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.
Market Analysis and Insights: Global Compaction Equipment Market
Due to the COVID-19 pandemic, the global Compaction Equipment market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Heavy Compaction Machines accounting for % of the Compaction Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Road Construction segment is altered to an % CAGR throughout this forecast period.
In US，Compaction Equipment key players include BOMAG, Caterpillar, Volvo, Atlas, Ammann, etc. The top five manufacturers hold a share over 45%.
Northeast is the largest market, with a share over 35%, followed by Midwest and South, both have a share over 45%.
In terms of product, Light Compaction Machines is the largest segment, with a share over 85%. And in terms of application, the largest application is City Public Works, followed by Road Construction, Building, etc.
In terms of production side, this report researches the Compaction Equipment capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Compaction Equipment by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Compaction Equipment Scope and Segment
Compaction Equipment market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Compaction Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Heavy Compaction Machines
Light Compaction Machines
Segment by Application
Road Construction
Building
City Public Works
Others
By Company
BOMAG
Caterpillar
Volvo
Atlas
JCB
Wacker neuson
Terex
Doosan
Sakai
MBW Incorporated
Ammann
Wirtgen Group(HAMM)
Hitachi
Belle Group
Mikasa
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE