Agricultural Shredder Machine Market by Product Type (Flail Mowers and Shredders, Rotary Cutters, Grooming Mowers), by Automation Grade (Automatic, Semi-Automatic), by Business Type (Original Equipment Manufacturer (OEM), Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2031.
The agricultural shredder machine market size was valued at $1.58 billion in 2021, and is estimated to reach $2.38 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.
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Increase in awareness about the importance of innovative farming methods in agriculture sector is one of the major factors for the growth of the agriculture shredder machine market. In addition, the use of these equipment saves time and manual labor, which increase the efficiency and productivity. Furthermore, in developing nations, the seldom usage of agrarian shredders and cutters lead to the adoption of new technologies limiting the agricultural shredder machine market growth.
Agricultural shredders are used to shred agricultural farm waste both dry and wet, so that it can be recycled into organic manure by shredding it into small pieces and decomposing it. The shredded & pulverized waste can be used as organic manure on the field to enhance the moisture content and fertility of the soil, while reducing the need for chemical fertilizers. These agricultural shredders are ideal for shredding agricultural waste, farm waste, and garden waste.
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Top Runners:
Diamond Mowers, LLC, Bertolini, Woods Equipment Co., Inc., Iseki & Co., Ltd., BERI UDYOG PRIVATE LIMITED, Deere & Company, Mahindra & Mahindra Limited, Brown Manufacturing Corporation, Kubota Corporation, Alamo Group, Daedong Industrial Co., Ltd, Changzhou Dongfeng Agricultural Machinery Group Co., Ltd, Landoll Company, LLC, BEFCO, Inc, Bobcat Company, AGCO Corp., JC Bamford Excavators Limited
KEY FINDINGS OF THE STUDY
- The report provides an extensive analysis of the current and emerging global agricultural shredder machine market trends and dynamics.
- Depending on product type, the rotary cutters segment has dominated the agricultural shredder machine market, in terms of revenue in 2021 and flail mowers and shredders system is projected to grow at a significant CAGR during the forecast period.
- By automation grade, the semi-automatic segment has registered highest revenue in 2021.
- Asia-Pacific is projected to register highest growth rate in the coming years.
- The key players within the global agricultural shredder machine market analysis are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the agricultural shredder machine industry.
- The agricultural shredder machine market forecast analysis from 2022 to 2031 is included in the report.
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