QY Research has published the new industry research of the “Global Subsoiler Industry Research Report, Growth Trends and Competitive Analysis 2018-2025” The report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.
Los Angeles, CA -- (SBWIRE) -- 01/11/2019 -- This study focuses on the production side and consumption side of Subsoiler, presents the global Subsoiler market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Subsoiler capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Subsoiler by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A subsoiler is a tillage equipment that is used to break up compacted soil to improve the setting for growing crops. The subsoiler can plow about 2 feet into the soil.
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The latest trend gaining momentum in the market is the increased price of fuel. The increasing use of alternative fuels is one of the emerging trends spurring this market's growth prospects in the coming years. Agricultural machinery works on fuel such as diesel and petrol. With the continuous increase in prices of these fuels, the farmers are increasingly focusing on the use of alternative fuels such as lubricant oils. For example, petroleum-based lubricants are being replaced with oil-based bio-lubricants. Although bio-lubricants are priced higher, they are increasingly preferred by farmers owing to the several benefits associated with their use, such as durability of fuel engine, low operating cost, and easy maintenance of machinery.
APAC is estimated to be the major revenue contributor to the market by 2023. The region had witnessed immense government support such as in the form of subsidies, incentives, and regulations to support agricultural development. This support is in the form of credit which has enabled farmers and vendors to invest in subsoilers.
The Subsoiler market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Subsoiler.
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This report includes the following manufacturers; we can also add the other companies as you want.
Deere & Company
Great Plains Manufacturing
Minos Agricultural Machinery
Market Segment by Product Type
Market Segment by Application
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