According to Stratistics MRC, the Global Soil Preparation and Cultivation Machine Industry Market is expected to grow at a CAGR of 8.6% during the forecast period.
Decline in power price and technical advancements in farming machinery such as driverless robots that can do effortless spraying tasks are the factors boosting the market growth. However, reduction in the agriculture net income is hindering the market growth.
The purpose of land preparation is to provide the necessary soil conditions which will enhance the successful establishment of the young offshoots or the tissue culture plants received from the nursery. Land preparation is clearing and removal of bushes on the surface of the land, this is performed differently, but the two main practices are, one or two ploughing followed by harrowing, ridging and mulching.
By products, disc harrows segment dominates the overall soil preparation and cultivation machine industry market. These types of heavy tool resources are used for farming which helps in plowing the sod. These edges help the harrow to collect the soil and break it into smaller pieces. Disc harrows are used to mix the soil properly and ensure that no particles are left behind which directly shows its impact in cultivation. Depending on geography, Asia pacific is projected to be the main markets for growth during the forecasted period due to significant mergers and acquisitions, collaborations, and joint ventures are the major factors in the industries of this region, that are playing a key role for the market growth.
Some of the key players in soil preparation and cultivation machine industry the market include John Deere, Mahindra & Mahindra, Kubota, Claas, AGCO, Dawn Equipment, CNH Industrial, JCB, Bucher Industries, Minsk Tractor Works, Horsch, Ag SHIELD, Bach-Run Farm, Degelman, Fleming, Great Plains, McConnel, Remlinger, Rite Way and Walter-watson.
Hoes and scarifiers
Cultivators and weeders
Planters and Transplanters
o Rest of Europe
o New Zealand
o South Korea
o Rest of Asia Pacific
o Rest of South America
Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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