Increasing demand for food is expected to fleet due to the global population explosion. The world population is expected to reach 9.9 billion by 2050, significantly increasing the demand for food by 70% for the same year. This will shoot up agriculture market and the use of tillage equipment in the way we haven’t seen before. Throughout the world, farmers will need to increase high quality crop production to cater the market demand, either by enhancing productivity on the same piece of land with the help of fertilizers, irrigation and using new methods such as tillage equipment or by increasing the amount of agricultural land.
Many other factors, such as climate change, will certainly make it challenging to produce enough food to cater demand. Water scarcity, rising temperature, and extreme weather conditions due to climate change will impact for long term on crop yields. This will fleet the demand for tillage equipment in market, helping out farmers to prepare a suitable seed bed and to improve the physical condition of the soil (in wetter climates tillage aids in keeping the soil drier).
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Market Players: –
- AGCO Corporation
- Deere & Company
- Lee Shuknecht & Sons Inc.
- Alamo Group Inc.
- Autotech International FZCO
- CASH IH
- CNH Industrial N.V. Brand
- BareCo
- J.E. LOVE CO.
- Northstar Attachments
- ISEKI and CO.LTD.
- Mahindra & Mahindra Ltd.
- Rathbun Ironworks
- Gillison’s Variety Fabrication
- XCMG Group
- KUBOTA Corporation
- Wiese Industries
- SOIL Service Inc.
- Bigham Brothers INC.
- Weak-Tec Inc.
What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global Tillage Equipment Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is present competitive scenario of the global Tillage Equipment Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global Tillage Equipment Market
Tillage Equipment Market: Segmentation
The global market for tillage equipment is segmented into its product usage, tillage type, material type, manufacturing technology, and the end-user industry.
Based on product usage, the tillage equipment market can be segmented into:
- Primary tillage equipment
- Secondary tillage equipment
Based on tillage type, the tillage equipment market can be segmented into:
- Minimum tillage
- Plough packer
- The circuit tiller
- The spring tooth harrow
- Plough packer with grain drill
- Strip tillage
- Rotary tillage
- Garden type
- Trailed or tractor-mounted units with p.t.o. drives
- Trailed units with auxiliary engines
- Mulch tillage
- Combined tillage
Based on fuel, the tillage equipment market can be segmented into:
- Diesel powered
- Gasoline powered
- Electric powered
Based on product size, the tillage equipment market can be segmented into:
- Small type equipment
- Medium type equipment
- Large type equipment
Based on distribution channel, the tillage equipment market can be segmented into:
- OEM
- Aftermarket
Based on region, the tillage equipment market can be segmented into:
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
In general, tillage equipment are divided into two categories, namely, primary tillage equipment and secondary tillage equipment. Equipment that is used to loosen the soil by breaking deeply to prepare a suitable seed bed is considered as primary tillage equipment. The group of primary tillage equipment includes various kinds of disc tiller ploughs, moldboard ploughs, subsoil ploughs or chisels, and rotary tillers. Secondary tillage equipment includes harrows, pulverizers, cultivators, weeders, and special tools for surface tillage to prevent moisture and destroy weeds.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
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