Home > Construction > Construction Equipment > Road Construction > Soil Compaction Equipment Market

Soil Compaction Equipment Market Analysis

  • Report ID: GMI5213
  • Published Date: Aug 2023
  • Report Format: PDF

Soil Compaction Equipment Market Analysis

Global Soil Compaction Equipment Market Share, By Product, 2021 - 2032 (USD Billion)

To understand key trends  
Download Free Sample
 

The vibratory plate compactors segment size surpassed USD 800 million in 2022 and is poised to witness more than 5% CAGR from 2023 to 2032, Vibratory plate compactors are experiencing substantial growth in the soil compaction equipment market due to their efficiency in quickly achieving optimal soil compaction. Vibratory plate compactors excel in various applications including road construction, landscaping & trench backfilling, making them versatile solutions for diverse construction projects. Their ability to efficiently compact soil not only speeds up construction timelines but also ensures stable foundations. These benefits align with the demand for modern construction practices and drive product adoption.

 

U.S. Soil Compaction Equipment Market Share, 2021 - 2032 (USD Million)

To understand key market trends  
Download Free Sample
 

North America led the global soil compaction equipment market with a revenue 700 million in 2022. In North America. Substantial investments in expanding transportation networks, renovating aging infrastructure, and constructing new public facilities have created a significant demand for efficient soil compaction solutions. These initiatives emphasize the importance of stable and durable foundations, influencing the adoption of advanced soil compaction equipment to ensure the long-term structural integrity of roads, bridges, and other critical infrastructure projects across the region.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for soil compaction equipment was reached USD 3.6 billion in 2022 and is projected to expand at more than a 4% CAGR from 2023 to 2032, driven by the continuous expansion of infrastructure projects worldwide.

The vibratory plate compactors segment of soil compaction equipment market generated USD 800 million in 2022 and is estimated to grow at over a 5% CAGR during 2023 and 2032, owing to their high demand due to their efficiency in quickly achieving optimal soil compaction.

North America soil compaction equipment market size exceed USD 700 million in 2022 and is anticipated to record substantial CAGR through 2032, attributed to the robust infrastructure development initiatives surging the demand for soil compaction equipment.

Dynapac, Bomag GmbH, CASE Construction Equipment, Ammann Group, Hamm AG, Hitachi Construction Machinery Co., Ltd., J C Bamford Excavators Ltd. (JCB), Martin Trailer Company (Pty) Ltd., MBW Inc., and Weber Maschinentechnik GmbH.

Soil Compaction Equipment Market Scope

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 136
  • Countries covered: 16
  • Pages: 200
 Download Free Sample