Vibratory Soil Compactor Market: Introduction
- A vibratory soil compactor is used for densifying asphalt, soil, and other materials with the help of a drum, which utilizes combined forces of static and dynamic energy, in order to enhance the load-bearing capacity of surface. Moreover, vibratory soil rollers can cover the entire area underneath its wheel and also act more efficiently as compared to that of other road rollers used for compacting application. The vibratory soil compactor employs vibration to arrange the particles and also applies direct pressure to the specific layer.
- Increase in number of road construction and mining activities across the globe, led by government projects and investments for infrastructural development, is expected to propel the vibratory soil compactor market during the forecast period
Key Drivers of Vibratory Soil Compactor Market
- Increase in building and construction activities across developed and developing nations, led by rise in disposable income of consumers and private and government investments, drives the vibratory soil compactors market. The primary objective of a vibratory compactor is to create a dense substrate and to fill the natural voids and spaces in between the individual particles of soil, concrete, and asphalt. Such voids and spaces can compact the road or its material downwards, which can further cause cracks and structural damage to the road, building, or other structure. Moreover, the soil compactor’s force compacts or manipulates the soil substrate downwards and fills the naturally caused voids that further produces solid ground layer. Therefore, a rise in use of vibratory compactor for road and building construction, in order to improve quality, fuels the vibratory soil compactor market.
- Increase in investments by private organizations for the design and development of advanced equipment that could be used for expansion of infrastructure of the nation also boosts the market. Moreover, advanced vibratory soil compactors possess higher energy density, which can generate more power for soil compaction and decrease the time required for the job. Engineers have designed compactors with several innovative features that can offer excellent reliability, serviceability, and drum performance, while they are productive, safe, and comfortable for operators. Therefore, such vibratory soil compactors are widely used for several infrastructural development projects, which further propels the market.
Opportunities in Vibratory Soil Compactor Market
- Increase in stringency of government norms and regulations in order to curb the environmental issues, i.e. global warming and limited fuel reserves issues, is anticipated to augment the demand for electric vibratory soil compactor during the forecast period. Government emission norms state that electric vehicle can move on zero emission, which requires no fuel for its motion. Moreover, the European Commission is developing low-carbon technologies and has declared a grant of around one million EURO for offering several solutions for renewable energy, carbon capture, and energy storage. This further enhances the demand for electric vibratory soil compactors.
- Increased utilization of vibratory compactor in the mining industry is expected to drive the global vibratory soil compactor market in the near future. Market volatility, slump in commodity prices, and rising demand for minerals are driving mining activities, which in turn are estimated to further propel the vibratory soil compactor market during the forecast period.
Vibratory Soil Compactor Market in Asia Pacific to Expand Significantly
- Popularity of vibratory soil compactor is increasing in Asia Pacific and across the developed and developing countries, due to rising number of construction projects and other infrastructural development. Moreover, growing mining activities in Asia Pacific, due to increasing demand for minerals that are required for several manufacturing sectors, further propels the vibratory soil compactor market. Additionally, the construction industry in North America region is more developed as compared to that in other regions and it has been witnessing strong growth for the last few years, due to the presence of more number of construction vehicle and equipment manufacturers, and increasing construction and infrastructural development. Furthermore, countries in Europe have stringent norms for machine vibration and protection, which contributes to the growth of the market in the region. For instance, in August 2019, Volvo introduced the electric compact excavator named ECR25 Electric, which has replaced IC engine excavator that controls carbon emission and noise disturbance in order to comply with machine vibration and protection laws. This new excavator is projected to propel the vibratory soil compactor market in Europe.
Key Players Operating in Vibratory Soil Compactor Market
The global vibratory soil compactor market is moderately consolidated. A few of the key players operating in the global vibratory soil compactor market are:
- Volvo Group
- Caterpillar Inc.
- Xuzhou Construction Machinery Group Co., Ltd.
- Wirtgen Group
- Case Construction Equipment
- SAKAI Heavy Industries, Ltd.
- JCB India Limited
- Shantui Construction Machinery Co., Ltd.
- Guangxi LiuGong Machinery Co., Ltd.
- Ammann Group Holding AG
- Sany Heavy Industry Co., Ltd.
- China National Machinery Industry Corporation (SINOMACH)
- Luoyang Lutong Heavy Industry Machinery Co., Ltd.
- Jiangsu junma heavy industry Co.,Ltd.
Global Vibratory Soil Compactor Market: Research Scope
Global Vibratory Soil Compactor Market, by Type
- Plate Compactor
- Rammer Compactor
- Road Roller Compactor
Global Vibratory Soil Compactor Market, by Vibratory Roller Type
- Towed Vibratory Roller
- Self-Propelled Roller
- Tandem Vibratory Roller
- Light Tandem Vibratory Roller
- Combination Vibratory Roller
- Walk–behind Vibratory Roller
Global Vibratory Soil Compactor Market, by Propulsion
- IC Engine Compactor
- Electric Compactor
Global Vibratory Soil Compactor Market, by Application
- Construction & Engineering
- Mining
Global Vibratory Soil Compactor Market, by Region
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Nordic Region
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
