Asphalt Paver Market by Manufacturers, Regions, Type and Application, Forecast to 2029

Industrial Goods Industrial Goods

Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Asphalt Paver market during the historical period of 2014 – 2018. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2019 – 2029.

The global market for asphalt pavers is anticipated to grow at a value CAGR of 3.7%, during the forecast period, to reach a market size of ~USD 1.6 Bn by the end of 2029 from an estimated USD ~1.1 Bn in 2019, according to a new Fact.MR study. Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the ASPHALT PAVER market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the ASPHALT PAVER market.

After reading the ASPHALT PAVER market report, readers get insight into: 

  • Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
  • New, promising avenues in key regions
  • New revenue streams for all players in emerging markets
  • Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
  • Demand and uptake patterns in key industries of the ASPHALT PAVER market
  • New research and development projects in new technologies in key regional markets
  • Changing revenue share and size of key product segments during the forecast period
  • Technologies and business models with disruptive potential 

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The ASPHALT PAVER market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise: 

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)
  • Japan
  • APEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)
  • MEA (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)

The evaluation of the competitive landscape in the ASPHALT PAVER market covers the profile of the following top players:

  • Volvo Construction Equipment Corporation
  • Caterpillar Inc.
  • Fayat Group (Dynapac AB & Bomag)
  • Ammann Group
  • Astec Industry (Roadtec & Carlson)
  • Vogele (Wirtgen Group)
  • XCMG Construction Machinery Co. Ltd
  • Zoomlion Heavy Machinery Co Ltd
  • Sumitomo IHI Construction Machinery Co Ltd
  • VT LeeBoy Inc.
  • Shantui Construction Machinery Co Ltd.
  • Zoomlion Heavy Machinery Co Ltd

To expand the understanding of opportunities in the global ASPHALT PAVER market report looks at close quarters into the opportunities and new avenues in following key segments: 

  • Tracked Pavers
  • Wheeled Pavers

In addition to understanding the demand patterns of various Paver Type, the report on the ASPHALT PAVER market also enumerates trends expected to attract investments by other various associated industries.

On the basis of Operating Weight types, the ASPHALT PAVER market report offers insight into major adoption trends for the following segments:

  • 5000 to 8000 Kg
  • 8000 to 12000 Kg
  • 12000 to 15000 Kg
  • More than 15000 Kg

By Screed Type,

  • Mechanical
  • Hydrostatic

By Paving Width type,

  • Up to 1.5 m
  • 5 to 2.5 m
  • 5 to 5 m
  • More than 2.5 m

The global ASPHALT PAVER market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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Some important questions that the ASPHALT PAVER market report tries to answer exhaustively are: 

  • Key strategic moves by various players in the ASPHALT PAVER market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.
  • Which strategies will enable top players in the ASPHALT PAVER market to expand their geographic footprints?
  • Which new business models are expected to change the course of growth of key regional markets in near future?
  • Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?
  • Which products segments have in recent years have seen new, lucrative application areas?

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