Global Soil Compaction Machine Market Will Reach A Valuation Of Us$ 9 Bn Mark By 2028

As smart city developments and construction activities proliferate, they are setting the tone for the growth of the soil compaction market. Soil compaction machines are essential for any type of construction, thus necessitating their use, their consumption remaining unabated in the coming years. Fact.MR says demand for soil compaction machines is expected to grow ~1.4 times over the next decade thus propelling the market to reach US$ 9 Bn mark by the end of the forecast period.

Road infrastructure is one of the key areas of government focus, and close to 35% of global infrastructure investment is likely to be diverted towards this. With government initiatives such as loans, an increase in investments, subsidies, and FDI, the construction of commercial spaces is increasing day by day. Furthermore, rise in population coupled with high demand growth for residential areas will also bolster the growth of soil compaction machines market.

Request a Free Sample: https://www.factmr.com/connectus/sample?flag=S&rep_id=1978

Key Takeaways of Soil Compaction Machines Market

Heavy compaction machines segment contributed 4X more revenue than light compaction machines in 2018. It is likely to maintain its lead over the forecast duration.

Single drum rollers accounted for nearly half of the market size in the global soil compaction market in 2018. Also, the single drum rollers segment is estimated to grow by witnessing a slight decline owing to the growing preferences for other machinery such as pneumatic rollers and heavy tandem rollers.

Fact.MR says that the demand for light compaction machines is expected to grow ~1.5 times over the next decade on the back of increased demand for asphalt-based roads.

With an increase in road network projects in developing countries such as China and India, manufacturers are engaged in promulgating soil compaction machines to increase sales in the region. Thus Asia Pacific is anticipated to grow at a value CAGR of 5% during the forecast period.

High Adoption in the Offing, with Attractive Financing Options

The rental business associated with soil compaction machines becomes the key trend among different construction areas including commercial, residential, and high-rise building projects. As these machines require a substantial initial investment, manufacturers are offering attractive financing options to increase their sales figures. For instance - flexible payment terms will help bolster sales. The increasing availability of financing has enabled construction industries in purchasing soil compaction machines without any significant impact on their budget.

Connect To an Expert: https://www.factmr.com/connectus/sample?flag=AE&rep_id=1978

Key Segments of the Soil Compaction Machines Market

Fact.MR's study on the soil compaction machines market offers information divided into two important segments - product, and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

By Product :
Heavy Compaction Machines
Heavy Tandem Rollers
5-8 Tons
8-11 Tons
>11 Tons
Single Drum Rollers
3-5 Tons
5-8 Tons
8-12 Tons
12-15 Tons
>15 Tons
Pneumatic Rollers
Light Compaction Machines
Hand Operated Machines
Rammers
Vibratory Plates,(forward)
Vibratory Plates,(reverse)
Walk Behind Rollers
Light Tandem Rollers

US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Blog URL: https://blog.factmr.com/

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Reach out to us with your goals, and we'll be an able research partner.

This release was published on openPR.