The global market for Cold Milling Machine was estimated to be worth US$ 1270 million in 2024 and is forecast to a readjusted size of US$ 1515 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Cold Milling Machine cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Cold Milling Machine production reached approximately 3983 units , with an average global market price of around US$ 319000 per unit. Cold Milling Machine (also known as a cold planer, pavement planer, pavement recycler or rotomill) 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 milling machine is equipped with a conveyor which deposits the RAP into a transport truck, or the RAP can be left in place (wind-rowed) to be removed at a later date or used in recycling.
The Cold Milling Machine market is growing due to the increasing demand for road construction and maintenance, particularly in emerging markets with expanding infrastructure needs. Cold milling machines are used in road construction to remove the top layer of asphalt and concrete, making them essential for resurfacing, rehabilitation, and reconditioning of roadways. These machines are also employed in other industries such as mining and construction for various milling purposes. Emerging economies in Asia-Pacific, Africa, and Latin America are witnessing significant urbanization and infrastructure development. Governments are investing heavily in road construction, maintenance, and upgrades, which drives the demand for cold milling machines. The rise of smart city projects requires the expansion of transportation networks, further boosting the demand for roadwork machinery. Many countries have aging road infrastructures that require frequent resurfacing and repairs. Cold milling machines are critical for the rehabilitation of worn-out roads, as they efficiently remove damaged layers and prepare the surface for resurfacing. The demand for road reconstruction, especially in developed regions, has been a significant driver for the cold milling machine market. Government funding for road networks, highways, and bridges is one of the primary drivers of the market. In both developed and developing countries, large-scale road maintenance and improvement projects are creating a demand for high-performance cold milling equipment. Stimulus packages and infrastructure improvement plans, such as in the United States, are also contributing to the demand for cold milling machines. The integration of telematics systems allows operators and fleet managers to monitor the performance of the milling machines remotely, track fuel consumption, diagnose issues, and optimize maintenance schedules. The Cold Milling Machine market is expected to experience steady growth due to increasing infrastructure development, road maintenance needs, and the growing trend toward advanced, energy-efficient equipment. The demand is particularly strong in regions with ongoing road construction and rehabilitation projects.
This report aims to provide a comprehensive presentation of the global market for Cold Milling Machine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Cold Milling Machine by region & country, by Type, and by Application.
The Cold Milling Machine market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Cold Milling Machine.
Market Segmentation
By Company
- Wirtgen
- Caterpillar
- XCMG
- Bomag
- Dynapac
- Sany Group
- Astec Industries
- CMI
- Shantui
- LiuGong
- XGMA
Segment by Type
- Wheeled Cold Milling Machine
- Tracked Cold Milling Machine
Segment by Working Width
- Below 1200mm
- Above 1200mm
Segment by Application
- Road Construction
- Public Engineering
