NEW YORK, May 18, 2021 /PRNewswire/ -- The "Agricultural Rollers Market by Product and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering.
The agricultural rollers market is poised to grow by USD 285.80 million between 2021-2025, progressing at a CAGR of over 1% during the forecast period.
To enhance the physical and chemical properties of soil, residues such as straw and leaves are incorporated in it at an adequate level. Residue management helps in the conservation of carbon and mitigates the emission of greenhouse gas (GHG) into the atmosphere. It can also help reduce erosion, improve soil quality, maintain soil moisture, and reduce nutrient run-off. Agricultural rollers can be used to push down rocks, level the ground, and break down residue for harvest. Agricultural rollers also shatter the root ball structure of crops, which aid in the residue decomposition. The growth of the market will be positively impacted by the agricultural rollers on residue management.
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COVID-19 is expected to have Negative and Inferior impact on market growth. Even if the spread of virus is contained, we expect it to take more than two quarters (six months) to reach a normal state of economic activity. In the short term, the market demand will show At Par growth.
50% of the market's growth will originate from APAC during the forecast period. China is the key market for agricultural rollers market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The agricultural rollers market growth in APAC can be attributed to the presence of government initiatives that support sustainable agricultural practices.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Know About the Key Opportunities and Growth of Agricultural Rollers Market in Agricultural & Farm Machinery Industry
https://www.technavio.com/report/agricultural-rollers-market-industry-analysis
The agricultural rollers market is segmented by product (hydraulic and non-hydraulic) and geography (Europe, APAC, North America, South America, and MEA).
Compared to non-hydraulic agricultural rollers, hydraulic agricultural rollers are easy to operate. The increasing availability of hydraulic agricultural rollers is expected to drive the growth of the global agricultural rollers market during the forecast period.
The agricultural rollers market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market.
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