Global Rotary Rakes Market 2018-2022
About this market
The growing popularity of rotary rakes with large working widths to gain traction. Hay raking is considered an essential hay production operation. Raking has an influence on hay quality, plant regrowth, and irrigation efficiency. The number of rotary passes required in a field is determined by the working widths offered by rotary rakes. Technavio’s analysts have predicted that the rotary rakes market will register a CAGR of over 5% by 2022.
Growing demand for quality forages among dairy farmers
Vendors worldwide such as the Dairy Farming Promotion Organization (DPO) in Thailand have proclaimed to expand production capacities. Such expansions will involve the import of cattle and farm building, which will drive demand for quality forages.
Increasing availability of substitutes
Several types of hay rakes, available in the market, can be used in agricultural fields. This includes wheel rakes, rotary rakes, V rakes, and side delivery rakes. The easy availability of these rakes is expected to adversely affect the market growth.
For the detailed list of factors that will drive and challenge the growth of the rotary rakes market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including KUHN, and POTTINGER the competitive environment is quite intense. Factors such as the growing popularity of rotary rakes with large working widths and the growing demand for quality forages among dairy farmers, will provide considerable growth opportunities to rotary rakes manufactures. AGCO, CNH Industrial, Deere & Company, KUBOTA, KUHN, and POTTINGER are some of the major companies covered in this report.
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