The Latest Motor Graders Industry Statistics Explained
The global motor graders market size was valued at USD 4.05 Billion in 2018.
The statistic “The global motor graders market size was valued at USD 4.05 Billion in 2018” represents the total monetary value of motor graders sold worldwide in the year 2018. This figure indicates the scale and importance of the market for motor graders, which are heavy construction machinery used for grading and leveling surfaces. The market size of USD 4.05 Billion suggests a significant demand for motor graders in various construction and infrastructure projects globally, reflecting ongoing investments in the construction industry during that year. This statistic provides valuable insights for industry professionals, investors, and policymakers to understand the market dynamics and trends shaping the motor graders sector.
It is anticipated that the motor graders market will reach USD 5.41 Billion by 2026.
This statistic indicates a projected growth in the market size of motor graders, a commonly used heavy construction equipment, with an anticipated value of USD 5.41 billion by the year 2026. This forecast suggests an increase in demand for motor graders, likely driven by ongoing infrastructure development projects, road construction, and urbanization trends. The projected market size serves as an important metric for industry stakeholders and investors to assess the potential opportunities and trends in the construction equipment sector, while also reflecting the anticipated economic growth and investment in infrastructure development projects set to occur over the specified timeframe.
The market is expected to grow at a CAGR of 2.9% from 2019 to 2026.
This statistic indicates the compound annual growth rate (CAGR) that the market is projected to experience over the forecast period from 2019 to 2026. A CAGR of 2.9% implies that, on average, the market is anticipated to grow by 2.9% each year over this eight-year period. This growth rate provides insights into the expected overall expansion of the market and can be used by stakeholders to make informed decisions about investment, strategic planning, and market positioning. It also indicates a consistent and steady growth trajectory for the market over the specified timeframe, allowing businesses to anticipate the market conditions and adjust their strategies accordingly.
The Asia-Pacific region emerged as the leading motor graders market with a revenue of 1.20 Billion USD in 2018.
The statistic indicates that the Asia-Pacific region was the top market for motor graders in 2018, generating a revenue of 1.20 billion USD. This suggests that this region had the highest demand for motor graders compared to other regions globally. Factors such as infrastructure development, construction projects, and investments in the road and transportation sectors likely contributed to the significant market share in the Asia-Pacific region. The high revenue figure underscores the importance and growth potential of the motor graders market in this region, highlighting opportunities for industry players to capitalize on the market demand and expand their operations in Asia-Pacific.
China is expected to dominate the Asia-Pacific market until 2026 due to increased infrastructure development.
This statistic suggests that China is projected to maintain a strong position as the leader in the Asia-Pacific market until 2026, primarily driven by the significant investments and advancements in infrastructure development within the country. With rapid urbanization and industrial growth, China has been focusing on enhancing its transportation networks, energy systems, and communication facilities to support its economic expansion. As a result, China is poised to attract a larger share of investments, trade opportunities, and market influence within the Asia-Pacific region over the next few years, positioning itself as a dominant player in the regional market landscape.
As of 2019, the North America motor graders market is the second largest after the Asia-Pacific.
The statistic “As of 2019, the North America motor graders market is the second largest after the Asia-Pacific” indicates that in the year 2019, the market for motor graders in North America, which are heavy equipment used in construction and road maintenance, ranks as the second largest globally, following the Asia-Pacific region. This suggests that North America has a significant presence in the motor graders market, trailing behind only the Asia-Pacific region in terms of market size and demand for these construction machinery. This statistic highlights the importance and competitiveness of the North American market in the heavy equipment industry, providing valuable insights for businesses and policymakers in the construction sector.
Caterpillar is the leading company in the global motor graders market.
The statistic “Caterpillar is the leading company in the global motor graders market” indicates that Caterpillar holds the largest market share among all companies that produce motor graders worldwide. This suggests that Caterpillar’s products are highly sought after and preferred by customers in the industry. The statistic implies that Caterpillar may have a competitive advantage in terms of product quality, innovation, pricing, distribution channels, or brand reputation compared to its rivals in the motor graders market. This information is important for stakeholders within the industry as it underscores the market dominance of Caterpillar in this specific sector.
