The year has not begun well in the USA, especially after the L.A. incident that shook the whole county including the business communities. Even last year was best only for a few mega businesses due to their expansion across the country. The heavy equipment industry is one that survived and actually did the best business in its capacity. The ongoing mega-construction project drove the profitable business, making it possible for several companies. In the large-scale equipment business, a few companies dominate the market and stand out in various categories, for instance, heavy equipment like used Caterpillar motor graders.
The equipment company is Caterpillar and the category they excelled in was motor grader last year. Despite the recent incident and fluctuation in the market Caterpillar dominates the heavy equipment market and is among the top in selling equipment.
Over the past decade, motor graders have become the most valuable machines for contractors. Since it is an indispensable part of the construction, especially in road and highway construction. The motor grader, also known as the road grader, engineered to handle challenging tasks on difficult terrains. 2024 Caterpillar led the market in both new and used motor grader sales, strengthening its reliable and robust performance.
Caterpillar’s New Motor Graders
Among the new and used Caterpillar motor graders sold in 2024, the following models emerged as the best performers. Cat 140 is the model that has sold more than any other model, with a total Units Sold is 134. The Cat 140 is especially known to offer the customers power and efficiency to the extent that it can be considered optimal. Offering advanced grade control systems, this model is adaptable to the applications of road construction to construction-related applications.
Cat 150 AWD Model
After the Cat 140 model, the second place is the Cat 150 AWD model, the total unit sold by this model is 109. With all-wheel drive (AWD) capabilities, this model is always worth investing in for contractors and fleet managers. Cat 150 AWD is more widespread for operations where increased tractive effort and maneuverability are needed. This has been in high demand as it is known to work well on uneven surfaces.
Cat 140m AWD
The overall number of units sold of this Cat 140m motor grader unit is 96. The Cat 140 AWD combines performance and fuel efficiency but adds AWD capabilities, making it versatile across different job sites. It is a competent combination of performance and fuel efficiency with AWD features to match any terrain of a particular construction site.
Used Motor Graders
Apart from the best performance of new models in the market, Caterpillars make the most from used motor graders as well. Despite the drop or decline in sales due to market fluctuation, Cater used motor graders remained popular. The main units Caterpillar sold last year were the Cat 12M3, Cat 140M, and Cat 150, respectively. Apart from these models, the overall inventory of used Caterpillar motor graders did an exceptional sale in the market.
Why Caterpillar Stays on Top
Its dominance in the motor grader industry is not a coincidence but the result of several key factors. Additional features include new grade control systems, all-wheel drive, and economical power systems that make their graders applicable in numerous operations. Caterpillar equipment is designed for maximum toughness, ensuring users of its power and reliability. In addition, high auction prices for used models confirm their high demand on the market and excellent resale opportunities making the equipment attractive for contractors and businessmen.
Caterpillar’s Market Dominance in 2024
Caterpillar is one of the renowned names in the heavy equipment industry that maintains its legacy and stronghold in the market. Surprisingly, 2024 was also a record year for the company, accounting for more than 60% of all new and used motor graders sold. The contribution of Caterpillars in this Category is absolutely remarkable, especially when the industry is somewhat going through a tough situation.
In the used motor grader category, Caterpillar also led the way with 47% of fully used financed sales. That leaves the other competitors such as John Deere and Komatsu in the second and third spots, respectively.
When we analyzed the market, we witnessed that the total number of used motor grader sales had declined and saw a 10% decrease in overall sales. However, Caterpillar’s appeal remains strong driven by their commitment, modern engineering, and versatility.
Outlook for 2025
Ongoing infrastructure projects are driving the current market, making it well-suited for Caterpillar. Caterpillar is leading the way in the motor grader category, along with other sectors. The utilization of Cat machines across the region makes this visible. The outlook for this current year is also bright for the company. Contractors are expected to continue favoring models like the Cat 140 and Cat 150 AWD. Meanwhile, used equipment sales may rebound as the market stabilizes.
To Sum Up
In 2024 with the Cat 140 unchallenging established itself as the leading brand. However, there was a decline in the sales of used equipment in the year. Caterpillar enjoyed tremendous demand with its features as being new and reasonably priced with high resale value. Thus, this brand has taken most parts of the United States with Texas taking the lead state-wise. As the industry continues to advance towards the new year of 2025. Caterpillar’s motor graders will continue to play a key role in construction and road maintenance projects worldwide.
