Overview

Agriculture Cultivation Equipment Market Overview

Global Agriculture Cultivation Equipment market forecasted to value over USD 136 billion by 2027 end and grow at a CAGR of over 5% during the forecast period of 2020 to 2027. 

Agriculture cultivation equipments are a wide range of farming equipment which aims at easing farmer's work. The equipment includes plough, tractors, harvesters and cultivation equipment. 
Farming equipment started as traditional equipment like tillage, seeders and plough but technological advancements have seen the likes of spraying equipment and harvesters ease the work of farmers. The modern equipment has been crucial in maintaining the soil condition and easing the farming process.


The strong growth of automated methods in farming has brought more growth to the market.  Rising urbanization rate and government initiatives are boosting the growth of the market. The Indian government launched the Rashtriya Krishi Vikas Yojana policy which aims in providing farming equipment to farmers at subsidized rates. Many governments are taking the initiative to educate farmers regarding the benefits of agricultural equipment. Private banks are offering loans at less interest which has fueled the growth of the market.
Technological advancements and prominent player’s continuously launching innovative product had a positive influence on the market.
Asia and Pacific are witnessed to deliver a high growth rate in the coming years. Mechanization of the farming method is rising quickly in countries like Japan, South Korea, India and China.

Prominent players of the market involve Escorts Group, JCB limited, CNH Industrial N.V., Yanmar Company Limited, Netafim Limited and Deere and Company.  

Agriculture Cultivation Equipment Market Segmentation: 
By Product Type:
 
•    Cultivator 
•    Tillers
•    Harrows
•    Plough
•    Others

By Blade Type:
•    Fixed Blades
•    Rotary Blades
 

By Sales Channel:
•    Direct Sales
•    Aftermarket

By Region:  
•    Europe  
•    North America  
•    APAC  
•    Latin America 
•    Rest of the World

Competitive Landscape:  
•    Tier 1 players- established companies in the market with a major market share  
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants  

 

FutureWise Takeaways  
•    Growth prospects  
•    SWOT analysis 
•    Key trends 
•    Key data points affecting market growth 

Objectives of the Study: 
•    To provide with an exhaustive analysis on agriculture cultivation equipment market is segmented on the basis of product type, blade type, sales channel, and region 
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
•    To evaluate and forecast micro-markets and the overall market  
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies  

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics