Global Windrower Market 2018-2022 | Windrowers With Precision Agriculture Tools to Boost Demand | Technavio
LONDON--(BUSINESS WIRE)--Oct 11, 2018--The global windrower market 2018-2022 is expected to post a CAGR of close to 4% during the forecast period, according to the latest market research report by .
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Technavio predicts the global windrower market to post a CAGR of close to 4% by 2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the need to reduce grain losses. The profitability of grain producers is highly dependent on the quality of the grain. Grain loss is one of the major challenges faced by many grain producers. Windrowers help in reducing grain losses in agricultural fields, by rapidly drying grain until the moisture content reaches the level that is suitable for threshing and harvesting.
This market research report on the 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.
In this report, Technavio highlights the demand for windrowers with precision agriculture tools as one of the key emerging trends in the global windrower market:
Global windrower market: Demand for windrowers with precision agriculture tools
The vendors in the global windrower market focus on introducing technologically advanced equipment to ensure added benefits for operators. The incorporation of tools like autosteering in windrowers ensures higher production.
“The autosteering feature in self-propelled windrowers plays a key role in reducing operator fatigue and thus, improves the quality of crop production. The system also enables the operators to run the windrower consistently at a specific speed and allows them to complete the windrowing operation in less time and less fuel,” says a senior analyst at Technavio.
Global windrower market: Segmentation analysis
This market research report segments the global windrower market by product (self-propelled windrower and pull-type windrower) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with an incremental market growth of more than 36%, followed by APAC and EMEA respectively. The APAC region also experienced an incremental growth close to that of the Americas owing to the rising agricultural activities.
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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
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INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE
SOURCE: Technavio Research
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PUB: 10/11/2018 12:08 PM/DISC: 10/11/2018 12:08 PM