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).
This report aims to provide a comprehensive presentation of the global market for Road Milling Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Road Milling Equipment. This report contains market size and forecasts of Road Milling Equipment in global, including the following market information:
- Global Road Milling Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Road Milling Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Road Milling Equipment companies in 2022 (%)
The global Road Milling Equipment market was valued at US$ 1204.9 million in 2022 and is projected to reach US$ 1497.9 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Road Milling Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Road Milling Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Road Milling Equipment Market Segment Percentages, by Type, 2022 (%)
Global Road Milling Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Road Milling Equipment Market Segment Percentages, by Application, 2022 (%)
- Road Construction
- Public Engineering
Global Road Milling Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Road Milling Equipment Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Road Milling Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Road Milling Equipment revenues share in global market, 2022 (%)
- Key companies Road Milling Equipment sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Road Milling Equipment sales share in global market, 2022 (%)
key players include:
- Wirtgen
- Caterpillar
- XCMG
- Bomag
- Dynapac
- RoadTec
- CMI
- Sany Group
- Shantui
- SAKAI HEAVY INDUSTRIES, LTD.
- LiuGong
- Xi'an Hongda
- Kaiao
- XGMA
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Road Milling Equipment, market overview.
- Chapter 2: Global Road Milling Equipment market size in revenue and volume.
- Chapter 3: Detailed analysis of Road Milling Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Road Milling Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Road Milling Equipment capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
