Motor Graders Market Size and Forecasts (2021 – 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A motor grader is also known as a grader, road grader, or simply a blade. It is the heavy equipment with a long blade used to create a flat surface during grading. Motor graders are generally used in the maintenance and construction of gravel roads and dirt roads. It is used to construct the base course to make an extensive straight surface, thereby rising adoption of such equipment in the construction is driving the growth of the motor graders market over the forecast period. Rising urbanization, coupled with the development of large-scale infrastructure projects, and governments of various countries are focus on developing better transportation facilities that are significantly contributing to the growth of the global motor graders market. However, high initial and operating costs are some of the factors hampering the motor graders market growth. Moreover, the growing number of construction projects and rapid growth in the mining activities are expected to offer ample growth opportunities for the motor graders market in the coming years.
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Top Key Major Players:-
1. AB Volvo
2. Caterpillar Inc.
3. CNH Industrial N.V.
4. Deere and Company
5. H- DROMEK
6. Komatsu Ltd.
7. Liugong Machinery Co., Ltd.
8. Mahindra and Mahindra Ltd.
9. SANY Group
10. Tata Hitachi Construction Machinery Company Limited