Press release
Plows Global Market Report 2025: Robust Growth Driven by Agricultural Expansion, Population Increase, and Technological Advancements
Plows Market Size
What Is The Projected Market Size Of The Global Plows Market And Its Growth Rate?
• The plows market size witnessed substantial growth in recent years, escalating from $1.05 billion in 2024 to $1.12 billion in 2025 at a CAGR of 7.4%.
• Factors contributing to this growth include agricultural expansion and mechanization, population growth and food demand, shift towards commercial farming, government support and agricultural policies, weather and seasonal variability.
• Looking ahead, the plows market size is forecasted to continue its strong growth, estimated to reach $1.41 billion in 2029 at a CAGR of 5.9%.
• The growth drivers in the forecast period include growing precision agriculture practices, sustainable and conservation farming, growing farm mechanization in emerging markets, focus on soil health and crop yields, climate change adaptation.
What Is Driving The Growth In The Plows Market?
The anticipated increase in population that fuels the demand for agricultural products contributes significantly to the growth of the plows market. The United Nations predicts that the global population would reach 9.7 billion by 2050 from 7.7 billion in 2020. This population growth will augment food consumption and stimulate demand for the agriculture sector and agricultural products such as plows. Therefore, the population expansion in the next 30 years is projected to drive the growth of the plows market during the forecast period.
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Who Are the Key Players Driving Plows Market Growth?
• CNH Industrial India Pvt. Ltd.
• AGCO Corporation
• Deere & Company
• BEDNAR FMT s.r.o.
• UNIVERSAL TRUCK EQUIPMENT INC.
• ISEKI & CO. LTD.
• KUHN SAS
• Douglas Dynamics LLC
• BOSS Snowplow
• Amazonen-Werke G. Dreyer Maschinenfabrik GmbH
• Woods Equipment Company
• Western Products LLC
• Meyer Products LLC
• Fisher Engineering
• Kongskilde Industries A/S
• Monashee Manufacturing Corp.
• PJB Industries Inc.
• Bomet Sp. z o.o. Sp.K
• Baldan Machinery
• AGRO-MASZ Agriculture sp. z o.o.
• Aratri EMMEGIEMME Srl
• Ünlü Ziraat Aletleri A.S
• FALC S.p.A.
• BLIZZARD Snow Plow
• Ebling Manufacturing Inc.
• Sno-Gate
• KAGE Manufacturing LLC
• Kubota Corporation
• Mahindra & Mahindra Ltd.
What Are The Key Trends In The Plows Market?
• Implementation of advanced materials
• Use of remote monitoring and control
• Increased connectivity
• Adoption of precision snow removal technology
• Preference for subscription-based models
What Are The Segments Of The Global Plows Market?
• By Product Type: Reversible Plow, Disc Plow, Ridge Plow, Chisel Plow, Moldboard Plow
• By Technology: Classic Plows, Modern Plows
• By Application: Large Farm, Private Farm
Which Region Leads The Plows Market?
Asia-Pacific dominated the plows market in 2024, followed by North America. The geographic regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Plows Global Market Report?
- Market Size Analysis: Analyze the Plows Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Plows Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Plows Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Plows Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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