Drip Irrigation Market in the Developing Regions is Well-Positioned for Strong Growth in the Coming Years The Drip irrigation Market is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of …

Energy Efficient Motor Market Surge Towards Solid Growth in Near Future

Energy Efficient Motor Market

The global energy efficient motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors driving the growth of the energy-efficient motor market are energy savings and …

Industrial Vehicles Market | Here’s All You Need to Know

Industrial Vehicles Market

The global Industrial Vehicles Market is projected to grow from USD 43.7 billion in 2022 to USD 54.3 billion by 2027, at a CAGR of 4.5%. Factors such as the growing freight & logistics sector, in conjunction with the rising demand for autonomous solutions in …

Farm Equipment Rental Market to Showcase Continued Growth in the Coming Years

The farm equipment rental market is estimated to account for a value of USD 46.8 billion in 2020 and is projected to grow at a CAGR of 7.3% from 2020, to reach a value of USD 66.4 billion by 2025. The global market is projected to witness …

Farm Equipment Market Projected to Reach $126 Billion by 2027

Farm Equipment Market

The report “Farm Equipment Market by Tractor Power Output (<30, 31-70, 71-130, 131-250, >250HP), Tractor Drive Type, Autonomous Tractor, Electric Tractor (Hybrid, Electric), Farm Equipment (Combine, Baler, Sprayer), Implement, Rental & Region – Global Forecast to 2027” The global farm equipment market is projected to grow …

Farm Equipment Market Predictions Exhibit Massive Growth by 2025

Farm Equipment Market

The global Farm Equipment Market is projected to reach USD 113,012 million by 2025 from an estimated USD 92,214 million in 2020, declining at a CAGR of 4.2% during the forecast period, mainly due to attractive government policies to farmers in the form of loan waivers, credit …

Energy Efficient Motor Market – Insights and Trends

Energy Efficient Motor Market

The global Energy Efficient Motor Market is projected to reach USD 41.6 billion by 2023 from USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors driving the growth of the energy efficient motor market are energy savings …

Smart Harvest Market Analysis by Site of Operation, Component, Crop Type and Region

The smart harvest market is projected to reach USD 15.6 billion by 2023, from USD 9.0 billion in 2018, at a CAGR of 11.81% during the forecast period. The rise in population has led to increased food demand, which in turn has led to increased …

Agricultural Pumps Market Opportunities and Global Forecast

The global agricultural pumps market size is estimated to grow from USD 4.2 billion in 2020 and is projected to reach USD 6.1 billion by 2025, at a CAGR of 7.6% during the forecast. The increasing adoption of modern techniques of irrigation in developing countries, the …

Adoption of Farm Mechanization and Other Smart Agriculture Techniques to Drive the Smart Harvest Market

The smart harvest market is projected to reach USD 15.6 billion by 2023, from USD 9.0 billion in 2018, at a CAGR of 11.81% during the forecast period. The rise in population has led to increased food demand, which in turn has led to increased …

Necessity to Increase Food Production and Shrinking Arable Land has Increased the Demand for Processed Seeds

Process equipment market for seed industry includes processed seed market and seed processing equipment market. The processed seed market is estimated at USD 56.07 Billion in 2017 and is projected to reach USD 91.32 Billion by 2022, at a CAGR of 10.2% from 2017. On …

Mounted Bearing Market–Growth Factors | Global Leaders

Mounted Bearing Market

The Global Mounted Bearing Market size is projected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 5.8%. A mounted unit is typically a ball or roller bearing set into a housing. These units can be …

North America is Expected to Account for the Largest Share of the Autonomous Tractors Market

The global autonomous tractors market is projected to witness demand for 12,508 Units in 2019 and 60,901 Units by 2025, at a CAGR of 24.89%. The growth of the market is expected to be driven by the improved efficiency and productivity of crop yield offered …

Asia Pacific is projected to dominate the tractor implements market by 2023

The tractor implements market is estimated to account for USD 57.3 billion in 2018 and is projected to reach USD 76.1 billion by 2023, at a CAGR of 5.84% during the forecast period. High labor cost in the agriculture industry and the need to prevent …