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Global Concrete and Road Construction Equipment Market 2017-2021

Global Concrete and Road Construction Equipment Market 2017-2021

About Concrete and Road Construction Equipment

Concrete and road equipment are construction devices that are used to mix various ingredients to manufacture and transport concrete and are used for road construction activities. Since the early 2000s, concrete has become one of the widely used artificial stones as a road building material because of the following reasons: High compressive strength, High durability, and Resistance to extreme weather conditions.

Technavio’s analysts forecast the global concrete and road construction equipment market to grow at a CAGR of 3.69% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global concrete and road construction equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Concrete and Road Construction Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Deere
  • Komatsu
  • Caterpillar
  • Volvo
  • Terex
Other prominent vendors
  • ALLEN ENGINEERING
  • Apollo Inffratech
  • Astec Industries
  • Atlas Copco Group
  • BELL Equipment
  • BEML
  • CNH Industrial
  • Concrete Plus
  • Doosan Infracore
  • Escorts
  • Guangxi Liugong Machinery
  • Guntert & Zimmerman Const. Div.
  • Hidromek
  • Hitachi Construction Machinery
  • J C Bamford Excavators
  • Kobelco Construction Machinery
  • LARSEN & TOUBRO
  • Manitou Americas
  • Maxmech Equipments
  • MBW
  • OJSC BELAZ
  • SAKAI HEAVY INDUSTRIES
  • Sany Heavy Industry
  • Sumitomo Heavy Industries
  • Wacker Neuson
  • Wright Concrete & Construction
  • XCMG
Market driver
  • Increase in number of smart cities
  • For a full, detailed list, view our report
Market challenge
  • Weather and environmental conditions
  • For a full, detailed list, view our report
Market trend
  • Introduction of smart concrete materials
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Concrete and Road Construction Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global concrete and road construction equipment market: Deere, Komatsu, Caterpillar, Volvo, and Terex.

Other Prominent Vendors in the market are: ALLEN ENGINEERING, Apollo Inffratech, Astec Industries, Atlas Copco Group, BELL Equipment, BEML, CNH Industrial, Concrete Plus, Doosan Infracore, Escorts, Guangxi Liugong Machinery, Guntert & Zimmerman Const. Div., Hidromek, Hitachi Construction Machinery, J C Bamford Excavators, Kobelco Construction Machinery, LARSEN & TOUBRO, Manitou Americas, Maxmech Equipments, MBW, OJSC BELAZ, SAKAI HEAVY INDUSTRIES, Sany Heavy Industry, Sumitomo Heavy Industries, Wacker Neuson, Wright Concrete & Construction, and XCMG.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is introduction of smart concrete materials. Smart concrete is a type of concrete that can detect shortcomings of conventional concrete and acts as a sensor in finding flaws in it. It is prepared by incorporating some changes in the preparation of the concrete mix. For example, adding 2-3 Kgs of polypropylene fibers per m3 to the high strength concrete mix increases its fire resistance.”

According to the report, one driver in the market is increase in number of smart cities. The number of smart cities is expected to rise exponentially worldwide by 2025. It is anticipated that a total of 67 new smart cities are expected to be built during 2013-2025. This can be attributed to the increasing congestion in urban areas and major metropolitan cities. According to The World Bank, the total global urban population stood at 53.85% of the total world population in 2015. The increasing urban population has put a strain on existing urban services, such as public transport and road networks.

Further, the report states that one challenge in the market is weather and environmental conditions. Weather and environment factors play a key role while constructing concrete roads. Irregular weather conditions can delay the time at which concrete roads are constructed. In addition, extremely cold weather can create distress, such as freeze-thaw damage, scaling, and joint deterioration (spalling) in concrete pavements. Apart from the cold weather, another challenge for concrete road contractors is heavy rainfall. Concrete pavements are built on top of the existing soil in the site area.

Companies Mentioned

Deere, Komatsu, Caterpillar, Volvo, Terex, ALLEN ENGINEERING, Apollo Inffratech, Astec Industries, Atlas Copco Group, BELL Equipment, BEML, CNH Industrial, Concrete Plus, Doosan Infracore, Escorts, Guangxi Liugong Machinery, Guntert & Zimmerman Const. Div., Hidromek, Hitachi Construction Machinery, J C Bamford Excavators, Kobelco Construction Machinery, LARSEN & TOUBRO, Manitou Americas, Maxmech Equipments, MBW, OJSC BELAZ, SAKAI HEAVY INDUSTRIES, Sany Heavy Industry, Sumitomo Heavy Industries, Wacker Neuson, Wright Concrete & Construction, and XCMG.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Current and future prospects of global concrete and road construction equipment market in each geographic region 2016 and 2021
      • Table Current and future prospects of global concrete and road construction equipment market by product 2016 and 2021
  • Market landscape
    • Market overview
      • Table Global concrete and road construction equipment market segmentation
    • Market size and forecast
      • Table Global concrete and road construction equipment market 2016-2021 ($ millions)
      • Table Comparison of global population (in billions) with urban population (in %) 2010-2015
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global concrete and road construction equipment market by product type 2016-2021 (%)
    • Global road construction equipment market
      • Table Global road construction equipment market 2016-2021($ millions)
    • Global concrete equipment market
      • Table Global concrete equipment market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global concrete and road construction equipment market by geography 2016 and 2021 (%)
    • Concrete and road construction equipment market in APAC
      • Table Concrete and road construction equipment market in APAC 2016-2021 ($ millions)
      • Table Urban population in APAC and the world 2008-2015
    • Concrete and road construction equipment market in Americas
      • Table Concrete and road construction equipment market in Americas 2016-2021 ($ millions)
    • Concrete and road construction equipment market in EMEA
      • Table Concrete and road construction equipment market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Expected incremental growth in worldwide smart cities market 2017-2026 ($ billions)
    • Market challenges
  • Market trends
    • Introduction of smart concrete materials
    • Self-curing concrete
    • Ferrocement
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global concrete and road construction equipment market
    • Other prominent vendors
  • Key vendor analysis
    • Caterpillar
    • Deere
    • Komatsu
    • Terex
    • Volvo
  • Appendix
    • List of abbreviations
  • Explore Technavio

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