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Soil Aerators Market 2023 - Size, Revenue, Growth Rate, Restraints, Forecast Analysis By 2032
Soil Aerators Market
The Business Research Company's Soil Aerators Global Market Report 2023 identifies rising demand from the agriculture industry as the major driver for the Soil Aerators market's growth in the forecast period. Agriculture industry is a sector of the economy that comprises crop and livestock farming, as well as farming engineering and the manufacture of agricultural equipment, chemical fertilizers, and other farm-related items.
The global soil aerators market size is expected to grow from $25.13 billion in 2022 to $27.16 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of soil aerators market is expected to reach $35.48 billion in 2027 at a CAGR of 6.9%.
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Major competitors in the Soil Aerators market are Deere and Company, CNH Industrial N.V., Kubota Corporation, AGCO Corporation, Mahindra and Mahindra Ltd., Linamar Corporation.
A key trend in the Soil Aerators market includes technological innovations. Major companies operating in the soil aerators market are focused on developing innovative technologies to strengthen their position in the market. For instance, in November 2020, Salford Group Inc., a US-based company that manufactures soil aerators, precise application equipment, and tillage equipment, launched the HALO AerWay model AerWay Shattertines. It integrates Salford and AerWay tillage technology to create the ideal vertical tillage equipment, combining deep soil aeration with residue management. The AerWay shattertines start sizing residue and breaking up the ground around and under the tines. This process enhances the capacity of the soil to store air and moisture, stimulating deeper root growth and allowing fertilizer to be distributed throughout the root zone.
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The Soil Aerators market is segmented -
• By Equipment Type: Primary Tillage Equipment, Secondary Tillage Equipment, Soil Aerating Equipment, Weeding Equipment
• By Mechanism: Mechanical, Pneumatic
• By Mode Of Operation: Mounted, Trailed
• By Applications: Farm, Agricultural Institutions, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Soil Aerators market.
The Business Research Company's "Global Soil Aerators Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Soil Aerators Market Include:
1. Executive Summary
2. Soil Aerators Market Characteristics
3. Soil Aerators Market Trends And Strategies
4. Soil Aerators Market - Macro Economic Scenario
5. Global Soil Aerators Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………..
32. Global Soil Aerators Market Competitive Benchmarking
33. Global Soil Aerators Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Soil Aerators Market
35. Soil Aerators Market Future Outlook and Potential Analysis
36. Appendix
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