With escalating demand for food owing to growing populationinadequate arable landwater scarcityand degradation of soil fertilitythe agriculture industry is facing concerns related to production. Due to industrializationmore agriculture lands are used for commercial purposeresulting in population shift toward citieslimited availability of laborandreased wages. To counter these concernsmechanization trend isreasing to improve the efficiency of farmland.The growth factors are a reduction in production timeimproved qualityand cost saving.
The bottom-up approach has been used to estimate the farm tractor marketby power output. The country-level tractor sales numbers are multiplied by country-level penetration of each category of power output. The country-level marketby volumeis multiplied by the country-level average selling price of farm tractors with each category of power output to get the country-level marketby value. The further addition of country-level to the regional level and then the summation of regional markets gives the farm tractor marketby power outputin value. A similar approach has been followed to derive the farm tractor marketby drive type & combines market by application.
In 2018, the global Agriculture Equipment market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Agriculture Equipment status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Agriculture Equipment development in United States, Europe and China.
The key players covered in this study
Deere (US)
CNH Industrial (UK)
Kubota (Japan)
AGCO (US)
Claas (Germany)
...
Market segment by Type, the product can be split into
<30 hp
31–100 hp
101–200 hp
>200 hp
Market segment by Application, split into
Corn
Rice
Soybean
Wheat
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Agriculture Equipment status, future forecast, growth opportunity, key market and key players.
To present the Agriculture Equipment development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Agriculture Equipment are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Agriculture Equipment . Industry analysis & Market Report on Agriculture Equipment is a syndicated market report, published as Global Agriculture Equipment Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Agriculture Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.