The global pavement construction machinery market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for infrastructure development and modernization in emerging economies such as India and China, which are witnessing rapid urbanization and industrialization.
Earth Road Construction Machinery accounted for the largest share of the global pavement construction machinery market in 2017, followed by Gravel Pavement Construction Mmachinery, Asphalt Concrete Pavement Construction Machinery, and Cement Concrete Paving Machinery. The segment is projected to maintain its dominance throughout the forecast period due to its low cost and high availability in developing countries such as India and China.
Highway application accounted for the largest share of the global pavement construction machinery market in 2017, followed by City Road application; Airport Pavement application accounted for a small share of this market due to high costs associated with installation on airport pavements. Highway application is projected to maintain its dominance throughout the forecast period due to increased investments from governments across Asia Pacific region towards infrastructure development projects such as highways that require heavy-duty equipment such as asphalt concrete paving machines or cement concrete paving machines.
Some Of The Growth Factors Of This Market:
- The increasing demand for construction machinery in emerging economies such as China and India is expected to drive the growth of the global pavement construction machinery market.
- The increasing need for infrastructure development in emerging economies is expected to drive the growth of the global pavement construction machinery market.
- The growing need for sustainable infrastructure development is expected to drive the growth of the global pavement construction machinery market.
- Increasing urbanization and population are driving factors that are expected to fuel demand for pavement construction machines globally, which will lead to a rise in demand for these machines over time.
- Increasing investments by governments and private companies on infrastructure projects will also fuel demand for these machines.
Industry Growth Insights published a new data on “Pavement Construction Machinery Market”. The research report is titled “Pavement Construction Machinery Market research by Types (Earth Road Construction Machinery, Gravel Pavement Construction Mmachinery, Asphalt Concrete Pavement Construction Machinery, Cement Concrete Paving Machinery), By Applications (Highway, City Road, Airport Pavement), By Players/Companies TEREX, XCMG Group, Zoomlion, Sany Heavy Industry, LiuGong, Demag”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pavement Construction Machinery Market Research Report
By Type
Earth Road Construction Machinery, Gravel Pavement Construction Mmachinery, Asphalt Concrete Pavement Construction Machinery, Cement Concrete Paving Machinery
By Application
Highway, City Road, Airport Pavement
By Companies
TEREX, XCMG Group, Zoomlion, Sany Heavy Industry, LiuGong, Demag
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 Pavement Construction Machinery Market Report Segments:
The global Pavement Construction Machinery market is segmented on the basis of:
Types
Earth Road Construction Machinery, Gravel Pavement Construction Mmachinery, Asphalt Concrete Pavement Construction Machinery, Cement Concrete Paving Machinery
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
Highway, City Road, Airport Pavement
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:
- TEREX
- XCMG Group
- Zoomlion
- Sany Heavy Industry
- LiuGong
- Demag
Highlights of The Pavement Construction Machinery 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:
- Earth Road Construction Machinery
- Gravel Pavement Construction Mmachinery
- Asphalt Concrete Pavement Construction Machinery
- Cement Concrete Paving Machinery
- By Application:
- Highway
- City Road
- Airport Pavement
- 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 Pavement Construction Machinery 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?
Pavement construction machinery is a type of heavy equipment used to construct and maintain roads, walkways, and other surfaces. It includes machines that compact the soil into a solid surface using blades or rollers, then smooth it out. Pavement construction machinery can also be used to lay concrete or asphalt.
Some of the major companies in the pavement construction machinery market are TEREX, XCMG Group, Zoomlion, Sany Heavy Industry, LiuGong, Demag.
