Global Agriculture Equipment Market by Product Type (Agriculture tractors, Harvesters, Soil preparation & cultivation equipment, Irrigation & crop processing equipment, Agriculture spraying equipment, Hay & forage equipment, Other agriculture equipment), Industry trends, Estimation & Forecast, 2016 - 2024
Global Agriculture Equipment Market by Product Type (Agriculture tractors, Harvesters, Soil preparation & cultivation equipment, Irrigation & crop processing equipment, Agriculture spraying equipment, Hay & forage equipment, Other agriculture equipment), Industry trends, Estimation & Forecast, 2016 - 2024
The agriculture equipment market generated a revenue of $171 billion in 2016, and is projected to reach $279.5 billion by 2024, growing at a CAGR of 6.5% from 2017 to 2024. In 2016, Tractor market segment generated the highest revenue share in the global agriculture equipment market.
A set of machinery which is used for supporting agricultural activities called agriculture/farm equipment. The equipment vertical consists of a varied range of apparatuses and machinery such as tractors, plough, cultivation equipment, and harvesters. Several power tools, hand tools, and tractors along with the varied number of farm gears are a crucial part of the agriculture industry. Increasing adoption of technology driven agriculture equipment and escalating demand for food due to growing population are the reason for the growth of the market. Global market players are continuously revealing new and innovative products to maintain their market position and offer technologically advanced equipment.
MARKET DYNAMICS
With the alarming rate of population growth, an increase in the rate of urbanization, better diets and enhanced living standards are anticipated in the near future. Growing urge for food can increase the demand for agriculture equipment. An extensive support by the governments of various nations to the farmers for buying agriculture equipment for effective work output will stimulate the growth of the agriculture equipment market. Various government initiatives regarding loan policies, credit financing and farmer education can play a major role in mushing the market growth. These factors are leading to an increase in the adoption of advanced agriculture equipment. However, factors such as loss of skills, monotony and unemployment might restrain the market growth.
MARKET SEGMENTATION
The segmentation of the Agriculture equipment market is done on the basis of product type and geography. By equipment type, the market is segmented as agriculture tractors, harvesters, soil preparation and cultivation equipment, irrigation & crop processing equipment, agriculture spraying equipment, hay and forage equipment, and other agriculture equipment. Geographically, the market is categorized as North America, Europe, Asia Pacific and Rest of World.
The key market players are 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, Same Deutz-Fahr Group (SDF)
AGRICULTURE EQUIPMENT MARKET SEGMENTATION
By Product Type
North America
The agriculture equipment market generated a revenue of $171 billion in 2016, and is projected to reach $279.5 billion by 2024, growing at a CAGR of 6.5% from 2017 to 2024. In 2016, Tractor market segment generated the highest revenue share in the global agriculture equipment market.
A set of machinery which is used for supporting agricultural activities called agriculture/farm equipment. The equipment vertical consists of a varied range of apparatuses and machinery such as tractors, plough, cultivation equipment, and harvesters. Several power tools, hand tools, and tractors along with the varied number of farm gears are a crucial part of the agriculture industry. Increasing adoption of technology driven agriculture equipment and escalating demand for food due to growing population are the reason for the growth of the market. Global market players are continuously revealing new and innovative products to maintain their market position and offer technologically advanced equipment.
MARKET DYNAMICS
With the alarming rate of population growth, an increase in the rate of urbanization, better diets and enhanced living standards are anticipated in the near future. Growing urge for food can increase the demand for agriculture equipment. An extensive support by the governments of various nations to the farmers for buying agriculture equipment for effective work output will stimulate the growth of the agriculture equipment market. Various government initiatives regarding loan policies, credit financing and farmer education can play a major role in mushing the market growth. These factors are leading to an increase in the adoption of advanced agriculture equipment. However, factors such as loss of skills, monotony and unemployment might restrain the market growth.
MARKET SEGMENTATION
The segmentation of the Agriculture equipment market is done on the basis of product type and geography. By equipment type, the market is segmented as agriculture tractors, harvesters, soil preparation and cultivation equipment, irrigation & crop processing equipment, agriculture spraying equipment, hay and forage equipment, and other agriculture equipment. Geographically, the market is categorized as North America, Europe, Asia Pacific and Rest of World.
