Product Code: AG8002
Overview
Global Harrow Market reached US$ 382.5 million in 2022 and is expected to reach US$ 533.63 million by 2030, growing with a CAGR of 4.25% during the forecast period 2023-2030.
The global harrow market has witnessed significant growth and transformations over the years, farmers are highly adopting this equipment for soil preparations as it helps to break up the clumps of soil and prepare a seedbed for planting, which helps in enhancing the nutrient, and water absorption in crop, and helps in improving the crop productivity. Hence, such factors help in driving the global harrow market.
Furthermore, manufacturing companies are launching innovative products to attract larger consumer bases, for instance, in October 2021, Pottinger launched Lion 1002 C power harrow. The 1002 C series is designed for PTO speeds between 750 and 1300 rpm, with a working width of 6.0 meters, this equipment ensures the tractor runs with an optimum performance range.
The disc harrow equipment accounts for the maximum share, as well as Asia-Pacific region dominates the world share, as the government in this region provides schemes for the adoption of advanced machinery which can help in increasing the market and adoption rate for the global harrow market.
Dynamics
Rising Demand For Effective Soil Preparation Equipment
Efficient soil preparation is crucial for maximizing agricultural productivity, which is leading farmers to widely adopt harrow machinery. These implements effectively break up soil clumps, level the ground, and establish a conducive seedbed for planting. This process enhances seed germination and fosters overall crop growth.
Furthermore, Manufacturing companies show a strong emphasis on the development of this product. For instance, in October 2023, KUHN Farm Machinery launched a new folding 4.5m HR 4530 RCS power harrow, it can be used for new seeding units for different crops and full hydraulic adjustment, offering flexibility for seedbed preparation and drilling in a variety of conditions. Hence, such products can help in increasing the market growth.
Advancements In Agriculture Technology
These advanced harrow equipment can work in challenging conditions efficiently, and also, effectively carry out soil preparation, and weed control, and contribute to the overall improvement of agricultural practices. Hence, the advancements in agriculture technology can significantly drive the global harrow market
Furthermore, as the demand for advanced equipment is increasing among farmers, manufacturers are launching innovative products, for instance, in September 2023, Lemken company launched a thulit, a weeder harrow, the thulit tines are set with a line spacing of 31.25mm to prevent obstruction. Tine bearings that are stable, true-to-track, and wear-free provide effective weed removal. Hence, such products can help in boosting the market growth.
High Initial and Maintenance Cost
The high maintenance is restraining the global two-ram balers market, advanced harrow types of equipment require high capital investments, and the operation involves substantial energy consumption, also, they might require skilled labor for operating, which can limit the adoption rate for harrow equipment, which can hamper the market growth.
Segment Analysis
The global harrow market is segmented based on type, technology, product, tractor power, application and region.
Rising Demand for Soil Preparation with Disc Harrows
The disc harrows segment accounts for the largest share in the global harrows market, as they have a series of concave cutting discs mounted on a common shaft that performs effectively in breaking and mixing the soil, and also, help control weeds by cutting and uprooting weed seedlings. This helps in improving the soil structure and crop productivity.
Furthermore, manufacturing companies of these equipment are launching products to expand their portfolios, for instance, in September 2023, Lemken company launched a new compact disc harrow Rubin10/1000 model with a diameter of 645mm it also has EU-wide road approval for speeds of up to 40km/h. at Innov-Agri farm machinery show in France. Hence, such products can help in increasing the market growth.
Geographical Penetration
Government Support
Asia-Pacific has been a dominant force in the global harrow market, farmers in this region are highly adopting harrow equipment for soil preparations as they effectively break down the clumps of soil prepare a soil bed for plantation, and also help enhance crop productivity hence, such factors can help in driving the global harrow market.
Furthermore, the government in this region provides different schemes to help small-scale farmers to adopt advanced machinery, the government of India provided a Sub Mission on Agricultural Mechanization (SMAM) scheme, under this scheme, farmers can avail subsidy on machines such as Power Harrow, Potato Planter, and others.
