The global agricultural mowers market is expected to post a CAGR of over 5% during the period 2018-2022, according to the latest market research report by Technavio.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190102005325/en/
Technavio has published a new market research report on the global agricultural mowers market from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the global agricultural mowers market is the rising need to reduce forage losses. High-quality forage is an important requirement for dairy farms. The adequate use of agricultural machinery is important to produce quality forage. Production of quality forage begins with the mowing of crops, as the quality of most forage crops declines when the crop enters a reproductive stage of development. Thus, it is essential to use mowers at the correct maturity stage to ensure forage quality. Hence, the growing focus on reducing forage losses may increase the demand for agricultural mowers, thereby driving the global agricultural mowers market during the forecast period.
This market research report on the global agricultural mowers market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period.
This report is available at a USD 1,000 discount for a limited time only:View market snapshot before purchasing
In this report, Technavio highlights the increasing launch of the agricultural mower with improved features as one of the key emerging trends in the global agricultural mowers market:
Global agricultural mowers market: Increasing launch of agricultural mower with improved features
Vendors are focusing on introducing technologically advanced equipment to ensure added benefits for operators. The incorporation of new features in agricultural mowers ensures higher production and make the mowing operation more convenient in fields. For instance, in February 2018, KUHN launched its GMD 1011 series disc mowers with exclusive LIFT CONTROL suspension. This feature combines homogeneous floatation, a pendulum-type articulation, and safety. Thus, the increasing launch of agricultural mowers with improved features will drive the growth of the market.
“Apart from the rising need to reduce forage losses, factors such as the growing inclination toward certified agricultural mowers will have a positive impact on the growth of the global agricultural mowers market during the forecast period,” says a senior analyst at Technavio.
Global agricultural mowers market: Segmentation analysis
This market research report segments the global agricultural mowers market by product (agricultural disc mower, agricultural sickle bar mowers, agricultural drum mowers, and agricultural flail mowers) and geographical regions (APAC, EMEA, and the Americas).
The Americas region led the market in 2017 with a market share of close to 40%, followed by EMEA and APAC respectively. Although the APAC region held the smallest share of the market in 2017, it is expected to register the highest incremental growth during the forecast period.
Looking for more information on this market?Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190102005325/en/
