Report Description
The North America plowing and cultivating machinery market size was valued at around USD 4.38 Billion in 2022 and is estimated to reach USD 5.69 Billion by 2031, expanding at a CAGR of around 2.96% during the forecast period, 2023 – 2031. The growth of the market is attributed to the growing labor crisis is pushing farmers, especially large farmers, to use agricultural mechanization.
Cultivating weeds involves utilizing farming equipment that can uproot the weeds to destroy them. Plowing is an agricultural procedure that is carried out with the use of farming equipment called plow or plow. Sowing or planting the crop, plowing and cultivating machinery are used to increase soil permeability, which promotes fertility, kill insect and eggs, remove weeds and softens the soil. It improves nutrient availability for the crop by homogenizing and conditioning up to 10-22 cm of topsoil.
GPS-enabled equipment, thorough soil sampling, and real-time monitoring of soil moisture content utilizing sensors are just a few of the innovative technologies employed widely in plowing and cultivating operations in North America.
Market Trends, Drivers, Restraints, and Opportunities
-
Lack of labor, especially skilled labor, can increase demand for farm mechanization, resulting in increased demand for plowing and cultivating machines is projected to drive the market growth during the forecast period.
-
Increasing food consumption, as the population is rising, which leads to an increase in food storage output is estimated to spur the market expansion in the coming years.
-
Government is also facilitating this process by providing farmers with benefits and loans when they purchase such equipment which is a major factor fueling the market growth during the forecast period.
-
Rising demand for small working width farm equipment is one of the market's opportunities.
Scope of the Report
The report on North America plowing and cultivating machinery market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
|
Details
|
Report Title
|
Plowing and Cultivating Machinery Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
Base Year
|
2022
|
Historic Data
|
2016–2021
|
Forecast Period
|
2023–2031
|
Segmentation
|
Product Types (Cultivators and Tillers, Harrows, Plows, and Others), Application Types (Clods Size Reduction, Soil Loosening, Clods Sorting, and Others)
|
Geographic Scope
|
United States, Mexico, Canada, and Rest of North America
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
Key Players Covered in the Report
|
Kubota Corporation; Poettinger US Inc.; McFarlane Mfg. Co.; Opico Corporation; Iseki & Co. Ltd; Titan Machinery; Landoll Corporation; Horsch L.L.C.; Bednar Fmt s.r.o.; Gregoire-Besson S.A.S; Great Plains Manufacturing, Inc.; The Toro Company; Kverneland AS; Dewulf B.V.; Lemken GmbH & Co. KG; Kuhn North America, Inc.; Bush Hog Inc.; CNH Industrial NV; Deere & Company (John Deere); and AGCO Corporation.
|
North America Ploughing and Cultivating Machinery Market Segment Insights
Cultivators and tillers segment is projected to constitute a key market share
Based on product types, North America ploughing and cultivating machinery market is divided into cultivators and tillers, harrows, plows, and others. The cultivators and tillers segment is expected to account for a key share of the market during the forecast period owing to the growing demand for high-powered cultivators and tillers, low-income consumers, such as small-scale farmers, are targeted for cultivators and tillers, which are sold at significantly cheaper prices.
The farmer's primary goal has been described as achieving minimal agricultural expenditures during the cultivation process. Cultivators are usually self-propelled or pulled behind a two-wheel or four-wheel tractor as an attachment. Tillers are the inventors; they're powerful devices that are used to combine hard soil and dig into a loose garden bed.
Soil loosening segment is expected to grow at a significant pace
On the basis of application types, the market is segregated into clods size reduction, soil loosening, clods sorting, and others. The soil loosening segment is expected to represent a key share of the market in the coming years loosening the soil permits the roots of plants to go deeper into the soil and breathe more freely.
Loose, friable soil allows water to drain readily, avoiding soil from becoming soggy, while also providing the air and nutrients that plant roots require to grow. It also permits roots to quickly enter the soil in search of moisture and nutrients, allowing the plant to develop a robust support system.
Segments
North America plowing and cultivating machinery market has been segmented based on
Product Types
- Cultivators and Tillers
- Harrows
- Plows
- Others
Application Types
- Clods Size Reduction
- Soil Loosening
- Clods Sorting
- Others
Key Players
- Kubota Corporation
- Poettinger US Inc.
- McFarlane Mfg. Co.
- Opico Corporation
- Iseki & Co. Ltd
- Titan Machinery
- Landoll Corporation
- Horsch L.L.C.
