LONDON--(BUSINESS WIRE)--The global soil aerators market 2018-2022 is expected to post a CAGR of more than 8% during the forecast period, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the rising focus on agriculture mechanization. Agricultural mechanization is an integral part of the modernization of agriculture. Agricultural mechanization is the process of using agricultural machinery to ensure timeliness of farm operations and increase the quality of production. Many governmental organizations across the world are actively supporting farm mechanization in their respective countries, mainly to increase food productivity.
This market research report on the global soil aerators market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the influx of advanced features in soil aerators as one of the key emerging trends in the global soil aerators market:
Global soil aerators market: Influx of advanced features in soil aerators
Various manufacturers of soil aerators have been focusing on adding different features to their equipment to achieve product differentiation. For instance, Deere & Company offers Aercore 1500, which is equipped with a simple belt-drive system and a large diameter roller. The simple belt drive system is made of fiberglass reinforced belts that do not require lubrication and provide a quiet, smooth operation. The large diameter roller provides better ground clearance and reduces the potential for turf scuffing in undulating areas.
“Salford Group offers AerWay aerators with features such as Greens Express smoothing roller. The Greens Express smoothing rollers allow the operators to lift the roller completely off the ground and leave the aeration holes open, thus ensuring the smooth percolation of water into the ground. The availability of such machinery with advanced features is likely to spur market growth during the forecast period,” says a senior analyst at Technavio for research on agricultural equipment.
Global soil aerators market: Segmentation analysis
This market research report segments the global soil aerators market by application (agriculture and non-agriculture), by product (core aerators and spike aerators) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with a market share of more than 47%, followed by EMEA and APAC respectively. The market in the region is mainly driven by the presence of prominent vendors in soil aerators market. These vendors are introducing new products in the region, which are aimed at improving their product portfolio and competitive advantages.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market sizing
- 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
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