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Maize pickers industry growth is expected to accelerate over the next five years, driven by the acute shortage of skilled farm labor because of farm workers migrating to other labor-intensive industries. In countries such as the US and Canada, the lack of skilled farm workers is a major problem in the agricultural sector, which is compelling the farmers to adopt agricultural equipment, such as corn pickers. The shortage of labor drives the wage costs, which can be overcome by investing in agricultural machinery like maize pickers, to reduce the cost of production for the farmers. Technavio’s maize pickers industry analysis reveals promising markets around the world.
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Almost 45% of the incremental growth in the global maize pickers market will be driven by APAC, while the Americas and EMEA will make notable contributions to the market size. The Americas dominated the global maize pickers market in terms of market share followed by APAC and EMEA. In addition, the Americas are expected to retain their dominant position in the global maize pickers market at the end of the forecast period. However, according to this latest market research report, APAC is forecasted to witness the fastest rate of growth in the global maize pickers market, while the Americas will register a lower CAGR than EMEA during the period of forecast.
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The global maize pickers market is expected to become reasonably concentrated during the course of the forecast period owing to the existence of a few international and regional maize picker manufacturers who offer products such as combined harvesters and shellers for the harvesting of maize. Most of the established maize picker manufacturers are focused on launching new and innovative products to expand their product portfolio and boost their market growth. Many leading maize picker manufacturers are vying for their share of the global maize pickers market, and all the companies must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several corn picker manufacturers, including:
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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