Road Marking Machine Market (By Type: Fully Automatic, Semi-Automatic, Manual; By Application: Road Markings, Anti-Skid Markings, Car Park Markings, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

Road marking machine is a machine/ equipment which is utilized to make road markings on cleared surfaces. Road marking gives direction to the driver and people on foot so as to protected and secure drive. Consistency in road marking needs great and proficient equipment with the goal that it doesn't make any disarray about the indication of the marking. There are numerous kinds of road marking machines which are utilized for stamping diverse sort of signs and lines, for example, traffic paths that educate drivers and walker where to stop and furthermore causes the person on foot to cross the street. Road marking is additionally critical in light of the fact that it explores the driver for securely driving and might be useful for exploring the self-ruling street vehicles in the adjacent future. Markings on the road play an essential job in street security. Road marking gives safety information, for example, vehicle situating, street arrangement, and other essential street information to drivers. Inappropriate road marking can prompt genuine wounds and even passing and subsequently, road safety administrative collections of governments over the globe are finding a way to guarantee street security. The report provides analysis of global Road Marking Machine market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global Road Marking Machine market is expected to grow at significant CAGR around 9% throughout the forecast period and reach around US$ 11.1 Billion by 2026.

Market Dynamics

Expanding infrastructure improvement and improving state of roads over the globe is one of the key factors for the development of road marking machine market throughout the conjecture time frame. The improvement of smart cities positively affects the development of market. Migration of rural populace to urban zones likewise prompts the development of new streets which thus move the demand for road marking machine market. Expanding worldwide sports activities over the globe builds the new street development which thus in a roundabout way impact on the development of market over the appraisal time frame. Besides, expanding activities and spending by government for repairing and maintaining up provincial and urban roads is likewise one of the essential factors for the development of road marking machine market. Besides, increasing development of over ocean connects just as increment in sub urban zones drive the stipulate for road marking machine all through the road marking equipment.

Road Marking Machine Industry, by Type

  • Fully Automatic
  • Semi-Automatic
  • Manual

Road Marking Machine Market, by Application

  • Road Markings
  • Anti-Skid Markings
  • Car Park Markings
  • Others

Global Road Marking Machine Market, by Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

The market research study on “Road Marking Machine Market (By Type: Fully Automatic, Semi-Automatic, Manual; By Application: Road Markings, Anti-Skid Markings, Car Park Markings, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers detailed insights on global Road Marking Machine market segments with market dynamics and their impact. The report provides insights on global Road Marking Machine market by type, application, and major geographic regions. The report also covers basic technology development policies. Asia Pacific is estimated to clutch important share in the road marking equipment market, owing to the swift urbanization and growing infrastructure growth in the region through the projected time span.

Market Participants

The global Road Marking Machine market is characterized by the presence of experienced and established players. Some of the key players include Borum A/S; STiM Group; Hofmann Gmb; Graco Inc.; Titan Tool Inc.; RME Road Marking Equipmen; TATU Traffic Group; Dayu Road Marking; Automark Industries; and Zhenjiang Winfar Transport Facilities Co., Ltd.


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