Skip to main content

Road Maintenance Machinery Market : Financial Status over Forecast Period 2021

Road maintenance is very important in order to keep the road in its originally constructed condition, protect its close resources and user safety and provide smooth and convenient travel along the route. A proper maintenance of the road is required as it is impossible to build maintenance free roads. With the help of road maintenance machinery, roads can be maintained for a longer period of time. Additionally, drainage system should be maintained so that drainage should be free of trash and obstruction.
On newly constructed roads cleaning may have to be more frequent. Proper road maintenance could result in reliable transport at reduced cost, as there is a direct connection between road condition and vehicle operating cost. An improperly maintained road can results in more accidents. So it is very important to maintain road from safety point of view. Different activities were carried out to maintain road. Activities such as periodic works, special works, development and periodic works were carried out. Routine works are undertaken each year and it can be grouped into reactive and cyclic work types. Cyclic works are undertaken on environmental effects rather than on traffic levels. Reactive works are undertaken when the maintenance is required.
For instance patching, this is carried out in result of appearance of cracks. Periodic works are undertaken at intervals of several years to maintain the structural integrity of the road. Special works are undertaken during emergencies such as landslides and washouts, roads are cut or impassable. Development works are undertaken at the event of construction of highways and paving of unpaved roads in villages. In order to carry out these activities, different road maintenance machinery include paver, grader, road roller, asphalt mixing plants and asphalt pavement are required.
Road maintenance machinery is bifurcated into three categories: daily maintenance equipment, special road maintenance equipment and others (including cleaning equipment and bridge maintenance equipment). Daily maintenance equipment is further divided into three categories: slurry seal machine, road composite maintenance vehicle and sewing equipment. Special road maintenance equipment is further divided into three categories: sweeper, road milling machine and road paver.
In terms of geographic, North America and Europe dominates the global road maintenance machinery market due to improved road construction activities. The U.S. represents the largest market for road maintenance machinery followed by Canada in North America. In Europe, France, Germany, Italy, Spain and the U.K. holds major share of road maintenance machinery market.
Request For Report Table of Content (TOC): https://www.persistencemarketresearch.com/toc/3601
However, Asia Pacific is expected to show high growth rates in the next five years in global road maintenance machinery market. This is due to increase in the construction of new roads. Additionally, the increasing range of old roads that had come to the end of their service lives boosts the market for road maintenance machinery.
Some of the major drivers contributing the overall market growth of road maintenance machinery include increased government investment on road construction, increasing range of old roads and increasing urbanization.
Some of the major companies operating in the road maintenance machinery market are Zoomlion Heavy Industry Science&Technology Co., Ltd., XCMG Group, Volvo, Xiamen XGMA Machinery Co., Ltd., Caterpillar, SANY Group Co.,Ltd. and Dingsheng Tiangong.

Comments

Popular posts from this blog

Covaxin vs Covishield: A Comparison between the Covid-19 Vaccines of India

  The second wave of Covid-19 pandemic has reminded people the hard times faced during the coronavirus outbreak in 2020 in India. However, there is still an upper hand in 2021 in the fight against Covid-19, and this can be attributed to the nationwide vaccination drive. It has been clear that getting vaccinated is one of the simple yet effective ways to combat the pandemic. Vaccination helps in producing antibodies and boosts the immune system to fight against any infection. Besides, getting Covid-19 vaccination is known to reduce the severity of the infection and helps in lowering the chances of getting hospitalized due to the severe infection caused due to Covid-19. Covaxin Vs Covishield Currently, the Indian Government has approved two vaccines namely Covaxin and Covishield to fight Covid-19. Many people are wondering which vaccine is better among the two, and here is a quick read to help them answer all their queries. Covaxin Covaxin was given approval for by the Indian

Contactless Payment Market size share growth analysis market demand

  Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @  https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog,  the digital e

Development: Aerospace 3D Printing Market Strategy Planning by Top Manufacturers

  Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive,  aerospace 3D printing market  forecast shall cross  $5,933.4 million by 2026 , growing at a  CAGR of 26.8%  during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance,   National Aerospace Technology Exploitation Programme grants £140,000 funds for UK based company Sigma Components