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Cold Milling Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Cold Milling Machine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Cold Milling Machine in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Cold Milling Machine Product Introduction
- 1.2 Global Cold Milling Machine Market Size Forecast
- 1.2.1 Global Cold Milling Machine Sales Value (2020-2031)
- 1.2.2 Global Cold Milling Machine Sales Volume (2020-2031)
- 1.2.3 Global Cold Milling Machine Sales Price (2020-2031)
- 1.3 Cold Milling Machine Market Trends & Drivers
- 1.3.1 Cold Milling Machine Industry Trends
- 1.3.2 Cold Milling Machine Market Drivers & Opportunity
- 1.3.3 Cold Milling Machine Market Challenges
- 1.3.4 Cold Milling Machine Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Cold Milling Machine Players Revenue Ranking (2024)
- 2.2 Global Cold Milling Machine Revenue by Company (2020-2025)
- 2.3 Global Cold Milling Machine Players Sales Volume Ranking (2024)
- 2.4 Global Cold Milling Machine Sales Volume by Company Players (2020-2025)
- 2.5 Global Cold Milling Machine Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Cold Milling Machine Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Cold Milling Machine Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Cold Milling Machine
- 2.9 Cold Milling Machine Market Competitive Analysis
- 2.9.1 Cold Milling Machine Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Cold Milling Machine Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cold Milling Machine as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Wheeled Cold Milling Machine
- 3.1.2 Tracked Cold Milling Machine
- 3.2 Global Cold Milling Machine Sales Value by Type
- 3.2.1 Global Cold Milling Machine Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Cold Milling Machine Sales Value, by Type (2020-2031)
- 3.2.3 Global Cold Milling Machine Sales Value, by Type (%) (2020-2031)
- 3.3 Global Cold Milling Machine Sales Volume by Type
- 3.3.1 Global Cold Milling Machine Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Cold Milling Machine Sales Volume, by Type (2020-2031)
- 3.3.3 Global Cold Milling Machine Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Cold Milling Machine Average Price by Type (2020-2031)
4 Segmentation by Working Width
- 4.1 Introduction by Working Width
- 4.1.1 Below 1200mm
- 4.1.2 Above 1200mm
- 4.2 Global Cold Milling Machine Sales Value by Working Width
- 4.2.1 Global Cold Milling Machine Sales Value by Working Width (2020 VS 2024 VS 2031)
- 4.2.2 Global Cold Milling Machine Sales Value, by Working Width (2020-2031)
- 4.2.3 Global Cold Milling Machine Sales Value, by Working Width (%) (2020-2031)
- 4.3 Global Cold Milling Machine Sales Volume by Working Width
- 4.3.1 Global Cold Milling Machine Sales Volume by Working Width (2020 VS 2024 VS 2031)
- 4.3.2 Global Cold Milling Machine Sales Volume, by Working Width (2020-2031)
- 4.3.3 Global Cold Milling Machine Sales Volume, by Working Width (%) (2020-2031)
- 4.4 Global Cold Milling Machine Average Price by Working Width (2020-2031)
5 Segmentation by Application
- 5.1 Introduction by Application
- 5.1.1 Road Construction
- 5.1.2 Public Engineering
- 5.2 Global Cold Milling Machine Sales Value by Application
- 5.2.1 Global Cold Milling Machine Sales Value by Application (2020 VS 2024 VS 2031)
- 5.2.2 Global Cold Milling Machine Sales Value, by Application (2020-2031)
- 5.2.3 Global Cold Milling Machine Sales Value, by Application (%) (2020-2031)
- 5.3 Global Cold Milling Machine Sales Volume by Application
- 5.3.1 Global Cold Milling Machine Sales Volume by Application (2020 VS 2024 VS 2031)
- 5.3.2 Global Cold Milling Machine Sales Volume, by Application (2020-2031)
- 5.3.3 Global Cold Milling Machine Sales Volume, by Application (%) (2020-2031)
- 5.4 Global Cold Milling Machine Average Price by Application (2020-2031)
6 Segmentation by Region
- 6.1 Global Cold Milling Machine Sales Value by Region
- 6.1.1 Global Cold Milling Machine Sales Value by Region: 2020 VS 2024 VS 2031
- 6.1.2 Global Cold Milling Machine Sales Value by Region (2020-2025)
- 6.1.3 Global Cold Milling Machine Sales Value by Region (2026-2031)
- 6.1.4 Global Cold Milling Machine Sales Value by Region (%), (2020-2031)
- 6.2 Global Cold Milling Machine Sales Volume by Region
- 6.2.1 Global Cold Milling Machine Sales Volume by Region: 2020 VS 2024 VS 2031
- 6.2.2 Global Cold Milling Machine Sales Volume by Region (2020-2025)
- 6.2.3 Global Cold Milling Machine Sales Volume by Region (2026-2031)
- 6.2.4 Global Cold Milling Machine Sales Volume by Region (%), (2020-2031)
- 6.3 Global Cold Milling Machine Average Price by Region (2020-2031)
- 6.4 North America
- 6.4.1 North America Cold Milling Machine Sales Value, 2020-2031
- 6.4.2 North America Cold Milling Machine Sales Value by Country (%), 2024 VS 2031
- 6.5 Europe
- 6.5.1 Europe Cold Milling Machine Sales Value, 2020-2031
- 6.5.2 Europe Cold Milling Machine Sales Value by Country (%), 2024 VS 2031
- 6.6 Asia Pacific
- 6.6.1 Asia Pacific Cold Milling Machine Sales Value, 2020-2031
- 6.6.2 Asia Pacific Cold Milling Machine Sales Value by Region (%), 2024 VS 2031
- 6.7 South America
- 6.7.1 South America Cold Milling Machine Sales Value, 2020-2031
- 6.7.2 South America Cold Milling Machine Sales Value by Country (%), 2024 VS 2031
- 6.8 Middle East & Africa
- 6.8.1 Middle East & Africa Cold Milling Machine Sales Value, 2020-2031
- 6.8.2 Middle East & Africa Cold Milling Machine Sales Value by Country (%), 2024 VS 2031
7 Segmentation by Key Countries/Regions
- 7.1 Key Countries/Regions Cold Milling Machine Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 7.2 Key Countries/Regions Cold Milling Machine Sales Value and Sales Volume
- 7.2.1 Key Countries/Regions Cold Milling Machine Sales Value, 2020-2031
- 7.2.2 Key Countries/Regions Cold Milling Machine Sales Volume, 2020-2031
- 7.3 United States
- 7.3.1 United States Cold Milling Machine Sales Value, 2020-2031
- 7.3.2 United States Cold Milling Machine Sales Value by Type (%), 2024 VS 2031
- 7.3.3 United States Cold Milling Machine Sales Value by Application, 2024 VS 2031
- 7.4 Europe
- 7.4.1 Europe Cold Milling Machine Sales Value, 2020-2031
- 7.4.2 Europe Cold Milling Machine Sales Value by Type (%), 2024 VS 2031
- 7.4.3 Europe Cold Milling Machine Sales Value by Application, 2024 VS 2031
- 7.5 China
- 7.5.1 China Cold Milling Machine Sales Value, 2020-2031
- 7.5.2 China Cold Milling Machine Sales Value by Type (%), 2024 VS 2031
- 7.5.3 China Cold Milling Machine Sales Value by Application, 2024 VS 2031
- 7.6 Japan
- 7.6.1 Japan Cold Milling Machine Sales Value, 2020-2031
- 7.6.2 Japan Cold Milling Machine Sales Value by Type (%), 2024 VS 2031
- 7.6.3 Japan Cold Milling Machine Sales Value by Application, 2024 VS 2031
- 7.7 South Korea
- 7.7.1 South Korea Cold Milling Machine Sales Value, 2020-2031
- 7.7.2 South Korea Cold Milling Machine Sales Value by Type (%), 2024 VS 2031
- 7.7.3 South Korea Cold Milling Machine Sales Value by Application, 2024 VS 2031
- 7.8 Southeast Asia
- 7.8.1 Southeast Asia Cold Milling Machine Sales Value, 2020-2031
- 7.8.2 Southeast Asia Cold Milling Machine Sales Value by Type (%), 2024 VS 2031
- 7.8.3 Southeast Asia Cold Milling Machine Sales Value by Application, 2024 VS 2031
- 7.9 India
- 7.9.1 India Cold Milling Machine Sales Value, 2020-2031
- 7.9.2 India Cold Milling Machine Sales Value by Type (%), 2024 VS 2031
- 7.9.3 India Cold Milling Machine Sales Value by Application, 2024 VS 2031
8 Company Profiles
- 8.1 Wirtgen
- 8.1.1 Wirtgen Company Information
- 8.1.2 Wirtgen Introduction and Business Overview
- 8.1.3 Wirtgen Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.1.4 Wirtgen Cold Milling Machine Product Offerings
- 8.1.5 Wirtgen Recent Development
- 8.2 Caterpillar
- 8.2.1 Caterpillar Company Information
- 8.2.2 Caterpillar Introduction and Business Overview
- 8.2.3 Caterpillar Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.2.4 Caterpillar Cold Milling Machine Product Offerings
- 8.2.5 Caterpillar Recent Development
- 8.3 XCMG
- 8.3.1 XCMG Company Information
- 8.3.2 XCMG Introduction and Business Overview
- 8.3.3 XCMG Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.3.4 XCMG Cold Milling Machine Product Offerings
- 8.3.5 XCMG Recent Development
- 8.4 Bomag
- 8.4.1 Bomag Company Information
- 8.4.2 Bomag Introduction and Business Overview
- 8.4.3 Bomag Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.4.4 Bomag Cold Milling Machine Product Offerings
- 8.4.5 Bomag Recent Development
- 8.5 Dynapac
- 8.5.1 Dynapac Company Information
- 8.5.2 Dynapac Introduction and Business Overview
- 8.5.3 Dynapac Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.5.4 Dynapac Cold Milling Machine Product Offerings
- 8.5.5 Dynapac Recent Development
- 8.6 Sany Group
- 8.6.1 Sany Group Company Information
- 8.6.2 Sany Group Introduction and Business Overview
- 8.6.3 Sany Group Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.6.4 Sany Group Cold Milling Machine Product Offerings
- 8.6.5 Sany Group Recent Development
- 8.7 Astec Industries
- 8.7.1 Astec Industries Company Information
- 8.7.2 Astec Industries Introduction and Business Overview
- 8.7.3 Astec Industries Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.7.4 Astec Industries Cold Milling Machine Product Offerings
- 8.7.5 Astec Industries Recent Development
- 8.8 CMI
- 8.8.1 CMI Company Information
- 8.8.2 CMI Introduction and Business Overview
- 8.8.3 CMI Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.8.4 CMI Cold Milling Machine Product Offerings
- 8.8.5 CMI Recent Development
- 8.9 Shantui
- 8.9.1 Shantui Company Information
- 8.9.2 Shantui Introduction and Business Overview
- 8.9.3 Shantui Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.9.4 Shantui Cold Milling Machine Product Offerings
- 8.9.5 Shantui Recent Development
- 8.10 LiuGong
- 8.10.1 LiuGong Company Information
- 8.10.2 LiuGong Introduction and Business Overview
- 8.10.3 LiuGong Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.10.4 LiuGong Cold Milling Machine Product Offerings
- 8.10.5 LiuGong Recent Development
- 8.11 XGMA
- 8.11.1 XGMA Company Information
- 8.11.2 XGMA Introduction and Business Overview
- 8.11.3 XGMA Cold Milling Machine Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.11.4 XGMA Cold Milling Machine Product Offerings
- 8.11.5 XGMA Recent Development
9 Industry Chain Analysis
- 9.1 Cold Milling Machine Industrial Chain
- 9.2 Cold Milling Machine Upstream Analysis
- 9.2.1 Key Raw Materials
- 9.2.2 Raw Materials Key Suppliers
- 9.2.3 Manufacturing Cost Structure
- 9.3 Midstream Analysis
- 9.4 Downstream Analysis (Customers Analysis)
- 9.5 Sales Model and Sales Channels
- 9.5.1 Cold Milling Machine Sales Model
- 9.5.2 Sales Channel
- 9.5.3 Cold Milling Machine Distributors
10 Research Findings and Conclusion
11 Appendix
- 11.1 Research Methodology
- 11.1.1 Methodology/Research Approach
- 11.1.1.1 Research Programs/Design
- 11.1.1.2 Market Size Estimation
- 11.1.1.3 Market Breakdown and Data Triangulation
- 11.1.2 Data Source
- 11.1.2.1 Secondary Sources
- 11.1.2.2 Primary Sources
- 11.2 Author Details
- 11.3 Disclaimer