Agriculture and Farm Machinery Market Trend 2021: Industry Share, Size, Segment, Key Players and Regional Analysis - Deutz-Fahr, Bucher Industries AG, AGCO Corporation, Iseki & Co., Ltd., J.C. Kubota Corporation

Agriculture and farm machinery is comprised of tools and machinery required by farmers in agricultural farmlands to increase the productivity of corps. These types of machinery include harvesting machinery, tractors, cultivators, etc. that are used for numerous applications such as tilling, plowing, disking, and harvesting. These machineries vary on the basis of the type of farming, i.e. organic farming and non-organic farming. Over the years, agriculture machinery has evolved significantly with the incorporation of advanced technologies such as GPS tracking and enhanced fuel efficiency.

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Farming and agriculture machinery is significantly expensive. Machineries such as cultivators, tractors, harvester, crop spray, and trailers require significant capital investment. Not all farmers can afford such heavy equipment due to low purchase power, especially farmers from emerging economies such as India, Brazil, Indonesia, and South Africa. As a result of this, the demand for these machineries is low in emerging regions such as Latin America and Middle East. Thus, these factors are expected to restrain growth of the market during the forecast period.

Key Players in the Global Agriculture and Farm Machinery Market:-
Major companies operating in the global agriculture and farm machinery market are CNH Global NV, Yamabiko Corporation, Deere and Company, Mahindra & Mahindra Limited, CLAAS KGaA mbH, Same Deutz-Fahr, Bucher Industries AG, AGCO Corporation, Iseki & Co., Ltd., J.C. Bamford Excavators Limited (JCB), Kubota Corporation, and Alamo Group, Inc.

Global Agriculture and Farm Machineryss Market Taxonomy:-
By Product Type:
• Farm Tractors,
• Harvesting Machinery,
• Plowing and Harvesting Machinery,
• Planting and Fertilizing Machinery
• Haying Machinery,
• Other Agriculture Machinery, Parts and Attachment.

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The report also sheds light on the vendor landscape, in order to inform the readers about the changing dynamics of the market. The report plays host to information such as theAgriculture and Farm Machineryss products developed by these companies, that is certain to help established companies as well as new entrants to plan their strategies. The researchers and analysts have provided in-depth analysis of the market segmentation based on the type, application, and geography.

Geographical Cover:-
• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa

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