Motor Grader Market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2034

The motor grader market size was valued at USD 32.09 billion in 2022. It is projected to grow to USD 54.89 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.5% from 2023 to 2032.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:

A motor grader is a large construction vehicle used to level, smooth, and shape surfaces, often for roadway projects or site preparation for building. Its lengthy blade, located between the front and back axles, can be set to various angles and depths. Motor graders are vital for leveling surfaces, enhancing drainage, forming roadways, preserving gravel roads, and excavating ditches. They are frequently utilized in paving, mining, and civil engineering undertakings.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:

https://www.polarismarketresearch.com/industry-analysis/motor-grader-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

Manufacturers focus on creating operator cabs with alterations that improve operational efficiency and comfort. These technological innovations lead to an increased need for motor graders among construction professionals, thus enhancing the overall expansion of the motor grader market.
The significant maintenance and repair expenses associated with motor graders can strain construction budgets. This could obstruct the market's expansion, as companies might be reluctant to invest in costly machinery that incurs substantial continuous maintenance costs.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here is the list of the leading companies operating in the market:

Caterpillar
Doosan
Komatsu
Sumitomo Heavy Industries
Volvo Construction Equipment
CNH Global
Escorts Group
Hitachi Construction Machinery
Hyundai Heavy Industries
JC Bamford Motor Grader
John Deere
Kobelco
Liebherr-International
Mitsubishi
Sany Heavy Industries

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:

https://www.polarismarketresearch.com/industry-analysis/motor-grader-market/request-for-discount-pricing

𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The regions and countries mentioned span across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In North America, the United States and Canada are key players. Europe includes Germany, the United Kingdom, France, Italy, Spain, Russia, and the Netherlands. In the Asia Pacific region, China, India, Japan, South Korea, Indonesia, and Malaysia are significant countries. Latin America features Argentina, Brazil, and Mexico, while the Middle East & Africa includes the United Arab Emirates, Saudi Arabia, Israel, and South Africa. These regions represent a diverse and geographically spread array of nations across the globe.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The motor grader market is mainly segmented based on vehicle weight, engine capacity, drive type, and region. Based on vehicle type analysis, in 2022, the 11 to 45 segment held the largest market share. These are ideal for small to medium-sized grading tasks. They provide effectiveness and strength for commercial construction projects of medium to large scale.

Motor Graders, Vehicle Weight Outlook (Revenue - USD Billion, 2019 - 2032)

Less than 10
11 to 45
46 (greater than)

Motor Graders, Engine Capacity Outlook (Revenue - USD Billion, 2019 - 2032)

Up to 250 HP
250-500 HP
More than 500 HP

Motor Graders, Drive Type Outlook (Revenue-USD Billion, 2019 - 2032)

Electric
ICE

Moreover, according to the engine capacity analysis, in 2022, the up to 250 HP segment accounted for the highest revenue share and is anticipated to grow significantly over the projection period. This expansion is primarily fueled by residential and commercial building projects that necessitate the use of motor graders.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/motor-grader-market/inquire-before-buying

𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

Electric drive segment expected to witness highest growth rate, owing to the growing trend in electrification in the industry
11 to 45 segment held the largest share, as they more applicable in small and medium industries
APAC registered steady growth, owing to use untapped market and growing businesses
The global players include Caterpillar, Doosan, Komatsu, Sumitomo Heavy Industries, Volvo Construction Equipment.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
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