Press release
The Global 200 HP Graders Market Is Estimated To Bring In US$ 4,841.7 Million Revenue By The End Of 2032
Latest industry analysis by Fact MR, predicts sales of 200 HP Graders to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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Global sales of graders are currently valued at US$ 4.27 billion, and the market is forecast to close in on a valuation of US$ 5.6 billion by 2032, expanding a CAGR of 2.7%.
The graders market is likely to grow steadily as they are versatile machines used for the grading and levelling of land surfaces. Graders find application in several sectors such as mining, landscaping, construction, etc.
Revenue from the sales of graders accounted for 3.1% share of the global construction equipment industry in 2021. The global graders market is likely to create absolute opportunity worth US$ 1.33 billion during 2022-2032.
Graders are construction machines used to create flat surfaces and set pads for soil foundation before the construction of buildings. High number of infrastructure projects comprising construction of rail, roads, shopping centers, and commercial & residential complexes underway across countries is leading to enhanced demand for graders.
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Why is Demand for Graders Increasing Steadily?
"Increasing Road Infrastructural Development to Fuel Demand for Graders"
Transportation infrastructure plays an integral part in economic development as it controls exports and imports, thereby changing the appearance of developed and developing countries. Big infrastructural projects for the construction of railways, roads, ports, and bridges are in progress in developing countries to strengthen the backbone of transportation.
Graders are used extensively in road construction activities to make flat surfaces in the grading process before asphalt application. Furthermore, the availability of different sizes of grader blades allows the progression of construction work smoothly on even smaller roads.
These factors are likely to enhance grader demand by ~1/4 of current levels by the end of 2032.
"Versatility & Advancement in Grader Machines Driving Market Growth"
Several countries are focusing on developing new infrastructure or upgrading existing infrastructure. Graders are extremely beneficial to repair ditches formed between roads without blocking traffic.
Small optimized graders have smaller turning radiuses, enabling easy maneuvering in confined spaces, coupled with enabling easy logistics. In addition to this, advanced graders work with enhanced speed and efficiency, and are useful for road maintenance in crowded places.
This versatility and advancement in grader machines is likely to drive graders market growth by 1.2X over the assessment period.
Competitive Landscape: Top Companies in Graders Market
The global graders market is highly competitive and fragmented in nature as several local and international players operate in this space. Acquisitions, partnerships, collaborations, and new product development are being adopted as a strategic approach by companies to expand their market presence.
In 2019, Komatsu Ltd. introduced the GD655-7 motor grader, which has low-effort based control levers, a steering wheel, a steering lever, and a comfortable cabin.
In 2021, Deere and Company launched enhanced GP-Series motor graders. These come with technology innovations such as auto-shift PLUS, auto-pass, SmartGrade remote support, etc.
Fact.MR has provided detailed information about the price points of key manufacturers in the graders market positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/392
Graders Industry Survey by Category
Graders Market by Base Power :
Up to 200 HP Graders
Above 200 HP Graders
Graders Market by Blade Pull :
Up to 15,000 lbs. Graders
Above 15,000 lbs. Graders
Graders Market by Application :
Construction
Mining
Snow Removal
Land Grading and Levelling
Others
Graders Market by Region :
North America Graders Market
Latin America Graders Market
Europe Graders Market
East Asia Graders Market
South Asia & Oceania Graders Market
MEA Graders Market
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Report Benefits & Key Questions Answered
200 HP Graders Company & brand share analysis: The report offers in-depth 200 HP Graders brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
200 HP Graders Historical volume analysis: The report offers a comparative analysis between historic sales of 200 HP Graders and projected sales performance for 2021-2031
200 HP Graders Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
200 HP Graders Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
Post COVID consumer spending on 200 HP Graders: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power
More Valuable Insights on 200 HP Graders Market
Fact.MR, in its new report, offers an unbiased Market Analysis of 200 HP Graders, Sales and Demand of 200 HP Graders, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
Explore Fact.MR's Comprehensive Coverage on Automotive Domain:
Ground Support Equipment Tires Market - https://www.factmr.com/report/ground-support-equipment-tires-market
The aircraft transportation system is experiencing significant growth globally, reduction in airfare and increment in per capita income is the main reason behind it. Growth in aircraft transportation demands the better services thus the usage of ground support equipment is increased which drives the ground support equipment tires business faster.
Automotive Steering Rack Market - https://www.factmr.com/report/automotive-steering-rack-market
According to the latest research by Fact. MR, the automotive steering rack market is set to witness steady growth during 2021-2031. In the short term, demand for steering racks will rebound steadily, with a positive long-term outlook.
Automotive Steering Shaft Market - https://www.factmr.com/report/automotive-steering-shaft-market
According to latest research by Fact. MR, automotive steering shaft market is set to witness steady growth during 2021-2031. In the short term, demand for steering shaft will rebound steadily, with a positive long-term outlook.
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