Global Vibratory Plate Compactor Market Size Study & Forecast, by Type, By Power, By Application, and Regional Analysis, 2023-2030

Description

List of Tables

Global Vibratory Plate Compactor Market is valued approximately at USD 943.3 million in 2022 and is anticipated to grow with a growth rate of more than 5.8% over the forecast period 2023-2030. A vibratory plate compactor is a robust machine employed in construction and landscaping to compact soil, gravel, or asphalt effectively. Featuring a flat, vibrating plate, it applies downward force and rapid vibrations to settle loose materials firmly. This compaction technique is instrumental in establishing sturdy foundations for structures such as buildings, roads, or walkways, by minimizing air voids in the soil, enhancing its density, and load-bearing capacity. Moreover, vibrating plates offer versatility and numerous advantages, streamlining the compaction process and ensuring optimal outcomes. These plate compactors accelerate compaction procedures, significantly reducing time requirements. Leveraging powerful vibrating plates, they swiftly compact soil particles, diminishing air bubbles, and enhancing soil compaction. The efficient compaction facilitated by plate compactors facilitates swift project advancement on-site, enabling timely project completions within stringent deadlines. The growing need for regular maintenance and occasional repair, rapid urbanization and population growth, as well as stringent regulatory standards related to construction quality and environmental protection are the key factors that are bolstering the market demand across the globe.

In addition, the continuous growth of construction and infrastructure projects globally, spanning roads, highways, buildings, and airports, drives the demand for vibratory plate compactors as indispensable tools for soil compaction and foundation preparation. As per Statista, the construction (including commercial and residential infrastructure) industry spending is rising constantly, in 2021, the worldwide construction spending was valued at USD 12.9 trillion, which is projected to rise to USD 17.1 trillion by the year 2030. Thus, these aforementioned factors are propelling the growth of Vibratory Plate Compactor Market during the estimated period. Moreover, the continuous advancements in vibratory plate compactor technology, as well as growing popularity of the rental market present various lucrative opportunities over the forecast years. However, the high maintenance costs along with availability of alternatives are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Vibratory Plate Compactor Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 with largest market share owing to the rise in construction and infrastructure sectors in this vibrant and rapidly evolving area. Additionally, several countries across the Asia Pacific region are undergoing substantial infrastructure growth, marked by the construction of roads, highways, bridges, airports, and other public amenities. Vibratory plate compactors play a pivotal role in these initiatives, crucial for ground preparation and ensuring the durability of foundations in these expansive projects. Whereas, North America is expected to grow with the fastest CAGR over the forecast years. The diverse and dynamic construction and infrastructure sector in the region are significantly propelling the market demand across the region. As construction activities continue to advance and diversify, the need for effective compaction equipment is anticipated to endure. Furthermore, ongoing developments in commercial and industrial sectors, encompassing warehouses, manufacturing plants, and distribution centers, further drive demand for vibratory plate compactors in activities like site preparation and foundation compaction.

Major market players included in this report are:

Bopparder Maschinenbau-Gesellschaft mbH (Bomag) (Germany)
Caterpillar Inc. (U.S.)
Wacker Neuson SE (Germany)
MBW Inc. (U.S.)
Ammann Group (Switzerland)
Husqvarna Construction Products (Sweden)
Multiquip Inc. (U.S.)
Atlas Copco Group (Sweden)
Stanley Infrastructures LLC (U.S.)
Doosan Portable Power Inc. (U.S.)

Recent Developments in the Market:

In December 2023, The Ammann Group and Volvo Construction Equipment (Volvo CE) finalized an agreement whereby Ammann would acquire Volvo CE's global ABG Paver Business, encompassing ABG located in Hameln, Germany.
In July 2023, The Ammann Group unveiled the new Ammann eATR 68 Rammer, featuring electric-drive technology that produces zero emissions while offering a range of additional benefits.

Global Vibratory Plate Compactor Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Power, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
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 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 the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Electric
Gasoline

By Power:

Forward Plate Compactors
Reversible Plate Compactors

By Application:

Residential
Commercial
Industrial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1.Vibratory Plate Compactor Market, by region, 2020-2030 (USD Million)
- 1.2.2.Vibratory Plate Compactor Market, by Type, 2020-2030 (USD Million)
- 1.2.3.Vibratory Plate Compactor Market, by Power, 2020-2030 (USD Million)
- 1.2.4.Vibratory Plate Compactor Market, by Application, 2020-2030 (USD Million)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Vibratory Plate Compactor Market Definition and Scope

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

Chapter 3.Global Vibratory Plate Compactor Market Dynamics

3.1.Vibratory Plate Compactor Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Rapid growth of construction and infrastructure projects
  - 3.1.1.2.Stringent regulatory standards related to construction quality and environmental protection
- 3.1.2.Market Challenges
  - 3.1.2.1.High maintenance costs
  - 3.1.2.2.Availability of alternatives
- 3.1.3.Market Opportunities
  - 3.1.3.1.Continuous advancements in vibratory plate compactor technology
  - 3.1.3.2.Growing popularity of the rental market

Chapter 4.Global Vibratory Plate Compactor 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.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economic
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Vibratory Plate Compactor Market, by Type

5.1.Market Snapshot
5.2.Global Vibratory Plate Compactor Market by Type, Performance - Potential Analysis
5.3.Global Vibratory Plate Compactor Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4.Vibratory Plate Compactor Market, Sub Segment Analysis
- 5.4.1.Forward Plate Compactors
- 5.4.2.Reversible Plate Compactors

Chapter 6.Global Vibratory Plate Compactor Market, by Power

6.1.Market Snapshot
6.2.Global Vibratory Plate Compactor Market by Power, Performance - Potential Analysis
6.3.Global Vibratory Plate Compactor Market Estimates & Forecasts by Power 2020-2030 (USD Million)
6.4.Vibratory Plate Compactor Market, Sub Segment Analysis
- 6.4.1.Electric
- 6.4.2.Gasoline

Chapter 7.Global Vibratory Plate Compactor Market, by Application

7.1.Market Snapshot
7.2.Global Vibratory Plate Compactor Market by Application, Performance - Potential Analysis
7.3.Global Vibratory Plate Compactor Market Estimates & Forecasts by Application 2020-2030 (USD Million)
7.4.Vibratory Plate Compactor Market, Sub Segment Analysis
- 7.4.1.Residential
- 7.4.2.Commercial
- 7.4.3.Industrial

Chapter 8.Global Vibratory Plate Compactor Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Vibratory Plate Compactor Market, Regional Market Snapshot
8.4.North America Vibratory Plate Compactor Market
- 8.4.1.U.S. Vibratory Plate Compactor Market
  - 8.4.1.1.Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Power breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.Application breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Vibratory Plate Compactor Market
8.5.Europe Vibratory Plate Compactor Market Snapshot
- 8.5.1.U.K. Vibratory Plate Compactor Market
- 8.5.2.Germany Vibratory Plate Compactor Market
- 8.5.3.France Vibratory Plate Compactor Market
- 8.5.4.Spain Vibratory Plate Compactor Market
- 8.5.5.Italy Vibratory Plate Compactor Market
- 8.5.6.Rest of Europe Vibratory Plate Compactor Market
8.6.Asia-Pacific Vibratory Plate Compactor Market Snapshot
- 8.6.1.China Vibratory Plate Compactor Market
- 8.6.2.India Vibratory Plate Compactor Market
- 8.6.3.Japan Vibratory Plate Compactor Market
- 8.6.4.Australia Vibratory Plate Compactor Market
- 8.6.5.South Korea Vibratory Plate Compactor Market
- 8.6.6.Rest of Asia Pacific Vibratory Plate Compactor Market
8.7.Latin America Vibratory Plate Compactor Market Snapshot
- 8.7.1.Brazil Vibratory Plate Compactor Market
- 8.7.2.Mexico Vibratory Plate Compactor Market
8.8.Middle East & Africa Vibratory Plate Compactor Market
- 8.8.1.Saudi Arabia Vibratory Plate Compactor Market
- 8.8.2.South Africa Vibratory Plate Compactor Market
- 8.8.3.Rest of Middle East & Africa Vibratory Plate Compactor Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
- 9.1.1.Company 1
- 9.1.2.Company 2
- 9.1.3.Company 3
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. Bopparder Maschinenbau-Gesellschaft mbH (Bomag) (Germany)
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2.Caterpillar Inc. (U.S.)
- 9.3.3.Wacker Neuson SE (Germany)
- 9.3.4.MBW Inc. (U.S.)
- 9.3.5.Ammann Group (Switzerland)
- 9.3.6.Husqvarna Construction Products (Sweden)
- 9.3.7.Multiquip Inc. (U.S.)
- 9.3.8.Atlas Copco Group (Sweden)
- 9.3.9.Stanley Infrastructures LLC (U.S.)
- 9.3.10.Doosan Portable Power Inc. (U.S.)

