Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3140.38 Million | USD 4881.78 Million | 5.02% | 2023 |
FrequentlyAsked Questions
Grader blades are parts of heavy machines. They are widely used in motor graders which are used for surface grading and leveling.
The global grader blades market is expected to grow due to the rising rate of urbanization across the globe, especially in emerging economies.
According to study, the global grader blades market size was worth around USD 3140.38 million in 2023 and is predicted to grow to around USD 4881.78 million by 2032.
The CAGR value of the grader blades market is expected to be around 5.02% during 2024-2032.
The global grader blades market will be led by Asia-Pacific during the forecast period.
The global grader blades market is led by players like Hitachi Construction Machinery, CASE Construction Equipment, Volvo Construction Equipment, Winter Equipment Company, CNH Industrial, Caterpillar Inc., Atlas Copco, Liebherr Group, Douglas Manufacturing, John Deere, Carbidex, Komatsu Ltd., Valley Blades Ltd., Trimble Inc., and Black Cat Blades Ltd.
The report explores crucial aspects of the grader blades market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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