Download free PDF

Concrete Paving Equipment Market Size - By Product, By Technology, By Power Source, By Application, and By End Use, Growth Forecast, 2025-2034

Report ID: GMI11287
   |
Published Date: August 2025
 | 
Report Format: PDF

Download Free PDF

Global Concrete Paving Equipment Market Size

The global concrete paving equipment market was valued at USD 1.67 billion in 2024. The market is expected to grow from USD 1.71 billion in 2025 to USD 2.48 billion in 2034, at a CAGR of 4.2%.

Concrete Paving Equipment Market

  • The global concrete paving equipment is experiencing significant growth due to several interconnected factors. The demand is primarily driven by the growing construction and infrastructure sectors, driven by highway work and development of urban road networks. Projects such as Saudi Arabia's NEOM, and India's Bharatmala highway program are good examples of large construction projects driving demand for concrete paving equipment.
     
  • Urban growth trends around the world are also driving demand for concrete paving equipment. As cities grow, the need for infrastructure to support these cities grows as well, including roads, highways, bridges and airports. Governments in emerging economies are concerned with developing transportation networks that support economic growth and reduce congestion.
     
  • Also, stringless paving technology has experiencing universal adoption, with approximately 95% of American Concrete Pavement Association members utilizing systems that are GPS guided—all without the use of string lines. The technology revolution, which started with GOMACO in 1999, greatly improves the accuracy of placement and the amount of time required to set up and pave and the potential for error that is generated by the human element.
     
  • North America is the most technologically equipped and developed market for concrete paving equipment. It is driven by these advanced developments and large-scale federal infrastructure funding and automation. The concrete paving equipment market has established companies like GOMACO, who manufactures slipform pavers that are capable of paving widths of up to 50' with price ranges from $345,405 for COMMANDER III, to $1.3 million for a GP-4000 slipform paver.  This highlights the market emphasis on larger scale high performance machinery.
     
  • The Asia-Pacific region is the fastest growing and most dynamic market for concrete paving equipment. Driven by rapid urbanization, government infrastructure initiatives, and comprehensive technological advancement across large economies. There is a large regional demand for infrastructure in China, with XCMG developing digital intelligent construction clusters, while urbanization has meant the country has generated 20 billion tons of aggregate every year. Chinese concrete manufacturers have advanced their concrete mixing station technology by developing for extreme construction conditions.

     

Global Concrete Paving Equipment Market Trends

  • Concrete Paving Equipment is increasingly integrating automation and advanced technologies like telematics, GPS, and AI. This results in cognitive reliability, improved operational performance, and stronger human factoring. Automated paving equipment can perform paving applications in a more accurate or consistent manner, which leads to higher-quality construction.
     
  • Wirtgen will launch their SP 33 slipform paver in June 2025, at World of Concrete 2025. The Wirtgen SP 33 features additional concrete paving options with Offset and Crosspave, modular design, AutoPilot 2.0 stringless paving, and an ECO-mode that allows for reduced fuel consumption, making it both precise and efficient for contractors.
     
  • Also, the use of AI and machine learning for predictive maintenance and field decision-making are taking traction in the market. This trend is especially impactful in larger-scale infrastructure projects, where efficiency and precision hold substantial importance. Similarly, machine learning algorithms study past performance data to determine when equipment will fail, based on historical patterns and variables. This analysis leads to better scheduling of preventative maintenance to reduce downtime, and costs, operationally, ranging from 15% to 25%.
     
  • As the government enacts new regulations regarding urban noise pollution, the demand for quieter and more effective machines is increasing. With the construction industry always quantifying sustainability as a viable approach, it will be easier to obtain incentives and subsidies for using environmentally friendly technology. While sustainable regulations and incentives will help drive the market by demanding adoption of the next generation of paving equipment designed to meet new standards, it will also promote industry and environmental stewardship as providers move towards more sustainable products and integrate new cementitious material components.
     
  • As noted, Regulation (EU) 2016/1628, outlines the most daring emission standard in the world for the regulation non-road mobile machinery (NRMM), with maximum particulate matter emissions for engines rated at 56-130 kW, of less than 0.015 g/kWh, and NOx emissions of less than 0.40 g/kWh under such a standard.  These regulations will incorporate non-road categories previously exempt from emission limits, such as container cranes and mobile plants. Additionally, extra limits on particle number as well as traditional mass value specified under NRMM.
     
  • Manufacturing equipment manufacturers are developing optimizing technologies to minimize material consumption while retaining expected performance standards. The National Ready Mixed Concrete Association has reported on significant action steps, such as quality control, which minimizes overdesign and cement, optimizes the concrete design to reduce material, and innovative quality performance-based cement mix and cementations material formulations that have reduced cement carbon emissions.
     
  • New paving equipment provides new Supplementary Cementitious Materials (SCM) application opportunities such as fly ash, slag cement, and silica fume to replace up to 40% of cement based on environmental facts that can reduce global warming potential by as much as 25%. These materials enhance concrete performance while significantly reducing environmental impact.
     

Global Concrete Paving Equipment Market Analysis

Concrete Paving Equipment Market Size, By Product, 2022 – 2034, (USD Million)

Based on product, the market is divided into slipform pavers, roller pavers, concrete spreaders, and batch pavers. The slipform pavers segment dominated the market accounting for around 30% share in 2024 and is expected to grow at a CAGR of over 5% through 2034.
 

  • Slipform pavers are the most advanced type of concrete paving equipment, designed to create a continuous shape and finish of concrete without requiring fixed side forms. Major manufacturers including GOMACO have begun producing slipform pavers that can pave widths as much as 50 feet (15.2 m) and depths as much as 19 inches (483 mm), such as their GP-4000 model costing around $1.3 million, which includes a modular telescoping frame that can be changed from wide configurations to narrow in a few hours.
     
  • In September 2023, Power Curbers released their SF-3404, which is being marketed as the "most innovative slipform paver," which also has a fully telescoping frame that can adjust from widths of 12 feet to 40 feet, and is powered by a 310-horsepower Cummins engine with vibrator cruise control and 3D machine control functionality for stringless paving.
     
  • The Batch pavers category is the fastest growing because it serves contractors working on smaller projects for specialized applications, where batching concrete delivery is advantageous in operations. Literature shows that projects that result in about 6,000 cubic yards or more, on-site production of concrete is economically viable, with savings possibly starting at $825,180 when handling 17,000 cubic yard projects that purchase ready-mix concrete.
     

Concrete Paving Equipment Market Share, By Technology, 2024

Based on technology, the concrete paving equipment market is categorized into manual, semi-automated, and fully automated. The semi-automated segment dominates the market with 46% share in 2024 and is expected to grow at a CAGR of over 4% from 2025 to 2034.
 

  • Semi-automated concrete paving machines combine operator direction, with an array of automated assistance systems to improve productivity and quality, while offering flexibility. The semi-automated concrete paving sector has benefited from advances in GPS location, sensor technology and hydraulic control systems, leading to targeted material placement and finishing.
     
  • Semi-automated paving machines, a hot technological segment, offer a great balance between project operational efficiency and cost effectiveness. As an example, Terex Bid-Well launched its modern Remote-Controlled 3600 RC Paver at World of Concrete 2024, in December 2023. The paver features remote control capabilities designed for use traversing bridge and roadway construction.
     
  • Fully automated concrete paving equipment has a rapidly growing presence responding to the growing demand for extremely high precision, productivity and labour challenges in large infrastructure projects. Fully automated concrete paving equipment incorporates GPS, laser pushing systems and integrated controls, placing concrete uniformly and extremely quickly, with minimal human input from workers. As labor shortages increase and efficiency demands grow, contractors are leaning toward fully automated systems to minimize downtime and improve consistency.
     

Based on power source, the concrete paving equipment market is divided into diesel, electric, and Hybrid. The diesel segment was valued at USD 1.07 billion in 2024. 
 

  • Diesel technology will hold the largest market share for concrete paving equipment due to diesel's proven reliability, high torque, and ability to run for long periods of heavy usage. Diesel equipment is especially favored in remote locations or large operations where electric charging will not be available. The latest generation of engines has made vehicle efficiency increase and have made it easier both for compliance requirements (Tier 4/Stage V) and to be environmentally progressive.
     
  • Most modern slipform pavers and heavy concrete machines use a diesel engine from 138 HP on the lesser side, to over 310 HP, depending on the job. For example, GOMACO's GP-4000 paver, with emission-controlled diesel engines, has a 222-gallon fuel tank, and Power Curbers' SF-3404 uses a 310-horsepower Cummins diesel engine. These examples highlight the continuing usage of diesel technology when producing a high volume of production work.
     
  • Electric-powered concrete paving equipment is gaining traction due to changing environmental regulations, the need to reduce noise, and urban construction profitability. Dynapac is leading the charge in this arena through the Z.ERA initiative and is pushing the industry towards carbon-neutral paving. The company has delivered the world’s first fully electric paver in Europe. Similarly, GOMACO has launched the CC-1200e electric curb machine, showing the industry's growing focus on electric-powered tools and manufacturers' commitment to adopting these technologies.
     

Based on applications, the concrete paving equipment market is divided into residential construction, road construction, and commercial construction. The road construction segment dominates the market with 47% share in 2024 and is expected to grow at a CAGR of over 5% from 2025 to 2034. 
 

  • Road construction remains the dominant application segment, as there has been significant investment globally in highway expansions, expressway networks and rural connectivity initiatives. Concrete was still the preferred construction material compared to the others, due to its durability, and lower life-cycle costs, and use of high performance slipform and batch pavers provided reliable, precise and accurate construction.
     
  • There is a large emphasis by governments globally on longer lasting, high-quality infrastructure and the change is being accelerated through the adoption of automated paving technologies that meet the evolving safety and sustainability parameters - these changes are changing the competition landscape. Companies are using mergers and acquisitions and strategic partnerships to solidify their market position, especially large-scale players.
     
  • For example, in June 2024, the Ammann Group's acquisition of the ABG paver business from Volvo CE, along with its production facilities in Germany, China and India. This acquisition would significantly expand Ammann's involvement in road construction projects through production and increase their ability to satisfy the growing global need for more advanced and reliable paving products and services.
     
  • The area of residential concrete paving is typically smaller projects such as driveways, sidewalks, patios and small parking area paving. These projects demand equipment that is manageable and precise, not machine built for mass production. Anything from the Lil' Bubba concrete curbing equipments are often used as they can make residential projects more efficient and cost-effective.
     

U.S. Concrete Paving Equipment Market Size, 2022 – 2034, (USD Million)

The U.S. dominated the North America concrete paving equipment market with around 85% revenue share, with USD 475.7 million in 2024.
 

  • The US is the most developed and technologically advanced market of concrete paving equipment, which results from large investments made by the federal government in the improvement of infrastructure and almost universal acceptance of automation technologies. The Federal Highway Administration (FHWA) has approved the Infrastructure Investment and Jobs Act of 2021, which has driven the demand for more advanced paving equipment as it has never been before. The FHWA has recently encouraged the use of technologies such as Automatic Machine Guidance (AMG) that leverage GPS positioning to assist with grade control, deliver cost savings, improve safety, ensure a consistent thickness of the paving-layer, and improve material yield.
     
  • The concrete paving equipment market in Canada benefits from established manufacturers like GOMACO Inc., which offers slipform pavers with the ability to pave up to 50 feet in width. The price ranges for GOMACO paver equipment are between $345,405 for the COMMANDER III paver model and $1.3 million for the GP-4000 slipform paver model and demonstrate the market emphasis on high performance and large-scale equipment.
     
  • The concrete paving equipment market in Canada is driven by the level of infrastructure development in the country where construction spending on roads and urban renewal projects is increasing due to continuing government leadership. There is a recognition of good prospects for the use of new technology in the futural, and automated and GPS-guided pavers are discussed more readily and seem to be more widely accepted as a replacement for conventional paving equipment. Their application ultimately improves efficiency and fuel savings and reduces jobs and project costs. There is also a growing sustainability trend in the concrete sector that is influencing the way future equipment is designed, with a strong preference for energy-efficient machinery and low emission/green machinery.
     

Germany concrete paving equipment market will grow tremendously from 2025 to 2034.
 

  • The concrete paving equipment sector in Germany is reacting to environmental regulations that are forcing manufacturers to design sustainable and electric machines. The German manufacturers, such as Quadra, manufacture sophisticated pieces of equipment for the concrete sector, including vibrating presses, wetcast machines, and robotic machines, and typically promote a position that embraces digitization and 'Smart Production' in their operations. There are also companies like Probst Handling, who have been in the market for over sixty years, specializing in gripping and laying technology for paving stones.
     
  • Major European manufacturers Heidelberg Materials demonstrate the regional convictions toward sustainability initiatives as well as emphasizing sustainability with published statements, particularly as they report USD 22.1 billion in revenue for 2022. They are heavy investors in carbon capture, utilization, and storage (CCUS) technologies, such as the world's first large-scale CCUS facility in Brevik, Norway, predicting a target of 400 kg CO2 per tonne of cementitious material by 2030.
     
  • Europe is the leader in sustainability initiatives and environmental compliance concerning the global concrete paving equipment sector as the EU's Green Deal objectives create an imperative for transformation toward carbon neutral economic practices. Concrete Europe is the key industry advocacy organization that has recently elected new leadership to aid the concrete sector realize the EU Green Deal objectives, specifically focusing on carbon emissions and sustainable construction practices.
     

The concrete paving equipment market in China will experience high growth during 2025-2034.
 

  • Asia-Pacific contributes more than 35% share of the global concrete paving equipment, making it the fastest growth region with a projected CAGR of 5%. China leads regional demand due to unmatched infrastructure development, demonstrated through XCMG developing digital intelligent construction linked to infrastructure development, urbanization driving 20 billion tonnes in aggregate production per year, and Chinese manufacturers developing concrete mixing station capabilities for extreme building conditions, such as high-altitude and desert construction.
     
  • Similarly, India demonstrates extraordinary capabilities for concrete paving, even achieving a world record for 14,613 cubic meters of concrete placed within a 24-hour time frame, with significant infrastructure development such as through the National Highways Authority of India (NHAI) also have important airport infrastructure development which includes concrete paving projects that highlight the technical developments in the country.
     
  • South Korea exhibits next-level pavement management capabilities, claiming 20 years of experience showcasing a 40% improvement in service life and 75% reduction in rehabilitation costs by unit length, in addition to working on developing innovative technologies, including mechanical tube feeding methods for constructing continuously reinforced concrete pavement (CRCP) and intelligent compaction systems for monitoring quality.
     

The concrete paving equipment market in Brazil is expected to witness strong growth throughout 2034.
 

  • Latin America holds a 7% share of the global concrete paving equipment industry in 2024 with a CAGR of 4%, as expanding steadily and governments are investing heavily in the development of transportation infrastructure in Brazil, Mexico, and Colombia. The need for durable and efficient paving solutions is significantly increasing due to urban expansion and rehabilitation of roads and infrastructure.
     
  • Brazil has taken the lead in the regional market with significant modernization initiatives for the country’s infrastructure. The Brazilian government has calculated that USD 7.4 billion invested in the 2038 infrastructure modernization, which could elevate Brazil into the top 20 global infrastructure ranking. To support this, the Brazilian government is preparing for auction 87 logistics assets, which include 37 ports and 22 roadways. It is important to note enter to note that throughout South America, over 60% of freight transportation occurs via roadways, while only 12.3% of the road network is paved.
     
  • Argentina has continued to support technical advancement within the region with completed concrete pavement performance studies, which utilized HDM-4 distress models for both jointed plain and jointed reinforced concrete types. Chile has explored innovation with respect to concrete block pavement research and with respect to paving using government technological innovation contracts, which supported the development of cost-effective alternatives for use on transport infrastructure.
     

The concrete paving equipment market in UAE is expected to experience significant growth between 2025-2034.
 

  • The Middle East & Africa region is one of the fastest-growing markets for concrete paving equipment, driven by substantial government-supported infrastructure development programs and transformational economic diversification programs. Nigeria is leading the African market development with a projected $35 Billion concrete road construction program to develop over 30,000 km of road whereby steel would represent 16% and cement close to 30% of the concrete material, and the government has singled out the urgency required to avoid the slowing of the program associated with federal processes and thus outlines the magnitude of the opportunity for concrete paving equipment suppliers.
     
