The global paving equipment market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for paved roads and parking lots, which are being constructed across the globe. The increase in construction activities has led to an increase in demand for paving equipment such as mechanical pavers and hydrostatic pavers.
The global paving equipment market is segmented on the basis of type, application, and region. On the basis of type, it is divided into mechanical pavers and hydrostatic pavers; on the basis of application, it is divided into personal farm and rent; on the basis of region, it is divided into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The need for new roads and highways is expected to increase the demand for paving equipment.
- The need for more durable surfaces in urban areas will also increase the demand for paving equipment.
- The increasing population will also lead to an increased demand for paving equipment as more people require new roads and highways, as well as more durable surfaces in urban areas.
- Increasing construction activity will lead to an increased demand for paving equipment, especially in developing countries where there is a high level of construction activity due to rapid economic growth and urbanization rates that are higher than those of developed countries such as the United States or Canada.
- Increasing environmental regulations on emissions from vehicles will lead to an increased use of asphalt pavements which requires more asphalt pavements which leads to an increased use of paving equipment.
Industry Growth Insights published a new data on “Paving Equipment Market”. The research report is titled “Paving Equipment Market research by Types (Mechanical Pavers, Hydrostatic Pavers), By Applications (Personal Farm, Rent), By Players/Companies Wirtgen Group, VOLVO, Atlas Copco, CAT, FAYAT, SUMITOMO, ST Engineering, HANTA, XCMG, SANY, JiangSu Huatong Kinetics, ZOOMLION, SCMC, Tsun Greatwall, Xinzhu Corporation, CCCC XI'AN ROAD, DingshengTiangong, LiuGong”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Paving Equipment Market Research Report
By Type
Mechanical Pavers, Hydrostatic Pavers
By Application
Personal Farm, Rent
By Companies
Wirtgen Group, VOLVO, Atlas Copco, CAT, FAYAT, SUMITOMO, ST Engineering, HANTA, XCMG, SANY, JiangSu Huatong Kinetics, ZOOMLION, SCMC, Tsun Greatwall, Xinzhu Corporation, CCCC XI'AN ROAD, DingshengTiangong, LiuGong
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Paving Equipment Market Report Segments:
The global Paving Equipment market is segmented on the basis of:
Types
Mechanical Pavers, Hydrostatic Pavers
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
Personal Farm, Rent
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:
- Wirtgen Group
- VOLVO
- Atlas Copco
- CAT
- FAYAT
- SUMITOMO
- ST Engineering
- HANTA
- XCMG
- SANY
- JiangSu Huatong Kinetics
- ZOOMLION
- SCMC
- Tsun Greatwall
- Xinzhu Corporation
- CCCC XI'AN ROAD
- DingshengTiangong
- LiuGong
Highlights of The Paving Equipment 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:
- Mechanical Pavers
- Hydrostatic Pavers
- By Application:
- Personal Farm
- Rent
- 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 Paving Equipment 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?
Paving equipment is a machine that is used to smooth out the surface of a road or other area. This can be done by using a roller, vibrating plate, or other type of device.
Some of the major companies in the paving equipment market are Wirtgen Group, VOLVO, Atlas Copco, CAT, FAYAT, SUMITOMO, ST Engineering, HANTA, XCMG, SANY, JiangSu Huatong Kinetics, ZOOMLION, SCMC, Tsun Greatwall, Xinzhu Corporation, CCCC XI'AN ROAD, DingshengTiangong, LiuGong.
The paving equipment market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paving Equipment 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. Paving Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Paving Equipment Market - Supply Chain
4.5. Global Paving Equipment Market Forecast
4.5.1. Paving Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Paving Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Paving Equipment Market Absolute $ Opportunity
5. Global Paving Equipment 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. Paving Equipment Market Size and Volume Forecast by Type
5.3.1. Mechanical Pavers
5.3.2. Hydrostatic Pavers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Paving Equipment 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. Paving Equipment Market Size and Volume Forecast by Application
6.3.1. Personal Farm
6.3.2. Rent
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Paving Equipment 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. Paving Equipment 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 Paving Equipment 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. Paving Equipment 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 Paving Equipment Demand Share Forecast, 2019-2026
9. North America Paving Equipment 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 Paving Equipment 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 Paving Equipment Market Size and Volume Forecast by Application
9.4.1. Personal Farm
9.4.2. Rent
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Paving Equipment Market Size and Volume Forecast by Type
9.7.1. Mechanical Pavers
9.7.2. Hydrostatic Pavers
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 Paving Equipment Demand Share Forecast, 2019-2026
10. Latin America Paving Equipment 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 Paving Equipment 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 Paving Equipment Market Size and Volume Forecast by Application
10.4.1. Personal Farm
10.4.2. Rent
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Paving Equipment Market Size and Volume Forecast by Type
10.7.1. Mechanical Pavers
10.7.2. Hydrostatic Pavers
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 Paving Equipment Demand Share Forecast, 2019-2026
11. Europe Paving Equipment 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 Paving Equipment 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 Paving Equipment Market Size and Volume Forecast by Application
11.4.1. Personal Farm
11.4.2. Rent
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Paving Equipment Market Size and Volume Forecast by Type
11.7.1. Mechanical Pavers
11.7.2. Hydrostatic Pavers
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 Paving Equipment Demand Share, 2019-2026
12. Asia Pacific Paving Equipment 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 Paving Equipment 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 Paving Equipment Market Size and Volume Forecast by Application
12.4.1. Personal Farm
12.4.2. Rent
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Paving Equipment Market Size and Volume Forecast by Type
12.7.1. Mechanical Pavers
12.7.2. Hydrostatic Pavers
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 Paving Equipment Demand Share, 2019-2026
13. Middle East & Africa Paving Equipment 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 Paving Equipment 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 Paving Equipment Market Size and Volume Forecast by Application
13.4.1. Personal Farm
13.4.2. Rent
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Paving Equipment Market Size and Volume Forecast by Type
13.7.1. Mechanical Pavers
13.7.2. Hydrostatic Pavers
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 Paving Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Paving Equipment Market: Market Share Analysis
14.2. Paving Equipment Distributors and Customers
14.3. Paving Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wirtgen Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VOLVO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Atlas Copco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CAT
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FAYAT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SUMITOMO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ST Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HANTA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. XCMG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SANY
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JiangSu Huatong Kinetics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ZOOMLION
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SCMC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tsun Greatwall
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Xinzhu Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CCCC XI'AN ROAD
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. DingshengTiangong
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. LiuGong
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