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 Vibratory Plate Compactor Market, report scope
TABLE 2.Global Vibratory Plate Compactor Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3.Global Vibratory Plate Compactor Market estimates & forecasts by Type 2020-2030 (USD Million)
TABLE 4.Global Vibratory Plate Compactor Market estimates & forecasts by Power 2020-2030 (USD Million)
TABLE 5.Global Vibratory Plate Compactor Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 6.Global Vibratory Plate Compactor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7.Global Vibratory Plate Compactor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8.Global Vibratory Plate Compactor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9.Global Vibratory Plate Compactor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10.Global Vibratory Plate Compactor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11.Global Vibratory Plate Compactor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12.Global Vibratory Plate Compactor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13.Global Vibratory Plate Compactor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14.Global Vibratory Plate Compactor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15.Global Vibratory Plate Compactor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16.U.S. Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17.U.S. Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18.U.S. Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19.Canada Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20.Canada Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21.Canada Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22.UK Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23.UK Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24.UK Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25.Germany Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26.Germany Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27.Germany Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28.France Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29.France Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30.France Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31.Italy Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32.Italy Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33.Italy Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34.Spain Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35.Spain Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36.Spain Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37.RoE Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38.RoE Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39.RoE Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40.China Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41.China Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42.China Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43.India Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44.India Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45.India Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46.Japan Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47.Japan Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48.Japan Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49.South Korea Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50.South Korea Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51.South Korea Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52.Australia Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53.Australia Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54.Australia Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55.RoAPAC Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56.RoAPAC Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57.RoAPAC Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58.Brazil Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59.Brazil Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60.Brazil Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61.Mexico Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62.Mexico Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63.Mexico Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64.RoLA Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65.RoLA Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66.RoLA Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67.Saudi Arabia Vibratory Plate Compactor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68.South Africa Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69.RoMEA Vibratory Plate Compactor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70.List of secondary sources, used in the study of global Vibratory Plate Compactor Market
TABLE 71.List of primary sources, used in the study of global Vibratory Plate Compactor Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

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

LIST OF FIGURES

FIG 1.Global Vibratory Plate Compactor Market, research methodology
FIG 2.Global Vibratory Plate Compactor Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Vibratory Plate Compactor Market, key trends 2022
FIG 5.Global Vibratory Plate Compactor Market, growth prospects 2023-2030
FIG 6.Global Vibratory Plate Compactor Market, porters 5 force model
FIG 7.Global Vibratory Plate Compactor Market, pest analysis
FIG 8.Global Vibratory Plate Compactor Market, value chain analysis
FIG 9.Global Vibratory Plate Compactor Market by segment, 2020 & 2030 (USD Million)
FIG 10.Global Vibratory Plate Compactor Market by segment, 2020 & 2030 (USD Million)
FIG 11.Global Vibratory Plate Compactor Market by segment, 2020 & 2030 (USD Million)
FIG 12.Global Vibratory Plate Compactor Market by segment, 2020 & 2030 (USD Million)
FIG 13.Global Vibratory Plate Compactor Market by segment, 2020 & 2030 (USD Million)
FIG 14.Global Vibratory Plate Compactor Market, regional snapshot 2020 & 2030
FIG 15.North America Vibratory Plate Compactor Market 2020 & 2030 (USD Million)
FIG 16.Europe Vibratory Plate Compactor Market 2020 & 2030 (USD Million)
FIG 17.Asia pacific Vibratory Plate Compactor Market 2020 & 2030 (USD Million)
FIG 18.Latin America Vibratory Plate Compactor Market 2020 & 2030 (USD Million)
FIG 19.Middle East & Africa Vibratory Plate Compactor Market 2020 & 2030 (USD Million)