Product Code: ETC303744 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India rotary cultivator market demonstrated rapid expansion with a strong CAGR from 2020 to 2024. However, there was a slight slowdown in growth observed between 2023 and 2024. Overall, the market trend indicates significant momentum with a slight stabilization towards the end of the period.
India is one of the leading agriculturally based countries in the world and has a wide network of cultivators. With increasing population size, farmers need to use efficient agricultural tools like rotary cultivators to maximize their yield and productivity. India rotary cultivator market is expected to grow steadily due to its high efficiency in soil preparation, weed control, fertilization, pest management, and other activities related to crop cultivation. The demand for these machines will be further driven by government initiatives such as Pradhan Mantri Fasal Bima Yojana (PMFBY) that focus on higher yields for farmers through improved farm mechanization.
The key drivers of growth in India?s rotary cultivator market are rising farmer incomes from increased crop production; technological advancements that reduce operational costs; availability of attractive financing options for purchasing these machines; increasing awareness among India farmers about the benefits offered by using modern equipment; favorable government policies towards enhancing farm mechanization; and growing participation in competitive tenders/bids by international players offering quality products at competitive prices.
However, there are certain challenges faced when it comes to adoption and usage of this technology such as limited technical knowledge among operators regarding operation & maintenance requirements leading to improper utilization which results in poor performance or breakdowns during operations. High initial cost associated with purchasing new equipment also presents an obstacle for small-scale farmers who may not have access to loans or subsidies from financial institutions needed for making large investments into new machinery. Furthermore, lack of adequate spare parts across rural areas can lead to disruption or delays during repair works thereby affecting overall efficiency levels over time.
Due to COVID-19 restrictions imposed across various states resulting in closure of markets & disruptions along supply chains coupled with weak consumer sentiment has led decline sales volumes witnessed within Rotavator Market across India till date. In addition , availability labor shortages combined with decrease profitability margins amongst end users had further added woes.Nevertheless ,government measures taken towards ensuring better credit flow & providing subsidy support shall revive demand trajectory post relaxation period.
Major player operating within India Rotavator Market comprises ??Escorts Limited , KisanKraft Ltd., Sonalika International Tractors Ltd., Mahindra & Mahindra Ltd., John Deere Pvt ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Rotary Cultivator Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Rotary Cultivator Market Revenues & Volume, 2021 & 2031F |
3.3 India Rotary Cultivator Market - Industry Life Cycle |
3.4 India Rotary Cultivator Market - Porter's Five Forces |
3.5 India Rotary Cultivator Market Revenues & Volume Share, By Blade, 2021 & 2031F |
3.6 India Rotary Cultivator Market Revenues & Volume Share, By HP, 2021 & 2031F |
3.7 India Rotary Cultivator Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.8 India Rotary Cultivator Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Rotary Cultivator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of mechanized farming practices in India |
4.2.2 Government initiatives promoting the use of agricultural machinery |
4.2.3 Rising demand for high-efficiency and precision farming equipment |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with rotary cultivators |
4.3.2 Limited awareness and technical skills among farmers |
4.3.3 Fragmented land holdings leading to lower affordability for small-scale farmers |
5 India Rotary Cultivator Market Trends |
6 India Rotary Cultivator Market, By Types |
6.1 India Rotary Cultivator Market, By Blade |
6.1.1 Overview and Analysis |
6.1.2 India Rotary Cultivator Market Revenues & Volume, By Blade, 2021-2031F |
6.1.3 India Rotary Cultivator Market Revenues & Volume, By Below 12, 2021-2031F |
6.1.4 India Rotary Cultivator Market Revenues & Volume, By 13-20, 2021-2031F |
6.1.5 India Rotary Cultivator Market Revenues & Volume, By 21-30, 2021-2031F |
6.1.6 India Rotary Cultivator Market Revenues & Volume, By 31 & Above, 2021-2031F |
6.2 India Rotary Cultivator Market, By HP |
6.2.1 Overview and Analysis |
6.2.2 India Rotary Cultivator Market Revenues & Volume, By Below 35 HP, 2021-2031F |
6.2.3 India Rotary Cultivator Market Revenues & Volume, By 36-45 HP, 2021-2031F |
6.2.4 India Rotary Cultivator Market Revenues & Volume, By 46-55 HP, 2021-2031F |
6.2.5 India Rotary Cultivator Market Revenues & Volume, By 56-65 HP, 2021-2031F |
6.2.6 India Rotary Cultivator Market Revenues & Volume, By Above 65 HP, 2021-2031F |
6.3 India Rotary Cultivator Market, By Weight |
6.3.1 Overview and Analysis |
6.3.2 India Rotary Cultivator Market Revenues & Volume, By Below 380 Kgs, 2021-2031F |
6.3.3 India Rotary Cultivator Market Revenues & Volume, By 381-430 Kgs, 2021-2031F |
6.3.4 India Rotary Cultivator Market Revenues & Volume, By 431-480 Kgs, 2021-2031F |
6.3.5 India Rotary Cultivator Market Revenues & Volume, By 481-530 Kgs, 2021-2031F |
6.3.6 India Rotary Cultivator Market Revenues & Volume, By 531-560 Kgs, 2021-2031F |
6.3.7 India Rotary Cultivator Market Revenues & Volume, By Above 561 Kgs, 2021-2031F |
6.4 India Rotary Cultivator Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Rotary Cultivator Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.3 India Rotary Cultivator Market Revenues & Volume, By Others, 2021-2031F |
7 India Rotary Cultivator Market Import-Export Trade Statistics |
7.1 India Rotary Cultivator Market Export to Major Countries |
7.2 India Rotary Cultivator Market Imports from Major Countries |
8 India Rotary Cultivator Market Key Performance Indicators |
8.1 Adoption rate of mechanized farming practices in India |
8.2 Government subsidies allocated for the purchase of agricultural machinery |
8.3 Growth in agricultural productivity per hectare |
8.4 Farm income levels in regions where rotary cultivators are widely used |
8.5 Number of agricultural extension programs focused on educating farmers about modern farming equipment |
9 India Rotary Cultivator Market - Opportunity Assessment |
9.1 India Rotary Cultivator Market Opportunity Assessment, By Blade, 2021 & 2031F |
9.2 India Rotary Cultivator Market Opportunity Assessment, By HP, 2021 & 2031F |
9.3 India Rotary Cultivator Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.4 India Rotary Cultivator Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Rotary Cultivator Market - Competitive Landscape |
10.1 India Rotary Cultivator Market Revenue Share, By Companies, 2024 |
10.2 India Rotary Cultivator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |