Agriculture Equipment Market Size, Share & Industry Analysis, By Equipment Type (Agriculture Tractors, Harvesting Equipment, Irrigation & Crop Processing Equipment, Agriculture Spraying & Handling Equipment, Soil Preparation & Cultivation Equipment and Others (Hay & Forage Equipment, trailers, etc.), By Application (Land Development, Threshing and Harvesting, Plant Protection, After Agro Processing), and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

  • TBI848896
  • August 25, 2020
  • Global
  • 132 pages
  • ROIF Expert
                                          

We have updated Agriculture Equipment Market with respect to COVID-19 Business Impact. Inquire before buying This report focuses on the Agriculture Equipment market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Agriculture Equipment market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.

Global Agriculture Equipment Market: Segment Analysis

The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.

Global Agriculture Equipment Market: Regional Analysis

The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.

Global Agriculture Equipment Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.

List of Companies Profiled

Prominent players have adopted strategies including mergers and acquisitions, advanced product launches, investment in research and development, etc. to sustain in the intense market competition, according to the market forecast of agriculture equipment. Moreover, these players are continuously focusing on technological advancements such as, agriculture robots, flying drones, etc. and are following equipment-manufacturing standards to remain in possible leading position in this market. For instance, AGCO Corporation launched Massey Fergusson tractors, expanding the MF5700 tractor global series.

List of Key Companies Profiled:

  • Deere & Company
  • AGCO Corporation
  • Alamo Group Inc.
  • Kubota Corporation
  • Mahindra & Mahindra Ltd.
  • Iseki & Co., Ltd.
  • Claas KGaA mbH
  • China National Machinery Industry Corporation
  • Valmont Industries, Inc.
  • SDF S.p.A.
  • International Tractors Limited

KEY INDUSTRY DEVELOPMENTS:

March 2020

- Kubota Corporation acquired 10% equity shares in Escorts Ltd. to expand the product life in development, manufacturing, and sourcing for the Indian and global markets.

November 2017

-Deere & Company acquired Blue River Technology, an AI startup, for approximately USD 300million. The AI technology helps tractors to understand crops such as corn, lettuce, etc.

OVERVIEW OF THE COMPETITIVE LANDSCAPE

Major Companies Are Offering Strategic Plans to Attract End-Users The major companies in the market are Deere & Company, Kubota Corporation, Mahindra and Mahindra, AGCO Corporation, CNH Industrial N.V. (New Holland), China National Machinery Industry Corporation. These companies are likely to hold approximately 50% of the agriculture equipment market share, owing to their strong presence across the globe.

FUTURE SCENARIO

The future of agriculture equipment is promising, along with better end-user engagement and return on investment. Implementation of innovative measuring and controlling technology in the agriculture equipment has encouraged farmers to buy the equipment through the suppliers, distributors or directly from the manufacturers. The manufacturers are shifting towards technological advancements including AI and IoT to generate more revenue and offer competitive products. The prominent players are also aiming to provide best equipment quality along with providing appropriate applications to its end-users. Therefore, this market shows potential in the future ahead.

REPORT COVERAGE

The agriculture equipment market report focuses on leading regions across the globe to offer a better understanding to end-users. Moreover, the report offers insights into the industry dynamics and analyzes technologies that are utilized at a rapid pace across the world. It also displays some of the key factors and restraints to help the readers to gain in-depth knowledge about this market.

REPORT SCOPE & SEGMENTATION

Segmentation

By Equipment Type

  • Agriculture Tractors
  • Harvesting Equipment
  • Irrigation & Crop Processing Equipment
  • Agriculture Spraying & Handling Equipment
  • Soil Preparation & Cultivation Equipment
  • Others (Hay & Forage Equipment, trailers, etc.)

By Application

  • Land Development
  • Threshing and Harvesting
  • Plant Protection
  • After Agro Processing

By Region

  • North America (U.S. and Canada)
  • Europe (Germany, Italy, France, U.K., Belgium, Spain, and Rest of Europe)
  • Asia-Pacific (China, India, Japan, Southeast Asia, and Rest of Asia-Pacific)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
 

Table of Content
Chapter 1. Methodology and Scope 
1.1. Research Methodology 
1.2. Research Scope & Assumptions 
1.3. List of Data Sources
Chapter 2. Executive Summary
Chapter 3. Agriculture Equipment Market
3.1. Market Segmentation 
3.2. Market Size and Growth Prospects, 2019 - 2029 
3.3. Value Chain Analysis 
3.4. Market Dynamics 
3.4.1. Market driver analysis 
3.4.2. Market restraint analysis
Chapter 4. Market Size by Application
4.1 Agriculture Equipment Market Consumption by Application (2015-2020) 
4.2 Agriculture Equipment Market Consumption by Application (2020-2029) 

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