Construction Equipment & Heavy Machinery · Indirect
Monitoring · monthlyProcurement Category Intelligence
Asphalt Pavers
Overview
Market size
$1.9B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
11
tracked players
Signals
11
3 high severity
Market outlook
2031$2.4B
What changed
Demand by region
Asia Pacific demand40%
North America demand28%
Europe demand20%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Steel and Fabricated Components40%
Powertrain and Hydraulic Systems25%
Direct Labor and Assembly15%
Electronics and Precision Controls12%
Logistics and Factory Overheads8%
share of delivered cost (analyst estimate)