QYR: The Europe revenue of Mini Tiller Cultivator is forecast to reach 288.04 million USD by the end of 2022 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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QYResearch Mini Tiller Cultivator is one type of Cultivator. A cultivator is any of several types of farm implement used for secondary tillage.
QYR According to QYR study, Europe revenue of Mini Tiller Cultivator was valued at 268.43 million USD in 2016, and the Europe revenue of Mini Tiller Cultivator is forecast to reach 288.04 million USD by the end of 2022. Europe production value of Mini Tiller Cultivator was valued at 190.35 million USD in 2016, and the Europe production value of Mini Tiller Cultivator is forecast to reach 204.61 million USD by the end of 2022. The market is relatively fragmented, and Europe relies mainly on imports from Asia, North America. Meanwhile, the price of raw material has a great influence on the Mini Tiller Cultivator. Russia is the largest consumption region of Mini Tiller Cultivator, with a consumption market share nearly 20.69% in 2016. The second place is Ukraine; following Russia with the consumption market share over 16.78% in 2016.
Target customers present different characteristics in different regions of Europe. In Eastern Europe, mini tiller cultivators are mainly used in farm. On the contrary, in Western Europe, mini tiller cultivators are mainly used in garden.
QYR Therefore, gasoline engine mini tiller cultivators occupied most of the market share in Western Europe. However, diesel engine mini tiller cultivators occupied most of the market share in Eastern Europe.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
QYR Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
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