Global Vibratory Asphalt Compactor Market Research Report 2020
Vibratory compactors are frequently used machines to compact materials such as soil in order to increase its density for construction and are utilized for in landfill tasks. Some common varieties are plate tamper which is also known as rammers, compactors, vibratory plates and vibratory pad foot compactors.
The Vibratory Asphalt Compactor consumption volume was 18544 Units in 2017 and is expected to reach 20280 Units in 2018 and 26159 Units in 2023, growing at a CAGR of 5.22% from 2018 to 2023. China`s sales volume accounted for the highest market share (32.15%) in 2017, followed by the Europe and the North America. China is expected to maintain the largest production and consumption status.
At present, the manufactures of Vibratory Asphalt Compactor are concentrated in Europe, North America and China. China is the largest production area in the world, which occupied about 36.47% in 2017. The following areas are Europe and North America. The global leading players in this market are WIRTGEN, Caterpillar, Bomag, XCMG, Case, etc.
Though the market is dominated by the manufactures from Europe, USA and China, manufactures in developing counties are trying to occupy the market by the lower price and good aftermarket service. The investors should pay more attention to these developing countries such as India, Indonesia, Brazil and Africa due to the great demand in these regions.
Despite the presence of competition problems, due to the increasing demand of road construction machine and the governments support, investors are still optimistic about this area, the future will still have more new investment enter the field.
Market Analysis and Insights: Global Vibratory Asphalt Compactor Market
The global Vibratory Asphalt Compactor market is valued at 922.8 million US$ in 2020 is expected to reach 1011.2 million US$ by the end of 2026, growing at a CAGR of 1.3% during 2021-2026.
Global Vibratory Asphalt Compactor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Less than 5 ton
5-13 ton
More than 13 ton
Segment by Application
Road Construction
Public Engineering
Others
Global Vibratory Asphalt Compactor Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Vibratory Asphalt Compactor market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Vibratory Asphalt Compactor Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include WIRTGEN, Caterpillar, Bomag, XCMG, Case, Sakai Heavy Industries, JCB, Dynapac, Volvo, Shantui, Liugong Machinery, Ammann, Sany, XGMA, SINOMACH, Jiangsu Junma, etc.
The Vibratory Asphalt Compactor consumption volume was 18544 Units in 2017 and is expected to reach 20280 Units in 2018 and 26159 Units in 2023, growing at a CAGR of 5.22% from 2018 to 2023. China`s sales volume accounted for the highest market share (32.15%) in 2017, followed by the Europe and the North America. China is expected to maintain the largest production and consumption status.
At present, the manufactures of Vibratory Asphalt Compactor are concentrated in Europe, North America and China. China is the largest production area in the world, which occupied about 36.47% in 2017. The following areas are Europe and North America. The global leading players in this market are WIRTGEN, Caterpillar, Bomag, XCMG, Case, etc.
Though the market is dominated by the manufactures from Europe, USA and China, manufactures in developing counties are trying to occupy the market by the lower price and good aftermarket service. The investors should pay more attention to these developing countries such as India, Indonesia, Brazil and Africa due to the great demand in these regions.
Despite the presence of competition problems, due to the increasing demand of road construction machine and the governments support, investors are still optimistic about this area, the future will still have more new investment enter the field.
Market Analysis and Insights: Global Vibratory Asphalt Compactor Market
The global Vibratory Asphalt Compactor market is valued at 922.8 million US$ in 2020 is expected to reach 1011.2 million US$ by the end of 2026, growing at a CAGR of 1.3% during 2021-2026.
Global Vibratory Asphalt Compactor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Less than 5 ton
5-13 ton
More than 13 ton
Segment by Application
Road Construction
Public Engineering
Others
Global Vibratory Asphalt Compactor Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Vibratory Asphalt Compactor market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Vibratory Asphalt Compactor Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include WIRTGEN, Caterpillar, Bomag, XCMG, Case, Sakai Heavy Industries, JCB, Dynapac, Volvo, Shantui, Liugong Machinery, Ammann, Sany, XGMA, SINOMACH, Jiangsu Junma, etc.
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.
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