Press release
Asphalt Paver Market Growing Popularity Emerging Trends 2028 - AB Volvo, Ammann Group, Astec Industries, BOMAG GmbH, Caterpillar, Fayat Group and LeeBoy
Asphalt Paver Market
Asphalt pavers are the equipment that is used to place asphalt on the roads, bridges, parking lots, etc. Increasing constructional activity worldwide coupled with the heavy expenditure on the road and highway maintenance drives the growth of the asphalt paver market. Moreover, increasing focus on developing energy-efficient, user-friendly, and low-emission construction equipment also positively impacts the growth of the asphalt paver market.
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Rapid expansion of highways, expansions of road networks in rural areas, an increasing number of mega highways projects across the globe is the prime factor driving the growth of the asphalt paver market during the forecast period. Growing urbanization, continuously rising road traffic will require continuous construction and improvement of roads, highways in ruler as well as an urban area that also influences the asphalt paver market growth. Furthermore, a rise in spending by the government on infrastructural development is expected to fuel the demand for the asphalt paver market.
Top Dominating Key Players:
1. AB Volvo
2. Ammann Group
3. Astec Industries, Inc. (Roadtec)
4. BOMAG GmbH
5. Caterpillar Inc.
6. Fayat Group
7. LeeBoy
8. SANY Group
9. SUMITOMO CONSTRUCTION MACHINERY CO.,LTD.
10. WIRTGEN GROUP
Market Segmentation :
The global asphalt paver market is segmented on the basis of type, paving width. On the basis of type the market is segmented as wheeled asphalt pavers, tracked asphalt pavers. On the basis of paving width the market is segmented below 2.5 meter, 2.5 meter to 5 meter, above 5 meter.
Key Benefits:
To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Asphalt Paver Market.
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Asphalt Paver Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Asphalt Paver Market segments and regions.
Scope of the study:
The research on the Asphalt Paver Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Asphalt Paver Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
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Reasons to Buy the Report:
Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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