Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain And Turkey), By Types (Traditional Plough, Modern Plough, Specialist Plough), By Application (Farm, Individual Farming) And Competitive Landscape
According to 6Wresearch, Middle East Plough Market size is anticipated to register growth during 2021-27. Plough and other equipment help in reducing the dependency on labour, improving crop quality, and reducing the time for agricultural work. Government support through subsidies is driving sales of high-capacity agricultural tools. The increasing automation in the field of agriculture and farming is driving the market for plough and other equipment. The growing population is attributing to the market growth too since it leads to an increase in the demand for food. Additionally, the scarcity of skilled labour in the agriculture and farming sector is also supporting the market demand. Furthermore, the increasing research and development for technological advancement in farm equipment are also augmenting the market growth to continue in the forecasted period. However, the high cost of equipment and the surging market for used/second-hand equipment, and the scarcity of water in the region is a restriction for the market growth.
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