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Agriculture and Farm Equipment Market Shares, Capacity and Evolving Technologies Forecasts To 2025

Agriculture & Farm Equipment Market Estimated to develop at a substantial CAGR for the duration of the prediction period. The market research report delivers an exceptional means for assessing the market, emphasizing openings, and backing up the planned and calculated policymaking.<br>

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Agriculture and Farm Equipment Market Shares, Capacity and Evolving Technologies Forecasts To 2025

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  1. Agriculture & Farm Equipment Market Shares, Capacity and Evolving Technologies Forecasts To 2025 “Agriculture & Farm Equipment Market Estimated to grow at a significant CAGR over the future period as the scope and its applications are rising enormously across the globe.” Automotive and Transport The global Agricultural Equipment Market was estimated at $124.2 billion in 2015. Agricultural equipment or machinery are the tools used in various processes of farming, such as planting, threshing, agriculture product processing, harvesting. New agricultural equipment is replacing the traditional tools owing to improved productivity and enhanced quality of the crop. The need of food is growing at a faster rate as the population is increasing, so the demand for new agricultural equipment is growing to match the requirement of food. Innovative technologies in the agriculture are increasing the quality & production per square feet for the agricultural products. Manufacturers are focusing on integrating various new technologies such as robotic systems, Google Earth and GPS into existing machinery for tracking productivity and improving it. The government also encourages the use of farming equipment by proving subsidies and offering lower rates to the farmers in emerging countries like India and China to adopt agricultural equipment. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/agriculture-farm-equipment-market/request-sample Equipment Market

  2. On the basis of Product: Tractors dominate the product category and is estimated to account over 20% of total revenue in 2015 after harvesters. Tractors are the most efficient and effective equipment in the agricultural sector as they can perform several activities in the process of farming. Harvesters are expected to grow at a CAGR of 5% through 2014-25. Other product segment includes thrasher, combine harvester, rotavator, Zero Till Seed Drill, Power Tiller, Multi Crop Planter, Drip Irrigation, Sprinkler Irrigation, Power Weeder, Power Spray. On The basis of Application: The products are divided as per the processes in farming such as Sowing & Planting Equipment, Land Development/Seed Bed Preparation/Tillage Equipment, Plant Protection Equipment, Water Inter Cultivation equipment, Agro Processing and Harvesting & Threshing. Threshing and Harvesting expect the fast growth of a CAGR over 6% through the forecast period. Land Development/Seed Bed Preparation/Tillage contributed over 15% of the global revenue in 2015. Agriculture is labor intensive, and the scarcity of farm labor will be the key fueling factor to the increasing demand for agricultural equipment. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/agriculture-farm-equipment-market Regional Insights North America Dominated the Agriculture equipment market in 2015. The driving factors behind the most usage of agriculture equipment are the scarcity of labor, improved features and fuel efficiency of the machinery and demand for the food. However, North America and Europe are expected to show moderate growth over the period. The Asia Pacific region is projected to be fastest growing market during the forecasted period owing to India and China are emerging as the fastest growing market. China dominates the region by contributing over 20% of the regional revenue share in 2015. Developing countries are showing strong economic growth, such as India, Middle Eastern countries and China, which will further fuel the growth of the agricultural equipment industry. Competitive Insights The Agriculture machinery market is highly fragmented and competitive due to the existence of prominent players along with some other medium or small-scale participants. Key players in the agriculture industry include Mitsubishi Agricultural Machinery Co. Ltd., AGCO Corp., Same Deutz-Fahr Group S.p.A. (SDF), Iseki & Co., Ltd., Kubota Corporation, Deere & Company Mahindra & Mahindra Limited.

  3. Market Segment: Product Outlook (Revenue, USD Billion, 2014 - 2025) • Tractors • Harvesters • Planting Equipment (Revenue: USD Billion, Volume: Thousand Units, 2014 - 2025) • Row crop planters • Air seeders • Grain drills • Others • Irrigation & crop processing equipment • Spraying equipment • Hay & forage equipment • Others Application Outlook (Revenue, USD Billion, 2014 - 2025) • Land development & seed bed preparation • Sowing & planting • Weed cultivation • Plant protection • Harvesting & threshing • Post-harvest & agro processing Regional Outlook (USD Billion, 2014 - 2025) • North America • U.S. • Canada • Europe • UK • Germany • France • Asia Pacific • China • India • Japan • South Korea • Latin America

  4. • Brazil • Mexico • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/automotive-and-transport Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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