Future Scope of Brazil Agricultural Machinery Market | Top Key Players - Deere & Company, Mahindra Tractors, CNH Industrial, Kubota, AGCO | Forecast Analysis to 2023

Marketprognosis.com Publish a New Market Research Report On “Brazil Agricultural Machinery Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)” which contains Brazil key player’s survey information and forecast to 2023.

Overview of the Brazil Agricultural Machinery Market:

The report spread across 74 pages is an overview of the Brazil Agricultural Machinery Market - Analysis of Growth, Trends, and Forecast (2018 - 2023). These report study based on the Agricultural Machinery Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

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Brazil Agricultural Machinery Market is expected to grow at a CAGR of 6.68% during the forecast period, 2018-2023. The Brazilian Agricultural Machinery scenario is characterized by an active manufacturing and trading industry. The country agricultural machinery industry is dominated mainly by the local machinery manufacturers and Brazil is the sixth largest exporter of the machinery units.

Soybean is the majorly cultivated and exported crop in Brazil. In 2017, Brazilian farmers have witnessed an increase in the soybean production by 2% from 2016 covering approximately 33 million hectares of cultivated land in the country. The farmer’s investment towards high cost inputs resulted in positive yields of the soybean crop. Increasing high-cost inputs in the agricultural farms will prevail over the forecast period as the country’s economic conditions have started recovering in 2017 and anticipated to grow during the forecast period. High return profits with increasing crop production and investment towards technology will urge the farmers to adopt agricultural machinery during the forecast period.

Tractors and Combine Harvesters remain the most popular machinery, with a well-developed ecosystem of manufacturing and sales by a number of regional manufacturers. Recently, self-propelled sprayers have been primarily adopted by the small and medium scale farmers due to its high benefits with competitive pricing over traditional sprayers in the market.

As per the market share, Brazil is the largest market in the South American region for farm equipment, having local manufacturers and a low proportion of import equipment. Agricultural machinery industry is dominated by the local manufactures like Agrale, AGCO followed by the global players John Deere, CNH industrial, Kuhn Group, etc.

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Major Key Players:

1 Deere & Company

2 Mahindra Tractors

3 CNH Industrial

4 Kubota Corporation

5 AGCO and More…………..

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

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In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Agricultural Machinery Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview And Technology Trends

5 Market Dynamics

6 Brazil Agricultural Machinery Market Segmentation, By Machinery Type

7 Competitive Landscape

8 Company Profiles

9 Future of the Market

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