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Market Research Report

Plow Market by Type and Geography - Forecast and Analysis 2020-2024

Published by TechNavio (Infiniti Research Ltd.) Product code 918572
Published Content info 136 Pages
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Plow Market by Type and Geography - Forecast and Analysis 2020-2024
Published: December 3, 2019 Content info: 136 Pages
Description

About this market

Technavio's plow market analysis considers sales from both classic plows and modern plows types. Our study also finds the sales of plow in APAC, Europe, MEA, North America, and South America. In 2019, the classic plows segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as enhanced features and functionalities of classic plows will play a significant role in the classic plows segment to maintain its market position. Also, our global plow market report looks at factors such as availability of varied types of plows, government subsidies for farm equipment, and growing demand for food due to the increasing population. However, the declining level of arable lands, growing preference for used farm equipment, and rental of farm equipment may hamper the growth of the plow industry over the forecast period.

Overview

Availability of varied type of plows

Disc plow, chisel plow, subsoiler, and rotary plows are the types of plows available in the global plow market. The availability of plows in several types is likely to encourage the adoption of plows for broader and specific applications on farmland. For instance, sub-soiler plows are used to achieve tillage deeper than moldboard plowing depth, while, disc hollow plows are used before plowing the land to reduce clogging. Thus, the availability of varied types of plows will lead to the expansion of the global plow market at a CAGR of over 5% during the forecast period.

Growing awareness about the benefits of modern plowing machines

Vendors are designing tilling equipment, such as modern plows, to complete more than two tasks at one attempt and minimize the time consumed in making the land ready for cropping. Mechanization of plows helps farmers make harrows at a consistent level, clean the residue, and break substantial amounts of land debris in a single instance of plowing. Mechanization of plows helps in multitasking and improving farming methods to increase crop yield out of land. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global plow market during the forecast period 2020-2024, view our report.

Competitive Landscape

With the presence of several major players, the global plow market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plow manufacturers, that include AGCO Corp., Brohawk Group, CNH Industrial NV, Deere & Co., ISEKI & Co. Ltd., Kubota Corp., KUHN Group, LEMKEN GmbH & Co., Mahindra & Mahindra Ltd., and YANMAR HOLDINGS Co. Ltd.

Also, the plow market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR40240

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Classic plows - Market size and forecast 2019-2024
  • Modern plows - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing awareness about benefits of modern plowing machines
  • New product launches
  • Growing preference for e-commerce platforms

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AGCO Corp.
  • Brohawk Group
  • CNH Industrial NV
  • Deere & Co.
  • ISEKI & Co. Ltd.
  • Kubota Corp.
  • KUHN Group
  • LEMKEN GmbH & Co.
  • Mahindra & Mahindra Ltd.
  • YANMAR HOLDINGS Co. Ltd.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

LIST OF EXHIBITS:

