封面
市场调查报告书
商品编码
1963840

平土机机市场 - 全球产业规模、份额、趋势、机会、预测:按产品类型、产能、应用、地区和竞争格局划分,2021-2031年

Motor Grader Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type, By Capacity, By Application, By Region & Competition, 2021-2031F

出版日期: | 出版商: TechSci Research | 英文 183 Pages | 商品交期: 2-3个工作天内

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简介目录

全球平土机机市场预计将从 2025 年的 45.6 亿美元成长到 2031 年的 62.1 亿美元,复合年增长率为 5.28%。

平土机是一种重型施工机械,配备长刀片,用于在平整作业中打造平整的地面,在道路养护和地基工程中发挥着至关重要的作用。该市场的主要驱动力是政府对基础设施建设的大量投资,特别是高速公路网络的扩建和地方道路连通性的改善,这些都需要精确的地面平整。此外,全球采矿业对高效维护道路的需求日益增长,也推动了该设备的应用,这是除自动化等技术进步之外,另一个重要的成长要素。

市场概览
预测期 2027-2031
市场规模:2025年 45.6亿美元
市场规模:2031年 62.1亿美元
复合年增长率:2026-2031年 5.28%
成长最快的细分市场 刚架
最大的市场 北美洲

儘管前景光明,但市场仍面临许多障碍,例如高昂的初始投资成本和持续营运成本,这可能会阻碍发展中地区中小型承包商的购买意愿。印度施工机械製造商协会 (ICEMA) 的报告强调了近期需求的激增,报告显示,主要由平地平土机组成的道路施工机械行业在 2024 财年的销量达到 6,571 台,比上一年大幅增长 40%。

市场驱动因素

政府对道路和交通网络投入的增加是推动平地平土机产业发展的主要动力,因为这些机械对于打造扩建高速公路所需的平整坚实的路基至关重要。随着公共资金不断增加,用于维修老旧物流路线和建设新的区域连接道路,对用于大规模土方工程的精密平地工具的需求仍然强劲。例如,2024年10月,美国运输部在一份题为「美国运输部将在国家基础设施计划上投资超过42亿美元」的声明中宣布,已拨款超过42亿美元用于44个关键基础设施项目,其中包括主要公路和桥樑的维修。如此大规模的财政支持确保了道路计划的稳定需求,承包商正在积极更新车队,配备高效的平地设备,以满足紧迫的工期和品质标准。

同时,采矿和采石业的成长为市场带来了显着的推动作用,其中平土机在维护运输道路、确保重型矿用卡车的安全性和使用寿命方面发挥着至关重要的作用。随着采矿作业的扩张以满足全球矿产需求,为了最大限度地提高效率,对能够清除碎屑和整平不平整地面的坚固耐用的平土机的需求依然旺盛。根据卡特彼勒公司于2024年2月发布的“2023年第四季及全年业绩报告”,包括采矿在内的资源产业全年销售额达到135.83亿美元。这一行业的强劲势头也体现在更广泛的重型设备市场中。小松株式会社于2024年4月发布的「截至2024年3月的财年合併业绩报告」显示,其建筑、采矿和公用设备部门的销售额增长了9.7%,达到3.6152亿美元。

市场挑战

高昂的初始投资和营运成本是平土机机市场成长的主要障碍。这些机器属于资本密集投资,新机型价格上涨,加上燃油和维护成本飙升,显着增加了总拥有成本。对于利润率较低的中小型承包商而言,这些财务压力往往使他们无法购买新设备。因此,许多建设公司为了避免高昂的购置成本,推迟车辆升级或依赖租赁,这直接限制了新设备的销售,并减缓了整体市场扩张。

这些财务限制的影响也反映在近期行业数据中,数据显示需求放缓。根据施工机械製造商协会(CEMA)统计,2024年8月施工机械总出货量较去年同期下降19.7%。这一急剧下滑凸显了当前建筑公司普遍因成本负担而减少对重型机械投资的现状,阻碍了平土机等专用机械在全球主要市场的广泛应用。

