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Concrete Paving Equipment Market Share

  • Report ID: GMI11287
  • Published Date: Sep 2024
  • Report Format: PDF

Concrete Paving Equipment Market Share

Wirtgen Group and Bid-well are the prominent players in the market holding approximately 13% of the market share. Wirtgen Group emphasizes continuous innovation and technological advancement, investing significantly in R&D to develop cutting-edge concrete paving equipment that enhances efficiency, precision, and sustainability. Their products feature intelligent control systems, automated paving solutions, and high-precision sensors. For instance, their high-performance pavers incorporate advanced screed technologies, ensuring superior surface quality and finish.
 

Bid-Well focuses on delivering precision and quality in its concrete paving equipment, targeting high-end applications with stringent standards. Their 3000 Series Slipform Pavers are renowned for their high accuracy and exceptional finish quality. Designed for consistent performance, Bid-Well's equipment guarantees high-quality results. Additionally, Bid-Well integrates sophisticated control systems, automation, and real-time monitoring capabilities into their paving machinery, including automated grade control and integrated sensors for precise paving.
 

Concrete Paving Equipment Market Companies

Major players operating in the concrete paving equipment industry are:

  • Wirtgen Group
  • Gomaco Corporation
  • Bid-well (Terex Corporation)
  • Power Curbers Companies LLC
  • Guntert & Zimmerman
  • BESSER
  • SANY Group
     
Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of concrete paving equipment was worth over USD 1.5 billion in 2023 and is estimated to register over 4.4% CAGR between 2024 and 2032, driven by the demand for concrete paving equipment.

The semi-automated segment in the concrete paving equipment market is expected to reach over USD 1.02 billion by 2032, backed by the need for cost-efficient solutions for construction companies seeking to balance automation with manual labor.

Asia Pacific concrete paving equipment market held 40% share in 2023 owing to the rapid urbanization and infrastructure development.

Wirtgen Group, Gomaco Corporation, Bid-well (Terex Corporation), Power Curbers Companies LLC, Guntert & Zimmerman, BESSER, and SANY Group

Concrete Paving Equipment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 310
  • Countries covered: 24
  • Pages: 240
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