Compaction equipment is used to compress and/or compact different types of materials at a work site. In construction sites different tools and machines are used for different purposes, such as waste around the work area is compacted and then disposed or loose soil around the work site is compacted before the start of the actual construction work.
While compaction equipment is mostly used to compress loose soil, but owing to a variety of compaction equipment available today, this equipment has found way in all types of construction activities, right from building roads to constructing industrial complexes. This equipment can compress loose soil, rocks, landfill debris, road surfaces and other materials to a particular density levels, so that the ground does not cave with use or over a period of time.
This report contains market size and forecasts of Compaction Equipment in global, including the following market information:
Global Compaction Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Compaction Equipment Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Compaction Equipment companies in 2021 (%)
The global Compaction Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Heavy Compaction Machines Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Compaction Equipment include BOMAG, Caterpillar, Volvo, Atlas, JCB, Wacker neuson, Terex, Doosan and Sakai, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Compaction Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Compaction Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Compaction Equipment Market Segment Percentages, by Type, 2021 (%)
Heavy Compaction Machines
Light Compaction Machines
Global Compaction Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Compaction Equipment Market Segment Percentages, by Application, 2021 (%)
Road Construction
Building
City Public Works
Others
Global Compaction Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Compaction Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Compaction Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Compaction Equipment revenues share in global market, 2021 (%)
Key companies Compaction Equipment sales in global market, 2017-2022 (Estimated), (Units)
Key companies Compaction Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BOMAG
Caterpillar
Volvo
Atlas
JCB
Wacker neuson
Terex
Doosan
Sakai
MBW Incorporated
Ammann
Wirtgen Group(HAMM)
Hitachi
Belle Group
Mikasa