市场趋势

精密平地和三维机器控制系统的引入正在改变平土机机产业,使作业方式从依赖熟练劳动力转向技术精准化。建筑公司越来越多地采用无品质的全球导航卫星系统 (GNSS) 技术和自动化刀片控制,以减少复杂基础设施专案中的返工和材料浪费。这项技术进步使不同经验水平的操作人员能够更有效率地满足精确的坡度要求,有助于缓解行业长期存在的劳动力短缺问题。近期製造商的数据也印证了这些数位化工具的广泛应用。小松株式会社在 2025 年 2 月发布的「从愿景到价值」报告中指出,其智慧施工三维机器引导系统在 2024 年的使用率同比增长了 37.21%,这证实了土木工程工作正在快速转型数位化化。

同时,采用物联网赋能的远端资讯处理技术进行预测性维护正逐渐成为提高车队运转率和降低整体拥有成本的标准方法。现代平地平土机配备了高性能感测器,可持续传输性能指标,使车队管理人员能够在机械问题演变成严重故障之前识别出来。这种从「被动维修」到「数据驱动的预防措施」的转变,显着提高了偏远矿山和建筑工地的资产耐久性和运作准备状态。这种互联互通的扩展正在各大原始设备製造商 (OEM) 中迅速推进。根据卡特彼勒公司于 2025 年 3 月发布的 2024 财年年度报告,该公司目前正在利用超过 150 万个互联资产的数据,以提高其全球客户的车队管理效率和设备可靠性。

目录

第一章概述

第二章:调查方法

第三章执行摘要

第四章:客户心声

第五章:全球平土机机市场展望

  • 市场规模及预测
    • 按金额
  • 市占率及预测
    • 产品类型(刚性框架、铰接式框架)
    • 依容量平土机(小型平地机、中型平土机、大型平地平土机)
    • 按应用领域(基础设施、建筑、采矿、石油和天然气、其他)
    • 按地区
    • 按公司(2025 年)
  • 市场地图

第六章:北美平地平土机市场展望

  • 市场规模及预测
  • 市占率及预测
  • 北美洲:国别分析
    • 我们
    • 加拿大
    • 墨西哥

第七章:欧洲平地平土机市场展望

  • 市场规模及预测
  • 市占率及预测
  • 欧洲:国别分析
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙

第八章:亚太地区平土机机市场展望

  • 市场规模及预测
  • 市占率及预测
  • 亚太地区:国别分析
    • 中国
    • 印度
    • 日本
    • 韩国
    • 澳洲

第九章:中东和非洲平土机机市场展望

  • 市场规模及预测
  • 市占率及预测
  • 中东与非洲:国别分析
    • 沙乌地阿拉伯
    • 阿拉伯聯合大公国
    • 南非

第十章:南美洲平地平土机市场展望

  • 市场规模及预测
  • 市占率及预测
  • 南美洲:国别分析
    • 巴西
    • 哥伦比亚
    • 阿根廷

第十一章 市场动态

  • 促进因素
  • 任务

第十二章 市场趋势与发展

  • 併购
  • 产品发布
  • 近期趋势

第十三章:全球平土机机市场:SWOT分析

第十四章:波特五力分析

  • 产业竞争
  • 新进入者的潜力
  • 供应商的议价能力
  • 顾客权力
  • 替代品的威胁

第十五章 竞争格局

  • CNH Industrial NV
  • Caterpillar Inc.
  • Deere & Company
  • Komatsu Ltd.
  • SANY HEAVY INDUSTRY CO., Ltd.
  • Mitsubishi Heavy Industries, Ltd.
  • Liugong Machinery Co., Ltd.
  • Terex Corporation
  • AB Volvo
  • Mahindra & Mahindra Limited

