Motor Grader Market Analysis
The motor grader market generated revenue of USD 33.7 billion in 2023, which is expected to witness a CAGR of 5.0% during 2024–2030, to reach USD 47.2 billion by 2030. The growth of the construction and mining sectors in many regions across the world is one of the main reasons for this.
A motor grader is a piece of construction equipment that is used to level surfaces or soil during the grading process. Its long blade helps the formation of an even surface. It is often used in the construction industry for both the building and maintenance of gravel and dirt roads.
Because it is equipped with a range of tools, it is employed in the mining and construction sectors for a number of functions, including preparing the ground for building foundations. They are increasingly being used in mining to provide a smooth surface for other mining vehicles to travel on. Furthermore, grading, material application, and road compaction are all done with these machines. On surfaces coated with snow, they are capable of cutting or scraping. They can provide smooth roads and eliminate pebbles.
Motor graders with engine capacities ranging from 60 to 373 KW and blade lengths between 2.5 and 7.3 meters are available.