Product Code: GVR-2-68038-827-5
Road Marking Machine Market Growth & Trends:
The global road marking machine market size is anticipated to reach USD 13.83 billion by 2030, expanding at a CAGR of 8.9%, according to a new report by Grand View Research, Inc.. Rapid globalization, industrialization, and urbanization along with technological developments are triggering the demand for high-quality infrastructure. With a view to achieve balanced regional economic growth governments across the world have increased their spending on infrastructure development.
Thus, rising investment in road infrastructure by key governments, specifically in emerging economies of APAC and CSA, are expected to propel the market over the forecast period. On the basis of product type, the market is segmented into manual, semi-automatic, and fully automatic machines. Manual machines are projected to account for the largest market share over the forecast period as they are used across various industries owing to ease of operation, compatibility with a variety of paint materials, and low operational cost.
On the basis of application, the market is segmented into road, car park markings, anti-skid, and other markings. Road markings was the largest application segment in 2018 and held 28.25% of the global market share. These markings includes line striping on highways, city roads, and sideways, among others. Car park markings is likely to be the fastest-growing segment with a CAGR of 10.5% over the forecast period owing to rising need for these markings at hotels, buildings, sideway car parking, and public car parking places.
Road Marking Machine Market Report Highlights:
- Asia Pacific accounted for the largest revenue share of 38.01% in 2022 and is expected to retain its dominance during the forecast period. The Asia Pacific market is expected to grow owing to rising expenditures on road infrastructure, and increased investments in road infrastructure.
- The Central and South America segment is expected to grow at the fastest CAGR of 10.8% during the forecast period. The region has a lot of potential and opportunities in the field of road marking machines.
- Based on machine type, the market is segmented into manual, semi-automatic, and fully automatic. Manual RMM segment accounted for the largest revenue share of 50.2% in 2022.
- Based on application, the industry has been segmented into road, car park, and anti-skid, and other markings. The other segment dominated the market with the largest revenue share in 2022.
- The car park marking segment is expected to grow at the fastest CAGR of 10.8% during the forecast period.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Machine type
- 1.1.2. Application
- 1.1.3. Regional scope
- 1.1.4. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Machine type outlook
- 2.2.2. Application outlook
- 2.2.3. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Road Marking Machine Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market driver analysis
- 3.5.2. Market restraint analysis
- 3.5.3. Industry opportunities & challenges
- 3.6. Road Marking Machine Market Analysis Tools
- 3.6.1. Industry analysis - Porter's
- 3.6.1.1. Supplier power
- 3.6.1.2. Buyer power
- 3.6.1.3. Substitution threat
- 3.6.1.4. Threat of new entrant
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Technological landscape
- 3.6.2.3. Economic landscape
- 3.6.2.4. Social landscape
- 3.6.2.5. Environmental landscape
- 3.6.2.6. Legal landscape
Chapter 4. Supplier Portfolio Analysis
- 4.1. List of Suppliers
- 4.2. Kraljic Matrix
- 4.3. Sourcing Best Practices
- 4.4. Negotiation Strategies
Chapter 5. Road Marking Machine: Machine Type Estimates & Trend Analysis
- 5.1. Road Marking Machine Market: Key Takeaways
- 5.2. Road Marking Machine Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Fully Automatic
- 5.3.1. Fully Automatic market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Semi-automatic
- 5.4.1. Semi-automatic market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Manual
- 5.5.1. Manual market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Road Marking Machine: Application Estimates & Trend Analysis
- 6.1. Road Marking Machine Market: Key Takeaways
- 6.2. Road Marking Machine Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Road Markings
- 6.3.1. Road markings market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Car Park Markings
- 6.4.1. Car park markings market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Anti-Skid Markings
- 6.5.1. Anti-skid markings market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.6. Others
- 6.6.1. Other market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Road Marking Machine Market: Regional Estimates & Trend Analysis
- 7.1. Regional Outlook
- 7.2. Road Marking Machine Market by Region: Key Takeaway
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, xx)
- 7.3.2. U.S.
- 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.3. Canada
- 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.4. Mexico
- 7.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4. Europe
- 7.4.1. Germany
- 7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.2. UK
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.3. France
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.4. Italy
- 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.5. Russia
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.6. Spain
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5. Asia Pacific
- 7.5.1. Japan
- 7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.2. China
- 7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.3. India
- 7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.4. South Korea
- 7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.5. Malaysia
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.6. Indonesia
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.7. Australia
- 7.5.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.8. Thailand
- 7.5.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6. Latin America
- 7.6.1. Brazil
- 7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6.2. Argentina
- 7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7. MEA
- 7.7.1. Saudi Arabia
- 7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.2. UAE
- 7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.3. South Africa
- 7.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Market Participant Categorization
- 8.2.1. Hofmann GmbH
- 8.2.1.1. Company overview
- 8.2.1.2. Financial performance
- 8.2.1.3. Product benchmarking
- 8.2.1.4. Strategic initiatives
- 8.2.2. Borum A/S
- 8.2.2.1. Company overview
- 8.2.2.2. Financial performance
- 8.2.2.3. Product benchmarking
- 8.2.2.4. Strategic initiatives
- 8.2.3. Graco, Inc
- 8.2.3.1. Company overview
- 8.2.3.2. Financial performance
- 8.2.3.3. Product benchmarking
- 8.2.3.4. Strategic initiatives
- 8.2.4. RME Road Marking Equipment
- 8.2.4.1. Company overview
- 8.2.4.2. Financial performance
- 8.2.4.3. Product benchmarking
- 8.2.4.4. Strategic initiatives
- 8.2.5. STiM
- 8.2.5.1. Company overview
- 8.2.5.2. Financial performance
- 8.2.5.3. Product benchmarking
- 8.2.5.4. Strategic initiatives
- 8.2.6. Zhengzhou Dayu Machinery Co., Ltd.
- 8.2.6.1. Company overview
- 8.2.6.2. Financial performance
- 8.2.6.3. Product benchmarking
- 8.2.6.4. Strategic initiatives
- 8.2.7. Automark Industries (India) Pvt. Ltd.
- 8.2.7.1. Company overview
- 8.2.7.2. Financial performance
- 8.2.7.3. Product benchmarking
- 8.2.7.4. Strategic initiatives
- 8.2.8. Titan Tool, Inc.
- 8.2.8.1. Company overview
- 8.2.8.2. Financial performance
- 8.2.8.3. Product benchmarking
- 8.2.8.4. Strategic initiatives
- 8.2.9. TATU Traffic Group
- 8.2.9.1. Company overview
- 8.2.9.2. Financial performance
- 8.2.9.3. Product benchmarking
- 8.2.9.4. Strategic initiatives
- 8.2.10. Zhenjiang Winfar Transport Facilities Co., Ltd.
- 8.2.10.1. Company overview
- 8.2.10.2. Financial performance
- 8.2.10.3. Product benchmarking
- 8.2.10.4. Strategic initiatives