Global Agricultural Equipment Market Size study, by Type (Tractors, Harvesters, Soil Preparation & Cultivation, Irrigation & Crop Processing, Agriculture Spraying Equipment, Hay & Forage Machines, and Others), Automation (Manual, Semi-Automatic, and Automatic Equipment) and Regional Forecasts 2020-2027

  • Report Code : BIZ2080617
  • Published On: Oct, 2020
  • Category : Agriculture
  • Pages : 200

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  • Global Agricultural Equipment Market is valued approximately USD 106.53 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.15 % over the forecast period 2020-2027. Agricultural equipment involves the use of machinery to perform farm activities. These equipment’s includes use of cultivators, plows, tractors and harvesters. The use of these machinery aids in increasing high crop yield with comparatively less time and minimum efforts. The increasing demand for modernization and mechanization in the agricultural sector along with shortage of skilled labor and increasing labor costs drives the market for agricultural equipment. For Instance: Mahindra & Mahindra’s Farm equipment witnessed a growth of 69% in August 2020 with domestic tractor sales reaching 23,503 units. The company has sold 13,871 units of tractors in August 2019. Further, International Tractors Ltd. also witnessed an increase in the Tractor sales in the month of August 2020 with sales reaching 8205 units in the domestic market an increase of 80% from August 2019. Also, increased demand for crop production owing to increased food consumption across the globe and rising population further support the market growth. Further, supportive government initiatives and regulations further augment the market growth. As the Indian Government in August 2020, issued a notification for separate emission norms for agricultural machinery and construction equipment vehicles. However, high costs of equipment impede the growth of the market over the forecast period of 2020-2027. Although, innovation in sector owing to autonomous tractors presents a lucrative opportunity for the market.

    The regional analysis of global Agricultural Equipment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing use of advanced machineries in the farms and increased innovation in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising population and high dependency on agricultural sector would create lucrative growth prospects for the Agricultural Equipment market across Asia-Pacific region.


    Major market player included in this report are:

    John Deere

    AGCO Corporation

    CNH Industrial

    CLAAS

    Kubota

    Mahindra & Mahindra

    SPF Group

    J C Bamford Excavators

    Iseki Co., Ltd.

    Deutz-Fahr Group S.p.A

    The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-
    segment of the market are explained below:

    By Type:

    Tractors

    Harvesters

    Soil Preparation & Cultivation

    Irrigation & Crop Processing

    Agriculture Spraying Equipment

    Hay & Forage Machines

    Others

    By Automation:

    Manual

    Semi-Automatic

    Automatic Equipment

    By Region:

    North America

    U.S.

    Canada

    Europe

    UK

    Germany

    France

    Spain

    Italy

    ROE

    Asia Pacific

    China

    India

    Japan

    Australia

    South Korea

    RoAPAC

    Latin America

    Brazil

    Mexico

    Rest of the World


    Furthermore, years considered for the study are as follows:

    Historical year – 2017, 2018

    Base year – 2019

    Forecast period – 2020 to 2027

    Target Audience of the Global Agricultural Equipment Market in Market Study:

    Key Consulting Companies & Advisors

    Large, medium-sized, and small enterprises

    Venture capitalists

    Value-Added Resellers (VARs)

    Third-party knowledge providers

    Investment bankers

    Investors

     

  • With tables and figures helping analyze worldwide Global Agricultural Equipment market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1. Executive Summary
    1.1. Market Snapshot
    1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    1.2.1. Agricultural Equipment Market, by Region, 2018-2027 (USD Billion)
    1.2.2. Agricultural Equipment Market, by Type, 2018-2027 (USD Billion)
    1.2.3. Agricultural Equipment Market, by Automation, 2018-2027 (USD Billion)
    1.3. Key Trends
    1.4. Estimation Methodology
    1.5. Research Assumption
    Chapter 2. Global Agricultural Equipment Market Definition and Scope
    2.1. Objective of the Study
    2.2. Market Definition & Scope
    2.2.1. Scope of the Study
    2.2.2. Industry Evolution
    2.3. Years Considered for the Study
    2.4. Currency Conversion Rates
    Chapter 3. Global Agricultural Equipment Market Dynamics
    3.1. Agricultural Equipment Market Impact Analysis (2018-2027)
    3.1.1. Market Drivers
    3.1.2. Market Challenges
    3.1.3. Market Opportunities
    Chapter 4. Global Agricultural Equipment Market Industry Analysis
    4.1. Porter’s 5 Force Model
    4.1.1. Bargaining Power of Suppliers
    4.1.2. Bargaining Power of Buyers
    4.1.3. Threat of New Entrants
    4.1.4. Threat of Substitutes
    4.1.5. Competitive Rivalry
    4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
    4.2. PEST Analysis
    4.2.1. Political
    4.2.2. Economical
    4.2.3. Social
    4.2.4. Technological
    4.3. Investment Adoption Model
    4.4. Analyst Recommendation & Conclusion
    Chapter 5. Global Agricultural Equipment Market, by Type
    5.1. Market Snapshot
    5.2. Global Agricultural Equipment Market by Type, Performance - Potential Analysis
    5.3. Global Agricultural Equipment Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
    5.4. Agricultural Equipment Market, Sub Segment Analysis
    5.4.1. Tractors
    5.4.2. Harvesters
    5.4.3. Soil Preparation & Cultivation
    5.4.4. Irrigation & Crop Processing
    5.4.5. Agriculture Spraying Equipment
    5.4.6. Hay & Forage Machines
    5.4.7. Others
    Chapter 6. Global Agricultural Equipment Market, by Automation
    6.1. Market Snapshot
    6.2. Global Agricultural Equipment Market by Automation, Performance - Potential Analysis
    6.3. Global Agricultural Equipment Market Estimates & Forecasts by Automation 2017-2027 (USD Billion)
    6.4. Agricultural Equipment Market, Sub Segment Analysis
    6.4.1. Manual
    6.4.2. Semi-Automatic
    6.4.3. Automatic Equipment
    Chapter 7. Global Agricultural Equipment Market, Regional Analysis
    7.1. Agricultural Equipment Market, Regional Market Snapshot
    7.2. North America Agricultural Equipment Market
    7.2.1. U.S. Agricultural Equipment Market
    7.2.1.1. Type breakdown estimates & forecasts, 2017-2027
    7.2.1.2. Automation breakdown estimates & forecasts, 2017-2027
    7.2.2. Canada Agricultural Equipment Market
    7.3. Europe Agricultural Equipment Market Snapshot
    7.3.1. U.K. Agricultural Equipment Market
    7.3.2. Germany Agricultural Equipment Market
    7.3.3. France Agricultural Equipment Market
    7.3.4. Spain Agricultural Equipment Market
    7.3.5. Italy Agricultural Equipment Market
    7.3.6. Rest of Europe Agricultural Equipment Market
    7.4. Asia-Pacific Agricultural Equipment Market Snapshot
    7.4.1. China Agricultural Equipment Market
    7.4.2. India Agricultural Equipment Market
    7.4.3. Japan Agricultural Equipment Market
    7.4.4. Australia Agricultural Equipment Market
    7.4.5. South Korea Agricultural Equipment Market
    7.4.6. Rest of Asia Pacific Agricultural Equipment Market
    7.5. Latin America Agricultural Equipment Market Snapshot
    7.5.1. Brazil Agricultural Equipment Market
    7.5.2. Mexico Agricultural Equipment Market
    7.6. Rest of The World Agricultural Equipment Market
    Chapter 8. Competitive Intelligence
    8.1. Top Market Strategies
    8.2. Company Profiles
    8.2.1. John Deere
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Product Summary
    8.2.1.5. Recent Developments
    8.2.2. AGCO Corporation
    8.2.3. CNH Industrial
    8.2.4. CLAAS
    8.2.5. Kubota
    8.2.6. Mahindra & Mahindra
    8.2.7. SPF Group
    8.2.8. J C Bamford Excavators
    8.2.9. Iseki & Co., Ltd.
    8.2.10. Deutz-Fahr Group S.p.A
    Chapter 9. Research Process
    9.1. Research Process
    9.1.1. Data Mining
    9.1.2. Analysis
    9.1.3. Market Estimation
    9.1.4. Validation
    9.1.5. Publishing
    9.2. Research Attributes
    9.3. Research Assumption

     

  • The Global Agricultural Equipment Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • John Deere
    • AGCO Corporation
    • CNH Industrial
    • CLAAS
    • Kubota
    • Mahindra & Mahindra
    • SPF Group
    • J C Bamford Excavators
    • Iseki Co., Ltd.
    • Deutz-Fahr Group S.p.A
    By Regions:
    • North America
    • U.S.
    • Canada
    • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • ROE
    • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • RoAPAC
    • Latin America
    • Brazil
    • Mexico
    • Rest of the World
    By Type:
    • Tractors
    • Harvesters
    • Soil Preparation & Cultivation
    • Irrigation & Crop Processing
    • Agriculture Spraying Equipment
    • Hay & Forage Machines
    • Others
    By Application:
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    Research objectives

    Where will all these developments take the industry in the long

    To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

    What are the future opportunities in the market?

    To understand the structure of Market by identifying its various subsegments.

    What are the major driving forces expected to impact the development of the market market across different regions?

    To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

    Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

    To project the consumption of market submarkets, with respect to key regions.

    Who are the major driving forces expected to decide the fate of the industry worldwide.

    To strategically profile the key players and comprehensively analyze their growth strategies.

    What are the key barriers and threats believed to hinder the development of the industry?

    To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

    Who are the prominent market players making a mark in the market with their winning strategies?

    To share detailed information about the key factors influencing the growth of the market

    What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

    Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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