Global Powered Agriculture Equipment Market: key Vendors, Trends, Analysis, Segmentation, Forecast to 2017-2022
Market Research
Future published a half-cooked research report on Powered Agriculture
Equipment Market Is Expected to Grow at a Higher Pace By 2022.
Market
Scenario:
The need for agriculture equipment is gradually rising due to
constraining factors such as rising global population, growing labor shortage
and rural wages. The increasing mechanization in agriculture provides with the
solution of the above issues and offers the scope of maximizing production and
productivity both. The rising farm income is the major factor driving the end
users to adopt more of the agriculture equipment. The agriculture equipment
market has been categorized into key equipment, namely: tractors, combine
harvesters, sprayers, forage harvesters, and sugarcane harvesters. In this
report, the market share and size of these agriculture equipment have been
tracked.
The sales of tractor market was 1.77 million units in 2012, which
increased by 15% in 2013. The market, however, declined by 2.5% in 2014 and
further went down to 2.8% in 2015. However, this sales volume is predicted to
increase and reach 2.286 million units by 2022. The sales of combine harvester
was 0.056 million units in 2012, which increased by 7.6% in 2013. The market
then declined by 18.9% in 2014 and further 4.9% in 2015. However, this sales
volume is predicted to increase and reach more than 50,000 units by 2022.The
sales of sprayers was more than 14,000 units in 2012, increased by 10.45% in
2013. Later the market declined by 7.5% in 2014 and increased by 1.24% in 2015.
However, this sales volume is predicted to increase and reach more than 16,000
units by 2022.
The sales of forage harvester was 5,515 units in 2012, which decreased by
8.2% in 2013. Further the market declined by 5.5% and 9% in 2014 and 2015
respectively. However, this sales volume is predicted to increase and reach
more than 5,000 units by 2022. The sales of sugarcane harvester was more than
1,200 units in 2012, which increased by 6% in 2013. Later the market declined
by 2.2% in 2014 and further 2.4% in 2015. However, this sales volume is
predicted to increase and reach more than 2,000 units by 2022.
Study Objectives of Powered
Agriculture Equipment Market
·
Detail
analysis of the market’s segments and sub-segments
·
To
estimate and forecast market size by equipment
·
To
analyses key driving forces which are influencing the market
·
Region
level market analysis and market estimation of North America, Europe, Asia, and
rest of the world (RoW) and their countries
·
Value
chain analysis & supply chain analysis of the market
·
Company
profiling of major players in the market
·
Competitive
strategy analysis and mapping key stakeholders in the market
·
Analysis
of historical market trends and technologies along with current government
regulatory requirements
Intended Audience
·
Powered
Agriculture Equipment manufacturers
·
Agriculture
Equipment manufacturers
·
Large
scale to medium scale farmers
·
Retailers
·
Government
organizations
Key Players
The leading market players in powered agriculture equipment market
primarily are AGCO Corporation, Alamo Group, Claas Group, CNH Industrial NV,
Deere & Company, Escorts Group, ISEKI & Company Limited, Kubota
Corporation, Mahindra & Mahindra (M&M)and Same Deutz-FAHR Group S.P.A..
These companies are further aiming for more product launches and mergers
& acquisitions to expand their market and stop new entrants from entering.
The expected growth rate between 2016 and 2022 of the market would remain less
than 5% because of factors such as: high cost of equipment, fluctuating weather
conditions, altering government policies, and dynamic economic environment
among others, thus, restricting the market growth.
Key Findings
·
APAC is
leading the market by selling a total of 0.58 million units of agricultural
equipment in 2015
·
Maximum
sales of tractors i.e. 0.57 million units in the year 2015 was from India,
followed by China
·
The
total units of tractors sold globally are estimated to reach 2.04 million units
by the end of 2016 and 2.286 million units by 2022
Access Report
Details@ https://www.marketresearchfuture.com/reports/powered-agriculture-equipment-market-2439
Country Analysis of Global Powered
Agriculture Equipment Market Forecast to 2022
As per the MRFR analysis, the global market for powered agriculture
equipment market has witnessed continued demand during the last few years and
is projected to reach 2.36 million units by 2022, at a CAGR of 1.48%.
The reports also cover country level analysis:
·
North
America
·
Europe
·
APAC
·
Rest of
the World
About Market
Research Future:
At Market
Research Future (MRFR), we enable our customers to unravel the complexity of
various industries through our Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research
(CFR), and Market Research & Consulting Services.
MRFR team have
supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by Solutions,
Application, Logistics and market players for global, regional, and country
level market segments, enable our clients to see more, know more, and do more,
which help to answer all their most important questions.
In order to
stay updated with technology and work process of the industry, MRFR often plans
& conducts meet with the industry experts and industrial visits for its
research analyst members.
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