Market Forecast By Types (Rigid Frame, Articulated Frame), By Capacity (Small Motor Grader (80-150 HP), Medium Motor Grader (150-300 HP), Large Motor Grader (Above 300 HP)), By Applications (Construction, Mining, Forestry & Agriculture, Other (Infrastructure, oil and gas, etc.)) and competitive landscape
Product Code: ETC002082 | Publication Date: Apr 2020 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | China Motor Grader Market |
Forecast period | 2024-2030 |
CAGR | 7.5% |
Growing Sector | Construction |
The China Motor Grader Market Report thoroughly covers the market by Types, Capacity and Applications. The China Motor Grader Market Outlook report provides an unbiased and detailed analysis of the ongoing China Motor Grader Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
China Motor Grader Market is set to grow at an unprecedented rate on account of the extensive urbanization and infrastructure development in major cities. In addition, increasing attention towards sustainable and environmentally friendly construction practices is fostering the market growth. Key players in the market are adopting next-generation technologies to improve efficiency and productivity of motor graders. Moreover, improvements in motor grader technology is also fuelling the growth of this market. Overall, the China Motor Grader Market offers significant growth and development opportunities.
According to 6Wresearch, the China Motor Grader Market is anticipated to grow at a CAGR of 7.5% during 2024-2030. One of the key drivers of the China Motor Grader Market is the urbanization and infrastructure development across major cities which are contributing to the demand for high performance construction machinery used in road, highway applications and urban developments. In addition, the massive investments and government initiatives in large-scale construction projects are majorly propelling the market growth. Furthermore, evolution of motor graders such as automation and fuel efficiency is attracting cost-conscious buyers who seek more productive solutions. Moreover, growing emphasis on sustainable and environment-friendly construction approaches continues to push integration of motor graders with lower emissions & enhanced energy efficiency.
However, the China Motor Grader Market faces many challenges that hinder its growth. The main issue is the fierce rivalry among local producers that has set off a price war, leading to no profits. In addition, the market is further constrained by strict government regulations that mandate emission reductions and environmental sustainability, in turn pushing for expensive upgrades to machinery. Furthermore, the variation in raw material prices remains a significant obstacle as it hampers manufacturers from being able to stick with uniform pricing. Moreover, the changing technology environment requires constant advancements and development of new functionalities that exert more burden on already stressed budgets.
Key players of China Motor Grader Market are Caterpillar, XCMG, Komatsu, John Deere, and LiuGong. These companies have a major presence in the Chinese market and offer a wide range of motor grader models with varying features and specifications to cater to the diverse needs of customers.
The Chinese government has significantly influenced the growth of the Motor Grader Market through strategic initiatives. One such initiative is the Belt and Road Initiative (BRI), which promotes large-scale infrastructure projects across Asia and beyond, increasing the demand for construction equipment like motor graders. In addition, the "Made in China 2025" plan emphasizes the modernizing of manufacturing enterprises, including high-end construction machinery, nurturing both advancement and quality improvements in domestic motor grader manufacturing. Furthermore, the government's push for urbanization and rural development, through strategies focused on constructing and renovating streets in underdeveloped zones, further fuels the market. Moreover, the execution of stringent ecological regulations encourages the adoption of energy-efficient and eco-friendly construction machinery, paving the way for developments in the motor grader market.
The China Motor Grader Market is projected to expand substantially in the coming years. This growth is driven by the expansive urbanization and infrastructure development in key cities. In addition, growing focus on sustainable and environment-friendly construction practices is providing an impetus to the market. Major market participants are adopting advanced technologies, to enhance the productivity along with efficiency of motor graders. Moreover, advancements in motor grader technology are also escalating the market. Overall, the future of the China Motor Grader Market looks promising, with many opportunities for growth and development.
According to Ravi Bhandari, Research Head, 6Wresearch, the rigid frame motor grader segment is the dominant segment in the industry and will continue to grow in the coming years. This growth is due to its advantages such as increased stability, better traction and manoeuvrability over uneven surfaces.
Based on Capacity, the medium motor grader segment is the leading segment in the industry and will continue to grow in the coming years. This can be attributed to the rise in road construction and maintenance projects, where medium-sized motor graders provide a mix of power and mobility.
In terms of Applications, the construction segment is the leading segment in the industry and will continue to grow in the coming years. This expansion is due to the rise in infrastructure projects, urbanization and governmental focus on construction & development of roads.
The China Motor Grader Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. China Motor Grader Market Overview |
3.1. China Motor Grader Market Revenues & Volume, 2020-2030F |
3.2. China Motor Grader Market – Industry Life Cycle |
3.3. China Motor Grader Market – Porter’s Five Forces |
3.4. China Motor Grader Market Revenue & Volume Share, By Types, 2020 & 2030F |
3.5. China Motor Grader Market Revenue & Volume Share, By Capacity, 2020 & 2030F |
3.6. China Motor Grader Market Revenue & Volume Share, By Application, 2020 & 2030F |
4. China Motor Grader Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. China Motor Grader Market Trends |
6. China Motor Grader Market Overview, By Types |
6.1. China Rigid Frame Motor Grader Market Revenues & Volume, 2020-2030F |
6.2. China Articulated Frame Motor Grader Market Revenues & Volume, 2020-2030F |
7. China Motor Grader Market Overview, By Capacity |
7.1. China Small Motor Grader Market (80-150 HP) Revenues & Volume, 2020-2030F |
7.2. China Medium Motor Grader Market (150-300 HP) Revenues & Volume, 2020-2030F |
7.3. China Large Motor Grader Market (Above 300 HP) Revenues & Volume, 2020-2030F |
8. China Motor Grader Market Overview, By Applications |
8.1. China Motor Grader Market Revenues, By Construction Application, 2020-2030F |
8.2. China Motor Grader Market Revenues, By Mining Application, 2020-2030F |
8.3. China Motor Grader Market Revenues, By Forestry & Agriculture Application, 2020-2030F |
8.4. China Motor Grader Market Revenues, By Other Applications, 2020-2030F |
9. China Motor Grader Market Key Performance Indicators |
10. China Motor Grader Market Opportunity Assessment |
10.1. China Motor Grader Market Opportunity Assessment, By Type, 2030F |
10.2. China Motor Grader Market Opportunity Assessment, By Capacity, 2030F |
10.3. China Motor Grader Market Opportunity Assessment, By Applications, 2030F |
11. China Motor Grader Market Competitive Landscape |
11.1. China Motor Grader Market Revenue Share, By Company, 2023 |
11.2. China Motor Grader Market Competitive Benchmarking, By Technical Parameters |
12. Company Profiles |
12.1. Business Description |
12.2. Geographical Presence |
12.3. Ownership (Top 5 Shareholders) |
12.4. Key Financials (If Available) |
12.5. Historical Timeline (If Available) |
12.6. Key Clients |
12.7. Product Segmentation |
12.8. Key Distributors / Dealers |
12.9. Key Executives |
12.10. Number of Employees |
13. Recommendations |
14. Disclaimer |