Global Rotary Rakes Market: Introduction
A rotary rake is a type of agricultural rake, equipped with well-formed windrows. These rakes are used to harvest crops at peak nutritional value and to help hay dry faster. Rotary rakes come with attached long flexible tines. These tines are helpful in lifting and depositing hey neatly into the windrow. Rotary rakes are a newer design of hey rakes. These rakes are commonly used in Europe, and less frequently seen in the U.S. and Canada.
Global Rotary Rakes Market: Competitive Landscape
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Established in 1990, AGCO Corporation is based in Duluth, Georgia, U.S. It engages in manufacturing and distribution of agricultural equipment and replacement parts. The company’s products include forage equipment, hay tools, self-propelled sprayers, tractors, combines, implements, seeding and tillage equipment, and grain storage as well as protein production systems. It operates through the following regions: North America, South America, Europe and Middle East, and Asia Pacific and Africa.
Deere & Company
Founded in 1837, Deere & Company is based in Moline, Illinois, U.S. It involves in manufacturing and distribution of equipment used in forestry, construction, agriculture, and turf care. The company operates through the following segments: Construction and Forestry, Agriculture and Turf, and Financial Services. Its portfolio comprises agriculture and turf equipment, service parts and other outdoor power products, and machines and service parts used in earthmoving, construction, timber harvesting, and material handling. It markets its products through a worldwide network of distributors and dealers.
CNH Industrial N.V.
Incorporated in 2012, CNH Industrial N.V. is based in London, U.K. It designs, produces and sells agricultural equipment and commercial vehicles. It operates through the following business segments: Agricultural Equipment, Commercial Vehicles, Construction Equipment, Powertrain and Financial Services. CNH serves customers in Europe, Middle East & Africa, North America, Asia Pacific, and Latin America.
Established in 1890, Kubota Corporation is based in Osaka, Osaka Prefecture, Japan. The company engages in manufacturing of farm machinery and heavy equipment. The company’s products include tractors and agricultural equipment, vending machines, construction equipment, pipe, cast metal, engines, valves, sewage treatment and air conditioning, pumps, and equipment for water purification.
H&S Manufacturing Co., Inc.
Incorporated in 1967, H&S Manufacturing Co., Inc. is located in Marshfield, Wisconsin, U.S. The company is specialized in manufacturing and selling of self-unloading forage boxes to farm equipment dealers.
Some of the significant players in the global rotary rakes market are POTTINGER Agricultural Technology, Krone NA, Inc., Enorossi Company, Sitrex Company, and KUHN Group.
Global Rotary Rakes Market: Dynamics
Increase in Demand for Quality Forages among Dairy Farmers
Expansion of the rotary rakes market can be attributed to the increasing demand for quality forages among dairy farmers. Dairy farmers increasingly demand quality forages for maintaining competitiveness in dairy industry across several countries. Numerous organizations in various countries have started the expansion of their dairy farms which drives the demand for good quality forages. For instance, a Thailand based vendor, Dairy Farming Promotion Organization (DPO), has announced their plan to expand production capacities. These dairy farm expansions involve the import of livestock such as cattle along with building of farms which enhances the demand for quality forages. This growing demand for quality forages is expected to drive the global rotary rakes market as these rakes have a significant influence on the production of quality forages.
Availability of Substitutes to Hamper Market
Several types of hay rakes are available in the market that can be used in agricultural fields. Substitutes of rotary rakes include side delivery rakes, V rakes, and wheel rakes. The easy availability of these hay rakes is anticipated to adversely impact the global rotary rakes market in the near future.
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Global Rotary Rakes Market: Segmentation
The global rotary rakes market can be segmented based on:
Global Rotary Rakes Market Segmentation – By Type
Based on type, the global rotary rakes market can be classified into:
- Single Rotor Rotary Rakes
- Multi-Rotor Rotary Rakes
Global Rotary Rakes Market Segmentation – By Application
Depending on application, the global rotary rakes market can be divided into:
- Heavy Crops
- Light Crops
The report on the global rotary rakes market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The rotary rakes market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on global rotary rakes market segments and geographies.
Regional analysis of the global rotary rakes market includes:
- North America
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South America
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.