Rotavators Market Analysis by Blade Type (L Type, C Type), by Mechanism Type (Hydraulic, Manual, Hybrid Rotavators), by Tractor HP (25 to 35 HP, 35 to 40 HP, 40 to 47 HP, 50 to 60 HP, above 60 HP) & Region - Global Forecast 2022-2032
The global rotavators market is likely to be valued at US$ 1.7 Billion in FY 2022, up from US$ 1.6 Billion in 2021. During the past year, the industry registered a Y-o-Y increase worth 3.4%. From 2022 to 2032, rotavator sales are poised to flourish at a CAGR of 3.4% to reach a value of US$ 2.4 Billion by the end of 2032.
Demand for C-type Rotavators will continue to thrive, with a documented CAGR of 3.1% during the 2015-2021 historical period of assessment, while demand for 40 to 47 Hp Segment proliferated at a rate of 3.1% during the same period. The APAC will dominate the global market, registering a growth opportunity worth US$ 420 Million from 2022 to 2032.
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The report offers actionable and valuable market insights of Rotavators. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Rotavators Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Rotavators market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Rotavators
This newly published and insightful report sheds light on Market Insights of Rotavators, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Rotavators Market.
Key Segments Covered in the Rotavators Industry Survey
Hydraulic Rotavators to Gain Maximum Traction in the Global Rotavators Market between 2017 and 2026
Based on the blade type, C type of blade is likely to witness the highest growth during 2017-2026. C type blade is projected to bring in more than US$ 1,000 million revenue by 2026 end.
On the basis of mechanism type, hydraulic mechanism type is expected to be highly preferred in the global market for rotavators. In terms of volume, more than 461,800 units of hydraulic rotavators are estimated to be sold by the end of 2026.
On the basis of tractor HP, 40 to 47 HP tractor is expected to witness substantial growth during the forecast period. By the end of 2026, 40 to 47 HP tractor is estimated to surpass US$ 600 million revenue.
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Asia Pacific Excluding Japan (APEJ) to Dominate the Global Rotavators Market
APEJ is likely to remain dominant in the global market for rotavators. By the end of 2026, more than 418,900 units of rotavators are projected to be sold in the APEJ region. Agricultural process is advancing in APEJ. The regional market for rotavators is driven by India and China due to the large area of agriculture. Rotavators are also considered to be the better option by farmers in India as compared to conventional tillage equipment. Also, farming practice in Australia is highly mechanized. Meanwhile, Vietnam and Thailand hold growth opportunity for rotavator manufacturers. Improvement in infrastructure in Asian countries are creating favorable conditions for rotavator manufacturers. Hence, manufacturers are investing in the farm machinery market in the APEJ region.
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Jun 14, 2023
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