Press release
Agricultural Equipment Market With Top Companies AGCO, CLAAS KGaA mbH, CNH Industrial N.V., Kubota
Agricultural machinery or equipment is machinery used in agriculture and farming applications. Different types of tools and equipment are used in agricultural applications such as hand tools, power tools, tractors, and more. Moreover, equipment varies according to the type of farming, i.e. organic farming and inorganic farming. Tractors, seed drill, thresher, combine harvesters, rotavators, power weeder, mowers, rakes, and balers are some of the commonly used agricultural equipment. Technological revolution and constant research & development have introduced high-functioning equipment that performs extensive amount of work efficiently.๐ป๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐ ๐๐๐-
AGCO Corp, Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial N.V., Kubota Corporation, ISEKI & CO. LTD., Tractor and Farm Equipment Limited, SDF S.p.A., Deere & Company, EXEL Industries, and Mahindra & Mahindra Ltd.
๐พ๐๐๐ ๐ ๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐? ๐ช๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐ ๐ ๐๐ ?
Currently, the research report pays particular attention to the following regions:
๐ต๐๐๐๐ ๐จ๐๐๐๐๐๐ (๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐, ๐ช๐๐๐๐ ๐, ๐ด๐๐๐๐๐), ๐ฌ๐๐๐๐๐ (๐ฎ๐๐๐๐๐๐, ๐ผ๐๐๐๐๐ ๐ฒ๐๐๐๐ ๐๐, ๐ญ๐๐๐๐๐, ๐ฐ๐๐๐๐, ๐น๐๐๐๐๐, ๐บ๐๐๐๐, ๐๐๐.), ๐บ๐๐๐๐ ๐จ๐๐๐๐๐๐ (๐ฉ๐๐๐๐๐, ๐จ๐๐๐๐๐๐๐๐, ๐๐๐.) ๐๐๐ ๐ด๐๐ ๐ ๐๐ ๐ฌ๐๐๐ ๐๐๐ ๐จ๐๐๐๐๐ (๐บ๐๐๐ ๐ ๐จ๐๐๐๐๐, ๐บ๐๐๐๐ ๐จ๐๐๐๐๐, ๐๐๐.)
** A country of specific interest can be included at no additional cost. For the inclusion of more regional segments, quotes may vary.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐๐จ๐ฐ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ฆ๐ ๐๐๐ง๐๐๐ข๐ญ๐ฌ!
https://www.coherentmarketinsights.com/insight/request-sample/3279
**๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐๐๐,๐๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐ง๐ ๐๐ก๐๐ซ๐ญ+๐๐ ๐ฆ๐ข๐ง๐ฎ๐ญ๐๐ฌ ๐จ๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง
The global agricultural equipment market is estimated to account for US$ 110.7 Bn in terms of by the end of 2019
Market Dynamics- Driver
Increasing demand for food across the world due to rapidly growing population is expected to drive growth of the global agricultural equipment market during the forecast period
Global population is increasing rapidly, which is expected to increase the demand for food. According to Coherent Market Insightsโ analysis, the world population is expected to increase at a rate of 30% by 2050. According to the World Bank, in 2018, the global population was around 7.59 billion, increasing from 6.75 billion in 2008. Moreover, the global population is expected to reach 8.5 billion by 2030. This is rising the need for food thereby boosting the demand for agricultural machinery and equipment.
Proactive initiatives taken by government agencies such as subsidies and incentives are expected to propel the global agricultural equipment market growth over the forecast period
In many countries, the Governments offer supporting policies to farmers to purchase agricultural equipment, in order to work more efficiently. The government offer subsidies, credit schemes, subsidized interest rates, in order to boost the market growth. For instance, in July 2016, the German Government associated Agricultural Rentenbank offered an effective 10-year fixed rate of 1.0% on a 30-year loan for its most preferred customers. Moreover, in India, Rashtriya Krishi Vikas Yojana supports the farmers to purchase agricultural equipment at subsidized.
๐๐๐ญ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.coherentmarketinsights.com/insight/request-pdf/3279
๐๐๐ญ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
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