1st
October 2018 - 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 on the basis of 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.
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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