(MENAFN- Ameliorate Digital Consultancy)
The need for harvester equipment has a significant impact on the demand for mulching heads, including both new sales and retrofits. By 2032, the market value of excavators with mounting equipment is anticipated to be US$195 million. In addition, it is anticipated that during the upcoming years, the production of industrial round wood will moderately expand globally, primarily due to an increase in global residential building and an increase in paper output in developing nations.
Due to the growth of the infrastructure and construction sectors, the South Asia & Oceania region, which had a market share of 19% in 2021, is expected to advance at a CAGR of 7.7% in the coming years. Due to a high rate of technology adoption, the North American region had a market value of about US$ 123 Mn at the end of 2021.
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In 2022, the market for mulching heads is anticipated to reach US$ 521 Mn. According to thorough industry analysis, the market is anticipated to grow at a CAGR of 6.6% and reach a value of US$ 936 Mn by 2032.
Key Companies Profiled
Picursa Plaisance Equipements PRINOTH AG Tierre Group S.r.l VENTURA MÁQUINAS FORESTALES Beri Udyog Pvt. Ltd. Fieldmaster Maschio Gaspardo Raina Agrico SARON MECHANICAL WORKS Tirth Agro Technology Pvt. Ltd. TK Agro Industries Weifang Yisen Machinery Co., Ltd. Bobcat
What insights does this research provide to readers?
The report gives information in the emerging market in the Mulching Heads industry across the world. The markets that are expected to overtake the major economies in terms of economic growth in the coming decade are highlighted in the report. The updates given in the report are with the impact of Covid-19 on the Mulching Heads industry. The report has also studied how the vaccination rollouts have impacted the Mulching Heads market and its individual economies. The report includes some key threats that may hamper the growth of the market and strategies to survive the threats. The report presents the average annual GDP growth rates of the global Mulching Heads markets for the year 2022-2032. Internal, and external challenges and future growth opportunities to the market players in the Mulching Heads market are included in the report.
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Why are Tractor Mulchers as Mounting Equipment Highly Demanded?
One of the primary causes driving demand for mulching heads used for landscaping and mowing is the rising popularity of landscaping and mowing services due to the need to provide a superior aesthetic aspect to residential and commercial gardens and lawns.
As opposed to Asia and the Middle East and Africa, more land is covered by gardens and lawns in developed economies like North America and Europe. For instance, a study by the National Aeronautics and Space Administration (NASA) found that turf grass covers around 63,000 square kilometres of land in the United States.
The rising rate of urbanisation and civilisation in North America and Europe is also driving the demand for landscaping. In cities, municipal entities spend a lot of money on garden and landscaping maintenance.
Segments Covered in Mulching Heads Industry Research
by Drive Type:
Direct Drive Mulchers Belt Drive Mulchers
by Carrier Capacity :
Up to 10 Tons 10 – 20 Tons 20 – 30 Tons 30 – 40 Tons Above 40 Tons
by Mounting Equipment Capacity :
Up to 100 HP 100 – 200 HP 200 – 300 HP 300 – 400 HP Above 400 HP
by Max. Shredding Diameter:
Below 25 cm Mulching Heads 25 – 40 cm Mulching Heads Above 40 cm Mulching Heads
by Max. Cutting Width :
Up to 48 Inch Mulching Heads 48-56 Inch Mulching Heads Above 56 Inch Mulching Heads
by Mounting Equipment:
Skid Steer Loaders Compact Track Loaders Excavators Tractors
by Region :
North America Latin America Europe East Asia South Asia & Oceania Middle East & Africa (MEA)
According to Fact MR provides an overview of the market's size based on key regions, end-user applications, products, and kinds. The Mulching Heads Market Covers research then delves into the profiles of the major players, including their growth strategies, pricing policies, profit margins, and analyses of their value chains and production processes. The knowledge contained in this report serves as a solid foundation for the projections made over the forecast period.
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