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Global Road Milling Machine Market Research Report 2024
Synopsis
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).
The global Road Milling Machine market was valued at US$ 1171 million in 2023 and is anticipated to reach US$ 1610.3 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Road Milling Machine, 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 Machine.
Report Scope
The Road Milling Machine market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Road Milling Machine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Road Milling Machine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Wirtgen
Caterpillar
XCMG
Bomag
Dynapac
RoadTec
CMI
Sany Group
Shantui
SAKAI HEAVY INDUSTRIES, LTD.
LiuGong
Xi'an Hongda
Kaiao
XGMA
Segment by Type
Wheeled Road Milling Machine
Tracked Road Milling Machine
Segment by Application
Road Construction
Public Engineering
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Road Milling Machine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Road Milling Machine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Road Milling Machine 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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).
The global Road Milling Machine market was valued at US$ 1171 million in 2023 and is anticipated to reach US$ 1610.3 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Road Milling Machine, 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 Machine.
Report Scope
The Road Milling Machine market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Road Milling Machine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Road Milling Machine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Wirtgen
Caterpillar
XCMG
Bomag
Dynapac
RoadTec
CMI
Sany Group
Shantui
SAKAI HEAVY INDUSTRIES, LTD.
LiuGong
Xi'an Hongda
Kaiao
XGMA
Segment by Type
Wheeled Road Milling Machine
Tracked Road Milling Machine
Segment by Application
Road Construction
Public Engineering
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Road Milling Machine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Road Milling Machine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Road Milling Machine 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Road Milling Machine Market Overview
1.1 Product Definition
1.2 Road Milling Machine Segment by Type
1.2.1 Global Road Milling Machine Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Wheeled Road Milling Machine
1.2.3 Tracked Road Milling Machine
1.3 Road Milling Machine Segment by Application
1.3.1 Global Road Milling Machine Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Road Construction
1.3.3 Public Engineering
1.4 Global Market Growth Prospects
1.4.1 Global Road Milling Machine Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Road Milling Machine Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Road Milling Machine Production Estimates and Forecasts (2019-2030)
1.4.4 Global Road Milling Machine Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Road Milling Machine Production Market Share by Manufacturers (2019-2024)
2.2 Global Road Milling Machine Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Road Milling Machine, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Road Milling Machine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Road Milling Machine Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Road Milling Machine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Road Milling Machine, Product Offered and Application
2.8 Global Key Manufacturers of Road Milling Machine, Date of Enter into This Industry
2.9 Road Milling Machine Market Competitive Situation and Trends
2.9.1 Road Milling Machine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Road Milling Machine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Road Milling Machine Production by Region
3.1 Global Road Milling Machine Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Road Milling Machine Production Value by Region (2019-2030)
3.2.1 Global Road Milling Machine Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Road Milling Machine by Region (2025-2030)
3.3 Global Road Milling Machine Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Road Milling Machine Production by Region (2019-2030)
3.4.1 Global Road Milling Machine Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Road Milling Machine by Region (2025-2030)
3.5 Global Road Milling Machine Market Price Analysis by Region (2019-2024)
3.6 Global Road Milling Machine Production and Value, Year-over-Year Growth
3.6.1 North America Road Milling Machine Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Road Milling Machine Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Road Milling Machine Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Road Milling Machine Production Value Estimates and Forecasts (2019-2030)
4 Road Milling Machine Consumption by Region
4.1 Global Road Milling Machine Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Road Milling Machine Consumption by Region (2019-2030)
4.2.1 Global Road Milling Machine Consumption by Region (2019-2024)
4.2.2 Global Road Milling Machine Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Road Milling Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Road Milling Machine Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Road Milling Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Road Milling Machine Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Road Milling Machine Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Road Milling Machine Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Road Milling Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Road Milling Machine Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Road Milling Machine Production by Type (2019-2030)
5.1.1 Global Road Milling Machine Production by Type (2019-2024)
