Rotavators Market: Hydraulic Rotavotors to Rack Up almost USD 2,000 Million Revenue by 2026-end

Increasing demand for food due to the rise of a population is resulting in the farmers focusing on reducing the cost of land preparation while increasing the yield. Hence, rotavator is considered to be the most suitable for preparing a seedbed. Manufacturers are also preparing rotavator that can be adjusted as per the depth of soil bed preparation. The companies are also developing advanced rotavator that can be used in all types of soil regardless of its condition. Different types of rotavator blades are being made depending on the moisture content and property of soil. New materials and process are also being used by manufacturers to develop blades for rotavator as it is the most important part that is directly engaged with the soil.

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Manufacturers are also focusing on optimizing the design by reducing its weight, cost and improving its performance for removing the high weed. Safety and maintenance of rotavator are also being focused on by the user to increase its operational time. Manufacturers are offering adjustable rotating tines and shield in order to control the degree of pulverization. Tractor mounted rotavators are witnessing increasing demand as it saves time and also leaves perfectly leveled soil. To improve the durability of a blade, manufacturers are modifying existing rotavator blade. Design modification is being carried on the L-shaped blade as it is widely used in agriculture.

According to the latest report by Fact.MR, the global rotavators market is likely to witness sluggish growth during the forecast period 2017-2026. The market is estimated to register 2.9% CAGR, in terms of volume. It is also projected to reach US$ 2,003.2 million revenue by the end of 2026.

Hydraulic Rotavators to Gain Maximum Traction in the Global Rotavators Market between 2017 and 2026

Based on the blade type, C type of blade is likely to witness the highest growth during 2017-2026. C type blade is projected to bring in more than US$ 1,000 million revenue by 2026 end.

On the basis of mechanism type, hydraulic mechanism type is expected to be highly preferred in the global market for rotavators. In terms of volume, more than 461,800 units of hydraulic rotavators are estimated to be sold by the end of 2026.

On the basis of tractor HP, 40 to 47 HP tractor is expected to witness substantial growth during the forecast period. By the end of 2026, 40 to 47 HP tractor is estimated to surpass US$ 600 million revenue.

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Asia Pacific Excluding Japan (APEJ) to Dominate the Global Rotavators Market

APEJ is likely to remain dominant in the global market for rotavators. By the end of 2026, more than 418,900 units of rotavators are projected to be sold in the APEJ region. Agricultural process is advancing in APEJ. The regional market for rotavators is driven by India and China due to the large area of agriculture. Rotavators are also considered to be the better option by farmers in India as compared to conventional tillage equipment. Also, farming practice in Australia is highly mechanized. Meanwhile, Vietnam and Thailand hold growth opportunity for rotavator manufacturers. Improvement in infrastructure in Asian countries are creating favorable conditions for rotavator manufacturers. Hence, manufacturers are investing in the farm machinery market in the APEJ region.

Competitive Landscape

Leading players operating in the global rotavators market include Maschio Gaspardo Group, New Holland, John Deere, Howard, Mahindra, Kubota, Sonalika, Massey, Falc, Agtec, CEMA, and Shaktimaan Agro.

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ROV Market: Incorporation of Sensors and Technology Lead to Robust Development of EHVs

In order to study the various trends and patterns prevailing in the overall market for Recreational Off-Highway Vehicle (ROVs), Fact.MR has included a new report titled “Recreational Off-Highway Vehicle (ROVs) Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The Recreational Off-Highway Vehicle Association (ROHVA) projects a continuous rise in sales of the recreational off-highway vehicles (ROVs) in the forthcoming years, with shifting trends toward power sports, and high demand for all-terrain vehicles (ATVs). Consumer spending on leisure and sports has surged on account of their inclining preference toward leading a healthy lifestyle, complemented by growing GHDI across developed and developing nations. Touring and recreational activities have been influenced by the upward trend of leisure & sports expenditure, thereby impacting demand for ROVs as a consequence.

Primarily a discretionary purchase, recreational off-highway vehicle sales flow and ebb with fluctuations in disposable income. As disposable income increases, demand for ROVs at retail level rises, subsequently stimulating demand at manufacturing level. Prospects of recreational off-highway vehicles market continue to be positive, as demand for high-performance vehicles, subjected to rough landscapes and environments, direct manufacturers’ focus toward sustainable technologies & designs, according to a recent Fact.MR report.

The report projects the recreational off-highway vehicles (ROVs) market to illustrate a splendid 15.9% value CAGR between the forecast period 2018 and 2028. Approximately 1,780,000 units of ROVs are pegged to be sold worldwide by 2028-end.

ROVs Market: Hybridization Persists as a Major Trend

Current trend in the ROVs Market is widening the application scope and curtailing costs for facilitating & driving technological penetration. In off-highway machinery industry, progression in the development of electrical hybrid vehicles and systems continues to pick pace, with the rise in incorporation of electronics and sensors. The recreational off-highway vehicles industry continues to explore different electrification levels, including full electrification or mild hybridization, given the consensus that there are a couple of effective strategies apropos of alternative energy for powering these vehicles.

The industry is demonstrating a paradigm shift toward all-electric ROVs, driven by the convergence of a plethora of factors that include reduction of fossil fuel dependency, recapturing energy, and ability of electric power in making vehicles more productive by leveraging efficient hybrid systems. Integration of technologies such as battery advancements, artificial intelligence (AI), combined electro-hydraulic actuators, and autonomy, will further turbocharge the abilities of electrification in ROVs.

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ROVs Market: North America Remains at the Forefront

Led by the U.S., North America will continues to spearhead the recreational off-highway vehicles market, with an estimated value share of over 50% by 2028-end. Legislations are currently being set up in North America, proposing alternations to current laws related to ROVs. These changes will potentially result in a battle between the environmentalists who focus on protecting valuable natural resources and off-road enthusiasts who seek access public lands. Changes in ROVs’ legislations will further impact growth of the market in North America.

Furthering its commitment toward improving safety of ROVs and reducing the number of serious injuries and mortalities across the nation, the U.S. Consumer Product Safety Commission (CPSC) has rolled out an advance notice of proposed rulemaking (ANPR) for addressing safety hazards pertaining to ROVs. Inadequate lateral stability & occupant protection during a rollover crash, coupled with undesirable steering attributes of ROVs are engulfed in primary evaluations of CPSC. The ANPR of CPSC is expected to significantly influence future development and manufacturing of recreational off-highway vehicles in North America.

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Motorcycle Accessories Market: Emerging Economies Such as India to Remain Atop Growth Curve

Evolving culture of the motorcycle industry, along with interest of riders in framing their unique identity, has led the modification trend, wherein aftermarket-produced motorcycle accessories are increasingly sought-after. Modifications in motorcycles range from moderate to extreme, with typical modifications involving frames & fittings, electrical & electronics, and handle accessories.

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The motorcycle accessories market will record an above-average 4.6% volume CAGR during the forecast period, 2018 to 2026, according to a recently published Fact.MR report. Proliferation of aftermarket products is considered to be a boon for growth of the motorcycle accessories market, despites its consequential complexities for manufacturers, suppliers, and owners alike.

Varied approaches of OEMs with regard to installation of aftermarket motorcycle accessories, has been discouraging growth of the latter. However, key established players such as BMW Motorad and Harley Davidson have designed their motorcycles to uphold the culture of custom products by collaborating with aftermarket motorcycle accessories manufacturers.

Sensing the dynamically changing trends in the motorcycle accessories market, leading stakeholders continuously focus on developments in sought-after products, such as crash protection, lighting, and horns. The study projects revenues from crash protection to be over 1.5 times of lightings. High demand for crash protection motorcycle accessories rides the coattails of government and manufacturers’ efforts to curtail incidence of on-road collisions, wherein motorcyclists are at a relatively greater risk.

Every 8 in 10 motorcycle accessories are sold to conventional motorcycle owners. With cost being the primary concern among consumers worldwide, particularly in developing nations, purchases of cruiser and sports motorcycle accessories are confined to affluent consumers. Conventional motorcycle owners are therefore the target consumer base for manufacturers of motorcycle accessories as well as motorcycles alike. Sales of motorcycle accessories for conventional motorcycles will exceed 400,000 thousand units in 2018. This number will remain substantially higher than sales for cruiser, sports, and off-road motorcycles combined.

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Female Riders to Aid Transformation in Motorcycle Industry, Thereby Augmenting Demand for Motorcycle Accessories

Female riders are aiding transformation of the motorcycle industry, and women ridership is on the rise despite decline in the traditional motorcycle brands. In the U.S. alone motorcycle registrations closed in on 8.4 million in 2017, and many of the registrations belonged to women, according to Motorcycle Industry Council. The rise in female riders have paved lucrative avenues for stakeholders in the motorcycle accessories market, in terms of design and innovation.

India is envisioned to outgrow China in the motorcycle accessories market, with 1% difference in CAGR through 2026. Growth in India is underpinned primarily by availability of facilitated vehicle finance options and foray of fuel-efficient motorcycles. Gradual decline in motorcycle sales in China against the backdrop of curbs on petrol-based motorcycles, has led the country to witness a shift from its pervasive dominance to the second place, following India. However, difference between revenue shares of India and China will remain insignificant, according to the study.

Intense and increasing competition has prevailed as a common scenario observed among sales channels in the motorcycle accessories in recent years. Competitive pressure between specialized, independent and online stores have further been aggravated, wherein independent stores currently account for leading shares in the motorcycle accessories market.

However, online retail stores, such as Amazon, have extended their product ranges for including both new and used accessories, while pricing them lower than independent and specialized retailers. The study projects online sales of motorcycle accessories to grow relative faster at over 5% CAGR through 2028. As ecommerce growth proliferation has encouraged shift in consumer buying preferences toward online platforms, significant decrease in foot traffic for specialized and independent outlets is envisioned by the study. This will further exacerbate competitive scenario between sales platforms in the motorcycle accessories market.

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Marine Shaft Power Meter Market: Stringency in Emission Control Protocols to Encourage Growth

According to a recent Fact.MR study, over 1,900 units of marine shaft power meter are likely to be sold in 2019. Growth of the marine shaft power meter market can be attributed to various factors including

• Growing seaborne trade that relies heavily on cargo carriers


• Development of technically advanced and cost-effective solution and increasing demand for new marine shaft power meter to optimize fuel saving


• Imposition of new regulations on the shipping industry to reduce greenhouse gas emission

The study opines that cargo carriers hold relatively larger share of the marine shaft power meter market, than passenger vessels. More than 50% volume sales of the marine shaft power meter were held by cargo carriers in 2018. This can be attributed to efforts of ship owners in Germany, China, and Canada, toward strengthening their hold in the container space, in line with the upward trend of container-based shipping services in sea-borne trade.

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Seaborne trade will continue to expand worldwide on the back of competitive freight cost, as carriers increasingly invest in large container vessels for realizing the supply and demand balance. Freight carriers are also making significant investments in green technologies, to comply with new regulations, and meet logistics demands of companies that seek sustainable transport solution.

The Fact.MR study estimates robust sales of the marine shaft power meter in cargo ships and tankers, along with steady demand from  passenger vessels, including high-speed crafts, fishing vessels, and cruise liners. Adoption of marine shaft power meters in passenger vessels is underpinned by the requirement of optimum fuel consumption, and investigating engine performance, and shaft power measurement solutions..

APEJ to Retain its Hegemony in Marine Shaft Power Meter Market

APEJ is expected to hold pole position in the marine shaft power meter market in 2019, with volume sales envisaged to surpass 1,000 units. Revenues from the marine shaft power meter market in Japan are expected to be relatively lower than APEJ. These regions with their flourishing shipping industry and increasing marine trade offer potential growth opportunities for marine shaft power meter manufacturers.

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Developing countries in APEJ such as China and South Korea are highly lucrative markets for marine shaft power meter collectively accounting for over four-fifth volume share, finds Fact.MR study. Ongoing recovery of shipbuilding activities is a key factor driving demand for marine shaft power meter in these APEJ countries.

“Technological advances in the shipping industry including autonomous ships and blockchain application, hold considerable promise for the supply side of shipping. Combining on-board system and digital platforms is also on a rise in vessels and cargo. The volume of world trade by sea has started to gradually increase in recent years, with growing demand for goods and raw materials by emerging economies,” reveals Fact.MR study.

The study further states, “Complementing efforts by the shipping industry to address greenhouse gas emission, International Maritime Organization (IMO) has set an emission reduction target. These targets have been introduced in form of mandatory energy-efficiency requirements. This is resulting in the growing demand for marine shaft power meter system by the shipping companies to improve efficiency and reduce fuel consumption. Meanwhile, recently released MRV regulation in Europe has made it mandatory to shipping companies to get their emission report verified and receive Document of Compliance (DOC) to prevent any penalty.”

In a bid to meet the demand for significant sustainability and optimize fuel consumption, the shipping industry’s reliance on technically advanced marine shaft power meter has substantially increased in recent years. Fact.MR expects that sales of marine shaft power meter through OEM will register significant growth, with sales  projected to exceed 1,800 units in 2019.

