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According to the latest research, the global Road Marking Machine market size was valued at USD 1947.92 million in 2022 and is expected to expand at a CAGR of 28.22% during the forecast period, reaching USD 8655.76 million by 2028.
Road marking machine is a kind of device specially used to delineate diverse traffic lines on blacktop or concrete surface in order to offer guidance and information to motorists and pedestrians. Regulation for parking and stopping can also be indicated by the traffic lanes. Line marking machines conduct their work through screeding, extruding, and spraying thermoplastic paints or cold solvent paints on to the pavement surface. Road marking machine, herein means the aggregate of hand-push type machine, self-propelled type machine, sitting type machine, thermoplastic type machine and cold painting type machine, which is used to mark line on road. It is mainly used in car parks, avenues, streets, highway, etc. contributing to improve the convenience and safety of driving and walking.
Drivers
Increasing government spending on infrastructure construction and continuous improvement of transportation network are the major factors driving the market growth. Likewise, increasing safety concerns are increasing the adoption of the road marking machine market. Furthermore, the increasing number of accidents due to the lack of road markings is driving the market demand. In addition, the growing development of smart cities and the migration of rural populations to urban areas is increasing the need for new road construction. This in turn will increase the demand for the road marking machine market.
The road marking machine has played a huge role in urban planning and highway construction with its advantages of speed, efficiency and accuracy, saving the construction period and economic investment of road construction. The key to the advantages of the road marking machine is that there are few construction equipment and a long service life. The marking line has good reflective effect, strong anti-pollution performance, can maintain bright for a long time, has good adhesion, good wear resistance and durability.
With the development of the global economy and the acceleration of urbanization, a perfect road transportation system is urgently needed. From the perspective of production, a sound comprehensive transportation network layout and efficient logistics system are conducive to optimizing the industrial layout, promoting the deepening of industrial division of labor, improving the efficiency of production organization, and connecting more people and logistics safely and smoothly into the domestic and international economic cycle. Therefore, the construction of well-established road markings is very important for the traffic system, and the application of road marking machines is indispensable in this regard.
Region Overview:
Asia Pacific had the highest growth rate of all regions.
Company Overview:
GRACO is one of the major players operating in the Road Marking Machine market, holding a share of 8.37% in 2022.
Graco is an American manufacturer of fluid-handling systems and products based in Minneapolis, Minnesota. In the Lubrication Equipment Division (LED), Graco produces automatic lubrication equipment, vehicle lubrication maintenance and repair equipment, and a variety of activators and switches for the lubrication process. Graco serves a wide variety of markets, including painting, anti-corrosion, fluid transfer, gluing and sanitary applications, automotive, aeronautic, body refinish, wood, building and construction, and marine.
MRL produces high-quality, high-yield traffic coatings, thermoplastics, multiple components, and line demolition/road grooving equipment. Since 1967, MRL's extensive "hands-on" pavement marking contracting experience, innovative engineering and focus on quality have made MRL an equipment supplier in the industry.
Segmentation Overview:
Among different product types, Semi-Automatic segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Road segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Road Marking Machine industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Road Marking Machine. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Road Marking Machine Market Report Include:
Market Size Estimates: Road Marking Machine market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Road Marking Machine market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Road Marking Machine market
Segment Market Analysis: Road Marking Machine market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Road Marking Machine market situations and prospects in major and top regions and countries
Road Marking Machine Market
Road Marking Machine Industry Chain: Road Marking Machine market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Road Marking Machine Industry News, Policies by regions
Road Marking Machine Industry Porters Five Forces Analysis
Key players in the global Road Marking Machine market are covered in Chapter 2:
Euroliners
CMC
Seymour Paint
HOFMANN
Newstripe
Borum
M-B Companies
Jiangsu Lu Xinda
TITAN
Fleet Line Markers
MRL
GRACO
TATU Traffic Group
EZ-Liner
RUST-OLEUM
In Chapter 6 and Chapter 9, on the basis of types, the Road Marking Machine market from 2018 to 2028 is primarily split into:
Manual
Semi-Automatic
Fully Automatic
In Chapter 7 and Chapter 10, on the basis of applications, the Road Marking Machine market from 2018 to 2028 covers:
Road
Car Park
Anti-Skid
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Road Marking Machine market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Road Marking Machine industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Road Marking Machine market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Road Marking Machine industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Road Marking Machine market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Road Marking Machine market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Road Marking Machine market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Road marking machine is a kind of device specially used to delineate diverse traffic lines on blacktop or concrete surface in order to offer guidance and information to motorists and pedestrians. Regulation for parking and stopping can also be indicated by the traffic lanes. Line marking machines conduct their work through screeding, extruding, and spraying thermoplastic paints or cold solvent paints on to the pavement surface. Road marking machine, herein means the aggregate of hand-push type machine, self-propelled type machine, sitting type machine, thermoplastic type machine and cold painting type machine, which is used to mark line on road. It is mainly used in car parks, avenues, streets, highway, etc. contributing to improve the convenience and safety of driving and walking.
Drivers
Increasing government spending on infrastructure construction and continuous improvement of transportation network are the major factors driving the market growth. Likewise, increasing safety concerns are increasing the adoption of the road marking machine market. Furthermore, the increasing number of accidents due to the lack of road markings is driving the market demand. In addition, the growing development of smart cities and the migration of rural populations to urban areas is increasing the need for new road construction. This in turn will increase the demand for the road marking machine market.
The road marking machine has played a huge role in urban planning and highway construction with its advantages of speed, efficiency and accuracy, saving the construction period and economic investment of road construction. The key to the advantages of the road marking machine is that there are few construction equipment and a long service life. The marking line has good reflective effect, strong anti-pollution performance, can maintain bright for a long time, has good adhesion, good wear resistance and durability.
With the development of the global economy and the acceleration of urbanization, a perfect road transportation system is urgently needed. From the perspective of production, a sound comprehensive transportation network layout and efficient logistics system are conducive to optimizing the industrial layout, promoting the deepening of industrial division of labor, improving the efficiency of production organization, and connecting more people and logistics safely and smoothly into the domestic and international economic cycle. Therefore, the construction of well-established road markings is very important for the traffic system, and the application of road marking machines is indispensable in this regard.
Region Overview:
Asia Pacific had the highest growth rate of all regions.
Company Overview:
GRACO is one of the major players operating in the Road Marking Machine market, holding a share of 8.37% in 2022.
Graco is an American manufacturer of fluid-handling systems and products based in Minneapolis, Minnesota. In the Lubrication Equipment Division (LED), Graco produces automatic lubrication equipment, vehicle lubrication maintenance and repair equipment, and a variety of activators and switches for the lubrication process. Graco serves a wide variety of markets, including painting, anti-corrosion, fluid transfer, gluing and sanitary applications, automotive, aeronautic, body refinish, wood, building and construction, and marine.
MRL produces high-quality, high-yield traffic coatings, thermoplastics, multiple components, and line demolition/road grooving equipment. Since 1967, MRL's extensive "hands-on" pavement marking contracting experience, innovative engineering and focus on quality have made MRL an equipment supplier in the industry.
Segmentation Overview:
Among different product types, Semi-Automatic segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Road segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Road Marking Machine industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Road Marking Machine. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Road Marking Machine Market Report Include:
Market Size Estimates: Road Marking Machine market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Road Marking Machine market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Road Marking Machine market
Segment Market Analysis: Road Marking Machine market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Road Marking Machine market situations and prospects in major and top regions and countries
Road Marking Machine Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Road Marking Machine Industry Chain: Road Marking Machine market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Road Marking Machine Industry News, Policies by regions
Road Marking Machine Industry Porters Five Forces Analysis
Key players in the global Road Marking Machine market are covered in Chapter 2:
Euroliners
CMC
Seymour Paint
HOFMANN
Newstripe
Borum
M-B Companies
Jiangsu Lu Xinda
TITAN
Fleet Line Markers
MRL
GRACO
TATU Traffic Group
EZ-Liner
RUST-OLEUM
In Chapter 6 and Chapter 9, on the basis of types, the Road Marking Machine market from 2018 to 2028 is primarily split into:
Manual
Semi-Automatic
Fully Automatic
In Chapter 7 and Chapter 10, on the basis of applications, the Road Marking Machine market from 2018 to 2028 covers:
Road
Car Park
Anti-Skid
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Road Marking Machine market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Road Marking Machine industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Road Marking Machine market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Road Marking Machine industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Road Marking Machine market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Road Marking Machine market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Road Marking Machine market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