第十六章 策略建议

第十七章:关于研究公司及免责声明

简介目录
Product Code: 27547

The Global Motor Grader Market is projected to expand from USD 4.56 Billion in 2025 to USD 6.21 Billion by 2031, reflecting a compound annual growth rate of 5.28%. Motor graders are heavy construction machines equipped with long blades designed to create flat surfaces during grading, a process critical for road maintenance and foundation preparation. The market is chiefly sustained by significant government funding for infrastructure development, particularly the extension of highway systems and rural road connectivity, which requires precise ground leveling. Furthermore, the rising need for effective haul road maintenance within the global mining industry drives the acquisition of this equipment, serving as a key growth factor distinct from technological advancements such as automation.

Market Overview
Forecast Period2027-2031
Market Size 2025USD 4.56 Billion
Market Size 2031USD 6.21 Billion
CAGR 2026-20315.28%
Fastest Growing SegmentRigid Frame
Largest MarketNorth America

Despite this positive outlook, the market faces considerable obstacles due to high upfront capital requirements and ongoing operational expenses, which can hinder purchasing among smaller contractors in developing regions. Highlighting the recent uptake in demand, the Indian Construction Equipment Manufacturers Association (ICEMA) reported that the road construction equipment sector, which largely comprises motor graders, achieved sales of 6,571 units in the 2024 fiscal year, representing a significant 40 percent rise from the prior year.

Market Driver

Increasing government spending on road and transportation networks serves as a major driver for the motor grader sector, as this machinery is essential for establishing the flat, sturdy base layers needed for highway growth. Public funds are increasingly allocated to upgrading aging logistics routes and creating new rural connections, sustaining the demand for precision grading tools for large earthmoving tasks. For example, the U.S. Department of Transportation announced in October 2024 via its 'U.S. DOT Announces More Than $4.2B for National Infrastructure Projects' release that over $4.2 billion was awarded for 44 key infrastructure initiatives, including major highway and bridge upgrades. Such significant financial support guarantees a consistent volume of road projects, encouraging contractors to modernize their fleets with effective grading equipment to satisfy strict schedules and quality benchmarks.

Concurrently, growth in the mining and quarrying industries provides a substantial boost to the market, with motor graders playing a pivotal role in maintaining haul roads to preserve the safety and lifespan of heavy mining trucks. As extraction operations ramp up to satisfy global mineral needs, the requirement for robust graders to remove debris and smooth uneven ground remains high to maximize efficiency. Caterpillar Inc.'s 'Fourth-Quarter and Full-Year 2023 Results' from February 2024 noted that full-year sales for its Resource Industries segment, which covers mining, reached $13.583 billion. This sector strength is reflected in the wider heavy machinery market; Komatsu Ltd. reported in its 'Consolidated Business Results for the Fiscal Year Ended March 31, 2024' release in April 2024 that sales in its Construction, Mining and Utility Equipment division rose by 9.7 percent to JPY 3,615.2 billion.

Market Challenge

The substantial initial capital outlay and significant operating costs linked to motor graders present a major hurdle to market growth. These machines represent capital-intensive investments, and the increasing costs of new units, along with climbing fuel and maintenance charges, drastically raise the total cost of ownership. For small to medium-sized contracting firms with narrow profit margins, these financial pressures frequently make purchasing new equipment impossible. As a result, many construction companies are forced to postpone fleet updates or depend on rental options instead of committing to costly acquisitions, which directly limits new equipment sales and retards overall market expansion.

The effect of these financial constraints is visible in recent industry data reflecting a slowdown in demand. According to the Japan Construction Equipment Manufacturers Association (CEMA), the total shipment value of construction machinery fell by 19.7 percent in August 2024 compared to the same month the prior year. This steep decline highlights a widespread reluctance among contractors to invest in heavy machinery due to cost burdens, thereby restricting the widespread adoption of specialized machinery like motor graders in major global markets.

