According to a market report by Lucintel, the future of the global paving equipment market looks promising with opportunities in the road construction, highway maintenance, and airport runway markets. The global paving equipment market is expected to reach an estimated $1 billion by 2030 at a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are increasing government spending on infrastructure development initiatives, growing need for improved transportation infrastructure, and increasing road construction activities.
A more
than 150-page report to understand trends, opportunity and forecast in paving
equipment market to 2030 by equipment type (asphalt pavers, concrete pavers,
compactors, and others), application (road construction, highway maintenance,
airport runways, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
Lucintel
forecasts that asphalt paver is expected to witness the highest growth over the
forecast period.
Within
this market, road construction is expected to witness the highest growth over
the forecast period.
Download
sample by clicking on paving equipment
market.
APAC will
remain the largest region over the forecast period.
Rivgasasha
are the major suppliers in the paving
equipment market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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