The global Vibratory Asphalt Compactor market was valued at 109.21 Million USD in 2021 and will grow with a CAGR of 3.77% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Vibratory compactors are frequently used machines to compact materials such as soil in order to increase its density for construction and are utilized for in landfill tasks. Some common varieties are plate tamper which is also known as rammers, compactors, vibratory plates and vibratory pad foot compactors.The Vibratory Asphalt Compactor consumption volume was 18544 Units in 2017 and is expected to reach 20280 Units in 2018 and 26159 Units in 2023, growing at a CAGR of 5.22% from 2018 to 2023. China`s sales volume accounted for the highest market share (32.15%) in 2017, followed by the Europe and the North America. China is expected to maintain the largest production and consumption status. At present, the manufactures of Vibratory Asphalt Compactor are concentrated in Europe, North America and China. China is the largest production area in the world, which occupied about 36.47% in 2017. The following areas are Europe and North America. The global leading players in this market are WIRTGEN, Caterpillar, Bomag, XCMG, Case, etc. Though the market is dominated by the manufactures from Europe, USA and China, manufactures in developing counties are trying to occupy the market by the lower price and good aftermarket service. The investors should pay more attention to these developing countries such as India, Indonesia, Brazil and Africa due to the great demand in these regions. Despite the presence of competition problems, due to the increasing demand of road construction machine and the governments support, investors are still optimistic about this area, the future will still have more new investment enter the field.

By Market Verdors:

WIRTGEN

Caterpillar

Bomag

XCMG

Case

SAKAI HEAVY INDUSTRIES, LTD.

JCB

Dynapac

Volvo

Shantui

Liugong Machinery

Ammann

Sany

XGMA

SINOMACH

Luoyang Lutong

Jiangsu Junma

DEGONG

By Types:

Less than 5 ton

5-13 ton

More than 13 ton

By Applications:

Road Construction

Public Engineering

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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