Global Road Milling Equipment Market Growth 2025-2031

The global Road Milling Equipment market size is predicted to grow from US$ 1261 million in 2025 to US$ 1543 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

Road Milling Machine 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).

Global road milling machine main manufactuers include Wirtgen, Caterpillar, XCMG, Bomag, Dynapac and RoadTec, etc., totally holding a share for 60% of the market. Europe is the largest market of road milling machine, with a share more than 40%. As for the types of products, it can be divided into wheeled road milling machine and tracked road milling machine, which account for about 58%, 42% respectively. In terms of applications, it is widely used in road construction and public engineering, taking proportions 72%, 27% respectively.

LP Information, Inc. (LPI) ' newest research report, the “Road Milling Equipment Industry Forecast” looks at past sales and reviews total world Road Milling Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Road Milling Equipment sales for 2025 through 2031. With Road Milling Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Road Milling Equipment industry.

This Insight Report provides a comprehensive analysis of the global Road Milling Equipment 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 Road Milling Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Road Milling Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Road Milling Equipment 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 Road Milling Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Road Milling Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Wheeled
Tracked

Segmentation by Application:
Road Construction
Public Engineering

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 analysing the company's coverage, product portfolio, its market penetration.
Wirtgen
Caterpillar
XCMG
Bomag
Dynapac
RoadTec
CMI
Sany Group
Shantui
SAKAI HEAVY INDUSTRIES, LTD.
LiuGong
Xi'an Hongda
Kaiao
XGMA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Road Milling Equipment market?

What factors are driving Road Milling Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Road Milling Equipment market opportunities vary by end market size?

How does Road Milling Equipment break out by Type, by Application?

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