- Bednar Fmt s.r.o.
- Gregoire-Besson S.A.S
- Great Plains Manufacturing, Inc.
- The Toro Company
- Kverneland AS
- Dewulf B.V.
- Lemken GmbH & Co. KG
- Kuhn North America, Inc.
- Bush Hog Inc.
- CNH Industrial NV
- Deere & Company (John Deere)
- AGCO Corporation
Competitive Landscape
Key players competing in the North America plowing and cultivating machinery market are Kubota Corporation; Poettinger US Inc.; McFarlane Mfg. Co.; Opico Corporation; Iseki & Co. Ltd; Titan Machinery; Landoll Corporation; Horsch L.L.C.; Bednar Fmt s.r.o.; Gregoire-Besson S.A.S; Great Plains Manufacturing, Inc.; The Toro Company; Kverneland AS; Dewulf B.V.; Lemken GmbH & Co. KG; Kuhn North America, Inc.; Bush Hog Inc.; CNH Industrial NV; Deere & Company (John Deere); and AGCO Corporation.
Some of these players are adopting several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plowing and Cultivating Machinery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plowing and Cultivating Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plowing and Cultivating Machinery Market - Supply Chain
4.5. Global Plowing and Cultivating Machinery Market Forecast
4.5.1. Plowing and Cultivating Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plowing and Cultivating Machinery Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Plowing and Cultivating Machinery Market Absolute $ Opportunity
5. Global Plowing and Cultivating Machinery Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Plowing and Cultivating Machinery Market Size and Volume Forecast by Applications
5.3.1. Clods Size Reduction
Soil Loosening
Clods Sorting
Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Plowing and Cultivating Machinery Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Plowing and Cultivating Machinery Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Plowing and Cultivating Machinery Demand Share Forecast, 2019-2026
7. North America Plowing and Cultivating Machinery Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Plowing and Cultivating Machinery Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Plowing and Cultivating Machinery Market Size and Volume Forecast by Applications
7.4.1. Clods Size Reduction
Soil Loosening
Clods Sorting
Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Plowing and Cultivating Machinery Demand Share Forecast, 2019-2026
8. Latin America Plowing and Cultivating Machinery Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Plowing and Cultivating Machinery Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Plowing and Cultivating Machinery Market Size and Volume Forecast by Applications
8.4.1. Clods Size Reduction
Soil Loosening
Clods Sorting
Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Plowing and Cultivating Machinery Demand Share Forecast, 2019-2026
9. Europe Plowing and Cultivating Machinery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Plowing and Cultivating Machinery Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Plowing and Cultivating Machinery Market Size and Volume Forecast by Applications
9.4.1. Clods Size Reduction
Soil Loosening
Clods Sorting
Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Plowing and Cultivating Machinery Demand Share Forecast, 2019-2026
10. Asia Pacific Plowing and Cultivating Machinery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Plowing and Cultivating Machinery Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Plowing and Cultivating Machinery Market Size and Volume Forecast by Applications
10.4.1. Clods Size Reduction
Soil Loosening
Clods Sorting
Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Plowing and Cultivating Machinery Demand Share Forecast, 2019-2026
11. Middle East & Africa Plowing and Cultivating Machinery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Plowing and Cultivating Machinery Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Plowing and Cultivating Machinery Market Size and Volume Forecast by Applications
11.4.1. Clods Size Reduction
Soil Loosening
Clods Sorting
Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Plowing and Cultivating Machinery Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Plowing and Cultivating Machinery Market: Market Share Analysis
12.2. Plowing and Cultivating Machinery Distributors and Customers
12.3. Plowing and Cultivating Machinery Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Kubota Corporation
12.4.2.
Poettinger US Inc.
12.4.3.
McFarlane Mfg. Co.
12.4.4.
Opico Corporation
12.4.5.
Iseki & Co. Ltd
12.4.6.
Titan Machinery
12.4.7.
Landoll Corporation
12.4.8.
Horsch L.L.C.
12.4.9.
Bednar Fmt s.r.o.
12.4.10.
Gregoire-Besson S.A.S
12.4.11.
Great Plains Manufacturing, Inc.
12.4.12.
The Toro Company
12.4.13.
Kverneland AS
12.4.14.
Dewulf B.V.
12.4.15.
Lemken GmbH & Co. KG
12.4.16.
Kuhn North America, Inc.
12.4.17.
Bush Hog Inc.
12.4.18.
CNH Industrial NV
12.4.19.
Deere & Company (John Deere)
12.4.20.
AGCO Corporation