Report ID: PMRREP18745
Report Type: Ongoing
Format: PPT*, PDF, EXCEL
Industry: Automotive
The global motor grader market is expected to rise from US$4.1 Bn in 2024 to US$5.8 Bn by the end of 2031 during the forecast period from 2024 to 2031. The market is anticipated to secure a CAGR of 5.0% during the forecast period from 2024 to 2031.
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Attributes |
Key Insights |
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Motor Grader Market Size (2024E) |
US$4.1 Bn |
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Projected Market Value (2031F) |
US$5.8 Bn |
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Global Market Growth Rate (CAGR 2024 to 2031) |
5.0% |
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Historical Market Growth Rate (CAGR 2019 to 2023) |
4.7% |
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Motor graders are used to finish or refine the grading process. Whereas the rough grading process can be effectively performed by other construction vehicles or heavy equipment, such as bulldozers and scrapers, motor graders are generally used for the maintenance and construction of gravel and dirt roads in the construction industry.
Motor graders typically have three axles - the driver’s cab and the engine is located above the rear axles and a third axle is located in the front side of the vehicle. Additionally, the blade which is used for surface flatting process is located between the front and rear axles.
The motor grader is placed with a second blade which is located at the front axle in certain countries of Europe, such as Finland, Sweden, etc., Motor graders in the global market are available with capacities ranging from engines 60 – 373 KW (80–500 HP) and blades ranging from 2.5 – 7.3 meters.
An additional advantage of motor graders is that they can be operated with multiple attachments for various applications in the construction and mining industry apart from being used for separate tasks, such as flattening of surface or underground mining.
Motor graders are extensively used for the creation of wide flat surfaces on which asphalt can be placed during the construction of paved roads. They are also employed for the creation of soil foundations before the construction of a building and structure can take place. Wide adoption for construction and mining applications predominantly drives demand in the motor grader market.
Key Trends in the Market
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The growth of the construction end use industry is predominantly being driven by the development of large-scale infrastructure projects in the global market and is spurred by good economic growth. For instance,
Several infrastructural projects, such as construction of light rail corridors, office buildings and shopping centers, are underway in North America. Hence, owing to the aforementioned facts, it is estimated that the demand for the motor graders is estimated to grow over the forecast period.
Construction vehicles are the most common transportation tools in the construction industry and they aid in making many tasks, such as unloading, loading and transportation, easier. Growing construction industry output is expected to be one of the most significant drivers for the motors grader market.
The construction industry is estimated to grow owing to the vast projects in pipeline, plans to diversify the economy and due to the large scale international events, such as the World Expo 2020 in Dubai and the FIFA World Cup 2022 that will take place in Qatar. This is expected to create significant growth potential in terms of demand for motor graders worldwide during the forecast period.
Demand in Road Maintenance and Rehabilitation Jobs
Aging infrastructure and the need for road maintenance and rehabilitation projects are driving demand for motor graders. As existing roads require repairs, resurfacing, and leveling, motor graders play a crucial role in maintaining road quality and safety.
Motor graders are essential equipment for routine maintenance activities such as grading, leveling, and shaping road surfaces. Regular maintenance is necessary to ensure the safety, smoothness, and longevity of roads. These graders are used to remove potholes, fill ruts, smooth uneven surfaces, and maintain proper drainage, thereby improving road quality and safety.
Proper maintenance and rehabilitation of roads using motor graders result in improved road quality and performance. Smooth, well-maintained roads offer better driving conditions, reduce vehicle wear and tear, and enhance overall road safety. As a result, there is a strong demand for motor graders to support ongoing road maintenance efforts aimed at improving infrastructure quality and reliability.
Insufficient Government Funding for Infrastructure Projects
Insufficient government funding for infrastructure projects, particularly in regions with budgetary constraints or competing priorities, can limit the demand for motor graders. Delays or cancellations of infrastructure projects can significantly impact market growth.
Insufficient funding can shrink the overall size of the infrastructure contracting market. With fewer projects in the pipeline, competition among equipment suppliers, including motor grader manufacturers, intensifies. This can lead to pricing pressures and reduced profit margins for manufacturers and dealers.
Motor graders are capital-intensive assets that require consistent utilization to generate returns on investment. When infrastructure projects are delayed or cancelled due to funding constraints, motor graders may sit idle for longer periods, reducing their utilization rates and negatively impacting profitability for equipment owners.
