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Manure Handling Equipment Market Trends

  • Report ID: GMI11554
  • Published Date: Oct 2024
  • Report Format: PDF

Manure Handling Equipment Market Trends

Collaborations between manufacturers and technology providers are emerging to enhance manure management solutions. By combining expertise, these partnerships focus on integrating smart technologies, such as IoT and automation, into traditional systems. This collaboration enables the development of more efficient, user-friendly equipment, improving operational efficiency and sustainability. Such initiatives are vital for advancing practices in livestock farming and promoting environmentally responsible waste management.
 

For instance, In November 2022, GEA has entered a long-term exclusive strategic partnership with N2 Applied, an international technology business based in Norway. This partnership foresees the manufacturing and worldwide distribution of manure processing solutions for the dairy industry. 
 

High initial investment and maintenance costs pose significant challenges for many farmers looking to upgrade their manure handling systems. Advanced equipment often requires substantial financial outlay, making it difficult for smaller or resource-constrained farms to adopt such technologies. Limited access to financing options can hinder these farmers from investing in modern solutions, which may ultimately affect their productivity and sustainability. Additionally, the ongoing maintenance required for sophisticated machinery can strain budgets, further discouraging adoption. This creates a gap where only larger operations benefit from innovations, leaving smaller farms with outdated practices that may negatively impact their efficiency and environmental compliance.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The global market size for manure handling equipment was valued at USD 817.9 million in 2023 and is projected to reach USD 1.31 billion by 2032, driven by a CAGR of 5.4% from 2024 to 2032.

The manure handling equipment industry from spreaders segment accounted for 32% of the market share in 2023 and is expected to exceed USD 440 million by 2032, due to advancements in precision and efficiency technologies.

North America market accounted for a share of 37% in 2023 and is expected to exceed USD 489.7 million by 2032, driven by sustainable waste management practices and technological advancements.

Major players in the industry include Bauer Group, Bazooka Farmstar, BouMatic, Cadman Power Equipment, Daritech, GEA Group, Lely, and Patz Corporation.

Manure Handling Equipment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 170
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