Road Reclaimer Market Outlook and Opportunities in Grooming Regions
The global road reclaimer market is currently valued at US$ 532.6 million and is anticipated to expand at a CAGR of 3.9% to reach US$ 780.9 million by 2032-end.
Road reclaimer demand is rising as a result of expanding
government programs to repair damaged roads, with North America and Europe
together accounting for more than 50% market share. Growing
application possibilities, particularly in the mining, oil, agriculture, and
construction sectors, are anticipated to support the development of the road
reclaimer market. When the soil base needs to be strengthened or improved, road
reclamation is also done for new pavement construction.
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Market Developments
Emphasis on product innovation along with incorporation of
new technologies to be the major focal points of the key participants.
- Xlz210
reclaimers from XCMG, have been designed for working on the soil surfaces.
Working weight of this ISO 9001:2000-certified, semi-automatic road
reclaimer, is 21K Kg. The major purpose of these machine series is ability
of working in the sensitive oil environments.
- Roadtec
is into incorporation of a cooling system drawing air from machine’s top
prior to its exhaustion via radiator package. Thus, the operator could get
benefited through dust-free and clean atmosphere.
Key Takeaways from Road Reclaimers Market
Study
- North
America holds 29.3% of the market share.
- Europe
contributes for 25.7% of the entire market.
- Higher
spending on infrastructure along with fast expanding construction sector
are expected to be the major driving factors to road reclaimer market
- The
market could see an inclination towards advanced and user-friendly road
reclaimers.
Competitive Landscape:
The road reclaimer market’s growth prospects are projected
to be improved by manufacturers’ focus on product innovation and the use of new
technologies that improve the method, efficiency, and sustainability of road
construction.
Companies may also participate in mergers and acquisitions
with the purpose of extending their reach internationally, or they may contract
with regional distributors and dealers.
- The
Xlz210 Reclaimers, a new line of cold in-place recyclers from construction
equipment company XCMG, are
designed to work on soil surfaces. The working weight of this
semi-automatic road reclaimer, which is ISO 9001:2000 certified, is 21,000
kg. This machine series was created especially for work in sensitive soil
environments.
Key Companies Profiled:
• WIRTGEN
• Caterpillar
• Bomag
• XCMG
• Case
• SAKAI HEAVY INDUSTRIES Ltd.
• JCB
• Dynapac
• Volvo
• Shantui
• Liugong Machinery
• Ammann
• Sany
• XGMA
Key Segments Covered in Road Reclaimer Industry Research:
· Road
Reclaimer Market by Capacity :
- Less
than 10 Tons
- 10-20
Tons
- 20-30
Tons
- Above
30 Tons
· Road
Reclaimer Market by Application :
- Road
Construction
- Airports
- Wharves
- Public
Engineering
- Mining
- Oil
- Agriculture
· Road
Reclaimer Market by Region :
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia & Oceania
- MEA
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Questionnaire answered in the Market outlook Report
of Road Reclaimer include:
- What
is the key strategy deployed by large players to maximize Road Reclaimer
growth?
- What
are the main challenges faced by players in the Road Reclaimer Demand?
- With
the advent of technological advancement, how will the Road Reclaimer
landscape change over the forecast period?
- What
does player bring to the table which is unique as a strategy, and is easy
to emulate for new investors in the Road Reclaimer size?
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