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Soil Aerators Market Share Analysis, Trends, Segmentation, And Forecast To 2033

04-23-2024 07:42 AM CET | Logistics & Transport

Press release from: The Business research company

Soil Aerators Market

Soil Aerators Market

The soil aerators market size has grown strongly in recent years. It will grow from $27.16 billion in 2023 to $29.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to shift to sustainable agriculture practices, increased concerns about soil compaction, rising demand for food production, environmental conservation focus, increased research and development..

The soil aerators market size is expected to see strong growth in the next few years. It will grow to $38.08 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing adoption of no-till farming, government initiatives for sustainable agriculture, growing focus on carbon sequestration, demand for improved crop yields, climate change mitigation strategies.. Major trends in the forecast period include smart and autonomous aerating equipment, regenerative agriculture adoption, collaboration with precision farming technologies, biological soil aerators, remote and wireless connectivity..

Market Overview -
A soil aerator is equipment employed to make punctures in the soil to exchange oxygen, carbon dioxide gases, and required nutrients between the porous spaces of the soil and the surrounding atmosphere. They are primarily used to reduce soil compaction.

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Agricultural Industry Demand Fuels Growth In Soil Aerators Market
The rising demand from the agriculture industry is expected to propel the growth of the soil aerators market in the coming future. Agriculture industry is a sector of the economy that comprises crop and livestock farming, as well as farming engineering and the manufacture of agricultural equipment, chemical fertilizers, and other farm-related items. The rising demand from the agriculture industry is driving the expansion of the soil aerators market as they enhance root development and boost the rate of photosynthesis and chlorophyll content, improving plant growth and decreasing plant mortality under NaCl stress situations. For instance, in February 2023, according to the United States Department of Agriculture, a US-based federal executive department, in 2022, United States agricultural exports grew 11%, or $19.5 billion, over the previously established record in 2021. Therefore, the rising demand from the agriculture industry is driving the soil aerators market.

Competitive Landscape -
Major companies operating in the soil aerators market report are Deere and Company, CNH Industrial N.V., Kubota Corporation, AGCO Corporation, Mahindra and Mahindra Ltd., Linamar Corporation, ScottsMiracle-Gro, Bucher Industries AG, WEN Products, Alamo Group Inc., Ames Companies Inc., Buhler Industries Inc., Great Plains Manufacturing, LEMKEN GmbH and Co. KG, Agri-Fab Inc., Suncast Corporation, Billy Goat Industries Inc., ZANON S.r.l, Orthman Manufacturing Inc., Brinly-Hardy Company, Craftsman Tools Ltd., Snow Joe LLC., Tomahawk Manufacturing Inc., Aerator Solutions, Evers Agro, Vanmac B.V., Selvatici Srl, Soil Service Inc., Northstar Attachments, Zappator S.R.L.

Innovative Technologies Propel Growth In The Soil Aerators Market
Technological innovations are the key trend gaining popularity in the soil aerators market. Major companies operating in the soil aerators market are focused on developing innovative technologies to strengthen their position in the market. For instance, in November 2020, Salford Group Inc., a US-based company that manufactures soil aerators, precise application equipment, and tillage equipment, launched the HALO AerWay model AerWay Shattertines. It integrates Salford and AerWay tillage technology to create the ideal vertical tillage equipment, combining deep soil aeration with residue management. The AerWay shattertines start sizing residue and breaking up the ground around and under the tines. This process enhances the capacity of the soil to store air and moisture, stimulating deeper root growth and allowing fertilizer to be distributed throughout the root zone. The tines and blades of the HALO AerWay model have three different angle settings, allowing growers to regulate the severity of their tillage.

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Key Segments -
The soil aerators market covered in this report is segmented -
1) By Equipment Type: Primary Tillage Equipment, Secondary Tillage Equipment, Soil Aerating Equipment, Weeding Equipment
2) By Mechanism: Mechanical, Pneumatic
3) By Mode Of Operation: Mounted, Trailed
4) By Applications: Farm, Agricultural Institutions, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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