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(Construction.IndustryNews247.Com, July 19, 2018 ) Concrete and road equipment are construction devices that are used to mix various ingredients to manufacture and transport concrete and are used for road construction activities. Since the early 2000s, concrete has become one of the widely used artificial stones as a road building material because of the following reasons: High compressive strength, High durability, and Resistance to extreme weather conditions.
Publisher's analysts forecast the global concrete and road construction equipment market to grow at a CAGR of 3.69% during the period 2017-2021.
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Increase in number of smart cities will be one of the major factors that will have a positive impact on the growth of the market. This will be draw a large population to the urban areas and major metropolitan cities, which will increase the congestion in the cities. The increasing urban population has put a strain on existing urban services, such as public transport and road networks. This has led to the increase in number of smart cities to accommodate the increasing urban population. The majority of road networks in these smart cities are expected to have concrete paved roads since they can reduce the fuel consumption of vehicles. This will in turn, fuel the market’s growth prospects in the coming years.
Key vendors -Deere -Komatsu -Caterpillar -Volvo -Terex
Other prominent vendors -ALLEN ENGINEERING -Apollo Inffratech -Astec Industries -Atlas Copco Group -BELL Equipment -BEML
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Market driver -Increase in number of smart cities
Market challenge -Weather and environmental conditions
Market trend -Introduction of smart concrete materials
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
Complete report is available @ http://www.reportsweb.com/global-concrete-and-road-construction-equipment-market-2017-2021
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