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Cold Milling Machine Market Share

Report ID: GMI5293
Published Date: Jul 2022
Report Format: PDF

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Cold Milling Machine Market Share

Caterpillar Inc.
Sakai Heavy Industries Ltd.
Wirtgen Group
Fayat Group
LiuGong Machinery Co., Ltd.

are some of the key cold milling machine market players. The industry is relatively consolidated and involves lesser contenders. Firms mainly focus on tapping the latest technologies to develop and deploy improved cold milling machines across varied applications.

For instance, in April 2022, Wirtgen Group declared to exhibit its milling machine at Bauma 2022. Fully revamped, this compact milling machine F-series has a wide working speed range of 1,200 to 2,100 rpm. This model is integrated into the W100 Fi, W120 Fi & W130 Fi and uses less fuel than conventional milling machines.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cold milling machine crossed USD 2 billion in 2021 and will depict 4.5% CAGR through 2030, says GMI report.

Crawlers held over 80% of the market share in 2021 and will depict increasing demand in the forthcoming years as they boast of high milling performance in varied working conditions.

The market size from concrete pavements will cross USD 1,200 million by 2030 as concrete milling is heavily adopted to smoothen and level surfaces.

The North America cold milling machine industry valued at over USD 500 million in 2021, given the increasing government initiatives pertaining to infrastructural development in the region.

Caterpillar Inc., Wirtgen Group, Sakai Heavy Industries Ltd., LiuGong Machinery Co., Ltd., and Fayat Group are some of the major players in the market.