Increasing adoption of stabilizing machines in road construction projects to stabilize soil which enables reliable, cost-effective, and fast-paced construction processes is a key factor driving market revenue growth.
Market Size - USD 25.23 Billion in 2020, Market Growth - CAGR of 4.3%, Market Trends - Rising investments in development and introduction of technologically advanced stabilization machines.
The global stabilization machine market size is expected to reach USD 35.32 Billion in 2028, and register a CAGR of 4.3% during the forecast period. Rising awareness regarding benefits of stabilization machines over the conventional methods, and increasing number of advanced stabilization machine launches are some of the global stabilization machine market.
However, high costs of stabilization machines and lack of awareness about advantages of advanced stabilization techniques over conventional methods are major factors that could hamper revenue growth of the global stabilization machine market.
Market Size - USD 25.23 Billion in 2020, Market Growth - CAGR of 4.3%, Market Trends - Rising investments in development and introduction of technologically advanced stabilization machines.
The global stabilization machine market size is expected to reach USD 35.32 Billion in 2028, and register a CAGR of 4.3% during the forecast period. Rising awareness regarding benefits of stabilization machines over the conventional methods, and increasing number of advanced stabilization machine launches are some of the global stabilization machine market.
However, high costs of stabilization machines and lack of awareness about advantages of advanced stabilization techniques over conventional methods are major factors that could hamper revenue growth of the global stabilization machine market.
Some Key Findings From the Report:
- Among the additive segments, the polymers segment accounted for the largest revenue share of 57.6% in the global stabilization machine market in 2020, due to increasing demand for polymers to improve physical properties of soil, enhance water retention, improve soil shear-strength, and reduce erosion.
- North America market accounted for the largest revenue share in the global market in 2020, and is expected to continue with its dominance during the forecast period, due to high technological advancements and high scale adoption of stabilization machines for various applications that includes industrial, road construction & maintenance, and agriculture.
- Europe market accounted for substantially large revenue share in 2020. Factors such as presence of large number of major players of stabilization machines in countries in the region, coupled with high awareness about advanced construction/maintenance machines are expected to drive market revenue growth in the region.
- The Asia Pacific market size was USD 7.45 Billion in 2020, due to increasing demand for the product from various end use industries in countries in the region.
- Key players profiled in the report include AMAG (American Agricultural Laboratory), Biomag Medical s.r.o., CMI Corporation, Dynapac, Caterpillar Inc., Panien, Raygo, Ingersoll Rand, and Wirtgen GmbH. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global stabilization machine market is segmented on the basis of product type, additive, end use, and region:
Product Type Outlook (Revenue, USD Billion; 2018 - 2028)
- Road Pavement Mill
- Road Recycler
- Soil Stabilizers
Additive Outlook (Revenue, USD Billion; 2018 - 2028)
- Mineral and Stabilizing Agents
- Polymers
- Others
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
- Floor Industrial
- Non-agriculture
- Agriculture
Region Outlook (Revenue, USD Billion; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Stabilization Machine Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Stabilization Machine Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Stabilization Machine Market Segmentation & Impact Analysis
Chapter 5. Stabilization Machines Market By Product Type Insights & Trends
Chapter 6. Stabilization Machines Market By Additives Insights & Trends
Chapter 7. Stabilization Machines Market By Application Insights & Trends
Chapter 8. Stabilization Machines Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Amag
- Biomag
- CMI Corporation
- Dynapac
- Caterpillar
- marks
- Panien
- Raygo
- Ingersoll Rand and Wirtgen GmbH.