Market Trends

The incorporation of Precision Grading and 3D Machine Control Systems is transforming the motor grader sector by shifting operations from a reliance on manual skill to technology-enabled precision. Contractors are increasingly utilizing mastless Global Navigation Satellite System (GNSS) technology and automated blade controls to decrease rework and material waste on complicated infrastructure jobs. This technological advancement enables operators with different levels of experience to attain exact grade requirements more effectively, helping to mitigate the industry's persistent labor shortage. The growing adoption of these digital tools is clear in recent manufacturer data; Komatsu Ltd. reported in its 'From Vision to Value' release in February 2025 that the use of its Smart Construction 3D Machine Guidance system grew by 37.21 percent year-over-year in 2024, underscoring the rapid shift toward digitized earthmoving processes.

At the same time, the deployment of IoT-Enabled Telematics for Predictive Maintenance is emerging as a standard practice to maximize fleet uptime and lower the total cost of ownership. Modern motor graders are fitted with sophisticated sensors that continuously broadcast performance metrics, allowing fleet managers to identify mechanical irregularities before they develop into serious failures. This move from reactive repairs to data-driven preventive measures greatly improves asset durability and operational readiness in isolated mining and construction locations. The extent of this connectivity is growing quickly among leading OEMs; Caterpillar Inc.'s '2024 Annual Report' from March 2025 states that the company now utilizes data from over 1.5 million connected assets to streamline fleet management and enhance equipment reliability for its global clients.

Key Market Players

  • CNH Industrial N.V.
  • Caterpillar Inc.
  • Deere & Company
  • Komatsu Ltd.
  • SANY HEAVY INDUSTRY CO., Ltd.
  • Mitsubishi Heavy Industries, Ltd.
  • Liugong Machinery Co., Ltd.
  • Terex Corporation
  • AB Volvo
  • Mahindra & Mahindra Limited

Report Scope

In this report, the Global Motor Grader Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Motor Grader Market, By Product Type

  • Rigid Frame
  • Articulated Frame

Motor Grader Market, By Capacity

  • Small Motor Graders
  • Medium Motor Graders
  • High Motor Graders

Motor Grader Market, By Application

  • Infrastructure
  • Construction
  • Mining
  • Oil and Gas
  • Others

Motor Grader Market, By Region

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Motor Grader Market.

Available Customizations:

Global Motor Grader Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Overview of the Market
  • 3.2. Overview of Key Market Segmentations
  • 3.3. Overview of Key Market Players
  • 3.4. Overview of Key Regions/Countries
  • 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Motor Grader Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Product Type (Rigid Frame, Articulated Frame)
    • 5.2.2. By Capacity (Small Motor Graders, Medium Motor Graders, High Motor Graders)
    • 5.2.3. By Application (Infrastructure, Construction, Mining, Oil and Gas, Others)
    • 5.2.4. By Region
    • 5.2.5. By Company (2025)
  • 5.3. Market Map

6. North America Motor Grader Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Product Type
    • 6.2.2. By Capacity
    • 6.2.3. By Application
    • 6.2.4. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Motor Grader Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Product Type
        • 6.3.1.2.2. By Capacity
        • 6.3.1.2.3. By Application
    • 6.3.2. Canada Motor Grader Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Product Type
        • 6.3.2.2.2. By Capacity
        • 6.3.2.2.3. By Application
    • 6.3.3. Mexico Motor Grader Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Product Type
        • 6.3.3.2.2. By Capacity
        • 6.3.3.2.3. By Application

7. Europe Motor Grader Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Product Type
    • 7.2.2. By Capacity
    • 7.2.3. By Application
    • 7.2.4. By Country
  • 7.3. Europe: Country Analysis
    • 7.3.1. Germany Motor Grader Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Product Type
        • 7.3.1.2.2. By Capacity
        • 7.3.1.2.3. By Application
    • 7.3.2. France Motor Grader Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Product Type
        • 7.3.2.2.2. By Capacity
        • 7.3.2.2.3. By Application
    • 7.3.3. United Kingdom Motor Grader Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Product Type
        • 7.3.3.2.2. By Capacity
        • 7.3.3.2.3. By Application
    • 7.3.4. Italy Motor Grader Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Product Type
        • 7.3.4.2.2. By Capacity
        • 7.3.4.2.3. By Application
    • 7.3.5. Spain Motor Grader Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Product Type
        • 7.3.5.2.2. By Capacity
        • 7.3.5.2.3. By Application

8. Asia Pacific Motor Grader Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Product Type
    • 8.2.2. By Capacity
    • 8.2.3. By Application
    • 8.2.4. By Country
  • 8.3. Asia Pacific: Country Analysis
    • 8.3.1. China Motor Grader Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Product Type
        • 8.3.1.2.2. By Capacity
        • 8.3.1.2.3. By Application
    • 8.3.2. India Motor Grader Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Product Type
        • 8.3.2.2.2. By Capacity
        • 8.3.2.2.3. By Application
    • 8.3.3. Japan Motor Grader Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Product Type
        • 8.3.3.2.2. By Capacity
        • 8.3.3.2.3. By Application
    • 8.3.4. South Korea Motor Grader Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Product Type
        • 8.3.4.2.2. By Capacity
        • 8.3.4.2.3. By Application
    • 8.3.5. Australia Motor Grader Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Product Type
        • 8.3.5.2.2. By Capacity
        • 8.3.5.2.3. By Application

9. Middle East & Africa Motor Grader Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Product Type
    • 9.2.2. By Capacity
    • 9.2.3. By Application
    • 9.2.4. By Country
  • 9.3. Middle East & Africa: Country Analysis
    • 9.3.1. Saudi Arabia Motor Grader Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Product Type
        • 9.3.1.2.2. By Capacity
        • 9.3.1.2.3. By Application
    • 9.3.2. UAE Motor Grader Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Product Type
        • 9.3.2.2.2. By Capacity
        • 9.3.2.2.3. By Application
    • 9.3.3. South Africa Motor Grader Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Product Type
        • 9.3.3.2.2. By Capacity
        • 9.3.3.2.3. By Application

10. South America Motor Grader Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Product Type
    • 10.2.2. By Capacity
    • 10.2.3. By Application
    • 10.2.4. By Country
  • 10.3. South America: Country Analysis
    • 10.3.1. Brazil Motor Grader Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Product Type
        • 10.3.1.2.2. By Capacity
        • 10.3.1.2.3. By Application
    • 10.3.2. Colombia Motor Grader Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Product Type
        • 10.3.2.2.2. By Capacity
        • 10.3.2.2.3. By Application
    • 10.3.3. Argentina Motor Grader Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Product Type
        • 10.3.3.2.2. By Capacity
        • 10.3.3.2.3. By Application

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Market Trends & Developments

  • 12.1. Merger & Acquisition (If Any)
  • 12.2. Product Launches (If Any)
  • 12.3. Recent Developments

13. Global Motor Grader Market: SWOT Analysis

14. Porter's Five Forces Analysis

  • 14.1. Competition in the Industry
  • 14.2. Potential of New Entrants
  • 14.3. Power of Suppliers
  • 14.4. Power of Customers
  • 14.5. Threat of Substitute Products

15. Competitive Landscape

  • 15.1. CNH Industrial N.V.
    • 15.1.1. Business Overview
    • 15.1.2. Products & Services
    • 15.1.3. Recent Developments
    • 15.1.4. Key Personnel
    • 15.1.5. SWOT Analysis
  • 15.2. Caterpillar Inc.
  • 15.3. Deere & Company
  • 15.4. Komatsu Ltd.
  • 15.5. SANY HEAVY INDUSTRY CO., Ltd.
  • 15.6. Mitsubishi Heavy Industries, Ltd.
  • 15.7. Liugong Machinery Co., Ltd.
  • 15.8. Terex Corporation
  • 15.9. AB Volvo
  • 15.10. Mahindra & Mahindra Limited

16. Strategic Recommendations

17. About Us & Disclaimer