Motor Graders Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Motor Grader Market

The motor grader market size was valued at USD 3,799.0 million in 2018, and the market is now projected tgrow from USD 8,140.8 million by 2032, exhibiting a CAGR of 10.7% during the foSrecast period of 2023-2032.

Advancements in motor graders, such as joystick controls and GPS integration, are enhancing precision and efficiency. Manufacturers are refining engine and braking technologies for better performance. Blade designs are evolving timprove control and productivity. Modern engines provide greater power with enhanced fuel efficiency. These innovations are driving the global motor grader market growth.

Comprehensive Analysis of Motor Grader Market

The motor grader market and machinery and equipment industry is rising at an exponential rate due tits market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the machinery and equipment industry. These segmentations are methodically segregated by types, by capacity and by application. The type includes, Rigid Frame & Articulated Frame. The capacity includes, Small Motor Graders (80-150 HP), Medium Motor Graders (150-300 HP) & Large Motor Graders (Above 300 HP). The application includes, Construction, Mining, Forestry & Agriculture and Others.

The Asia Pacific region probably contributes the most tthe motor grader market due tits higher government spending, especially in infrastructural development projects. The region was valued at USD 1,011.2 million in 2018. China’s concentration on public projects, renewable sources of energy, and residences is the growth driver.

The top players in the market play a crucial role in the machinery and equipment industry assuring industrial prospectus growth and setting market standards. These players include, Caterpillar Inc., Deere & Company, Komatsu Ltd, LeeBoy, Liugong Machinery Co., Ltd., Calder Brothers Corporation, CNH Industrial N.V., Veekmas Oy, SANY GROUP and AB Volvo. These market players provide a level-playing competitive landscape.

In August 2018, Deere & Company launched the first motor grader with a fully integrated mastless grade control system.

Segmentation Table

Global Motor Grader Market Scope

By Type

Rigid Frame

Articulated Frame

By Capacity

Small Motor Graders (80 - 150 HP)

Medium Motor Graders (150 - 300 HP)

Large Motor Graders (Above 300 HP)

By Application

Construction

Mining

Forestry & Agriculture

Others

By Region

North America (U.S. and Canada)

Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Latin America (Brazil, Mexicand Rest of Latin America)