The global motor graders market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Motor Grader Market Size, Share and Industry Analysis By Type [Rigid Frame & Articulated Frame], By Capacity [Small Motor Graders (80 – 150 HP), Medium Motor Graders (150 – 300 HP) & Large Motor Graders (Above 300 HP)], By Application [Construction, Mining, Forestry & Agriculture and Others] and Regional Forecast, 2019-2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other motor graders market trends. The report is available for sale on the company website.
The report classifies the market on the bases of four segments, namely, by capacity, by type, by application, and by region. By capacity, the market is further divided into small motor graders (80-150 HP), medium motor graders (150-300 HP), and large motor graders (above 300 HP). In terms of type, the market is grouped into articulated frame motor grader and rigid frame motor grader. By application, the market is segmented into construction, forestry and agriculture, mining, and others.
List of the major key market players operating in the global motor graders market are:
- Caterpillar Inc.
- Veekmas Oy
- Deere & Company
- AB Volvo
- Komatsu Ltd
- Calder Brothers Corporation
- SANY Group
- Liugong Machinery Co.
- CNH Industrial N.V.
“Increasing Developments in Infrastructure to Favor Growth of Market in the Asia Pacific”
The global motor graders market is geographically segmented into Asia Pacific, Latin America, the Middle East and Africa, Europe, and North America. Fortune Business Insights predicts that Asia Pacific is expected to lead the global motor graders market during the forecast period. The region had reached USD 1011.2 Mn in the year 2018. A rise in capital investments by governments and increasing developments in infrastructure are anticipated to boost the motor graders market sales in this region.
Moreover, China has been investing huge amounts in renewable energy, public infrastructure, and residential construction projects. This is further expected to propel the motor graders market in Asia Pacific. Europe, on the other hand, is projected to witness rapid growth and rise steadily at 5.4% CAGR. This will take place due to the improvements in employment levels, rise in the adoption of productive, environment-friendly and effective technologies, and new infrastructural projects.
Germany, which is considered to be the residence of Europe’s best-performing machine and equipment sector, has been facing an ever grossing demand for construction projects. Thus, the region will have an opportunity to generate high motor graders market revenue.
View press release for more information @ https://www.marketwatch.com/press-release/how-will-motor-graders-market-deal-with-the-covid-19-crisis-2020-04-22
Regional Analysis for Motor Graders Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Motor Graders Market:
- Executive Summary
- Market Dynamics
- Key Motor Graders Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Motor Graders Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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