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September 2017 |
Pages: 115 |
ERC 4930 |
Formats*: |
Agriculture Equipment Market was valued at $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 generated the highest revenue share in the global agriculture equipment market.
Agriculture equipment, also called as farm equipment is the set of machinery which is used for the backing and supporting the agricultural activities. Agriculture equipment comprise of a varied range of equipment and machinery such as tractors, plough, cultivation equipment, and harvesters. Numerous power tools, hand tools, and tractors along with the countless number of farm gears are the major components of the agriculture industry. Constantly rising adoption of technology driven agriculture equipment and intensifying demand for food as a result of surging population are the major factors responsible for the growth of the market.
Market Determinants
In the current scenario, population is rising at an alarming rate and is inclining towards getting more urbanized, holding better dietary habits and living standards. A constantly hiking need for food can stimulate the demand for agricultural products, which will eventually increase the demand for agricultural equipment. Various governments provide explicit support to the farmers in order to purchase agricultural equipment for efficient work outputs. This will stimulate the growth of the agriculture equipment market. Various government authorities are undertaking initiatives to educate farmers about the benefits of using agricultural equipment in farming. Numerous companies are also approaching the farmers to make them aware regarding the loan policies, credit financing, and benefits of contract farming. This is expected to boost the demand for agricultural equipment, majorly heavy machinery. However, loss of skills and unemployment are some restraining factors, which may resist the growth of agriculture equipment.
AGRICULTURE EQUIPMENT MARKET DETERMINANTS- IMPACT ANALYSIS, 2016 VS. 2024
Market Segmentation
The Agriculture equipment market is segmented 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. On the basis of Geography, the market is categorized as North America, Europe, Asia Pacific and Rest of World. Global market players are continuously revealing advanced products to maintain their market position and offer technologically advanced equipment.
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)
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
• U.S.
• Canada
• Mexico
Europe
• France
• Germany
• U.K.
• Rest of Europe
Asia-Pacific
• India
• China
• Japan
• Rest of Asia-Pacific
LAMEA
• Latin America
• Africa
• Middle East
• 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)
CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
1.2. RESEARCH SCOPE
CHAPTER 2. MARKET OVERVIEW
2.1. RESEARCH SUMMARY
2.2. VALUE CHAIN ANALYSIS
2.3. FIVE FORCES ANALYSIS
2.4. MARKET PLAYER POSITIONING
2.5. DEMAND FORECAST
2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
2.7. MARKET DETERMINANTS
2.7.1. Drivers
2.7.1.1. Precision farming
2.7.1.2. Growing population & economic stability
2.7.1.3. Mechanization in agricultutre
2.7.2. Restraints
2.7.2.1. Decreasing arable lands
2.7.3. Opportunities
2.7.3.1. Government support
CHAPTER 3. GLOBAL AGRICULTURE EQUIPMENT MARKET BY PRODUCT TYPE
3.1. SEGMENT OUTLINE
3.2. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024
3.3. AGRICULTURE TRACTORS
3.3.1. Current trends
3.3.2. Market growth indicators
3.3.3. Global agriculture tractors market revenue by region, 2016-2024
3.4. HARVESTERS
3.4.1. Current trends
3.4.2. Market growth indicators
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. Market growth indicators
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. Market growth indicators
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. Market growth indicators
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. Market growth indicators
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. Market growth indicators
3.9.3. Global other agriculture equipment market revenue by region, 2016-2024
CHAPTER 4. GLOBAL AGRICULTURE EQUIPMENT MARKET BY GEOGRAPHY
4.1. SEGMENT OUTLINE
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. KEY VENDOR 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
LIST OF TABLES
TABLE NO 1. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
TABLE NO 2. GLOBAL AGRICULTURE TRACTORS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 3. GLOBAL HARVESTERS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 4. GLOBAL SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 5. GLOBAL MILKING AND POULTRY MACHINES MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 6. GLOBAL AGRICULTURE AND SPRAYING EQUIPMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 7. GLOBAL HAY & FORAGE MACHINES MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 8. GLOBAL OTHER AGRICULTURE EQUIPMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 9. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION)
TABLE NO 10. NORTH AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
TABLE NO 11. NORTH AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
TABLE NO 12. EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
TABLE NO 13. EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
TABLE NO 14. APAC AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
TABLE NO 15. APAC AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
TABLE NO 16. REST OF THE WORLD AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
TABLE NO 17. REST OF THE WORLD AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
TABLE NO 18. MAHINDRA GROUP SNAPSHOT
TABLE NO 19. KEY STRATEGIES – MAHINDRA GROUP
TABLE NO 20. ESCORT SNAPSHOT
TABLE NO 21. KEY STRATEGIES – ESCORT LIMITED
TABLE NO 22. VALMONT INDUSTRIES, INC. SNAPSHOT
TABLE NO 23. KEY STRATEGIES – VALMONT INDUSTRIES, INC.
