Global Asphalt Paver Sales Market Report 2020
With growth in industrial and infrastructural sector in the fast pace economies globally, there has been heavy expenditure on the road maintenance and infrastructural projects, creating demand for asphalt pavers globally. According to Energy Technology Perspectives (ETP) it is estimated that the world will need to add nearly 25 million paved road lane kilometres as only up to 60 % of roads are paved globally. The enhancement and establishment of modern roads and development in emerging economies such as India and China are major growth drivers of global asphalt pavers market. Understanding the importance of road maintenance globally is proving to be very effective to reduce the number of accidents, ultimately driving global asphalt pavers market during the forecast period. Reuse and rental market for road machinery and asphalt pavers are trends prevailing in the global asphalt pavers market which also is a restraint for new equipment sales for major players and manufacturers existing in this market. Increasing demand from road traffic will require continuous construction and improvement of roads, in both urban and rural areas and is likely to fuel the global asphalt pavers market by the end of 2023.
Market Analysis and Insights: Global Asphalt Paver Market
The global Asphalt Paver market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
Global Asphalt Paver Scope and Market Size
The global Asphalt Paver market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Asphalt Paver market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Asphalt Paver market is segmented into
Wheeled Asphalt Pavers
Tracked Asphalt Pavers
Segment by Application, the Asphalt Paver market is segmented into
The Asphalt Paver market is analysed and market size information is provided by regions (countries). Segment by Application, the Asphalt Paver market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscapeand Asphalt Paver Market Share Analysis
Asphalt Paver market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Asphalt Paver business, the date to enter into the Asphalt Paver market, Asphalt Paver product introduction, recent developments, etc.
The major vendors covered:
XCMG Construction Machinery Company
Sany Heavy Industries
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.