The pavement construction machinery market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pavement Construction Machinery 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. Pavement Construction Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pavement Construction Machinery Market - Supply Chain
4.5. Global Pavement Construction Machinery Market Forecast
4.5.1. Pavement Construction Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pavement Construction Machinery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pavement Construction Machinery Market Absolute $ Opportunity
5. Global Pavement Construction Machinery 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. Pavement Construction Machinery Market Size and Volume Forecast by Type
5.3.1. Earth Road Construction Machinery
5.3.2. Gravel Pavement Construction Mmachinery
5.3.3. Asphalt Concrete Pavement Construction Machinery
5.3.4. Cement Concrete Paving Machinery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pavement Construction Machinery 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. Pavement Construction Machinery Market Size and Volume Forecast by Application
6.3.1. Highway
6.3.2. City Road
6.3.3. Airport Pavement
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pavement Construction Machinery 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. Pavement Construction Machinery 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 Pavement Construction Machinery 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. Pavement Construction Machinery 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 Pavement Construction Machinery Demand Share Forecast, 2019-2026
9. North America Pavement Construction Machinery 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 Pavement Construction Machinery 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 Pavement Construction Machinery Market Size and Volume Forecast by Application
9.4.1. Highway
9.4.2. City Road
9.4.3. Airport Pavement
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pavement Construction Machinery Market Size and Volume Forecast by Type
9.7.1. Earth Road Construction Machinery
9.7.2. Gravel Pavement Construction Mmachinery
9.7.3. Asphalt Concrete Pavement Construction Machinery
9.7.4. Cement Concrete Paving Machinery
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 Pavement Construction Machinery Demand Share Forecast, 2019-2026
10. Latin America Pavement Construction Machinery 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 Pavement Construction Machinery 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 Pavement Construction Machinery Market Size and Volume Forecast by Application
10.4.1. Highway
10.4.2. City Road
10.4.3. Airport Pavement
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pavement Construction Machinery Market Size and Volume Forecast by Type
10.7.1. Earth Road Construction Machinery
10.7.2. Gravel Pavement Construction Mmachinery
10.7.3. Asphalt Concrete Pavement Construction Machinery
10.7.4. Cement Concrete Paving Machinery
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 Pavement Construction Machinery Demand Share Forecast, 2019-2026
11. Europe Pavement Construction Machinery 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 Pavement Construction Machinery 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 Pavement Construction Machinery Market Size and Volume Forecast by Application
11.4.1. Highway
11.4.2. City Road
11.4.3. Airport Pavement
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pavement Construction Machinery Market Size and Volume Forecast by Type
11.7.1. Earth Road Construction Machinery
11.7.2. Gravel Pavement Construction Mmachinery
11.7.3. Asphalt Concrete Pavement Construction Machinery
11.7.4. Cement Concrete Paving Machinery
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth 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 Pavement Construction Machinery Demand Share, 2019-2026
12. Asia Pacific Pavement Construction Machinery 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 Pavement Construction Machinery 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 Pavement Construction Machinery Market Size and Volume Forecast by Application
12.4.1. Highway
12.4.2. City Road
12.4.3. Airport Pavement
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pavement Construction Machinery Market Size and Volume Forecast by Type
12.7.1. Earth Road Construction Machinery
12.7.2. Gravel Pavement Construction Mmachinery
12.7.3. Asphalt Concrete Pavement Construction Machinery
12.7.4. Cement Concrete Paving Machinery
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 Pavement Construction Machinery Demand Share, 2019-2026
13. Middle East & Africa Pavement Construction Machinery 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 Pavement Construction Machinery 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 Pavement Construction Machinery Market Size and Volume Forecast by Application
13.4.1. Highway
13.4.2. City Road
13.4.3. Airport Pavement
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pavement Construction Machinery Market Size and Volume Forecast by Type
13.7.1. Earth Road Construction Machinery
13.7.2. Gravel Pavement Construction Mmachinery
13.7.3. Asphalt Concrete Pavement Construction Machinery
13.7.4. Cement Concrete Paving Machinery
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 Pavement Construction Machinery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pavement Construction Machinery Market: Market Share Analysis
14.2. Pavement Construction Machinery Distributors and Customers
14.3. Pavement Construction Machinery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TEREX
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. XCMG Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zoomlion
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sany Heavy Industry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LiuGong
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Demag
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
