Road Marking Machine Market By Operation Type (Manual, Semi-Automatic/Fully Automatic), By Material Capacity (Less Than 100 Ltr, 100 Ltr - 250 Ltr, 251 Ltr - 750 Ltr, More Than 750 Ltr), By Distribution Channel (Online, Offline), By Application (Road, Car Park, Anti-Skid, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The report incorporates the study of the global road marking machine market that focuses on the infrastructural development of countries and emerging economies. The road marking machine is the equipment which is used for the application of paints or materials on road surfaces, pavements, concrete or asphalt to communicate information to motorists and pedestrians. Water-based paints, thermoplastic, MMA, polymer tape and epoxy resin are the most commonly used materials in road and floor marking. Depending on the country, region and purpose, road markings use a standard system of lines, colors, and marks to convey directions, lanes, zones, speed limits, parking, stopping and safety. Currently, the adoption of latest, precision road marking technologies that work most accurately even at changing speeds have long since had fully automatically regulated dosing modes and measurement technologies. For instance, in December 2020, MRL Equipment Company, Inc. launched MRL’s best-ever thermoplastic pump equipment which offers productive & smooth running for striping machines. This superior pump easily retrofits to any thermoplastic striper, that can rebuild it in place.
The factors such as rise in government spending on developing road infrastructure, rising number of accidents due to absence of road markings, and technological advancements are expected to drive the global road marking machine market. However, fluctuating raw material prices and conservative approach of road contractors are the factors expected to hamper the market growth. On the contrary, development of smart cities and emergence of autonomous vehicles are the factors creating lucrative opportunity for the key players operating in road marking machine market.
For the purpose of analysis, the global road marking machine market is segmented on the basis of operation type, material capacity, distribution channel, and application. By operation type, the market is divided into manual and semi-automatic/fully automatic. By material capacity, it is fragmented into less than 100 Ltr, 100 Ltr - 250 Ltr, 251 Ltr - 750 Ltr, and more than 750 Ltr. By distribution channel, it is categorized into online and offline. By application, it is further classified into road, car park, anti-skid, and other. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the road marking machine market are Advanced Striping Equipment, Automark, Borum, Dayu Road Marking Co., Ltd., EZ Liner, Hawk Pumps, HOFMANN, Graco Inc., M-B Companies, MRL Equipment Company, Inc., Nanjing Roadsky Traffic Facility Co., Ltd, Road Marking Equipment (RME), Road Marking Services, STiM, Tatu Highway Group Co., ltd., Titan Tool Inc., and Zhengzhou Dayu Machinery Co., Ltd.
Key Benefits For Stakeholders
This study presents analytical depiction of the global road marking machine market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall road marking machine market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global road marking machine market with a detailed impact analysis.
The current road marking machine market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry..
Key Market Segments
By Operation Type
Manual
Semi-Automatic/Fully Automatic
By Material Capacity
Less Than 100 Ltr
100 Ltr - 250 Ltr
251 Ltr - 750 Ltr
More Than 750 Ltr
By Distribution Channel
Online
Offline
By Application
Road
Car Park
Anti-Skid
Others
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Vietnam
Rest of Asia-Pacific
LAMEA
Africa
Latin America
Middle East
Key Market Players
RME
Road Maintenance Services Limited
STiM
TATU Traffic Group
Titan Tool Inc.
Zhengzhou Dayu Machinery Co., Ltd
Graco Inc.
MRL Equipment Co.
Advanced Striping Equipment
Automark Industries
BORUM A/S
Dayu Road Marking
EZ-Liner Industries
Hawk Pumps
HOFMANN
M-B Companies, Inc.
Nanjing Roadsky Traffic Facility Co.,Ltd.
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