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Automated Turf Harvester Market Is Growing At A CAGR of 12.6% from 2021 to 2026 | Players Trebro, Turf Tick Products

06-25-2024 06:24 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Automated Turf Harvester Market

Automated Turf Harvester Market

The global automated turf harvester industry was estimated at $62,151.5 thousand in 2018, and is anticipated to register $155,947.8 thousand by 2026, registering a CAGR of 12.6% from 2019 to 2026.

Automated Turf Harvester Market: Trends and Opportunities
Growing Demand:

Consumers are increasingly interested in automated farm equipment, like turf harvesters.
Labor shortages on farms are pushing innovation in automated solutions.
The rise of natural turf on sports fields is driving demand for automated harvesting.

Challenges to Overcome:

The high upfront cost of automated turf harvesters can be a barrier for some farms.
Large farms are more likely to adopt this technology initially.
The popularity of artificial turf in residential landscaping limits market growth in that sector.

Bright Spots for the Future:

The significant increase in golf courses, especially in developing nations, creates opportunities for harvester manufacturers.

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Market Breakdown by Application:
Residential use dominated the market in 2018, fueled by rising housing construction.
The golf course segment is expected to see the fastest growth due to the increasing number of courses, particularly in China.

Market Breakdown by Product Type:
Roll turf harvesters held the majority share in 2018, used for large-scale applications like sports fields.
Slab turf harvester sales are expected to grow the fastest due to demand from the residential sector.

Geographic Leadership:
North America is the current leader, with a strong presence of turf farms and major harvester manufacturers.
Europe is anticipated to see the fastest growth due to increasing turf grass cultivation.

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Top Players:
Trebro Manufacturing, Inc., Turf Tick Products B.V., Kesmac Inc, FireFly Automatix, Inc, KWMI Equipment, MAGNUM ENP

Key Findings of The Automated Turf Harvester Market:
In 2018, the roll turf harvester segment dominated the global Automated Turf Harvester market, in terms of revenue.
The residential segment is expected to be the largest customer for the Automated Turf Harvester market products globally.
Europe is projected to be one of the most dominant regions and is expected to witness a high growth rate during the forecast period.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. 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 domain.

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