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Rotary Rake Market: Global opportunity analysis and industry forecast, 2020-2027

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Sep 2020 | 67 Views
 
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Rotary Rake Market Outlook - 2027

Rotary rake is a machine by which farmers can form the windrows so that it will help to dry the hay in less time. Rotary rake is an important machine in agriculture sector. Windrow is a line of hay which has been cut by using rotary rake. After the hay is dried completely, it is then used as a food for the animals such as cattle, cows and buffalos. There are different types of rotary rake machine, such as single rotor rotary rakes, multi rotor rotary rakes.  Rotary rakes can be used to cut any kind of crops such as heavy crop and light crop. As, agriculture is an important sector and because of more of use technology the demand for rotary rake is expected to increase during the forecast period.

 

Market scope and structure

                  Report Metric

                              Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

Application, product type, waste type and Region

  Companies covered

Major players analyzed include Pottinger Agricultural Technology, Krone NA, Inc., Enorossi Company, Sitrex Company,  KUHN Group, CNH Industrial N.V., Kubota Corporation, H&S Manufacturing Co., Inc., AGCO Corporation, Deere & Company

 

Regions covered

North America

Europe

Asia-Pacific

LAMEA

U.S., Canada and Mexico

Germany, France, UK, Italy, Spain and the Rest of Europe

China, Japan, India, South Korea and the Rest of Asia Pacific

Latin America, Middle East and Africa

 

 

 

 

 

 

 

 

COVID-19 scenario analysis:

  • The demand for rotary rake is expected to decrease in the year 2020 due to low demand from agriculture industry. 
  • COVID-19 pandemic has shut-down the production of various products in the rotary rake industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of rotary rake market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of corona virus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors:

Rotary rake is a useful equipment for the farmers. Dairy farming is one of the rising sector across the globe. Therefore there is rise in demand for rotary rake from the dairy farmers. It is require for the animals such as buffalos, cows that they get forage of good quality so that their health should not be affected.

New product development:

Many companies are trying to invest in research and development of rotary rake. Key players in rotary rake market such as CNH New Holland technology, Vermeer have launched new products in the rotary rake market which are more advanced and technically equipped products as compare to their previous products. Companies are using better quality components which are made by using good quality materials and also by using new technology so as to get the better output from the machine.  Companies are developing the products with the help of hydraulic lift adjustments which are helping to improve the performance of the machine.

In January 2020, US based manufacturer of industrial and agriculture equipment, Vermeer Company has launched technically advanced version named as R2300 and R2800. These rotary rakes are more advanced than the previous products of the company. 

R2300 and R2800 rotary rakes come with a twin basket rakes. These rotary rakes have been built for the high capacities raking widths such as 20 ft. to 24 ft. and it can be used to cut the windrow in the varying from 4ft to 7ft. R 2300 and R 2800 rotary rake are developed to deliver the output effectively and with maximum efficiency. These rotary rakes are easy for maintenance as components of these rotary rakes are made up of good quality materials. Also the tines of R2300 and R2800 are rubber mounted so that it requires minimum maintenance and servicing time required is also less. In R2300 and R280, the rake width can be changed hydraulically so as to get maximum raking efficiency. R2300 has the feature of adjusting the raking action of the basket according to the different types of crops. These R2300 and R2800 rotary rakes can be used for different types of crops such as wet crops and dry crops.

Agriculture sector in North American countries such as U.S. and Canada is developing. There is an increasing demand for the various farming machineries. Hence, North America is considered to be an important region for the growth of rotary rake market. Further, Rise in demand for good quality forage for dairy farming could be the factor for the growth of rotary rake market.

Restraining factors for the growth of rotary rake market:

There are different machineries are available which are used for the hay purpose. Hence, the number of substitutes available for cutting of hay, could be the restraining factor for the growth of rotary rake market.
Also high cost of rotary rake due to the advancement in the machine could stop the farmers from using rotary rake. This could also be the reason which can hinder the growth of rotary rake market during the forecasting period.

Key segments covered:

                    Segments

                        Sub-segments

 

 

 

  Type of rotor

 

  • Single Rotor Rakes
  • Double Rotor Rakes
  • Four Rotor Rakes

 

 

 

  Application

 

  • Dairy farming
  • Agro farming

 

 

 

  Type of crop

 

  • Heavy crop
  • Light crop

 

 

Key benefits of the report:

  • This study presents the analytical depiction of the rotary rake market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
  • The report provides a detailed rotary rake market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
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