Press release
Global Farm Equipment Rental Market 2018 Share, Size, Growth, Status and Forecast 2022
Farm equipment rental is a service industry that provides various farm equipment to end-users on a rental basis. Usually, a rental agreement that specified an amount, deposit, date of delivery, and other terms and conditions is signed by both the parties before the transaction.Global Farm Equipment Rental Market to grow at a CAGR of 7.78% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the farm equipment rental market. To calculate the market size, the report considers the revenue generated from the rentals of several types of farm equipment such as tractors, harvesters, haying equipment, planters, and cultivators across the globe.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
farm equipment rental market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
• Deere & Company
• Flaman Group of Companies
• Messick’s
• Pacific Tractor
• Premier Equipment Rentals
• The Pape' Group
Market driver
• Increasing need to reduce the financial burden on farmers
• For a full, detailed list, view our report
Market challenge
• Growing support from the government to purchase new farm equipment
• For a full, detailed list, view our report
Market trend
• Rise in startups offering farm equipment on rent
• For a full, detailed list, view our report
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