June 07, 2022 08:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, June 07, 2022 (GLOBE NEWSWIRE) -- The global agricultural trailer market is estimated to register growth at a CAGR of 6.84% during the forecast period from 2022 to 2031, it is projected to exceed a value of US$ 51.2 billion by 2031 states a research report by Transparency Market Research (TMR).
Government authorities of several nations around the world are taking initiatives to support the rapid adoption of farm mechanization. This factor is expected to impact positively on the market demand for agriculture trailer in the upcoming years. This aside, agricultural trailers are being increasingly utilized in the forestry industry in order to transport different end-products including freshly cut wood. Hence, the market is prognosticated to gain sizable sales prospects from the forestry industry in the forthcoming years.
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Agricultural Trailer Market: Key Findings
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Agricultural Trailer Market: Growth Boosters
Agricultural Trailer Market: Regional Analysis
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Agricultural Trailer Market: Key Players
Some of the key players profiled in the report are:
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By Tractor Horse power (HP)
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