Global Plowing and Cultivating Machinery Industry

Global Plowing and Cultivating Machinery Industry

  • April 2021 •
  • 241 pages •
  • Report ID: 1171473 •
  • Format: PDF
Abstract:
- Global Plowing and Cultivating Machinery Market to Reach $14.9 Billion by 2027
- Amid the COVID-19 crisis, the global market for Plowing and Cultivating Machinery estimated at US$10 Billion in the year 2020, is projected to reach a revised size of US$14.9 Billion by 2027, growing at a CAGR of 5.8% over the period 2020-2027.
- The U.S. Market is Estimated at $2.7 Billion, While China is Forecast to Grow at 8.9% CAGR
- The Plowing and Cultivating Machinery market in the U.S. is estimated at US$2.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

- Select Competitors (Total 145 Featured) -
  • AGCO Corporation
  • Bush Hog Inc.
  • CNH Industrial N.V.
  • Deere & Company (John Deere)
  • Dewulf NV
  • Horsch Maschinen GmbH
  • Iseki & Co. Ltd.
  • Kuhn Group
  • Kverneland Group
  • LEMKEN Gmbh & Co. KG