Global Cotton Harvester Market 2018-2022 | Attainment of Optimal Yield Using Cotton Harvesters | Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181108005569/en/
Technavio analysts forecast the global cotton harvester market to grow at a CAGR close to 4% by 2022. (Graphic: Business Wire)
The advent of new technologies for cotton harvesters is one of the major trends being witnessed in the . Research on technologies for automating cotton harvesting with robots is ongoing. A part of research efforts deals with technologies and methods to distinguish cotton bolls from plants.
According to Technavio analysts, one of the key factors contributing to the growth of the global cotton harvester market is the increasing consumption of cotton and related products:
Global cotton harvester market: Increasing global consumption of cotton and related products
According to the USDA, global cotton consumption is expected to rise by 2% due to the increasing area of cotton farming in the cotton-producing countries such as Brazil during 2018-2019 as compared with 2017-2018. Cotton farming is increasing because of the declining cotton fiber prices and increased adoption of material over polyester by textile mills in countries such as China.
According to a senior analyst at Technavio, “The application of cotton include apparels such as T-shirts and shirts, trousers, dressers, and innerwear. It is also used for home furnishings such as in bed linens and industrial uses such as medical supplies, industrial thread, wall coverings, and zips”
Global cotton harvester market: Segmentation analysis
The global cotton harvester market research report provides market segmentation by product (pickers and strippers) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the two major products, the pickers segment held the largest market share in 2017, contributing close to 63% of the market. Pickers are extensively used due to their ability to clean pick cotton bolls. This product segment will dominate the global market throughout the forecast period.
APAC held the largest share of the market in 2017, accounting for close to 49% share. It was followed by the Americas and EMEA respectively. APAC had the highest share owing to the widespread adoption of mechanized cotton harvesting in Australia and increasing adoption in China and India.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at .
View source version on businesswire.com:https://www.businesswire.com/news/home/20181108005569/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
INDUSTRY KEYWORD: MANUFACTURING TEXTILES
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 11/08/2018 10:11 AM/DISC: 11/08/2018 10:11 AM