Motor Graders Market

As per Market Research Future Analysis, the Motor Graders Market was valued at USD 3.2 Billion in 2023 and is projected to grow to USD 4.8 Billion by 2032, with a CAGR of 4.5% from 2024 to 2032. The growth is driven by increasing demand in construction and mining sectors globally. The pandemic caused significant disruptions, halting many construction projects and impacting market dynamics. However, post-pandemic recovery is anticipated as projects resume. Key challenges include high costs of ownership leading to a preference for rentals, and a lack of operational knowledge among users. The market is segmented by product type, capacity, application, and region, with North America currently leading in market share due to economic growth and infrastructure improvements.

Caterpillar Inc, Deere and Company, Komatsu Limited, Lee Boy, Liugong Machinery Corporation, Calder Brothers Corporation, CNH Industrial N.V, Veekmas Oy, SANY Group, AB Volvo

• In February 2022, the Sany company collaborated with Leica Geosystems to manufacture the control systems for the excavators and motor graders.
• In march 2o21, the XCMG company has provided six units of customised graders to Rio Tinto for the sake of the mining activities in Western Australia.

Market overview

• Overall growth analysis of the market
• Pandemic analysis
• Market dynamics
• Cumulative growth analysis
• Value chain analysis
• Market segmentation
• Competitive landscape
• Regional analysis
• Key players
• Recent updates