Market Forecast By Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest Of Europe), By Types (Traditional Plough, Modern Plough, Specialist Plough), By Application (Farm, Individual Farming) And Competitive Landscape
According to 6Wresearch, Europe Plough Market size is anticipated to register growth during 2021-27. Lack of awareness regarding the usage of agriculture equipment by farmers is expected to restrain the market growth and the unavailability of proper resources in addition to the high cost related to the equipment negatively distress the adoption in the market. In European Union, agriculture has traditionally been a labour-intensive sector categorized by a higher number of seasonal immigrant workers working in fields in the member states. However, an acute shortage of farm labour has currently surfaced on the farm fields in the region. For instance, according to the German Association of Agricultural Employers (GLFA), the number of seasonal immigrant labour during the peak harvest times in Germany fell drastically in the last few years. The shortage of labour has led to an increase in the usage of plough and other agricultural equipment in the region. Factors like improved productivity through mechanization, and labour shortage, have led to the growth of the agriculture machinery demand.
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