Motor Graders Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The motor grader market is worth $30 billion in 2021 and is expected to grow at a solid CAGR of over 4% during the 2022-2028 forecast period. Graders, also called road graders, are construction vehicles that are used to level the ground or the ground during the leveling process. The vehicle is equipped with a long blade that helps to create a flat surface. Usually, graders are used for the construction and maintenance of dirt and gravel roads in the construction industry. In the world market, graders are available with motor capacities ranging from 60 kilowatts to 373 kilowatts and blades ranging from about 2.5 meters to 7.3 meters. The graders are used for different applications in the mining and construction industry by operating with several accessories. Graders are also used for the foundation of the soil before the construction of the building. In short, graders are increasingly being used in mining and construction applications to create a smooth surface during the construction process.

 

Company Profile

• MITSUBISHI HEAVY INDUSTRIES, LTD.
• Liugong Machinery Co., Ltd.
• Sinomach-HI (Luoyang) Co., Ltd.
• Terex Corporation.
• AB Volvo
• Mahindra & Mahindra Ltd.
• Veekmas Ltd.
• Tata Hitachi Construction Machinery.

 

Market Segmentation

By Type

• Rigid Frame Motor Grader
• Articulated Frame Motor Grader

By Capacity

• Small Motor Graders (80 – 150 HP)
• Medium Motor Graders (150 – 300 HP)
• Large Motor Graders (Above 300 HP)

By Application

• Construction
• Mining

 

Scope of the Report

The research study analyzes the Motor Graders Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Motor Graders Market Report

 

1. What was the Motor Graders Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Motor Graders Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Motor Graders Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.