Agriculture Equipment Market Size Is Projected To Showcase Significant Growth Up To 2030

By Author: Kavita Sharma
Total Articles: 78
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The global Agriculture Equipment Market Size research is an intelligence report announced by Absolute Markets Insights. The erudite market study provides insightful data for readers to help them in making informed business decisions. Primary and secondary research methodologies have also been used to discover the correct and applicable data of Agriculture Equipment Market Size. Effective business strategies of key market players and of new startup industries are also studied thoroughly to provide extensive market knowledge. The report makes use of an effective analysis technique such as SWOT and Porter’s five analysis to present its accurate results on the market.

The major key pillars for global Agriculture Equipment Market Size are listed below: AGCO Corporation, CHANGFA IMP&EXP CO ., LTD., Changzhou Dongfeng Agricultural Machinery Group Co., Ltd., CLAAS KGaA GmbH, CNH Industrial, Deere & Company, Dewulf BV, ISEKI & CO.,LTD., KUBOTA Corporation, KUHN S.A, Lovol Heavy Industry CO.,LTD., Mahindra & Mahindra Ltd, PÖTTINGER Landtechnik GmbH, SDF S.p.A., Shandong Yuntai Machinery Co., Ltd., Tractors and ...
... Farm Equipment Limited, YANMAR HOLDINGS CO., LTD, and YTO Group Corporation

For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Agriculture-Equipment-2019-%E2%80%93-2027-732

In terms of region, Asia Pacific is expected to register highest CAGR in the global Agriculture Equipment Market Size over the forecast period. This growth is attributed to the large area of land used for agriculture across the region in countries such as India, China and Australia amongst others. For instance, according to studies, 1525 Mn hectors of Asian land is used for agriculture out of which according to World Bank, India and China recorded the highest presence of agricultural land across the region with 60.45% and 56.21% of its area used for agricultural purposes as of 2016. This rise in agriculture activities across the region is also influencing the adoption of equipment’s such as tractors and tillers amongst others. For instance, according to United Nations ESCAP, India has experienced a surge in demand for tractors and tillers over the years to maintain the growing farmland and increase its overall productivity. This is expected to influence the growth of the Agriculture Equipment Market Size over the forecast period.

In terms of revenue, global Agriculture Equipment Market Size was valued at US$ 146.43 Mn in 2020 and is anticipated to grow at a CAGR of 6.1% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

Global Agriculture Equipment Market Size Segmentation:

By Offering

Products
Tractors and Loaders
Compact Tractors
Specialty Tractors
Utility Tractors
Wheeled Tractors
Front End Loaders
Others
Combine Harvester
Self-Powered Combine Harvesters
Tractor Pulled/Mounted Combine Harvesters
Transplanter
Hay & Forage Equipment
Planting & Seeding Equipment
Air Drills
Seeders
Spreaders
Others
Tillage Equipment
Sprayers & Application Equipment
Others
Services
Training and Consulting Services
Repair and Maintenance Services
Others
By Application

Harvesting and Threshing
Land Development and Seed Bed Preparation
Plant Protection
Sowing and Planting
Transplanting
Weed Cultivation
Others
By Type

New
Pre-Owned
By Farm Size

Small and Medium Farms
Large Farms
By Distribution Channel

Direct
Indirect
By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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