Competitive Landscape
The major global players in the market include Tirth Agro Technology Private Limited., Baldan, AMCO Manufacturing Company, Ritchie Bros. Auctioneers, SMS CZ, Beri Udyog Pvt Ltd., Remlinger Manufacturing., McFarlane Ag Manufacturing, Machino Agriculture Implements Private Limited, and Agrimir Ltd.
COVID-19 Impact Analysis
The pandemic has brought unprecedented challenges for worldwide industries including the harrow market as well, many manufacturing companies have shut down many nations implementing lockdowns, disruptions in supply chains, and a decline in economic activities, this has impacted the economy and consumer adoption rate.
By Type
- Spring Harrows
- Roller Harrow
- Chain Harrow
- Disc Harrows
- Others
By Technology
- Manual
- Semi-Automatic
- Automatic
By Product
- Reciprocating Power Harrow
- Horizontal rotation Power Harrow
- Vertical rotation Power Harrow
By Tractor Power
- Less than 60HP
- 60HP-120HP
- 120HP- 160HP
- More than 160HP
By Application
By Region
- North America
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- In July 2021, Burel Group acquired a majority stake in Frandent Group, The Frandent manufactures rotary harrows from 3.00 m to 8.00 m in size for the SULKY brand.
- In March 2023, Mahindra & Mahindra Ltd.'s (M&M) Farm Equipment Sector (FES) acquired MITRA Agro Equipment's Private Ltd. (M.I.T.R.A) by increasing its shareholding from the existing 47.33% to 100%, making it a wholly owned subsidiary of M&M. Post-acquisition by M&M, M.I.T.R.A plans to accelerate the expansion of its product portfolio alongside its network in India and overseas markets.
- In December 2023, Linamar Corp. acquired Bourgault Industries Ltd. of St. Brieux, Saskatchewan, Canada, expanding its Industrial segment and adding seeding equipment to its existing range of agriculture equipment.
Why Purchase the Report?
- To visualize the global harrow market segmentation based on type, technology, product, tractor power, application, and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of harrow market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global harrow market report would provide approximately 78 tables, 75 figures, and 187 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
Table of Contents
Table of Contents
1.Methodology and Scope
- 1.1.Research Methodology
- 1.2.Research Objective and Scope of the Report
2.Definition and Overview
3.Executive Summary
- 3.1.Snippet by Type
- 3.2.Snippet by Technology
- 3.3.Snippet by Product
- 3.4.Snippet by Tractor Power
- 3.5.Snippet by Application
- 3.6.Snippet by Region
4.Dynamics
- 4.1.Impacting Factors
- 4.1.1.Drivers
- 4.1.1.1.Rising Demand for Effective Soil Preparation Equipment
- 4.1.1.2.Advancements in Agriculture Technology
- 4.1.2.Restraints
- 4.1.2.1.High Initial and Maintenance Cost
- 4.1.3.Opportunity
- 4.1.4.Impact Analysis
5.Industry Analysis
- 5.1.Porter's Five Force Analysis
- 5.2.Supply Chain Analysis
- 5.3.Pricing Analysis
- 5.4.Regulatory Analysis
- 5.5.DMI Opinion
6.COVID-19 Analysis
- 6.1.Analysis of COVID-19
- 6.1.1.Scenario Before COVID
- 6.1.2.Scenario During COVID
- 6.1.3.Scenario Post COVID
- 6.2.Pricing Dynamics Amid COVID-19
- 6.3.Demand-Supply Spectrum
- 6.4.Government Initiatives Related to the Market During Pandemic
- 6.5.Manufacturers Strategic Initiatives
- 6.6.Conclusion
7.By Type
- 7.1.Introduction
- 7.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2.Market Attractiveness Index, By Type
- 7.2.Spring Harrows*
- 7.2.1.Introduction
- 7.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3.Roller Harrow
- 7.4.Chain Harrow
- 7.5.Disc Harrows
- 7.6.Others
8.By Technology
- 8.1.Introduction
- 8.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
- 8.1.2.Market Attractiveness Index, By Technology
- 8.2.Manual*
- 8.2.1.Introduction
- 8.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3.Semi-Automatic
- 8.4.Automatic
9.By Product
- 9.1.Introduction
- 9.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.1.2.Market Attractiveness Index, By Product
- 9.2.Reciprocating Power Harrow*
