machine resources. In 2025,78% of construction firms faced critical staff shortages, which required the United States to hire 500000 new workers for their operational needs. The labour shortage caused global wages to increase between 4.6% and 11%, while specific industries experienced labour cost increases that reached 22%.
The need for productivity and quality maintenance in modern projects requires ride-on power trowels, which deliver faster and more uniform concrete finishes than traditional methods. The implementation of maintenance systems combined with data-based decision tools leads to improved efficiency, which results in decreased operational disturbances. Global construction industry productivity has increased at an annual rate of only 1 per cent for the past twenty years, which demonstrates a significant performance gap when compared to other industrial sectors. Strong government initiatives, together with public infrastructure investments, drive the widespread adoption of advanced management systems, which serve sustainable development and infrastructure modernisation objectives.
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Ride on Power Trowel Market Size & Statistics
- The Market Size for Ride on Power Trowel Was Estimated to be worth USD 156.4 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 5.32% between 2025 and 2035.
- The Global Ride-on Power Trowel Market Size is anticipated to reach USD 276.7 Billion by 2035.
- North America is estimated to dominate the market during the forecast period in the Ride-on Power Trowel Market.
- Asia-Pacific is projected to grow the fastest during the forecast period in the Ride-on Power Trowel Market.
Market Segmentation
Global Ride-on Power Trowel Market Size, Share, By Product Type (Hydraulic Ride-on Trowels, Mechanical Ride-on Trowels), By Engine Type (Gasoline, Diesel, Electric), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.
Regional growth and demand
North America is expected to dominate the market during the forecast period in the ride-on power trowel market.
North America held the majority of the market share by revenue for the ride-on power trowel market. North America remains the dominant region in terms of market size and technological sophistication. The United States and Canada lead the market for advanced ride-on trowels, which feature hydrostatic drives, telematics and ergonomic designs because of their strict requirements for industrial and commercial flooring standards.
Asia-Pacific is projected to grow the fastest during the forecast period in the ride-on power trowel market.
Asia-Pacific is projected to grow the fastest during the forecast period in the ride-on power trowel market. The Asia-Pacific region provides the biggest market for ride-on power trowels because of fast urban development, industrial growth, and major construction projects that happen in China, India, and Japan. Contractors are turning to mechanised concrete finishing equipment because they need to complete projects within limited timeframes while dealing with worker shortages that exist across the industry. The population of cities within the Asia-Pacific region will reach approximately 3.3 billion people by 2050, which will create a need for commercial, industrial and infrastructure development projects.
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Top 10 Trends in the Ride-on Power Trowel Market
- Increasing mechanisation in construction
- Rising demand in commercial and industrial flooring
- Adoption of advanced hydrostatic drive systems
- Integration of telematics and IoT for equipment monitoring
- Focus on operator ergonomics and safety features
- Growth in equipment rental services
- Shift toward electric and hybrid power options
- Rising construction in emerging economies
- Skilled labour shortages are driving mechanisation
- Energy efficiency and reduced operating costs
- Increased Mechanisation in Construction Work
The construction industry is moving toward mechanised concrete finishing methods because they provide faster results and more consistent output compared to manual work.
- Increased Demand for Ride-on Trowels in Commercial and Industrial Flooring
The construction of warehouses, factories, airports, and logistics centres is increasing, and the requirement for quality concrete floor finishing, which can be effectively performed by ride-on trowels, is also increasing.
- Adoption of Advanced Hydrostatic Drive Technology
Ride-on trowels with advanced hydrostatic drive technology are being used, which are efficient and easy to use, thus helping operators finish large surfaces with ease.
- Inclusion of Telematics and Internet of Things for Machine Monitoring
Ride-on trowels with smart technology are being used, which allows for the integration of the Internet of Things, thus helping in machine monitoring.
- Ergonomics and Safety Features
The manufacturers are focusing on designing ride-on trowels with safety features, thus ensuring the comfort of the operators.
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Top 20 Companies Leading the Ride on Power Trowel Market
- Multiquip Inc.
- Allen Engineering Corporation
- Wacker Neuson SE
- Atlas Copco AB
- Bartell Global / Bartell Machinery Systems
- MBW Inc.
- Parchem Construction Supplies Pty. Ltd.
- Shandong Shenhua Machinery Manufacturing Co., Ltd.
- Masterpac
- Dynamic Power / Dynamic Compaction Equipment
- Shanghai Dragon Construction Equipment Co., Ltd.
- Shanghai Dynamic Construction Machinery Co. Ltd.
- Saintyol DAWIN Machinery
- BETON Trowel NV
- Hoppt (Hoppt Singapore Pte Ltd)
- Sona Construction Technologies Pvt. Ltd.
