Los Angeles, CA -- (SBWIRE) -- 04/15/2019 -- An asphalt paver is a machine used to distribute, shape, and partially compact a layer of asphalt on the surface of a roadway, parking lot, or other area. Some pavers are towed by the dump truck delivering the asphalt, but most are self-propelled. Self-propelled pavers consist of two major components: the tractor and the screed. The tractor provides the forward motion and distributes the asphalt. The tractor includes the engine, hydraulic drives and controls, drive wheels or tracks, receiving hopper, feeder conveyors, and distribution augers. The screed levels and shapes the layer of asphalt.

Asia-Pacific has the largest market share in 2017 which account for 47.95%, and will be steadily increase due to the strong demand of the road construction in emerging economies like China, India and Southeast Asia regions. North America hold a market share of 21.96% will still play an important role which cannot be ignored. Any changes from North America might affect the development trend of Gravel Paver. Europe also play important roles in global market, but it will witness the comparatively lowest growth rate within selected regions.

The global Gravel Paver market was 1230 million US$ in 2018 and is expected to 1490 million US$ by the end of 2025, growing at a CAGR of 2.8% between 2019 and 2025.

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This report studies the Gravel Paver market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Gravel Paver in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Vogele

VOLVO

Dynapack

ST Engineering

Bomag

CAT

Ammann

XCMG

SUMITOMO

SANY

ZOOMLION

SCMC

HANTA

Tsun Greatwall

By the product type, the market is primarily split into

Tracked Pavers

Wheeled Pavers

By the end users/application, this report covers the following segments

Highway

Urban Road

Others

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