The global Motor Grader Market size is projected to reach USD 910.5 million by 2026, from USD 483.7 million in 2020, at a CAGR of 11.8% during the forecast period.
A motor grader, also referred to as graders, is typically a construction vehicle machine equipped with a long blade used for creating flat surfaces during the grading process.
Top Players in Motor Graders Market are Caterpillar Inc., Deere & Company, Komatsu Ltd, LeeBoy, Liugong Machinery Co., Ltd., Calder Brothers Corporation, CNH Industrial N.V., Veekmas Oy, SANY GROUP and AB Volvo.
Caterpillar Inc. is an American corporation that's famous worldwide for its construction vehicles and it's currently the world's leading motor grader manufacturer. CAT® 120 is a next generation motor grader. This is combining of weight balance, power and agility in the next generation Cat120 motor grader. The latest 120 offer higher fuel efficiency, a more comfortable cab and lower maintenance costs all designed so you can turn more profit for your business.
John Deere reduces operating cost and increasing productivity with the new motor Grader Premium Circle Option. John Deere is focused on providing new ways to help reduce those costs, and able to do that with the new premium Circle option for all G and GP series motor graders worldwide. Customers will benefit from reduced parts and labor cost, while still maintaining an accurate grade.
On the basis of product, motor grader market report displays the production revenue, price and market share and growth rate including Small sized motor grader, Medium sized motor grader and large sized motor grader. On the basis of application construction, snow removing, Soil and gravel road maintenance. On the basis of region Market segmented into Asia-Pacific, North America, Europe and Middle east & Africa. Asia-Pacific seems to be one of the most prominent regions in the motor graders market in 2019-2027 as increase in capital investments and government awareness and growing in expansion of infrastructure are increases the motor grader. China has been investing vast amounts in renewable energy, public infrastructure, & residential construction plans. This is further projected to push the market in region.
This report provides the market overview of motor grader with major player with their strategies. Looking today’s market upcoming market will take large growth over forecast period.
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