Global road roller market is expected to witness a significant growth on account of its increasing application in the construction industry. Road rollers are heavy engineering vehicle, which is designed to compact asphalt, soil, concrete in road construction. They use the weight of the vehicle to compress the surface. It consists of a drum compactor that compacts the surface beneath till it is smooth. An average ride on roller weighs around 20 tons and cost approximately USD 150000. Human propelled rollers gained popularity during the last decade on account of rapid growth in urban construction.
Increasing usage of rollers in urban
construction is a major application driving the overall demand. These machines
are used in road construction to flatten the road surface and asphalt. Further,
the rise in private players in road construction has propelled the usage of
rollers. Railway construction is another application driving the overall roller
demand. These heavy machines are used to flatten the land before laying of
tracks. Arid land is usually flattened before making its use for commercial or
agricultural purposes.
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The defense sector has been using
this equipment on a large scale for military engineering missions. They have
been used by various defense forces for the construction of bridges and roads.
The high cost of this equipment is expected to challenge the industry growth in
near future. These machines require a high amount of maintenance and
lubrication for efficient and safe usage. Further, such heavy equipment must be
used by trained professionals to avoid accidents causing on account of
negligence. Road Roller Industry is segmented based on its product design,
which is based upon the drum type. The drums vary in terms of number, diameter,
and weight. A two drum roller especially filled with water to achieve the
desired weight have been used at construction sites. It is convenient to carry
the lighter vehicle to the construction site and then fill them with water.
Asia Pacific has been the leading
market in recent years in terms of demand and is expected to continue its
dominance on account of increasing real estate construction. Emerging economies
such as India, China, South Korea, Malaysia, and Indonesia account for the
majority of the demand owing to increasing government expenditures for
infrastructure development. Further, regional demand is followed by North
America mainly on account of sophisticated construction techniques and defense
applications. Europe is expected to show a steady growth, mainly in the North,
owing to its increasing application in construction of bridges and railways.
South America and Africa offer bright prospects over the forecast period mainly
due to the growing road infrastructure industry. The Middle East witnessed a
significant growth over the last decade owing to the tremendous spending on
road development.
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Major players operating in the market
are ABG, Tampo, Volvo, Ingersoll Rand, Kamani Engineering, Caterpillar, Hyster,
Sany, Vibromax and Marshall. Most of these companies offer their products on
rent and lease basis or on long-term loans in order to propel their sales.
Further, collaboration with mining and construction industries play an
important role in developing strong strategic relations. GE mining and Komatsu
entered into a collaboration for developing next generation machines.
Caterpillar is a popular manufacturer and most selling in terms of construction
and mining equipment. Their products are being used by the various defense forces,
which include the U.S, Israel, Sweden, Norway, Denmark, and the Netherlands.
They have in all 110 production facilities with nearly half of them in the U.S.
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