As per a new research report by Maximize Market Research, the global market for Rotary Cutters is expected to exceed US $310.13 Million by the year 2027, from US $310.13 Million in 2020.
COVID-19 pandemic has shut down the production of various products in the rotary cutters industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of the rotary cutters market significantly from last few months, as is likely to continue during 2020. Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.
By product type, spindle rotary cutters is a major segment by market share of xx% in 2020 and is expected to reach US$ xx Mn by 2027
The growing demand for higher agricultural production along with the rapidly increasing need for land preparation are the major factors that are expected to drive the rotary cutters market growth. Moreover, the rising adoption of reliable, efficient, and less time-consuming equipment in agriculture is another factor positively affecting the rotary cutters market growth.
The report published by Maximize, along with various market dynamics, which could affect the market growth of Rotary Cutters in the region, the Value – Chain analysis, and the PORTER’s analysis for the Rotary Cutters at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, By Product Type (Spindle rotary cutters, Flex-wing rotary cutters) By End User (Agricultural, Commercial, Forestry, Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country – level analysis for the latest trends, along with the major key players- AGCO Corporation, Deere & Company, CNH Industrial N.V, Kubota Corporation, Alamo Group, Inc, Woods Equipment Co., Inc in the Rotary Cutters Market, across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Rotary Cutters Market”
https://www.maximizemarketresearch.com/market-report/rotary-cutters-market/122526/
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