With very high sales in 2017 and 2018, the market for motor graders in China has now returned to more sustainable levels. There was a modest uptick in 2020, due to the stimulus measures put in place in China to counter act the economic impacts of the Covid pandemic, but sales are now showing clear signs of decline once again.
With the Chinese national highway system now largely complete, the grader market is expected to moderate further over the medium term. Off-Highway Research’s new report on the motor grader industry in China said, “In addition to the slowdown in total investment, the focus of spending is also being transferred to the maintenance and reconstruction of existing facilities. There will still be some programmes to expand or upgrade the main spines of the road networks, but they will see a reduced share of the road expenditure.”
The slowdown in domestic demand means that Chinese grader manufacturers are likely to put an even greater emphasis on exports in the future. These key drivers and changes are discussed in detail in the report.
The 40-plus page report on the motor grader industry in China is now available to subscribers to the Chinese Service.
It is believed to be the most detailed and in-depth report ever published on the subject, with analysis covering market size, market shares, production, foreign trade, market structure, distribution networks, equipment population, end-user demographics, machines available and a five-year forecast.
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