Global Motor Grader Market Size, Share, and COVID-19 Impact Analysis, By Product (Rigid Frame and Articulated Frame), By Capacity (Small Motor Graders, Medium Motor Graders, and High Motor Graders), By Industry Vertical (Infrastructure, Construction, Mining, Oil & Gas, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032.
Industry: Machinery & EquipmentGlobal Motor Grader Market Insights Forecasts to 2032
- The Global Motor Grader Market Size was valued at USD 4.77 Billion in 2022.
- The Market is Growing at a CAGR of 5.6% from 2022 to 2032.
- The Worldwide Motor Grader Market Size is expected to reach USD 8.23 Billion by 2032.
- Asia-Pacific is expected to grow significant during the forecast period
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The Global Motor Grader Market Size is expected to reach USD 8.23 Billion by 2032, at a CAGR of 5.6% during the forecast period 2022 to 2032.
Market Overview
A motor grader is a heavy construction machine used in the grading and leveling of roads, parking lots, and other flat surfaces. Also known as a road grader or simply a grader, it consists of a long blade positioned between the front and rear axles, allowing for precise control over the grading process. Motor graders are typically equipped with a variety of features to enhance their performance, such as adjustable blades that can be angled and tilted, hydraulic controls for easy maneuverability, and articulated steering for increased flexibility. These machines are essential in the construction industry for creating smooth and even surfaces, improving drainage systems, and ensuring proper alignment for roads and runways. They play a crucial role in maintaining and enhancing transportation infrastructure, contributing to safer and more efficient travel.
Report Coverage
This research report categorizes the market for motor grader market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the motor grader market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the motor grader market.
Global Motor Grader Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 4.77 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 5.6% |
2032 Value Projection: | USD 8.23 Billion |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product, By Capacity, By Industry Vertical, By Region and COVID-19 Impact Analysis. |
Companies covered:: | Calder Brothers Corporation, Guangxi Liugong Machinery Co., Ltd., Deere & Company, AB Volvo, Sany Group Co Ltd., Veekmas Oy, Caterpillar Inc., CNH Industrial N.V., Leeboy, KOMATSU Ltd., and other venders. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The motor grader market is driven by the ongoing global infrastructure development projects, such as road construction, airport expansion, and urbanization, fuel the demand for motor graders. The need for well-maintained roads and smooth surfaces drives the market growth. Additionally, the growing focus on improving transportation networks and increasing government investments in infrastructure development act as major drivers. Moreover, technological advancements in motor graders, including features like GPS and telematics integration for enhanced precision and efficiency, contribute to market growth. Furthermore, the increasing demand for motor graders in emerging economies due to rapid industrialization and urbanization further drives market expansion. Overall, the replacement and upgradation of aging motor grader fleets in developed countries contribute to the market's growth as companies seek more efficient and advanced equipment to improve their operations.
Restraining Factors
The motor grader market faces certain restraints that impact its growth, such as the high initial investment costs associated with purchasing motor graders can limit market expansion, especially for small and medium-sized construction companies. Additionally, fluctuations in raw material prices, such as steel and fuel, can increase manufacturing costs, leading to higher product prices. Moreover, the availability of alternative technologies for surface leveling, such as automated systems and drones, poses a challenge to the traditional motor grader market. Furthermore, the cyclical nature of the construction industry and economic downturns can affect the demand for motor graders, as construction projects may be postponed or scaled back. Lastly, stringent emissions regulations and environmental concerns can impact the market, requiring manufacturers to invest in greener technologies and comply with stricter standards.
Market Segmentation
- In 2022, the articulated frame segment accounted for around 65.3% market share
On the basis of the product, the global motor grader market is segmented into rigid frame and articulated frame. The articulated frame segment has emerged as the leader in the motor grader market, holding the largest market share. This segment's dominance can be attributed to several key factors, articulated frame motor graders offer superior maneuverability and flexibility. The articulated frame design allows for better turning capabilities, making it easier to navigate tight spaces and sharp turns on construction sites. This enhanced maneuverability enables operators to work efficiently in challenging terrain, leading to increased productivity and improved project timelines. The articulated frame graders provide better stability and traction. The design incorporates a pivoting joint between the front and rear frames, which allows the front and rear axles to move independently. This feature enhances stability and weight distribution, providing better traction and control on uneven surfaces. The improved stability ensures precise grading operations, resulting in higher accuracy and quality of the finished surface. Furthermore, the articulated frame graders often come equipped with advanced features and technologies. These include GPS and telematics integration, automated controls, and ergonomic operator cabins. These features enhance the efficiency, accuracy, and comfort of the grading operations, further boosting the popularity and demand for articulated frame motor graders. Additionally, the articulated frame segment caters to a wide range of applications. It is suitable for various projects, including road construction, infrastructure development, mining, and agriculture. This versatility makes articulated frame graders attractive to a diverse customer base, contributing to their larger market share.
