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Brazil Plows Market

The Brazil Plows market size was valued at US$ 234 million in 2024 and is projected to reach US$ 302 million by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.
Plows are primary tillage implements used to turn over and break up soil, prepare seedbeds, and incorporate crop residues, available in various types including moldboard, disc, and chisel plows.
Brazil's plow market is experiencing moderate growth, driven by the ongoing mechanization of agriculture and the need for soil preparation in newly cultivated areas. In 2023, grain and oilseed production regions accounted for 70% of plow use in Brazil. The market saw a 9% increase in demand for reversible plows in 2023, offering improved efficiency for contour plowing. Adoption of conservation tillage practices is influencing plow design, with a 6% annual growth in sales of reduced tillage plows. Key manufacturers are investing in developing precision plowing technologies, with a 12% year-over-year increase in product launches featuring GPS guidance and variable-depth control. The industry is also witnessing a trend towards multi-functional tillage implements, with a 15% rise in sales of combination plows that can perform multiple operations in a single pass. Brazil's agricultural expansion, particularly in the Cerrado and Matopiba regions, continues to drive plow demand, with an 8% increase in equipment sales for land conversion and soil preparation in these frontier areas.

This report contains market size and forecasts of Plows in Brazil, including the following market information:
•   Brazil Plows Market Revenue, 2019-2024, 2024-2030, ($ millions)
•   Brazil Plows Market Sales, 2019-2024, 2024-2030,
•   Brazil Top five Plows companies in 2023 (%)

Report Includes

This report presents an overview of Brazil market for Plows , sales, revenue and price. Analyses of the Brazil market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Plows sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Brazil Plows market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

• Conventional
• Reversible

Segment by Applications

•   Agriculture
•   Construction
•   Other

Key Companies covered in this report:

• Stara S/A Ind