Market Overview:
The global road line marker market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), reaching a value of US$XX Mn by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into hand pushed type, self-propelled marking machine and line marking truck/mini truck. Of these, hand pushed type held majority share in 2017 and this trend is expected to continue during the forecast period as well. On account of its low cost and easy operability, it has gained immense popularity among end users across different regions. However, with increasing demand for better quality lines & markings along with shorter turnaround time for projects; self-propelled machines are witnessing high adoption rates across developed countries such as U.S., Canada & Europe . On the basis of application, roads & streets accounted for majority share in 2017 followed by parking lot and airport segments respectively . This can be attributed to increasing investments towards development & upgradationof transportation infrastructure worldwide coupled with growing awareness about safety measures among end users .
Product Definition:
Road Line Marker is a device that is used to delineate the edge of a roadway. It is typically placed at regular intervals along the side of the road and can be made from plastic, metal or concrete. Road Line Markers are often used in conjunction with traffic cones to indicate where vehicles should drive.
Hand Pushed Type:
Hand pushed type markers are used for road line marking. They are also known as manual push or hand-pushed markers. These devices have a longer life than automated ones and can be used in extreme weather conditions, making them more durable.
Self-Propelled Marking Machine:
Self-propelled marking machine, also known as road line marker or curb-side loader, is a vehicle that follows a magnetic guidewire along the road and paints lines on the asphalt. The device uses an electric motor for propulsion and has no need for any human intervention. These devices are used to paint traffic signboards at night in difficult conditions or in adverse weather conditions when it is not possible to use traditional methods of painting such as during snowfall.
Application Insights:
Roads and streets application segment accounted for the largest share in 2016. This is due to the growing need for road line marking products in order to maintain traffic flow on roads, as well as to make them easy to follow for all vehicles. In addition, increasing government expenditure on infrastructure development across the globe is expected to boost product demand over the forecast period.
Parking lot application segment is expected register a significant CAGR of XX% from 2017 to 2030 owing mainlyto increased construction of new parking facilities at airports worldwide, thus resulting in higher requirement of marking products by airport authorities or car park operators. Line-marking trucks are used not only at airports but also at industrial sites, sports grounds and other public areas where clear markings are required so that drivers know where each space or area belongs according these requirements set by various regulatory bodies such as International Air Transport Association (IATA) and European Airport Forum (EAF).
Regional Analysis:
Asia Pacific dominated the global road line marker market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing investments in infrastructure development, rising consumer demand for better roads, and growing adoption of self-driving vehicles. Moreover, government initiatives encouraging public transportation are also anticipated to drive regional growth over the next eight years. For instance, China has set up a national strategic plan on intelligent transport system (ITS) that covers all modes of transport including railways, roads and waterways from 2014 - 2020.
North America region is projected to witness significant growth over the forecast period owing to increased focus on improving road network quality standards across U.S.
Growth Factors:
- Increasing demand for road line markers from the automotive and transportation industry as a result of increasing vehicle production and sales.
- Growing investments in infrastructure development, which is expected to lead to an increase in the demand for road line markers over the forecast period.
- Rising awareness about safety among drivers, which is anticipated to boost the demand for road line markers globally over the next few years.
- Technological advancements in marker manufacturing that are resulting in more durable and efficient products, driving their adoption across various applications segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Line Marker Market Research Report
By Type
Hand Pushed Type, Self-Propelled Marking Machine, Line Marking Truck/Mini Truck
By Application
Roads & Streets, Parking Lot, Airport, Others
By Companies
Borum A/S, Graco Inc, Hofmann GmbH, Automark Group, Asian Construction Equipment Group, RME, Titan Tool Inc, Jiangsu Luxinda Traffic Facilities, TATU Traffic Group, STiM Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Road Line Marker Market Report Segments:
The global Road Line Marker market is segmented on the basis of:
Types
Hand Pushed Type, Self-Propelled Marking Machine, Line Marking Truck/Mini Truck
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Roads & Streets, Parking Lot, Airport, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Borum A/S
- Graco Inc
- Hofmann GmbH
- Automark Group
- Asian Construction Equipment Group
- RME
- Titan Tool Inc
- Jiangsu Luxinda Traffic Facilities
- TATU Traffic Group
- STiM Group
Highlights of The Road Line Marker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hand Pushed Type
- Self-Propelled Marking Machine
- Line Marking Truck/Mini Truck
- By Application:
- Roads & Streets
- Parking Lot
- Airport
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Road Line Marker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A road line marker is a sign that indicates the boundary of a public road.
Some of the key players operating in the road line marker market are Borum A/S, Graco Inc, Hofmann GmbH, Automark Group, Asian Construction Equipment Group, RME, Titan Tool Inc, Jiangsu Luxinda Traffic Facilities, TATU Traffic Group, STiM Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Line Marker Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Road Line Marker Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Road Line Marker Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Road Line Marker Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Road Line Marker Market Size & Forecast, 2020-2028 4.5.1 Road Line Marker Market Size and Y-o-Y Growth 4.5.2 Road Line Marker Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hand Pushed Type
5.2.2 Self-Propelled Marking Machine
5.2.3 Line Marking Truck/Mini Truck
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Roads & Streets
6.2.2 Parking Lot
6.2.3 Airport
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Line Marker Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Road Line Marker Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hand Pushed Type
9.6.2 Self-Propelled Marking Machine
9.6.3 Line Marking Truck/Mini Truck
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Roads & Streets
9.10.2 Parking Lot
9.10.3 Airport
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hand Pushed Type
10.6.2 Self-Propelled Marking Machine
10.6.3 Line Marking Truck/Mini Truck
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Roads & Streets
10.10.2 Parking Lot
10.10.3 Airport
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hand Pushed Type
11.6.2 Self-Propelled Marking Machine
11.6.3 Line Marking Truck/Mini Truck
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Roads & Streets
11.10.2 Parking Lot
11.10.3 Airport
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hand Pushed Type
12.6.2 Self-Propelled Marking Machine
12.6.3 Line Marking Truck/Mini Truck
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Roads & Streets
12.10.2 Parking Lot
12.10.3 Airport
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hand Pushed Type
13.6.2 Self-Propelled Marking Machine
13.6.3 Line Marking Truck/Mini Truck
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Roads & Streets
13.10.2 Parking Lot
13.10.3 Airport
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Road Line Marker Market: Competitive Dashboard
14.2 Global Road Line Marker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Borum A/S
14.3.2 Graco Inc
14.3.3 Hofmann GmbH
14.3.4 Automark Group
14.3.5 Asian Construction Equipment Group
14.3.6 RME
14.3.7 Titan Tool Inc
14.3.8 Jiangsu Luxinda Traffic Facilities
14.3.9 TATU Traffic Group
14.3.10 STiM Group