About Line Marking Machines
Line marking machines are used to draw lines and symbols related to government traffic rules. Line marking machines are used on various surfaces such as roads, airports, and other public places. Road marking is essential for controlling and guiding traffic and to convey official information, signs, and signals. They can also be applied in other facilities used by vehicles to mark parking spaces or designate areas for other uses. Significant infrastructure development and a rise in traffic conditions owing to high vehicle penetration are fuelling the demand for line marking machine market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 30.0% |
Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the lightweight jackets market. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Line Marking Machines market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hofmann GmbH (Germany), Borum A/S (Denmark), TATU Highway Group (China), Unimark Machines Pvt Ltd. (India), Graco Inc. (United States), Advanced Striping Equipment (United States), RME Road Marking Equipment (Sweden), Linemark International (Denmark), Titan Tool Inc. (United States) and Dayu Road Marking (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Zhenjiang Winfar Transport Facilities Co., Ltd. (China), Automark Industries (India), STiM Group (Belarus), M-B Companies, Inc. (United States), EZ-Liner Industries (United States), Nanjing Roadsky Traffic Facility Co., Ltd. (China) and MRL Equipment Co. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Line Marking Machines market by Type (Trucks, Self-Propelled Machines and Hand-guided Machines), Application (Roads, Airports, Sports Courts and Others) and Region.
On the basis of geography, the market of Line Marking Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Fully Automatic will boost the Line Marking Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Thermoplastic will boost the Line Marking Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Usage of Pneumatic Component to Reduce Cost and Provide Better Performance
Market Growth Drivers:
Increasing initiatives and spending by the government for repairing and maintaining the rural and urban roads is also one of the important factors for the growth of the road marking equipment market., Stringent Safety Standards by Governments across the Globe and Rapid Urbanization along with Growing Industrialization
Challenges:
Accuracy and Precision of Marking by Machine
Restraints:
Adoption of Latest Technologies such as Blind Spot Detection and Driver Assistance Systems and High Cost of Machine owing to Precise Manufacturing
Opportunities:
Development of Smart Cities and other Infrastructural Development and Technological Innovations in Marking Technology to make Marking More Precise
Market Leaders and their expansionary development strategies
In September 2023, TECHNOMARK, a leading OEM of dot peen and laser marking systems, announced today that it has ended its distribution agreement with DAPRA MARKING SYSTEMS. and To introduce Multi-4 to the USA market. Since then, the installed base of TECHNOMARK machines in the Americas region has grown to more than 5000 dot peen and laser marking systems operating in the field.
In February 2024, Whatfix announced the launch of yet another new product called Mirror, which is set to revolutionize systems training and product showcasing. Mirror creates hyper-realistic and interactive replicas of web applications for immersive training and product demonstrations without any of the risks of live system engagement. IT departments will cut down significant infrastructure and manpower costs associated with maintaining additional application environments.
On December 5, 2019, Borum A/S, has partnered with Titan road marking solutions, who offer high-quality and easy-to-use hand-guided line marking machines, for line marking on parking lots, outdoor public areas, industrial and exhibition areas, zebra crossings, service stations, airports, and much more.
Key Target Audience
Line Marking Machine Manufacturer, Government and Public Organization, Sports and Games Industry and Industrial Bodies & Associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.