Asphalt Pavers Market Size, Share, Growth Analysis, By Type(Track pavers, Wheel pavers, Screeds), By Pavement Width Analysis(Less than 2.5 Meters, 2.5 – 5 Meters, More than 5 Meters), By Region - Industry Forecast 2024-2031

Due to a small number of worldwide competitors and a large number of regional players, the global asphalt paver market is only somewhat fragmented. The majority of technologically sophisticated multinational players are headquartered in North America and Europe. To meet the needs in the region, new businesses are opening up across Asia Pacific. To increase sales in the industry, major manufacturers are introducing cutting-edge asphalt pavers. Manufacturers like Volvo CE are expanding into Asian regions, which is anticipated to accelerate the market growth throughout the forecast period. For instance, in July 2020, Gencor Industries announced a definitive agreement to acquire paver business from Blaw Knox, the Pennsylvania, U.S.-based paver equipment manufacturer.

Top Players in the Global Asphalt Pavers Market

• Caterpillar Inc.
• Wirtgen Group (a subsidiary of John Deere)
• Volvo Construction Equipment
• Dynapac AB (a subsidiary of Fayat Group)
• Ammann Group Holding AG
• Roadtec Inc. (a subsidiary of Astec Industries, Inc.)
• Bomag GmbH (a subsidiary of FAYAT Group)
• LeeBoy
• SAKAI HEAVY INDUSTRIES, LTD.
• Sumitomo Construction Machinery Co., Ltd.
• ABG - Titan (a subsidiary of Atlas Copco)
• XCMG Group
• Zoomlion Heavy Industry Science and Technology Co. Ltd.
• Weiler
• Mauldin Paving Products (a subsidiary of Calder Brothers Corporation)
• GOMACO Corporation
• Terex Corporation
• Hanta Machinery Co. Ltd.
• VT LeeBoy, Inc.
• SANY Group

Asphalt Pavers Market Recent Development

• In May 2020, Trimble Road Works, the major objective is to give paving contractors the tools they need to reduce the 2-D paving control platform for Asphalt Pavers, an automatic screed control system that may increase the precision and productivity in applications of asphalt paving, was introduced by stage of pricey asphalt material, get the best rideability results, and complete their projects on schedule and under budget.
• In January 2020, Volvo CE introduced two new 8-foot asphalt pavers in North America. These new pavers have excellent productivity, modern engine technology, and practical service features that make it easy for the operator to install a high-quality mat. The Volvo engines operate quietly, with only 79.2 weighted decibels of vibration (dBa).