Global Cotton Harvester Market 2018-2022
About Cotton Harvester
Cotton harvesters collect lint from cotton bolls and the harvesters are of two types, strippers and pickers. The strippers type strips the entire plant of both open and unopened cotton bolls, while the pickers are divided into handheld, self-propelled, and tractor mounted pickers.
Technavio’s analysts forecast the Global Cotton Harvester Market to grow at a CAGR of 3.54% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the cotton harvester market. To calculate the market size, the report considers the revenue generated from the sale of cotton harvesters across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Cotton Harvester Market 2018-2022
Technavio recognizes the following companies as the key players in the global cotton harvester market: CNH Industrial, ColhiCana Agricultural Machinery, Deere & Company, Gomselmash, and Hubei Fotma Machinery.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the emergence of new technologies. The four-row picker was introduced in the 1980s while the six-row picker was introduced in the 1990’s, and since then new technologies have emerged that have resulted in increased use of cotton harvesters.”
According to the report, one driver influencing this market is the increasing consumption of cotton and related products. The global consumption of cotton is expected to rise by 2% during 2018-2019 compared to previous year owing to the increasing area of cotton farming in countries such as Brazil. Cotton farming is increasing due to the declining cost of cotton fiber and growing adoption of cotton over polyester material, which will augment the size of the global cotton harvester market.
Further, the report states that one challenge affecting this market is the limitation of cotton harvesters. Cotton harvesters can be broadly categorized into pickers and strippers and the limitations of cotton harvesters might impact the growth of the market.
ColhiCana Agricultural Machinery
Deere & Company
Hubei Fotma Machinery