Concrete paving machines are multipurpose machines, particularly used in building concrete roads, sidewalks, and pavements. These are self-operating machines that have auger, a screed, and a hopper. Paving machines play a significant role in the pavement and road construction industry since the past few years. These machines are employed across a wide number of building projects ranging from road constructions to tunnel and bridges. Paving machines can operate several types of construction materials such as concrete, bricks, asphalt, and solid blocks. The concrete paving equipment with the latest network communications system technology enables easy, two-way communication between all accessories and G+ controller, as well as the other smoothness indicator technology is said to have significant growth for the concrete paving equipment market. G+ concrete controller is used in the conventional Roller compacted concrete(RCC). RCC is used in many applications like airports, storage, industrial, and military facilities. The paving machine market is segmented by product type into heavy concrete placing and light concrete placing equipment. Different augers, hoppers, and screen layers are used for each type of equipment. Similarly, other systems such as guides, vibrators, screed crowns and conveyer systems also vary with respect to the area to be paved. Light concrete placing equipment are easy to transport; however, they cannot pave large horizontal roads. Heavy concrete paving equipment are able to pave large horizontal roads. Concrete placing equipment find applications in various sectors, such as road constructions and airport barriers. These equipment are operated on fuel type such as gasoline and diesel.
Concrete placing equipment makes use of variety of technologies and applications aimed at time saving and are easy to use. The G+ connect system and GSI technology have become choice for new construction projects across the globe. These machines use two lift paving methods for less costly usage or recycling components in the smaller lifts. Concrete placing equipment offer various advantages such as pavement noise reduction, skidding impact, and durability of equipment, which in turn fuels the growth of the concrete placing equipment industry. The concrete placing equipment market is largely driven by the increase in spending on road construction. Increase in population, rapid urbanization,significant amount of investment, and increase in industrialization in construction sectors are the factors that provide lucrative opportunities for the growth of the concrete placing equipment market all over the globe. Countries such as India, Japan, Australia, China, Italy, U.S., and Germany have huge road networks to connect major countries and cities. This massively optimizes the cost of transportation, connecting cities, and improving trade.Roads are lifelines in emergency situations, and well-spanned road network improves trade. However, different governments have started being lenient on implying rules and regulations on use of concrete placing equipment owing to the increase in applications of concrete equipment in the construction industry. This boosts the presence of construction companies in countries such as the U.S., UK, UAE, China, India, and Japan to invest in concrete equipment working for construction and real estate industries. Thus, leading to rapid increase in dependency on concrete in the construction industry. In addition, newly developed cost-effective concrete placing equipment carrying highly advanced technology is expected to drive the growth of the concrete placing equipment market.
The global concrete placing equipment market is segmented into product type, application, fuel type, and region. By product type, it is bifurcated into heavy concrete placing equipment and light concrete placing equipment. By application, it is classified into road constructions, building, airport, highway barrier, and city public works. By fuel type, it is categorized into diesel and gasoline. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key players operating in the concrete placing equipment market include Apollo Inffratech, Astec Industries, Atlas Copco Group, BELL Equipment, BEML, Deere, Komatsu, Caterpillar, Terex, and ALLEN ENGINEERING.
Key Benefits
The study provides an in-depth analysis of the current & future trends of the concrete placing equipment market to elucidate imminent investment pockets.
Information about key drivers, restraints, opportunities, and their impact analysis on the market has been provided.
Porter’s five forces analysis illustrates the potency of buyers & suppliers that operate in the industry.
The quantitative analysis of the concrete placing equipment market has been provided to determine the market potential.
Concrete Placing Equipment Market Report Highlights
| Aspects | Details |
 By Product Type |
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 By Application |
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 By Fuel Type |
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 By Region |
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 Key Market Players | Astec Industries, Apollo Inffratech, Komatsu, Caterpillar, Deere, ALLEN ENGINEERING, BELL Equipment, Terex, BEML, Atlas Copco Group |
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