Delays in Infrastructure Projects
Delays in infrastructure projects, whether due to regulatory issues, environmental concerns, or funding constraints, can disrupt demand for motor graders. Construction companies may postpone or cancel equipment purchases if project timelines are uncertain or extended, leading to reduced market growth.
Delays in infrastructure projects create uncertainty for construction companies planning equipment acquisitions. Companies may hesitate to invest in motor graders if project timelines are uncertain or if there is a risk of projects being canceled or postponed indefinitely. This uncertainty can lead to deferred purchasing decisions and lower sales for motor grader manufacturers.
Electric and Hybrid Motor Graders
Electric and hybrid motor graders offer reduced emissions compared to traditional diesel-powered ones. With increasing emphasis on environmental sustainability and stricter emissions regulations globally, there is growing demand for eco-friendly construction equipment. Market players offering electric and hybrid motor graders can capitalize on this trend by catering to environmentally conscious customers and markets.
Offering electric and hybrid motor graders allows market players to differentiate themselves from competitors and position their brand as innovative and environmentally responsible. This differentiation can help attract customers who prioritize sustainability and are willing to invest in advanced, forward-thinking equipment.
Electric and hybrid motor graders unlock opportunities in new markets and applications where environmental regulations are particularly stringent or where customers prioritize sustainability. Market players can explore these niche markets and expand their reach by offering specialized products tailored to specific customer requirements.
Global Economic Growth
Economic growth in various regions leads to increased investments in construction and infrastructure projects, which, in turn, drives the demand for motor graders. Economic growth often increases demand for raw materials, leading to expansion in mining and extractive industries.
Motor graders are used in mining operations for tasks such as road construction, haul road maintenance, and site preparation. Therefore, growth in mining activities creates additional demand for motor graders.
Economic growth often increases demand for raw materials, leading to expansion in mining and extractive industries. Motor graders are used in mining operations for tasks such as road construction, haul road maintenance, and site preparation. Therefore, growth in mining activities creates additional demand for motor graders.
Medium Motor Graders (150 – 300 HP) Surge Ahead
The medium motor graders (150 – 300 HP) captured the highest revenue share in the market based on capacity. The medium motors graders come with long blades that make them suitable to cover the long stretches of road. Moreover, these graders have large wheels that help them to perform big jobs with ease.
Medium motor graders are also employed at large construction sites and are employed commonly for roads as well as highways. The key advantage of medium motor grader is it is available in affordable price compared to large motor graders. Another crucial benefit of using medium motor grader is that it is efficient in performing many of the crucial tasks.
Asia Pacific Retains the Leading Position
Asia Pacific seems to be one of the most significant region in the motor graders market as countries, such as China, India and Japan, are home to some of the prominent manufacturers operating in the global motor graders market. Increasing disposable income in North America, and Europe is boosting the demand for construction activities in these regions, which is expected to expand overall construction vehicle production.
Increasing urbanization & industrialization in the countries of the Middle East & Africa is estimated to propel the motor graders market over the forecast period. Increasing inclination of consumer towards efficient, productive, and environment-friendly technologies and never ending demand for construction projects will also drive the market for motor graders in all the developed and developing countries.
Competition in the market for motor grader is driven by continuous product innovation. Companies invest in research and development to introduce advanced features such as automated grading systems, telematics integration for remote monitoring. Enhanced operator comfort, and improved fuel efficiency. Innovative products often attract customers looking for efficiency gains, and cost savings.
Integration of advanced technologies like GPS-based grading systems, machine control systems, and intelligent automation is becoming increasingly important. Companies that can offer motor graders with advanced technology features gain a competitive edge by providing greater accuracy, efficiency, and ease of operation.
Top Industry Players Profiled in Motor Grader Market Report
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Attributes |
Details |
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Forecast Period |
2024 to 2031 |
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Historical Data Available for |
2019 to 2023 |
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Market Analysis |
US$ Billion for Value |
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Key Regions Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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Customization & Pricing |
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The global motor grader market is expected to rise from US$4.1 Bn in 2024 to US$5.8 Bn by the end of 2031 during the forecast period from 2024 to 2031.
Growing construction end-use industry is a key driver for market growth.
Electric and hybrid motor graders are unlocking multiple opportunities in new markets.
A few of the leading players operating in the market are CNH Industrial America LLC., Caterpillar Inc., and Deere & Company.
The medium motor graders (150-300 HP) recorded the highest revenue share.