  • The African Development Bank has been involved with important infrastructure initiatives, such as the $423 million Enugu-Bamenda Road Project that links Nigeria and Cameroon, whereby it rehabilitated and provided opportunity for access for over 12 million persons by 12,500 km of main roads and 15,000 km of feeder roads that have improved rural access across Africa.  This is supported strongly by the DFI, or Development Finance Institutions, in Africa continuing to support the African Union Agenda 2063 for regional integration through infrastructure development.
     
  • The Middle East is clearly advanced in their adoption of concrete paving equipment due to their public-private partnerships and technology transfer initiatives. The Atlas Industries is a UAE business with innovative wet mix plants, applied GOMACO for major infrastructure works, and Saudi Arabia's use of ELKON batching plants and airfield pavement rehabilitation have shown the region's capacity for modern construction technology.
     

Concrete Paving Equipment Market Share

The top 7 companies in the market are Wirtgen Group, Ammann Group, Bid-well, BESSER, Gomaco Corporation, Caterpillar, and SANY Group. These companies hold around 68% of the market share in 2024.
 

  • With access to John Deere's extensive global leverage, the Wirtgen Group has the solid market position due to its specialization in road and concrete paving technologies. Its advancements into automation, real-time technology monitoring, and 3D paving processes are already improving construction project/cycle speed and performance quality.
     
  • Gomaco continues to grow with superior machine guidance and automated controls with its G+ control system further allowing for consistent accuracy and less waste of the material. Plus, Gomaco has modularly designed equipment, paving contractors can work with minimized applications to help better serve clients utility and budget.
     
  • Caterpillar has built a strong reputation and brand name with trustworthy components as well as technological sophistication offer an extensive portfolio of concrete paving machines equipped with Cat's Cat Connect and Grade Control technology, paving contractors can enable real-time monitoring, automated leveling, and improved fuel consumption. Commitment to innovation that includes smart construction sites and extensive digital integration help provide diversified fleet productivity and life-cycle management during and after the build.
     
  • Ammann Group continues to be a significant player in the market due to its specialization in paving and compaction equipment with further attention to the operator’s experience with a modern approach towards sustainability. Ammann relies on a product offer that utilizes environmentally friendly technologies like low-emission engines and automated material control that ultimately meet domestic and international green construction standards.
     

Concrete Paving Equipment Market Companies

Major players operating in the concrete paving equipment industry include:

  • Ammann Group
  • BESSER
  • Bid-well (Terex Corporation)
  • Caterpillar
  • CMI Roadbuilding Inc.
  • Gomaco Corporation
  • SANY Group
  • SCHWING Stetter India
  • Wirtgen Group (John Deer)
  • XCMG Group
     
  • Wirtgen's link with John Deere facilitates data exchange and fleet management which increases productivity. Their equipment is well respected in large infrastructure projects and accompanied by a robust dealer and parts network and service support, thereby instilling trust and maintaining its market share.
     
  • Gomaco has developed loyal customers because of its ability to produce machines that meet a distinct infrastructure need. The level of advancement or quality its equipment can attain with technology adaptations and operator conveniences make Gomaco a reliable machine for contractors looking not only for precision but reliable performance.
     
  • SANY’s placement in the concrete paving market has focused on high-value, rapid development, and penetrating regions. The company focuses on emerging economies, where projected growth in infrastructure and affordable, technologically advanced equipment are key requirements. SANY has introduced a large amount of technology to its machines, including automation, GPS guidance, and energy efficiency in construction, which aligns with trends of smart construction being developed on a global basis.
     
  • BESSER is finding market share simply based on its legacy in concrete machinery and forming and batching systems that integrate with paving operations. BESSER designs its equipment to shape, or form, the material which is critical to consistently paving quality concrete. BESSER also teaches its customers about using durable construction methods so they can reduce long-term ownership costs.
     

Concrete Paving Equipment Market News

  • In June 2024, Ammann acquired the paving division, AG Pavers of Volvo Construction Equipment. This acquisition also includes ABG's plant located in Hameln, Germany. In addition, the acquisition consists of the paving operations of Volvo CE's CONCRETE business located in Linyi, China, and the in Bangalore, India paving operations of Volvo CE's CONCRETE business were also included in the acquisition.
     
