Compaction Equipment Market Opportunities 2031
MARKET OVERVIEW
Compaction Equipment are the machinery and equipment used for compacting soil, asphalt, and other materials in construction, road building, and other industries. The purpose of compaction equipment is to increase the density of materials, improving their stability and durability. Compaction equipment can be powered by diesel, gasoline, or electricity and come in a range of sizes and types, including plate compactors, vibratory rollers, and rammer compactors. The compaction equipment market is growing due to the increasing demand for construction activities, road building projects, and other applications where compaction is required.
MARKET DYNAMICS
Growing construction in smart cities, also the increase in transport construction, is the major driver for the compaction equipment market. Rapid urbanization is also fueling the growth of the compaction equipment market. However, the high equipment cost and high maintenance cost are the major restraint for the growth of the market. Increasing the number of projects of roads, dams, airports, bridges, and others are expected to drive the growth of the compaction equipment market.
MARKET SCOPE
The "Global Compaction Equipment Market Analysis to 2031" is a specialized and in-depth study of the compaction equipment industry with a special focus on the global market trend analysis. The report aims to provide an overview of compaction equipment market with detailed market segmentation by of product, application, and geography. The global compaction equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading compaction equipment market players and offers key trends and opportunities in the compaction equipment market.
MARKET SEGMENTATION
The global compaction equipment market is segmented based on product, application. Based on product, the compaction equipment market is segmented as compaction rollers, jumping jacks/rammers, plate compactors, scrapers, others. Based on application, the compaction equipment market is segmented as roads, dams, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global compaction equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The compaction equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting compaction equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the compaction equipment market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global compaction equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The compaction equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting compaction equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the compaction equipment market in these regions.
MARKET PLAYERS
The reports cover key developments in the compaction equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from compaction equipment are anticipated to lucrative growth opportunities in the future with the rising demand for compaction equipment in the global market. Below mentioned is the list of few companies engaged in the compaction equipment market.
The report also includes the profiles of key compaction equipment companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ALTRAD Belle
- Ammann Group
- Atlas Copco
- BOMAG GmbH.
- Deere & Company
- Hamm AG
- Hitachi Construction Machinery Co., Ltd.
- J C Bamford Excavators Ltd.
- Martin Trailer Company
- Thetford International
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Compaction Equipment Market - By Product
1.3.2 Compaction Equipment Market - By Application
1.3.3 Compaction Equipment Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COMPACTION EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. COMPACTION EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. COMPACTION EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. COMPACTION EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. COMPACTION EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. COMPACTION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. COMPACTION ROLLERS
7.3.1. Overview
7.3.2. Compaction Rollers Market Forecast and Analysis
7.4. JUMPING JACKS/RAMMERS
7.4.1. Overview
7.4.2. Jumping Jacks/Rammers Market Forecast and Analysis
7.5. PLATE COMPACTORS
7.5.1. Overview
7.5.2. Plate Compactors Market Forecast and Analysis
7.6. SCRAPERS
7.6.1. Overview
7.6.2. Scrapers Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. COMPACTION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ROADS
8.3.1. Overview
8.3.2. Roads Market Forecast and Analysis
8.4. DAMS
8.4.1. Overview
8.4.2. Dams Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. COMPACTION EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Compaction Equipment Market Overview
9.1.2 North America Compaction Equipment Market Forecasts and Analysis
9.1.3 North America Compaction Equipment Market Forecasts and Analysis - By Product
9.1.4 North America Compaction Equipment Market Forecasts and Analysis - By Application
9.1.5 North America Compaction Equipment Market Forecasts and Analysis - By Countries
9.1.5.1 United States Compaction Equipment Market
9.1.5.1.1 United States Compaction Equipment Market by Product
9.1.5.1.2 United States Compaction Equipment Market by Application
9.1.5.2 Canada Compaction Equipment Market
9.1.5.2.1 Canada Compaction Equipment Market by Product
9.1.5.2.2 Canada Compaction Equipment Market by Application
9.1.5.3 Mexico Compaction Equipment Market
9.1.5.3.1 Mexico Compaction Equipment Market by Product
9.1.5.3.2 Mexico Compaction Equipment Market by Application
9.2. EUROPE
9.2.1 Europe Compaction Equipment Market Overview
9.2.2 Europe Compaction Equipment Market Forecasts and Analysis
9.2.3 Europe Compaction Equipment Market Forecasts and Analysis - By Product
