Motor Grader Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Get a Comprehensive Overview of the Motor Grader Market Report Prepared by P&S Intelligence, Segmented by Type (Rigid-Frame, Articulated), Capacity (Below 150 hp,150–300 hp), Above 300hp), Application (Construction, Mining, Oil and Gas, Forestry and Agriculture), and Geographic Regions. This Report Provides Insights From 2017 to 2030.
Motor Grader Market Data
Market Statistics
Study Period | 2017 - 2030 |
2023 Market Size | USD 33.7 Billion |
2024 Market Size | USD 35.2 Billion |
2030 Forecast | USD 47.2 Billion |
Growth Rate (CAGR) | 5.0% |
Largest Region | Asia-Pacific |
Fastest Growing Region | Europe |
Nature of the Market | Consolidated |
Largest Application Category | Construction |
Market Size Comparison
Key Players
Key Report Highlights
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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.
Motor Grader Market Trends & Drivers
Infrastructure Development and Technological Advancements
- The global demand for motor graders is driven by the need for enhanced transportation networks and rapid urbanization. The market is expanding as a result of the significant investments made by both public and private sectors in infrastructure projects.
- The recent innovations in engine and braking systems and evolution inblade designs have allowed manufacturers to further improve motor graders and provide users more control over their operation. Modern machines come with advanced functions, including GPS, telematics systems, and automated controls, which improve productivity, accuracy, and efficiency.
- Investment in building and infrastructure projects has increased during the past few years worldwide, particularly in developing countries, such as China and India. These areas are seeing an increase in the demand for motor graders due to urbanization, population growth, and government measures to improve connectivity.
Motor Graders’ Operational Advantages Are Significantly Driving Market
- Graders are among the most-essential pieces of equipment at construction and mining sites because of their operational benefits. This equipment can be used for a variety of operations, including leveling, scarifying, settling soil, moving earth, and mixing materials. Motor graders are equipped with dozers and rippers, among other accessories.
- In difficult situations, rippers are used to cut hard, packed, or frozen dirt, in order to loosen it, thus increasing productivity.
Dozers help in the distribution of applications.
- Modern technology allows motor graders to effortlessly and successfully accomplish the grade, lowering the need for rework and increasing productivity.
Lack of Skilled Workers and High Maintenance Costs Act as Challenges
- One major obstacle to the motor grader market’s expansion is the shortage of skilled laborers for operating such machinery. Motor graders are complicated pieces of machinery that should only be operated by knowledgeable and experienced operators, to improve the overall performance and productivity, as well as to prevent accidents. Having a lack of skilled operators may impede the expansion of the market.
- The heavy expenses on their maintenance and repairs could put further strain on the building budget.
- However, the general public and construction industry prefer rented equipment, due to its high cost-efficiency. In response, manufacturing companies are working hard to develop new technologies that will enhance their selling rate.
Motor Grader Industry Outlook
By Type Insights
- On the basis of type, the articulated frame dominated the market in terms of revenue. And it is projected to grow at a higher CAGR, of 5.2%; during 2024–2030. An articulated-frame motor grader provides accuracy in construction and mining tasks, especially while working in smaller spaces.
- The rigid frame category is the most popular and holds the largest share of the market due to its uses in everyday grading tasks.
- These variants are perfect for construction or agricultural work because the blade is hinged to the frame and swings back and forth, in reaction to the machine’s operation. The category will expand as building and other projects continue to increase in number and size.
On the basis of type, the market has the following two categories:
- Rigid Frame (Larger Category)
- Articulated (Faster-Growing Category)
CapacityAnalysis
- On the basis of capacity, the medium category led the market in terms of revenue in 2023, with a share of around 45%.
- This is due to the appreciable power output, low weight, and accurate blade control of these variants. Due to their longer blades, mid-power road graders are able to cover larger areas of land. Moreover, they are used for heavier work since they have larger wheels.
- They are frequently utilized at large construction sites, highways, and roads.
On the basis of capacity, the following motor graders were studied for the report:
- Small (Below 150 hp)
- Medium (150–300 hp) (Largest Category)
- Large (Above 300 HP) (Fastest-Growing Category)
Application Analysis
- The construction category generates the highest revenue due to the expansion of smart cities, roads, and highway development in developing countries.
- The mining category is projected to grow at the highest CAGR, of 5.5%, during 2024–2030, as well as hold the largest market share.
- To use huge mining equipment, rocky, unpaved roads need to be regularly maintained and improved, which is why motor graders are used in mines. This is the most-important piece of equipment for creating, maintaining, and repairing haul roads since a strong road system has a sustainable impact on the production and efficiency of any mine.
- The usage of these machines will continue to rise in order to create a level surface at the beginning or end of the road or site.
The following applications covered in the report are:
- Construction (Largest Category)
- Mining (Fastest-Growing Category)
- Oil and Gas
- Forestry and Agriculture
- Others
Geographical Analysis
- Geographically, Europe is expected to be the fastest growing market, advancing at a CAGR of 5.7% during 2024–2030. This would be due to the rising number of infrastructure projects, increasing employment rates, and growing trend for efficient, environment-friendly, and productive technologies.
- Additionally, Germany is home to the largest equipment sector in the region, as well as engaging in a large number of construction projects.
- Asia-Pacific region dominates the market, with a share of around 50% in 2023. The need for motor graders is being driven by the rising rate of urbanization and the increasing number of infrastructure development projects in developing nations, including China and India.
- In essence, the region’s market is growing due to the rising focus on the construction of smart cities, airports, and effective road networks. The need for motor graders is also fueled by the rising government spending on transportation infrastructure projects.
The regions and countries analyzed for this report include:
- North America
- U.S. (Larger and Faster-Growing Country Market)
- Canada
- Europe (Fastest-Growing Regional Market)
- Germany (Largest Country Market)
- U.K. (Fastest-Growing Country Market)
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific (APAC) (Largest Regional Market)
- China (Largest Country Market)
- Japan
- India (Fastest-Growing Country Market)
- South Korea
- Australia
- Rest of APAC
- Latin America (LATAM)
- Brazil (Largest and Fastest-Growing Country Market)
- Mexico
- Rest of LATAM
- Middle East and Africa (MEA)
- Saudi Arabia (Largest Country Market)
- South Africa
- U.A.E. (Fastest-Growing Country Market)
- Rest of MEA
Competitive Analysis
There are many major players fighting for dominance in the fiercely competitive motor grader industry. To obtain a competitive advantage, these businesses concentrate on technical advancements, product creation, and strategic alliances.
Motor Grader Companies:
- Caterpillar Inc.
- Sany Group Co. Ltd.
- AB Volvo
- Komatsu Ltd.
- John Deere Co.
- Veekmas Oy
- CNH Industrial N.V
- Calder Brothers Corporation
- LeeBoy
- Liugong Machinery Co. Ltd.
- Bell Equipment Ltd.
Motor Grader Companies News
- In January 2024, the new GD955_7 motor grader was launched by Komatsu in North America. The company claims that this equipment gives the operator the control and accuracy required to construct and maintain haul roads for trucks weighing 100 tons and more. It produces 426 horsepower at 1,900 rpm (313 kW at 1900 rpm) and strong blade down force pressure for effective grading performance. It has an operating weight of 47,320 kg and a 5.5-meter moldboard as standard.
- In April 2023, Bell Equipment added motor graders to its lineup of OEM products for mining and construction. Production is scheduled to start as early as Q3 2024.
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