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Home » Equipment and Machinery » Electric Vibratory Plate Compactor Market Size, Share Report

Electric Vibratory Plate Compactor Market By Type (Single-Direction Plate Compactor, Reversible Plate Compactor, Heavy-Duty Plate Compactor); By Application (Road Construction, Building Construction, Landscaping, Municipal Works, Industrial Site Preparation); By End-User (Construction Companies, Rental Agencies, Municipal Departments, Industrial Sector); By Power Source (Battery-Powered, Corded Electric); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: SEP-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 20157404

The electric vibratory plate compactor market in 2023 was worth USD 943.5 million and is expected to be worth USD 1538.13 million by 2030, expanding at a CAGR of 6.3% during the forecast period.

 

The factors affecting the growth of the electric vibratory plate compactor industry are the rising need for environmentally friendly and productive construction equipment, especially those involved in urban construction and development projects. According to the statistics on global construction output, construction spending is expected to increase beyond $12 trillion in 2025, so there is an increasing concern about the environmental impact of construction operations. Electric vibratory plate compactors are used increasingly in city projects and indoor applications due to their non-emitting of gases and less noise than gasoline-powered compactors. One recent addition has been incorporating high end battery technology where the operation period is longer with additional, faster charging. For example, manufacturers have developed lithium-ion battery-powered compactors that provide performance reliability and are emissions compliant, particularly in such stringently regulated parts of the world as Europe.

 

One major opportunity for the electric vibratory plate compactor is the rising adoption of green construction practices and shifts towards electrification of construction tools. As more than 70% of the countries adopt strict emission control norms for construction equipment by 2024, there is an urgent need of call for electric compactors that give zero emissions and operating cost advantages. For instance, where noise and airborne pollutants are accepted as nuisances in urban construction and infrastructure development projects, electric compactors are gaining popularity. It continues with recent trends such as the release of new designs of compact, high-performance electric plate compactors with better battery backup and efficiency. Besides, these machines can help to decrease the amount of CO2 emissions and also save fuel and maintenance costs, which will be particularly useful for construction firms striving to obtain sustainable contracts and meet ecological standards.

 

electric-vibratory-plate-compactor-market-infographics

 

Market Segmentation

By Type:

  • Single-Direction Plate Compactor

  • Reversible Plate Compactor

  • Heavy-Duty Plate Compactor

 

Application:

  • Road Construction

  • Building Construction

  • Landscaping

  • Municipal Works

  • Industrial Site Preparation

 

By End-User:

  • Construction Companies

  • Rental Agencies

  • Municipal Departments

  • Industrial Sector

 

By Power Source:

  • Battery-Powered

  • Corded Electric

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

Europe holds the largest electric vibratory plate compactor market share due to its strong environmental policies encouraging the sustainable construction industry. In 2023, Europe had a market share of more than 40 percent because of the region’s primary focus on eliminating carbon footprint and noise in construction processes. Germany, the UK, and the Netherlands have set high emission standards, driving the use of electrical equipment in construction. The most recent innovation is the use of electric compactors in major European infrastructure projects like road construction in cities and construction projects, among others, since electric models meet the required noise and emission standards. This trend is also backed by government support for green construction practices, which has triggered market expansion in Europe.

 

Key Players

  • Wacker Neuson SE

  • Ammann Group

  • BOMAG GmbH

  • Weber MT

  • Atlas Copco

  • Husqvarna Group

  • MBW Inc.

  • Dynapac

  • Multiquip Inc.

  • Doosan Portable Power

Frequently Asked Question About This Report

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Table of Contents

1.    ELECTRIC VIBRATORY PLATE COMPACTOR MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    ELECTRIC VIBRATORY PLATE COMPACTOR MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – ELECTRIC VIBRATORY PLATE COMPACTOR MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Type and End Use Outlook Analysis
4.    HISTORIC TRENDS IN ELECTRIC VIBRATORY PLATE COMPACTOR MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA ELECTRIC VIBRATORY PLATE COMPACTOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Electric Vibratory Plate Compactor Historical Market ($MILLION), (2017 – 2023)
6.2. North America Electric Vibratory Plate Compactor Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
6.3.1. Single-Direction Plate Compactor
6.3.2. Reversible Plate Compactor
6.3.3. Heavy-Duty Plate Compactor
6.4. North America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Source
6.4.1. Battery-Powered
6.4.2. Corded Electric
6.5. North America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
6.5.1. Road Construction
6.5.2. Building Construction
6.5.3. Landscaping
6.5.4. Municipal Works
6.5.5. Industrial Site Preparation
6.6. North America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
6.6.1. Construction Companies
6.6.2. Rental Agencies
6.6.3. Municipal Departments
6.6.4. Industrial Sector
6.7. North America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA ELECTRIC VIBRATORY PLATE COMPACTOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE ELECTRIC VIBRATORY PLATE COMPACTOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Electric Vibratory Plate Compactor Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Electric Vibratory Plate Compactor Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
8.4. Europe Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Source
8.5. Europe Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.6. Europe Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
8.7. Europe Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC ELECTRIC VIBRATORY PLATE COMPACTOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Electric Vibratory Plate Compactor Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Electric Vibratory Plate Compactor Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
9.4. APAC Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Source
9.5. APAC Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.6. APAC Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
9.7. APAC Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA ELECTRIC VIBRATORY PLATE COMPACTOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Electric Vibratory Plate Compactor Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Electric Vibratory Plate Compactor Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
10.4. Latin America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Source
10.5. Latin America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.6. Latin America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
10.7. Latin America Electric Vibratory Plate Compactor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. Wacker Neuson SE
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Ammann Group
11.3. BOMAG GmbH
11.4. Weber MT
11.5. Atlas Copco
11.6. Husqvarna Group
11.7. MBW Inc.
11.8. Dynapac
11.9. OTHER MARKET PLAYERS

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