Global Plowing and Cultivating Machinery Market to Reach $14.2 Billion by 2026
SAN FRANCISCO, Oct. 5, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Plowing and Cultivating Machinery - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 17; Released: April 2021
Executive Pool: 2092
Companies: 122 - Players covered include AGCO Corporation; Bush Hog Inc.; CNH Industrial N.V.; Deere & Company (John Deere); Dewulf NV; Horsch Maschinen GmbH; Iseki & Co. Ltd.; Kuhn Group; Kverneland Group; LEMKEN Gmbh & Co. KG and Others.
Coverage: All major geographies and key segments
Segments: Segment (Plowing and Cultivating Machinery)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Plowing and Cultivating Machinery Market to Reach $14.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Plowing and Cultivating Machinery estimated at US$10 Billion in the year 2020, is projected to reach a revised size of US$14.2 Billion by 2026, growing at a CAGR of 5.8% over the analysis period.
The U.S. Market is Estimated at $2.9 Billion in 2021, While China is Forecast to Reach $2.9 Billion by 2026
The Plowing and Cultivating Machinery market in the U.S. is estimated at US$2.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2026 trailing a CAGR of 8.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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