Press release
Road Paver Market: Competitive Dynamics & Global Outlook 2023
A Road Paver (Road Paver finisher, asphalt finisher, paving machine) is a piece of construction equipment used to lay asphalt on roads, bridges, parking lots and other such places. It lays the asphalt flat and provides minor compaction before it is compacted by a roller.
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Global Road Paver Market: Forecast by Type / Application / Region
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Road Paver industry in oversupply for the past few years, as well as more and more companies enter into Road Paver industry, the current demand for Road Paver product is relatively weak, lack of demand, excess supply. Ordinary Road Paver products on the market do not sell well; Industrial Road Paver’s price is expected to be lower than past years.
Over the next five years, LPI(LP Information) projects that Road Paver will register a 0.7% CAGR in terms of revenue, reach US$ 2160 million by 2023, from US$ 2080 million in 2017.
Global Road Paver Market: Key Players
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
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Related Information:
United States Road Paver Market Research Report 2018
Europe Road Paver Market Research Report 2018
North America Road Paver Market Research Report 2018
Asia-Pacific Road Paver Market Research Report 2018
China Road Paver Market Research Report 2018
EMEA Road Paver Market Research Report 2018
Global Road Paver Market Research Report 2018
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