Cold Milling Machine Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
22783 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : RI
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.
The global cold milling machine average price is in the decline trend, from 326 K $/unit in 2013 to 297 K $/unit in 2017. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. The cold milling machine sales will reach about 3174 units in 2017 from 2623 units in 2013 all around the world, with the CAGR of 4.88%.
Europe is the largest consumption country of cold milling machine in the world in the past few years and it will keep the same position in the next few years. European market took up about 38% the global market in 2017, followed by USA (24%), and China is followed with the share about 21%.
Germany, USA, China, Italy, France and Sweden are now the key producers of cold milling machines. There are some producers with low price, poor quality products in China. Some of them bought core component from foreign enterprises, such as Caterpillar, Wirtgen, etc. The high quality products are mainly supplied by overseas producers.
Wirtgen, CMI, Caterpillar, RoadTec, XCMG, Bomag, Huatong Kinetics, Sany Group, John Deere, Xi'an Hongda, SCMC, XRMC, Atlas Copco, LiuGong, XGMA, Dingsheng and Zoomlion are the key producers in the global cold milling machine market. Top ten took up about 90% of the global production in 2017. Wirtgen hold about half of the global market while CMI, Caterpillar, etc. which have leading technology and market position, are wellknown suppliers around the world, and XCMG, Huatong Kinetics, Sany Group and Xi'an Hongda are the leading supplier in China with the total local share of about 50%.
The Global Cold Milling Machine Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Cold Milling Machine Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Wirtgen
CMI
Caterpillar
RoadTec
XCMG
Bomag
Huatong Kinetics
Sany Group
John Deere
Xi\'an Hongda
SCMC
XRMC
Atlas Copco
LiuGong
XGMA
Dingsheng
Zoomlion
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Small Cold Milling Machine
Medium Cold Milling Machine
Large Cold Milling Machine In Market segmentation by applications :
Asphalt Road
Concrete Road
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Cold Milling Machine Market for the forecast period 2023 - 2030?
• What are the driving forces in the Cold Milling Machine Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Cold Milling Machine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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