Cold Milling Machine Market Research Report - Global Forecast 2027

Cold milling machine Market Research Report: Information by Type (Wheel Type and Crawler Type), Milling Width (0-1.3 m, 1.3 - 2.0 m and Above 2.0 m), Application (Concrete Pavement and Asphalt Pavement) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2027

ID: MRFR/CO/6989-HCR | February, 2021 | Region : Global

Cold Milling Machine Market Synopsis:


The Global Cold Milling Machine Industry size was valued at 1.37 billion in 2018, which is expected to witness 4.17% CAGR during the forecast period.


The global market for cold milling machine has witnessed substantial growth in the past couple of years. The demand for asphalt milling is expected to be driven by the rising demand for road planner surfaces. Moreover, the growth in the number of non-residential construction projects across the globe is further expected to increase the cold milling machines demand. Globally the cold milling machines market is moderately concentrated, with the presence of less market players. The top five players accounted for 65% of market share in global cold milling machine market. The market players are also focused on the development of newer and products, which is likely to have a positive impact on the global market.


Moreover, the rise in road construction projects owing to the rise in traffic congestion is expected to create opportunities for the market players in the near future. However, higher initial cost is expected to restrain the global cold milling machines market.


Cold milling machine is a heavy construction equipment mainly used for removing old asphalt pavements from road surfaces, resulting in an even surface. The cold milling machine is also known by different names as pavement planers, cold planers, mill or asphalt milling machine pavement recyclers and roto-mills.


Regional Analysis


The Global Cold Milling Machines Market has been segmented into five regions, including North America, South America, Asia-Pacific, Asia-Pacific and the Middle East & Africa. In 2018, the market in Asia-Pacific was the largest market for cold milling machine, followed by North America and Europe.


A healthy spread of road construction projects is further supporting the stability of the Asia-Pacific pavement milling machine market. The governments in Asia-Pacific are expected to increase their investment for infrastructure in the coming years, which will likely have a positive impact on global cold milling market. Increased urbanization leads to investment and government spending particularly in emerging economies, resulting in the growth of infrastructure development for the road construction industry in the region.


Asia-Pacific is set to witness the highest growth rate in the global cold milling machines market due to the rapid urbanization in China, India, and other emerging economies in the region.


The Prominent Players


The key players in the Global Cold Milling Machine Industry include John Deere (US), CMI Roadbuilding Limited (UK), Wirtgen Group (Germany), Caterpillar (US), XCMG (China),   Astec Industries (US), Bomag (Germany), Dynapac (Sweden) Huatong Kinetics (China),  and LiuGong (China).


Global Cold milling machine: Segmental Analysis


The Global Cold Milling Machine Industry has been segmented based on type, milling width and application. The global cold milling machine market is segmented by type as wheel-type and crawler-type.


The crawler segment held the largest market share of the global cold milling machine market in 2018 and is expected to witness the highest CAGR during the forecast period as it mostly used for all types of land surface areas.


The global cold milling machine industries is segmented on the basis of milling width as 0–1.3 m, 1.3–2.0 m and above 2.0 m. Above 2.0 m milling width machines are primarily used for road construction so this segment is likely to hold majority of market share. Furthermore, the key manufacturers in the cold milling machines market are focusing on the above 2.0 m milling width machines, leading to a majority of share of this segment.


The global market is segmented on the basis of application concrete pavement and asphalt pavement. The growing road construction sector has further boosted the market demand for asphalt pavement.  Thus, this segment holds the majority of market share in the global cold milling machines market. The cold milling machines are mainly used for pavement milling, cold planing, asphalt milling, and road profiling.


Intended Audience



  • Cold milling machine manufacturers

  • Cold milling machine traders/distributers/suppliers

  • raw materials suppliers

  • Architects & engineers

  • Regulatory bodies

  • Research organizations

  • Association and industry bodies

  • End consumers

  • Market research and consulting firms

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

5 Global Cold Milling Machines Market, by Type

5.1 Introduction

5.2 Wheel-type

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast, by Region, 2020-2027

5.3 Crawler-type

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast, by Region, 2020-2027

6 Global Cold Milling Machines Market, by Milling width

6.1 Introduction

6.2 0-1.3 m

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Asphalt Pavement

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Above 2.0 m

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

7 Global Cold Milling Machines Market, by Application

7.1 Introduction

7.2 Concrete Pavement

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Asphalt Pavement

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

8 Global Cold Milling Machines Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.3 Market Estimates & Forecast, by Milling width, 2020-2027

8.2.4 Market Estimates & Forecast, by Application, 2020-2027

8.2.5 US

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast, by Type , 2020-2027

8.2.5.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.2.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast, by Type , 2020-2027

8.2.6.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.2.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.2.7 Mexico

8.2.7.1 Market Estimates & Forecast, 2020-2027

8.2.7.2 Market Estimates & Forecast, by Type , 2020-2027

8.2.7.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.2.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Type , 2020-2027

8.3.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.3.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.5 UK

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Type , 2020-2027

8.3.5.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.3.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Type , 2020-2027

8.3.6.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.3.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Type , 2020-2027

8.3.7.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.3.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Type , 2020-2027

8.3.8.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.3.8.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Type , 2020-2027

8.3.9.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.3.9.4 Market Estimates & Forecast, by Application, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Type , 2020-2027

8.4.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.4.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Type , 2020-2027

8.4.5.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.4.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Type , 2020-2027

8.4.6.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.4.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Type , 2020-2027

8.4.7.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.4.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Type , 2020-2027

8.4.8.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.4.8.4 Market Estimates & Forecast, by Application, 2020-2027

8.5 South America

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Type , 2020-2027

8.5.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.5.5 Brazil

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Type , 2020-2027

8.5.5.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.5.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.5.6 Argentina

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Type , 2020-2027

8.5.6.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.5.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.5.7 Rest of South America

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Type , 2020-2027

8.5.7.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.5.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.6 Middle East & Africa

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Type , 2020-2027

8.6.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.6.5 Saudi Arabia

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast, by Type , 2020-2027

8.6.5.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.6.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.6.6 UAE

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast, by Type , 2020-2027

8.6.6.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.6.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.6.7 Rest of MEA

8.6.7.1 Market Estimates & Forecast, 2020-2027

8.6.7.2 Market Estimates & Forecast, by Type , 2020-2027

8.6.7.3 Market Estimates & Forecast, by Milling width , 2020-2027

8.6.7.4 Market Estimates & Forecast, by Application, 2020-2027

9 Competitive Landscape

10 Company Profile

10.1 Wirtgen Group (Germany)

10.1.1 Company Overview

10.1.2 Products/Services Offered

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Key Strategies

10.1.6 SWOT Analysis

10.2 CMI Roadbuilding Limited (United Kingdom)

10.2.1 Company Overview

10.2.2 Products/Services Offered

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Key Strategies

10.2.6 SWOT Analysis

10.3 Caterpillar (United States)

10.3.1 Company Overview

10.3.2 Products/Services Offered

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Key Strategies

10.3.6 SWOT Analysis

10.4 Astec Industries (United States)

10.4.1 Company Overview

10.4.2 Products/Services Offered

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Key Strategies

10.4.6 SWOT Analysis

10.5 XCMG (China)

10.5.1 Company Overview

10.5.2 Products/Services Offered

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Key Strategies

10.5.6 SWOT Analysis

10.6 Bomag (Germany)

10.6.1 Company Overview

10.6.2 Products/Services Offered

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Key Strategies

10.6.6 SWOT Analysis

10.7 John Deere (United States)

10.7.1 Company Overview

10.7.2 Products/Services Offered

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Key Strategies

10.7.6 SWOT Analysis

10.8 Huatong Kinetics (China)

10.8.1 Company Overview

10.8.2 Products/Services Offered

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Key Strategies

10.8.6 SWOT Analysis

10.9 Dynapac (Sweden)

10.9.1 Company Overview

10.9.2 Products/Services Offered

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Key Strategies

10.9.6 SWOT Analysis

10.10 LiuGong (China)

10.10.1 Company Overview

10.10.2 Products/Services Offered

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Key Strategies

10.10.6 SWOT Analysis


List of Tables

Table 1 Global Cold Milling Machines Market, by Region, 2020-2027

Table 2 North America: Global Cold Milling Machines Market, by Country, 2020-2027

Table 3 Europe: Global Cold Milling Machines Market, by Country, 2020-2027

Table 4 Asia-Pacific: Global Cold Milling Machines Market, by Country, 2020-2027

Table 5 South America: Global Cold Milling Machines Market, by Country, 2020-2027

Table 6 Middle East & Africa: Global Cold Milling Machines Market, by Country, 2020-2027

Table 7 Global Cold Milling Machines Market, by Type, by Region, 2020-2027

Table 8 North America: Global Cold Milling Machines Market, by Type, by Country, 2020-2027

Table 9 Europe: Global Cold Milling Machines Market, by Type , by Country, 2020-2027

Table 10 Asia-Pacific: Global Cold Milling Machines Market, by Type , by Country, 2020-2027

Table 11 South America: Global Cold Milling Machines Market, by Type , by Country, 2020-2027

Table 12 Middle East & Africa: Global Cold Milling Machines Market, by Type , by Country, 2020-2027

Table 13 Global Cold Milling Machines Market, by Milling width , by Region, 2020-2027

Table 14 North America: Global Cold Milling Machines Market, by Milling width , by Country, 2020-2027

Table 15 Europe: Global Cold Milling Machines Market, by Milling width , by Country, 2020-2027

Table 16 Asia-Pacific: Global Cold Milling Machines Market, by Milling width , by Country, 2020-2027

Table 17 South America: Global Cold Milling Machines Market, by Milling width , by Country, 2020-2027

Table 18 Middle East & Africa: Global Cold Milling Machines Market, by Milling width , by Country, 2020-2027

Table 19 Global Cold Milling Machines Market, by Milling width , by Region, 2020-2027

Table 20 North America: Global Cold Milling Machines Market, by Application, by Country, 2020-2027

Table 21 Europe: Global Cold Milling Machines Market, by Application, by Country, 2020-2027

Table 22 Asia-Pacific: Global Cold Milling Machines Market, by Application, by Country, 2020-2027

Table 23 South America: Global Cold Milling Machines Market, by Application, by Country, 2020-2027

Table 24 Middle East & Africa: Global Cold Milling Machines Market, by Application, by Country, 2020-2027

Table 25 Global Cold Milling Machines Market, by Region, 2020-2027

Table 26 Global Cold Milling Machines Market, by Type , 2020-2027

Table 27 Global Cold Milling Machines Market, by Milling width , 2020-2027

Table 28 Global Cold Milling Machines Market, by Application, 2020-2027

Table 29 North America: Global Cold Milling Machines Market, by Country

Table 30 North America: Global Cold Milling Machines Market, by Type

Table 31 North America: Global Cold Milling Machines Market, by Milling width

Table 32 Europe: Global Cold Milling Machines Market, by Country

Table 33 Europe: Global Cold Milling Machines Market, by Type

Table 34 Europe: Global Cold Milling Machines Market, by Milling width

Table 35 Europe: Global Cold Milling Machines Market, by Application

Table 36 Asia-Pacific: Global Cold Milling Machines Market, by Country

Table 37 Asia-Pacific: Global Cold Milling Machines Market, by Type

Table 38 Asia-Pacific: Global Cold Milling Machines Market, by Milling width

Table 41 Asia-Pacific: Global Cold Milling Machines Market, by Application

Table 42 South America: Global Cold Milling Machines Market, by Country

Table 43 South America: Global Cold Milling Machines Market, by Type

Table 44 South America: Global Cold Milling Machines Market, by Milling width

Table 45 South America: Global Cold Milling Machines Market, by Application

Table 45 Middle East & Africa: Global Cold Milling Machines Market, by Country

Table 46 Middle East & Africa: Global Cold Milling Machines Market, by Type

Table 47 Middle East & Africa: Global Cold Milling Machines Market, by Milling width

Table 48 Middle East & Africa: Global Cold Milling Machines Market, by Application

List of Figures

FIGURE 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Cold Milling Machines Market Share, by Type, 2020 (%)

Figure 9 Global Cold Milling Machines Market, by Type, 2020-2027 (USD Million)

Figure 10 Global Cold Milling Machines Market Share, by Milling width, 2020 (%)

Figure 11 Global Cold Milling Machines Market, by Milling width, 2020-2027 (USD Million)

Figure 12 Global Cold Milling Machines Market Share, by Application, 2020 (%)

Figure 13 Global Cold Milling Machines Market, by Application, 2020-2027 (USD Million)

Figure 14 Global Cold Milling Machines Market Share (%), by Region, 2020

Figure 15 Global Cold Milling Machines Market, by Region, 2020-2027 (USD Million)

Figure 16 North America: Cold Milling Machines Market Share (%), 2020

Figure 17 North America: Cold Milling Machines Market by Country, 2020-2027 (USD Million)

Figure 18 Europe: Cold Milling Machines Market Share (%), 2020

Figure 19 Europe: Cold Milling Machines Market, by Country, 2020-2027 (USD Million)

Figure 20 Asia-Pacific: Cold Milling Machines Market Share (%), 2020

Figure 21 Asia-Pacific: Cold Milling Machines Market, by Country, 2020-2027 (USD Million)

Figure 22 South America: Cold Milling Machines Market Share (%), 2020

Figure 23 South America: Cold Milling Machines Market, by Country, 2020-2027 (USD Million)

Figure 24 Middle East & Africa: Cold Milling Machines Market Share (%), 2020

Figure 25 Middle East & Africa: Cold Milling Machines Market, by Country, 2020-2027 (USD Million)


Cold Milling Machine Market