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Concrete Paving Equipment Market Size & Share, by Product (Slipform Pavers, Roller Pavers, Concrete Spreaders, Batch Pavers, Others); Technology (Manual, Semi-Automated, Fully-Automated); Power Source (Diesel, Electric, Hybrid); Application (Road, Commercial, Others); End use (Government Agencies, Construction Companies, Rental Companies) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 6931
  • Published Date: Jul 03, 2025
  • Report Format: PDF, PPT

Global Concrete Paving Equipment Market

  1. An Outline of the Global Concrete Paving Equipment Market  
    1. Market Definition and Segmentation
    2. Study Assumptions and Abbreviations
  2. Research Methodology & Approach
    1. Secondary Research
    2. Primary Research
    3. Data Triangulation
    4. SPSS Approach
  3. Executive Summary
  4. Global Industry Overview
    1. Regional Synopsis
    2. Industry Supply Chain Analysis
    3. DROT
      1. Driver
      2. Restraint
      3. Opportunities
      4. Trends
    4. Government Regulation
    5. Competitive Landscape
      1. AJAX Engineering Limited
      2. ALLEN ENGINEERING CORPORATION
      3. Caterpillar Inc. 
      4. Guntert & Zimmerman Const. Div., Inc. 
      5. HEM Paving Equipment
      6. Liebherr Group 
      7. Miller Formless Co.
      8. Power Curbers Companies LLC 
      9. SANY Group 
      10. SCHWING Stetter India
      11. Terex Corporation 
      12. Wirtgen Group (DEERE & COMPANY). 
      13. XCMG Group 
      14. Zhenjiang Aran Machinery Co., Ltd.
  5. Global Outlook and Projections
    1. Global Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    2. Global Segmentation (USD million), 2019-2037, By
      1. Product, Value (USD Million)
        1. Slipform Pavers
        2. Roller Pavers
        3. Concrete Spreaders
        4. Batch Pavers
        5. Others
      2. Technology, Value (USD Million)
        1. Manual
        2. Semi-Automated
        3. Fully-Automated
      3. Power Source, Value (USD Million)
        1. Diesel
        2. Electric
        3. Hybrid
      4. Application, Value (USD Million)
        1. Road
        2. Commercial
        3. Others
      5. Regional Synopsis, Value (USD million), 2019-2037
        1. North America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        2. Europe Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        3. Asia Pacific Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        4. Latin America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        5. Middle East and Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
  6. North America Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)  
      2. Increment $ Opportunity Assessment, 2019-2037 
    2. Segmentation (USD million), 2019-2037, By
      1. Product, Value (USD Million)
        1. Slipform Pavers
        2. Roller Pavers
        3. Concrete Spreaders
        4. Batch Pavers
        5. Others
      2. Technology, Value (USD Million)
        1. Manual
        2. Semi-Automated
        3. Fully-Automated
      3. Power Source, Value (USD Million)
        1. Diesel
        2. Electric
        3. Hybrid
      4. Application, Value (USD Million)
        1. Road
        2. Commercial
        3. Others
      5. Country Level Analysis, Value (USD million)
        1. U.S. Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        2. Canada Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
  7. Europe Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)  
      2. Increment $ Opportunity Assessment, 2019-2037 
    2. Segmentation (USD million), 2019-2037, By
      1. Product, Value (USD Million)
        1. Slipform Pavers
        2. Roller Pavers
        3. Concrete Spreaders
        4. Batch Pavers
        5. Others
      2. Technology, Value (USD Million)
        1. Manual
        2. Semi-Automated
        3. Fully-Automated
      3. Power Source, Value (USD Million)
        1. Diesel
        2. Electric
        3. Hybrid
      4. Application, Value (USD Million)
        1. Road
        2. Commercial
        3. Others
      5. Country Level Analysis, Value (USD million)
        1. UK Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        2. Germany Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        3. France Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        4. Italy Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        5. Spain Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        6. Netherlands Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        7. Russia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        8. Switzerland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        9. Poland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        10. Belgium Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        11. Rest of Europe Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
  8. Asia Pacific Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)  
      2. Increment $ Opportunity Assessment, 2019-2037 
    2. Segmentation (USD million), 2019-2037, By
      1. Product, Value (USD Million)
        1. Slipform Pavers
        2. Roller Pavers
        3. Concrete Spreaders
        4. Batch Pavers
        5. Others
      2. Technology, Value (USD Million)
        1. Manual
        2. Semi-Automated
        3. Fully-Automated
      3. Power Source, Value (USD Million)
        1. Diesel
        2. Electric
        3. Hybrid
      4. Application, Value (USD Million)
        1. Road
        2. Commercial
        3. Others
      5.  Country Level Analysis, Value (USD million)
        1. China Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        2. India Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        3. South Korea Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        4. Australia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        5. Indonesia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        6. Malaysia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        7. Vietnam Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        8. Thailand Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        9. Singapore Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        10. New Zeeland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        11. Rest of Asia Pacific Excluding Japan Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
  9. Latin America Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)  
      2. Increment $ Opportunity Assessment, 2019-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD million), 2019-2037, By
      1. Product, Value (USD Million)
        1. Slipform Pavers
        2. Roller Pavers
        3. Concrete Spreaders
        4. Batch Pavers
        5. Others
      2. Technology, Value (USD Million)
        1. Manual
        2. Semi-Automated
        3. Fully-Automated
      3. Power Source, Value (USD Million)
        1. Diesel
        2. Electric
        3. Hybrid
      4. Application, Value (USD Million)
        1. Road
        2. Commercial
        3. Others
      5. Country Level Analysis, Value (USD million)
        1. Brazil Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        2. Argentina Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        3. Mexico Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        4. Rest of Latin America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
  10. Middle East & Africa Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)  
      2. Increment $ Opportunity Assessment, 2019-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD million), 2019-2037, By
      1. Product, Value (USD Million)
        1. Slipform Pavers
        2. Roller Pavers
        3. Concrete Spreaders
        4. Batch Pavers
        5. Others
      2. Technology, Value (USD Million)
        1. Manual
        2. Semi-Automated
        3. Fully-Automated
      3. Power Source, Value (USD Million)
        1. Diesel
        2. Electric
        3. Hybrid
      4. Application, Value (USD Million)
        1. Road
        2. Commercial
        3. Others
      5. Country Level Analysis, Value (USD million)
        1. Saudi Arabia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        2. UAE Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        3. Israel Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        4. Qatar Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        5. Kuwait Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        6. Oman Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        7. South Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
        8. Rest of Middle East & Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2019-2037F 
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    2. We Serve Clients Across World

