Global Asphalt Pavers Market Size study & Forecast, by Type (Tracked Pavers, Wheeled Pavers, and Screeds), by Paving Range (less than 1.5 m, 1.5 m to 2.3 m, 2.4 m to 2.55 m, and above 2.55m), and Regional Analysis, 2022-2029

Description

List of Tables

The global Asphalt Pavers Market is valued at approximately USD 2.38 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5 % over the forecast period 2022-2029. The asphalt paver is machinery that is utilized for road pavements. These machines have their unique roles to play and thus mark their existence in the construction of large areas of pavement. An asphalt paver is a self-propelled laydown machine having two main assemblies i.e., Tractor and screed used to spread hot mix asphalt. The Asphalt Pavers market is expanding because of factors such as the rising Smart Cities initiatives & growing government spending toward high-quality roads.

In June 2021, in comparison to its execution of 1,681 km in June 2020, the Ministry of Road Transport and Highways has built approximately 2,284 km of national highways. This justifies the government's massive development to improve India's mobility network. Furthermore, the government now intends to build approximately 65,000 km of national highways at a cost of Rs. 5.35 lakh crore by the end of FY 2022. Also, in April 2021, under geopolitical considerations, the Chinese government planned to expand its reach in Bangladesh through the Belt and Road Initiative. Beijing has proposed an RMB 7.26 million road development project for this project to enter Bangladeshi roadways. Whereas rising highway construction and favorable initiatives by market players create lucrative opportunities for the market. However, heavy machinery cost hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Asphalt Pavers Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing government initiatives and spendings towards smart cities, and the growing requirement for road connectivity from cities to towns. Also, Asia Pacific is expected to grow with the highest growth rate during the forecast period, owing to factors such as increasing investment by various nations across the region in high quality road construction

Major market players included in this report are:

Volvo Construction Equipment

Caterpillar Inc

Fayat Group

Ammann Group

Astec Industry

XCMG Construction Machinery Co. Ltd.

Zoomlion Heavy Machinery Co Ltd

Leeboy Inc.

Sumitomo IHI Construction Machinery Co. Ltd.

Recent Developments in the Market:

In January 2022, Royal BAM, a Dutch civil engineering company, unveiled a fully electric asphalt spreading road paver that emits less than 115,000 grammes of nitrous oxide and 93,000 kg of carbon dioxide when compared to bio-diesel variants.
In November 2021, XCMG Road Machinery launched Sky Mirror HD+ under its new global brand. Under its product line, the company offered high-end products designed for high-grade asphalt pavement applications, which included asphalt plants, graders, milling machines, pavers, and road rollers.

Global Asphalt Pavers Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Paving Range, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Type:

Tracked Pavers

Wheeled Pavers

Screeds

By Paving Range:

Less than 1.5 m

1.5 m to 2.3 m
2.4 m to 2.55 m

Above 2.55 m

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

ROLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Asphalt Pavers Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Asphalt Pavers Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Asphalt Pavers Market, by Paving Range, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Asphalt Pavers Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Asphalt Pavers Market Dynamics

3.1. Asphalt Pavers Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising Smart Cities initiatives
  - 3.1.1.2. Growing government spending toward high-quality roads
- 3.1.2. Market Challenges
  - 3.1.2.1. Heavy machinery cost
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising highway construction
  - 3.1.3.2. Favourable initiatives by market players

Chapter 4. Global Asphalt Pavers Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Asphalt Pavers Market, by Type

6.1. Market Snapshot
6.2. Global Asphalt Pavers Market by Type, Performance - Potential Analysis
6.3. Global Asphalt Pavers Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Asphalt Pavers Market, Sub Segment Analysis
- 6.4.1. Tracked Pavers
- 6.4.2. Wheeled Pavers
- 6.4.3. Screeds

