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The global motor graders industry reached a value of about USD 474.63 billion in 2023. The industry is further expected to grow at a CAGR of about 5.2% in the forecast period of 2024-2032 to reach a value of around USD 745.09 billion by 2032.
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Asia Pacific is one of the fastest growing regions for the motor graders market, as countries such as China, India and Japan are home to some of the world's leading manufacturers of motor graders. Rising disposable incomes in North America and Europe are boosting demand for construction activities in these areas, which is expected to increase overall construction vehicle production. Increased customer inclination towards reliable, profitable, and environmentally friendly technology and never-ending demand for construction projects would also drive the market for motor graders in both developed and developing countries.
A motor grader, also known as graders or road graders, is usually a construction vehicle machine fitted with a long blade used to build flat surfaces during the grading process. Normally, the motor graders have three axles—the driver's cab and the engine are situated above the rear axles and the third axle is located on the front side of the vehicle. In addition, the blade used for the surface flattening process is positioned between the front and rear axles. In general, motor graders are being used to finish or refine the grading process.
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Based on type, the motor grader industry can be divided into the following:
The capacity of the motor graders can be categorised as follows:
Motor graders find applications in the following sectors:
The regional markets for motor graders can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The expansion of the construction industry is driven primarily by the production of large-scale infrastructure projects on the global market and is driven by strong economic growth. Construction vehicles are the most common transport equipment in the construction industry and help to make certain activities, including unloading, loading and transport, easier. Rapid growth of the construction industry throughout the globe is expected to be one of the most significant drivers of the motor graders market. Apart from construction, rising urbanisation, rising technological advancements, and the growing disposable incomes of the consumers is also responsible for the growth of the industry.
The report gives a detailed analysis of the following key players in the global motor graders market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Capacity |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global motor graders market attained a value of nearly USD 474.63 billion.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 745.09 billion by 2032.
The major drivers of the market include rising construction industry, rapid urbanisation, and the growing disposable incomes of the consumers.
Technological advancements and innovations, the development of large-scale infrastructure projects, and the growing construction sector are the key trends guiding the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of motor graders include rigid frame and articulated frame.
The significant capacity segments of motor graders include small motor graders (80 – 150 HP), medium motor graders (150 – 300 HP), and large motor graders (above 300 HP).
The various applications of motor graders include mining, construction, and agriculture, among others.
The major players in the market are SANY Group, Deere & Company., Caterpillar Inc., and Komatsu Ltd., among others.
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Australia
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+61 448 06 17 27
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+91-858-608-1494
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+63 287899028, +63 967 048 3306
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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