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Road Roller Market Size

  • Report ID: GMI6552
  • Published Date: Aug 2023
  • Report Format: PDF

Road Roller Market Size

Road Roller Market size was valued at USD 4.2 billion in 2022 and is estimated to register a CAGR of over 4.5% between 2023 and 2032. Driven by the surge in infrastructure development projects across the globe. As governments & private sectors invest in building new roads, highways, bridges, and airports, the role of road rollers becomes pivotal in ensuring the proper compaction of construction materials.

 

Urbanization is a key growth driver of the market growth. As cities expand, the construction and maintenance of urban infrastructure become paramount. Urbanization necessitates the development of new roadways, streets, and transportation networks to accommodate the growing population and economic activities. Road rollers play a critical role in compacting the layers of materials used in urban road construction, enabling proper load-bearing capacity, preventing premature deterioration, and ensuring smooth & safe travel within urban environments.

 

The substantial upfront investment required to acquire road rollers can pose a significant challenge for small and medium-sized construction firms. These companies may face constraints in securing the capital needed to purchase new equipment. As a result, they might opt for alternatives such as renting or purchasing used road rollers. The high initial cost can also extend to training operators and maintenance personnel, further adding to the financial burden for businesses entering the road roller market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for road roller was reached USD 4.2 billion in 2022 and will register over 4.5% CAGR between 2023 and 2032, says this GMI report.

The road construction segment held approximately 35% share of the road roller industry in 2022 and is estimated to grow through 2032 as governments and private sectors invest extensively in expanding & maintaining road networks.

North America road roller market size surpassed USD 900 million in 2022 and will observe significant growth through 2032, owing to the region

BOMAG GmbH, Wirtgen Group, Caterpillar, Speedcrafts Limited, Xiamen XGMA Machinery Co., Ltd., JC Bamford Excavators Ltd., Changlin Company Limited, SANY Group, Liugong Machinery Co. Ltd., XCMG Construction Machinery Co. Ltd., Volvo Construction Equipment, Wacker Neuson, and MBW Inc.

Road Roller Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 210
  • Countries covered: 19
  • Pages: 200
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