Press release
Mulcher Attachment Equipment Market Worth $806.5 Million by 2030
Mulcher attachment products have features such as high torque, high speed, less maintenance, low noise level, and better torque to weight ratio. This mulching machine is used in various applications such as construction, land clearing, and vegetation applications. Such instances drive growth of the mulcher attachment equipment.The global mulcher attachment equipment market size was $0.48 billion in 2020, and is expected to reach $0.80 billion by 2030, with a CAGR of 5.0% from 2021 to 2030.
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Growth in demand for food on account of rapid rise in population has generated the need for converting lands into cultivate lands, which is expected propel demand for mulching machines, which fuels growth of the mulcher attachment equipment. In addition, rise in demand for mulching equipment for wildlife conservation for maintaining animal habitat, which in turn, increases demand for mulcher attachment equipment to maintain vegetation and landscaping, drives the global mulcher attachment equipment market growth.
Key Market Players
Key players profiled in this report include Bandit Industries Inc, Caterpillar Inc, Alamo Group Inc, Deere & Company, CNH Industrial N.V., Fecon LLC, Lamtrac Global Inc, FAE Group S.p.A, Tigercat International Inc, and Ventura Group Inc.
Key Benefits
The report provides an extensive analysis of the current trends and future estimations.
Extensive analysis of global mulcher attachment equipment market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global mulcher attachment equipment market forecast analysis from 2021 to 2030 is included in the report.
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Key Market Segments
By Vehicle Type
Excavators
Skid Steer Loaders
Others
By Capacity
Light-duty
Medium-duty
Heavy-duty
By Application
Construction
Agriculture
Forestry
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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