The Asia Pacific Motor Grader Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
One of a motor grader's most valuable additions is a straight front blade. A straight blade may be used for a variety of tasks, including leveling, dozing, and removing snow. Straight front blades are available in various sizes to suit the organization's needs. For tasks requiring the removal of extensive, loose materials, such as boulders or rubbish, a hydraulic broom mounted to the front motor grader works effectively.
Manufacturers of motor graders pay close attention to the machine's design and are constantly seeking methods to increase its output. The driveline, electronics, and hydraulics-based technological changes are the main emphasis to enable more precise operations. Automating the hydraulic system to provide operators with better control for accurate grading is another area on which motor grader manufacturers have concentrated.
Several safety features, including ROPS (Roll over protection), FOPS (Fall over protection system), sophisticated hydraulics, control-type choices, etc., are now available on motor grader models. Current motor grader controls are designed to provide the best accuracy and comfort for a safer and more efficient worksite.
China has one of the most significant rates of urbanization globally. Since the 1990s, China will build 10 cities by 2025. China's architectural design and engineering industries generated over $1 trillion in sales in 2019. The Ministry of Housing and Urban-Rural Development (MOHURD) published a notice for the Execution of Urban Renewal Activities in 2020 as part of China's 14th Five-Year Plan. This urban regeneration program aims to create greener and more efficient cities as the government works to enhance the quality of urban living circumstances in China, considering that the country's urbanization rate reached 60.6% in 2019. The increasing government funding in the infrastructure sector and the wider usage of the motor grader are expected to boost the market growth in the region.
The China market dominated the Asia Pacific Motor Grader Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $980.6 Million by 2028. The Japan market is estimated to grow a CAGR of 5.1% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.4% during (2022 - 2028).
Based on Capacity, the market is segmented into Medium, Small and High. Based on Product Type, the market is segmented into Articulated Frame and Rigid Frame. Based on Application, the market is segmented into Construction, Infrastructure, Oil & Gas, Mining and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Motor Grader Market is Projected to reach USD 9.3 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Deere & Company, Volvo Group, Caterpillar, Inc., CNH Industrial N.V., Komatsu Ltd., SANY Group, VT LeeBoy, Inc. (ST Engineering), Calder Brothers Corporation, Guangxi Liugong Machinery Co., Ltd. (LiuGong Group), and Veekmas Oy.
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