Global and India Vibratory Soil Compactor Market Size, Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Global and India Vibratory Soil Compactor Market Size

The global Vibratory Soil Compactor revenue was US$ 1553.1 million in 2022 and is forecast to a readjusted size of US$ 1799.4 million by 2029 with a CAGR of 2.1% during the forecast period (2023-2029).

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Report Scope
Vibratory compactors are frequently used machines to compact materials such as soil in order to increase its density for construction and are utilized for in landfill tasks. Some common varieties are plate tamper which is also known as rammers, compactors, vibratory plates and vibratory pad foot compactors.
In India, the Vibratory Soil Compactor revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Asia-Pacific is the largest Vibratory Soil Compactor market with about 49% market share. Europe is follower, accounting for about 19% market share.The key manufacturers are WIRTGEN, Caterpillar, Bomag, XCMG, Case, Sakai Heavy Industries., JCB, Dynapac, Volvo, Shantui, Liugong Machinery, Ammann, Sany, XGMA, SINOMACH, Luoyang Lutong, Jiangsu Junma, DEGONG etc. Top 3 companies occupied about 37% market share.
This report focuses on global and India Vibratory Soil Compactor market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Vibratory Soil Compactor will continue to grow rapidly in the future.

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Segment by Type
• Less than 5 Ton
• 5-13 Ton
• More than 13 Ton

Segment by Application
• Road Construction
• Public Engineering
• Others

By Company
WIRTGEN, Caterpillar, Bomag, XCMG, Case, Sakai Heavy Industries., JCB, Dynapac, Volvo, Shantui, Liugong Machinery, Ammann, Sany, XGMA, SINOMACH, Luoyang Lutong, Jiangsu Junma, DEGONG

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