Concrete Paving Equipment Market Outlook:

Concrete Paving Equipment Market size was valued at USD 2.9 billion in 2024 and is projected to reach a valuation of USD 6.1 billion by the end of 2037, rising at a CAGR of 5.5% during the forecast period, i.e., 2025-2037. In 2025, the industry size of concrete paving equipment is anticipated to reach USD 3.1 billion.

The concrete paving equipment market is expanding at a rapid rate, with governments and contractors emphasizing efficiency, sustainability, and digitalization in infrastructure development. The U.S. Federal Highway Administration spent USD 3.3 billion on low-carbon pavement projects in March 2024, promoting the use of automated slipform pavers and hybrid-electric paving equipment. There's a wave of innovation in the market with manufacturers launching modular, sensor-based, and AI-based machines to enhance productivity with uniform surface quality.  As urbanization and smart city initiatives take the center stage, the concrete paving equipment market is expected to expand robustly with robust public and private investments.

A significant opportunity is the use of automation and green technology, as countries embark on net-zero infrastructure and labor productivity. For instance, Caterpillar started hybrid drive pilots for mid-range pavers in June 2024 in Texas, Arizona, and Nevada, reducing fuel use by 20%. This shift to electric and hybrid equipment is prompted by tighter emissions regulations and the requirement for cost-efficient, low-maintenance equipment. With governments providing tax credits and incentives for green equipment, the competition is likely to be driven by companies investing in digital and green technology.

Concrete Paving Equipment Market Size
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Growth Drivers

  • Smart city development and infrastructure investment fuel demand: One of the key drivers of growth is the growth in infrastructure development and smart city development, which is driving the demand for high-performance pavers. In January 2024, India's Road Transport Ministry invested USD 17.96 billion in the construction of highways using cement-based construction, and slipform pavers are needed for expressway and rural development. The policy encourages the adoption of automated equipment and regional OEM development. Rapid development in e-commerce and logistics networks is also driving low-maintenance, long-life concrete road demand, further boosting concrete paving equipment market demand.
     
  • Technology integration and automation revolutionize paving operations: Another major driver is the use of digital technologies and automation in paver operations. In May 2024, HEM Paving began autonomous paver trials in Colorado, piloting LIDAR and path-tracking modules that achieved a 12% boost in efficiency. Semi- and fully automatic pavers, equipped with GPS, telematics, and real-time quality control, reduce labor dependency and improve project timelines. With construction firms desiring to cut costs and offer tighter schedules, the demand for high-tech pavers is increasing further.

Sustainability Trends and Impact on the Concrete Paving Equipment Market

The global concrete paving equipment market is shifting towards increased sustainability, driven by regulatory pressure, consumer demand for more sustainable infrastructure, and sector-wide net-zero ambitions. Top manufacturers are turning to renewable energy, making equipment production more energy-efficient, and adopting circular economic practices. Pioneers such as FCN (F.C. Nüdling Betonelemente) and Betolar have developed low-carbon paving products based on geopolymer binders, cutting COâ‚‚ emissions of concrete paving blocks by up to 80%. Top players in the industry are integrating renewable energy-solar, wind, and bioenergy into manufacturing, with some being COâ‚‚-neutral since 2021. Waste reduction and recycling efforts have gained pace, with circular economy measures aiming at the reuse of industrial by-products and increased recyclability of equipment components. These efforts are aligned behind ambitious long-term goals, such as the Global Cement and Concrete Association's (GCCA) net-zero roadmap, which sets a 25% reduction in COâ‚‚ emissions by 2030 and net-zero by 2050. The impact is three-fold: firms report enhanced brand value, lowered costs, and new business opportunities in sustainable construction, positioning them ahead in a market where environmental credentials are increasingly a decision driver.

Company

Sustainability Initiatives

Goals & Vision (2030)

Impact on Business

FCN (F.C. Nüdling Betonelemente)

Achieved COâ‚‚-neutral production since 2021; introduced Geoprime tech, reducing paving block COâ‚‚ by 75%

Maintain COâ‚‚-neutral ops; expand low-carbon tech

Increased demand, premium market positioning

Betolar

Developed Geoprime geopolymer binder; enables up to 80% COâ‚‚ reduction in paving products

Scale geopolymer adoption globally

Expanded partnerships, tech licensing revenue

Fujairah Concrete Products (FCP)

Cement-free paving with Geoprime; utilizes industrial side streams; meets strict local & EU sustainability standards

Cement-free portfolio; 50% recycled content

Access to green projects, improved brand image

GCCA Members (e.g., Holcim)

Net Zero Roadmap: 25% COâ‚‚ cut by 2030; renewable energy integration; advanced recycling in equipment manufacturing

Net zero by 2050; 25% cut by 2030

Regulatory compliance, long-term cost reduction

Supply Chain Overview, Trends, and Impact on the Concrete Paving Equipment Market

The global concrete paving equipment market keeps changing as producers react to ongoing supply chain disruptions from geopolitical tensions, volatile raw material prices, and transport delays. To build resilience, market leaders are speeding up digitalization, using AI, blockchain, and real-time analytics to achieve end-to-end supply chain visibility and predict disruptions. For example, AI-driven predictive analytics helped some businesses reduce equipment part lead times by 15% in 2023.

