Overview of Rotavators Market: Global Rotavators Market to Reach US$ 2,003.2 Million Revenue by 2026 end

Posted on 2018-04-23 by Mark Hub in Automotive, Industrial // 0 Comments

Rockville, US, 2018-Apr-23 — /EPR Network/ — Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Rotavators Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global rotavators market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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Rotavator is a machine designed for making the land suitable for the agricultural activity. Manufacturers are working on improving rotavators to reduce dust accumulation. Hence, research and development activities are being carried on to modify rotavators and make it suitable for agriculture for loosening the soil to create a seedbed. However, the rise is rotavator blade replacement cost is also hampering the growth of the market. Hence, manufacturers are also focusing on improving blades in rotavator as it has direct engagement with soil to make the seedbed. In order to improve the service life of the blade, manufacturers are offering one more cutting edge in the opposite side. This offers the chance to replace the right-side blade with the left-side and vice versa, thereby extending the service life of blades.

According to a study by Fact.MR, the global market for rotavators is expected to witness slow growth throughout the forecast period. By the end of 2026, in terms of volume, 868,097 units of rotavators are expected to be sold. While, in the terms of value, the global rotavators market is projected to register 3.5% CAGR between 2017 and 2026. Along with the use in agriculture, rotavators are also being used on a large scale for gardening. However, the high replacement cost of blades in rotavators is hampering the growth of the market.

Hydraulic Rotavators to Gain Maximum Traction in the Global Rotavators Market between 2017 and 2026

Based on the blade type, C type of blade is likely to witness the highest growth during 2017-2026. C type blade is projected to bring in more than US$ 1,000 million revenue by 2026 end.

On the basis of mechanism type, hydraulic mechanism type is expected to be highly preferred in the global market for rotavators. In terms of volume, more than 461,800 units of hydraulic rotavators are estimated to be sold by the end of 2026.

On the basis of tractor HP, 40 to 47 HP tractor is expected to witness substantial growth during the forecast period. By the end of 2026, 40 to 47 HP tractor is estimated to surpass US$ 600 million revenue.

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Asia Pacific Excluding Japan (APEJ) to Dominate the Global Rotavators Market

APEJ is likely to remain dominant in the global market for rotavators. By the end of 2026, more than 418,900 units of rotavators are projected to be sold in the APEJ region. Agricultural process is advancing in APEJ. The regional market for rotavators is driven by India and China due to the large area of agriculture. Rotavators are also considered to be the better option by farmers in India as compared to conventional tillage equipment. Also, farming practice in Australia is highly mechanized. Meanwhile, Vietnam and Thailand hold growth opportunity for rotavator manufacturers. Improvement in infrastructure in Asian countries are creating favorable conditions for rotavator manufacturers. Hence, manufacturers are investing in the farm machinery market in the APEJ region.

Competitive Landscape

Leading players operating in the global rotavators market include Maschio Gaspardo Group, New Holland, John Deere, Howard, Mahindra, Kubota, Sonalika, Massey, Falc, Agtec, CEMA, and Shaktimaan Agro.

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