9.2.4 Europe Compaction Equipment Market Forecasts and Analysis - By Application
9.2.5 Europe Compaction Equipment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Compaction Equipment Market
9.2.5.1.1 Germany Compaction Equipment Market by Product
9.2.5.1.2 Germany Compaction Equipment Market by Application
9.2.5.2 France Compaction Equipment Market
9.2.5.2.1 France Compaction Equipment Market by Product
9.2.5.2.2 France Compaction Equipment Market by Application
9.2.5.3 Italy Compaction Equipment Market
9.2.5.3.1 Italy Compaction Equipment Market by Product
9.2.5.3.2 Italy Compaction Equipment Market by Application
9.2.5.4 United Kingdom Compaction Equipment Market
9.2.5.4.1 United Kingdom Compaction Equipment Market by Product
9.2.5.4.2 United Kingdom Compaction Equipment Market by Application
9.2.5.5 Russia Compaction Equipment Market
9.2.5.5.1 Russia Compaction Equipment Market by Product
9.2.5.5.2 Russia Compaction Equipment Market by Application
9.2.5.6 Rest of Europe Compaction Equipment Market
9.2.5.6.1 Rest of Europe Compaction Equipment Market by Product
9.2.5.6.2 Rest of Europe Compaction Equipment Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Compaction Equipment Market Overview
9.3.2 Asia-Pacific Compaction Equipment Market Forecasts and Analysis
9.3.3 Asia-Pacific Compaction Equipment Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Compaction Equipment Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Compaction Equipment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Compaction Equipment Market
9.3.5.1.1 Australia Compaction Equipment Market by Product
9.3.5.1.2 Australia Compaction Equipment Market by Application
9.3.5.2 China Compaction Equipment Market
9.3.5.2.1 China Compaction Equipment Market by Product
9.3.5.2.2 China Compaction Equipment Market by Application
9.3.5.3 India Compaction Equipment Market
9.3.5.3.1 India Compaction Equipment Market by Product
9.3.5.3.2 India Compaction Equipment Market by Application
9.3.5.4 Japan Compaction Equipment Market
9.3.5.4.1 Japan Compaction Equipment Market by Product
9.3.5.4.2 Japan Compaction Equipment Market by Application
9.3.5.5 South Korea Compaction Equipment Market
9.3.5.5.1 South Korea Compaction Equipment Market by Product
9.3.5.5.2 South Korea Compaction Equipment Market by Application
9.3.5.6 Rest of Asia-Pacific Compaction Equipment Market
9.3.5.6.1 Rest of Asia-Pacific Compaction Equipment Market by Product
9.3.5.6.2 Rest of Asia-Pacific Compaction Equipment Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Compaction Equipment Market Overview
9.4.2 Middle East and Africa Compaction Equipment Market Forecasts and Analysis
9.4.3 Middle East and Africa Compaction Equipment Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Compaction Equipment Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Compaction Equipment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Compaction Equipment Market
9.4.5.1.1 South Africa Compaction Equipment Market by Product
9.4.5.1.2 South Africa Compaction Equipment Market by Application
9.4.5.2 Saudi Arabia Compaction Equipment Market
9.4.5.2.1 Saudi Arabia Compaction Equipment Market by Product
9.4.5.2.2 Saudi Arabia Compaction Equipment Market by Application
9.4.5.3 U.A.E Compaction Equipment Market
9.4.5.3.1 U.A.E Compaction Equipment Market by Product
9.4.5.3.2 U.A.E Compaction Equipment Market by Application
9.4.5.4 Rest of Middle East and Africa Compaction Equipment Market
9.4.5.4.1 Rest of Middle East and Africa Compaction Equipment Market by Product
9.4.5.4.2 Rest of Middle East and Africa Compaction Equipment Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Compaction Equipment Market Overview
9.5.2 South and Central America Compaction Equipment Market Forecasts and Analysis
9.5.3 South and Central America Compaction Equipment Market Forecasts and Analysis - By Product
9.5.4 South and Central America Compaction Equipment Market Forecasts and Analysis - By Application
9.5.5 South and Central America Compaction Equipment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Compaction Equipment Market
9.5.5.1.1 Brazil Compaction Equipment Market by Product
9.5.5.1.2 Brazil Compaction Equipment Market by Application
9.5.5.2 Argentina Compaction Equipment Market
9.5.5.2.1 Argentina Compaction Equipment Market by Product
9.5.5.2.2 Argentina Compaction Equipment Market by Application
9.5.5.3 Rest of South and Central America Compaction Equipment Market
9.5.5.3.1 Rest of South and Central America Compaction Equipment Market by Product
9.5.5.3.2 Rest of South and Central America Compaction Equipment Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. COMPACTION EQUIPMENT MARKET, KEY COMPANY PROFILES
11.1. ALTRAD BELLE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AMMANN GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ATLAS COPCO
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BOMAG GMBH.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DEERE AND COMPANY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HAMM AG
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HITACHI CONSTRUCTION MACHINERY CO., LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. J C BAMFORD EXCAVATORS LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MARTIN TRAILER COMPANY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THETFORD INTERNATIONAL
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1.ALTRAD Belle
2.Ammann Group
3.Atlas Copco
4.BOMAG GmbH.
5.Deere and Company
6.Hamm AG
7.Hitachi Construction Machinery Co., Ltd.
8.J C Bamford Excavators Ltd.
9.Martin Trailer Company
10.Thetford International
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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