Market Outlook:
The Global Rotary tiller market was valued at USD 18,863.4 Million in 2019 and is likely to reach USD 33,921.1 Million in 2027 at a CAGR of 7.8% during the forecast 2020-2027. The market is expected to grow owing to the increase in world population which is resulting in more demand of food, challenging the agriculture.
These factors are surging the demand for speed rotary tillers which are sustainable and are available easily in several options. Besides the awareness about living the sustainable life, people are growing their own food in the backyards and home gardens, which is resulting in rise in demand for small rotary tillers for gardening purpose.
Market Dynamics
As mentioned in the introduction, the main driver in sale of rotary tillers is the surging population which is increasing the demand for more food resources. This, in return, persuading the agriculture industry to include 2-3 crops a year for the cultivation. Being a power tool it is dependent on source of power, which cane restrain the growth of rotary tiller market. The opportunities rotary tiller market is having seem to be bright owing to the development in the agricultural industry and gardening which is leading to rising demand for rotary tiller.
Segmental Outlook
By Type Segment
Based on type, the market is segmented into front tine and rear tine. The front tine segment is projected to hold a significant market share and is expected to expand at a lucrative CAGR during the forecast period. This type is ideal for home gardens, landscaping and gardening situations. These tillers are usually smaller in size and are easier to handle during operation than pull-behind units, making them l it a dominant segment in the rotary tillers market.
Front tine: In front tine rotary tiers, tines are located in front of the wheels and motor/ engine is placed exactly above the tines. This type of structure makes the product to use in smaller places like gardens.
Rear tine: In rear tine rotary tillers, tines follow the wheel, gaining the power from engine to the wheel and to the tines. This type of design makes it best for breaking up the hard soil. Rear tine type is ideal for rocky or muddy area which is large in size, such as farms and forest areas.
By Application Segment
In terms of applications, rotary tiller market is segmented into commercial, agricultural, garden, forestry and others. Gardening tool is the widely used application for rotary tiller followed by agricultural uses and then others.
Commercial: Commercial buyers are the ones who create the market for both front tine and rear tine rotary tilers.
Agricultural: The main demand for rear tine rotary tillers comes from agricultural segment, considering its ability to do heavy duty work time cost efficiently.
Garden: The growing demand for front tine rotary tillers in the garden arena Owing to its workability in the confined spaces.
Forestry: The surging demand for rear tine rotary tillers is due to its capability to do heavy duty jobs with muddy pads, rocky land or hard soil.
Regional Outlook
Based on regions, the global rotary tiller market is into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The market in Asia pacific region is expected to grow with a significant CAGR of around 7.1% during the forecast period 2020-2027. This is due to the increase in the demand for food supplies for growing population in this region. Countries such as China and India are dominating the rotary tiller market in Asia pacific region.
The presence of age old farming culture in this region and the growing popularity of time efficient, consistent power tools in agriculture to save the labour charges is augmenting the market growth. Along with this, the growing sustainable home garden culture is going to push the market to new heights. Following the Asia Pacific region, the e market in North America is anticipated to grow at robust rate, followed by other regions
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the global rotary tiller market.
- Historical, Current and Projected Market Size in terms of Value and Volume
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Rotary tiller market Performance
Segments
By Product Type
By Application
- Commercial
- Agricultural
- Garden
- Forestry
- Others
By Region
- North America
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- France
- Italy
- U.K.
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- South East Asia (SEA)
- Rest of Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East & Africa (MEA)
Key Players
- Kubota
- Alamo
- Woods Equipment
- Land Pride
- Baldan
- John Deere
- Tarter Gate
- Howse
- Bobcat
- Farmer-Helper Machinery
- Del Morino
- Kioti Tractor
- GreenTec
- Wessex International
- Major Equipment Intl
Competitive Landscape
- Key players in the market include Kubota, Alamo, Woods Equipment, Land Pride, Baldan, John Deere, Tarter Gate, Howse, Bobcat, Farmer-Helper Machinery, Del Morino, Kioti Tractor, GreenTec, Wessex International, and Major Equipment Intl. These companies are considered as key manufacturers in the market based on their r different varieties of product availability, regional presence, better supply chain management system, and the increasing demand for the products.
- The players are adopting key strategies such as product development, geographical expansion, mergers and acquisition, and other creative strategies to increase their demand for rotary tillers.
- Dated 2018: Doosan Bobcat has announced plans to invest in new technology, machinery and processes at its R&D Innovation Center in DobÅ™íš, Czech Republic. The company believes that its ability to design, test and manufacture Bobcat machines locally gives it competitive advantage in the Europe, Middle East and Africa (EMEA) region. The Innovation Center is a European Engineering Center of Excellence, focusing on product development, research and testing activities, and creating new solutions. Doosan Bobcat’s new investments is expected to involve every part of operations in the Innovation Center, ranging from rapid prototyping and prototype assembly to performance and durability testing.
- Dated 2019: Alamo Group announced that it has completed the acquisition of Dutch Power Company B.V. ("Dutch Power") in the Netherlands.