India Motor Grader Market Size & Outlook, 2022-2030
India motor grader market, 2018-2030 (US$M)
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India motor grader market highlights
- The India motor grader market generated a revenue of USD 54.5 million in 2022 and is expected to reach USD 82.1 million by 2030.
- The India market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, 11to45 was the largest revenue generating vehicle weight in 2022.
- 11to45 is the most lucrative vehicle weight segment registering the fastest growth during the forecast period.
Motor grader market data book summary
| Market revenue in 2022 | USD 54.5 million |
| Market revenue in 2030 | USD 82.1 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | 11to45 |
| Fastest growing segment | 11to45 |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | <10, 11to45, 46> |
| Key market players worldwide | Caterpillar Inc, Doosan Heavy Industries & Construction, Komatsu Ltd, Sumitomo Corp, Volvo AB ADR, CNH Industrial NV, Hitachi Construction Machinery Co Ltd, Hyundai Motor Co, Deere & Co, Kobe Steel Ltd, Mitsubishi Corp |
Other key industry trends
- In terms of revenue, India accounted for 6.5% of the global motor grader market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China motor grader market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 353.8 million by 2030.
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Motor Grader Market Scope
Motor Grader Market Companies
| Name | Profile | # Employees | HQ | Website |
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India motor grader market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to motor grader market will help companies and investors design strategic landscapes.
11to45 was the largest segment with a revenue share of 89.91% in 2022. Horizon Databook has segmented the India motor grader market based on <10, 11to45, 46> covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of motor grader market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India motor grader market , including forecasts for subscribers. This country databook contains high-level insights into India motor grader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India motor grader market outlook size, by vehicle weight, 2018-2030 (US$M)
India Motor Grader Market Outlook Share, 2022 & 2030 (US$M)
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