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Asia Pacific Concrete Road Cutting Machine Market by Type (Petrol Floor Saw, Diesel Floor Saw, Electric Floor Saw, Others), By Application (Highways, Construction Sites, Others) and By Country (China, India, Thailand, Indonesia) Industry Analysis Report, Competitive Market Size, Share & Forecast to 2025.

Market Introduction:


In 2019, the Asia Pacific Concrete Road Cutting Machine market was valued at USD 54.2 million and is projected to register a CAGR of 8.4% to reach USD 82.2 million by the end of 2025. In terms of technology, the road cutting machine market is much mature. The concrete road cutting market in the Asia Pacific is expected to witness significant growth during the forecast period. This growth is attributed to increasing spending for the development of road infrastructure across China, India, and ASEAN countries. 


Furthermore, the market in the Asia Pacific is benefiting from increasing construction investments owing to the rapid economic growth, increasing populace, and fast urbanization in the Asian countries. However, the high preference for asphalt over concrete is likely to hamper the market growth during the review period. Nevertheless, increasing government investment and initiatives for the development of smart cities is likely to create lucrative opportunities for market players during the review period.


Based on type, Asia Pacific concrete road cutting machine market is segmented into diesel floor saw, petrol floor saw, electric floor saw, and others. In terms of value, the diesel floor saw segment dominated the Asia Pacific market with a 48.9% share in2019, which is closely followed by the petrol floor saw with a share of 43.5%. The electrical floor saw segment is set to register the highest CAGR of 11.1% during the forecast period. 
 
Based on the application, the Asia Pacific concrete road cutting market is segmented into highways, 

construction site, and others. The highways segment dominated the Asia-Pacific market with a share of 79.6% with a value of USD 43.1 million in 2019 and is expected to register a CAGR of 8.1% during the forecast period.


Asia Pacific Concrete Road Cutting Machine industry is competitive and includes various market players such as,
• Wacker Neuson
• TYROLIT
• Saint-Gobain
• Jayem Manufacturing Co.
• Hulk Lokpal
• Others


Asia Pacific Concrete Road Cutting Machine industry is segmented based on the Type, Application and Country.


By Type:
• Petrol Floor Saw
• Diesel Floor Saw
• Electric Floor Saw
• Others


By Application:
• Highways
• Construction Sites
• Others


By Country:
• China
• India
• Thailand
• Indonesia


The Asia Pacific concrete road cutting machine market is a fragmented market comprising of a large number of local and regional players operating in India and China. The key manufacturers of the road cutting machine market compete based on brand identity, technical capabilities, and cost. The market participants are investing in research & development activities in order to increase the efficiency and productivity of their products. Furthermore, the companies are also focusing on developing and launching the environmentally friendly products in order to create goodwill in the market and reduce carbon footprint.


The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Asia Pacific concrete road cutting machine market for the forecast period 2021 - 2025?
• What are the driving forces in the Asia Pacific concrete road cutting machine market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors? 
• What are the market trends influencing the progress of the Asia Pacific concrete road cutting machine industry worldwide? 
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
 
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