The Fact.MR report offers key insights on the marine shaft power meter market for the period 2018-2028. According to the report, marine shaft power meter market is expected to register 3.0% CAGR in terms of volume between 2018 and 2028.

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Farm Tires Market: 20 to 45 inch Diameter Radial Tires to Expand at the Highest Growth Rate

A major growth determinant for farm tires market is the strong demand for food and ever-increasing challenge of food security, which in turn has spurred the use of agricultural machineries such as tractors. Prominent manufacturers of farm tires are concentrating on product customization and innovation for maintaining their market competitiveness, and keep their product line & offerings robust. High preference for very high flexion tires is a key trend gaining widespread traction in the farm tires market.

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The market turnaround brought about by ageing agricultural machinery, and growing emphasis on sustainable agricultural practices for tackling food security, continue to influence demand for farm tires worldwide. With rising pressure on farm fundamentals, OEMs are perceiving demand stoked by the impetus from farmers that seek equipment replacement. Although few farmers still try to squeeze extra work out of their old tractors, a major chunk of the customer base is eyeing to capitalize on benefits offered by the up-to-date machinery. This further has a great influence on demand for farm tires.

Farm mechanization programs being implemented, which aim at integrating use of existing animal and man power with mechanical power sources for enhanced productivity, will further create demand for farm tires in the foreseeable future. Another key demand determinant of farm tires is attractive subsidies offered by governments that are promoting purchases of new machinery and equipment by farmers.

This report foresees the farm tires market to reflect an above-average 6.0% value CAGR between the forecast period 2018 and 2028. Nearly 70,000,000 units of farm tires are envisaged to be sold worldwide by 2028-end.

Farm Tires: Design Innovations w.r.t Compounds, Structure, Tread Pattern, to Create Demand

Spreading awareness on new technology among farm tire & equipment dealers and end-users has been gaining higher emphasis by the government organizations as well as manufacturers. Agricultural machinery & equipment manufacturers continue to develop heavier, most powerful, and huge tractors and other machinery, thereby creating avenues for increased flexion (IF), very high flexion (VF), and low sidewall technology-based farm tires.

Compounding employed in farm tires, tread pattern, and structure are likely to be key areas of design innovations among farm tire manufacturers. Along with improvements in weight carrying capacity, recent crop science advancements have led toward genetically modified organism (GMO) crops, which are tougher and heartier than previous plant generations. Meanwhile, farm tire makers are seeking new compounds that hold potential in improving stubble resistance, and reducing the tendency for sidewall cracks, which in turn will lure affluent farmers to bank on the imminent new products.

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Farm Tire Market: Influenced by Food Security Compliance through Agricultural Developments

One of the major challenges encountered in sustainable agricultural development is assurance of social security with regard to food security-oriented interventions. Farm mechanization is deemed to offer numerous social and economic benefits to farmers such as improved yield. Looming water scarcity crisis abreast growing requirement for ensuring food security has further complimented the perception of farmers toward farm mechanization as a crucial component reforming future of the agriculture sector.

As mechanization & modernization of agriculture entails the requirement for appropriate machinery, in order to ensure effective and timely field operations, application of agricultural inputs, and reduction in drudgery, farm tires will exhibit a steady rise in demand in the forthcoming years.

Farm Tires Market: Overview

The report offers a robust assessment on the farm tires market underpinned by quantitative and qualitative analysis. In addition, the report focuses on the dynamics of the market that have significant influence on the development of the Farm Tires Market, elucidating drivers, trends, opportunities and restraints. The report focuses on the segmentation of the market to provide a deep dive assessment of the market.

High Load-carrying Capacity & Low-Pressure Farm Tires to Gain Momentum

Over the past couple of years, majority of tire manufacturers have joined the suit of IF, VF, and LSW trend, developing their own versions of tires with flexible sidewalls, which promise lower soil compaction and greater load-carrying capacity. The trend has gained increased emphasis recently, with dramatic rise in size, power, and weight of agricultural equipment.

Current generation of farm tires carry relatively more weight, and are sturdy & resilient in fields against steel and rubber belt-piercing stalks of GMO crops. High performance of these tires on roads at greater speeds for longer distances have augmented their demand among farmers worldwide. Lower-pressure tires that produce larger tire footprint are perceiving higher preference, as they distribute weight of the tractors and other agriculture machinery over the largest possible area for reducing soil compaction.

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