Chapter 7. Global Asphalt Pavers Market, by Paving Range

7.1. Market Snapshot
7.2. Global Asphalt Pavers Market by Paving Range, Performance - Potential Analysis
7.3. Global Asphalt Pavers Market Estimates & Forecasts by Paving Range 2019-2029 (USD Billion)
7.4. Asphalt Pavers Market, Sub Segment Analysis
- 7.4.1. Less than 1.5 m
- 7.4.2. 1.5 m to 2.3 m
- 7.4.3. 2.4 m to 2.55 m
- 7.4.4. Above 2.55 m

Chapter 8. Global Asphalt Pavers Market, Regional Analysis

8.1. Asphalt Pavers Market, Regional Market Snapshot
8.2. North America Asphalt Pavers Market
- 8.2.1. U.S. Asphalt Pavers Market
  - 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Paving Range breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Asphalt Pavers Market
8.3. Europe Asphalt Pavers Market Snapshot
- 8.3.1. U.K. Asphalt Pavers Market
- 8.3.2. Germany Asphalt Pavers Market
- 8.3.3. France Asphalt Pavers Market
- 8.3.4. Spain Asphalt Pavers Market
- 8.3.5. Italy Asphalt Pavers Market
- 8.3.6. Rest of Europe Asphalt Pavers Market
8.4. Asia-Pacific Asphalt Pavers Market Snapshot
- 8.4.1. China Asphalt Pavers Market
- 8.4.2. India Asphalt Pavers Market
- 8.4.3. Japan Asphalt Pavers Market
- 8.4.4. Australia Asphalt Pavers Market
- 8.4.5. South Korea Asphalt Pavers Market
- 8.4.6. Rest of Asia Pacific Asphalt Pavers Market
8.5. Latin America Asphalt Pavers Market Snapshot
- 8.5.1. Brazil Asphalt Pavers Market
- 8.5.2. Mexico Asphalt Pavers Market
- 8.5.3. Rest of Latin America Asphalt Pavers Market
8.6. Rest of The World Asphalt Pavers Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Volvo Construction Equipment
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Caterpillar Inc
- 9.2.3. Fayat Group
- 9.2.4. Ammann Group
- 9.2.5. Astec Industry
- 9.2.6. XCMG Construction Machinery Co. Ltd.
- 9.2.7. Zoomlion Heavy Machinery Co Ltd
- 9.2.8. Leeboy Inc.
- 9.2.9. Sumitomo IHI Construction Machinery Co. Ltd.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Asphalt Pavers Market, report scope
TABLE 2. Global Asphalt Pavers Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Asphalt Pavers Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Asphalt Pavers Market estimates & forecasts by Paving Range 2019-2029 (USD Billion)
TABLE 5. Global Asphalt Pavers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Asphalt Pavers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Asphalt Pavers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Asphalt Pavers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Asphalt Pavers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Asphalt Pavers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Asphalt Pavers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Asphalt Pavers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Asphalt Pavers Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Asphalt Pavers Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Asphalt Pavers Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Asphalt Pavers Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Asphalt Pavers Market
TABLE 70. List of primary sources, used in the study of global Asphalt Pavers Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Asphalt Pavers Market, research methodology
FIG 2. Global Asphalt Pavers Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Asphalt Pavers Market, key trends 2021
FIG 5. Global Asphalt Pavers Market, growth prospects 2022-2029
FIG 6. Global Asphalt Pavers Market, porters 5 force model
FIG 7. Global Asphalt Pavers Market, pest analysis
FIG 8. Global Asphalt Pavers Market, value chain analysis
FIG 9. Global Asphalt Pavers Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Asphalt Pavers Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Asphalt Pavers Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Asphalt Pavers Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Asphalt Pavers Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Asphalt Pavers Market, regional snapshot 2019 & 2029
FIG 15. North America Asphalt Pavers Market 2019 & 2029 (USD Billion)
FIG 16. Europe Asphalt Pavers Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Asphalt Pavers Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Asphalt Pavers Market 2019 & 2029 (USD Billion)
FIG 19. Global Asphalt Pavers Market, company Market share analysis (2021)