Asphalt and Concrete Equipment Market Report 2026

The asphalt and concrete equipment market size has grown strongly in recent years. It will grow from $12.45 billion in 2025 to $13.1 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to rising investment in large-scale infrastructure projects, increasing use of mechanized paving solutions, reliance on steel-intensive machinery components, growth in road and airport construction activities, expanding adoption of concrete processing technologies.

The asphalt and concrete equipment market size is expected to see steady growth in the next few years. It will grow to $15.9 billion in 2030 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to increasing demand for automated construction machinery, rising investment in sustainable equipment designs, expansion of smart infrastructure initiatives, development of high-efficiency paving technologies, growing need for advanced material-handling systems. Major trends in the forecast period include integration of AI-based equipment optimization, advancement of automated asphalt and concrete machinery, development of eco-friendly paving equipment solutions, use of connected sensors for real-time equipment monitoring, expansion of digital fleet and workflow management systems.

The increasing infrastructure development is anticipated to drive the growth of the asphalt and concrete equipment market in the coming years. Infrastructure development involves the creation and enhancement of essential facilities and systems necessary for a society’s functioning, including roads, bridges, power, water supply, and communication networks. Economic growth fuels rising infrastructure development, as expanding industries and commerce demand improved transportation, energy, and communication systems for efficient operation. This development increases the need for asphalt and concrete equipment because large-scale construction projects require machinery for road building, paving, concrete mixing, and related activities. For example, in November 2023, the International Trade Administration, a US-based government agency, reported that infrastructure remains the strongest construction subsector in the UK, with output expected to increase by 4.6% in 2023. Furthermore, the UK government has reaffirmed its commitment to invest $127.4 billion in economic infrastructure between 2022-23 and 2024-25. Thus, growing infrastructure development is a key factor propelling the asphalt and concrete equipment market.

Leading companies operating in the asphalt and concrete equipment market are prioritizing the development of innovative solutions such as automated machine control systems to improve paving precision, boost operational efficiency, and reduce human error during construction activities. An automated machine control system is a technology that utilizes GPS, sensors, and onboard computing to automatically guide and operate construction machinery for highly accurate and efficient performance. For example, in April 2025, Dynapac, a Germany-based construction equipment manufacturer, collaborated with Leica Geosystems, a Switzerland-based provider of surveying and measurement solutions, to introduce automated steering and screed edge control capabilities for its SD25 and XD25 Highway Paver series. The system is engineered to follow digital stringline models with millimeter-level accuracy, removing the need for traditional string-and-pin methods. Key features include the Leica iCON pave machine control system for automated positioning, precise screed width adjustments based on digital project designs, and improved site sustainability through optimized material use and reduced waste.

In July 2024, FAYAT Group, a France-based construction company, acquired Asphalt Drum Mixers LLC for an undisclosed amount. Through this acquisition, FAYAT Group aims to enhance and expand its strategic position in the North American road construction and maintenance equipment market by capitalizing on synergies with its existing brands. Asphalt Drum Mixers LLC is a US-based manufacturer of asphalt and concrete equipment.

Major companies operating in the asphalt and concrete equipment market are Caterpillar, Komatsu Ltd., Xuzhou Construction Machinery Group Co. Ltd., SANY Heavy Industry Co. Ltd., Volvo Construction Equipment AB, FAYAT Group, Astec Industries Inc., Ammann Group Holding AG., Weiler Corporation, Schwing Stetter India Private Limited, CASE Construction Equipment, Apollo Inffratech Private Limited, Leeboy, Sumitomo Construction Machinery Co. Ltd., Alltech Industries India Pvt. Ltd., MEKA Concrete Batching Plants, Lintec And Linnhoff Holdings Pte Ltd., Blaw-Knox Corporation, HANTA MACHINERY Co. Ltd., Prem Industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the asphalt and concrete equipment market by increasing costs for imported steel, hydraulic components, engine systems, and electronic control units essential for machinery manufacturing. Road construction, airport runway, and infrastructure development projects in regions such as Asia-Pacific, North America, and Europewhere dependency on imported mechanical and electronic parts is highare most affected. Nevertheless, tariffs are supporting domestic component manufacturing, regional equipment assembly, and innovation in alternative materials, strengthening overall supply resilience.

The asphalt and concrete equipment market research report is one of a series of new reports that provides asphalt and concrete equipment market statistics, including the asphalt and concrete equipment industry's global market size, regional shares, competitors with the asphalt and concrete equipment market share, detailed asphalt and concrete equipment market segments, market trends and opportunities, and any further data you may need to thrive in the asphalt and concrete equipment market. This asphalt and concrete equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Asphalt and concrete equipment are specialized machines used for preparing, applying, and finishing paving materials. These machines are designed to efficiently handle large volumes, ensuring consistency and durability in construction projects. They are essential in infrastructure development by enhancing both speed and accuracy.

The primary types of asphalt and concrete equipment include asphalt batch mix plants, concrete road pavers, concrete block making machines, concrete pipe making machines, self-loading concrete mixer machines, and others. An asphalt batch mix plant is equipment that produces asphalt in precise batches by blending aggregates, bitumen, and fillers for road construction purposes. These machines operate on various power sources such as electric, diesel, gasoline, hybrid, and solar, and come in different sizes, including small-scale, medium-scale, large-scale, and portable models. They find wide application in road construction, airport runways, parking lots, bridges, industrial sites, and residential properties, serving end-user industries such as commercial, infrastructure, residential, industrial, government, and repair and maintenance sectors.Asia-Pacific was the largest region in the asphalt and concrete equipment market in 2025, and it is expected to be the fastest-growing region in the forecast period. The regions covered in asphalt and concrete equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the asphalt and concrete equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The asphalt and concrete equipment market consists of sales of asphalt batch mix plants, drum mix plants, and concrete block making machines. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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