Market Share of Asphalt Pavers Industry
The asphalt pavers market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.
- In February 2024, John Deere announced a strategic partnership with Leica Geosystems, part of Hexagon, to help accelerate the digital transformation of the heavy construction industry. The partnership will leverage the strengths of both companies to bring new technologies and services to construction professionals worldwide.
Some of the major players in the market include Volvo Construction Equipment Corporation, Caterpillar Inc., Fayat Group, Ammann Group, and Wirtgen America Inc.
Asphalt Pavers Market Leaders
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Volvo Construction Equipment Corporation
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Caterpillar Inc.
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Fayat Group
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Ammann Group
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Wirtgen America, Inc.
*Disclaimer: Major Players sorted in no particular order
