The Soil Compaction Equipment Global Market Report 2023, provides comprehensive information on the soil compaction equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Soil Compaction Equipment Global Market Report 2023, the global soil compaction equipment market size grew from $2.98 billion in 2022 to $3.15 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The soil compaction equipment market size is expected to grow to $3.77 billion in 2027 at a CAGR of 4.5%.
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The soil compaction equipment market is segmented:
1) By Type: Rammers, Smooth Wheeled Rollers, Vibratory Plate Compactors, Sheepsfoot Rollers, Other Types
2) By Application: Building and Construction, Transport Infrastructure, Other Applications
3) By End User: Engineering And Construction, Mining
Asia-Pacific was the largest region in the soil compaction equipment market in 2022.
The table of contents in TBRC’s soil compaction equipment market report includes:
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