  • Exhibit 01: Global agricultural machinery market
  • Exhibit 02: Segments of global agricultural machinery market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Vendors: Key offerings
  • Exhibit 06: Market definition - Inclusions and exclusions checklist
  • Exhibit 07: Market size 2019
  • Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
  • Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
  • Exhibit 10: Five forces analysis 2019
  • Exhibit 11: Five forces analysis 2024
  • Exhibit 12: Bargaining power of buyers
  • Exhibit 13: Bargaining power of suppliers
  • Exhibit 14: Threat of new entrants
  • Exhibit 15: Threat of substitutes
  • Exhibit 16: Threat of rivalry
  • Exhibit 17: Market condition - Five forces 2019
  • Exhibit 18: Type - Market share 2019-2024 (%)
  • Exhibit 19: Comparison by type
  • Exhibit 20: Classic plows - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 21: Classic plows - Year-over-year growth 2020-2024 (%)
  • Exhibit 22: Modern plows - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 23: Modern plows - Year-over-year growth 2020-2024 (%)
  • Exhibit 24: Market opportunity by type
  • Exhibit 25: Customer landscape
  • Exhibit 26: Market share by geography 2019-2024 (%)
  • Exhibit 27: Geographic comparison
  • Exhibit 28: APAC - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 29: APAC - Year-over-year growth 2020-2024 (%)
  • Exhibit 30: North America - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 31: North America - Year-over-year growth 2020-2024 (%)
  • Exhibit 32: Europe - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 33: Europe - Year-over-year growth 2020-2024 (%)
  • Exhibit 34: South America - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 35: South America - Year-over-year growth 2020-2024 (%)
  • Exhibit 36: MEA - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 37: MEA - Year-over-year growth 2020-2024 (%)
  • Exhibit 38: Key leading countries
  • Exhibit 39: Market opportunity
  • Exhibit 40: Impact of drivers and challenges
  • Exhibit 41: Vendor landscape
  • Exhibit 42: Landscape disruption
  • Exhibit 43: Vendors covered
  • Exhibit 44: Vendor classification
  • Exhibit 45: Market positioning of vendors
  • Exhibit 46: AGCO Corp. - Vendor overview
  • Exhibit 47: AGCO Corp. - Product segments
  • Exhibit 48: AGCO Corp. - Organizational developments
  • Exhibit 49: AGCO Corp. - Geographic focus
  • Exhibit 50: AGCO Corp. - Segment focus
  • Exhibit 51: AGCO Corp. - Key offerings
  • Exhibit 52: Brohawk Group - Vendor overview
  • Exhibit 53: Brohawk Group - Product segments
  • Exhibit 54: Brohawk Group - Key offerings
  • Exhibit 55: CNH Industrial NV - Vendor overview
  • Exhibit 56: CNH Industrial NV - Business segments
  • Exhibit 57: CNH Industrial NV - Organizational developments
  • Exhibit 58: CNH Industrial NV - Geographic focus
  • Exhibit 59: CNH Industrial NV - Segment focus
  • Exhibit 60: CNH Industrial NV - Key offerings
  • Exhibit 61: Deere & Co. - Vendor overview
  • Exhibit 62: Deere & Co. - Business segments
  • Exhibit 63: Deere & Co. - Geographic focus
  • Exhibit 64: Deere & Co. - Segment focus
  • Exhibit 65: Deere & Co. - Key offerings
  • Exhibit 66: ISEKI & Co. Ltd. - Vendor overview
  • Exhibit 67: ISEKI & Co. Ltd. - Product segments
  • Exhibit 68: ISEKI & Co. Ltd. - Key offerings
  • Exhibit 69: Kubota Corp. - Vendor overview
  • Exhibit 70: Kubota Corp. - Business segments
  • Exhibit 71: Kubota Corp. - Geographic focus
  • Exhibit 72: Kubota Corp. - Segment focus
  • Exhibit 73: Kubota Corp. - Key offerings
  • Exhibit 74: KUHN Group - Vendor overview
  • Exhibit 75: KUHN Group - Product segments
  • Exhibit 76: KUHN Group - Organizational developments
  • Exhibit 77: KUHN Group - Key offerings
  • Exhibit 78: LEMKEN GmbH & Co. - Vendor overview
  • Exhibit 79: LEMKEN GmbH & Co. - Product segments
  • Exhibit 80: LEMKEN GmbH & Co. - Organizational developments
  • Exhibit 81: LEMKEN GmbH & Co. - Key offerings
  • Exhibit 82: Mahindra & Mahindra Ltd. - Vendor overview
  • Exhibit 83: Mahindra & Mahindra Ltd. - Business segments
  • Exhibit 84: Mahindra & Mahindra Ltd. - Organizational developments
  • Exhibit 85: Mahindra & Mahindra Ltd. - Geographic focus
  • Exhibit 86: Mahindra & Mahindra Ltd. - Segment focus
  • Exhibit 87: Mahindra & Mahindra Ltd. - Key offerings
  • Exhibit 88: YANMAR HOLDINGS Co. Ltd. - Vendor overview
  • Exhibit 89: YANMAR HOLDINGS Co. Ltd. - Product segments
  • Exhibit 90: YANMAR HOLDINGS Co. Ltd. - Organizational developments
  • Exhibit 91: YANMAR HOLDINGS Co. Ltd. - Key offerings
  • Exhibit 92: Validation techniques employed for market sizing
  • Exhibit 93: Definition of market positioning of vendors
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