Disc Blades Market Report

Market Insights

The Disc Blades market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of around xx% during the forecast period.

Figure: Disc Blades Market Size, 2020-2026 (USD Million)

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What are disc blades?

Disc blades are used to till the soil before planting crops or at the end of the season to chop up the unwanted remainders. Based on type, disc blades can be categorized as flat disc blades and concave disc blades.

Key Players

Key players operating in the Disc Blades market are-

• Niaux (France)
• Bellota Agrisolutions & Tools Private Limited (India)
• John Deere (US)
• Campoagricola (Spain)
• Agri Till (India)
• Windsor Agro (India)
• Osmundson Manufacturing Co (US)
• Pacific Ag Wholesalers, Inc. (US).

Market Dynamics

The growth of the disc blades market is primarily driven by the significant growth of the agriculture industry across geographies. Increasing adoption of modern farming practices is likely to drive the growth of the agriculture industry substantially and thus, disc blades. In addition to this, rising demand for advanced disc blades is likely to create lucrative opportunities for the players operating in the global market in the coming years.

Segments' Analysis

Application Trends

By application, the disc blades market has been bifurcated into original equipment manufacturing and replacement. Under these, the original equipment manufacturing segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the rapid growth of the agriculture industry worldwide.

Regional Trends

By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to the strong presence of the agriculture industry coupled with increasing demand for agricultural produce particularly in developing countries such as India and China. The market growth in the North American region is expected to be driven by increasing demand for advanced disc blades coupled with the presence of key market players such as John Deere (US) and Osmundson Manufacturing Co (US).

COVID-19 Impact on Disc Blades Market

The covid-19 outbreak posed significant challenges for the agriculture industry across geographies. It impacted the growth of the disc blades market negatively for a short period as the imposition of complete lockdown and restrictions on trade affected the product supply for a short period.

Critical Questions Answered in the Report

• What are the key trends in the Disc Blades market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the Disc Blades market?
• What are the key strategies adopted by the major vendors to lead in the Disc Blades market?
• What is the market share of the top vendors?

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Target Audience

Here is the list of the group of customers that the disc blades market hopes to have the greatest opportunity to convert-

• Disc blades distributors
• Disc blades suppliers
• Disc blades manufacturers
• Logistics organizations
• Government bodies

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