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Grader Blades Market Size

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

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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.

Grader Blades Market Report Attributes
Report Attribute	Details
Base Year:	2022
Grader Blades Market Size in 2022:	USD 4.1 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5%
2032 Value Projection:	USD 6.6 Billion
Historical Data for:	2018 to 2022
No. of Pages:	230
Tables, Charts & Figures:	310
Segments covered:	Blade Type, Material, Blade Length, Application
Growth Drivers:	The growing agriculture industry in Asia Pacific region The developing construction industry in the world

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Authors: Preeti Wadhwani, Aishwarya Ambekar

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.