Market Overview:
The global plow shares market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for agricultural equipment, rising population and subsequent increase in food demand, and technological advancements in agricultural equipment. The global plow shares market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into bolt-on plow shares, reversible plow shares, and others. Bolt-on plows are attached to a moldboard by means of bolts or pins that pass through holes drilled in both pieces; reversible share blades can be turned around so that they present an edge suitable for either pushing snow or soil forward (in which case it is called a “landside”), or turning over earth backward (a “furrowside”). Others include weld-on share blades which are permanently attached by welding them onto the blade body and slip-on share blades which fit over standard blade bodies without any fasteners. On the basis of application, the market is segmented into commercial applications such as farming & agriculture sector; civil applications such as construction & infrastructure sector; and others including mining & forestry sector among others.
Product Definition:
Plow shares are the metal blades that attach to the front of a tractor and cut into the soil as it is pulled forward. They are important because they help to break up the soil and prepare it for planting.
Bolt-on:
Bolt-on is a method of increasing the share value of a company by buying newly issued stock. The new shares are usually purchased through an initial public offering (IPO) or through purchases made by private investors. Bolt-on acquisitions have been occurring more frequently in recent years as companies seek to expand their businesses and increase their market capitalization without selling off key assets or incurring significant debt.
Reversible:
Reversible is a platform that helps farmers to sell plow shares. It provides an online marketplace for farmers and local businesses to buy or sell reversible plowshare transactions. Reversible was launched in 2015 by Plowshares Fund, a Boston-based investment firm focused on supporting agriculture and food systems. The company has raised funding from various venture capitalists including First Round Capital, O’Reilly Alpha Tech, Battery Ventures, March Capital Venture Management Services LLC among others.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The growing construction and infrastructure sector across the globe is expected to be a key factor for product demand in this segment. A large number of projects under different stages of development are expected to drive the growth of this industry, thereby supporting product demand over the forecast period.
Plow shares for civil applications are primarily used on farms and agricultural fields where soil preparation is required before any kind of cultivation or farming activities can take place. In addition, these products are also used on small patches or gardens where one person can do the work easily owing to its lightweight design with easy maneuverability and control at high speeds as compared to other types of machinery available in market at present time.
The others application segment includes construction sites, industrial areas etc., Plow shares for such applications need not be heavy duty as they are only required to get tough surfaces from soft soil like mud or clay etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large agricultural sector, which makes it an attractive regional market for plow shares. China accounted for more than 30% of global share by revenue in 2017 owing to heavy investments made by Chinese government in agriculture development. In addition, India is also anticipated to witness significant growth due to increasing adoption of modern farming techniques coupled with favorable government initiatives such as “Pradhan Mantri Kisan Samman Nidhi†(PMKSN) scheme that provides interest-free loans at low rates of interest on seeds and fertilizers. North America region is projected to grow at a lucrative rate over the forecast period owing to increased demand from U.S.
Growth Factors:
- Increasing demand for organic food: 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.
- Rising disposable income: A growing number of consumers in developing countries are now able to afford premium-priced organic foods, which is driving the growth of the Plow Shares market.
- Growing demand for convenience foods: Consumers are increasingly looking for convenient and healthy meal options, which is benefiting the Plow Shares market.
- Proliferation of e-commerce platforms: Online platforms are providing a convenient way for consumers to purchase Plow Shares products, thereby aiding in the growth of this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plow Shares Market Research Report
By Type
Bolt-on, Reversible, Others
By Application
Commercial, Civil, Others
By Companies
Nuova Cancelli, Aktaslar Agricultural Machinery, Terra TungsTen, Unirol, AGRICARB, La Piña, Digger Tools
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Plow Shares Market Report Segments:
The global Plow Shares market is segmented on the basis of:
Types
Bolt-on, Reversible, 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
Commercial, Civil, 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:
- Nuova Cancelli
- Aktaslar Agricultural Machinery
- Terra TungsTen
- Unirol
- AGRICARB
- La Piña
- Digger Tools
Highlights of The Plow Shares 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:
- Bolt-on
- Reversible
- Others
- By Application:
- Commercial
- Civil
- 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 Plow Shares 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?
Plow shares are a type of security issued by agricultural companies. They represent an ownership stake in the company's plows and other farming equipment.
Some of the major players in the plow shares market are Nuova Cancelli, Aktaslar Agricultural Machinery, Terra TungsTen, Unirol, AGRICARB, La Pi±a, Digger Tools.
The plow shares 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 Plow Shares 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 Plow Shares Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plow Shares 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 Plow Shares 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 Plow Shares Market Size & Forecast, 2020-2028
4.5.1 Plow Shares Market Size and Y-o-Y Growth
4.5.2 Plow Shares 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 Bolt-on
5.2.2 Reversible
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 Commercial
6.2.2 Civil
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plow Shares 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 Plow Shares 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 Bolt-on
9.6.2 Reversible
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 Commercial
9.10.2 Civil
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 Bolt-on
10.6.2 Reversible
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 Commercial
10.10.2 Civil
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 Bolt-on
11.6.2 Reversible
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 Commercial
11.10.2 Civil
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 Bolt-on
12.6.2 Reversible
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 Commercial
12.10.2 Civil
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 Bolt-on
13.6.2 Reversible
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 Commercial
13.10.2 Civil
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 Plow Shares Market: Competitive Dashboard
14.2 Global Plow Shares Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nuova Cancelli
14.3.2 Aktaslar Agricultural Machinery
14.3.3 Terra TungsTen
14.3.4 Unirol
14.3.5 AGRICARB
14.3.6 La Piña
14.3.7 Digger Tools
