Market Research Report India Land Leveler Market,India Power Weeder Indus | Page 29

May 2017 India Agricultural Implements Market Outlook to 2021 caused the rotavator market to register a CAGR of ~% in terms of revenue during the period FY’2011-FY’2016. Agricultural Sprayer Market The total sales of agricultural sprayers in India inclined to ~ units during FY’2016 from ~ units during FY’2011. During the same period, revenue generated from the sale of agricultural sprayers augmented to INR ~ crore in FY’2016 from INR crore during FY’2011. The demand for agricultural sprayers is seasonal and fluctuates based on the monsoon. Manual and battery powered sprayers have dominated the overall sales volume of agricultural sprayers during the review period. However, sprayers powered by motors have generated highest revenues for this market due to its high price. The agricultural sprayer market witnessed a CAGR of ~% in terms of sales volume during FY’2011-2016. On the other hand, revenues of the agricultural sprayers market achieved a CAGR of ~% during FY’2011-FY’2016. Cultivators Market The revenue generated from the sale of tractor fitted cultivators enhanced from INR ~ crore in FY’2011 to INR ~ crore during FY’2016. The overall sales of agricultural cultivators in India inclined from ~ units during FY’2011 to ~ units during FY’2016. Two major forces that have driven the sales of cultivators are total land under cultivation and overall tractor sales in the country. The revenues of the cultivator market have been dominated by the increasing sales of cultivators equipped with 9 tines. Government initiatives coupled with lower pricing and dual functionality (land preparation and weeding) of this implement have aided the positive growth in sales volume of © Licensed product of Ken Research; should not be copied 29