openPR Logo
Press release

Global Compaction Machines Industry Assessment & Opportunity Forecast till 2025

03-26-2018 02:57 PM CET | Industry, Real Estate & Construction

Press release from: MRRSE

MRRSE

MRRSE

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 machine is a type of a mechanical device that is used to compact or reduce the size of the soil, gravel, trash, concrete or asphalt used in the construction of roads, dams and airports, and in other construction related activities. Road rollers or compactors normally use the weight of the vehicle to compact the surface being rolled or use its mechanical advantage through vibration by getting enough power from its engine. Compaction machine plays an essential role in a wide range of road construction projects. Streets and highways, airport runways and most types of structures cannot be built without proper compaction of base material under paved surfaces.

The compaction machines market, globally, is estimated to reach US$ 3,443.3 Mn by the end of 2015, and is projected to expand at a stable CAGR of 6.2% to reach 6,310.7 Mn by the end of the forecast period. In terms of unit sales, it is estimated that, globally, 342,639 units of new compaction machines would be sold by the end of 2025. Asia Pacific dominates the market in terms of value currently, accounting for about 40% market share due to higher volume sales of heavy compaction machinery in the region. However, Western Europe is expected to dominate the market in terms of unit sales, over the forecast period garnering more demand for light compaction machines.

Drivers, Restraints & Trends

There has been significant investment being made in infrastructure globally, with rise in the number of paved roads, which in turn is expected to fuel the market for compaction machines over the forecast period. Investment in road maintenance and development alone is expected to account for approximately 28% of the overall infrastructure investment made during the forecast period. Furthermore, increasing demand for smart cities, new construction projects and building dams and airport runways, in turn, is expected to boost the demand for compaction machinery over the forecast period. Intelligent compaction, including sensors, displays and telematics is the trend observed in the global compaction machines market currently. The financing industry for heavy compaction machines is expected to expand at a CAGR of over 15% during the forecast period, with leading private and central banks taking initiatives to finance heavy machinery by way of leases or loans. Moreover, European manufacturers are increasingly catering to the dynamic market in Asia Pacific through mergers and acquisitions. 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. Apart from this, delay in project clearances, globally, along with low labour productivity, are some of the other challenges faced by the global compaction machines market.

Analysis by Product

On the basis of product type, the global compaction machine market is segmented into two major segments, namely heavy compaction machines and light compaction machines. The heavy compaction machines segment is further sub-segmented into heavy tandem roller, single drum roller and pneumatic roller. The light compaction machines segment, on the other hand, is sub-segmented into hand operated machines, light tandem roller and trench roller. The global compaction machine market accounted for about 4% share of the overall construction equipment market in 2014, with 42.8% revenue share of the market held by the single drum roller segment alone. Heavy tandem roller, single drum roller and light tandem roller are further broken down into various categories, by weight (tonne). Hand operated machines include rammer, vibratory plates (forward), vibratory plates (reverse) and walk behind roller. In terms of unit sales, the light compaction machines segment currently accounts for about 85% market share in terms of sales and is likely to dominate the overall market by the end of 2025, in view of the increasing importance of these machines in road, footpaths and highway maintenance. The heavy compaction machines segment is anticipated to grow at a high rate as compared to the light compaction machines segment.

Key Players

Key players in the global compaction machines market include Volvo Construction Equipment - Volvo CE, Caterpillar Inc., Terex Corporation, BOMAG GmbH, Wacker Neuson SE, XCMG Co. Ltd, Zoomlion Heavy Industries Science and Technology Co Ltd, Atlas Copco, Wirtgen Group and Sany Heavy Industries Co Ltd. Even though global players account for more than 75% share of the global compaction machines market, small and unorganised market players are anticipated to have a huge role to play during the forecast period.

Outlook Complete Report with TOC @ https://www.mrrse.com/compaction-machines-market

About MRRSE

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
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 Global Compaction Machines Industry Assessment & Opportunity Forecast till 2025 here

News-ID: 992637 • Views: 185

More Releases from MRRSE

Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision. Get Brochure of The Report @ https://www.mrrse.com/sample/3234 Chapter 01 – Executive Summary The
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision. Chapter 01 – Executive Summary The report commences with the executive summary of the
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement. This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also

All 5 Releases


More Releases for Heavy

Medium & Heavy Trucks in Spain
ReportsWorldwide has announced the addition of a new report title Medium & Heavy Trucks in Spain to its growing collection of premium market research reports. Medium & Heavy Trucks in Spain industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Medium & Heavy Trucks in Singapore
ReportsWorldwide has announced the addition of a new report title Medium & Heavy Trucks in Singapore to its growing collection of premium market research reports. Medium & Heavy Trucks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Medium & Heavy Trucks in Russia
ReportsWorldwide has announced the addition of a new report title Medium & Heavy Trucks in Russia to its growing collection of premium market research reports. Medium & Heavy Trucks in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Medium & Heavy Trucks in China
ReportsWorldwide has announced the addition of a new report title Medium & Heavy Trucks in China to its growing collection of premium market research reports. Medium & Heavy Trucks in China industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Heavy Power Surgical Tools Market
Heavy power surgical tools market is experiencing upward trajectory growth, presenting opportunities for medical device manufacturers worldwide. Despite the ongoing slowdown industry has witnessed owing to Great Recession, market is expected to create good market opportunities to players driven by increased healthcare spending and increasing number of orthopedic cases worldwide. Heavy duty surgical tools are used during orthopedic surgeries that help in reliving the traumatic pain. Though the market was
Global Liquified Natural Gas Tanker Market 2017 : Samsung Heavy Industries, Mits …
A market study based on the "Liquified Natural Gas Tanker Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Liquified Natural Gas Tanker Market 2017’. The research report analyses the historical as well as present performance of the worldwide Liquified Natural Gas Tanker industry, and makes predictions on the future status of Liquified Natural Gas Tanker market on the basis of this analysis. Get Free