Global Cultivator and Tiller Machinery Market – Industry Analysis and Forecast (2018-2026)
Global Cultivator and Tiller Machinery Market was valued US$ 1.6Bn in 2017 and is estimated to reach US$ 2.8Bn by 2026 at a CAGR of 7.25%.
Cultivators are generally either self-propelled or drawn as an attachment behind either a two-wheel tractor or four-wheel tractor. Tillers are the creators. They’re strong machines designed for mixing hard soil and digging into a loose garden bed.
The demand for cultivator & tiller machinery is growing in the agricultural industry, from emerging countries. Modernization of agricultural industry and growing labor wages is pushing the demand for cultivators and tillers, from all over the world. The rise in the need for agricultural output is also boosting the agricultural machinery industry, which is also driving the cultivator & tiller machinery market. Increasing demand for the formed plastic parts from the automotive industry is also producing ample opportunities for the cultivator & tiller machinery market globally.
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One of the major challenge faced by the global cultivator & tiller machinery market is its high cost. Large players in the market are continuously focusing on the innovations to develop low-cost cultivator & tiller machinery. Moreover, the technology fear in the uneducated group of farmers is also restraining the growth of the cultivators and tillers market.
Tiller machinery is the fastest growing segment of the cultivators and tillers market globally. The used tiller machinery also has a major demand in the market, as these products are offered at much lower prices, targeting low-income customers, such as small-scale farmers. It has been identified that the farmer’s highest objective is to achieve low agricultural expenses during the cultivation process.
Region-wise, the global cultivators and tillers machinery market is anticipated to be dominated by Asia Pacific region with China leading the market both in terms of production and consumption. India is also predictable to witness high growth in demand for cultivators and tillers market due to the growth in the agricultural production and economic development in the country.
Global cultivators and tillers machinery market report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.
Key players operating in global cultivators and tillers market, Deere and Company, CNH Global NV, Mahindra & Mahindra Ltd., AGCO Tractor, Farmtrac Tractor Europe, Kubota Tractor Corp, McCormick Tractors, Deutz-Fahr, Claas Tractor, Kioti Tractor, Belarus Tractor, Massey Ferguson Tractor, Caterpillar Inc., Fendt.
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Scope of Global Cultivator and Tiller Machinery Market
Global Cultivator and Tiller Machinery Market, by Type
• Cultivators
• Tillers
• Others
Global Cultivator and Tiller Machinery Market, by Power
• Below 10HP
• 10 to 20 HP
• Above 40 HP
Global Cultivator and Tiller Machinery Market, by Application
• Agricultural
• Experimental
• Others
Global Cultivator and Tiller Machinery Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Cultivator and Tiller Machinery Market
• Deere and Company
• CNH Global NV
• Mahindra & Mahindra Ltd.
• AGCO Tractor
• Farmtrac Tractor Europe
• Kubota Tractor Corp
• McCormick Tractors
• Deutz-Fahr
• Claas Tractor
• Kioti Tractor
• Belarus Tractor
• Massey Ferguson Tractor
• Caterpillar Inc.
• Fendt
MAJOR TOC OF THE REPORT
Chapter One: Cultivator and Tiller Machinery Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Cultivator and Tiller Machinery Market Competition, by Players
Chapter Four: Global Cultivator and Tiller Machinery Market Size by Regions
Chapter Five: North America Cultivator and Tiller Machinery Revenue by Countries
Chapter Six: Europe Cultivator and Tiller Machinery Revenue by Countries
Chapter Seven: Asia-Pacific Cultivator and Tiller Machinery Revenue by Countries
Chapter Eight: South America Cultivator and Tiller Machinery Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Cultivator and Tiller Machinery by Countries
Chapter Ten: Global Cultivator and Tiller Machinery Market Segment by Type
Chapter Eleven: Global Cultivator and Tiller Machinery Market Segment by Application
Chapter Twelve: Global Cultivator and Tiller Machinery Market Size Forecast (2019-2026)
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