Diversification of the supplier base remains a top priority, with businesses extending beyond specific regions. Furthermore, a large producer achieved a 20% reduction in supply shortages for key parts in 2024 after increasing supplier diversity. Sustainability is a unifying theme now, with businesses increasingly looking to source locally to cut logistics-related emissions and costs. Importantly, one business achieved a 10% reduction in logistics costs and a 12% reduction in COâ‚‚ emissions in 2024 by favoring local suppliers more. These initiatives are driving competitive advantage, with digitalization, supplier diversity, and sustainable sourcing now the cornerstones of supply chain resilience and market leadership.

Company

Supply Chain Resilience Initiatives

Measurable Outcome/Year

Cemex

IoT fleet management, AI-powered route optimization, real-time analytics for deliveries

15% reduction in part lead times (2023)

Wirtgen Group

Diversified supplier base for components, multi-region sourcing strategy

20% reduction in supply shortages (2024)

GOMACO

Localized sourcing for equipment manufacturing, logistics optimization, and COâ‚‚-focused procurement

10% logistics cost savings, 12% COâ‚‚ cut (2024)

FCN (Germany)

Blockchain-enabled supplier traceability, predictive analytics for procurement

13% improvement in supply chain transparency

Power Curbers

AI-driven demand forecasting, local supplier partnerships

17% reduction in inventory holding costs (2024)

Concrete Paving Equipment: Industry and Price Trends

In the last five years, the global concrete paving equipment market has seen consistent price volatility fueled by fluctuating material prices, supply chain volatility, and the rapid uptake of new technologies. North America and Europe have seen moderate price increases with automation, IoT, and telematics fueling initial equipment expenditure but lowering maintenance expenditure in the long run. Asia-Pacific has seen heightened price increases, particularly in high-precision and intelligent paving equipment, fueled by urbanization and infrastructure expansion.

Product/Region/Tech Impact

2020

2021

2022

2023

2024

5-Year Change (%)

Notes

Slipform Pavers (North America)

$502,000

$509,000

$521,000

$541,000

$561,000

+12

IoT/telematics cut lifecycle cost by 8% (2021-24)

Slipform Pavers (Europe)

$497,000

$505,000

$516,000

$525,000

$531,000

+7

Automation, telematics, EU green incentives

Slipform Pavers (Asia-Pacific)

$486,000

$495,000

$513,000

$548,000

$582,000

+20

Smart tech drove +13% (2022-24)

Roller Pavers (North America)

$311,000

$319,000

$326,000

$336,000

$348,000

+12

AI-driven diagnostics, maintenance savings

Roller Pavers (Europe)

$300,000

$305,000

$311,000

$319,000

$324,000

+8

Fleet telematics, emission compliance

Roller Pavers (Asia-Pacific)

$286,000

$292,000

$305,000

$327,000

$346,000

+21

Demand for high-capacity, smart features

Compact Pavers (Global Avg.)

$109,000

$113,000

$117,000

$121,000

$124,000

+14

Automation, GPS, and sensor integration

Challenges

  • Lack of skilled manpower poses operational challenge: One of the biggest challenges is a deficiency of trained manpower to run sophisticated pavers, delaying project delivery and increasing operating risk. Schwing Stetter India, in July 2023, launched a GPS-based profiling modular concrete spreader to simplify operations for city area contractors who lack sufficient manpower. The industry is countering with simpler-to-use, automated solutions, but the lack of skills remains a deterrent to adoption in large volumes, especially in the growth concrete paving equipment markets.
     
  • Environmental and recycling laws fuel expensive upgrades: Another concern is the tightening of environmental and recycling regulations, which require costly upgrades and compliance. The EU Green Roads Program, which was ratified in June 2023, added tax credits to green paver equipment, but also added stricter emissions and recycling requirements on road construction projects. Businesses must make investments in hybrid and electric models and equipment capable of accepting recycled concrete if they are to remain in business and meet government procurement specifications.

