Enjoy complimentary customisation on priority with our Enterprise License!
The India power tiller market size is forecast to increase by USD 38.2 billion at a CAGR of 7.1% between 2023 and 2028. The market is experiencing significant growth due to several factors. Small farmers are increasingly adopting mechanization in agriculture to address labor shortages and rising wage rates. Automatic devices such as power tillers have become essential agricultural equipment for efficient farming practices. Moreover, the adoption of modern agricultural practices, including the use of plows and crop harvesting or farm equipment, has become essential for farmers to maintain optimal soil moisture levels and enhance microorganism growth. However, the high initial investment costs remain a challenge for small and marginal farmers. Other trends include the integration of pumping water, threshing, and harvesting functions into power tillers to address multiple agricultural needs. The market is expected to continue growing as farmers seek to improve productivity and reduce manual labor. However, the high upfront costs may limit adoption among some farmers.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Product
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.