Lucintel Forecasts The Global Paving Equipment Market To Reach $1 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global paving equipment market looks promising with opportunities in the road construction, highway maintenance, and airport runway markets. The global paving equipment market is expected to reach an estimated $1 billion by 2030 at a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are increasing government spending on infrastructure development initiatives, growing need for improved transportation infrastructure, and increasing road construction activities.
A more than 150-page report to understand trends, opportunity and forecast in paving equipment market to 2030 by equipment type (asphalt pavers, concrete pavers, compactors, and others), application (road construction, highway maintenance, airport runways, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that asphalt paver is expected to witness the highest growth over the forecast period.
Within this market, road construction is expected to witness the highest growth over the forecast period.
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... clicking on paving equipment market.
APAC will remain the largest region over the forecast period.
Rivgasasha are the major suppliers in the paving equipment market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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