The United States motor graders market is predicted to reach a volume of around 1900 units in 2025.
The statistic suggests that the United States motor graders market is expected to experience growth and increase in volume, reaching approximately 1900 units by the year 2025. This prediction indicates potential expansion in the demand for motor graders within the United States construction and infrastructure sectors. Factors such as an expected increase in construction projects, road maintenance activities, and infrastructure development could be driving this growth in the market. The forecasted volume of 1900 units serves as a key indicator for manufacturers, suppliers, and other stakeholders in the construction industry to anticipate and plan for the evolving market dynamics in the coming years.
The 150-300 HP segment of the motor graders market accounted for the largest industry share in 2018.
The statistic that the 150-300 HP segment of the motor graders market accounted for the largest industry share in 2018 indicates that motor graders with an engine power range between 150 to 300 horsepower were the most popular and widely used within the market during that year. This segment likely outperformed other segments in terms of sales volume, market demand, or overall revenue generated. The statistic suggests that customers in the construction or infrastructure industries preferred motor graders within this power range due to their ability to efficiently and effectively handle various types of grading tasks. This insight can be valuable for industry stakeholders in understanding market trends and making strategic decisions related to product development and marketing efforts.
The market for less than 150 HP motor graders expected to grow at the highest CAGR from 2019 to 2026.
This statistic indicates that the market for motor graders with less than 150 horsepower (HP) is projected to have the highest Compound Annual Growth Rate (CAGR) from 2019 to 2026. A CAGR is a measure of the mean annual growth rate of an investment over a specified period of time longer than one year. Therefore, this statistic suggests that there is increasing demand and potential for growth in the market for less powerful motor graders compared to those with higher horsepower ratings. This trend could be influenced by factors such as cost-effectiveness, versatility, and suitability for a wider range of applications, driving the growth of this specific segment within the motor grader market.
Europe’s motor graders market is projected to witness a CAGR of more than 5% between 2020 and 2026.
This statistic indicates that the motor graders market in Europe is expected to experience a Compound Annual Growth Rate (CAGR) of over 5% from 2020 to 2026. A CAGR of more than 5% suggests significant growth in the market over the forecast period. This projection implies that the demand for motor graders, which are heavy equipment used for construction activities such as grading and leveling surfaces, is likely to increase steadily in Europe. Factors such as infrastructure development projects, urbanization, and technological advancements in the construction industry could contribute to this growth trend. The CAGR provides a standardized measure to assess the market’s performance over time, highlighting the potential opportunities for businesses operating in the motor graders industry in Europe.
Increased road construction activities in the Middle East & Africa are boosting the demand for motor graders.
The provided statistic suggests that the Middle East & Africa region is experiencing a rise in road construction activities, leading to an increased demand for motor graders. Motor graders are essential heavy equipment used in road construction projects for tasks such as leveling and grading surfaces. The growing demand for motor graders indicates a positive trend in the infrastructure development sector in the region, possibly driven by investments in transportation infrastructure, urbanization, and economic growth. This statistic reflects a potential opportunity for manufacturers and suppliers of motor graders to capitalize on the increasing demand in the Middle East & Africa market due to the expansion of road construction activities.
By 2026, it is expected that more than 20,000 units of motor graders will be sold globally.
The statistic indicating that more than 20,000 units of motor graders are expected to be sold globally by 2026 signifies a significant demand for these construction equipment vehicles in the near future. Motor graders are widely used in the construction industry for tasks such as leveling, grading, and eliminating uneven surfaces on roads and land. This projected increase in sales reflects a growing infrastructure development and construction activity worldwide, indicating a positive outlook for the construction industry. It suggests that there will be a strong demand for motor graders, which could be driven by factors such as urbanization, road expansion projects, and infrastructure improvements across various regions globally.
As of 2026, the global motor grader market value is expected to be over USD 6000 million.
The statistic indicates that by the year 2026, the global motor grader market is anticipated to exceed a value of USD 6000 million. This suggests a significant growth and expansion in the market for motor graders, which are heavy construction equipment used for grading land surfaces. Such growth could be driven by factors like increased infrastructure development projects, urbanization, and investment in road construction activities across various regions globally. The projected market value serves as an important indicator of the potential economic opportunities and demand for motor graders in the construction industry, reflecting a positive outlook for manufacturers, suppliers, and other stakeholders within the market.
In 2019, the Indian market for motor graders was valued at over USD 80 million.
The statistic indicates that in 2019, the market for motor graders in India reached a value exceeding USD 80 million. This suggests a significant demand and financial investment in motor graders, which are machines used in construction and road maintenance for shaping and leveling surfaces. The value of the market reflects the total monetary worth of the motor graders sold in India during that year, highlighting the size and importance of this particular sector within the construction industry. The information provides insight into the scale of infrastructure development and construction projects in India during 2019, shedding light on the economic activity and investment levels in the country’s construction sector.
Sales of motor graders with a power output of 200-300 HP accounted for 34.7% of total sales in 2019.
In 2019, 34.7% of all motor grader sales were for machines with a power output falling within the range of 200-300 horsepower. This statistic indicates that there is a substantial demand for motor graders in this specific power category among buyers. It suggests that customers may prioritize machines with this power output level for their specific needs, potentially due to factors such as cost-effectiveness, efficiency, or suitability for particular applications. Understanding the distribution of sales across different power output ranges can be valuable for manufacturers and marketers to tailor their product offerings and strategies to meet customer preferences and market demand effectively.
There was a surge of 72.7% of motor grader sales in South Korea in Q1 of 2020 compared to the same period in 2018.
The statistic indicates a substantial increase of 72.7% in motor grader sales in South Korea during the first quarter of 2020 as compared to the same period in 2018. This surge suggests a significant growth in the demand for motor graders within the South Korean market over the two-year timeframe. Such a notable uptick in sales could be driven by various factors such as infrastructure development projects, increased construction activities, or other economic conditions in South Korea during the specified period. This statistic highlights a positive trend in the motor grader industry in South Korea and may indicate potential opportunities for businesses operating in this sector to capitalize on the growing market demand.
The global market size for motor graders in 2020 stood at 1.09 billion USD.
The statistic indicates that the total monetary value of the global market specifically dedicated to motor graders in the year 2020 was 1.09 billion USD. This figure represents the aggregate market size for motor graders worldwide, highlighting the economic significance and demand for this particular type of heavy equipment within the construction and infrastructure development industries. The 1.09 billion USD value serves as a key metric for assessing the overall scale and scope of the motor grader market in 2020, providing insights into the level of investments, sales, and commercial activities associated with these specialized machinery during that period.
The market size for motor graders is expected to reach 1.96 billion USD by 2028.
The statistic that the market size for motor graders is projected to reach 1.96 billion USD by 2028 indicates the anticipated total value of sales within the motor grader industry in that year. This figure serves as a key indicator of the economic health and growth potential of the motor grader market, providing valuable insights for industry stakeholders, investors, and policymakers. The forecasted increase in market size suggests a growing demand for motor graders, likely driven by factors such as infrastructure development, road construction projects, and equipment upgrades. This statistic can be used by businesses to make informed decisions regarding production, pricing, and market positioning strategies to capitalize on the projected expansion in the motor grader market.
Conclusion
Based on the analyzed statistics for the Motor Graders industry, it is evident that the sector is experiencing steady growth and holding significant market share. The data suggests a positive outlook for the industry, with increasing demand and technological advancements driving future developments. Stakeholders in the Motor Graders industry can leverage these insights to make informed decisions and strategies for sustainable growth and competitiveness.
References
0. – https://www.www.grandviewresearch.com
1. – https://www.www.gminsights.com
2. – https://www.www.fortunebusinessinsights.com
3. – https://www.www.statsandreports.com
4. – https://www.www.khl.com
5. – https://www.www.factmr.com
6. – https://www.www.techsciresearch.com
7. – https://www.www.marketsandmarkets.com
