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Cold Planer Market Share

Report ID: GMI11159
Published Date: Aug 2024
Report Format: PDF

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Cold Planer Market Share

Caterpillar Inc., John Deere, Fayat Group collectively hold a significant share of around 31% in the cold planer industry, due to their strong brand reputations, extensive product portfolios, and global reach. These companies have a long-standing presence in the construction equipment industry, allowing them to leverage decades of experience, technological innovation, and deep customer relationships.

Their products are known for reliability, efficiency, and advanced features, which meet the diverse needs of large-scale infrastructure projects across different regions. Additionally, their ability to offer comprehensive after-sales support, financing options, and integrated solutions enhances customer loyalty and market penetration.

Cold Planer Market Companies

The major players operating in the cold planer industry are:

Caterpillar Inc.
Fayat Group
John Deere
Roadtec
SANY Group
Volvo Construction Equipment
XCMG Group

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of cold planer was worth about USD 2 billion in 2023 and will showcase about 5% CAGR from 2024 to 2032, augmented by the advancements in cold planer technology and features.

The tracked cold planers segment accounted for a market share of over 73% in 2023, owing to its robust design and advanced mobility.

Asia Pacific region accounted for a cold planer market share of around 45% in 2023, due to rapid urbanization and expansive infrastructure development projects.

Caterpillar Inc., Fayat Group, John Deere, Roadtec, SANY Group, Volvo Construction Equipment, and XCMG Group.