Farm Equipment Market to Witness High Demand During 2019-2026 with Top Key Players | AGCO Corporation. KUBOTA Corporation, CLAAS KGaA mbH, SDF S.p.A., Deere & Company, Mahindra & Mahindra Ltd

Global Farm Equipment Market By Power Output (Farm Tractor, Autonomous Tractor), Farm Tractor Drive Type (Four-Wheel, Two-Wheel), Equipment Type (Balers, Combines, Sprayers), Function (Harvesting & Threshing, Sowing & Planting, Ploughing & Cultivating, Plant Protection & Fertilizing, Others), Rental Equipment Type (Combines, Tractors, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Global Farm Equipment Market is expected to grow from its initial estimated value of USD 101.89 billion in 2018 to a projected value of USD 138.69 billion by 2026, registering a CAGR of 3.93% in the forecast period of 2019-2026

Farm equipment is a categorical name given to the equipments and machinery that are used by farmers in various agricultural activities, such as harvesting, ploughing, seeding, and various other activities. These equipments are in mechanized form and thereby result in increased output from the farm land subsequently resulting in increased profit margins.

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Global farm equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of farm equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Companies Profiled in this report includes, AGCO Corporation; KUBOTA Corporation; CLAAS KGaA mbH; SDF S.p.A.; Deere & Company; Mahindra & Mahindra Ltd.; J C Bamford Excavators Ltd.; Escorts Limited; Alamo Group Inc.; Bucher Industries; CNH Industrial N.V.; ISEKI & CO., LTD.; YANMAR CO., LTD.; Exel Industries; ZETOR TRACTORS a.s.; Tractors and Farm Equipment Limited and International Tractors Limited.

Market Drivers:
Increasing adoption of mechanized methods of agriculture and capital-intensive agriculture techniques due to the increased efficiency and effectiveness associated with the usage of the equipments; this factor is expected to act as a driver for the market growth

Market Restraint:
Lower adoption rates from farmers of developing regions for the usage of high cost farm equipment; this factor is expected to restrain the market growth

Segmentation: Global Farm Equipment Market

• By Power Output: Farm Tractor( Less than 30 Horsepower, 31-70 Horsepower, 71-130 Horsepower, 131-250 Horsepower, Greater than 250 Horsepower), Autonomous Tractor( Less than 30 Horsepower, 31-100 Horsepower, Greater than 100 Horsepower

• By Farm Tractor Drive Type: Four-Wheel, Two-Wheel

• By Equipment Type: Balers; Combines, Non-Cereal Crops, Cereal Crops, Sprayers

• By Function: Harvesting & Threshing, Sowing & Planting, Ploughing & Cultivating, Plant Protection & Fertilizing, Others

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In this document, market segmentation is performed in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. For better decisions, more revenue generation, and profitable business, such Farm Equipment market research report is the key. All this data and information is very important to the businesses when it comes to characterize the strategies about the production, marketing, sales, promotion and distribution of the products and services.

Reasons to purchase this Farm Equipment premium report

• This Farm Equipment research report illuminates the market development of a few sorts of items sold by driving organizations.
• It delivers the market Dynamics in which the authors of the report have comprehensively discussed about the key drivers, restraints, challenges, trends and opportunities of the global market
• The investigators composing the report have profoundly surveyed the market capability of key applications and distinguished future opportunities they are relied upon to make in the worldwide market.
• Each provincial market is painstakingly investigated for understanding its present and future development situations.
• Top players of the worldwide market are altogether profiled in the report dependent on their piece of the overall industry, showcase served, items, applications, territorial development, and different variables.

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