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Concrete and Road Construction Equipment Market Top Players 2021 - Deere, Komatsu, Caterpillar, Volvo, Terex

07-23-2018 02:00 PM CET | Industry, Real Estate & Construction

Press release from: ReportsWeb

Concrete and Road Construction Equipment

Concrete and Road Construction Equipment

Concrete and road equipment are construction devices that are used to mix various ingredients to manufacture and transport concrete and are used for road construction activities. Since the early 2000s, concrete has become one of the widely used artificial stones as a road building material because of the following reasons: High compressive strength, High durability, and Resistance to extreme weather conditions.

Analysts forecast the global concrete and road construction equipment market to grow at a CAGR of 3.69% during the period 2017-2021.

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Increase in number of smart cities will be one of the major factors that will have a positive impact on the growth of the market. This will be draw a large population to the urban areas and major metropolitan cities, which will increase the congestion in the cities. The increasing urban population has put a strain on existing urban services, such as public transport and road networks. This has led to the increase in number of smart cities to accommodate the increasing urban population. The majority of road networks in these smart cities are expected to have concrete paved roads since they can reduce the fuel consumption of vehicles. This will in turn, fuel the market’s growth prospects in the coming years.

Key vendors
-Deere
-Komatsu
-Caterpillar
-Volvo
-Terex

Other prominent vendors
-ALLEN ENGINEERING
-Apollo Inffratech
-Astec Industries
-Atlas Copco Group
-BELL Equipment
-BEML

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Market driver
-Increase in number of smart cities

Market challenge
-Weather and environmental conditions

Market trend
-Introduction of smart concrete materials

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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