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Rural Lifestyle Market Still Positive for 2020

Annual survey shows dealers are positive about total revenues and aftermarket revenues, as well as zero-turn mower sales.

The trend toward moderated optimism for the rural equipment market that showed up in 2019 looks to continue this year, with aftermarket revenue and zero-turn mowers being growth drivers in 2020. This is based on responses from dealers across North America in Rural Lifestyle Dealer’s 12th annual Dealer Business Trends & Outlook Report.

The moderation needs to be placed into context, however, as the rural equipment market remains strong with about 85% of dealers expecting 2020 to be a good year. 

The Business Trends & Outlook Report is the only one of its kind to analyze the rural lifestyle equipment niche. For some, the segment helps balance out declines in the ag equipment market. And for many, big changes happening in technology such as battery-powered equipment, autonomous mowers and connected devices will break open new sales opportunities.

Analyzing Data

Let’s get to the numbers. About 68% of the respondents have been serving the market for more than 16 years. They report that the niche continues to expand with about 53% saying their market has grown 5-19% in the last 5 years. (See more demographic data in the table at the bottom of this page.)

Dealer Takeaways

  • About 85% of North American rural equipment dealers say 2020 will be as good as or better than 2019. About 91% say aftermarket revenue will be as good as or better than last year.
  • The top 5 categories driving unit sales growth in 2020 are zero-turn mowers, tractors under 40 horsepower, rotary cutters, chain
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Lynn Marcinkowski Woolf

Lynn Marcinkowski Woolf was managing editor of Rural Lifestyle Dealer. Prior to that, she was a contributing writer for Rural Lifestyle Dealer and Farm Equipment magazines before becoming editor in 2012. She previously covered agriculture as a freelance writer for several industry publications. Lynn also worked in public relations and marketing and earned her accreditation in public relations. She is a graduate of the University of Wisconsin-Milwaukee and lives on a third-generation family farm in Kansas. Contact: lwoolf@lessitermedia.com

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