Global Concrete Paving Equipment Market Growth 2023-2029
Concrete Paving Equipment refers to the self-propelled units used in the cement Concrete pavement construction. Concrete pavers encompass a range of types, including form-riding paving machines, curb-and-gutter machines, and slipform machines. The most widely used machine for paving concrete roadways is the mainline slipform paver, which extrudes a paved surface without the use of forms.
LPI (LP Information)' newest research report, the “Concrete Paving Equipment Industry Forecast” looks at past sales and reviews total world Concrete Paving Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Concrete Paving Equipment sales for 2023 through 2029. With Concrete Paving Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Concrete Paving Equipment industry.
This Insight Report provides a comprehensive analysis of the global Concrete Paving Equipment 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 Concrete Paving Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Concrete Paving Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Concrete Paving Equipment 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 Concrete Paving Equipment.
The global Concrete Paving Equipment market size is projected to grow from US$ 252.1 million in 2022 to US$ 332.8 million in 2029; it is expected to grow at a CAGR of 332.8 from 2023 to 2029.
In 2019, North America has the largest market share of Concrete Paving Equipment, accounting for about 43%, while Europe is the second-largest region-wise market (about 27%).
The main manufacturers are GOMACO, Wirtgen, Terex, Power Curbers & Power Pavers and Guntert & Zimmerman. The Top 5 took up about 64% of the global market in 2019.
Concrete Paving Equipment are mainly classified into the following types: Form-Riding Paving Machines, Curb-and-Gutter Machines, Slipform Machines and Others. Slipform Machines accounted for the largest part of the Sales market, with above 44% in 2019.
Concrete Paving Equipment have wide range of applications: Country and Municipal Road, Highway, Airport and Train Station, Bridge and Others. Country and Municipal Road consumed the largest part, with about 43% of the market share by sales revenue in 2019, followed by Highway (about 33%).
This report presents a comprehensive overview, market shares, and growth opportunities of Concrete Paving Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Form-Riding Paving Machines
Curb-and-Gutter Machines
Slipform Machines
Segmentation by application
Country and Municipal Road
Highway
Airport and Train Station
Bridge
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.
GOMACO
Wirtgen
Terex
Power Curbers & Power Pavers
Guntert & Zimmerman
Volvo
Miller Formless
XGMG
Allen Engineering Corporation
EASI-POUR
Xuzhou New Curber
HEM Paving Equipment
Key Questions Addressed in this Report
What is the 10-year outlook for the global Concrete Paving Equipment market?
What factors are driving Concrete Paving Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Concrete Paving Equipment market opportunities vary by end market size?
How does Concrete Paving Equipment 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.
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