The global Cold Milling Machine market was 940 million US$ in 2018 and is expected to 840 million US$ by the end of 2025, growing at a CAGR of -1.4% between 2019 and 2025.

Los Angeles, CA -- (SBWire) -- 04/26/2019 --QY Research has recently published a report on the niche yet rapidly growing market, titled, "Global Cold Milling Machine Market Report, History and Forecast 2014-2025," for the projected period of 6-years, i.e. between 2019 and 2025. According to this report, the global Cold Milling Machine market is expected to show exponential Compound Annual Growth Rate during the projected period.

The global cold milling machine average price is in the decline trend, from 326 K $/unit in 2013 to 297 K $/unit in 2017. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. The cold milling machine sales will reach about 3174 units in 2017 from 2623 units in 2013 all around the world, with the CAGR of 4.88%.

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Europe is the largest consumption country of cold milling machine in the world in the past few years and it will keep the same position in the next few years. European market took up about 38% the global market in 2017, followed by USA (24%), and China is followed with the share about 21%.

Germany, USA, China, Italy, France and Sweden are now the key producers of cold milling machines. There are some producers with low price, poor quality products in China. Some of them bought core component from foreign enterprises, such as Caterpillar, Wirtgen, etc. The high quality products are mainly supplied by overseas producers.

Wirtgen, CMI, Caterpillar, RoadTec, XCMG, Bomag, Huatong Kinetics, Sany Group, John Deere, Xi'an Hongda, SCMC, XRMC, Atlas Copco, LiuGong, XGMA, Dingsheng and Zoomlion are the key producers in the global cold milling machine market. Top ten took up about 90% of the global production in 2017. Wirtgen hold about half of the global market while CMI, Caterpillar, etc. which have leading technology and market position, are wellknown suppliers around the world, and XCMG, Huatong Kinetics, Sany Group and Xi'an Hongda are the leading supplier in China with the total local share of about 50%.

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The global Cold Milling Machine market was 940 million US$ in 2018 and is expected to 840 million US$ by the end of 2025, growing at a CAGR of -1.4% between 2019 and 2025.

This report studies the Cold Milling Machine market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cold Milling Machine in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

By the product type, the market is primarily split into

Small Cold Milling Machine

Medium Cold Milling Machine

Large Cold Milling Machine

By the end users/application, this report covers the following segments

Asphalt Road

Concrete Road

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