Press release
Agriculture Equipment Market 2018 Global Major Key Players: AGCO, JC Bamford Excavators, Deere & Company, CNH Industrial N.V, Kubota, Iseki, Daedong Industrial, Mahindra & Mahindra, Escorts
Agriculture Equipment Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Agriculture Equipment Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022Global Agriculture Equipment Market Information Report By Product Type (Tractors, Harvesters, Cultivation & Soil Separation Equipment And Others), By Function (Harvesting, Planting & Fertilizing, Haying, Plowing & Cultivation And Others) And By Region - Global Forecast To 2022
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Market Scenario
Agriculture equipment refers to all those machines which facilitate the production and processing of agricultural crops and agricultural livestock. All agricultural land require a wide range of equipment such as tractor, harvester, land leveler and others for a wide range of farming practices such as planting, harvesting, irrigation and others.
The growth of the agricultural equipment market is majorly attributed to the use of tools and machinery for agricultural activities. The increase in adoption of technology driven agricultural equipment and the rapid increase in demand for food owing to the increasing population is driving to the growth of the market. The extensive research and development for introduction of new and advanced technology by the existing market players is further leading to growth of the market. The introduction of government initiatives for increasing the production and making the cultivation process faster is also leading to increase in adoption of agriculture equipment by the farmers.
The Key Players of Agriculture Equipment Market Are:
AGCO Corp. (U.S.), JC Bamford Excavators Limited (U.K.), Deere & Company (U.S.), CNH Industrial N.V. (U.K.), Kubota Corporation (Japan), Iseki & Co., Ltd. (Japan), Daedong Industrial Co., Ltd. (U.S.), Mahindra & Mahindra Limited (India), Escorts Limited (India) and others.
Market Research Analysis
The tractor is dominating the agriculture equipment market as it can perform many functions on agricultural land and are the most versatile equipment used in farming. When tractor technologies are combined with the GPS systems, they function as highly efficient and productive equipment which assist in performing major agricultural tasks. With the major concern of water conservation, drip irrigation equipment is also expected to grow significantly.
Asia-Pacific region is expected to dominate the Agriculture equipment market with the highest CAGR. The low rate of mechanization in the agriculture sector in developing nations such as India and China is expected to reveal huge opportunities for adopting mechanized farming practices in the region. This would, in turn lead the agricultural equipment market in the Asia-pacific region. North America and Europe are forecast to witness slow growth, owing to the existence of highly mechanized agricultal practices in the region.
However the cost of materials for the manufacturers is high which can hamper the growth of the market.
Scope of the Report
This study provides an overview of the Global Agriculture Equipment Market, tracking two market segments across four geographic regions. The report has studies of the key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Agriculture Equipment Market by its product type, function and region.
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Table of Contents
1 EXECUTIVE SUMMARY
2 INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE
7 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY REGION
8 COMPETITIVE SCENARIO
9 COMPANY PROFILE
10 LIST OF TABLES
11 LIST OF FIGURES
Continued…….
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