GLOBAL CHAIN HARROWS MARKET SIZE (2023 – 2030)

The Global Chain Harrows Market is estimated to be worth USD 537.8 Million in 2023 and is projected to reach a value of USD 628.64 Million by 2030, growing at a CAGR of 1.97% during the forecast period 2023-2030.

Chain harrows are primarily agricultural implements that are used to level and aerate soil surfaces. On agricultural fields, chain harrowing is always done to follow the uneven finish left by ploughing operations. The goal of harrowing is often to break up soil clumps, resulting in a good tilth, finer finish soil structure that is appropriate for use in seedbeds. After sowing, weeds, and cover seeds are also removed using harrowing. One of the key reasons fuelling the global harrows market demand is the increase in demand for agricultural farm equipment. This is primarily supported by the rising demand for food, which is anticipated to expand significantly throughout the projected period as a result of the huge expansion in the world population.

Global demand for agricultural machinery is being driven by the adoption of modern farming techniques to boost crop yields in response to rising food demand. The growing adoption of farm machinery for mechanizing agricultural activities, which led to greater production and profitability by achieving timeliness in farming operations, is what drives the worldwide chain harrows market. This then enables farmers to make the most use possible of expensive inputs like irrigation, seeds, and fertilizer. By lowering post-harvest losses, agricultural mechanization also aids in the preservation of the farm's produce, enhancing profitability and cost-effectiveness.

Global Chain Harrows Market Drivers:

Growing population and mechanization in agriculture drive demand for efficient land cultivation equipment like chain harrows:

The demand for food has been pushed by the growing global population and changing dietary preferences, which is in turn driving demand for effective and efficient land cultivation tools like chain harrows. Mechanization in agriculture is being more widely used due to its capacity to raise agricultural yields, productivity, and efficiency. Chain harrows are a crucial part of mechanized agriculture, and as this trend continues, there will likely be a rise in demand for them.

Rising Demand for Organic Farming and Government Support Driving Growth of Chain Harrows Market:

Farmers are using chain harrows to prepare their fields for planting and to maintain soil health as a result of increasing public knowledge of the benefits associated with organic farming and increasing consumer demand for high-quality crops. Some governments assist farmers by offering financial aid for the purchase of agricultural machinery like chain harrows. In the upcoming years, it is expected that this would raise costs for chain harrows.

Global Chain Harrows Market Challenges:

The high initial cost of chain harrows can be a major deterrent to adoption, especially for small-scale farmers. The restricted financing alternatives available to farmers, particularly in developing nations, may potentially limit the market expansion for chain harrows. The planting and harvesting seasons are often when there is the most demand for chain harrows. This can lead to fluctuations in sales and revenue.  Chain harrow demand may be constrained by the availability of a variety of alternative land cultivation equipment, such as cultivators and tillers. Regular maintenance on chain harrows, such as cleaning, lubrication, and repair, can raise the overall cost of ownership.

Global Chain Harrows Market Opportunities:

As more land is needed for cultivation and maintenance to fulfill the rising need for food, particularly in emerging nations, this creates a substantial opportunity for the chain harrows industry to grow. Chain harrow manufacturers have a chance to create more sophisticated and effective goods as a result of the growing popularity of precision agriculture, which entails using technology to maximize crop yields.

COVID-19 Impact on the Global Chain Harrows Market:

Chain harrow demand has decreased as a consequence of supply chain disruptions, reduced demand for agricultural products, and lower farmer incomes driven on by the pandemic. These variables have affected farmers' purchasing power. Increased investments in agriculture and the adoption of mechanization in farming have resulted from the pandemic's increasing attention on food security and the necessity to maintain a steady supply of food. Chain harrows are a crucial part of mechanized agriculture, and as a result, demand for them has increased in some areas while remaining stable in others.

Global Chain Harrows Market Recent Developments:

• In October 2022, AGCO Corporation introduced a new range of Massey Ferguson 1700M Series compact tractors that come equipped with optional rear-mounted chain harrows.

• In January 2021, Deere & Company announced that it had acquired Bear Flag Robotics, a California-based startup that develops autonomous driving technology for farm tractors and other agricultural equipment, which could potentially be used in conjunction with chain harrows.

• In August 2022, CNH Industrial N.V. announced that it had expanded its range of farm machinery offerings in India, including chain harrows, through a partnership with local distributor, Agri Mandi.

GLOBAL CHAIN HARROWS MARKET REPORT COVERAGE:

Global Chain Harrows Market Segmentation:

Global Chain Harrows Market Segmentation: By Product Type

• Mounted Chain Harrows

• Trailed Chain Harrows

• Folding Chain Harrows

The type of chain harrow that is most frequently used is attached to the rear of a tractor or an ATV are mounted chain harrows. They are utilized for breaking up clods, preparing seedbeds, and levelling and smoothing the soil. Similar to mounted chain harrows, trailed chain harrows are mounted to a trailer rather than an ATV or tractor. They can be simply transported from one place to another and are used for larger areas. Drag Chain Harrows are uncomplicated, transportable harrows that are pulled by a tractor or ATV. They are utilized to level and smooth the soil, clear away rubbish, and prepare seedbeds.

Global Chain Harrows Market Segmentation: By Application

• Farming, Landscaping

• Sports Fields

• Others

Agricultural applications for chain harrows include soil aeration, weed management, and seedbed preparation in the farming sector. Chain harrows are a crucial piece of equipment for farmers since they assist in both soil preparation for planting and soil health maintenance for maximum crop production. Therefore, chain harrows are employed largely in the landscaping industry for soil preparation for planting, turf maintenance, and ground levelling. They are also used to break up and remove debris from lawns and gardens.  

Sports fields, such as baseball diamonds, golf courses, and soccer fields, are frequently maintained with chain harrows. They aid in keeping the playing field level, enhance drainage, and promote strong grass growth.

Manufacturers and suppliers must understand the many uses for chain harrows in order to properly create and sell their products to satisfy the unique requirements of diverse industries and clients. Manufacturers might concentrate on developing specialized chain harrows for maintaining sports fields or create more robust models for heavy-duty farming uses.

Global Chain Harrows Market Segmentation: By Region

• North America

• Europe

• Asia Pacific

• Middle East

• Latin America

In Canada and the United States the market is driven by a growing demand for organic and sustainable farming practices, as well as a strong focus on maintaining healthy sports fields and landscapes. Agricultural equipment is in high demand in Europe, and there is a rising understanding of the advantages of sustainable farming methods. Government subsidies and incentives for buying agricultural equipment have an impact on the market in Europe. Because of the region's expanding population and rising food demand, the Asia-Pacific region is anticipated to develop significantly in the upcoming years. Chain harrows are being utilized more frequently in agricultural activities to boost crop yields and preserve the health of the soil.

The market in South and Central America is driven by an increase in the demand for high-quality commodities and a focus on environmentally friendly farming methods. Government initiatives and incentives to assist farmers and enhance food security also have an impact on the market in this area. The Middle East and Africa have a pressing need for increased agricultural output and environmentally friendly farming methods. Moreover, government programs to support farmers and enhance food security have an impact on the market.

Global Chain Harrows Market Key Players:

1. AGRI-FAB Inc.

2. Baldan

3. BEFCO Inc.

4. Caroni spa

5. Fleming Agri-Products Ltd.

6. Jympa

7. KUHN Group

8. Land Pride

9. Maschinenfabrik Köckerling GmbH & Co. KG

10. Radium Engineering

11. Baldan

12. Breviglieri

13. Rome Plow Company

14. AMCO Manufacturing, Inc.

15. RemlingerMfg

16. Ritchie Bros

17. SMS CZ s.r.o.

18. Beri Udyog Pvt. Ltd

19. Remlinger

20. McFarlane