"Catapult Your Business to Fore, Gain Competitive Advantage "

Compaction Equipment Market Size, Share & Industry Analysis, By Type (Smooth wheeled Roller, Sheepsfoot Roller, Pneumatic Roller, Vibratory Roller, Rammers, Vibratory Plate Compactor), By Application (Soil Compaction, Concrete Compaction), By End User (Engineering & Construction, Mining ) and Regional Forecast, 2024-2032

Region : Global | Report ID: FBI101791 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Compaction equipment refers to a machine utilized to remove soil from soil mass to achieve high soil density and water content. The major application of compaction equipment is into building and construction of roadways, water reservoir structures, huge residential, commercial and industrial site construction. The emergence of the global compaction equipment market is likely to witness high demand over the forecast period owing to the exposure of construction that leads to the rapid urbanization.


Key Market Driver -

Key Market Driver – • The rise of construction and rapid urbanization. • Growing demand in renting the equipment for transport infrastructure

Key Market Restraint -

Key Market Restraint – • Rules and regulations to export the equipment poses threat to the compaction equipment market.


Companies are investing in compaction equipment & related products mainly in Asia Pacific and the Middle East and Africa, where the large number of infrastructure development projects are in progress. Similarly, companies are also opting for mergers & acquisitions and collaboration with local players to strengthen the reach and maintain their position in the competitive market. For instance, in 2017, Deere & Company has acquired Wirtgen Group for nearly around USD 5.2 Billion to expand the global distribution options in construction equipment. Furthermore, in 2017, AB Volvo has introduced SD100BA a new range of single drum smooth wheeled compactor built in India to adapt versatile earthwork compaction applications in India. The prominent players are also focusing to reduce the labour cost by materializing the handheld process to mechanism driven process.

Key Players Covered:


Key players operating in the global compaction equipment market are Caterpillar, Atlas Copco AB, AB Volvo, Hitachi Construction Machinery Co., Ltd., MBW Incorporated, Sakai America, Inc., Deere & Company, J C Bamford Excavators Ltd., Komatsu Ltd., Escorts Limited among others.

Regional Analysis:


The compaction equipment market in Asia Pacific and the Middle East is experiencing the dominance owing to the fast-paced infrastructure development in developing countries, such as India, China, Indonesia, Kuwait and Qatar. These developing countries have large number of projects ongoing in terms of engineering & construction. The governmental bodies are focusing on structured facilities in the field of hospitals, transportation and tourism.    

Europe and North America are expected to witness a steady growth in the forecast period. European and North American countries have strict governmental laws for machine vibration and protection from security threats. For instance, in August 2019, in Paris, Volvo has introduced its first electric compact excavator, the ECR25 Electric. It has replaced the traditional combustion engine excavator to control noise disturbance and carbon emission.

To gain extensive insights into the market, Request for Customization


The compaction equipment market in Latin America is experiencing the downfall in construction and mining industry owing to the weak economic conditions and increase in carbon footprint. Countries such as Mexico, Colombia, Chile, Peru and Uruguay have strong potential of investing into mining, manufacturing, forestry and construction sector in the forecast period.

Segmentation


























 ATTRIBUTE

 DETAILS

By Type



  • Smooth wheeled Roller

  • Sheepsfoot Roller

  • Pneumatic Roller

  • Vibratory Roller

  • Rammers

  • Vibratory Plate Compactor



By Application



  • Soil Compaction

  • Concrete Compaction



By End User



  • Engineering & Construction

  • Mining



By Geography



  • North America (the USA, Canada and Rest of North America)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)



Key Industry Developments



  • July 2018: - Caterpillar has introduced Cat CW16 pneumatic compactor designed for its utilization on granular materials for nine-wheel model with 1754mm compaction width.

  • December 2017: - Husqvarna group’s construction division has signed an agreement with Atlas Copco AB to acquire light compaction and concrete equipment business to strengthen the position in concrete surface and floors.


  • Ongoing
  • 2023
  • 2019-2022

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Machinery & Equipment Clients

SKF
Toyota
Itochu
Krones
Siemens

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X