Global Soil Aerators Market - 2022-2029

Global Soil Aerators Market - 2022-2029

Market Overview

Soil aerators are the type of devices that are utilized in the peak of the burgeoning season of the plants for fact recovery. This process is used to enhance the plant and helps it to recover fast. The shrinking arable land across the globe acts as one of the major factors driving the growth of soil aerators market. Furthermore, the shift of farmers towards organic farming and use of automation in agricultural machinery to ensure timeliness of farm operations and to fulfill the consumer demands is influencing the market growth. Moreover, the rise in usage of various forms of biological products, growth in organic sector, rise in deployment of integrated pest management solutions, and the surge in incidences of pollutions is increasing the demand soil aerators. In addition to this, the innovations in soil aerator extends profitable opportunities to the market players in the forecast period.

The global soil aerators market was valued at USD YY million in 2021. It is forecasted to reach USD YY million by 2029, growing at a CAGR of 6.85% during the forecast period (2022-2029).

Market Dynamics: Increasing focus on agriculture mechanization is driving the growth of the market

Growing agricultural mechanization is one of the integral parts of modernization. Mechanization is basically the process of using automation in agricultural machinery to ensure timeliness of the farm operations, thereby improving the production quality.

In addition, growing importance of soil aeration and rising demand for mechanization of farming operations is expected to boost the demand for soil aerators over the forecast timeline. Also, improving the seedbed of the soil by fine crushing, destroying weeds and cutting the crop residues, by conserving the moisture and reduces the evaporation, and breaking soil lumps improves the soil condition for germination and seeding. Thus, demand for soil aerators is anticipated to witness steady growth for the market.

Furthermore, mechanization of farm leads to an agricultural production volume. Thus, the mechanization has increased the agricultural production and productivity. For instance, according to agrifarming, a survey conducted in India reveals that the productivity per hectare is higher in a mechanized farm than that of non-mechanized farms. In addition, the increased awareness about the increased labor productivity due to mechanization that adds to the growth of the market.

However, the lack of awareness regarding soil aerators and fragmented and small land holdings will restrain the usage of heavy farm equipment, thereby restraining the industry over the forecast period.

Market Segmentation: Agriculture stand for the highest share in global soil aerators market

In 2021, the agriculture segment had the highest revenue share of YY percent. Soil aerators are mostly used in agriculture industry to increase the fertility & productivity of the soil along with its nutrient content and evaluation of suitability of the soil for the crop. These benefits of soil aerators enable the farmers to work on soil aerators to get the expected results in crops which ultimately adds to the growth of the agriculture segment in the market. In addition, the growing food processing & food service sectors which demands nutritious crops also adds to the growth of the segment.

Geographical Penetration: North America is the dominating region during the forecast period

In 2021, North America had the highest revenue share of YY percent. The region has well-developed food, industrial and agricultural sectors which increases the demand for aerators to and adds to the growth of the market. For instance, in 2020, according to USDA the global production of farm & farm products was $145.7 billion. The growth in this region is attributed to presence of prominent vendors who aim to improve their product portfolio in the soil aerators market. In addition, rising professional landscaping services in countries such as the U.S. and Canada is anticipated to drive the demand for soil aerators over the forecast timeline.

Competitive Landscape:

The global soil aerators market is competitive and comprises players such as Deere and Company, CNH industrial, AGCO Corporation, Alamo Groups Inc, Mahindra &Mahindra Ltd, Bucher, Buhler Industries Inc, Salford grupu inc, Evers Agro and Zappator S.R.L., among others. The soil aerators market competitiveness is estimated to increase over the forecast period as the key players focus on various strategies such as advertisement of increased soil fertility, soil productivity and increased production and increased the awareness about the benefits of soil aerators and the increased crop productivity due to the aerators and mechanization in agricultural industry.

For instance,
• AGCO, Agriculture Company, acquired JCA Industries, Inc. who is a leader in the development of autonomous software for agricultural machines, implement controls and electronic system components.

COVID-19 Impact: Negative impact on global soil aerators market

The COVID-19 pandemic has adversely affected the economies of various countries due to lockdowns, business close, and travel bans. Agriculture is one of the key industries suffered from intense disruptions such as restrictions on the supply chain and the shutdown of warehouse plants. In addition, the shutdowns of the companies, farms, and production & cultivation facilities in various countries have disrupted the whole supply chains. This has negatively impacted manufacturing activities, delivery schedules, and various goods sales. Furthermore, multiple companies have already announced possible delays in product deliveries and a decline in future sales of the products.

Furthermore, the cultivation and production of the crops was also restricted for some period and also there was a restriction on sell of the current crops as well which ultimately stopped the production of the crops that ultimately reduced the demand and production of aerators has negatively affected the soil aerators market during the pandemic. Moreover, the import-export restrictions imposed by governments in various regions such as North America, Asia, and Europe are hindering geographical expansion, business collaboration and partnership opportunities. Thus, these factors are hindering the growth of the soil aerators market in the agriculture industry.

The global soil aerators market report would provide an access to approximately 53 market data tables, 40 figures and 172 pages.