An asphalt paver is a construction equipment machinery generally used to place asphalt on roads, parking lots, bridges and other such places. It surfaces the asphalt flat and provides minor compaction before it is further compacted by heavy road rollers. It is usually termed as an asphalt paving machine. Some asphalt pavers are dragged by the dump truck laying the asphalt, but most of these are now self-propelled machines.
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.
The Asphalt Paver market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Asphalt Paver.
This report presents the worldwide Asphalt Paver market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Volvo
Caterpillar
Weiler
Zoomlion
Dynapac
Bomag
XCMG Construction Machinery Company
Sany Heavy Industries
Asphalt Paver Breakdown Data by Type
Wheeled Asphalt Pavers
Tracked Asphalt Pavers
Asphalt Paver Breakdown Data by Application
Highway
Urban Road
Others
Asphalt Paver Production by Region
United States
Europe
China
Japan
Other Regions
Asphalt Paver Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Asphalt Paver status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Asphalt Paver manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Asphalt Paver :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Asphalt Paver market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Asphalt Paver . Industry analysis & Market Report on Asphalt Paver is a syndicated market report, published as Global Asphalt Paver Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Asphalt Paver market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.