  • In May of 2024, HEM announced the new SFP1800 paver, providing more options in thin and ultra-thin overlay concrete paving. Developed for bridge deck overlays, patching, repairs, and white topping projects, the SFP1800 features a standard 10 foot paving width that can be adjusted from 8 to 18 feet using extension kits. The SFP1800 gives contractors the flexibility to include everything in their paving projects and utilize multiple width options.
     
  • In November 2023, SANY has delivered China's first unmanned and more importantly, intelligent pavers and rollers. These were the first of their kind to roll off the assembly line and are expected to be a breakthrough for automation within the road construction industry. The unmanned, autonomous equipment was delivered to a domestic Chinese company and is considered a major step forward in the adoption of intelligent construction technologies.
     
  • In October 2023, GOMACO announced the new GP460 - a new and innovative combination machine that will work as both a concrete slipform paver and placer/spreader. The flexible machine is capable of widths up to 50 feet in placer/spreader mode and up to 40 feet in paving mode.
     

The concrete equipment market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue and volume ($ Mn & Units) from 2021 to 2034, for the following segments:

Market, By Product

  • Slipform pavers
  • Roller pavers
  • Concrete spreaders
  • Batch pavers

Market, By Technology

  • Manual
  • Semi-automated
  • Fully automated

Market, By Power Source

  • Diesel
  • Electric
  • Hybrid

Market, By Application

  • Residential construction
  • Road construction
  • Commercial construction
  • Others

Market, By End Use

  • Government agencies
  • Construction companies
  • Rental companies

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Belgium
    • Netherlands
    • Sweden
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Singapore
    • South Korea
    • Vietnam
    • Indonesia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE

 

Authors: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
Who are the key players in the concrete paving equipment market?
Key players include Ammann Group, BESSER, Bid-well (Terex Corporation), Caterpillar, CMI Roadbuilding Inc., Gomaco Corporation, SANY Group, SCHWING Stetter India, Wirtgen Group (John Deere), XCMG Group.
What are the upcoming trends in the concrete paving equipment market?
Key trends include integration of AI and machine learning for predictive maintenance, stringless GPS-guided paving systems, electrification of equipment, and sustainable technologies meeting stringent emission standards.
What is the growth outlook for the road construction application segment from 2025 to 2034?
The road construction dominates with 47% market share in 2024 and is projected to grow at a CAGR of over 5% till 2034.
Which region leads the concrete paving equipment market?
The US dominated the North America concrete paving equipment market with around 85% market share and revenue of USD 475.7 million in 2024.
How much market share did the slipform pavers segment hold in 2024?
Slipform pavers dominated the market with 30% share in 2024 and are expected to grow at a CAGR of over 5% through 2034, led by their advanced continuous paving capabilities.
What was the market share of the semi-automated technology segment in 2024?
Semi-automated technology held 46% market share in 2024 and is expected to grow at a CAGR of over 4% from 2025-2034, offering the optimal balance between operational efficiency and cost effectiveness.
What is the market size of the concrete paving equipment in 2024?
The market size was USD 1.67 billion in 2024, with a CAGR of 4.2% expected through 2034 driven by growing urbanization, infrastructure development, and adoption of advanced automation technologies.
What is the projected value of the concrete paving equipment market by 2034?
The concrete paving equipment market is expected to reach USD 2.48 billion by 2034, propelled by infrastructure investments, technological advancements, and economic expansion in emerging markets.
Concrete Paving Equipment Market Scope
  • Concrete Paving Equipment Market Size
  • Concrete Paving Equipment Market Trends
  • Concrete Paving Equipment Market Analysis
  • Concrete Paving Equipment Market Share
Authors: Preeti Wadhwani, Aishvarya Ambekar
Trust Factor 1
Trust Factor 2
Trust Factor 1
Premium Report Details

Base Year: 2024

Companies covered: 20

Tables & Figures: 230

Countries covered: 25

Pages: 250

Download Free PDF

Top
We use cookies to enhance user experience. (Privacy Policy)