Agriculture Equipment Market Growth, Trends, Analysis and Industry Forecast 2015-2022 | Key Players include Deere & Company, Mahindra Group, AGCO Corporation

Agriculture Equipment Market Report forecasts that the global market is expected to garner $243.5 billion by 2022, registering a CAGR of 5.9% during the period 2016-2022. Factors that foster the growth of the market are increased mechanization of agricultural activities, economic stability, and increasing demand for food owing to the growing population, particularly in the developing regions. In the year 2015, Asia-Pacific generated the highest revenue, accounting for around 40% share in the overall agriculture equipment market, followed by North America and Europe.

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Agriculture tractors, harvesters, soil preparation and cultivation equipment, irrigation & crop processing equipment, agriculture spraying equipment, hay and forage equipment are the major agriculture equipment considered in the study. Tractors constituted nearly one-third of the overall agriculture equipment market revenue in 2015, and are likely to remain the highest revenue contributors throughout the analysis period. Tractors are indispensable farm equipment, used for various activities, both as a standalone equipment and also with other implements. Harvesters is the second largest product category in terms of revenue generation. The market for harvesters is anticipated to grow with the highest CAGR of 6.9% during the forecast period.

The Major players reported in the market include:

The key companies profiled include Deere & Company, Mahindra Group, AGCO Corporation, Agrostroj Pelhrimov A.s, Concern Tractor Plants, Escorts Limited, China National Machinery Industry Corporation, Valmont Industries Incorporated., Weifang Euroking Machinery, and Same Deutz-Fahr Group (SDF).

KEY BENEFITS

The study provides an in-depth analysis of the Agriculture Equipment market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2015-2022 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

Market-By Product Type

Agriculture tractors

Harvesters

Soil preparation & cultivation equipment

Irrigation & crop processing equipment

Agriculture spraying equipment

Hay & forage equipment

Other agriculture equipment

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

 

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD AGRICULTURE EQUIPMENT MARKET, BY END USER

CHAPTER 5 WORLD AGRICULTURE EQUIPMENT MARKET, BY APPLICATION

CHAPTER 6 WORLD AGRICULTURE EQUIPMENT MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Wednesday June 12 2019, 6:15 PM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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