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.
According to this study, over the next five years the Vibratory Asphalt Compactor market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 1430 million by 2024, from US$ 1150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vibratory Asphalt Compactor business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vibratory Asphalt Compactor market by product type, application, key manufacturers and key regions and countries.
This study considers the Vibratory Asphalt Compactor value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Less than 5 ton
5-13 ton
More than 13 ton
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Road Construction
Public Engineering
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
WIRTGEN
Caterpillar
Bomag
XCMG
Case
SAKAI HEAVY INDUSTRIES, LTD.
JCB
Dynapac
Volvo
Shantui
Liugong Machinery
Ammann
Sany
XGMA
SINOMACH
Luoyang Lutong
Jiangsu Junma
DEGONG
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vibratory Asphalt Compactor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vibratory Asphalt Compactor market by identifying its various subsegments.
Focuses on the key global Vibratory Asphalt Compactor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vibratory Asphalt Compactor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vibratory Asphalt Compactor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Vibratory Asphalt Compactor . Industry analysis & Market Report on Vibratory Asphalt Compactor is a syndicated market report, published as Global Vibratory Asphalt Compactor Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Vibratory Asphalt Compactor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.