Latin America Motor Grader Market Size & Outlook
Latin America motor grader market, 2018-2030 (US$M)
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Latin America motor grader market highlights
- The Latin America motor grader market generated a revenue of USD 88.3 million in 2022.
- The market is expected to grow at a CAGR of 4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 88.3 million |
| Market revenue in 2030 | USD 121.1 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | 11to45 |
| Fastest growing segment | 11to45 |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 10.6% of the global motor grader market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 592.6 million by 2030.
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Motor Grader Market Scope
Motor Grader Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 84.14% in 2022. Horizon Databook has segmented the Latin America motor grader market based on <10, 11to45, 46> covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America motor grader market databook
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Our clientele includes a mix of motor grader market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America motor grader market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America motor grader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America motor grader market outlook size, by country, 2018-2030 (US$M)
Latin America Motor Grader Market Outlook Share, 2022 & 2030 (US$M)
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