The key market players are 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, Same Deutz-Fahr Group (SDF)
AGRICULTURE EQUIPMENT MARKET SEGMENTATION
By Product Type
- Agriculture tractors
- Harvesters
- Soil preparation & cultivation equipment
- Agriculture spraying equipment
- Hay & forage equipment
- Irrigation & crop processing equipment
- Other agriculture equipment
North America
- U.S.
- Canada
- Mexico
- France
- Germany
- U.K.
- Rest of Europe
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Africa
- Middle East
- Deere & Company
- Mahindra Group
- AGCO Corporation
- Agrostroj Pelhrimov A.s
- Concern Tractor Plants
- China National Machinery Industry Corporation
- Valmont Industries Incorporated.
- Weifang Euroking Machinery
- Same Deutz-Fahr Group (SDF)
- Escorts Limited
CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. Secondary research
1.1.2. Primary research
1.1.3. Analyst tools and models
1.2. REPORT OVERVIEW
CHAPTER 2. MARKET OVERVIEW
2.1. VALUE CHAIN ANALYSIS
2.2. PORTER’S FIVE FORCES MODEL
2.3. MARKET SHARE ANALYSIS
2.4. INVESTMENT POCKETS
2.5. STRATEGIC ATTEMPTS
2.6. MARKET DETERMINANTS
2.6.1. Key impacting factors
2.6.2. Drivers
2.6.2.1. Precision farming
2.6.2.2. Growing population & economic stability
2.6.2.3. Mechanization in agricultutre
2.6.3. Restraints
2.6.3.1. Decreasing arable lands
2.6.4. Opportunities
2.6.4.1. Government support
CHAPTER 3. GLOBAL AGRICULTURE EQUIPMENT MARKET BY PRODUCT TYPE
3.1. INTRODUCTION
3.2. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024
3.3. AGRICULTURE TRACTORS
3.3.1. Current trends
3.3.2. Growth & opportunities
3.3.3. Global agriculture tractors market revenue by region, 2016-2024
3.4. HARVESTERS
3.4.1. Current trends
3.4.2. Growth & opportunities
3.4.3. Global harvesters market revenue by region, 2016-2024
3.5. SOIL PREPARATION AND CULTIVATION EQUIPMENT
3.5.1. Current trends
3.5.2. Growth & opportunities
3.5.3. Global soil preparation and cultivation equipment market revenue by region, 2016-2024
3.6. MILKING AND POULTRY MACHINES
3.6.1. Current trends
3.6.2. Growth & opportunities
3.6.3. Global milking and poultry machines market revenue by region, 2016-2024
3.7. AGRICULTURE AND SPRAYING EQUIPMENT
3.7.1. Current trends
3.7.2. Growth & opportunities
3.7.3. Global agriculture and spraying equipment market revenue by region, 2016-2024
3.8. HAY AND FORAGE MACHINES
3.8.1. Current trends
3.8.2. Growth & opportunities
3.8.3. Global hay and forage machines market revenue by region, 2016-2024
3.9. OTHER AGRICULTURE EQUIPMENT
3.9.1. Current trends
3.9.2. Growth & opportunities
3.9.3. Global other agriculture equipment market revenue by region, 2016-2024
CHAPTER 4. GLOBAL AGRICULTURE EQUIPMENT MARKET BY GEOGRAPHY
4.1. INTRODUCTION
4.2. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2016-2024
4.3. NORTH AMERICA
4.3.1. Market trends, growth and opportunities
4.3.2. United states
4.3.3. Canada
4.3.4. Mexico
4.3.5. North America Agriculture equipment market revenue by product type, 2016-2024
4.3.6. North America Agriculture equipment market revenue by country, 2016-2024
4.4. EUROPE
4.4.1. Market trends, growth & opportunities
4.4.2. Market eastimate and forcast
4.4.3. United kingdom
4.4.4. Germany
4.4.5. France
4.4.6. Rest of europe
