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Automated Turf Harvester Market to Reach $155,947.8 Thousand by 2026, Globally, at 12.6% CAGR: Allied Market Research

Shifts in consumer preferences towards automated agricultural machinery, dearth of labor on farms, and adoption of natural turfs on sports fields are the major factors propelling the growth of the global automated turf harvester market

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Allied Market Research

30 Oct, 2019, 13:30 GMT

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PORTLAND, Oregon, Oct. 30, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Automated Turf Harvester Market by Product Type (Roll Turf Harvester and Slab Turf Harvester) and Application (Residential, Commercial, Golf Courses and Sports/Athletics): Global Opportunity Analysis and Industry Forecast, 2019–2026." The report provides a detailed analysis of the market, including key winning strategies, industry drivers & restraints, market size & forecast, top investment pockets, competitive landscape, and wavering market trends. As per the report, the global automated turf harvester industry was estimated at $62,151.5 thousand in 2018, and is anticipated to register $155,947.8 thousand by 2026, registering a CAGR of 12.6% from 2019 to 2026.

Drivers, restraints & opportunities-

Change in consumer preferences towards automated agricultural machinery, shortage of labor on farms, and adoption of natural turfs on sports fields fuel the growth of the global automated turf harvester market. On the other hand, high price. Extra preference levied to large farm owners, and popularity of artificial turf in residential sector are expected to restrain the growth to some extent. However, significant increase in golf courses in the developing nations is expected to create a number of lucrative opportunities for the key players in the industry.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/6120

The residential segment garnered the lion's share in 2018-

Based on application, the residential segment accounted for nearly three-fifths of the global automated turf harvester market share in 2018 and is expected to dominate through 2019–2026. Increase in housing facilities in the U.S. and UK is fueling the consumption of turf in the residential sector. The golf courses segment, on the other hand, would showcase the fastest CAGR of 14.6% during the estimated period. Rise in the number of golf courses in the developing nations such as China is likely to drive the market of automated turf harvester.

The roll turf harvester segment to lead the trail by 2026-

Based on product type, the roll turf harvester segment garnered the major share in 2018, holding nearly three-fifths of the global automated turf harvester market. Use of roll turf harvester for cultivating turf rolls for large area applications such as golf courses, sport fields and commercial landscaping has propelled the market growth of roll turf harvester. Simultaneously, the slab turf harvester segment is projected to register the highest CAGR of 13.9% during the study period. Demand for turf slabs specially for residential applications is driving the sale of slab turf harvester.

Purchase Report Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/6120

North America to dominate in terms of revenue-

Based on geography, North America contributed to more than two-thirds of the global automated turf harvester market revenue in 2018 and is anticipated to retain its dominance throughout the forecast period. Highest number of turf farms and strong foothold of major players have resulted in high penetration of automated turf harvester in the province. At the same time, the region across Europe would cite the fastest CAGR of 14.6% by 2026. Growing turf grass cultivation and shift towards fixed crop from niche crop status have accentuated the growth of automated turf harvester in the region.

Frontrunners in the industry-

  • Turf Tick Products B.V.
  • Trebro Manufacturing, Inc.
  • MAGNUM ENP
  • Kesmac Inc.
  • KWMI Equipment
  • FireFly Automatix, Inc.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Similar Reports:

Agriculture Equipment Market to Garner $243.5 Billion, Globally, by 2022

Agricultural Robots Market Expected to Reach $11,050 Million by 2023

Heavy Construction Equipment Market to Reach $193,245 Million, Globally, by 2022

About us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

Contact us:
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#205, Portland, OR 97220
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+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
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