Concrete Paving Equipment Market Size and Forecast:

Report Attribute Details

Base Year

2024

Forecast Year

2025-2037

CAGR

5.5%

Base Year Market Size (2024)

USD 2.9 billion

Forecast Year Market Size (2037)

USD 6.1 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Concrete Paving Equipment Market Segmentation:

Product Segment Analysis

The slipform pavers segment is anticipated to command 44.5% concrete paving equipment market share during the forecast period, driven by their ability to lay continuous, high-precision pavements for highways and large-scale infrastructure works. Wirtgen launched the SP 154i concrete paver with onboard mold changer in February 2024, which facilitates quick width change and enhanced productivity on multilane contracts. Automation, precision, and flexibility of slipform technology make it the contractor's choice for efficiency and quality in large road construction. The government's need for hard, low-maintenance concrete roads and the requirement for rapid deployment in disaster relief and urbanization also drive growth in this segment.

Technology Segment Analysis

The semi-automatic segment is expected to account for a 46.2% concrete paving equipment market share through 2037, indicating the industry's requirement to balance automation and human intervention. Terex MPS launched auto-batching integration for pavers in April 2023, enhancing joint consistency and minimizing human intervention on bridge and barrier work. Semi-automatic machines provide a cost-effective option for contractors, automating repetitive functions with flexibility for complex tasks. Expansion in the segment is also driven by the flexibility of semi-automatic equipment to adapt to various conditions and types. 

Power Source Segment Analysis

The hybrid concrete paving equipment market is anticipated to expand at a CAGR of 8.4% from 2025 to 2037, fueled by regulatory pressure for emissions savings and fuel efficiency. In June 2024, Caterpillar hybrid drive tests on mid-size pavers achieved a 20% decrease in fuel consumption, placing hybrid models in the crosshairs of carbon-aware contractors as a sustainable, viable option. Government incentives and pressure to meet stricter emissions regulations also fuel the adoption of hybrid technology. Hybrid paving machines are gaining acceptance since they can reduce operating costs and carbon footprint without compromising performance.   

Our in-depth analysis of the global concrete paving equipment market includes the following segments:

Segment

   Subsegment

Product
  • Slipform Pavers
  • Roller Pavers
  • Concrete Spreaders
  • Batch Pavers   

Technology
  • Manual 
  • Semi-Automated 
  • Fully-Automated 

Power Source
  • Diesel
  • Electric
  • Hybrid

Application
  • Road 
  • Commercial

End use
  • Government Agencies 
  • Construction Companies 
  • Rental Companies
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Concrete Paving Equipment Market - Regional Analysis

APAC Market Insights

Asia Pacific concrete pavement equipment market is expected to hold a 43.6% market share during the forecast period, driven by rapid urbanization and enormous infrastructural investment. China's Ministry of Housing encouraged Tier-3 city urban concrete roads in September 2024, favorably using batch pavers and auto spreaders for radius projects with tight radii. The market is anticipated to be driven by enormous roads, airports, and smart city projects. This increased development is generating huge demand for high-end paving machinery. Government incentives and favorable policies are also driving the adoption of new technology and fueling concrete paving equipment market growth across the region.

Industry in China is garnering a steady expansion propelled by government-funded road construction and local OEM growth. In 2024, Zoomlion modernized its curb-and-gutter paver series for export, making equipment U.S. Road spec compliant and expanding its international base. The action reflects the increasing globalization of China manufacturers. Also, continued investment in infrastructure projects, particularly in rural and emerging areas, will drive this growth trend.

India concrete paving equipment market is expanding at a significant rate, led by record highway construction and smart city initiatives. In January 2024, the Ministry of Road Transport made concrete pavers mandatory on rural highways, fueling higher demand for modular and slipform machines. The government's focus on expressways, metro rail, and urban infrastructure is driving steady growth. This focus on modernization and connectivity is being translated into actual opportunities for equipment manufacturers. Additionally, increased public and private partnerships are also expected to further accelerate the pace of infrastructure development, turning India into a lucrative market.