4.4.7. Europe Agriculture equipment market revenue by product type, 2016-2024
4.4.8. Europe Agriculture equipment market revenue by country, 2016-2024
4.5. APAC
4.5.1. Market trends, growth & opportunities
4.5.2. Market eastimate and forcast
4.5.3. India
4.5.4. China
4.5.5. Japan
4.5.6. Rest of APAC
4.5.7. APAC Agriculture equipment market revenue by product type, 2016-2024
4.5.8. APAC Agriculture equipment market revenue by country, 2016-2024
4.6. REST OT THE WORLD
4.6.1. Market trends, growth & opportunities
4.6.2. Market eastimate and forcast
4.6.3. Latin america
4.6.4. Africa
4.6.5. Middle east
4.6.6. Rest of the world Agriculture equipment market revenue by product type, 2016-2024
4.6.7. Rest of the world Agriculture equipment market revenue by country, 2016-2024
CHAPTER 5. COMPANY PROFILES
5.1. MAHINDRA GROUP
5.1.1. Company overview
5.1.2. Company snapshot
5.1.3. Business overview
5.1.4. Strategic attempts
5.2. ESCORT LIMITED
5.2.1. Company overview
5.2.2. Company snapshot
5.2.3. Business overview
5.2.4. Strategic attempts
5.3. VALMONT INDUSTRIES, INC.
5.3.1. Company overview
5.3.2. Company snapshot
5.3.3. Business overview
5.3.4. Strategic attempts
5.4. DEERE & COMPANY
5.4.1. Company overview
5.4.2. Company snapshot
5.4.3. Business overview
5.4.4. Strategic attempts
5.5. AGCO CORPORATION
5.5.1. Company overview
5.5.2. Company snapshot
5.5.3. Business overview
5.5.4. Strategic attempts
5.6. SAME DEUTZ-FAHR
5.6.1. Company overview
5.6.2. Company snapshot
5.6.3. Business overview
5.6.4. Strategic attempt
5.7. AGROSTROJ PELHRIMOV, A.S
5.7.1. Company overview
5.7.2. Company snapshot
5.7.3. Business overview
5.7.4. Strategic attempts
5.8. CHINA NATIONAL MACHINERY INDUSTRY CORPORATION
5.8.1. Company overview
5.8.2. Company snapshot
5.8.3. Business overview
5.8.4. Strategic attempts
5.9. WEIFANG EUROKING MACHINERY
5.9.1. Company overview
5.9.2. Company snapshot
5.9.3. Business overview
5.9.4. Strategic attempts
5.10. CONCERN TRACTOR PLANTS
5.10.1. Company overview
5.10.2. Company snapshot
5.10.3. Business overview
5.10.4. Strategic attempts
1.1. RESEARCH METHODOLOGY
1.1.1. Secondary research
1.1.2. Primary research
1.1.3. Analyst tools and models
1.2. REPORT OVERVIEW
CHAPTER 2. MARKET OVERVIEW
2.1. VALUE CHAIN ANALYSIS
2.2. PORTER’S FIVE FORCES MODEL
2.3. MARKET SHARE ANALYSIS
2.4. INVESTMENT POCKETS
2.5. STRATEGIC ATTEMPTS
2.6. MARKET DETERMINANTS
2.6.1. Key impacting factors
2.6.2. Drivers
2.6.2.1. Precision farming
2.6.2.2. Growing population & economic stability
2.6.2.3. Mechanization in agricultutre
2.6.3. Restraints
2.6.3.1. Decreasing arable lands
2.6.4. Opportunities
2.6.4.1. Government support
CHAPTER 3. GLOBAL AGRICULTURE EQUIPMENT MARKET BY PRODUCT TYPE
3.1. INTRODUCTION
3.2. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024
3.3. AGRICULTURE TRACTORS
3.3.1. Current trends
3.3.2. Growth & opportunities
3.3.3. Global agriculture tractors market revenue by region, 2016-2024
3.4. HARVESTERS
3.4.1. Current trends
3.4.2. Growth & opportunities
3.4.3. Global harvesters market revenue by region, 2016-2024
3.5. SOIL PREPARATION AND CULTIVATION EQUIPMENT
3.5.1. Current trends
3.5.2. Growth & opportunities
3.5.3. Global soil preparation and cultivation equipment market revenue by region, 2016-2024
3.6. MILKING AND POULTRY MACHINES
