Motor Graders Market: Growth, Trends by 2024

The global motor grader market size was valued at USD 3,799.0 million in 2018 and is projected to reach USD 8,140.8 million by 2032, exhibiting a CAGR of 10.7% during the forecast period. The global motor grader market is estimated to grow, with the increasing need for better-quality of shallow finish and for speeding up the grading process, unlike the rough grading process that is performed by other construction vehicles and heavy equipment, such as bulldozers and scrapers.

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Motor Grader Market Share, Size and Industry Analysis By Type [Rigid Frame & Articulated Frame], By Capacity [Small Motor Graders (80 – 150 HP), Medium Motor Graders (150 – 300 HP) & Large Motor Graders (Above 300 HP)], By Application [Construction, Mining, Forestry & Agriculture and Others] and Regional Forecast Between, 2032

Top Companies of motor graders market:

• Caterpillar Inc.
• Deere & Company
• Komatsu Ltd
• LeeBoy
• Liugong Machinery Co., Ltd.
• Calder Brothers Corporation
• CNH Industrial N.V.
• Veekmas Oy
• SANY GROUP
• AB Volvo

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Motor Graders Market Drivers and restrains:

• Drivers:
  • Infrastructure Development: Ongoing infrastructure projects, including road construction and maintenance, increase the demand for motor graders.
  • Technological Innovations: Advanced features such as GPS tracking and automated controls enhance the efficiency and precision of motor graders.
  • Urbanization: Rapid urban growth requires grading for new roads and development projects, boosting motor grader usage.
  • Government Investments: Increased government spending on public infrastructure and road maintenance supports market growth.
  • Growing Construction Industry: Expanding construction activities, including residential and commercial projects, drive the need for motor graders.
• Restraints:
  • High Capital Costs: The significant upfront investment required for motor graders can be a barrier for smaller contractors and businesses.
  • Maintenance and Operating Costs: High maintenance and fuel costs can impact the overall profitability of operating motor graders.
  • Economic Fluctuations: Economic downturns and fluctuating construction budgets can reduce demand for motor graders.
  • Regulatory Challenges: Compliance with stringent environmental and safety regulations can increase operational costs and complicate market entry.
  • Skilled Operator Shortage: The need for skilled operators can limit the effective use and adoption of advanced motor graders.

Reasons to buy this report:

This report provides a detailed analysis of the current market status, trends, growth segments, and competitive dynamics in the motor graders market. It enables businesses to identify opportunities for growth and development while also highlighting potential challenges and risks. By evaluating business segments and product portfolios, the report enables stakeholders to make more informed market strategies and investments.

A thorough understanding of the industry dynamics outlined in the report can significantly improve decision-making and facilitate the development of effective success strategies in the motor graders market. Overall, this report is an excellent resource for those seeking in-depth information about this rapidly changing industry.

Regional Atributes:

• North America (U.S. and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
• Latin America (Brazil, Mexico and Rest of Latin America)

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Industry developments of motor graders market:

• Deere & Company introduced the first fully integrated mastless grade control, motor grader.
• The manufacturers of motor graders such as Komatsu, John Deere, etc. are planning to lengthen frame rails or increase the size of the engine enclosure or both in a motor grader.

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