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Asphalt Paving Machines Market Size, Share, By Product Type (Tracked Pavers, Wheeled Pavers, Compact Pavers, Hybrid Pavers, and Others), Engine Type (Diesel Engine, Electric Engine, and Hybrid Engine), Paving Range (Less Than 1.5 M, 1.5 M To 2.3 M, 2.4 M

Published Apr 01, 2024
Length 167 Pages
SKU # PRMI20148225

Description

Asphalt Paving Machines Market Size, Share, By Product Type (Tracked Pavers, Wheeled Pavers, Compact Pavers, Hybrid Pavers, and Others), Engine Type (Diesel Engine, Electric Engine, and Hybrid Engine), Paving Range (Less Than 1.5 M, 1.5 M To 2.3 M, 2.4 M To 2.55 M, and Above 2.55 M), Power (Up to 75 HP, 75-110 HP, 110 - 150 HP, and More than 150 HP), Application (Road Construction, Parking Lots, Airports, Highways, and Others), End-User (Residential, Commercial, Industrial, and Others), and Region - Trends, Analysis, and Forecast till 2035

The Asphalt Paving Machines Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Asphalt paving machines, also known as pavers, are construction equipment used to lay asphalt on road surfaces. The global asphalt paving machines market is growing due to infrastructure development, urbanization, and demand for durable road paving solutions, especially in developing economies. Government policies, pavement material innovation, and financing options are also contributing to market growth.

Report Highlights:

Asphalt paving machines market size is valuated at USD 3.2 Billion in 2025.

Target market size is approximated to grow at a rate of USD 5.1 Billion by 2035 and at a CAGR of 5.4%.

On the basis of product type, the tracked pavers segment is dominating the asphalt paving machines market share.

Dependent on engine type, the diesel engine segment is anticipated to rule over the asphalt paving machines market.

According to paving range, the above 2.55 M segment is expected to govern the asphalt paving machines market.

Stemming from power, the 110-150 HP is the power that is holding the superior position in the asphalt paving machines market.

Based on application, the road construction segment is influencing the asphalt paving machines market growth.

Contingent to end user, the industrial segment is attributed to hold the upper hand in the target market.

By region, Asia Pacific is the region which is leading the asphalt paving machines market share.

Europe is the region where the asphalt paving machines market grows with the fastest growth rate, during the forecast period.

Key Highlights:
  • In April 2025, Leica Geosystems, part of Hexagon, and Dynapac, a leading supplier of high-tech soil and asphalt rollers, light equipment and pavers, are pleased to announce the compatibility of auto-steering and screed edge control features on Dynapac asphalt pavers with the Leica iCON pave solution. This solution would be available on the Dynapac SD25 and XD25 Highway Paver series, a next-generation line of paving machines set to debut at Bauma.
Report Analysis:

Requirements to be met for following the new method’s base course for Asphalt Paving Machines:
  • Full-depth compact ability and homogeneity (no segregation).
  • Sufficient bond with under layers and wearing course.
  • Combination of base and binder course properties.
Segmentation:

By Product Type:
  • Tracked Pavers
  • Wheeled Pavers
  • Compact Pavers
  • Hybrid Pavers
  • Others
By Engine Type:
  • Diesel Engine
  • Electric Engine
  • Hybrid Engine
By Paving Range:
  • Less Than 1.5 M
  • 1.5 M To 2.3 M
  • 2.4 M To 2.55 M
  • Above 2.55 M
By Power:
  • Up to 75 HP
  • 75-110 HP
  • 110-150 HP
  • More than 150 HP
By Application:
  • Road Construction
  • Parking Lots
  • Airports
  • Highways
  • Others
By End User:
  • Residential
  • Commercial
  • Industrial
  • Others
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa
Asphalt Paving Machines Market Companies:

AMMANN GROUP

BOMAG GmbH

ASTEC INDUSTRIES, INC.

Caterpillar

Fayat Group

MOBA Mobile Automation AG

Toromont Industries Ltd.

WIRTGEN GROUP

XCMG GROUP

SANY Group

AB Volvo

Deere & Company

Komatsu Europe International N.V.

Liugong Machinery Co., Ltd.

SUMITOMO CONSTRUCTION MACHINERY CO.,LTD.

What Our Report Offers:
  • Regional & Country-Specific Market Intelligence: Gain a competitive edge with in-depth market share breakdowns across critical regions and nations, helping you identify growth opportunities and strategic positioning.
  • Strategic Entry Support for New Entrants: Expert-backed recommendations to navigate market entry challenges, establish a strong presence, and accelerate growth in unfamiliar markets.
  • Accurate Long-Term Market Projections: Trusted forecasts spanning 2025 to 2035, including key milestones for 2025, 2026, and 2030, empowering data-driven decision-making for sustainable investments.
  • Comprehensive Market Trend Analysis: A deep dive into market drivers, barriers, emerging opportunities, and potential risks, alongside insights into high-growth investment areas and industry challenges.
  • Actionable Business Strategies: Data-powered recommendations customized for key market segments, supported by rigorous market assessments to maximize profitability.
  • Competitive Landscape Mapping: Uncover prevailing industry trends, competitor tactics, and untapped opportunities to refine your market approach and stay ahead.
  • Exclusive Company Profiles: Detailed evaluations of leading market players, covering business models, financial health, strategic moves, and recent advancements.
  • Next-Gen Supply Chain Trends: Cutting-edge insights into technological innovations revolutionizing supply chain operations, enhancing efficiency, and reducing costs.
This report equips you with the intelligence needed to make informed, forward-thinking business decisions in a rapidly evolving market landscape.

FAQs:

Key Questions Answered in the Report.

1. What was the Asphalt Paving Machines Market size in 2025?

2. What is projected growth rate of the Asphalt Paving Machines Market during 2025-2035?

3. What are the key factors driving the Asphalt Paving Machines Market growth?

4. What are leading players in the Asphalt Paving Machines Market?

5. What are the key regions analyzed in the Asphalt Paving Machines Market?

6. Which region is dominating in the Asphalt Paving Machines Market?

Table of Contents

167 Pages
Global Asphalt Paving Machines Table of Contents
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Engine Type
Market Snippet, By Paving Range
Market Snippet, By Power
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Type Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Basic Requirements for Asphalt Wearing and Base Course
Aggregation Sizes and Distribution
Roadwork Processes
Market Segmentation, By Product Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Tracked Pavers
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Wheeled Pavers
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Compact Pavers
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hybrid Pavers
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Engine Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Diesel Engine
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Electric Engine
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hybrid Engine
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Paving Range, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Less Than 1.5 M
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
1.5 M To 2.3 M
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
2.4 M To 2.55 M
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Above 2.55 M
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Power, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Up to 75 HP
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
75-110 HP
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
110-150 HP
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
More than 150 HP
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Road Construction
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Parking Lots
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Airports
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Highways
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By End-User, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Residential
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Commercial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Industrial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Engine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Paving Range, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Engine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Paving Range, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Engine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Paving Range, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Engine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Paving Range, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Engine Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Paving Range, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East & Africa
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