- 9.2.1.Introduction
- 9.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3.Horizontal rotation Power Harrow
- 9.4.Vertical rotation Power Harrow
10.By Tractor Power
- 10.1.Introduction
- 10.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Tractor Power
- 10.1.2.Market Attractiveness Index, By Tractor Power
- 10.2.Less than 60HP*
- 10.2.1.Introduction
- 10.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3.60HP-120HP
- 10.4.120HP- 160HP
- 10.5.More than 160HP
11.By Application
- 11.1.Introduction
- 11.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.1.2.Market Attractiveness Index, By Application
- 11.2.Farmland*
- 11.2.1.Introduction
- 11.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 11.3.Pasture
- 11.4.Others
12.By Region
- 12.1.Introduction
- 12.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 12.1.2.Market Attractiveness Index, By Region
- 12.2.North America
- 12.2.1.Introduction
- 12.2.2.Key Region-Specific Dynamics
- 12.2.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 12.2.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
- 12.2.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 12.2.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Tractor Power
- 12.2.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 12.2.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 12.2.8.1.U.S.
- 12.2.8.2.Canada
- 12.2.8.3.Mexico
- 12.3.Europe
- 12.3.1.Introduction
- 12.3.2.Key Region-Specific Dynamics
- 12.3.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 12.3.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
- 12.3.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 12.3.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Tractor Power
- 12.3.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 12.3.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 12.3.8.1.Germany
- 12.3.8.2.UK
- 12.3.8.3.France
- 12.3.8.4.Italy
- 12.3.8.5.Russia
- 12.3.8.6.Rest of Europe
- 12.4.South America
- 12.4.1.Introduction
- 12.4.2.Key Region-Specific Dynamics
- 12.4.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 12.4.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
- 12.4.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 12.4.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Tractor Power
- 12.4.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 12.4.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 12.4.8.1.Brazil
- 12.4.8.2.Argentina
- 12.4.8.3.Rest of South America
- 12.5.Asia-Pacific
- 12.5.1.Introduction
- 12.5.2.Key Region-Specific Dynamics
- 12.5.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 12.5.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
- 12.5.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 12.5.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Tractor Power
- 12.5.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 12.5.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 12.5.8.1.China
- 12.5.8.2.India
- 12.5.8.3.Japan
- 12.5.8.4.Australia
- 12.5.8.5.Rest of Asia-Pacific
- 12.6.Middle East and Africa
- 12.6.1.Introduction
- 12.6.2.Key Region-Specific Dynamics
- 12.6.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 12.6.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
- 12.6.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 12.6.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Tractor Power
- 12.6.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13.Competitive Landscape
- 13.1.Competitive Scenario
- 13.2.Market Positioning/Share Analysis
- 13.3.Mergers and Acquisitions Analysis
14.Company Profiles
- 14.1.Tirth Agro Technology Private Limited.*
- 14.1.1.Company Overview
- 14.1.2.Product Portfolio and Description
- 14.1.3.Financial Overview
- 14.1.4.Key Developments
- 14.2.Baldan
- 14.3.AMCO Manufacturing Company
- 14.4.Ritchie Bros. Auctioneers
- 14.5.SMS CZ
- 14.6.Beri Udyog Pvt Ltd.
- 14.7.Remlinger Manufacturing.
- 14.8.McFarlane Ag Manufacturing
- 14.9.MACHINO AGRICULTURE IMPLEMENTS PRIVATE LIMITED
- 14.10.Agrimir Ltd.
LIST NOT EXHAUSTIVE
15.Appendix
- 15.1.About Us and Services
- 15.2.Contact Us