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Datapoint: 2021 Grader
Today, PSR PowerTALK Editor Joe Delmont presents the Power Systems Research 2021 North American Grader production outlook. We estimate that North American grader production this year will reach 2325 units; up about 8% from 2020 levels. This forecast has been developed by Carol Turner, senior analyst-global operations, at Power Systems Research.
Transcript
Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.
From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today, we’ll discuss a data point covering grader production in North America for 2021.
This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
Motor graders are used worldwide to build and maintain roads, highways, airports and other construction projects.
00:44
In 2021, we estimate that North American grader production will reach 2525 units, up about 185 units, or 8%, from the 2340 units produced last year. About 30% of this production is exported worldwide.
In 2019, North American production was 2815 units; but production dropped sharply in 2020, plunging about 17% to only 2340 units.
01:24
The decline was driven by Tier 4 pre-buying incentives and the lull in activities that used graders that are predominantly road related.
01:34
Motor graders have a long lifespan and, as a result, demand for new machinery is not always necessary; even though construction related activities focusing on road construction are ongoing.
This product segment generally is not directly affected by COVID; however, with less roadway traffic, road construction can be expedited.
02:00
Expect grader production in North America to increase up to 10% by 2025. The leading grader manufacturers in North America are Deere — which has 59% of the total North American production, followed by Caterpillar — with 37%, and Wheeler — with two percent.
This data is pulled from two of the major Power Systems Research databases — OE Link, the database of OEM production and forecast data, and EnginLink, which provides engine production forecast and specification data.
Look for DataPoint reports every month in the PSR PowerTALK news report and on this podcast.
Contact us for more information on other off-road products, such as mixers and agricultural equipment.
02:59
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