According to a new market report published by Credence Research Inc “Potato Harvester Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the growing production and demand for potatoes across the world.
The purpose of the report is to illustrate the state of the market of Potato Harvesters, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The global market for potato harvesters is expected to witness a significant growth through the forecast period with rising demand for organic food across the world. This has increased the production of potatoes globally. Farmers are looking for advanced solutions in order to improve farm productivity and profit margins. This has increased the demand for potato harvesters in the last few years. This trend is expected to continue with improving farm income and further rising demand for organic food products. In addition, increasing mechanization of farm activities in Asia Pacific and African countries is also expected to spur the demand for potato harvesters from these regions.
Truck mounted potato harvester is the largest product category in term of both revenue and unit shipments in 2014. This segment is expected to witness significant demand from with rising mechanization farm activities in Asia Pacific, Latin America and Africa. Self-propelled potato harvester segment is predicted to be the fastest growing product category through the forecast period 2016 – 2022. Large size farmers are investing in advanced technologies in order to improve net yield and harvesting capacity of their farms. This is influencing the demand for self-propelled potato harvesters.
North America is largest regional market in terms of revenue for potato harvesters. However, Asia Pacific is the largest regional market in terms of volume. Asia Pacific is also expected to witness the fastest growth with increasing mechanization of farm activities particularly in India and China. India and China has huge potential for potato harvesters as majority of farmers are still using traditional methods for harvesting potatoes. However, rising awareness about benefits of these technologies and rising income level farmers are investing in advanced technologies to improve productivity of their farms.
The global potato harvesters market comprises limited number of manufacturers and industry is dominated by recognized players from North America and Europe. Some major players in the global market are Spudnik Equipment Company LLC, Lockwood, Double L, The Grimme group and Advanced Farm Equipment, LLC (LENCO).
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Potato Harvesters buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Potato Harvesters contains:
Analysis and forecast of Potato Harvesters market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Potato Harvesters market;
Assessment and forecast of Potato Harvesters market development;
Financial and business profiles of the leading companies in the Potato Harvesters industry.
– Up to date working Potato Harvesters data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Potato Harvesters for the period 2018 to 2026
– Planned Potato Harvesters additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Potato Harvesters projects by region, key countries, and companies
– Details of major planned Potato Harvesters projects in the world up to 2026
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