Asphalt Pavers Market Overview:
The Asphalt Pavers market study may be tailored to include price trend analysis of target brands, market knowledge for other countries (ask for a list), clinical trial findings in data, literature research, refurbished market and product base analysis, and other services. Technology-based research to market portfolio strategies are examples of target rival market analysis. We may include as many rivals as you require in the format and data type of your choosing.
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Asphalt Pavers Market was valued $1.78 Bn in 2020 and is expected to reach $2.26 Bn by 2027, at a CAGR of 3.5% during the forecast period.
Market Scope:
The Asphalt Pavers market research report offers insights into each of the top Asphalt Pavers Market end users, as well as annual forecasts through 2027. The analysis estimates the revenue, sales, and growth rate of the global Asphalt Pavers Market.
Drivers:
The manufacturing of asphalt pavers is changing due to various technological advancements and developments in the asphalt paving equipment sector. Participants in the market believe that the trend toward electrically heated screeds will have the biggest effect on paver production. Electric screeds became more popular at the same time that fuel efficiency became a bigger priority. With electric screeds, neither the emissions nor the use of diesel fuel are present. Additionally, they are cleaner and easier to control the heat, which eliminates some of the maintenance issues associated with diesel heated screeds. The development of long-term projects is a constant focus for construction firms all over the world in order to achieve energy efficiency certifications.
Segmentation:
The segment with the highest revenue share in 2020 was tracked pavers. This is because it performs better than pavers with wheels. The superior traction and floatation of tracked wheelers over wheeled wheelers improves stability and enables them to turn in more confined spaces. Additionally, areas with steep slopes in hills and mountains respond well to tracked pavers. They are able to drive the truck or stop it from sliding downhill while making deliveries without slipping. Wheeled pavers are still in high demand, particularly for paving projects on town or city roads and patch paving.
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Key Players: the key players are
• Volvo CE
• Caterpillar Inc.
• Weiler
• Zoomlion Company Limited
• Dynapac
• Bomag GmbH
• XCMG Construction Machinery Company Ltd
• Sany Heavy Industries Limited
• Fayat Group
• Vogele
• Ammann Group
• Astec Industry
• Wirtgen group
• Sumitomo Fayat Group
• VT L
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Regional Analysis:
Individual market influencing variables and changes in market laws that affect present and future market trends are also included in the regional segment of the Asphalt Pavers market study. Consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis are some of the primary factors utilized to anticipate market conditions for individual nations.
COVID-19 Impact Analysis on Asphalt Pavers Market:
The report also includes COVID-19 impact on Asphalt Pavers market.
Key Questions Answered in the Asphalt Pavers Market Report are:
- What will be the CAGR of the Asphalt Pavers market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Asphalt Pavers market in 2020?
- Which are the key players in the Asphalt Pavers market?
- What key trends are likely to emerge in the Asphalt Pavers market in the forecast period?
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