Graders Market to Register Substantial Expansion2

A grader is the construction machine that includes a long blade and
is used to create a flat surface. Graders are largely used to set soil
foundation pads before starting the construction of large buildings.
Several infrastructure projects including construction of roads, rail,
shopping centers and residential and commercial complex are underway
across various countries, thereby resulting in the growing demand for
graders and other construction vehicles.

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In
the recent years, manufacturers of graders have also started focusing
on providing advanced grade control technologies. Precise control
technology can help the operator to produce better results with minimum
efforts. Integrating digital grade control system is also gaining
popularity. Moreover, grader manufacturers are also focusing on operator
comfort, ease of operation, increased productivity with better outcomes
and minimizing cost. Manufacturers are also developing graders with
increased power, large engine, anti-bounce system, and other technology
solutions.

According to the latest report compiled by Fact.MR,
the global graders market is expected to see sluggish growth,
registering 2.5% CAGR during the forecast period 2017-2026. The global
graders market is also estimated to bring in US$ 4,841.7 million revenue
by the end of 2026. While in terms of volume, 18,711 graders are
estimated to be sold by the end of 2026. Below are some of the
highlights on how the global graders market will perform in the near
future.

5 Forecast Highlights on Global Graders Market

   
Asia Pacific Excluding Japan (APEJ) is expected to account for the
highest revenue share in the global graders market. APEJ is estimated to
reach close to US$ 2,000 million revenue by the end of the forecast
period. Countries such as India and China are home to some of the
prominent players in the global graders market. Also, the rapid rise in
urbanization is driving the growth of the market in the region.
   
North America and Europe are also likely to see growth in the near
future. The rise in construction activities is expected to boost the
production of construction vehicles in these regions. In the U.S.,
Canada, and Northern Europe, graders are also used in residential and
municipal snow removal.
    Graders with above 200 HP are expected to
witness the fastest growth during the forecast period. By the end of
2026, graders with above 200 HP are estimated to bring in more than US$
2,700 million revenue.
    Graders with above 15,000 Ibs are expected
to witness the highest growth in the market throughout the forecast
period. Above 15,000 Ibs graders are estimated to exceed US$ 2,400
million revenue by 2026 end.
    The construction industry is
expected to account for maximum revenue share in the global graders
market. Towards the end of 2026, the construction industry is estimated
to bring in more than US$ 2,500 million revenue.

The report has
also profiled leading players in the global market for graders, which
will remain active through 2026. These include companies such as
Caterpillar Inc., Deere & Co., CNH Industrial N.V., Komatsu Limited,
Mitsubishi Heavy Industries, LiuGong Construction Machinery, LLC,
Galion Iron Works, Sany Group Co. Ltd., Terex Corporation, KH Plant,
XCMG, VT LeeBoy, Inc., Probst GmbH, HERBST SMAG Mining Technologies
GmbH, and Guidetti S.r.l.

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