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Motor Graders Market Surge At A Robust Pace In Terms Of Revenue

05-16-2020 04:23 PM CET | Science & Education

Press release from: Transparency Market Research

Motor graders also known as road graders, are construction vehicles used for leveling soil or ground during the grading process. The vehicle is equipped with a long blade which helps to create a flat surface. Usually, motor graders are used for the construction and maintenance of dirt and gravel roads in the construction industry. In the global market, motor graders are available with engine capacities ranging from 60 kilowatt to 373 kilowatt and blades ranging from around 2.5 meters to 7.3 meters. Motor graders are used for different applications in the mining and construction industry by operating with multiple attachments. Motor graders are also used for soil foundation before building construction. In brief, motor graders are increasingly being used in mining and construction applications to create a smooth surface during the process of construction.

Motor Graders Market -Competitive Landscape
In December 2014, Hitachi Construction Machinery Co., Ltd. launched EH3500AC-3 and EH4000AC-3, rigid dump truck models used in large-scale mining operations.

In July 2018, Caterpillar Inc. entered into a collaboration agreement with U.S. based Newmont Mining to validate and enhance the underground hard rock mining vehicle automation technology.

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CNH Industrial NV

Established in 2012, CNH Industrial NV is based in London, U.K. The company designs, produces, and sells agricultural equipment and commercial vehicles. It operates through the following business segments: commercial vehicles, construction equipment, agricultural equipment, powertrain, and financial services. It has manufacturing plants, research and development centers, and a commercial presence across Latin America, North America, Middle East & Africa, and Asia Pacific.

Deere & Company

Founded in 1837, Deere & Company is based in Moline, Illinois, U.S. The company involves in the manufacture and distribution of equipment used in construction, agriculture, forestry, and turf care. Deere & Company operates through the following segments: construction and forestry, agriculture and turf, and financial services. The company's product portfolio comprises agriculture and turf equipment, service parts, and other outdoor power products; and machines and service parts used in earthmoving, construction, timber harvesting, and material handling. It markets its products through a worldwide network of distributors and dealers.

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COVID-19 Pandemic Results in Infodemic

In wake of pandemic COVID-19, various cases of cyber scam and message hack have been reported. In a newsletter, the World Health Organization has warned against cyber-crimes occurring under banner of the organization. The esteemed health organization has termed such crimes as 'infodemic'. In past few weeks, report of phishing attacks through malicious files and links have come across.

To prevent such attacks, companies operating in the messaging security market have been trying to alert the uses by informing them obvious signs of cyber-attacks. Besides, the companies are also bringing innovation in cloud security solutions.
These factors are, conjointly, propelling messaging security market.

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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