Plows Market Report 2025

The plows market size has grown strongly in recent years. It will grow from $1.05 billion in 2024 to $1.12 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to agricultural expansion and mechanization, population growth and food demand, shift towards commercial farming, government support and agricultural policies, weather and seasonal variability.

The plows market size is expected to see strong growth in the next few years. It will grow to $1.41 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing precision agriculture practices, sustainable and conservation farming, growing farm mechanization in emerging markets, focus on soil health and crop yields, climate change adaptation. Major trends in the forecast period include advanced materials, remote monitoring and control, increased connectivity, precision snow removal technology, subscription-based models.

The anticipated increase in population, driving the demand for agricultural products, has played a significant role in the growth of the plows market. As per the United Nations Organization, the global population is projected to reach 9.7 billion by 2050, up from 7.7 billion in 2020. This population growth is expected to lead to higher food consumption, thereby boosting the demand for the agriculture sector and agricultural products such as plows. Over the next 30 years, the projected population growth is foreseen as a key factor contributing to the growth of the plows market during the forecast period.

The anticipated increase in farm sizes is expected to boost the plow market in the coming years. A farm is defined as a designated area of land along with its buildings, primarily used for producing and managing food (including crops and livestock), fibers, medicinal plants, and other products that sustain and enhance human life. Plows are essential tools used on farms to turn and break up soil, preparing it for planting. For example, in April 2024, the Government of the United Kingdom reported that the average farm size in 2023 was 127 hectares, making it the second largest among all English regions and surpassing the national average of 88 hectares. Consequently, the increase in farm size is driving the growth of the plow market.

Leading companies in the plows market are focusing on the development of snow plows that incorporate TRACE cutting-edge technology to enhance performance, improve durability, and increase efficiency in snow removal operations, ultimately delivering better service during severe winter conditions. TRACE cutting-edge technology encompasses advanced design and engineering features that optimize the operational capabilities of snow plows, enabling them to handle various snow conditions for effective and reliable snow removal. For instance, in August 2024, SnowEx LLC, a US-based company, introduced the POWER PUSHER PRO Hydraulic-Winged Pusher Plow, which features TRACE technology with independent 2-foot sections that can raise, oscillate, and trip to adapt to different surfaces and obstacles. This plow is equipped with hydraulically actuated wings that can extend its width by 6 feet when fully opened, providing flexibility in snow removal operations. It is designed to be compatible with a variety of equipment, including skid-steers, wheel loaders, tractors, and backhoe loaders, via a common carrier attachment system.

Major companies in the plow market are also introducing autonomous farming systems such as the Combined Powers to address the shortage of skilled labor in agriculture. The Combined Powers is a concept vehicle designed to autonomously perform various farming operations, including plowing, cultivating, and sowing. In August 2023, Apex.AI collaborated with Bernard KRONE Holding SE & Co. KG and Lemken GmbH to introduce commercial-ready autonomous farming systems under their Combined Powers concept vehicle. This groundbreaking autonomous farming system is capable of executing tasks such as plowing, cultivating, and sowing independently. The companies are transitioning this vehicle from its initial design to full production using Apex.AI's software tools, namely Apex.Grace and Apex.Ida.

In February 2022, Agrisolutions, a US-based farm equipment manufacturer, successfully acquired Chicago Fastener Manufacturing (CFM) for an undisclosed amount. This strategic acquisition is poised to enhance Agrisolution's market positioning in the U.S. Chicago Fastener Manufacturing (CFM) is a US-based manufacturer specializing in cold-headed metal fasteners.

Major companies operating in the plows market include CNH Industrial India Pvt. Ltd., AGCO Corporation, Deere & Company, BEDNAR FMT s.r.o., UNIVERSAL TRUCK EQUIPMENT INC., ISEKI & CO. LTD., KUHN SAS, Douglas Dynamics LLC, BOSS Snowplow, Amazonen-Werke G. Dreyer Maschinenfabrik GmbH, Woods Equipment Company, Western Products LLC, Meyer Products LLC, Fisher Engineering, Kongskilde Industries A/S, Monashee Manufacturing Corp., PJB Industries Inc., Bomet Sp. z o.o. Sp.K, Baldan Machinery, AGRO-MASZ Agriculture sp. z o.o., Aratri EMMEGIEMME Srl, Ünlü Ziraat Aletleri A.S, FALC S.p.A., BLIZZARD Snow Plow, Ebling Manufacturing Inc., Sno-Gate, KAGE Manufacturing LLC, Kubota Corporation, Mahindra & Mahindra Ltd.

The Asia-Pacific was the largest region in the plows market in 2024. North America was the second largest region in the global plows market share. The regions covered in the plows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plows market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A plow is an agricultural implement designed for removing horizontal clods from the soil. It operates by rolling over the clods, breaking them apart and restoring the soil to its original state. This process facilitates the incorporation of organic substances, creating space, and providing nutrients for the new crop.

The primary types of plows include reversible plows, disc plows, ridge plows, chisel plows, and moldboard plows. A chisel plow is specifically a soil tillage device pulled by a tractor or animal, serving to break up and stir soil at a depth of a foot or more beneath the surface without inverting it. Plowing technologies encompass both classic and modern approaches, while applications extend to use on large farms as well as private farms.

The plows market research report is one of a series of new reports that provides plows market statistics, including plows industry global market size, regional shares, competitors with a plows market share, detailed plows market segments, market trends, and opportunities, and any further data you may need to thrive in the plows industry. This plows market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The plow market consists of sales of single-furrow plows, double-furrow plows, and multiple-furrow plows. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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