LEVELLING THE FIELD
Construction Week|July 2024
The demand for motorgraders is often linked to infrastructure projects. Government initiatives and investments in infrastructure play a crucial role in driving the market
LEVELLING THE FIELD

The motor grader market is experiencing high demand, especially in the road construction and mining industries. This trend is motivating manufacturers to broaden their product range, improve their offerings through value engineering, and boost sales by focusing on corporate clients, rental companies, and contractors of all sizes.

The ongoing boom in road construction projects continues to push demand for motor graders, giving manufacturers confidence in long-term demand. The challenge is to meet new emission standards, manage the increased cost of machines, and satisfy the needs of customers, particularly sub-contractors and rental companies. Potential disruptions in sales might occur as the higher end of the market prefers more powerful engines.

Manufacturers anticipate demand for construction equipment may be impacted by extended payment cycles from main project developers to contractors and subcontractors, potentially causing financial constraints and affecting new equipment investment decisions. Additionally, there could be a temporary slow in announcement and implementation of new road projects. Despite these challenges, motor grader manufacturers are persisting with strategies to establish their competitive edge. These include developing new and more powerful models, upgrading existing ones, expanding dealer networks and enhancing brand recognition.

This story is from the July 2024 edition of Construction Week.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the July 2024 edition of Construction Week.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM CONSTRUCTION WEEKView All
TRIUMPH AT R+T ASIA 2024: CELEBRATING RECORD-BREAKING INTERNATIONAL ATTENDANCE
Construction Week

TRIUMPH AT R+T ASIA 2024: CELEBRATING RECORD-BREAKING INTERNATIONAL ATTENDANCE

The 19th edition of R+T Asia concluded with a heightened international involvement, making an impact on the sector and ushering in a new chapter for the R+T Asia trade show in an international format.

time-read
3 mins  |
July 2024
CRYSTAL CLEAR
Construction Week

CRYSTAL CLEAR

From smart loT technologies to sustainable manufacturing, doors and windows are becoming increasingly transparent

time-read
6 mins  |
July 2024
LEVELLING THE FIELD
Construction Week

LEVELLING THE FIELD

The demand for motorgraders is often linked to infrastructure projects. Government initiatives and investments in infrastructure play a crucial role in driving the market

time-read
5 mins  |
July 2024
SMOOTH OPERATORS
Construction Week

SMOOTH OPERATORS

The future is bright for excavators as infra projects continue its run

time-read
6 mins  |
July 2024
A HEART OF CARE
Construction Week

A HEART OF CARE

Rishi Jain, MD, Jain Group, believes that real estate is a business of feelings and dreams and not mere bricks and mortar. Exceptional care towards the customer Is the only sustainable way to remain relevant in this business

time-read
6 mins  |
July 2024
GOLDEN GROWTH FUND'S LUXURY HOUSING PROJECT
Construction Week

GOLDEN GROWTH FUND'S LUXURY HOUSING PROJECT

GGF plans to develop and sell the luxury units through this project

time-read
1 min  |
July 2024
NMDC'S RS 50 CRORE R&D FACILITY IN HYDERABAD
Construction Week

NMDC'S RS 50 CRORE R&D FACILITY IN HYDERABAD

Invested Rs 150 crores in the past 5 years towards R&D

time-read
1 min  |
July 2024
FORTUNE HOTELS EXPANDS GOA PRESENCE
Construction Week

FORTUNE HOTELS EXPANDS GOA PRESENCE

Most rooms peep into spectacular views

time-read
1 min  |
July 2024
RUSTOMJEE GROUP'S RUSTOMJEE 180 BAYVIEW
Construction Week

RUSTOMJEE GROUP'S RUSTOMJEE 180 BAYVIEW

Marks entry of company in Matunga

time-read
1 min  |
July 2024
BRIGADE GROUP TO CONSTRUCT THIRD WTC TOWER
Construction Week

BRIGADE GROUP TO CONSTRUCT THIRD WTC TOWER

The new tower will be 16 storeys high

time-read
1 min  |
July 2024