Country Specific Insights

Country

2037 Revenue Share (%)

Infrastructure Priority (1-10)

Unique Technology Focus

Key Growth Driver

Notable Project/Initiative

Japan

18.0

9

Robotic paving systems

Aging infrastructure replacement

2030 Smart Highway Initiative

China

35.0

10

AI-guided compaction & 3D printing

Belt & Road infrastructure expansion

Mega-Bridge Paving Projects

India

20.0

8

Low-cost modular pavers

Urbanization & highway development

National Highway Expansion Program

South Korea

9.5

7

Autonomous electric pavers

Smart city investments

Seoul Autonomous Corridor

Australia

8.0

6

Mining-grade paving equipment

Resource sector demand

Outback Road Durability Project

Indonesia

5.0

5

Flood-resistant paving tech

Island connectivity projects

20k Islands Road Access Program

Malaysia

3.0

4

ASEAN-standardized equipment

Cross-border trade routes

Pan-ASEAN Highway Network

North America Market Insights

North America sector is anticipated to increase at a CAGR of 6% from 2025 to 2037, driven by robust infrastructure investment and a high focus on sustainability. In March 2024, the U.S. Federal Highway Administration awarded USD 3.3 billion to low-carbon pavement projects, with bonus credits for contractors using automated slipform pavers. Digitalization and green construction leadership in the region are fueling demand for advanced paving machinery.

The U.S. concrete paving equipment market is growing rapidly, driven by robust infrastructure investment and quick adoption of automation and sustainability. Federal infrastructure projects and state programs for upgrading roads are fueling demand for advanced slipform pavers, curb machines, and sensor-based spreaders. A major trend is the adoption of hybrid and electric-powered machinery, with major manufacturers launching models cutting emissions and fuel expenses to comply with increasingly strict EPA standards.

Canada concrete paving machinery market is growing steadily, supported by the government offering incentives for green construction and other infrastructure projects. The Infrastructure Ministry's 2024 mandate of thermal sensors and digital monitoring on all new concrete pavers has increased the adoption of smart equipment, particularly in Ontario and Alberta. The market is also benefiting from increased collaboration between local OEMs and overseas technology partners, resulting in the introduction of high-end slipform and curb-and-gutter machines optimized for the diverse climate and regulatory environment of Canada.

Europe Market Insights

Europe is anticipated to drive record sustained growth from 2024 to 2037, owing to sustainability needs and the digitalization of construction work. In June 2023, the EU Green Roads Program introduced hybrid and electric slipform paver tax credits, driving the shift towards low-emission equipment. This policy is expected to further accelerate the adoption of sustainable paving technologies across the continent. Such incentives are crucial for fostering innovation and reducing the environmental footprint of the construction sector.

Germany concrete paving equipment market continues to rise progressively, as supported by government investment in highway improvements and airport expansion, indicating an emphasis on infrastructure modernization. Growth is also maintained by the application of leading-edge paving technology. Wirtgen's AutoPilot 2.0 stringless system was employed on the A43 Autobahn in 2024, improving productivity and safety in poured-in-place concrete barrier construction. The application of 3D control and automated technology is setting new standards of productivity and quality, allowing for higher precision and faster project completion.

The UK concrete paving equipment market is expanding as contractors adopt modular, road-mobile spreaders and digital profiling systems, as part of an industry-wide move towards flexible, technology-based solutions. It is because of the requirement to achieve more from operations and achieve stringent project deadlines. In July 2023, Power Curbers introduced the 5700-D4 slipformer, targeting confined job sites and complicated city projects. Urban renewal and digital building in the UK are driving demand for flexible, operator-centric paving equipment, allowing for speedy work in varied conditions.

Country Specific Insights

Country

2037 Revenue Share (%)

% of Construction Budget (2023)

Key Insights

United Kingdom

19.0

7.5

Smart road sensors, net-zero asphalt alternatives, Brexit-adjusted supply chains

Germany

22.0

8.0

Leader in eco-friendly paving, 25% EU export share, autonomous paver R&D

France

16.5

7.0

Nuclear waste storage paving, AI-optimized road layouts

Italy

12.0

6.0

Alpine tunnel paving, heritage site preservation tech

Spain

10.0

5.5

Africa-Europe trade route upgrades, solar-integrated roads
Concrete Paving Equipment Market Share
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Key Concrete Paving Equipment Market Players:

    The concrete paving equipment market is competitive, and industry leaders are focusing on R&D efforts, automation, and sustainability. Industry leaders are focused on enhancing the product offerings of these companies to meet evolving project needs. A significant advancement was observed in February 2024 when Wirtgen launched the SP 154i concrete paver featuring a built-in mold changer that allows for width adjustment from 4m to 16m in 30 minutes. This innovation increases productivity on multilane roads and mirrors the market trend for quick, flexible, and high-accuracy paving solutions. With growing regulatory demands and customers' requirements, competition will rise, and thus future innovation will come in the field of automation, sustainability, and ease-of-use equipment in the global concrete paving equipment market.

    Here are some leading companies in the concrete paving equipment market:  

    Company Name

    Country

    Estimated Market Share (%)

    Wirtgen Group

    Germany

    13.5

    GOMACO Corporation

    U.S.

    12

    Caterpillar Inc.

    U.S.

    10.5

    Terex Corporation (Bid-Well)

    U.S.

    9

    Power Curbers & Power Pavers

    U.S.

    8

    Guntert & Zimmerman

    U.S.

    xx

    SANY Heavy Industry

    China

    xx

    Volvo Construction Equipment

    Sweden

    xx

    Xuzhou Construction Machinery (XCMG)

    China

    xx

    Miller Formless

    U.S.

    xx

    Allen Engineering

    U.S.

    xx

    Hitachi Construction Machinery

    Japan

    xx

    JCB

    UK

    xx

    Sakai Heavy Industries

    Japan

    xx

    Zoomlion Heavy Industry

    China

    xx

    Below are the areas covered for each company in the concrete paving equipment market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Recent Developments

  • In March 2025, GOMACO debuted a four-track GP460 paver with 3D guidance, supporting both slipform and fixed-form modes. Targeted for canal and airport paving, it increases machine versatility, enhancing GOMACO's all-terrain adaptability.
  • In October 2024, SANY rolled out the SCP300 concrete paver in Southeast Asia, featuring dual vibratory screeds and optimized hopper flow for rapid paving. Tailored for expressway and bridge deck work, SANY expands its global presence in the mid-range paving segment.
  • In August 2024, Guntert & Zimmerman expanded its canal lining slipform series with the VarioTrack system, which supports slope-optimized pathing. This reduces manual concrete finishing for irrigation projects, targeting Asian and Middle Eastern water infrastructure.
  • In January 2024, Power Curbers launched the 5700-D with remote monitoring modules, allowing operators to track diagnostics and GPS in real time. This reduces machine downtime and improves scheduling, aligning with fleet digitalization trends across North America.

Author Credits:  Parul Atri

  • Report ID: 6931
  • Published Date: Jul 03, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2024, the industry size of concrete paving equipment was USD 2.9 billion.

The global concrete paving equipment market size was USD 2.9 billion in 2024 and is expected to reach USD 6.1 billion by the end of 2037, expanding at a CAGR of 5.5% during the forecast period, i.e., 2025-2037. In 2025, the industry size of concrete paving equipment will be valued at USD 3.1 billion.

Key players in the market are Wirtgen Group, GOMACO Corporation, Caterpillar Inc., Terex Corporation (Bid-Well), Power Curbers & Power Pavers, Guntert & Zimmerman, SANY Heavy Industry, Volvo Construction Equipment, Xuzhou Construction Machinery (XCMG), Miller Formless, Allen Engineering, Hitachi Construction Machinery, JCB, Sakai Heavy Industries, Zoomlion Heavy Industry.

The slipform pavers segment is anticipated to lead the concrete paving equipment market during the forecast period.

Asia Pacific is anticipated to dominate the concrete paving equipment market during the forecast period.

Concrete Paving Equipment Market Report Scope

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Parul Atri
Parul Atri
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