Global Asphalt Paver Market Growth 2023-2029

Global Asphalt Paver Market Growth 2023-2029

Asphalt Pavers is a piece of construction equipment used to lay asphalt on roads, bridges, parking lots and other such places. It lays the asphalt flat and provides minor compaction before it is compacted by a roller.

LPI (LP Information)' newest research report, the “Asphalt Paver Industry Forecast” looks at past sales and reviews total world Asphalt Paver sales in 2022, providing a comprehensive analysis by region and market sector of projected Asphalt Paver sales for 2023 through 2029. With Asphalt Paver sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Asphalt Paver industry.

This Insight Report provides a comprehensive analysis of the global Asphalt Paver landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Asphalt Paver portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Asphalt Paver market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Asphalt Paver and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Asphalt Paver.

The global Asphalt Paver market size is projected to grow from US$ 1843 million in 2022 to US$ 2332.7 million in 2029; it is expected to grow at a CAGR of 2332.7 from 2023 to 2029.

As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Asphalt Pavers industry, there was short supply in the market from the past few years, more and more companies are entering into Asphalt Pavers industry, the current demand for Paver product is relatively low, lack of demand, excess supply. Ordinary Asphalt Pavers products on the market do not sell well; Industrial Asphalt Pavers’s price is lower than past years.

This report presents a comprehensive overview, market shares, and growth opportunities of Asphalt Paver market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Wheeled Asphalt Pavers
Tracked Asphalt Pavers

Segmentation by application
Highway
Urban Road
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Volvo
Caterpillar
Weiler
Zoomlion
Dynapac
Bomag
XCMG Construction Machinery Company
Sany Heavy Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Asphalt Paver market?

What factors are driving Asphalt Paver market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Asphalt Paver market opportunities vary by end market size?

How does Asphalt Paver break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.