- Husqvarna Construction Products (Husqvarna Group)
- Toro Company
- Zhejiang Changge Construction Machinery Co., Ltd.
- Jining Luheng Machinery Equipment Co., Ltd.
1. Multiquip Inc.
Headquarters: Carson, California, United States
The company provides various products, which include ride-on power trowels and compaction equipment, concrete finishing tools and generators, pumps and related machinery that contractors and rental companies use throughout the world. The company generates approximately USD 228 million in annual revenue based on its most recent revenue estimate, which shows its products reach customers through dealer and rental networks all over the world. Multiquip has become one of the leading companies in concrete finishing equipment because of its wide product selection and strong recognition of its brand.
2. Wacker Neuson SE
Headquarters: Munich, Germany
Wacker Neuson SE, which started its operations in 1848, operates as an industrial equipment manufacturer from its headquarters in Munich, Germany, to produce light and compact construction equipment, which includes ride-on power trowels, compactors, loaders and concrete tools. The Group experienced revenue of approximately USD 2.4 billion in 2024 from its worldwide operations, which included production and sales facilities located in Europe and the United States, China and other locations. Wacker Neuson maintains a strong position in the ride-on power trowel market because of its historical background and its wide range of construction products.
3. Allen Engineering Corporation
Headquarters: Jacksonville, Arkansas, United States
Allen Engineering Corporation started its business in 1964 in Arkansas, USA and developed into a respected company that manufactures concrete placing and finishing and paving equipment that includes ride-on power trowels. The company generates annual revenues between USD 70-71 million through its products, which it sells and rents to customers via its extensive dealer network that operates in over 90 countries. The company Allen Engineering operates as a main expert in concrete construction solutions because it developed early floating discs for ride-on trowels and created an entire collection of concrete equipment.
4. Atlas Copco AB
Headquarters: Nacka, Sweden
The Swedish industrial giant Atlas Copco AB, which was established in 1873, operates from its Nacka, Stockholm headquarters to approximately 180 countries. The company provides construction and concrete finishing solutions through its power technique segment, which delivers compressors, power tools and industrial equipment. The power technology division of Atlas Copco generated USD 3.6 billion in 2024. The company maintains its position as an industry leader because of its global presence, extensive product range and effective service delivery system.
5. Bartell Global
Headquarters: Springfield, Missouri, United States
Bartell Global, which operates under the name Bartell Machinery Systems, manufactures concrete finishing equipment that includes ride-on power trowels and power floats and their associated accessories from its US base while serving contractors and rental houses for more than 30 years. The company designs its product range to deliver durable ride-on trowels and walk-behind trowels, together with their essential tools for construction contractors. The distribution of Bartell machines throughout North America and various international markets occurs through dealer networks. Although Bartell operates as a private company that limits access to specific financial details it has become a major competitor in the concrete finishing equipment market, which includes Multiquip and Allen Engineering as its main rivals.
Are you ready to discover more about the Ride-on Power Trowel Market?
The report provides an in-depth analysis of the leading companies operating in the global ride-on power trowel market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardised format that includes:
Company Profile
- Multiquip Inc.
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Allen Engineering Corporation
- Wacker Neuson SE
- Atlas Copco AB
- Bartell Global / Bartell Machinery Systems
- MBW Inc.
- Parchem Construction Supplies Pty. Ltd.
- Shandong Shenhua Machinery Manufacturing Co., Ltd.
- Masterpac
- Dynamic Power / Dynamic Compaction Equipment
- Shanghai Dragon Construction Equipment Co., Ltd.
- Shanghai Dynamic Construction Machinery Co. Ltd.
- Saintyol DAWIN Machinery
- BETON Trowel NV
- Hoppt (Hoppt Singapore Pte Ltd)
- Sona Construction Technologies Pvt. Ltd.
- Husqvarna Construction Products (Husqvarna Group)
- Toro Company
- Zhejiang Changge Construction Machinery Co., Ltd.
- Jining Luheng Machinery Equipment Co., Ltd.
Conclusion
The global ride on power trowel market size is expected to grow at a compound annual growth rate (CAGR) of 5.32%, from USD 156.4 billion in 2024 to USD 276.7 billion by 2035. Global market expansion is fuelled by increasing building activities and rising staff shortages, and businesses require more effective methods to complete concrete finishing work. North America remains the dominant region in terms of market size and technological sophistication. Asia-Pacific is projected to grow the fastest during the forecast period in the ride-on power trowel market. The Asia-Pacific region provides the biggest market for ride-on power trowels because of fast urban development, industrial growth, and major construction projects that happen in China, India, and Japan
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