Market Overview:
The global micro surfacing machines market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for resurfacing of roads across the globe. Based on type, the global micro surfacing machines market has been segmented into semi-trailer mounted, truck mounted and other types. The truck mounted segment is expected to account for a major share of the global micro surfacing machines market during the forecast period owing to its high demand from various end-use applications such as highways and urban roads. Based on application, the global micro surfacing machines market has been segmented into urban roads, highways and others.
Product Definition:
Micro Surfacing Machines are machines that are used to apply a microsurfacing treatment to a road. This treatment is designed to improve the surface of the road and make it smoother. This can help reduce potholes and other problems with the surface of the road.
Semi-Trailer Mounted:
Semi-trailer mounted devices are used to perform micro surfacing work. They are autonomous mobile equipment that is used to perform various surface treatment processes such as grinding, scarifying, drilling and paving on the construction sites. The increasing demand for these types of vehicles in the global market can be attributed to their ability to offer high mobility and flexibility while performing different operations on construction sites.
Truck Mounted:
Truck-mounted devices are used in microsurfacing machines for the transportation of equipment and supplies to the job site. The truck mounted device is a self-propelled chassis that carries a load of up to 1,000 pounds on its rear end. It is designed for use in small residential lots, where front-end loader vehicles are too large and powerful for use.
Application Insights:
The highway application segment led the global micro surfacing machines market in 2017. This can be attributed to rising demand for asphaltic roads from various end-use industries, such as automotive, construction and transportation. Furthermore, increasing government expenditure on infrastructure development across the globe is likely to boost product demand over the forecast period.
The urban road application segment is expected to witness a CAGR of XX% over the forecast period owing to increased public transport funding through tax increases and fares hikes by municipal governments coupled with improvements in bus services that have resulted in increased passenger travel distances which has necessitated longer boarding areas along with surfacing facilities at bus stands and railway stations which are expected to propel product demand over the next eight years or so (2018-2030).
Micro surfacing machines are used for numerous applications including highways, urban roads & parking lots/garages etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing road infrastructure spending in emerging economies, such as China and India. In addition, rising demand for micro surfacing machines from Australia and New Zealand on account of growing traffic congestion issues is anticipated to further propel the regional product demand.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high product adoption in countries like Japan, South Korea, Taiwan and Indonesia among others. Moreover, rapid urbanization coupled with increased infrastructural spending by various governments across these countries will drive industry expansion over the coming years.
North America held a significant share in 2017 owing to early technology adoption by some of its key players like Surfacemaster Inc., Triton Concrete Milling Systems Ltd., etc.
Growth Factors:
- Increasing demand for micro surfacing machines in the automotive and aerospace industries due to the superior finish and accuracy they provide.
- Growing popularity of nanotechnology and its increasing application in various industries is expected to drive the demand for micro surfacing machines over the forecast period.
- Rising investments by governments worldwide in research and development of nanotechnology is anticipated to create new opportunities for growth of the micro surfacing machines market over the next few years.
- Increasing use of composites materials in manufacturing processes owing to their properties such as light weight, high strength, etc., is projected to boost demand for micro surfacing machines during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Surfacing Machines Market Research Report
By Type
Semi-Trailer Mounted, Truck Mounted, Other
By Application
Urban Road, Highway, Others
By Companies
Rayner Equipment Systems, VSS Macropaver, IPESA SAC, Schaefer-Technic, Bergkamp Inc., FAYAT Group, Xi’an Dagang Road Machinery Co., Ltd, Shanghai Doan Machinery Technology Co.,Ltd., BHARAT ROAD DEVELOPMENT COMBINES PVT. LTD, Beijing EA Machinery Equipment Co., Ltd, Henan Gao Yuan, Zhejiang METONE, XCMG
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Micro Surfacing Machines Market Report Segments:
The global Micro Surfacing Machines market is segmented on the basis of:
Types
Semi-Trailer Mounted, Truck Mounted, Other
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
Urban Road, Highway, 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:
- Rayner Equipment Systems
- VSS Macropaver
- IPESA SAC
- Schaefer-Technic
- Bergkamp Inc.
- FAYAT Group
- Xi’an Dagang Road Machinery Co., Ltd
- Shanghai Doan Machinery Technology Co.,Ltd.
