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Chaff Cutters Market Share

Report ID: GMI8529
Published Date: Oct 2024
Report Format: PDF

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Chaff Cutters Market Share

Global Chaff Cutters Company Market Share Analysis, 2023

The key players operating in the market are Dawn Agro Machinery, Kisankraft, Zhengzhou Taizy Machinery, Deere & Company and KMW by Kirloskar all together comprises a market share of 15 - 20% in 2023. The market consists of a large number of companies, particularly in regions like Asia. These companies range from small, regional players to some established international brands. Larger, well-established manufacturers of agricultural machinery are increasingly expanding their chaff cutter offerings. This can lead to increased market share for these companies.

Chaff Cutters Market Companies

Major players operating in the chaff cutters industry include:

Balaji Agro Engineering
Dawn Agro Machinery
Deere and Company
Farm King
Gray-Nicolls
JAS Smith Machinery and Engineering
Kisankraft
KMW by Kirloskar
Kovai Classic Industries
Mahindra and Mahindra
New Holland Agriculture
Premier Engineering Works
Punjab Engineering Works
Suguna Industries
Vishwakarma Agro Industries
Zhengzhou Taizy Machinery

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of chaff cutters was reached USD 444.5 million in 2023 and is projected to achieve a CAGR of over 5.4% from 2024 to 2032, driven by the increasing demand for energy-efficient and effective products for livestock feed preparation.

The electric grass cutter segment crossed USD 138.5 million in 2023 and is likely to exceed USD 236.2 million by 2032, due to its efficiency, ease of operation, and ability to handle larger volumes of fodder with minimal manual effort.

The 1 HP segment surpassed USD 314.8 million in 2023, attributed to its widespread use in small-scale farming operations and household applications, where compact and low-power chaff cutters are preferred for fodder processing.

The Asia Pacific region dominated the 47.43% share of the chaff cutters market in 2023 and is anticipated to grow at a CAGR of 6% from 2024 to 2032.

Major players in the chaff cutters market include Balaji Agro Engineering, Dawn Agro Machinery, Deere and Company, Farm King, Gray-Nicolls, JAS Smith Machinery and Engineering, Kisankraft, KMW by Kirloskar, Kovai Classic Industries, Mahindra and Mahindra, New Holland Agriculture, Premier Engineering Works, Punjab Engineering Works, Suguna Industries, Vishwakarma Agro Industries, and Zhengzhou Taizy Machinery.