Road maintenance machinery is bifurcated into three categories: daily maintenance equipment, special road maintenance equipment and others (including cleaning equipment and bridge maintenance equipment). Daily maintenance equipment is further divided into three categories: slurry seal machine, road composite maintenance vehicle and sewing equipment. Special road maintenance equipment is further divided into three categories: sweeper, road milling machine and road paver.
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In terms of geographic, North America and Europe dominates the global road maintenance machinery market due to improved road construction activities. The U.S. represents the largest market for road maintenance machinery followed by Canada in North America. In Europe, France, Germany, Italy, Spain and the U.K. holds major share of road maintenance machinery market.
However, Asia Pacific is expected to show high growth rates in the next five years in global road maintenance machinery market. This is due to increase in the construction of new roads. Additionally, the increasing range of old roads that had come to the end of their service lives boosts the market for road maintenance machinery.
Some of the major drivers contributing the overall market growth of road maintenance machinery include increased government investment on road construction, increasing range of old roads and increasing urbanization.
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Some of the major companies operating in the road maintenance machinery market are Zoomlion Heavy Industry Science&Technology Co., Ltd., XCMG Group, Volvo, Xiamen XGMA Machinery Co., Ltd., Caterpillar, SANY Group Co.,Ltd. and Dingsheng Tiangong.
Key geographies evaluated in this report are:
- North America
- France, Germany, Italy, Spain, and the UK
- Eastern Europe
- Latin America
Key features of this report
- Drivers, restraints, and challenges shaping the Road Maintenance Machinery market dynamics
- Latest innovations and key events in the industry
- Analysis of business strategies of the top players
- Road Maintenance Machinery market estimates and forecasts(2015 -2021)
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