Report Code: A13480 | Pages: NA | ||
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Cold milling machines are used for quick, efficient removal of asphalt and concrete pavements. The milling process is removing part of the surface of a paved area such as a road, bridge, or parking lot for various requirements. The cold milling machine market is projected to grow at a promising rate in the upcoming years. The surge in demand for cold milling machines from varied application segments is estimated to safeguard the expansion of the market during the forecast period.
Market Scope and Structure Analysis
Cold milling machines are majorly used for making pavements. These are also known as cold planers and asphalt milling machines that remove concrete or pavement from driving surfaces. Rise in infrastructure development projects in developing regions such as Asia-Pacific and Latin America are expected to surge the demand for the product.
COVID-19 Impact Analysis
Top Impacting Factors
One of the significant drivers for the cold milling machine market is the progress in the construction of new roads, to connect rural to urban areas and also from urban to ultra-urban areas. New policies from the government and foreign investments also foster the market growth.
Market Trends
Key Benefits of the Report
Cold Milling Machine Market Report Highlights
Aspects | Details |
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By Machine Type |
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By Engine Power Type |
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By Size |
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By Application |
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By Region |
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Key Market Players | XCMG Group., SANY Group, Caterpillar Inc., SAKAI HEAVY INDUSTRIES, LTD., Deere & Company, BOMAG GmbH, Liugong Machinery Co., Ltd., WIRTGEN GROUP, CMI Roadbuilding Limited, Astec Industries, Inc |
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