Press release
Rotavators Global Market Overview, Driving Factors, Future Trends, Key Players and Growth Opportunities And Forecast By 2033 | CNH Industrial N.V., Kubota Corporation, AGCO Corporation, SDF S.p.A., Escorts Group
The rotavators market size has grown strongly in recent years. It will grow from $1.89 billion in 2023 to $1.99 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increasing global population, growing demand for organic farming, reduction of manual labor in agriculture, growing food demand, rising disposable incomes in emerging markets.The rotavators market size is expected to see steady growth in the next few years. It will grow to $2.33 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to increasing mechanization in agriculture, rising demand for precision agriculture solutions, increasing adoption of conservation agriculture practices, rising global population and food demand, increasing adoption of mechanized farming practices. Major trends in the forecast period include technological advancements in farming equipment, expansion of commercial farming operations, introduction of innovative farming techniques, strategic collaboration and partnership, expansion of horticulture and floriculture sectors.
Market Overview -
Rotavator refers to a tractor-driven rotary tillage equipment that uses a series of blades to plow the land by cutting, pulverizing, mixing, and leveling the soil. They are used in various agricultural activities such as preparing the land for sowing seeds, incorporating crop residues, and creating a suitable seedbed. They are also used to improve soil structure, water infiltration, and weed control.
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Mechanization In Agriculture Boosts Rotavator Market Growth
The increasing adoption of mechanized farming practices is expected to propel the growth of the rotavator market going forward. Mechanized farming practices refers to the adoption of machinery and technology to perform farming tasks traditionally carried out by manual labor, aiming to increase efficiency, productivity, and overall agricultural output. Mechanization allows for the cultivation of challenging land, improving land utilization, and expanding the variety of crops that can be grown. The use of rotavators allows for soil preparation without requiring large amounts of labor, ultimately leading to improved soil health, higher agricultural output, and increased overall productivity. For instance, in 2021, according to the Department of Agriculture (USDA), a US-based government agency, the adoption of mechanized farming practices has been steadily increasing over the years, with data indicating that the total number of tractors on U.S. farms increased by 4% from 2021 to 2023, highlighting the trend towards mechanization in agriculture. Therefore, the increasing adoption of mechanized farming practices is driving the growth of the rotavator market.
Competitive Landscape -
Major companies operating in the rotavators market are Deere & Company, CNH Industrial N.V., Kubota Corporation, Mahindra & Mahindra Ltd., AGCO Corporation, Greaves Cotton Limited, Yanmar Co. Ltd., Valmont Industries Inc., Bucher Industries AG, CLAAS Group, Sonalika International Tractors Ltd., Foton Lovol International Heavy Industry Co. Ltd., Alamo Group Inc., SDF S.p.A., Escorts Group, TAFE - Tractors and Farm Equipment Limited, Lemken GmbH & Co. KG, Väderstad AB, Action Construction Equipment Ltd., Bobcat Company, Kuhn Group, Daedong-USA Inc., Zetor Tractors a.s., Harsons Ventures Private Limited, International Tractors Limited
Mahindra & Mahindra Revolutionizes Agriculture With Innovative Mahavator Rotavator
Major companies operating in the rotavator market are focusing on innovative products such as Mahindra Mahavator to gain a competitive edge in the market. Mahindra Mahavator rotary tillers are designed for use with Mahindra tractors and are used for soil cultivation tasks such as seedbed preparation, weed control, and mixing organic matter into the soil. For instance, in August 2021, Mahindra & Mahindra's, an India-based automotive manufacturing corporation, launched the Mahindra Mahavator, a heavy-duty rotavator designed for exceptional performance and durability in a variety of agricultural conditions. It is designed to work with tractors ranging from 33 to 52 HP, providing fuel-efficient operation. This launch introduces digital farming solutions and cutting-edge agricultural equipment, contributing to the modernization of the farming industry.
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Key Segments -
The rotavators market covered in this report is segmented -
1) By Product Type: Chain Drive Rotavators, Gear Drive Rotavators, Belt Drive Rotavators, Hydraulic Drive Rotavators
2) By Power: Tractor -Mounted Rotavators, Self-Propelled Rotavators, Electric Rotavators
3) By Crop Type: Vegetable, Fruit, Row Crop, Other Crop Types
4) By Application: Agricultural Farming, Horticulture, Sports Fields And Golf Courses, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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