Road Roller Market

A road roller is a vehicle that consists of heavy rollers which are used for compressing road surfaces during roadmaking. It is used to compact gravel, soil, and concrete, for the construction of roads. Road rollers are also used in agriculture or landfills. Road rollers are equipped with basic features such as drums, which supports the static and vibratory movement of the road roller.

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The major factors proliferating the growth of the global road roller market include rapid industrialization and the growing construction activities across the world. It has been observed that more than 47% of the world’s population lives in urban areas. Moreover, this percentage is increasing rapidly. People are migrating from rural areas to urban areas in order to have an improved lifestyle. Increasing population and the proper management of population is surging the demands for the construction of residential buildings, commercial buildings, bridges, airports, dams, metros, and other structures. With continuous technological advancements and innovation in the construction activities, individuals are now focusing on the renovation of their building to have better safety, living, and working healthy environment. Moreover, several countries are emphasizing on upgrading the infrastructure and renovating large cities. Thus, the increasing construction activities across the world are accelerating the demand for road rollers.

Along with continuous advancement in technology, automotive road rollers are also gaining traction in the construction industry. They are efficient than conventional machines and environmentally friendly. Thus, innovation in road rollers will create numerous growth opportunities for the road roller market. However, the high capital investments might hamper the growth of the global road roller market.

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Based on the product, the market is segmented into static, tire, single drum vibratory, double drum vibratory, others. Among these, double drum vibratory road roller segment is expected to witness a higher CAGR during the forecast period. Double drum vibratory rollers are majorly utilized to compress gravel, sand dirt, and asphalt. It is considered suitable for road maintenance, road construction, surfacing, and footpaths, which will further boost the growth of the segment.

On the basis of application, the market is segmented into road building, site development, and industrial yards construction. Among these industrial yards, construction segment is projected to lead the market during the forecast period. Due to the development of economic conditions, enhanced transportation, and the growing population, industries across the world are increasing rapidly. Thus, the demand for road rollers is increasing for the construction of the industrial yards.

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Based on region, North America is expected to lead the market during the forecast period. This is due to the increasing government investments and construction activities to innovate the old facilities in the region. On the other hand, the Asia Pacific region is projected to experience a higher CAGR during the forecast period. This is attributed to the increasing population in the region, which is leading to a rise in the construction activities. Moreover, emerging economies in countries such as India, China, Indonesia, and others, are further contributing to the growth of the market due to the increasing government investments for infrastructure development.

The major players in the market include Caterpillar Inc, Bomag GmbH, J C Bamford Excavators Ltd, Wirtgen Group, Speedcrafts Ltd, XCMG Group, Xiamen XGMA Machinery Co., Ltd, Changlin Company Ltd., Liugong Machinery Co., Ltd., and Sany Group, among others.

Key Developments:

• • In 2018, Caterpillar Inc, launched new production-class Tandem Vibratory Rollers to the Paving products family. The new models are CB13, CB15, and CB16. These models consist of an oscillatory vibration system used for enhancing application versatility, water spray system, lightning packages, and service access.

The global road roller market has been segmented on the basis of product, application, and region. Based on the product, the market is segmented into static, tire, single drum vibratory, double drum vibratory, and others. Based on application, the market is segmented into road building, site development, and industrial yards construction.

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Key questions answered in this research report:

• • At what pace is global road roller market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global road roller market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global road roller market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various application areas of global road roller market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Road Roller Market by Product

• • Static Road Roller
  • Tire Road Roller
  • Single Drum Vibratory Road Roller
  • Double Drum Vibratory Road Roller
  • Others

Global Road Roller Market by Application

• • Roads Building
  • Sites Development
  • Industrial Yards Construction

Global Road Roller Market by Region

• • North America Road Roller Market (Option 1: As a part of the free 25% customization)
    • North America Road Roller Market by Product
    • North America Road Roller Market by Application
    • US Road Roller Market All-Up
    • Canada Road Roller Market All-Up
  • Europe Road Roller Market (Option 2: As a part of the free 25% customization)
    • Europe Road Roller Market by Product
    • Europe Road Roller Market by Application
    • UK Road Roller Market All-Up
    • Germany Road Roller Market All-Up
    • France Road Roller Market All-Up
    • Spain Road Roller Market All-Up
    • Rest of Europe Road Roller Market All-Up
  • Asia-Pacific Road Roller Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Road Roller Market by Product
    • Asia-Pacific Road Roller Market by Application
    • China Road Roller Market All-Up
    • India Road Roller Market All-Up
    • Japan Road Roller Market All-Up
    • Rest of APAC Road Roller Market All-Up
  • RoW Road Roller Market (Option 4: As a part of the free 25% customization)
    • RoW Road Roller Market by Product
    • RoW Road Roller Market by Application
    • Brazil Road Roller Market All-Up
    • South Africa Road Roller Market All-Up
    • Saudi Arabia Road Roller Market All-Up
    • UAE Road Roller Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Road Roller Market All-Up

Global Road Roller Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Caterpillar Inc
  • Bomag GmbH
  • J C Bamford Excavators Ltd
  • Wirtgen Group
  • Speedcrafts Ltd
  • XCMG Group
  • Xiamen XGMA Machinery Co., Ltd
  • Changlin Company Ltd.
  • Liugong Machinery Co., Ltd.
  • Sany Group