Global road roller market is expected to witness a significant growth on account of its increasing application in the construction industry.
Railway construction is another application driving the overall roller demand. These heavy machines are used to flatten the land before laying of tracks. Arid land is usually flattened before making its use for commercial or agricultural purposes. The defense sector has been using this equipment on a large scale for military engineering missions. They have been used by various defense forces for the construction of bridges and roads. The high cost of this equipment is expected to challenge the industry growth in near future. These machines require a high amount of maintenance and lubrication for efficient and safe usage. Further, such heavy equipment must be used by trained professionals to avoid accidents causing on account of negligence. Road Roller Industry is segmented on the basis of its product design which is based upon the drum type. The drums vary in terms of number, diameter, and weight. A two drum roller especially filled with water to achieve the desired weight have been used at construction sites. It is convenient to carry the lighter vehicle to the construction site and then fill them with water. Asia Pacific has been the leading market in recent years in terms of demand and is expected to continue its dominance on account of increasing real estate construction. Emerging economies such as India, China, South Korea, Malaysia, and Indonesia account for the majority of the demand owing to increasing government expenditures for infrastructure development. Further, regional demand is followed by North America mainly on account of sophisticated construction techniques and defense applications. Europe is expected to show a steady growth, mainly in the North, owing to its increasing application in construction of bridges and railways. South America and Africa offer bright prospects over the forecast period mainly due to the growing road infrastructure industry. The Middle East witnessed a significant growth over the last decade owing to the tremendous spending on road development. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/road-roller-market/request-sample Major players operating in the market are ABG, Tampo, Volvo, Ingersoll Rand, Kamani Engineering, Caterpillar, Hyster, Sany, Vibromax and Marshall. Most of these companies offer their products on rent and lease basis or on long-term loans in order to propel their sales. Further, collaboration with mining and construction industries play an important role in developing strong strategic relations. GE mining and Komatsu entered into a collaboration for developing next generation machines. Caterpillar is a popular manufacturer and most selling in terms of construction and mining equipment. Their products are being used by the various defense forces which include the U.S, Israel, Sweden,
Norway, Denmark, and the Netherlands. They have in all 110 production facilities with nearly half of them in the U.S. Market Segment: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Road Roller in these regions, from 2012 to 2022 (forecast), covering • North America • Europe • China • Japan • Southeast Asia • India See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/construction Global Road Roller market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • BOMAG • Caterpillar • Dynapac • Volvo • Wirtgen • Xugong • Liugong • Shantui • YTO • Sany On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into • Static Road Roller • Tire Road Roller