Market Overview:
The global small pavement milling machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for small pavement milling machines in road construction and public engineering applications across the globe. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
Small Pavement Milling Machines are machines that mill or groove a pavement surface to produce a smooth, flat, and level surface. They are typically used to prepare a pavement surface for the installation of new asphalt or concrete paving.
Working Width
The global small pavement milling machines market is expected to witness significant growth over the forecast period. The primary factor driving this market growth is increasing urbanization and industrialization in emerging countries such as India, China, Brazil and South Africa.
Small Mill Machines are used for grinding concrete, asphalt & cement-based surfaces into dust with high speed & efficiency.
Working Width ≥1.0 m:
The working width is the maximum width of a vehicle that can be used on a public road. The legal driving age varies by country and state/province. In some countries, such as the U.S., it is 18 years; in some European countries, such as Germany and Italy, it is 16 years; while in Canada and Mexico it is 19 years old.
Application Insights:
Road construction was the largest application segment in 2017 and accounted for a market share of over 60%. The product is widely used in road construction activities such as asphaltic concrete, bituminous paving, subsoil work and others. In addition, it is also used during maintenance activities such as joint sealing and surface grinding to reduce traffic congestion on roads.
The public engineering segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to rising demand for small pave milling machines in developing countries including India, China and Brazil due to increasing infrastructure spending by governments across these countries. In addition, growing urbanization along with increased government expenditure on transportation projects including railway lines & highways will further fuel product demand over the forecast period.
Public engineering includes various infrastructure projects such as bridges/roadways/tunnels etc.
Regional Analysis:
Asia Pacific dominated the global small pavement milling machines market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing road infrastructure development, coupled with rising demand for better connectivity and mobility. In addition, rapid urbanization across emerging economies of India and China has led to an increase in construction activities, thereby driving product demand.
The Asia Pacific regional market is characterized by high investments from public & private entities aimed at improving transportation facilities within countries as well as between them. For instance, according to a white paper published by the World Bank Group titled “Connecting People: Improving Transport Connectivity for Development†(2016), transport infrastructure spending in Asia accounted for USD X billion per year on average from 2000-2010; however this number grew substantially after 2010 due to increased government investment plans across emerging economies including China & India.
Growth Factors:
- Increasing demand for small pavement milling machines from the construction and infrastructure sectors as they offer high performance, precision, and reliability.
- Rising awareness about the benefits of using small pavement milling machines among contractors, builders, and other professionals operating in the construction industry.
- Growing investments by governments in transportation infrastructure projects that are expected to drive demand for small pavement milling machines over the next few years.
- Technological advancements in small pavement milling machine design and manufacturing that are making them more efficient and productive than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Pavement Milling Machines Market Research Report
By Type
Working Width <1.0 m, Working Width ≥1.0 m
By Application
Road Construction, Public Engineering
By Companies
Wirtgen, Caterpillar, XCMG, Bomag, Dynapac, RoadTec, CMI, Sany Group, Shantui, LiuGong, Xi'an Hongda, Kaiao, XGMA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Small Pavement Milling Machines Market Report Segments:
The global Small Pavement Milling Machines market is segmented on the basis of:
Types
Working Width <1.0 m, Working Width ≥1.0 m
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Road Construction, Public Engineering
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wirtgen
- Caterpillar
- XCMG
- Bomag
- Dynapac
- RoadTec
- CMI
- Sany Group
- Shantui
- LiuGong
- Xi'an Hongda
- Kaiao
- XGMA
Highlights of The Small Pavement Milling Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Working Width <1.0 m
- Working Width ≥1.0 m
- By Application:
- Road Construction
- Public Engineering
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Small Pavement Milling Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Small Pavement Milling Machines are used to mill the surface of a pavement. They use a rotating drum that cuts into the pavement, creating small pieces that can be swept up and disposed of.
Some of the major companies in the small pavement milling machines market are Wirtgen, Caterpillar, XCMG, Bomag, Dynapac, RoadTec, CMI, Sany Group, Shantui, LiuGong, Xi'an Hongda, Kaiao, XGMA.
The small pavement milling machines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Small Pavement Milling Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Small Pavement Milling Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Small Pavement Milling Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Small Pavement Milling Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Small Pavement Milling Machines Market Size & Forecast, 2020-2028
4.5.1 Small Pavement Milling Machines Market Size and Y-o-Y Growth
4.5.2 Small Pavement Milling Machines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Working Width <1.0 m
5.2.2 Working Width ≥1.0 m
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Road Construction
6.2.2 Public Engineering
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Small Pavement Milling Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Small Pavement Milling Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Working Width <1.0 m
9.6.2 Working Width ≥1.0 m
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Road Construction
9.10.2 Public Engineering
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Working Width <1.0 m
10.6.2 Working Width ≥1.0 m
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Road Construction
10.10.2 Public Engineering
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Working Width <1.0 m
11.6.2 Working Width ≥1.0 m
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Road Construction
11.10.2 Public Engineering
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Working Width <1.0 m
12.6.2 Working Width ≥1.0 m
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Road Construction
12.10.2 Public Engineering
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Working Width <1.0 m
13.6.2 Working Width ≥1.0 m
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Road Construction
13.10.2 Public Engineering
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Small Pavement Milling Machines Market: Competitive Dashboard
14.2 Global Small Pavement Milling Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wirtgen
14.3.2 Caterpillar
14.3.3 XCMG
14.3.4 Bomag
14.3.5 Dynapac
14.3.6 RoadTec
14.3.7 CMI
14.3.8 Sany Group
14.3.9 Shantui
14.3.10 LiuGong
14.3.11 Xi'an Hongda
14.3.12 Kaiao
14.3.13 XGMA
