Farming Systems Adopted in Myanmar, Myanmar Average Farmer Smallholder Household

1. Myanmar Agriculture Machinery Market Outlook to 2025: Ken Research

2. The report titled “Myanmar Agriculture Machinery Market Outlook to 2025: Driven by Growth in Machinery Supply and Government's Focus on Agriculture Mechanization in the Country” provides a comprehensive analysis on the performance of the agriculture machinery market in Myanmar. The report covers various aspects including sales value, volume, trends & developments, issues & challenges faced by the industry, competition landscape, financing players, and others. It also covers the country overview, regulatory framework, agricultural overview of Myanmar, land under cultivation, changes in the cropping patterns, farm holding structure & scale of mechanization. The report concludes with the projections for the future of industry including forecasted sales value and volume; future projections by product type and regional demand by the year ending 2025, COVID-19 impact, and analyst recommendations highlighting the major opportunities and cautions in the industry. Myanmar Agriculture Machinery Market Overview and Size The revenues from the overall agriculture machinery market increased at CAGR of ~25%during the review period 2014-2020. The equipment market in Myanmar is completely import dependent with major trade partners being China, India, Thailand and other countries. Tractors, Combine Harvesters and Implements are the most demanded machineries in the country.

4. Tractor is the most deployed equipment in the country followed by combine harvesters and implements. The contribution of the tractor market to the overall market stood at more than ~83% in terms of volume and ~67% in terms of revenue during the review period. Myanmar Tractor Market Size and Segmentation Four Wheeler and Two Wheeler Tractors are available for sale in the country. Major regions where demand for tractors is concentrated in Myanmar are Ayeyarwady, Yangon, Kayah, Mandalay and Magway. The demand for two wheeler tractors declined during the review period are farmers preferred using low HP four wheeler tractors instead of two wheeler tractors. Tractors are appropriate for narrow areas, high efficiency soil processing, commercial farming & cooperatives. Kubota, Sonalika, New Holland and John Deere are the companies dominating the demand for tractors in Myanmar. Myanmar Combine Harvesters Market Size and Segmentation Combine Harvesters were introduced in Myanmar in 2012 and is currently positioned to be in early growth stage. The demand for combine harvesters is concentrated in Central Region with Yangon, Ayeyarwady and Bago considered as major demand locations for the machinery. Kubota and Yanmar have dominated the market for combine harvesters in the country.

5. Myanmar Implements Market Size and Segmentation The demand for implement in Myanmar is dependent on sale of four wheeler tractors. Majority of farmers prefers purchasing implements along with four wheeler tractors. Rotary Tiller and Disc Harrow collectively captured more than 70% of implements market in the country. Comparative Landscape of Myanmar Agriculture Machinery Market Competition in the Myanmar Tractor Market is observed to be fragmented in nature with presence of 30-40 players in the industry. Top 3 players namely Kubota, Dongfeng and Sonalika captured ~50% market share. On the other hand, competition in Myanmar Combine Harvester Market is observed to be highly concentrated in nature owing to presence of 7-8 players in the industry. More than 75% of the market is captured by the top two players in the market. Companies with large product assortment, wide regional presence, efficient customer care network and fair pricing are indentified as clear leaders in the industry. Impact of COVID-19 Due to COVID-19 Outbreak, OEMs were unable to deliver new orders. Due to this, dealers faced low availability of machines, spares and attachments.

6. Major Product Categories witnessed decline in sales between 4-12% on the basis of volume and value. Myanmar’s agriculture machinery market being completely import driven faced high difficulties in fulfilling customer order leading to shortage in supply. Myanmar Agriculture Equipment Market Future Outlook and Projections Government’s increased focus on agriculture mechanization in the country is expected to increase the demand for agriculture machinery in the country, registering a CAGR of 8.8% during the forecast period. Modernization would drive the growth, as farmers are expected to increase the adoption of combine harvesters and tractors, thereby making their operations more efficient and reducing dependency on labor. In addition to this, government initiative for improving agriculture finance, AMDs effort for improving mechanization, training and development will facilitate growth in future. Key Segments Covered: Total Myanmar Agriculture Machinery Market: By Product Type Tractors Combine Harvesters Implements

7. Myanmar Tractor Market By Product Type Two Wheeler Tractor Four Wheeler Tractor By Power Less than 40HP From 40HP to 70HP Above 70HP By State North Central South Myanmar Combine Harvester Market By State North Central South

8. Companies Covered Kubota Myanmar Co., Ltd. Sonalika Yanmar Myanmar Co., Ltd. New Holland John Deere Mahindra Chinese Players (Dongfeng, Iseki, Shifeng, Yto, Wuzheng Group and Others) Key Target Audience Agriculture Equipment Manufacturing Companies Industry Associations Regulatory Bodies Financing Companies Agriculture Equipment Distributors & Authorized Dealerships

9. Time Period Captured in the Report:- Historical Period – 2014-2020 Forecast Period – 2020-2025 Key Target Audience Agriculture Equipment Manufacturing Companies Industry Associations Regulatory Bodies Financing Companies Agriculture Equipment Distributors & Authorized Dealerships Key Topics Covered in the Report:- Executive Summary Country Overview Agriculture Overview in Myanmar How do Farmers operate in Myanmar? Supply Side of Myanmar Agriculture Machinery Market

10. Myanmar Tractors and Combine Harvesters Market, 2014-2025 Snapshot on Rental Agriculture Equipment Business in Myanmar Snapshot on Second Hand Machinery Market in Myanmar Financing for Agriculture Machinery in Myanmar Comparative Landscape in Myanmar Agriculture Machinery Market Impact of COVID-19 on Myanmar Agriculture Machinery Market Myanmar Future Outlook & Projections, 2020-2025 Analyst Recommendations

11. For More Information on The Research Report, Refer to Below Link: Myanmar Agriculture Machinery Market Related Reports:- Thailand Agricultural Machinery Market Outlook to 2025 – Agriculture Tractor Market (By Type: 2W and 4W Tractors, By Power: 8HP-15HP, 20HP-35HP, 36HP-47HP, 48HP-75HP, 75HP-100HP, 100HP-120HP and Above 120HP), Combine Harvester Market (By Power: 70HP & Below, 75HP-105HP and Above 105HP), By Rice Transplanters (By Rows: 4Row, 6Row and 8Row), Agriculture Implements Market” US Tractor and Combine Harvesters Market Outlook to 2024 – By Tractor Type (2WD and 4WD), By Tractor HP (<40 HP, 40-100 HP and >100 HP) and By Combine Harvester HP (Upto 250 HP, 250-350 HP and Above 350 HP) Philippines Agricultural Equipment Market Outlook to 2023- By Product Type (Tractors, Combine Harvesters, Planters, Seeders and Tillage Equipments and Tillage Equipment), By Tractor Segment (Upto 60 Hp, Between 61-130 Hp and above 130 Hp), By Production (Imported and Domestically Manufactured) and By Region (Luzon, Visayas and Mindanao) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249