DUBLIN--(BUSINESS WIRE)--The "Soil Aerators Market by Equipment Type (Secondary Tillage, Primary Tillage, Weeding, Aerating), Application (Agriculture, Non-Agriculture), Mechanism (Mechanical, Pneumatic), Mode Of Operation (Mounted, Trailed), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The soil aerators market is estimated to be valued at USD 24.03 Billion in 2018 and is projected to reach USD 33.01 Billion by 2023, at a CAGR of 6.6% during the forecast period.
The market is driven by the global increase in mechanization in farming, shrinking arable land, growth in net farming income, and rapid increase in commercial & residential space, leading to the growing demand for landscaping.
The soil aerators market, based on equipment, has been segmented into secondary tillage, primary tillage, weeding, and soil aerating. The market for soil aerating is projected to grow at the highest CAGR between 2018 and 2023. Growth in the sports industry from countries such as the US, China, India, Australia, Italy, Spain, and Germany; expansions in the commercial and residential areas; and rising living standards are driving the soil aerating segment.
The soil aerators market, by mode of operation, has been segmented into mounted, trailed, and others. The mounted segment is estimated to dominate the market in 2018 and is projected to grow at a higher CAGR by 2023. This can be attributed to the low turnaround time, higher accuracy, and availability of large land holdings for cultivation, specifically in North America and Europe.
The soil aerators market, by application, has been segmented into agriculture and non-agriculture. The soil aerators market, by application, was dominated by the agriculture segment in 2018. The dominance of agriculture in soil aerators is attributable to the increase in large-scale holdings of farmers in most developed countries and an increasing trend of farm mechanization in developing countries. The rapid increase in population growth and increasing demand for food, with the shrinking arable land, are expected to drive the soil aerators market growth.
- Shrinking Arable Land
- Population Growth and Increase in Demand for Food
- Increase in Residential and Commercial Landscaping
- Increase in Net Farm Income Due to Mechanization
- Shift Toward Organic Farming
- Small and Fragmented Land Holding Restricting the Usage of Heavy Farm Equipment
- Innovations in Soil Aerator Types
- Lack of Awareness of Soil Aerators
- Rise in No-Tillage Farming in the US
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Soil Aerators Market, By Equipment Type
7. Soil Aerators Market, By Mechanism
8. Soil Aerators Market, By Mode Of Operation
9. Soil Aerators Market, By Application
10. Soil Aerators Market, By Region
11. Competitive Landscape
12. Company Profiles
- Deere & Company
- CNH Industrial N.V.
- Agco Corporation
- Alamo Group Inc.
- Mahindra & Mahindra Ltd.
- Bucher Industries Ag
- Buhler Industries Inc.
- Lemken Gmbh & Co. Kg
- Salford Group, Inc.
- Evers Agro B.V.
- Vanmac B.V.
- Great Plains Manufacturing, Inc.
- Selvatici SRL
- Orthman Manufacturing, Inc.
- Zappator SRl
For more information about this report visit https://www.researchandmarkets.com/research/zh34vx/global_soil?w=4