Farm Equipment Industry SWOT Analysis, Size, Share, Price, Trends and Growth Forecast to 2025

Farm Equipment Industry

Description

Global Farm Equipment Market is valued at $158.92 billion in 2015 and is expected to grow at a CAGR of 9.6% to reach $301.97 billion by 2022. In the present scenario the demand and supply ratios for the food market is not up to the mark and is witnessing a huge deficit across the globe, these factors are demanding the need for food supply. Population growth and need for the mechanization of the farming are the factors favoring the market growth. However, factors such as increasing subsidies provided by government to purchase farm equipment and support farming practices for improved quality crops inhibit the market growth.

Farm tractors segment is anticipated to be the largest market segment due to the growing demand. Planting equipment and harvesting equipment segments are likely to be the emerging market owing to the presence of large cultivation areas and less manpower. However, Asia Pacific is estimated to be the fastest growing region due to the presence of world’s largest food supplier economies, i.e China and India.

Some of the key players in farm equipment market include

AGCO Corporation, Alamo Group, Inc., Bucher Industries AG, Caterpillar Incorporated, CLAAS KGaA mbH, CNH Global N.V, Deere & Company, Escorts Limited, Fiat Industrial SpA, Groupe Exel Industries, Iseki & Co., Ltd, J.C. Bamford Excavators Limited (JCB), Kubota Corporation, Mahindra & Mahindra Limited and Yamabiko Corporation.

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Types Covered:

• Fertilizing and Plant protection Equipment
• Irrigation Equipment
o Drip Irrigation Equipment
o Sprinkler Irrigation Equipment
• Planting Equipment
• Tillage Equipment
o Power Tiller
o Rotavator
o Zero Till Seed Drill
• Tractors
• Harvesting Equipment
o Combine Harvesters
o Threshers
o Other Harvesting Equipments
• Crop processing Equipment
• Hay and Forage Equipment
• Other Types
o Laser Land Leveler
o Multi Crop Planter
o Power Spray
o Power Weeder
o Rice Transplanter
o Self-Propelled Vertical Conveyer Reaper

Processes Covered:
• Harvesting & Threshing
• Land Development, Tillage, Seed Bed Preparation
• Plant Protection
• Post-Harvest & Agro Processing
• Sowing & Planting
• Weed Inter Cultivation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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About the Author :

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

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