Global Cold Milling Machine Market Growth 2023-2029

Global Cold Milling Machine Market Growth 2023-2029

Cold Milling Machine (also known as a cold planer, pavement planer, pavement recycler or rotomill) is a piece of heavy equipment used to remove old asphalt pavements and surfaces from roadways, resulting in an even surface. The machine’s revolving cutting head cuts into the pavement at a predetermined depth and cross slope and removes the reclaimed asphalt pavement (RAP). The milling machine is equipped with a conveyor which deposits the RAP into a transport truck, or the RAP can be left in place (wind-rowed) to be removed at a later date or used in recycling.
LPI (LP Information)' newest research report, the “Cold Milling Machine Industry Forecast” looks at past sales and reviews total world Cold Milling Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Cold Milling Machine sales for 2023 through 2029. With Cold Milling Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cold Milling Machine industry.
This Insight Report provides a comprehensive analysis of the global Cold Milling Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cold Milling Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cold Milling Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cold Milling Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cold Milling Machine.
The global Cold Milling Machine market size is projected to grow from US$ 871 million in 2022 to US$ 786.2 million in 2029; it is expected to grow at a CAGR of 786.2 from 2023 to 2029.
Europe is the largest Cold Milling Machine market with about 59% market share. USA is follower, accounting for about 31% market share.The key manufacturers are Wirtgen, CMI, Caterpillar, RoadTec, XCMG, Bomag, Huatong Kinetics, Sany, John Deere, Xi’an Hongda, SCMC, XRMC, Atlas Copco, LiuGong, XGMA, Dingsheng, Zoomlion etc. Top 3 companies occupied about 72% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Cold Milling Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Small Cold Milling Machine
Medium Cold Milling Machine
Large Cold Milling Machine
Segmentation by application
Asphalt Road
Concrete Road
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Wirtgen
CMI
Caterpillar
RoadTec
XCMG
Bomag
Huatong Kinetics
Sany
John Deere
Xi’an Hongda
SCMC
XRMC
Atlas Copco
LiuGong
XGMA
Dingsheng
Zoomlion
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cold Milling Machine market?
What factors are driving Cold Milling Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cold Milling Machine market opportunities vary by end market size?
How does Cold Milling Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.