Compaction equipment is used to compress and/or compact different types of materials at a work site. In construction sites different tools and machines are used for different purposes, such as waste around the work area is compacted and then disposed or loose soil around the work site is compacted before the start of the actual construction work.
While compaction equipment is mostly used to compress loose soil, but owing to a variety of compaction equipment available today, this equipment has found way in all types of construction activities, right from building roads to constructing industrial complexes. This equipment can compress loose soil, rocks, landfill debris, road surfaces and other materials to a particular density levels, so that the ground does not cave with use or over a period of time.
For industry structure analysis, the Compaction Equipment machine industry is concentration. BOMAG, Caterpillar and Volvo are the market leader and they occupied about 52.89% of the whole revenue market. The Compaction Equipment market is consolidated in nature. The local enterprises occupied mostly of the market share.
Northeast occupied 37.87% of the sale value in 2015. It is followed by Midwest and South, which respectively have around 29.24% and 19.15% of the global total industry.
For forecast, the global Compaction Equipment machine revenue would keep increasing with annual growth rate with 2~6%. We tend to believe that this industry still has a bright future, considering the current demand of Compaction Equipment machine. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.

According to this study, over the next five years the Compaction Equipment market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Compaction Equipment business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Compaction Equipment market by product type, application, key manufacturers and key regions and countries.

This study considers the Compaction Equipment value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Heavy Compaction Machines
Light Compaction Machines
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Road Construction
Building
City Public Works
Others

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
BOMAG
Caterpillar
Volvo
Atlas
JCB
Wacker neuson
Terex
Doosan
Sakai
MBW Incorporated
Ammann
Wirtgen Group(HAMM)
Hitachi
Belle Group
Mikasa

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Compaction Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Compaction Equipment market by identifying its various subsegments.
Focuses on the key global Compaction Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Compaction Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Compaction Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.