Product Code: ETC303984 | 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 rakes market import shipments demonstrated robust expansion with a high CAGR from 2020-2024. The growth rate accelerated notably between 2023 and 2024, indicating increasing market momentum and sustained upward trend throughout the period.
The India rotary rakes market is expected to witness steady growth in the forecast period. Rotary rakes are essential agricultural equipment used for hay and forage harvesting. The market growth is driven by the increasing adoption of modern farming practices, which emphasize efficiency and productivity. Rotary rakes offer advantages like uniform and rapid hay drying, leading to better forage quality. As the agriculture sector continues to modernize, the demand for rotary rakes is likely to rise. Additionally, government initiatives to support the agricultural sector and improve farm mechanization are expected to further boost the market for rotary rakes in India.
The India rotary rakes market is poised for substantial growth, driven by several key drivers. One of the primary drivers is the growing mechanization of agriculture and the increasing adoption of modern farming techniques. Rotary rakes offer efficient and effective hay and forage gathering, helping farmers improve productivity and reduce labor requirements. Moreover, government initiatives to promote agricultural mechanization and improve farm productivity are propelling the demand for rotary rakes. Subsidies and financial incentives for purchasing agricultural equipment are encouraging farmers to invest in rotary rakes. Additionally, the need for efficient and time-sensitive forage harvesting, especially during the crop season, is driving the demand for rotary rakes. These machines enable quick and uniform forage collection, ensuring timely preservation and storage of fodder for livestock.
The India rotary rakes market faces specific challenges that may impact its growth prospects. One of the primary challenges is the traditional preference for manual or traditional raking methods in certain agricultural practices. Some farmers may prefer using manual labor or traditional rakes, especially in small-scale agricultural operations, leading to a slower uptake of rotary rakes. Moreover, the price sensitivity of small and medium-sized farmers can be a challenge for the rotary rakes market. These farmers may find it challenging to allocate resources for purchasing expensive rotary rakes, leading them to opt for manual alternatives. Additionally, the diversity of crops and agricultural practices in India may pose a challenge for rotary rake manufacturers. Designing rakes that can efficiently handle various crop types and field conditions requires customization and flexibility, adding complexity to the manufacturing process.
The India rotary rakes market is experiencing growth as the agriculture sector seeks efficient and time-saving hay and forage equipment. This market`s outlook is driven by factors such as the increasing demand for rotary rakes in agricultural and livestock operations, the growth of mechanized farming practices, and the adoption of rotary rakes for their ability to handle various crop types. Additionally, the development of advanced rotary rake designs and the rising focus on precision raking and improved crop yield are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in agricultural activities and supply chain challenges. However, it is expected to recover with the resumption of farming operations and the need for modern and efficient agricultural equipment.
The India rotary rakes market is witnessing significant growth as the agriculture sector adopts modern farming equipment. This market`s outlook is driven by factors such as the increasing need for efficient and labor-saving hay and crop raking solutions, the growth of the mechanization of agriculture, and the adoption of rotary rakes for their ability to handle various crops and terrain types. Additionally, the development of tractor-mounted and PTO-driven rotary rakes and the rising focus on precision farming and crop quality are further contributing to market growth. Key players in this market include AGCO Corporation, CLAAS India Private Limited, Deere & Company, KUHN S.A., and Vermeer Corporation.
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 Rakes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Rotary Rakes Market Revenues & Volume, 2021 & 2031F |
3.3 India Rotary Rakes Market - Industry Life Cycle |
3.4 India Rotary Rakes Market - Porter's Five Forces |
3.5 India Rotary Rakes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Rotary Rakes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Rotary Rakes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of mechanization in agriculture sector in India |
4.2.2 Rising demand for high-quality fodder and forage in livestock farming |
4.2.3 Government initiatives promoting farm mechanization and modern agricultural practices |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with rotary rakes |
4.3.2 Limited awareness and access to advanced agricultural equipment in rural areas of India |
4.3.3 Lack of skilled labor for operating and maintaining rotary rakes |
5 India Rotary Rakes Market Trends |
6 India Rotary Rakes Market, By Types |
6.1 India Rotary Rakes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Rotary Rakes Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Rotary Rakes Market Revenues & Volume, By Single Rotor Rotary Rakes, 2021-2031F |
6.1.4 India Rotary Rakes Market Revenues & Volume, By Multi-Rotor Rotary Rakes, 2021-2031F |
6.2 India Rotary Rakes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Rotary Rakes Market Revenues & Volume, By Heavy Crops, 2021-2031F |
6.2.3 India Rotary Rakes Market Revenues & Volume, By Light Crops, 2021-2031F |
7 India Rotary Rakes Market Import-Export Trade Statistics |
7.1 India Rotary Rakes Market Export to Major Countries |
7.2 India Rotary Rakes Market Imports from Major Countries |
8 India Rotary Rakes Market Key Performance Indicators |
8.1 Average utilization rate of rotary rakes in agricultural operations |
8.2 Adoption rate of rotary rakes compared to traditional raking methods |
8.3 Efficiency improvement percentage achieved by using rotary rakes |
8.4 Average repair and maintenance downtime of rotary rakes |
8.5 Percentage of farmers trained in operating rotary rakes. |
9 India Rotary Rakes Market - Opportunity Assessment |
9.1 India Rotary Rakes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Rotary Rakes Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Rotary Rakes Market - Competitive Landscape |
10.1 India Rotary Rakes Market Revenue Share, By Companies, 2024 |
10.2 India Rotary Rakes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |