Motor Grader Market was valued at USD 7.40 Billion in 2022, and is expected to reach USD 10.91 Billion by 2029, exhibiting a CAGR of 5.7% during the forecast period (2023-2029)
Motor Grader Market Overview:
The Motor Grader Market Report examines the current market analysis of the current and future market scenario, and provide insights and updates on the important sectors . The Motor Grader Market Research Report covers a comprehensive analysis of micro and macro market factors, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivalries of the Motor Grader market.
Motor Grader Market Scope
The Motor Grader Market report provides in-depth analysis of the market drivers, limitations, prospects and barriers. The report covers the Motor Grader Market trends, market structure and market dynamics and regional analysis of the industry. The reports comprises of the analysis of the new innovations and research and developments activities done by the major players which are driving the Motor Grader market’s growth.
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Regional Analysis:
The research report delves into the Motor Grader business in great depth, segmenting it into numerous locations. In the target market, the study looks at regional market actors as well as market results. North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East are evaluated by region and country in this study. Regional markets are thoroughly investigated in order to uncover regional market trends, restrictions, and possible prospects.
Key Questions answered in the Motor Grader Market Report are:
What is Motor Grader Market?
What is the forecast period of the Motor Grader Market?
What is the competitive scenario of the Motor Grader market?
Which region held the largest market share in the Motor Grader Market?
What are the opportunities for the Motor Grader Market?
What factors are affecting the Motor Grader market growth?
Who are the key players of the Motor Grader market?
Which company held the largest share in the Motor Grader market?
What will be the CAGR of the Motor Grader market during the forecast period?
What key trends are likely to emerge in the Motor Grader market in the coming years?
Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key
trends
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Market Segmentation:
Type
There are two categories in this segment: rigid frame and articulate frame. Due to the huge number of articulate frame graders anticipated to be produced in the future, the Articulate Frame category is anticipated to hold the largest Motor Grader Market share during the projected period. The popularity of articulate frame motor graders can be attributed to its advanced features that make work and operation simple. The operation of rigid frame motor graders is relatively challenging since they lack modern features like articulate frame graders.
Capacity
This segment is divided into Small Motor Graders – 80-150 HP, Medium Motor Graders – 150-300 HP and High Motor Graders – Above 300 HP. The Medium Motor Graders (150 – 300 HP) segment held the largest Motor Grader Market during the forecast period. This is attributed to the largest increasing infrastructure projects mainly in developing countries such as India. The High Motor Graders segment is expected to grow at a high rate during the forecast due to the growing population globally, which is resulting in the demand for large areas of land for commercial and residential use.
End-User
This segment is divided into Construction, Mining, Oil and Gas, Forestry, Agriculture and Snow Removal. Among these, the construction segment dominated the global market with the largest Motor Grader Market share in 2022. The mining segment also held the major share of the global market in 2022. Both segments are expected to hold the largest share of the market during the forecast period. This is attributed to the high need for versatile machines from grader operators for a wide variety of roadworks, construction and mining tasks.
by Product Type
• Rigid Frame
• Articulate Frame
by Capacity
• Small Motor Graders – 80-150 HP
• Medium Motor Graders – 150-300 HP
• High Motor Graders – Above 300 HP
by End-User
• Construction
• Mining
• Oil and Gas
• Forestry
• Agriculture
• Snow Removal
Landscape- Leading key players and other prominent key players.
• SHANTUI
• Xiamen Topway Machinery Co., Ltd
• Case Construction Equipment
• Hermann Paus Maschinenfabrik
• Deere & Company
• AB Volvo
• Calder Brothers Corporation
• Sany Group Co Ltd
• Guangxi Liugong Machinery Co., Ltd
• Veekmas Oy
• Caterpillar Inc.
• CNH Industrial N.V
• Leeboy
• KOMATSU Ltd
• XCMG
• Pi Makina
• Mahindra Construction Equipment
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