Press release
Road Roller Market to reach USD 3.47 Bn by 2029, emerging at a CAGR of 4.9 percent and forecast (2022-2029)
Road Roller
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https://www.maximizemarketresearch.com/market-report/global-automotive-road-roller-market/69376/
Road Roller Market Report Scope and Research Methodology:
Road rollers, also known as roller-compactors, play a vital role in the construction of roads, foundations, and agricultural applications, ensuring proper compaction of soil, gravel, concrete, or asphalt. The market is dominated by the Pneumatic-tired Rollers segment, according to the Market Research Report (MMR).
The comprehensive analysis of the Road Roller Market presented in the report aims to provide stakeholders with valuable insights. The report covers the past and current status of the industry, along with forecasted market size and trends. A dedicated study of key players, including market leaders, followers, and new entrants, is presented. The report incorporates analytical tools such as PORTER's Five Forces and PESTEL analysis to assess the market dynamics and structure.
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Road Roller Market Dynamics:
Industrial growth and increasing investments in infrastructure projects have influenced the demand for road rollers in the construction sector, including residential and non-residential buildings, bridges, roads, highways, and airports. Project contractors and device manufacturers working with military defense services are also contributing to the market by supplying road rollers for immediate construction needs.
Despite the limitations imposed by the COVID-19 pandemic on industrial and construction activities, the usage and demand for road rollers in the defense industry have continued to grow steadily. Large-scale military construction projects, such as the building of bridges and highways, drive the need for road rollers in this sector.
The global construction equipment sales have witnessed a significant increase, with a 27 percent rise in 2021, reaching 894,000 units. This represents the highest level since 2021 and shows a remarkable improvement compared to 2015 and 2016. The Chinese market, which experienced a boom and bust cycle in recent years, saw a dramatic rebound in equipment sales, driven by new infrastructure projects. India also maintains a strong performance in the construction equipment market.
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Road Roller Market Regional Insights:
The Asia Pacific region, particularly India and China, is witnessing rapid growth in the building, military, and industrialization sectors. With extensive road networks and significant infrastructure development, there is a substantial demand for road rollers in these countries. Other Asian economies like South Korea, Indonesia, and Malaysia are also experiencing increased government spending on military and infrastructure, contributing to the demand for road rollers.
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Road Roller Market Segmentation
By Horsepower:
• Less Than 40HP
• More Than 40HP
By End Use:
• Single Drum
• Pneumatic-tired Rollers
• Tandem Drum Rollers
Purchase Report:
https://www.maximizemarketresearch.com/market-report/global-automotive-road-roller-market/69376/
Road Roller Market Key Competitors include:
• WIRTGEN
• Caterpillar
• Bomag
• XCMG
• Case
• Sakai Heavy Industries.
• JCB
• Dynapac
• Volvo
• Shantui
• Liugong Machinery
• Ammann
• Sany
• XGMA
• SINOMACH
• Luoyang Lutong
• Jiangsu Junma
• DEGONG
Table of Content for Road Roller Market
1. Global Road Roller Market: Research Methodology
2. Global Road Roller Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Road Roller Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Road Roller Market Segmentation
• Global Market, by Horsepower (2021-2029)
• Global Market, by End Use (2021-2029)
5. Regional Road Roller Market (2021-2029)
• Regional Market, by Horsepower (2021-2029)
• Regional Market, by End Use (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Horsepower and End Use
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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