- BHARAT ROAD DEVELOPMENT COMBINES PVT. LTD
- Beijing EA Machinery Equipment Co., Ltd
- Henan Gao Yuan
- Zhejiang METONE
- XCMG
Highlights of The Micro Surfacing Machines 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:
- Semi-Trailer Mounted
- Truck Mounted
- Other
- By Application:
- Urban Road
- Highway
- 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 Micro Surfacing Machines 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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- Correctly Positioning New Products
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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?
Micro Surfacing Machines are a type of industrial robot that is used to apply a thin layer of material, such as paint or varnish, to various surfaces.
Some of the major companies in the micro surfacing machines market are Rayner Equipment Systems, VSS Macropaver, IPESA SAC, Schaefer-Technic, Bergkamp Inc., FAYAT Group, Xi¢â‚¬â„¢an Dagang Road Machinery Co., Ltd, Shanghai Doan Machinery Technology Co.,Ltd., BHARAT ROAD DEVELOPMENT COMBINES PVT. LTD, Beijing EA Machinery Equipment Co., Ltd, Henan Gao Yuan, Zhejiang METONE, XCMG.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro Surfacing Machines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Micro Surfacing Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro Surfacing Machines Market - Supply Chain
4.5. Global Micro Surfacing Machines Market Forecast
4.5.1. Micro Surfacing Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro Surfacing Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro Surfacing Machines Market Absolute $ Opportunity
5. Global Micro Surfacing Machines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Micro Surfacing Machines Market Size and Volume Forecast by Type
5.3.1. Semi-Trailer Mounted
5.3.2. Truck Mounted
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro Surfacing Machines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Micro Surfacing Machines Market Size and Volume Forecast by Application
6.3.1. Urban Road
6.3.2. Highway
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro Surfacing Machines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Micro Surfacing Machines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Micro Surfacing Machines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Micro Surfacing Machines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Micro Surfacing Machines Demand Share Forecast, 2019-2026
9. North America Micro Surfacing Machines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Micro Surfacing Machines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Micro Surfacing Machines Market Size and Volume Forecast by Application
9.4.1. Urban Road
9.4.2. Highway
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro Surfacing Machines Market Size and Volume Forecast by Type
9.7.1. Semi-Trailer Mounted
9.7.2. Truck Mounted
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Micro Surfacing Machines Demand Share Forecast, 2019-2026
10. Latin America Micro Surfacing Machines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Micro Surfacing Machines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Micro Surfacing Machines Market Size and Volume Forecast by Application
10.4.1. Urban Road
10.4.2. Highway
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro Surfacing Machines Market Size and Volume Forecast by Type
10.7.1. Semi-Trailer Mounted
10.7.2. Truck Mounted
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Micro Surfacing Machines Demand Share Forecast, 2019-2026
11. Europe Micro Surfacing Machines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Micro Surfacing Machines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Micro Surfacing Machines Market Size and Volume Forecast by Application
11.4.1. Urban Road
11.4.2. Highway
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro Surfacing Machines Market Size and Volume Forecast by Type
11.7.1. Semi-Trailer Mounted
11.7.2. Truck Mounted
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market AttractivenessGrowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Micro Surfacing Machines Demand Share, 2019-2026
12. Asia Pacific Micro Surfacing Machines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Micro Surfacing Machines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Micro Surfacing Machines Market Size and Volume Forecast by Application
12.4.1. Urban Road
12.4.2. Highway
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro Surfacing Machines Market Size and Volume Forecast by Type
12.7.1. Semi-Trailer Mounted
12.7.2. Truck Mounted
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Micro Surfacing Machines Demand Share, 2019-2026
13. Middle East & Africa Micro Surfacing Machines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Micro Surfacing Machines Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Micro Surfacing Machines Market Size and Volume Forecast by Application
13.4.1. Urban Road
13.4.2. Highway
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro Surfacing Machines Market Size and Volume Forecast by Type
13.7.1. Semi-Trailer Mounted
13.7.2. Truck Mounted
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Micro Surfacing Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Micro Surfacing Machines Market: Market Share Analysis
14.2. Micro Surfacing Machines Distributors and Customers
14.3. Micro Surfacing Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rayner Equipment Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VSS Macropaver
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IPESA SAC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schaefer-Technic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bergkamp Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FAYAT Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xian Dagang Road Machinery Co., Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanghai Doan Machinery Technology Co.,Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BHARAT ROAD DEVELOPMENT COMBINES PVT. LTD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Beijing EA Machinery Equipment Co., Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Henan Gao Yuan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang METONE
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. XCMG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook