Asphalt Pavers Market Report Scope & Overview:
The asphalt pavers market size was valued at USD 3.96 billion in 2024 and is expected to reach USD 5.12 billion by 2032, growing at a CAGR of 3.27% over the forecast period of 2025-2032.
The global asphalt pavers market is witnessing robust development, driven by increasing urbanization, infrastructure upgrades, and road construction activities worldwide. The asphalt pavers industry is significant in highway expansion, airport runways, and residential streets, among others, where speed and surface quality are critical. One of the significant trends influencing the market are smart technology which includes automated paving controls, telematics for equipment diagnostics, real-time monitoring, and performance optimization. To address sustainability objectives, manufacturers are adapting electric and hybrid pavers to help lower or eliminate emissions in the company of the worldwide demand for sustainable construction solutions.
Innovation is further accelerating through the development of screed technologies that ensure uniform compaction and smoother finishes. There is an increasing demand for track pavers instead, because these offer better stability and traction on uneven surfaces as compared to wheel pavers. Rising public infrastructure and smart city projects investments by governments are spurring demand for durable and high-performance paving equipment. In the last few years, some companies have also started using the Internet of Things and GPS sensor-based systems to work accurately and reduce downtime. Over the years, the asphalt pavers market has been experiencing a sea change driven by advanced engineering, digitalization, and the green mandate, forcing construction stakeholders to choose high-efficiency construction solutions.
In March 2025, at Bauma 2025, Vögele unveiled its Dash 5 series, including its first wheeled paver (SUPER 1803‑5 X‑Tier) and fully electric MINI 500e/502e models with up to 11 hours of zero-emission operation. Key innovations include the AutoTrac automatic steering, Smart Pave control system, and WPT Paving for digital jobsite tracking.
Market Dynamics:
Drivers
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Rapid Global Infrastructure Investment Is Significantly Boosting the Demand for Advanced Asphalt Pavers to Meet Large-Scale Road Construction Needs.
Rapid infrastructure investment is a major driver in the asphalt pavers market, propelled by global government initiatives to enhance transportation networks. Countries like the U.S, India, China, and all over Europe are investing heavily in road construction and upgrades. Worldwide, the U.S. Bipartisan Infrastructure Law sets aside USD 110 billion for roads and bridges, whereas India, under its Gati Shakti scheme, aims to build more than 25,000 km of highways. In much the same way, long-term infrastructure growth in Asia as well as Africa continues to be spurred on by China’s Belt and Road Initiative. Brazil and Mexico are still stepping up urban road and highway construction in Latin America. Such large-scale projects require high-capacity and efficient road paving machines which has a high intake of sophisticated asphalt pavers as they can meet the strict deadlines and also maintain the quality of the surface. Such a trend is one of the important points contributing to asphalt pavers market growth pertaining to performance, durability, and automation.
Restraint
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High Capital and Operating Costs Hinder Adoption of Advanced Asphalt Pavers
One of the major restraints in the asphalt pavers market is the high capital and operating costs associated with these machines. High-tech pavers with GPS, telematics, and automation cost about twice as much as traditional paver models. This hefty, up-front investment represents a significant barrier for most small and mid-sized contractors. Additionally, maintenance, spare parts, and fuel costs continue to burden ownership costs. Industry experts say operating costs are more than 35% of the life cycle costs of a machine. Overhead is additionally raised by the requirement for skilled staff to run or service such high-tech equipment. This creates financial challenges that can postpone procurement decisions, particularly in areas where there is little public infrastructure budget. High Capital & Operating Costs
Segmentation Analysis:
By Type
The wheel pavers segment dominated the market and accounted for 56% of the asphalt pavers market share. They're dominant because they have better mobility, so their ideal for urban areas, highways, and patchwork projects where you need to get quickly to where you need to go. For more productivity, wheel pavers feature better speed and handling on paved or semi-paved surfaces, thus reducing downtime. Plus, their lower operating and maintenance costs relative to tracked models make them more economical for contractors, particularly in regions needing frequent moves or softer substrates. This versatility and adaptability to different paving conditions keep them in demand across regions.
Screeds are the fastest-growing segment due to the rising demand for high-quality, smooth pavement surfaces in modern infrastructure. Advanced screed technologies, including variable vibration frequency, thermal control, and hydraulic extension, also contribute to improved surface uniformity, thickness control, and material consolidation. All of the enhancements minimize the requisite manual adjustment post pavement and facilitate greater construction quality. With the growing focus on new urban roads in terms of quality and longevity, more wheeled and tracked pavers are now adopting sophisticated screeds. The Global Market is growing rapidly due to the increasing role in maintaining the durable and uniform pavement.
By Pavement Width
The 2.5–5 meters pavement width segment dominated the asphalt pavers market due to its optimal balance between versatility and efficiency. This portion is best suited for a wide variety of paving projects, including municipal roads, city streets, and highways, or other small commercial projects. It provides enough coverage for quick progress, while life does not compromise on maneuverability in tight spaces. Most contractors choose this size for its ability to minimize the number of passes while still getting the job done accurately. That is due to its compatibility with medium and large-scale projects all around the world, both in developed and developing regions, thus making it very widespread and a market share leader.
The more than 5 meters segment is the fastest-growing due to surging demand from large-scale infrastructure projects such as expressways, airport runways, and major highways. Increased Paving Widths are Beneficial, as wider paving widths enable contractors to cover more area in fewer passes, operational efficiency is increased, project duration and labor cost are reduced. With governments and private sectors increasingly initiating mega infrastructure development projects to enhance connectivity and economic growth, the demand for high-capacity, wide-width asphalt pavers is witnessing a surge. Moreover, technological improvements regarding material handling, automated leveling systems also facilitate the growth of this segment.
By Screed Type
Hydrostatic screeds dominated the market as they provide enhanced control, consistent mat thickness, and superior compaction compared to mechanical variants. They operate on fluid pressure for smoother adjustment and more uniform asphalt distribution, and they are equipped with screeds. Hydrostatic screeds improve speed regulation and ease of use and are therefore suitable for high-precision or complex jobs, thus making it easier for the operator. As new technology develops, traditional paving rights give way to smart systems used in new modern paver systems that have integrated technologies that help avoid the need for operator corrections, each time the quality is enhanced. That is what makes them popular among professional contractors and large construction companies.
Hydrostatic screeds are also the fastest-growing segment due to their alignment with the ongoing shift toward digital and automated paving solutions. They are catching on in markets where construction equipment is becoming more modernized by an ability to provide high-performance output with minimal engagement. Adoption is driven by features like variable vibration settings, automatic slope control, and seamless extension support. Hydrostatic screed segment is growing at a fast pace across all developed and emerging markets on account of the increasing focus of road authorities on durability, surface smoothness, and long-term Performance.
By Operating Weight
The over 15,000 kg segment dominated the asphalt pavers market due to its ability to handle high-output applications like highways, airport runways, and large industrial roads. These industrial-grade machines are built to deliver higher stability, deeper compaction, and wider paving capability, which makes them ideal for tough, high-volume jobs. Having a sturdy design means they can work much longer without overheating or overheating, allowing major job sites to keep the workload up. This segment continues to be the leading segment, thanks to the consistently high demand for powerful and high-capacity pavers, driven by the rising global infrastructure spending, especially in transport and logistics corridors.
The 8000–12000 kg segment is the fastest-growing due to its perfect balance between size, power, and flexibility. These are best suited for medium to large-sized construction and rehabilitation projects due to their compact design without performance compromise. With multiple benefits, such as increased fuel economy, the ability to make tight turns in urban settings, and enough power for a range of paving widths. This weight category is getting popular due to the rise of urban development as well as the push from contractors to find economic solutions without compromising on the output. In addition, manufacturers are launching more sophisticated variants in this category, which is driving the adoption and expansion of this category in various regions.
Regional Analysis:
Asia-Pacific dominates the global asphalt pavers market, accounting for approximately 42.00% of the total share. This can be traced back to extensive infrastructure development projects, road expansion programs, and urbanization in the developing world (China, India, other Southeast Asian countries). Demand for equipment is mainly driven by Government Investments in National highways, Smart cities, and Road connectivity in rural areas. Moreover, the region is also projected to retain its market dominance owing to the presence of key manufacturers along with the penetration of advanced paving technologies in countries like China and Japan.
China dominates the Asia-Pacific asphalt pavers market due to its vast and continuous infrastructure development projects, including extensive highway construction and urban road expansions. Demand for paving machinery is also boosted by strong government initiatives such as the Belt and Road Initiative. Furthermore, the demand for advanced asphalt paving equipment is driven by China having a vast manufacturing base and the pace of rapid urbanization, which subsequently makes this country dominate the region.
North America is the fastest-growing region in the asphalt pavers market, driven by increased investments in infrastructure rehabilitation, highway upgrades, and smart paving technologies. The U.S. Bipartisan Infrastructure Law has unlocked billions for road construction, accelerating demand for technologically advanced pavers with telematics and automation. Growing adoption of eco-friendly and emission-compliant equipment, along with fleet modernization among contractors, continues to fuel regional growth at a rapid pace.
The U.S. asphalt pavers market is set to grow from USD 0.74 billion in 2024 to USD 0.99 billion by 2032, at a CAGR of 3.65%. The growth is attributed to continuous investment in infrastructure, road repairs, and new paving technologies. Market expansion is also aided by federally funded transportation modernization.
Europe holds a significant share in the global asphalt pavers market, backed by well-established road networks and ongoing maintenance projects. In Germany, France, and the UK, for example, sustainable transport infrastructure is being heavily invested in, and only high precision, low-emission paving machines can be used to meet tough environmental standards. Innovation-led demand backed by the continued push to minimize downtimes, the ability to provide high-quality roads, and the integration of digital technologies, such as 3D paving control systems, are a few of the sine qua non elements driving the European road construction equipment market.
Key players:
Asphalt Pavers Companies are AB Volvo, Fayat Group, Caterpillar, Astec Industry, XCMG Construction Machinery Company, AMMANN GROUP, Zoomlion, AUNG HEIN MIN CO., LTD., SANY GROUP, Deere & Company, Dynapac, LeeBoy, BOMAG GmbH, Sumitomo Construction Machinery, Roadtec, VÖGELE - a Wirtgen Group brand, Sakai Heavy Industries, LiuGong Machinery, Mauldin Paving Products, Shantui Construction Machinery Co., Ltd.
Recent Development:
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In February 2025, Dynapac announced its participation in bauma 2025, set for April in Munich, showcasing a new generation of highway pavers. The company emphasized digital solutions under the theme “Connect and Control,” aiming for smarter, more connected machines. It also highlighted its push toward sustainability with expanded electric equipment offerings and robust aftermarket support.
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In March 2025, Caterpillar previewed its new AP600, AP655, AP1000, and AP1055 asphalt pavers ahead of the World of Asphalt 2025. These models offer improved fuel efficiency, easier operation, and enhanced mat quality using advanced Axenox screed plates. The design helps achieve better compaction and smoother finishes with fewer roller passes.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 3.96 Billion |
| Market Size by 2032 | USD 5.12 Billion |
| CAGR | CAGR of 3.27% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Track pavers, Wheel pavers, Screeds) • By Pavement Width (Less than 2.5 Meters, 2.5 – 5 Meters, More than 5 Meters) • By Screed Type (Hydrostatic, Mechanical) • By Operating Weight (5000–8000 Kgs, 8000–12000 Kgs, 12000–15000 Kgs, Over 15000 Kgs) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | AB Volvo, Fayat Group, Caterpillar, Astec Industry, XCMG Construction Machinery Company, AMMANN GROUP, Zoomlion, AUNG HEIN MIN CO., LTD., SANY GROUP, Deere & Company, Dynapac, LeeBoy, BOMAG GmbH, Sumitomo Construction Machinery, Roadtec, VÖGELE - a Wirtgen Group brand, Sakai Heavy Industries, LiuGong Machinery, Mauldin Paving Products, Shantui Construction Machinery Co., Ltd. |
Table Of Contents
1. Introduction
1.1 Market Definition & Scope
1.2 Research Assumptions & Abbreviations
1.3 Research Methodology
2. Executive Summary
2.1 Market Snapshot
2.2 Market Absolute $ Opportunity Assessment & Y-o-Y Analysis, 2021–2032
2.3 Market Size & Forecast, By Segmentation, 2021–2032
2.3.1 Market Size by Type
2.3.2 Market Size by Pavement Width
2.3.3 Market Size by Screed Type
2.3.4 Market Size by Operating Weight
2.4 Market Share & Bps Analysis By Region, 2024
2.5 Industry Growth Scenarios – Conservative, Likely & Optimistic
2.6 Industry CxO’s Perspective
3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Key Market Trends
3.2 Industry PESTLE Analysis
3.3 Key Industry Forces (Porter’s) Impacting Market Growth
3.4 Industry Supply Chain Analysis
3.4.1 Raw Material Suppliers
3.4.2 Manufacturers
3.4.3 Distributors/Suppliers
3.4.4 Customers/End-Users
3.5 Industry Life Cycle Assessment
3.6 Parent Market Overview
3.7 Market Risk Assessment
4. Statistical Insights & Trends Reporting
4.1 Capital Investment & Pricing Analysis
4.1.1 Overview
4.1.2 Asphalt Pavers Pricing Trends by Type (Tracked, Wheeled, Screed Width Variants), 2021–2024
4.1.3 Vendor Price Benchmarking by Region & Model Tier, 2024
4.1.4 Ownership vs Rental Cost Trends (Urban vs Rural Projects)
4.2 Technology Adoption & Automation Intensity
4.2.1 Penetration of Grade Control Systems (2D/3D Laser & GPS-enabled) by Region
4.2.2 Automation Level Trends (Semi-Automated vs Fully Automated Pavers)
4.2.3 Integration of IoT Sensors for Paving Quality & Performance Monitoring
4.2.4 Adoption of AI-Based Compaction and Material Flow Optimization
4.2.5 Telematics Usage Rate & Predictive Maintenance Integration
4.3 Production Efficiency & Operational Performance
4.3.1 Material Laying Capacity Benchmarks (Tons per Hour)
4.3.2 Fuel Consumption & Efficiency Metrics by Engine Tier (Tier 3, Tier 4, Stage V)
4.3.3 Downtime Analysis: Manual vs Automated Screed Adjustment
4.3.4 Paving Speed vs Surface Quality Index – Performance Correlation
4.3.5 Operator Skill vs Machine-Aided Consistency Metrics
4.4 Supply Chain & Manufacturing Footprint Trends
4.4.1 List of Key Component Suppliers (Hydraulics, Engines, Screeds, Tracks)
4.4.2 Major Asphalt Paver Manufacturers & Regional Production Hubs
4.4.3 Dealer Networks & Distribution Channels by Continent
4.4.4 End-User Segmentation (Road Construction, Airport Runways, Urban Infrastructure)
4.4.5 Localization & Reshoring Trends in Manufacturing Due to Policy Incentives
4.4.6 Government Infrastructure Projects Driving Asphalt Paver Demand (2024–2027 Outlook)
4.5 Environmental Performance & Sustainability Trends
4.5.1 Fuel Efficiency & Emissions Metrics by Paver Category
4.5.2 Electric & Hybrid Pavers – Adoption Status & Trial Deployments
4.5.3 Noise & Vibration Reduction Standards for Urban Use
4.5.4 Asphalt Recycling Compatibility & Warm-Mix Asphalt Integration
4.5.5 ESG-Compliant Design Parameters in Procurement Specifications
4.6 Aftermarket & Lifecycle Management
4.6.1 Parts Replacement Cycle by Component Type (Screed Plate, Auger, Conveyor)
4.6.2 Annual Maintenance Cost Benchmarks by Paver Size
4.6.3 Extended Warranty & Service Package Trends
4.6.4 Telematics-Driven Lifecycle Optimization & Asset Utilization Analytics
5. Asphalt Pavers Market Segmental Analysis & Forecast, By Type, 2021 – 2032, Value (USD Billion)
5.1 Introduction
5.2 Track pavers
5.2.1 Key Trends
5.2.2 Market Size & Forecast, 2021 – 2032
5.3 Wheel pavers
5.3.1 Key Trends
5.3.2 Market Size & Forecast, 2021 – 2032
5.4 Screeds
5.4.1 Key Trends
5.4.2 Market Size & Forecast, 2021 – 2032
6. Asphalt Pavers Market Segmental Analysis & Forecast, By Pavement Width, 2021 – 2032, Value (USD Billion)
6.1 Introduction
6.2 Less than 2.5 Meters
6.2.1 Key Trends
6.2.2 Market Size & Forecast, 2021 – 2032
6.3 2.5 – 5 Meters
6.3.1 Key Trends
6.3.2 Market Size & Forecast, 2021 – 2032
6.4 More than 5 Meters
6.4.1 Key Trends
6.4.2 Market Size & Forecast, 2021 – 2032
7. Asphalt Pavers Market Segmental Analysis & Forecast, By Screed Type, 2021 – 2032, Value (USD Billion)
7.1 Introduction
7.2 Hydrostatic
7.2.1 Key Trends
7.2.2 Market Size & Forecast, 2021 – 2032
7.3 Mechanical
7.3.1 Key Trends
7.3.2 Market Size & Forecast, 2021 – 2032
8. Asphalt Pavers Market Segmental Analysis & Forecast, By Operating Weight, 2021 – 2032, Value (USD Billion)
8.1 Introduction
8.2 5000–8000 Kgs
8.2.1 Key Trends
8.2.2 Market Size & Forecast, 2021 – 2032
8.3 8000–12000 Kgs
8.3.1 Key Trends
8.3.2 Market Size & Forecast, 2021 – 2032
8.4 12000–15000 Kgs
8.4.1 Key Trends
8.4.2 Market Size & Forecast, 2021 – 2032
8.5 Over 15000 Kgs
8.5.1 Key Trends
8.5.2 Market Size & Forecast, 2021 – 2032
9. Asphalt Pavers Market Segmental Analysis & Forecast By Region, 2021 – 2025, Value (USD Billion)
9.1 Introduction
9.2 North America
9.2.1 Key Trends
9.2.2 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.2.3 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.2.4 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.2.5 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.2.6 Asphalt Pavers Market Size & Forecast, By Country, 2021 – 2032
9.2.6.1 USA
9.2.6.1.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.2.6.1.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.2.6.1.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.2.6.1.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.2.6.2 Canada
9.2.6.2.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.2.6.2.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.2.6.2.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.2.6.2.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3 Europe
9.3.1 Key Trends
9.3.2 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.3 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.4 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.5 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6 Asphalt Pavers Market Size & Forecast, By Country, 2021 – 2032
9.3.6.1 Germany
9.3.6.1.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.1.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.1.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.1.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6.2 UK
9.3.6.2.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.2.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.2.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.2.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6.3 France
9.3.6.3.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.3.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.3.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.3.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6.4 Italy
9.3.6.4.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.4.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.4.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.4.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6.5 Spain
9.3.6.5.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.5.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.5.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.5.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6.6 Russia
9.3.6.6.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.6.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.6.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.6.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6.7 Poland
9.3.6.7.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.7.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.7.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.7.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.3.6.8 Rest of Europe
9.3.6.8.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.3.6.8.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.3.6.8.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.3.6.8.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4 Asia-Pacific
9.4.1 Key Trends
9.4.2 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.3 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.4 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.5 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4.6 Asphalt Pavers Market Size & Forecast, By Country, 2021 – 2032
9.4.6.1 China
9.4.6.1.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.6.1.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.6.1.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.6.1.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4.6.2 India
9.4.6.2.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.6.2.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.6.2.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.6.2.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4.6.3 Japan
9.4.6.3.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.6.3.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.6.3.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.6.3.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4.6.4 South Korea
9.4.6.4.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.6.4.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.6.4.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.6.4.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4.6.5 Australia
9.4.6.5.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.6.5.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.6.5.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.6.5.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4.6.6 ASEAN Countries
9.4.6.6.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.6.6.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.6.6.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.6.6.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.4.6.7 Rest of Asia-Pacific
9.4.6.7.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.4.6.7.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.4.6.7.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.4.6.7.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.5 Latin America
9.5.1 Key Trends
9.5.2 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.5.3 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.5.4 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.5.5 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.5.6 Asphalt Pavers Market Size & Forecast, By Country, 2021 – 2032
9.5.6.1 Brazil
9.5.6.1.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.5.6.1.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.5.6.1.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.5.6.1.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.5.6.2 Argentina
9.5.6.2.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.5.6.2.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.5.6.2.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.5.6.2.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.5.6.3 Mexico
9.5.6.3.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.5.6.3.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.5.6.3.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.5.6.3.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.5.6.4 Colombia
9.5.6.4.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.5.6.4.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.5.6.4.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.5.6.4.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.5.6.5 Rest of Latin America
9.5.6.5.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.5.6.5.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.5.6.5.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.5.6.5.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.6 Middle East & Africa
9.6.1 Key Trends
9.6.2 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.6.3 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.6.4 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.6.5 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.6.6 Asphalt Pavers Market Size & Forecast, By Country, 2021 – 2032
9.6.6.1 UAE
9.6.6.1.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.6.6.1.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.6.6.1.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.6.6.1.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.6.6.2 Saudi Arabia
9.6.6.2.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.6.6.2.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.6.6.2.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.6.6.2.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.6.6.3 Qatar
9.6.6.3.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.6.6.3.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.6.6.3.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.6.6.3.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.6.6.4 Egypt
9.6.6.4.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.6.6.4.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.6.6.4.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.6.6.4.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.6.6.5 South Africa
9.6.6.5.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.6.6.5.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.6.6.5.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.6.6.5.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
9.6.6.6 Rest of Middle East & Africa
9.6.6.6.1 Asphalt Pavers Market Size & Forecast, By Type, 2021 – 2032
9.6.6.6.2 Asphalt Pavers Market Size & Forecast, By Pavement Width, 2021 – 2032
9.6.6.6.3 Asphalt Pavers Market Size & Forecast, By Screed Type, 2021 – 2032
9.6.6.6.4 Asphalt Pavers Market Size & Forecast, By Operating Weight, 2021 – 2032
10. Competitive Landscape
10.1 Key Players' Positioning
10.2 Competitive Developments
10.2.1 Key Strategies Adopted (%), By Key Players, 2024
10.2.2 Year-Wise Strategies & Development, 2021 – 2025
10.2.3 Number Of Strategies Adopted By Key Players, 2024
10.3 Market Share Analysis, 2024
10.4 Product/Service & Application Benchmarking
10.4.1 Product/Service Specifications & Features By Key Players
10.4.2 Product/Service Heatmap By Key Players
10.4.3 Application Heatmap By Key Players
10.5 Industry Start-Up & Innovation Landscape
10.6 Key Company Profiles
10.6 Key Company Profiles
10.6.1 AB Volvo
10.6.1.1 Company Overview & Snapshot
10.6.1.2 Product/Service Portfolio
10.6.1.3 Key Company Financials
10.6.1.4 SWOT Analysis
10.6.2 Fayat Group
10.6.2.1 Company Overview & Snapshot
10.6.2.2 Product/Service Portfolio
10.6.2.3 Key Company Financials
10.6.2.4 SWOT Analysis
10.6.3 Caterpillar
10.6.3.1 Company Overview & Snapshot
10.6.3.2 Product/Service Portfolio
10.6.3.3 Key Company Financials
10.6.3.4 SWOT Analysis
10.6.4 Astec Industry
10.6.4.1 Company Overview & Snapshot
10.6.4.2 Product/Service Portfolio
10.6.4.3 Key Company Financials
10.6.4.4 SWOT Analysis
10.6.5 XCMG Construction Machinery Company
10.6.5.1 Company Overview & Snapshot
10.6.5.2 Product/Service Portfolio
10.6.5.3 Key Company Financials
10.6.5.4 SWOT Analysis
10.6.6 AMMANN GROUP
10.6.6.1 Company Overview & Snapshot
10.6.6.2 Product/Service Portfolio
10.6.6.3 Key Company Financials
10.6.6.4 SWOT Analysis
10.6.7 Zoomlion
10.6.7.1 Company Overview & Snapshot
10.6.7.2 Product/Service Portfolio
10.6.7.3 Key Company Financials
10.6.7.4 SWOT Analysis
10.6.8 AUNG HEIN MIN CO., LTD.
10.6.8.1 Company Overview & Snapshot
10.6.8.2 Product/Service Portfolio
10.6.8.3 Key Company Financials
10.6.8.4 SWOT Analysis
10.6.9 SANY GROUP
10.6.9.1 Company Overview & Snapshot
10.6.9.2 Product/Service Portfolio
10.6.9.3 Key Company Financials
10.6.9.4 SWOT Analysis
10.6.10 Deere & Company
10.6.10.1 Company Overview & Snapshot
10.6.10.2 Product/Service Portfolio
10.6.10.3 Key Company Financials
10.6.10.4 SWOT Analysis
10.6.11 Dynapac
10.6.11.1 Company Overview & Snapshot
10.6.11.2 Product/Service Portfolio
10.6.11.3 Key Company Financials
10.6.11.4 SWOT Analysis
10.6.12 LeeBoy
10.6.12.1 Company Overview & Snapshot
10.6.12.2 Product/Service Portfolio
10.6.12.3 Key Company Financials
10.6.12.4 SWOT Analysis
10.6.13 BOMAG GmbH
10.6.13.1 Company Overview & Snapshot
10.6.13.2 Product/Service Portfolio
10.6.13.3 Key Company Financials
10.6.13.4 SWOT Analysis
10.6.14 Sumitomo Construction Machinery
10.6.14.1 Company Overview & Snapshot
10.6.14.2 Product/Service Portfolio
10.6.14.3 Key Company Financials
10.6.14.4 SWOT Analysis
10.6.15 Roadtec
10.6.15.1 Company Overview & Snapshot
10.6.15.2 Product/Service Portfolio
10.6.15.3 Key Company Financials
10.6.15.4 SWOT Analysis
10.6.16 VÖGELE (a Wirtgen Group brand)
10.6.16.1 Company Overview & Snapshot
10.6.16.2 Product/Service Portfolio
10.6.16.3 Key Company Financials
10.6.16.4 SWOT Analysis
10.6.17 Sakai Heavy Industries
10.6.17.1 Company Overview & Snapshot
10.6.17.2 Product/Service Portfolio
10.6.17.3 Key Company Financials
10.6.17.4 SWOT Analysis
10.6.18 LiuGong Machinery
10.6.18.1 Company Overview & Snapshot
10.6.18.2 Product/Service Portfolio
10.6.18.3 Key Company Financials
10.6.18.4 SWOT Analysis
10.6.19 Mauldin Paving Products
10.6.19.1 Company Overview & Snapshot
10.6.19.2 Product/Service Portfolio
10.6.19.3 Key Company Financials
10.6.19.4 SWOT Analysis
10.6.20 Shantui Construction Machinery Co., Ltd.
10.6.20.1 Company Overview & Snapshot
10.6.20.2 Product/Service Portfolio
10.6.20.3 Key Company Financials
10.6.20.4 SWOT Analysis
11. Analyst Recommendations
11.1 SNS Insider Opportunity Map
11.2 Industry Low-Hanging Fruit Assessment
11.3 Market Entry & Growth Strategy
11.4 Analyst Viewpoint & Suggestions On Market Growth
12. Assumptions
13. Disclaimer
14. Appendix
14.1 List Of Tables
14.2 List Of Figure
Key Segments:
By Type
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Track pavers
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Wheel pavers
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Screeds
By Pavement Width
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Less than 2.5 Meters
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2.5 – 5 Meters
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More than 5 Meters
By Screed Type
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Hydrostatic
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Mechanical
By Operating Weight
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5000–8000 Kgs
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8000–12000 Kgs
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12000–15000 Kgs
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Over 15000 Kgs
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
-
US
-
Canada
-
Mexico
Europe
-
Germany
-
France
-
UK
-
Italy
-
Spain
-
Poland
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Turkey
-
Rest of Europe
Asia Pacific
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China
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India
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Japan
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South Korea
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Singapore
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Australia
-
Rest of Asia Pacific
Middle East & Africa
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UAE
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Saudi Arabia
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Qatar
-
South Africa
-
Rest of Middle East & Africa
Latin America
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Brazil
-
Argentina
-
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
-
Detailed Volume Analysis
-
Criss-Cross segment analysis (e.g. Product X Application)
-
Competitive Product Benchmarking
-
Geographic Analysis
-
Additional countries in any of the regions
-
Customized Data Representation
-
Detailed analysis and profiling of additional market players
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Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
