Market Insights
A grader is a construction tool with a long blade that is used to grade material by flattening the surface. Graders are widely used in both paving road construction and maintenance. Typically, they are used to create a wide, flat base course so that the road surface can be laid out on top of it. Graders are used to lay native soil or gravel foundation pads prior to building of large structures. They are able to create inclined surfaces that give roads "cant" (camber or side slope).
Due to stringent government regulation and the postponement of ongoing infrastructure and construction projects, the demand for motor graders during COVID-19 was significantly reduced. Infrastructure and construction initiatives have been supported by emerging economies, such as those in China, India, and other South Asian countries. The frequency of project engagement, however, drastically decreased during the outbreak.
Motor graders, a sizeable market witnessed a colossal decline amid the pandemic. However, due to reopening of a number of ongoing projects, the market is gradually returning to the growth phase. Furthermore, the demand for motor graders is anticipated to increase due to the surge in construction and mining activities around the world and the increased government spending to improve the construction sector. In addition to being used for a specific task like levelling the surface or underground mining, attachments are readily available for a variety of applications in the mining and construction industry, which is driving the market demand. Overall, the motor graders market is likely to rebound at a healthy CAGR of 4.5% during the forecast period.
Segment Analysis
By Type
The motor graders market is bifurcated into rigid frame and articulated frame. Articulated frame is likely to remain the more popular type in the market owing to the fact that motor graders with articulated frames are more useful in cramped construction sites, where there is less room for movement or turning.
By Capacity Type
The market is segmented into small motor graders, medium motor graders, and large motor graders. Medium motor graders are expected to remain the dominant capacity type in the market during the forecast period. They provide better handling with light weight, efficient power supply, and precise control over the blades. Longer blades on medium road graders allow them to cover larger areas of ground. They are used for bigger jobs and have larger wheels as well. Large construction sites, roads, and highways frequently use medium motor graders.
By Application Type
The market is segmented into construction, mining, forestry & agriculture, and others. Mining application is likely to remain the biggest demand generator for motor graders in the market during the forecast period.
Regional Analysis
Asia-Pacific is expected to remain the largest and fastest-growing region in the market for motor graders during the forecast period. The world's two fastest-developing countries, China and India, have increased construction activity, which is the cause of this growth. The region's governments are investing heavily in building top-notch facilities like airports, sports complexes, hospitals, and hotels, malls, etc., which is fueling the demand for motor graders to grade the land and level the soil so that the bitumen layer spreads evenly throughout the surface. Over the past few years, there has been a noticeable increase in infrastructure spending by both public and private actors throughout the region. This has provided several growth opportunities for manufacturers of construction equipment, as demand for this product is directly linked with infrastructure development investments.
Key Players
The following are the key players in the motor graders market:
- John Deere Co.
- Sany Group
- Caterpillar Inc.
- Volvo CE
- Komatsu Ltd
- Leeboy
- SDLG
- Calder Brothers Corporation
- Case Constructions
- LiuGong Machinery Co. Ltd.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s motor graders market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The motor graders market is segmented into the following categories.
Motor Graders Market, by Type
- Rigid Frame (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Articulated Frame (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Motor Graders Market, by Capacity Type
- Small Motor Graders (80-150 HP) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Medium Motor Graders (150-300 HP) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Large Motor Graders (Above 300 HP) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Motor Graders Market, by Application Type
- Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Forestry & Agriculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Motor Graders Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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