Compaction Machines Market to Showcase Healthy Expansion at 6.2% CAGR During 2015 - 2025
Increasing investment in infrastructure development and new road development and maintenance is fuelling demand for compaction machines globally. It is projected that the total investment in infrastructure activities would account between 3.5% and 4% of the global GDP by the end of 2030. Investment in road development and maintenance is forecasted to account for 28% of the total investment made between 2015 and 2025. Furthermore, focus on developing smart cities, runaways, and dams is further expected to boost demand.
Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1064
Product-wise, the market is segmented into heavy compaction machine and light compaction machine. Heavy compaction machines are further sub-segmented into single drum roller, heavy tandem roller, and pneumatic roller. Light compaction machines segment, is sub-segmented into light tandem roller, hand operated machines, and trench roller. As far as unit sales are concerned, the light compaction machines segment account for approximately 85% share of the overall market in terms of unit sales, and is likely to dominate the market by the end of 2025, with the rising adoption in footpaths, road, and highway maintenance.
Region-wise, Western Europe and Asia Pacific represented prominent markets for compaction machines globally in 2014. In terms of market value, the compaction machine market in developing countries of Asia Pacific is collectively projected to expand at a CAGR of 7.6%, with major Asian economies such as India and China playing a major role. However, in term of unit sales, Western Europe dominates with more number of unit sales in the light compaction machinery segment. The Asia Pacific region is expected to be the largest compaction machine market in terms of value by 2025 end, followed by Western Europe and North America.
As per the ongoing trend in the market, the intelligent compaction machines with display, sensors and telematics are being included in most of the key players’ product offerings. Currently, the heavy compaction machinery’s rental penetration and secondary sales market is growing significantly. However, this trend is expected to pose a major challenge for new equipment sales.
Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/askus/rep-gb-1064
Key companies in the compaction machines market include XCMG Co. Ltd, Wacker Neuson SE, Terex Corporation, Atlas Copco, Volvo Construction Equipment - Volvo CE, Caterpillar Inc., BOMAG GmbH, Zoomlion Heavy Industries Science and Technology Co Ltd, Wirtgen Group and Sany Heavy Industries Co Ltd. Currently, global players account for over two-thirds of global revenues, however, in the future, new entrants to the market are expected to gain traction.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Compaction Machines Market to Showcase Healthy Expansion at 6.2% CAGR During 2015 - 2025 here
News-ID: 978633 • Views: 217
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Compaction
Soil Compaction Machines Market: Latest Trends, Demand and Analysis 2028
Key Insights Soil Compaction Machines Market Reflects Consolidation of Prominent Players The soil compaction machines market is dominated by tier 1 and tier 2 players owing to its capital intensive nature. Prominent players occupy the largest market share with their superiority in production capacity and premium service delivery. In addition, big ticket construction projects prefer collaboration of construction equipment companies with significant market presence. As tier 1 and tier 2 players capture
Compaction Machines Market Report 2018: Segmentation by Type (Heavy compaction m …
Global Compaction Machines market research report provides company profile for Zoomlion, Atlas, Wirtgen, Sany, Volvo, Caterpillar, Terex, BOMAG, Wacker Neuson, XCMG and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Global Compaction Machines Industry Assessment & Opportunity Forecast till 2025
Market Research Reports Search Engine (MRRSE) has been acting as an impressive data source when it comes to evaluating various industrial verticals. The research report titled “Compaction Machines Market“Offers a clear insight about the "Automotive" assessed over the global platform. This analysis proves beneficial for readers & new investors who are aiming to enter the market for "Automotive" in the near future. Get Free Sample Copy of Report @ https://www.mrrse.com/sample/1460 A compaction
Compaction Machines Market Estimated to Exhibit 6.2% CAGR through 2025
Future Market Insights (FMI), in its latest report titled “Compaction Machines Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”, has projected the global compaction machines market to expand at a steady CAGR of 6.2% in terms of revenue during the forecast period 2015–2025. The compaction machines market is estimated to reach US$ 3,444.3 Mn by the end of 2015, and 6,310.7 Mn by the end of 2025. Increasing investment
Global Continuous Compaction Control Systems Market – A Detailed Growth Analys …
Qyresearchreports include new market research report Global Continuous Compaction Control Systems Market Size, Status and Forecast 2022 to its huge collection of research reports. The global Continuous Compaction Control Systems market has been meticulously elaborated in this report with the help of cutting-edge primary and secondary research performed using the best of techniques and the best-in-class analysts. The report has arrived at important trends used to forecast the anticipated revenue to
Global Compaction And Paving Equipments Market Research Report 2017
In this report, the global Compaction and Paving Equipments market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Compaction and Paving Equipments in these regions, from 2012