Market Overview:
The global wheeled road 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 these machines in the road construction and public engineering applications.
Product Definition:
A wheeled road milling machine is a construction equipment used for removing asphalt, concrete, or other surfacing materials from roads. It consists of a large drum fitted with cutting blades that rotates on two or more wheels. The machine is used to cut grooves in the surface of the road so that new material can be laid down.
Working Width
Working Width ≥1.0 m:
The working width is the maximum width of a vehicle that can be used to mow in roadways.
Application Insights:
The road construction application segment accounted for the largest share of over 30.0% in 2017 and is expected to witness significant growth over the forecast period. The increasing number of infrastructure projects, such as new roads, highways and bridges across various regions is anticipated to boost product demand during the construction phase.
The public engineering application segment was valued at USD 281.5 million in 2017 owing to growing use of wheeled road millsing machines in municipal corporations and other local bodies for grinding stones into gravel or powder form for use in civil engineering activities such as street & roadway repairs, landscaping etc.
Regional Analysis:
Asia Pacific dominated the global wheeled road milling machines market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for construction equipment from developing and emerging economies, such as China, India, and Japan. In addition, rising investments in infrastructure development are anticipated to drive product demand over the coming years.
The growing need for public infrastructure development across Europe is expected to fuel market growth over the next eight years. In addition, favorable government policies encouraging manufacturing activities are likely to contribute significantly toward regional product demand during the same period.
In North America, UHMWPE traction tires have gained popularity dueSto their increased efficiency.
Growth Factors:
- Increasing demand for better infrastructure: The increasing population and the consequent increase in the number of vehicles has led to a rise in the demand for better infrastructure, including roads. This is expected to drive the growth of the wheeled road milling machines market.
- Technological advancements: The wheeled road milling machines market is witnessing rapid technological advancements, which is resulting in new and innovative products being launched in the market. This is likely to fuel the growth of this market in future.
- Rising awareness about benefits of using wheeled road milling machines: The benefits offered by wheeled road milling machines such as improved safety, reduced construction time, etc., are becoming increasingly well known among users worldwide. This is likely to result in an increase in demand for these machines over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wheeled Road 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, SAKAI HEAVY INDUSTRIES, LTD., 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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Wheeled Road Milling Machines Market Report Segments:
The global Wheeled Road 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
- SAKAI HEAVY INDUSTRIES, LTD.
- LiuGong
- Xi'an Hongda
- Kaiao
- XGMA
Highlights of The Wheeled Road 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 Wheeled Road 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Wheeled road milling machines are used to produce small parts from a variety of materials. They typically have a number of rotating cutting blades that cut the material into small pieces.
Some of the major companies in the wheeled road milling machines market are Wirtgen, Caterpillar, XCMG, Bomag, Dynapac, RoadTec, CMI, Sany Group, Shantui, SAKAI HEAVY INDUSTRIES, LTD., LiuGong, Xi'an Hongda, Kaiao, XGMA.
The wheeled road milling machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wheeled Road 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 Wheeled Road Milling Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wheeled Road 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 Wheeled Road 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 Wheeled Road Milling Machines Market Size & Forecast, 2020-2028
4.5.1 Wheeled Road Milling Machines Market Size and Y-o-Y Growth
4.5.2 Wheeled Road 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 Wheeled Road 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 Wheeled Road 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 Wheeled Road Milling Machines Market: Competitive Dashboard
14.2 Global Wheeled Road 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 SAKAI HEAVY INDUSTRIES, LTD.
14.3.11 LiuGong
14.3.12 Xi'an Hongda
14.3.13 Kaiao
14.3.14 XGMA
