Market Forecast By Type (Rigid Frame Motor Grader, Articulated Frame Motor Grader), By Capacity (Small Motor Graders (80 - 150 HP), Medium Motor Graders (150 - 300 HP), Large Motor Graders (Above 300 HP)), By Application (Construction, Mining, Others) And Competitive Landscape
Product Code: ETC099109 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Motor Graders Market report thoroughly covers the market by types, by capacity, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Vietnam Motor Graders Market is expected to continue its growth trajectory due to increasing investments in the country's infrastructure sector. The government has also initiated many projects aimed at improving transportation networks across the country. In addition to government investment, private companies are contributing significantly to the Vietnam Motor Graders Market Growth. Companies are using motor graders for various purposes such as mining operations or building commercial properties. Demand for these machines is poised to increase further with continued economic development in Vietnam. With advancements in technology driving new product innovations and improvements in efficiency and performance, we can expect exciting developments within this market over time.
According to 6Wresearch, the Vietnam Motor Graders Market is expected to grow at a rapid pace during the forecast period 2024-2031. The construction and infrastructure development sectors are expected to be major drivers of growth in this market. One key trend is the increasing preference for technologically advanced motor graders that offer greater efficiency, safety, and precision. This has led to a rise in demand for automated grading systems and GPS-enabled machines. However, rising competition from low-cost Chinese manufacturers and supply chain disruptions caused by the pandemic hinders the overall growth of the Vietnam Motor Graders Industry. Despite these challenges, there are opportunities for companies operating in this market. For instance, they can focus on expanding their product portfolios with innovative features or targeting niche segments such as medium-sized contractors who require cost-effective equipment.
The COVID-19 pandemic has had a significant impact on Vietnam Motor Graders Market Size as the government imposed strict lockdowns and travel restrictions to curb the spread of the virus. In turn, this led to reduced demand for heavy machinery like motor graders in Vietnam. The diminished need for these machines was further augmented by the economic downturn that affected countless businesses across various sectors. Manufacturers also faced supply chain disruptions due to factory closures and shipping constraints amidst the pandemic.
The Vietnam Motor Graders Market Share has seen a boom in recent years due to the increase in infrastructure development projects. Some of the leading companies in this sector include
The future of the Vietnam motor graders market looks promising as the country continues to develop its infrastructure. The government has allocated a significant amount of funding for infrastructure projects, such as highways and airports, which will require the use of motor graders. With ongoing urbanization, there is a surging demand for better road networks, leading to more opportunities in the motor grader industry. Technological advancements are also expected to shape the future of this market. Manufacturers are continuously investing in research and development to improve their products' performance while reducing operating costs. However, rising competition from low-cost manufacturing countries like China and India is one of the significant challenges to market expansion.
According to Nikhil, Senior Research Analyst, 6Wresearch, both rigid frame and articulated frame motor graders have their respective growth potentials. The growth of each type is depending on infrastructure development, construction projects, and industry demand in Vietnam.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Motor Graders Market Overview |
3.1 Vietnam Motor Graders Market Revenues & Volume, 2021 - 2031F |
3.2 Vietnam Motor Graders Market - Industry Life Cycle |
3.3 Vietnam Motor Graders Market - Porter's Five Forces |
3.4 Vietnam Motor Graders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.5 Vietnam Motor Graders Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Vietnam Motor Graders Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Motor Graders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Motor Graders Market Trends |
6 Vietnam Motor Graders Market, By Types |
6.1 Vietnam Motor Graders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Motor Graders Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Vietnam Motor Graders Market Revenues & Volume, By Rigid Frame Motor Grader, 2021 - 2031F |
6.1.4 Vietnam Motor Graders Market Revenues & Volume, By Articulated Frame Motor Grader, 2021 - 2031F |
6.2 Vietnam Motor Graders Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Motor Graders Market Revenues & Volume, By Small Motor Graders (80 - 150 HP), 2021 - 2031F |
6.2.3 Vietnam Motor Graders Market Revenues & Volume, By Medium Motor Graders (150 - 300 HP), 2021 - 2031F |
6.2.4 Vietnam Motor Graders Market Revenues & Volume, By Large Motor Graders (Above 300 HP), 2021 - 2031F |
6.3 Vietnam Motor Graders Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Motor Graders Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Vietnam Motor Graders Market Revenues & Volume, By Mining, 2021 - 2031F |
6.3.4 Vietnam Motor Graders Market Revenues & Volume, By Others, 2021 - 2031F |
7 Vietnam Motor Graders Market Import-Export Trade Statistics |
7.1 Vietnam Motor Graders Market Export to Major Countries |
7.2 Vietnam Motor Graders Market Imports from Major Countries |
8 Vietnam Motor Graders Market Key Performance Indicators |
9 Vietnam Motor Graders Market - Opportunity Assessment |
9.1 Vietnam Motor Graders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Motor Graders Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Vietnam Motor Graders Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Motor Graders Market - Competitive Landscape |
10.1 Vietnam Motor Graders Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Motor Graders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |