Market Overview:
The global cultivator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food owing to the growing population, and rising awareness about cultivation practices among farmers across the globe. In addition, technological advancements in cultivators are also propelling the growth of this market. On the basis of type, rigid models accounted for a major share of the global cultivator market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 due to its low maintenance cost and durability as compared with other types of cultivators available in the market. Hydraulic folding type is expected to be one of fastest growing segments during forecast period due its ability offer high precision while working on small plots or areas with limited space availability . On basis application, farm segment dominated global cultivator market with more than 60% share in 2017 and it is projected grow at CAGR 6 %during 2018-2030 .
Product Definition:
A cultivator is a tool that is used for tilling the soil. It has a number of spikes or blades that are dragged through the soil to break it up and prepare it for planting.
Rigid Models:
Rigid models are used to represent real-world objects in software and hardware systems. They have gained popularity among farmers as they help them understand the behavior of their equipment, such as tractors and harvesters. Rigid models can be either physical or logical, depending on the level of reality desired for a particular application.
Hydraulic Folding:
Hydraulic folding is a technique where the cultivator's blade is bent or rolled up into the body of the machine. The advantage of hydraulic folding over manual rolling is that only a small force needs to be applied for this operation, and it can be done without any tools. Also, in case of hydraulic folding there are no risks involved in damaging any component as all components including wheels, tires and blades are inside the mainframe.
Application Insights:
The farm application segment accounted for the largest revenue share of over 60% in 2017. The demand for cultivators in this segment is high as they are used to prepare the soil for sowing seeds or transplanting. Additionally, these products are also used to smooth and level the soil surface, which helps improve seed germination and plant growth subsequently driving market growth.
The garden application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing consumer spending on home improvement projects including installing new equipment such as lawn mowers and weed eaters among other gardening tools. Furthermore, rising awareness regarding healthy eating habits coupled with an increase in disposable income has resulted in an increased number of consumers opting for a garden space at their homes which further propels market growth over the forecast period.
Others include commercial applications such as farmsites, golf courses.
Regional Analysis:
Asia Pacific dominated the global cultivator market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for small and large tractors from various agricultural activities including tillage, horticulture, and field cultivation. Furthermore, rising disposable income of consumers coupled with government initiatives such as “Housing for All by 2022†initiative implemented by India's prime minister Narendra Modi is expected to drive the regional product demand over the forecast period.
North America held a substantial share in 2017 due to high adoption of technologically advanced equipment among farmers across U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for organic food products: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of organic food among consumers. Cultivators who focus on producing organically grown crops can benefit from this trend.
- Urbanization and changing demographics: The trend of urbanization is leading to an increase in the number of people living in cities, where there is a lack of space for traditional farming methods. This has led to an increase in demand for vertically integrated cultivators who can provide fresh produce within city limits. Additionally, the changing demographics (such as an aging population) are also contributing to the growth of the cultivator market as they are increasingly looking for healthy and convenient meal options.
- Technological advancements: Advancements in technology have made it possible for cultivators to adopt precision agriculture techniques that help them optimize their production processes while minimizing wastage. Additionally, technological innovations such as blockchain technology and Internet-of-Things (IoT) are helping cultivators track their produce throughout the supply chain, thus ensuring quality control and better traceability practices .This helps build trust among consumers about where their food comes from and how it was produced .
- . Growing popularity of home gardening: Home gardening is becoming increasingly popular due to its many benefits such as reducing stress levels, improving mental health, providing exercise opportunities etc.).
Scope Of The Report
Report Attributes
Report Details
Report Title
Cultivator Market Research Report
By Type
Rigid Models, Hydraulic Folding, Others
By Application
Farm, Garden, Others
By Companies
Kverneland AS, King Kutter, NorTrac, Field Tu, Kelley Manufacturing, Great Plains Ag, TROY-BILT, Agri Supply, Tiansheng, Tarter, Kverneland AS, Wotian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Cultivator Market Report Segments:
The global Cultivator market is segmented on the basis of:
Types
Rigid Models, Hydraulic Folding, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Farm, Garden, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kverneland AS
- King Kutter
- NorTrac
- Field Tu
- Kelley Manufacturing
- Great Plains Ag
- TROY-BILT
- Agri Supply
- Tiansheng
- Tarter
- Kverneland AS
- Wotian
Highlights of The Cultivator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid Models
- Hydraulic Folding
- Others
- By Application:
- Farm
- Garden
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cultivator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cultivator is a farming tool that helps farmers cultivate crops.
Some of the major companies in the cultivator market are Kverneland AS, King Kutter, NorTrac, Field Tu, Kelley Manufacturing, Great Plains Ag, TROY-BILT, Agri Supply, Tiansheng, Tarter, Kverneland AS, Wotian.
The cultivator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cultivator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cultivator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cultivator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cultivator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cultivator Market Size & Forecast, 2020-2028
4.5.1 Cultivator Market Size and Y-o-Y Growth
4.5.2 Cultivator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rigid Models
5.2.2 Hydraulic Folding
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Farm
6.2.2 Garden
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cultivator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cultivator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rigid Models
9.6.2 Hydraulic Folding
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Farm
9.10.2 Garden
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rigid Models
10.6.2 Hydraulic Folding
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Farm
10.10.2 Garden
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rigid Models
11.6.2 Hydraulic Folding
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Farm
11.10.2 Garden
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rigid Models
12.6.2 Hydraulic Folding
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Farm
12.10.2 Garden
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rigid Models
13.6.2 Hydraulic Folding
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Farm
13.10.2 Garden
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cultivator Market: Competitive Dashboard
14.2 Global Cultivator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kverneland AS
14.3.2 King Kutter
14.3.3 NorTrac
14.3.4 Field Tu
14.3.5 Kelley Manufacturing
14.3.6 Great Plains Ag
14.3.7 TROY-BILT
14.3.8 Agri Supply
14.3.9 Tiansheng
14.3.10 Tarter
14.3.11 Kverneland AS
14.3.12 Wotian
