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Grader Blades Market - By Blade (Flat Edges, Serrated Edges, Scarifier Edges, Corrugated Edges, Curved Edges), By Material (Steel, Carbide, Heat Treated), By Blade Length, By Application (Construction, Mining, Snow Removal) & Forecast, 2023-2032

  • Report ID: GMI5672
  • Published Date: May 2023
  • Report Format: PDF

Grader Blades Market Size

Grader Blades Market size was worth more than USD 4 billion in 2022 and is set to grow at over 5% CAGR from 2023-2032.
 

Grader Blades Market

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Increasing agricultural output across APAC countries such as India and China will positively influence the grader blades market outlook. As per data from the DGCI&S, agricultural exports in India reached a historic high of more than USD 50 billion, growing 19.92% from 2021 to 2022. While China remains the largest rice producer in the world, India takes the second-largest position.
 

COVID-19 Impact

The COVID-19 pandemic had a negative impact on the grader blades market. The pandemic-induced lockdown regulations forced several manufacturers to shut down operations, causing significant supply chain disruptions. The new restrictions halted construction activities worldwide, resulting in a drop in demand for grader blades across construction operations. Similar impact on the mining and other industrial sectors declined the product adoption during the pandemic.
 

Grader Blades Market Trends

Global Construction Market, 2020 – 2032 (USD Trillion)

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Grader blades are used by land operators to flatten down, reduce height and smoothen a surface with applications in farming, landscaping, agriculture, and construction. The increasing number of building activities and infrastructure development initiatives worldwide are accelerating the demand for grader blades. These tools are utilized in real estate management to large-scale commercial buildings. As per data from the U.S. Department of Housing & Urban Development and the U.S. Census Bureau, single-family housing starts in March 2023 increased by 2.7% from 838,000 in February to 861,000.
 

Grader Blades Market Analysis

Global Grader Blades Market Revenue Share, By Material, (2022)

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Based on material, the industry is segmented into steel, heat-treated, carbide, and others. Steel grader blades market size was more than USD 1.6 billion in 2022. A wide variety of steel is the reason for it being a commonly used material in grader blades. For instance, high-carbon steel is preferred in the production of grader blades due to benefits such as enhanced safety, durability, and cost-effectiveness. High-carbon grader blades are relatively more durable than those made from other types of steel and last longer. They also have a more effective cutting edge as compared to other materials enabling more consistent, smoother, and sharper grading.
 

Based on blades, grader blades market is segmented into flat edges, scarifier edges, curved edges, serrated edges, and corrugated edges. The flat edge segment will expand at a 5% CAGR between 2023 and 2032. Grader blades with flat edges are suitable for applications such as heavy road maintenance. They offer exceptional strength with wear material that can withstand exposure to impact and abrasion. The adoption of flat-edge grader blades will increase over the forthcoming years due to the growing number of construction activities and transportation infrastructure development projects.
 

North America Grader Blades Market Size, 2022 & 2032 (USD Billion)

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North America grader blades market was worth USD 1 Billion in 2022. The U.S. and Canada will foster significant demand for grader blades, due to extensive use in snow removal applications. Hydraulic grader blades are used in residential areas as well as commercial structures to plow snow during extreme winter weather. In the recent past, the region has witnessed extreme winters and heavy snowfalls. For instance, in March 2023, the west of the U.S., spanning from Oregon to the mountains of California and Phoenix’s golf courses, experienced unprecedented levels of snowfall of more than 40ft of snow.
 

Grader Blades Market Share

Some of the leading companies include:

  • ESCO Group LLC
  • MCE
  • NMC CAT
  • Fortus
  • Beri Udyog
  • John Deere,
  • Kennametal Inc
  • Caterpillar Inc
  • CASE Construction Equipment,
  • Komatsu Ltd.
     

Grader Blades Industry in News:

  • June 2021: CASE unveiled CASE Precision Grader Blade, the brand-new high-performance attachment suitable for large-frame compact track loaders to expand its product portfolio.
     
  • October 2022: John Deere revealed a full suite of GP-Series motor grader automation technology at Bauma 2022. The versatile, fully programmable, and intuitive features can effectively enhance productivity with new and seasoned operators.
     

The Grader Blades market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Units and revenue in USD Million from 2018 to 2032 for the following segments:

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By Blades Type

  • Flat Edges
  • Serrated Edges
  • Scarifier Edges
  • Corrugated Edges
  • Curved Edges

By Material

  • Steel
  • Carbide
  • Heat Treated
  • Others (Hardox, High Carbon Steel, Etc.)

By Blade Length

  • Up to 3ft
  • 3ft to 5ft
  • 5ft to 8 ft'
  • Above 8 ft

By Application

  • Construction
  • Mining
  • Snow Removal
  • Others (Agriculture, Road Maintenance, etc.)

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • South Korea
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia
       
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for grader blades was worth more than USD 4 billion in 2022 and is set to grow at over 5% CAGR from 2023-2032.
Flat edge grader blades market will expand at 5% CAGR between 2023 and 2032 driven by the growing number of road & railway infrastructure projects.
North America market for grader blades was worth USD 1 Billion in 2022 due to the rising demand for motor grader blades for snow removal.
ESCO Group LLC, MCE, NMC CAT, Fortus, Beri Udyog, John Deere, Kennametal Inc., Caterpillar Inc., and Komatsu Ltd are some of the major companies in the grader blades business.

Grader Blades Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 310
  • Countries covered: 20
  • Pages: 230
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