- In 2022, the construction segment dominated with more than 32.4% market share
Based on the industry vertical, the global motor grader market is segmented into infrastructure, construction, mining, oil & gas, and others. The construction segment has emerged as the leader in the motor grader market, holding the largest market share. This can be attributed to several key factors that drive the demand for motor graders in the construction industry. The motor graders are essential equipment in construction projects for grading and leveling surfaces. They play a crucial role in creating smooth and even foundations for roads, highways, airports, and other infrastructure developments. The construction industry's continuous growth and expansion worldwide contribute to the high demand for motor graders. The infrastructure development initiatives by governments across the globe fuel the demand for motor graders in the construction sector. Countries are investing in the construction of new roads, bridges, tunnels, and buildings to support economic growth, urbanization, and population expansion. These projects require the use of motor graders to ensure proper surface preparation and quality. Furthermore, technological advancements in motor graders have enhanced their efficiency and productivity, making them indispensable in the construction industry. Features like GPS integration, automated controls, and telematics enable precise grading operations, reducing human error and increasing overall project efficiency. Moreover, the increasing focus on sustainable construction practices, such as efficient drainage systems and environmentally friendly road designs, drives the demand for motor graders. These machines help ensure proper water flow and minimize environmental impact during construction activities. Additionally, the replacement and upgradation of aging motor grader fleets in the construction industry contribute to the market's growth. Companies are investing in newer models with advanced features to improve their operations and stay competitive.
Regional Segment Analysis of the Motor Grader Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Middle East & Africa had the largest market with more than 41.7% revenue share in 2022.
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Based on region, the Middle East & Africa region has emerged as a dominant player in the motor grader market, holding the largest market share. Several factors contribute to this significant market presence, the region's ongoing infrastructure development projects, such as construction of roads, highways, and airports, have driven the demand for motor graders. The need for well-maintained and efficient transportation networks fuels the market growth. Additionally, the region's booming construction industry, driven by urbanization, population growth, and economic development, contributes to the market's expansion. Moreover, the increasing government investments in infrastructure and transportation sectors, along with various initiatives for economic diversification, propel the demand for motor graders. Furthermore, the presence of major oil and gas projects in the region also contributes to the market's growth. The Middle East & Africa's dominant market share in the motor grader market can be attributed to these factors, making it a significant region in terms of market size and opportunities.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global motor grader market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Companies:
- Calder Brothers Corporation
- Guangxi Liugong Machinery Co., Ltd.
- Deere & Company
- AB Volvo
- Sany Group Co Ltd.
- Veekmas Oy
- Caterpillar Inc.
- CNH Industrial N.V.
- Leeboy
- KOMATSU Ltd.
Key Target Audience
- Market Players
- Investors
- End-Users
- Government Authorities
- Consulting and Research Firm
- Venture Capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2022, Sany formed a strategic alliance with Leica Geosystems to manufacture machine control systems for excavators and motor graders. The technology will be made available through the joint technology access program, through which Sany dealers will provide a wide range of machine control solutions through licensing agreements.
- In March 2021, Rio Tinto recently received six customized GR2605 graders from XCMG, a major construction machinery manufacturer. These graders were created particularly for mining operations in Western Australia. This collaboration illustrates the mining industry's need for specialized equipment as well as XCMG's dedication to providing bespoke solutions to its clients.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global motor grader market based on the below-mentioned segments:
Motor Grader Market, By Product
- Rigid Frame
- Articulated Frame
Motor Grader Market, By Capacity
- Small Motor Graders
- Medium Motor Graders
- High Motor Graders
Motor Grader Market, By Industry Vertical
- Infrastructure
- Construction
- Mining
- Oil & Gas
- Others
Motor Grader Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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