Global Compaction Equipment Market to Grow at a CAGR of 4.7% by 2021 - Key Vendors are Caterpillar, Atlas Copco, Hitachi Construction Machinery, JC Bamford Excavators & Volvo - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Compaction Equipment Market 2017-2021" report to their offering.

The global Compaction Equipment market to grow at a CAGR of 4.74% during the period 2017-2021.

The report, Global Compaction Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is growth of equipment rental business. Construction equipment such as compaction equipment is very expensive and requires a large down payment. Insurance, licenses, and taxes add to the total cost of ownership. Therefore, small and medium enterprises (SMEs) tend to opt for rented equipment. Also, contractors are often concerned with issues such as maintenance and storage space for such equipment, as these overhead costs increase as new equipment is bought. With renting, such overhead costs can be avoided.

According to the report, one of the major drivers for this market is growth of transportation infrastructure. The increasing urbanization has resulted in creating global demand for a better transportation system. As countries are developing various plans to meet this demand, the transport infrastructure sector is expected to grow significantly in the coming years with major demand coming from countries like India and China. The rise in demand for transport infrastructure will create opportunities for global compaction equipment market as these machines are a basic requirement in completing any infrastructure projects.

Key vendors

  • Caterpillar
  • Atlas Copco
  • Hitachi Construction Machinery
  • JC Bamford Excavators
  • Volvo

Other prominent vendors

  • Ammann Group
  • Belle Group
  • BOMAG
  • CASE Construction
  • Chicago Pneumatic
  • Deere & Company
  • Doosan Portable Power
  • Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/49929w/global_compaction

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Heavy Machinery

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Heavy Machinery