Dublin, April 14, 2021 (GLOBE NEWSWIRE) – Asphalt Pavers Market Share, Size, Trends, Industry Analysis Report by Product Type, Screed Type, Operating Weight, Paving Width, Regions, Segment Forecast, 2020-2027 “report was added ResearchAndMarkets.com Offer.
The global Asphalt Pavers market size is projected to reach $ 1,410.03 million by 2027
China is focused on developing its western region. Accordingly, it has also announced various infrastructure projects for the Tibet region. India is mainly focused on expanding its transportation network by investing heavily in road and rail infrastructure. In addition, the country is focusing on improving the energy infrastructure through the construction of thermal, nuclear, wind and solar power plants.
Traffic has increased 150 times over the past 50 years, while roads have increased 9 times over the same period. Road quality in India is quite poor, resulting in annual economic losses of between $ 4 billion and $ 7 billion. The Indian construction machinery market has the potential to grow significantly due to the government’s focus on infrastructure development.
Smart paving refers to paving asphalt with asphalt pavers equipped with Global Positioning Systems (GPS) -based map sensors and optional feedback controls. It is one of the major advances in road construction and has been widely adopted by manufacturers in Europe and China.
In order to meet the changing requirements of the European market, combined with the increasing demand for a higher level of operator comfort and safety. Despite their smaller dimensions, manufacturers continue to improve the operator’s working environment by adding more comfort and safety features to their machines. For example, the newly introduced asphalt pavers from Hamm improve the greatest possible operator comfort, exceptionally good visibility and the highest possible operational safety.
Market participants such as Caterpillar, Sunroc Corporation, Astec Industry, Gencor Industries, Inc., Wirtgen Group, Volvo CE, Ammann, Sumitomo, Fayat Group, Sany, Zoomlion, VT Leeboy, Shantui and XCMG are some of the major players in this field operate the global market.
The story goes on
Market participants focus on mergers, acquisitions and technological advances to gain a competitive advantage in the market. For example, in July 2020, Gencor Industries announced a definitive agreement to acquire the paver business from Blaw Knox, the Pennsylvania, U.S.-based manufacturer of paver equipment.
Main topics covered:
3. Research methodology
3.2. Data sources
4. Insights into the asphalt paver market
4.1. Asphalt paver – industry snapshot
4.2. Market dynamics of asphalt pavers
4.2.1. Drivers and opportunities
18.104.22.168. Strong government funding
22.214.171.124. Introduction of new technologies
4.2.2. Limitations and challenges
126.96.36.199. Cost escalations
4.3. Porter’s Five Forces Analysis
4.4. PESTLE analysis
4.4.1. Asphalt Paver Market Industry trends
5. Market valuation of asphalt pavers by product type
5.1. Main results
5.3. Tracked Pavers
5.4. Paver on wheels
6. Global Screed-Type Asphalt Pavers Market
6.1. Main results
7. Global Asphalt Pavers Market by Operating Weight
7.1. Main results
7.3. 5000-8000 kg
7.4. 8000-12000 kg
7.5. 12000-15000 kg
7.6. Over 15,000 kg
8. Market valuation for asphalt pavers based on the width of the pavement
8.1. Main results
8.3. Up to 1.5 m
8.4. 1.5-2.5 m
8.5. 2.5-5 m
8.6. About 5 m
9. Market valuation of asphalt pavers by geography
9.1. Main results
9.2.1. Asphalt Pavers Market Valuation, by Geography, 2016-2027 ($ Mn)
10. Competitive landscape
10.1. Expansion and acquisition analysis
10.2. Partnerships / collaborations / agreements / exhibitions
11. Company profiles
11.1. Company overview
11.2. Financial performance
11.3. Product benchmarking
11.4. Recent developments
Please visit https://www.researchandmarkets.com/r/nmqivk for more information on this report
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