Market Scope and Structure Analysis
Yard scraper is an agriculture and construction development hardware, which is utilized for compost scratching in open stock yards. Yard scrubbers Theyare planned and created to join on farm vehicle loaders, forklift, and others and they likewise offer more prominent benefits over the traditional and lighter duty scrapers. Scrapers are generally used as removing gravel, stones or other hard materials from ground surface and therefore. They are specially designed for excavation purpose as well and hence rise in construction task are expected to provide lucrative growth opportunities in the yard scraper market during the forecast period. However, yard scrapers are attached to tractor loaders and various other machinery which increases fuel consumption, and further reduces the efficiency of tractor loaders. This increases the running cost of yard scraper as compared to automated scraper system, which in turn limits the growth of this sector.
Yard scarper was invented to scrape rough surfaces and to allow for the fast removal of bulk materials such as carbon, snow, and sand while cleaning floors, yards, and snow ploughs. Various machinery cars such as forklifts, skid steers, and tractor loaders are often employed in different sectors such as agriculture and construction for clean floors or courtyards. This is yet another major aspect that is predicted to drive the demand for yard scrapers during the forecast period.
COVID-19 Impact analysis
- COVID-19 pandemic has shut down the production of various products in the yard scraper industry attributed to the lockdown in countries worldwide. This has hampered the growth of yard scraper market from the last few months and is likely to continue during 2021.
- COVID-19 has already affected the sales of yard scraper in the first quarter of 2021 and is anticipated to cause a negative impact on the market growth throughout the year.
- The major demand for yard scraper was previously noticed from giant manufacturing countries, like North America, Europe, Asia Pacific, South America, which are negatively affected by the spread of the coronavirus, thereby declining the demand for yard scraper.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Yard scraper manufacturers can afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID-19 health crisis.
- Yard scraper manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce.
Top Impacting Factors
There has been an upsurge in construction undertakings across the world. The increase in demand for yard scraper in several construction and agricultural places is expected to boost the growth of the global yard scraper market during the forecast period. Scraping uneven or rough surfaces, in addition to scraping flat surfaces, is gaining popularity due to the time-consuming and labor-intensive nature of the job. Increase in investment in the construction industry and urbanisation especially in India and China has paved way for significant growth opportunities. However, high running cost of tractor loader increases fuel consumption which is expected to hinder the yard scraper market growth.
- Due to increase in construction and agriculture sector, few key players are expanding and helping to build infrastructure through various construction efforts. For instance, in April 2021, Caterpillar Inc. is helping build infrastructure through efforts like road building in Ivory Coast in Southern West Africa. Hence, increase in infrastructure will provide lucrative growth towards yard scraper market.
- For efficient use of resources, many key players are launching machinery and equipment to increase the productivity with safety. For instance, UK based Murray Machinery LTD. has launched 7’6” Muck Fork- Pin and Cone in May 2021 which is collected by local farmer to utilized in agricultural sectors. Also, Murray Machine LTD. has delivered Full Spec 3m Grader machine in May 2021.
- Similarly, competitors in the yard scraper market adopted acquisition as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in June 2021, CNH Industrial N.V. has acquired Raven Industries, Inc. to build its product portfolio in global agricultural equipment by adding strong innovation capabilities in agricultural technology and equipment.
Key Benefits of the Report:
- This study presents the analytical depiction of the yard scraper industry 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 yard scraper share.
- The current market is quantitatively analyzed to highlight the yard scraper growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed yard scraper analysis based on competitive intensity and how the competition will take shape in coming years.
Yard Scraper Market Report Highlights
| Aspects | Details |
 By Product Type |
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 By Attachment Type |
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 By Application |
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 By Region |
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 Key Market Players | CNH Industrial N.V, Browns Agricultural, Caterpillar, Inc., Fleming Agri-Products, Multec Engineering, Kemp Machines, Nugent Engineering, CAM Attachements, Whites Material Handling, Murry Machinery, IAE Agricultural |
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