The rotavator, also known as the rotating tiller, is a cultivator used for soil tillage and obtaining a good soil structure appropriate for sowing. Parting off, bed preparation, fertilizer mixing, cutting plant residuals, and pulverizing the soil are all done with the rotavator. A major factor driving the rotavators market growth over the forecast period is technological advancement and increased acceptance of agricultural equipment across the globe.
MARKET SCOPE
The "Global Rotavators Market Analysis to 2028" is a specialized and in-depth study of the Rotavators Market with a special focus on the global market trend analysis. The report aims to provide an overview of rotavators market with detailed market segmentation by blade type and tractor type. The global rotavators market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rotavators market player and offers key trends and opportunities in the rotavators market.
MARKET SEGMENTATION
- Based on blade type the market is segmented as, L type and C type.
- Based on tractor type the market is segmented as, below 40 HP, 40-60 HP and above 60 HP.
MARKET DYNAMICS
Drivers:
- Rotavators are widely used because they are robust, powerful, and capable of breaking up even the most difficult soil.
- Furthermore, due to the various advantages of rotavators over traditional land preparation methods, the rotavators market is expected to grow during the forecast period.
- Growing demand for tillers, rotavators, modern agriculture machinery for farming are also expected to spur the market growth during the forecast period.
Restraints:
- The high cost of the rotavator is expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global rotavators market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The rotavators market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting rotavators Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the rotavators market in these regions.
IMPACT OF COVID-19 ON ROTAVATORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the rotavators market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from rotavators market are anticipated to lucrative growth opportunities in the future with the rising demand for rotavators market. Below mentioned is the list of few companies engaged in the rotavators market.
The report also includes the profiles of key rotavators market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AGCO Corporation
- Fieldking
- SHRACHI Group
- Deere and Company
- Great Plains Manufacturing
- Kubota Corporation
- KUHN NORTH AMERICA, INC.
- Mahindra and Mahindra Limited
- Maschio Gaspardo Group
- Wecan Global Co., Ltd.