Soil Compaction Equipment Market Worldwide Industry Details by Top Manufacture, Price, Supply-Demand, Recent Trends, Share, Development Trend and End User Analysis, Outlook
Soil compaction equipment market is projected to record commendable growth by 2028, on the back of new projects in the public infrastructure and construction domain. These equipment play a crucial part in the overall construction process as they decrease the likelihood of settlement after structuring a building or a roadway which could result in premature pavement failure and leady to costly maintenance or repairs.
Soil compaction equipment are available in a myriad of variants such as single/double drums, vibratory mechanisms, or dozer blades. They help increase soil density resulting in an improved soil bearing strength.
Manufacturers of soil compaction machines are fabricating new equipment that offers improved efficiency and performance compared to earlier models. Highlighting an instance, in 2021, CASE Construction Equipment introduced the SV217E and SV215E single-drum vibratory rollers built to provide fast and consistent soil compaction for varying lift ranges and material type.
The market for soil compaction equipment is segmented based on product type and regional landscape.
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In terms of product, sheepsfoot rollers segment is expected to see decent growth in the coming years on account of ongoing projects in construction of railroads, highways, pavements, and dams.
These rollers are widely used in road construction works for compacting coarse and grainy soil. Expansion of highway networks across developing economies is expected to provide a considerable boost to the demand for sheepsfoot rollers.
Furthermore, introduction of advanced technologies in these rollers would complement segment growth through 2028. In 2021, Trimble Earthworks - an advanced grade control platform - was made available in soil compactors, enabling contractors to accurately control the compaction process, consequently reducing unnecessary passes that could cause over-compaction.
Middle East & Africa soil compaction equipment market is projected to expand in view of new smart city projects and large-scale government investments in the construction sector. Estimates suggest that the regional market will register a CAGR of around 3% by 2028.
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In recent years, Saudi Arabia has been expanding and upgrading its road and highway network to meet the demands of a growing population, economic growth, urbanization, and a sharp increase in motor vehicle use.
New investments made to expand the transport and logistics sector of Saudi Arabia will spark the need for associated construction equipment like soil compaction rollers. In 2021, Saudi Arabia revealed plans to invest over $133.34 billion to boost its transport sector by 2030.
Additionally, Kuwait is in the midst of developing a green smart city project on the site of a rubber tire graveyard. The project will comprise around 25,000 new homes and will focus on green, smart technology to transform the region into a trade and tourism hub whilst cutting dependency on oil. Such initiatives will bring along lucrative demand for soil compaction equipment in the region over the coming years.
Table Of Content
Chapter 1 Methodology and Scope
1.1 Definitions & forecast parameters
1.1.1 Definitions
1.1.2 Methodology and forecast parameters
1.1.3 Region-wise COVID-19 impact
1.1.3.1 North America
1.1.3.2 Europe
1.1.3.3 Asia Pacific
1.1.3.4 Latin America
1.1.3.5 MEA
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Soil compaction equipment industry 360° synopsis, 2018 – 2028
2.2 Business trends
2.3 Regional trends
2.4 Product trends
About Author
Rahul Varpe
Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid...