Global Paver Market Growth 2023-2029

Global Paver Market Growth 2023-2029

A paver (paver finisher, asphalt finisher, paving machine) 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 “Paver Industry Forecast” looks at past sales and reviews total world Paver sales in 2022, providing a comprehensive analysis by region and market sector of projected Paver sales for 2023 through 2029. With Paver sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paver industry.

This Insight Report provides a comprehensive analysis of the global 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 Paver portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Paver market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Paver.

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

Global Paver key players include VOLVO, Atlas Copco, SUMITOMO, Wirtgen Group, XCMG, etc. Global five manufacturers hold a share over 40%.

China is the largest market, with a share about 35%, followed by Europe and Japan, both have a share about 45%.

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

Market Segmentation:

Segmentation by type

Mechanical Pavers

Hydrostatic Pavers

Segmentation by application

Residential

Commercial

Industrial

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.

Wirtgen Group

VOLVO

Atlas Copco

CAT

FAYAT

SUMITOMO

ST Engineering

HANTA

XCMG

SANY

JiangSu Huatong Kinetics

ZOOMLION

SCMC

Tsun Greatwall

Xinzhu Corporation

CCCC XI'AN ROAD

DingshengTiangong

LiuGong

Key Questions Addressed in this Report

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

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

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

How do Paver market opportunities vary by end market size?

How does 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.