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Global Road Roller Market to reach USD XXX billion by the end of 2030.

Global Road Roller Market Size study & Forecast, by Product Type (Static Road Roller, Tire Road Roller, Single Drum Vibratory Road Roller, Double Drum Vibratory Road Roller, Others) by Business (New Sales, Aftermarket) by Application (Road Building, Site Development, Industrial Yards Construction) and Regional Analysis, 2023-2030

Product Code: OIRIME-14851323
Publish Date: 10-09-2023
Page: 200

Global Road Roller Market is valued approximately USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. A road roller is a heavy vehicle used in the construction of roads. It is designed to compact asphalt, soil, gravel, concrete, or other materials to create a smooth and solid road surface. Road rollers have heavy, wide, and smooth rollers that apply pressure to the roadbed, ensuring proper compaction and stability. They are essential in the construction and maintenance of roads, highways, and other infrastructure projects. The driving factor of the market are increasing urbanization and increasing population.

According to Statista in 2021, approximately a third of the total population in India lived in cities. Increase of urbanization by almost 4 percent in the last decade, meaning people have moved away from rural areas to find work and make a living in the cities. As per the same source in 2021, the global population increased by approximately 0.86 percent compared to the previous year. Moreover, increasing infrastructure investments and focusing on road maintenance can create more opportunities in the market. However, the high initial costs and shortage of skilled operators stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Road Roller Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022.The construction and maintenance of roads, highways, and other infrastructure projects drive the demand for road rollers. As this region invests in improving their transportation networks, the need for road rollers increases to ensure smooth and durable road surfaces. Also, the Asia-Pacific region contributes to its growth potential in the road roller market. This region is witnessing substantial investments in transportation infrastructure, including the construction and maintenance of roads, highways, and other projects. As a result, the demand for road rollers is expected to increase, driving the growth of the market in the Asia-Pacific region.

Major market player included in this report are:
JC Bamford Excavators Ltd
Caterpillar Inc.
Changlin Company Limited
Guangxi LiuGong Machinery Co., Ltd.,
Xiamen AGMA Machinery
SANY Group
Speedcrafts Limited
Wirtgen Group
XCMG Construction Machinery
Bomag GmbH

Recent Developments in the Market:
Ø In September 2021, Caterpillar acquired Enhanced Energy Group. IT will help in Carbon capture systems using Carbon Point Solutions’ patented processes can be applied to engines and turbines at oil and gas sites, distributed power and industrial plants and waste-to-energy sites.
Global Road Roller Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product Type, Business, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Static Road Roller
Tire Road Roller
Single Drum Vibratory Road Roller
Double Drum Vibratory Road Roller
Others

By Business:
New Sales
Aftermarket

By Applications:
Road Building
Site Development
Industrial Yards Construction

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Road Roller Market, by Region, 2020-2030 (USD Billion)
1.2.2. Road Roller Market, by Product Type, 2020-2030 (USD Billion)
1.2.3. Road Roller Market, by Business, 2020-2030 (USD Billion)
1.2.4. Road Roller Market, by Applications, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Road Roller Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Road Roller Market Dynamics
3.1. Road Roller Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing Urbanization
3.1.1.2. Increasing Population
3.1.2. Market Challenges
3.1.2.1. High Initial Costs
3.1.2.2. Shortage of Skilled Operators
3.1.3. Market Opportunities
3.1.3.1. Increasing Infrastructure Investments
3.1.3.2. Focus on Road Maintenance
Chapter 4. Global Road Roller Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Road Roller Market, by Product Type
5.1. Market Snapshot
5.2. Global Road Roller Market by Product Type, Performance – Potential Analysis
5.3. Global Road Roller Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Road Roller Market, Sub Segment Analysis
5.4.1. Static Road Roller
5.4.2. Tire Road Roller
5.4.3. Single Drum Vibratory Road Roller
5.4.4. Double Drum Vibratory Road Roller
5.4.5. Others
Chapter 6. Global Road Roller Market, by Business
6.1. Market Snapshot
6.2. Global Road Roller Market by Business, Performance – Potential Analysis
6.3. Global Road Roller Market Estimates & Forecasts by Business 2020-2030 (USD Billion)
6.4. Road Roller Market, Sub Segment Analysis
6.4.1. New Sales
6.4.2. Aftermarket
Chapter 7. Global Road Roller Market, by Applications
7.1. Market Snapshot
7.2. Global Road Roller Market by Applications, Performance – Potential Analysis
7.3. Global Road Roller Market Estimates & Forecasts by Applications 2020-2030 (USD Billion)
7.4. Road Roller Market, Sub Segment Analysis
7.4.1. Road Building
7.4.2. Site Development
7.4.3. Industrial Yards Construction
Chapter 8. Global Road Roller Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Road Roller Market, Regional Market Snapshot
8.4. North America Road Roller Market
8.4.1. U.S. Road Roller Market
8.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
8.4.1.2. Business breakdown estimates & forecasts, 2020-2030
8.4.1.3. Applications breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Road Roller Market
8.5. Europe Road Roller Market Snapshot
8.5.1. U.K. Road Roller Market
8.5.2. Germany Road Roller Market
8.5.3. France Road Roller Market
8.5.4. Spain Road Roller Market
8.5.5. Italy Road Roller Market
8.5.6. Rest of Europe Road Roller Market
8.6. Asia-Pacific Road Roller Market Snapshot
8.6.1. China Road Roller Market
8.6.2. India Road Roller Market
8.6.3. Japan Road Roller Market
8.6.4. Australia Road Roller Market
8.6.5. South Korea Road Roller Market
8.6.6. Rest of Asia Pacific Road Roller Market
8.7. Latin America Road Roller Market Snapshot
8.7.1. Brazil Road Roller Market
8.7.2. Mexico Road Roller Market
8.8. Middle East & Africa Road Roller Market
8.8.1. Saudi Arabia Road Roller Market
8.8.2. South Africa Road Roller Market
8.8.3. Rest of Middle East & Africa Road Roller Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. JC Bamford Excavators Ltd
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Caterpillar
9.3.3. Changlin Company Limited
9.3.4. Liugong Machinery
9.3.5. Xiamen AGMA Machinery
9.3.6. SANY Group
9.3.7. Speedcrafts Limited
9.3.8. Wirtgen Group
9.3.9. XCMG Construction Machinery
9.3.10. Bomag GmbH
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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