5.1.2 Global Road Milling Machine Production by Type (2025-2030)
5.1.3 Global Road Milling Machine Production Market Share by Type (2019-2030)
5.2 Global Road Milling Machine Production Value by Type (2019-2030)
5.2.1 Global Road Milling Machine Production Value by Type (2019-2024)
5.2.2 Global Road Milling Machine Production Value by Type (2025-2030)
5.2.3 Global Road Milling Machine Production Value Market Share by Type (2019-2030)
5.3 Global Road Milling Machine Price by Type (2019-2030)
6 Segment by Application
6.1 Global Road Milling Machine Production by Application (2019-2030)
6.1.1 Global Road Milling Machine Production by Application (2019-2024)
6.1.2 Global Road Milling Machine Production by Application (2025-2030)
6.1.3 Global Road Milling Machine Production Market Share by Application (2019-2030)
6.2 Global Road Milling Machine Production Value by Application (2019-2030)
6.2.1 Global Road Milling Machine Production Value by Application (2019-2024)
6.2.2 Global Road Milling Machine Production Value by Application (2025-2030)
6.2.3 Global Road Milling Machine Production Value Market Share by Application (2019-2030)
6.3 Global Road Milling Machine Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Wirtgen
7.1.1 Wirtgen Road Milling Machine Corporation Information
7.1.2 Wirtgen Road Milling Machine Product Portfolio
7.1.3 Wirtgen Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Wirtgen Main Business and Markets Served
7.1.5 Wirtgen Recent Developments/Updates
7.2 Caterpillar
7.2.1 Caterpillar Road Milling Machine Corporation Information
7.2.2 Caterpillar Road Milling Machine Product Portfolio
7.2.3 Caterpillar Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Caterpillar Main Business and Markets Served
7.2.5 Caterpillar Recent Developments/Updates
7.3 XCMG
7.3.1 XCMG Road Milling Machine Corporation Information
7.3.2 XCMG Road Milling Machine Product Portfolio
7.3.3 XCMG Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.3.4 XCMG Main Business and Markets Served
7.3.5 XCMG Recent Developments/Updates
7.4 Bomag
7.4.1 Bomag Road Milling Machine Corporation Information
7.4.2 Bomag Road Milling Machine Product Portfolio
7.4.3 Bomag Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Bomag Main Business and Markets Served
7.4.5 Bomag Recent Developments/Updates
7.5 Dynapac
7.5.1 Dynapac Road Milling Machine Corporation Information
7.5.2 Dynapac Road Milling Machine Product Portfolio
7.5.3 Dynapac Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Dynapac Main Business and Markets Served
7.5.5 Dynapac Recent Developments/Updates
7.6 RoadTec
7.6.1 RoadTec Road Milling Machine Corporation Information
7.6.2 RoadTec Road Milling Machine Product Portfolio
7.6.3 RoadTec Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.6.4 RoadTec Main Business and Markets Served
7.6.5 RoadTec Recent Developments/Updates
7.7 CMI
7.7.1 CMI Road Milling Machine Corporation Information
7.7.2 CMI Road Milling Machine Product Portfolio
7.7.3 CMI Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.7.4 CMI Main Business and Markets Served
7.7.5 CMI Recent Developments/Updates
7.8 Sany Group
7.8.1 Sany Group Road Milling Machine Corporation Information
7.8.2 Sany Group Road Milling Machine Product Portfolio
7.8.3 Sany Group Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Sany Group Main Business and Markets Served
7.7.5 Sany Group Recent Developments/Updates
7.9 Shantui
7.9.1 Shantui Road Milling Machine Corporation Information
7.9.2 Shantui Road Milling Machine Product Portfolio
7.9.3 Shantui Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shantui Main Business and Markets Served
7.9.5 Shantui Recent Developments/Updates
7.10 SAKAI HEAVY INDUSTRIES, LTD.
7.10.1 SAKAI HEAVY INDUSTRIES, LTD. Road Milling Machine Corporation Information
7.10.2 SAKAI HEAVY INDUSTRIES, LTD. Road Milling Machine Product Portfolio
7.10.3 SAKAI HEAVY INDUSTRIES, LTD. Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.10.4 SAKAI HEAVY INDUSTRIES, LTD. Main Business and Markets Served
7.10.5 SAKAI HEAVY INDUSTRIES, LTD. Recent Developments/Updates
7.11 LiuGong
7.11.1 LiuGong Road Milling Machine Corporation Information
7.11.2 LiuGong Road Milling Machine Product Portfolio
7.11.3 LiuGong Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.11.4 LiuGong Main Business and Markets Served
7.11.5 LiuGong Recent Developments/Updates
7.12 Xi'an Hongda
7.12.1 Xi'an Hongda Road Milling Machine Corporation Information
7.12.2 Xi'an Hongda Road Milling Machine Product Portfolio
7.12.3 Xi'an Hongda Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Xi'an Hongda Main Business and Markets Served
7.12.5 Xi'an Hongda Recent Developments/Updates
7.13 Kaiao
7.13.1 Kaiao Road Milling Machine Corporation Information
7.13.2 Kaiao Road Milling Machine Product Portfolio
7.13.3 Kaiao Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Kaiao Main Business and Markets Served
7.13.5 Kaiao Recent Developments/Updates
7.14 XGMA
7.14.1 XGMA Road Milling Machine Corporation Information
7.14.2 XGMA Road Milling Machine Product Portfolio
7.14.3 XGMA Road Milling Machine Production, Value, Price and Gross Margin (2019-2024)
7.14.4 XGMA Main Business and Markets Served
7.14.5 XGMA Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Road Milling Machine Industry Chain Analysis
8.2 Road Milling Machine Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Road Milling Machine Production Mode & Process
8.4 Road Milling Machine Sales and Marketing
8.4.1 Road Milling Machine Sales Channels
8.4.2 Road Milling Machine Distributors
8.5 Road Milling Machine Customers
9 Road Milling Machine Market Dynamics
9.1 Road Milling Machine Industry Trends
9.2 Road Milling Machine Market Drivers
9.3 Road Milling Machine Market Challenges
9.4 Road Milling Machine Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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