Rotavator
Global Rotavators Market to Reach $1.8 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Rotavators estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at aCAGR of 2.9% over the period 2020-2027. C Type Rotavators, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the L Type Rotavators segment is readjusted to a revised 2.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $437.5 Million, While China is Forecast to Grow at 2.7% CAGR
The Rotavators market in the U.S. is estimated at US$437.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$326.4 Million by the year 2027 trailing a CAGR of 2.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
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