Report cover image

Cold Planer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Publisher Global Market Insights
Published Aug 30, 2024
Length 250 Pages
SKU # GMI19205071

Description

Cold Planer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032


The global Cold Planer Market registered USD 2 billion in 2023 and will register a 5% CAGR from 2024 to 2032, attributed to innovations in cold planer technology coupled with rapid urbanization and infrastructure development. Advanced features such as enhanced milling precision, improved efficiency, and integrated recycling capabilities make modern cold planers more attractive for construction and maintenance projects. As urban areas expand and existing infrastructure requires repair, the demand for effective surface preparation increases. These technological upgrades streamline operations and support sustainable practices, further boosting the market's expansion in response to growing urban needs.

The cold planer industry is classified based on product type, engine power, application, end-user, and region.

The tracked cold planers segment experienced 73% share in 2023, owing to its superior stability, traction, and performance on uneven or difficult terrains. Tracked cold planers are ideal for large-scale projects, such as highway construction and heavy-duty road maintenance, where precision and power are critical. Their ability to operate effectively in challenging conditions makes them a preferred choice for contractors. Besides, their durability and high productivity further contribute to the dominance of tracked cold planers in the market.

The road construction segment captured 54% of the market share in 2023, driven by the increasing demand for efficient road maintenance and development. Cold planers play a crucial role in surface preparation, enabling the milling of existing asphalt to create a smooth foundation for new pavement. As governments and private sectors invest in expanding and upgrading transportation infrastructure, the need for effective and reliable cold planning solutions becomes paramount. This growing focus on road construction solidifies the segment's dominant position in the market.

Asia Pacific cold planer market 45% share in 2023, fueled by rapid urbanization and increasing infrastructure projects in countries like China and India. The region is witnessing significant investments in road construction and modernization, which fuels the demand for efficient surface milling equipment. Also, the expansion of industrial sectors and growing need for transportation networks further boost the cold planer industry. Government initiatives supporting infrastructure development make Asia Pacific a prominent contributor to the global cold planer market growth.

Table of Contents

250 Pages
Chapter 1 Methodology and Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definition
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Raw Material Suppliers
3.2.2 Component Manufacturers
3.2.3 Equipment Manufacturers
3.2.4 Distributors and Dealers
3.2.5 Rental Companies
3.2.6 End user
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Rising demand for road and runway maintenance
3.8.1.2 Advancements in cold planer technology and features
3.8.1.3 Growth in urbanization and city planning initiatives
3.8.1.4 Expansion of construction and rental company fleets
3.8.2 Industry pitfalls and challenges
3.8.2.1 High initial equipment and maintenance costs
3.8.2.2 Economic downturns affecting infrastructure budgets
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Product Type, 2021-2032 ($Bn, Units)
5.1 Key trends
5.2 Wheeled cold planers
5.3 Tracked cold planers
Chapter 6 Market Estimates and Forecast, By Engine Power, 2021-2032 ($Bn, Units)
6.1 Key trends
6.2<100 kW
6.3 100-300 kW
6.4 >300 kW
Chapter 7 Market Estimates and Forecast, By Application, 2021-2032 ($Bn, Units)
7.1 Key trends
7.2 Road construction
7.3 Pavement maintenance
7.4 Airport runways
7.5 Others
Chapter 8 Market Estimates and Forecast, By End-User, 2021-2032 ($Bn, Units)
8.1 Key trends
8.2 Municipal and Government Bodies
8.3 Construction companies
8.4 Rental companies
Chapter 9 Market Estimates and Forecast, By Region, 2021-2032 ($Bn, Units)
9.1 Key trends
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Russia
9.3.7 Nordics
9.3.8 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Australia
9.4.6 Southeast Asia
9.4.7 Rest of Asia Pacific
9.5 Latin America
9.5.1 Brazil
9.5.2 Mexico
9.5.3 Argentina
9.5.4 Rest of Latin America
9.6 MEA
9.6.1 South Africa
9.6.2 Saudi Arabia
9.6.3 UAE
9.6.4 Rest of MEA
Chapter 10 Company Profiles
10.1 Ammann Group
10.2 Bomag
10.3 Caterpillar Inc.
10.4 CMI Roadbuilding
10.5 Cukurova Group
10.6 Dynapac
10.7 Fayat Group (Marini)
10.8 HANTA Machinery Co., Ltd.
10.9 John Deere
10.10 Kaushik Engineering Works
10.11 LiuGong Machinery
10.12 Roadtec (Astec Industries)
10.13 Sakai Heavy Industries
10.14 SANY Group
10.15 Shantui Construction Machinery
10.16 Terex Corporation
10.17 Volvo Construction Equipment
10.18 Wirtgen Group
10.19 XCMG Group
10.20 Zoomlion Heavy Industry Science and Technology Co., Ltd.

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us