3.6.1. Current trends
3.6.2. Growth & opportunities
3.6.3. Global milking and poultry machines market revenue by region, 2016-2024
3.7. AGRICULTURE AND SPRAYING EQUIPMENT
3.7.1. Current trends
3.7.2. Growth & opportunities
3.7.3. Global agriculture and spraying equipment market revenue by region, 2016-2024
3.8. HAY AND FORAGE MACHINES
3.8.1. Current trends
3.8.2. Growth & opportunities
3.8.3. Global hay and forage machines market revenue by region, 2016-2024
3.9. OTHER AGRICULTURE EQUIPMENT
3.9.1. Current trends
3.9.2. Growth & opportunities
3.9.3. Global other agriculture equipment market revenue by region, 2016-2024
CHAPTER 4. GLOBAL AGRICULTURE EQUIPMENT MARKET BY GEOGRAPHY
4.1. INTRODUCTION
4.2. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2016-2024
4.3. NORTH AMERICA
4.3.1. Market trends, growth and opportunities
4.3.2. United states
4.3.3. Canada
4.3.4. Mexico
4.3.5. North America Agriculture equipment market revenue by product type, 2016-2024
4.3.6. North America Agriculture equipment market revenue by country, 2016-2024
4.4. EUROPE
4.4.1. Market trends, growth & opportunities
4.4.2. Market eastimate and forcast
4.4.3. United kingdom
4.4.4. Germany
4.4.5. France
4.4.6. Rest of europe
4.4.7. Europe Agriculture equipment market revenue by product type, 2016-2024
4.4.8. Europe Agriculture equipment market revenue by country, 2016-2024
4.5. APAC
4.5.1. Market trends, growth & opportunities
4.5.2. Market eastimate and forcast
4.5.3. India
4.5.4. China
4.5.5. Japan
4.5.6. Rest of APAC
4.5.7. APAC Agriculture equipment market revenue by product type, 2016-2024
4.5.8. APAC Agriculture equipment market revenue by country, 2016-2024
4.6. REST OT THE WORLD
4.6.1. Market trends, growth & opportunities
4.6.2. Market eastimate and forcast
4.6.3. Latin america
4.6.4. Africa
4.6.5. Middle east
4.6.6. Rest of the world Agriculture equipment market revenue by product type, 2016-2024
4.6.7. Rest of the world Agriculture equipment market revenue by country, 2016-2024
CHAPTER 5. COMPANY PROFILES
5.1. MAHINDRA GROUP
5.1.1. Company overview
5.1.2. Company snapshot
5.1.3. Business overview
5.1.4. Strategic attempts
5.2. ESCORT LIMITED
5.2.1. Company overview
5.2.2. Company snapshot
5.2.3. Business overview
5.2.4. Strategic attempts
5.3. VALMONT INDUSTRIES, INC.
5.3.1. Company overview
5.3.2. Company snapshot
5.3.3. Business overview
5.3.4. Strategic attempts
5.4. DEERE & COMPANY
5.4.1. Company overview
5.4.2. Company snapshot
5.4.3. Business overview
5.4.4. Strategic attempts
5.5. AGCO CORPORATION
5.5.1. Company overview
5.5.2. Company snapshot
5.5.3. Business overview
5.5.4. Strategic attempts
5.6. SAME DEUTZ-FAHR
5.6.1. Company overview
5.6.2. Company snapshot
5.6.3. Business overview
5.6.4. Strategic attempt
5.7. AGROSTROJ PELHRIMOV, A.S
5.7.1. Company overview
5.7.2. Company snapshot
5.7.3. Business overview
5.7.4. Strategic attempts
5.8. CHINA NATIONAL MACHINERY INDUSTRY CORPORATION
5.8.1. Company overview
5.8.2. Company snapshot
5.8.3. Business overview
5.8.4. Strategic attempts
5.9. WEIFANG EUROKING MACHINERY
5.9.1. Company overview
5.9.2. Company snapshot
5.9.3. Business overview
5.9.4. Strategic attempts
5.10. CONCERN TRACTOR PLANTS
5.10.1. Company overview
5.10.2. Company snapshot
5.10.3. Business overview
5.10.4. Strategic attempts