Global Rotary Cutters Market 2018-2022
About this market
To deliver efficient performance in the agricultural field, components of rotary cutters must undergo regular maintenance and operated carefully. There is an increasing demand for energy efficient rotary cutters which will help farmers in reducing their operating costs. Rotary cutter manufacturers are offering innovative designs of rotary cutters that provide improved durability. Additional shield in some rotary cutters prevent the wear and tear of related parts. The total maintenance cost of the rotary cutters decreases due to the addition of such innovative features. For instance, Deere & Company offers rotary cutters with a patented double deck design which provides additional strength and reduces deck rust. It also increases the operating life in harsh conditions for these rotary cutters. Similarly, other companies such as Alamo Group and KUBOTA are offering rotary cutters with unique features that enhances the durability and reliability of their products and protects them from wear and abrasion. Thus, the growing preference for rotary cutters with cost-saving features is identified as a key trend driving the growth of the market during the forecast period. Technavio’s analysts have predicted that the rotary cutters market will register a CAGR of almost 4% by 2022.
Increasing need for faster land preparation for agriculture
Land preparation is the process of clearing the agricultural land from grass, stones, and other obstacles. This process helps in providing necessary conditions for farming and improves agricultural production. Rotary cutters are one of the most important tools used for land preparation. Rotary cutters limit the loss of top soil during land preparation. Rotary cutter vendors are offering products with innovative features which reduces the equipment damage from stumps, rocks and other objects. Rotary cutters help in fast land preparation for agriculture which is driving the growth of the market during the forecast period.
High risk of hazards associated with rotary cutters
Rotary cutters rotate at high speeds and objects such as bottles, stones, pieces of root and other debris can damage the equipment and affect the cutter’s performance. These objects might also injure other laborers and operators in the field. Improper handling and irregular maintenance of the equipment may also cause PTO entanglement. These risks associate with handling of rotary cutters are hindering the growth of the market.
For the detailed list of factors that will drive and challenge the growth of the rotary cutters market during 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including AGCO, and Alamo Group the competitive environment is quite intense. Factors such as the growing need for faster land preparation for agriculture, will provide considerable growth opportunities to rotary cutter manufacturers. AGCO, Alamo Group, CNH Industrial, Deere & Company, KUBOTA, and Woods Equipment are some of the major companies covered in this report.
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