Motor Graders Market Future Scope & Leading Companies | Caterpillar Inc., Deere & Company, Komatsu Ltd, LeeBoy, Liugong Machinery Co., Ltd., Calder Brothers Corporation, CNH Industrial N.V., Veekmas Oy, SANY GROUP, AB Volvo

The global motor graders market is anticipated to grow due to a rise in the need for a shallow finish that is of better quality. In a new study, titled, "Motor Graders Market: Global Market Analysis, Insights and Forecast, 2019-2026," Fortune Business Insights predicts that the overall motor graders market is expected to grow from USD 3,799.0 Million in 2018 to USD 5,842.9 Million by 2026 at a CAGR of 5.6% during the forecast period.

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The report classifies the market on the bases of four segments, namely, by capacity, by type, by application, and by region. By capacity, the market is further divided into small motor graders (80-150 HP), medium motor graders (150-300 HP), and large motor graders (above 300 HP). In terms of type, the market is grouped into articulated frame motor grader and rigid frame motor grader. By application, the market is segmented into construction, forestry and agriculture, mining, and others.

List of the major key market players operating in the global motor graders market are:

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

"Capability to Smoothen the Grading Process Likely to Increase Demand for Motor Graders"

The report suggests that the global motor graders market growth is projected to occur as the motor graders provide faster and smoother grading processes unlike the other heavy equipment or construction vehicles, namely, scrapers and bulldozers, that offer rough grading process. Numerous significant market players are investing persistently in research and development activities so that the graders can be upgraded to provide advanced and much better draft control as well as steering. This will help in operating in extreme weather and harsh underfoot conditions such as sand, snow, and mud.

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Furthermore, the launch of motor graders has created a shift in the market. Previously, grading was undertaken with the help of heavy equipment machinery and dozers. But motor graders aid in specialized grading that is not restricted to only a specific surface. Also, motor graders are infused with another advantage. They can be used with multiple attachments for various applications in the mining and construction industry, namely, underground mining, soil foundation for buildings, and pavement of roads.

"Increasing Developments in Infrastructure to Favor Growth of Market in the Asia Pacific"

The global motor graders market is geographically segmented into Asia Pacific, Latin America, the Middle East and Africa, Europe, and North America. Fortune Business Insights predicts that Asia Pacific is expected to lead the global motor graders market during the forecast period. The region had reached USD 1011.2 Mn in the year 2018. A rise in capital investments by governments and increasing developments in infrastructure are anticipated to boost the motor graders market sales in this region.

Moreover, China has been investing huge amounts in renewable energy, public infrastructure, and residential construction projects. This is further expected to propel the motor graders market in Asia Pacific. Europe, on the other hand, is projected to witness rapid growth and rise steadily at 5.4% CAGR. This will take place due to the improvements in employment levels, rise in the adoption of productive, environment-friendly and effective technologies, and new infrastructural projects.

Germany, which is considered to be the residence of Europe's best-performing machine and equipment sector, has been facing an ever grossing demand for construction projects. Thus, the region will have an opportunity to generate high motor graders market revenue.

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