TABLE NO 24. DEERE & COMPANY SNAPSHOT
TABLE NO 25. KEY STRATEGIES – DEERE & COMPANY
TABLE NO 26. AGCO CORPORATION SNAPSHOT
TABLE NO 27. KEY STRATEGIES – AGCO CORPORATION
TABLE NO 28. SAME DEUTZ-FAHR SNAPSHOT
TABLE NO 29. KEY STRATEGIES –SAME DEUTZ-FAHR
TABLE NO 30. AGROSTROJ PELHRIMOV A.S SNAPSHOT
TABLE NO 31. KEY STRATEGIES – AGROSTROJ PELHRIMOV A.S
TABLE NO 32. CHINA NATIONAL MACHINERY INDUSTRY CORPORATION SNAPSHOT
TABLE NO 33. KEY STRATEGIES –CHINA NATIONAL MACHINERY INDUSTRY CORPORATION
TABLE NO 34. WEIFANG EUROKING MACHINERY SNAPSHOT
TABLE NO 35. KEY STRATEGIES – WEIFANG EUROKING MACHINERY
TABLE NO 36. CONCERN TRACTOR PLANTS SNAPSHOT
TABLE NO 37. KEY STRATEGIES – CONCERN TRACTOR PLANTS
LIST OF FIGURES
FIGURE NO 1. VALUE CHAIN ANALYSIS
FIGURE NO 2. PORTER’S FIVE FORCES ANALYSIS
FIGURE NO 3. MARKET SHARE ANALYSIS
FIGURE NO 4. INVESTMENT POCKETS
FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE)
FIGURE NO 6. KEY IMPACTING FACTORS
FIGURE NO 7. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
FIGURE NO 8. GLOBAL AGRICULTURE TRACTORS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 9. GLOBAL HARVESTERS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 10. GLOBAL SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 11. GLOBAL MILKING AND POULTRY MACHINES MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 12. GLOBAL AGRICULTURE AND SPRAYING EQUIPMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 13. GLOBAL HAY & FORAGE MACHINES MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 14. GLOBAL OTHER AGRICULTURE EQUIPMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 15. GLOBAL AGRICULTURE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION)
FIGURE NO 16. UNITED STATES AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 17. CANADA AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 18. MEXICO AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 19. NORTH AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
FIGURE NO 20. NORTH AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
FIGURE NO 21. UNITED KINGDOM AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 22. GERMANY AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 23. FRANCE AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 24. REST OF EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 25. EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
FIGURE NO 26. EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
FIGURE NO 27. INDIA AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 28. CHINA AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 29. JAPAN AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 30. REST OF APAC AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 31. APAC AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
FIGURE NO 32. APAC AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
FIGURE NO 33. LATIN AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 34. AFRICA AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 35. MIDDLE EAST AGRICULTURE EQUIPMENT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 36. REST OF THE WORLD AGRICULTURE EQUIPMENT MARKET REVENUE BY PRODUCT TYPE, 2016-2024 ($MILLION)
FIGURE NO 37. REST OF THE WORLD AGRICULTURE EQUIPMENT MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
• What was the market size of the Agriculture Equipment Market in 2016 and the expected market size by 2024, along with the growth rate?
• An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
• Which are the largest revenue generating products, services or regions, and their comparative growth rate?
• Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
• Which are the leading companies in the Agriculture Equipment Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?
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