Press release
Global Graders Market Is Also Estimated To Bring In US$ 4,841.7 Million Revenue By The End Of 2026
Global sales of graders are currently valued at US$ 4.27 billion, and the market is forecast to close in on a valuation of US$ 5.6 billion by 2032, expanding a CAGR of 2.7%.The graders market is likely to grow steadily as they are versatile machines used for the grading and levelling of land surfaces. Graders find application in several sectors such as mining, landscaping, construction, etc.
Revenue from the sales of graders accounted for 3.1% share of the global construction equipment industry in 2021. The global graders market is likely to create absolute opportunity worth US$ 1.33 billion during 2022-2032.
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Graders Industry Survey by Category
Graders Market by Base Power :
Up to 200 HP Graders
Above 200 HP Graders
Graders Market by Blade Pull :
Up to 15,000 lbs. Graders
Above 15,000 lbs. Graders
Graders Market by Application :
Construction
Mining
Snow Removal
Land Grading and Levelling
Others
Graders Market by Region :
North America Graders Market
Latin America Graders Market
Europe Graders Market
East Asia Graders Market
South Asia & Oceania Graders Market
MEA Graders Market
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Competitive Landscape: Top Companies in Graders Market
The global graders market is highly competitive and fragmented in nature as several local and international players operate in this space. Acquisitions, partnerships, collaborations, and new product development are being adopted as a strategic approach by companies to expand their market presence.
In 2019, Komatsu Ltd. introduced the GD655-7 motor grader, which has low-effort based control levers, a steering wheel, a steering lever, and a comfortable cabin.
In 2021, Deere and Company launched enhanced GP-Series motor graders. These come with technology innovations such as auto-shift PLUS, auto-pass, SmartGrade remote support, etc.
Fact.MR has provided detailed information about the price points of key manufacturers in the graders market positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
To get all-in insights on the regional landscape of the Regulatory Information Management Market, buy now:-https://www.factmr.com/checkout/392
How Insights and Analysis by Fact.MR Make Difference?
The in-depth assessment of various growth dynamics of the Graders Market and insights on market estimations help all market participants to stay ahead in the curve of growth with a worldwide economic impact of COVID-19. Some of the insights that can make the difference are:
Most rapidly expanding region and the top revenue-generating region.
Trends that are outliers to the historical growth of various regional markets.
Products, services, and technologies that will attract sizable research and investment funding by governments of different countries
Macroeconomic dynamics that may make a characteristic change in the growth trajectory of the overall Graders Market.
Apart from these insights, the authors of the report by Fact.MR shed light on the following dynamics and answers relevant questions:
What is the share of the most lucrative region in the global Graders Market by the end of the forecast period?
Which is the most profitable product segments for most players?
Will top end-use industries continue to contribute sizable shares to the global Graders Market?
Which regulatory frameworks in developed markets will change the course of strategies by top international players?
Which microeconomic trends will be key to the expansion of new markets over the forecast period?
Which government policies can prove to be a game-changer for new entrants?
Which technology trends might disrupt the demand in key end-use industries?
Which application areas are most likely to see innovation in the near future?
What is the intensity of competition and degree of consolidation in market shares, and will these remain the same throughout the forecast period?
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