The recently released research report, titled “Farm Equipment Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2023-2030,” by Coherent Market Insights offers a thorough examination of the Farm Equipment market on a global level. The study includes crucial data about the target market, such as forecasts of potential revenue, consumer demand, regional analysis, and the primary factors that will shape the market in the future. It provides information on leading industry players, supply chain trends, financials, significant events, and technological advancements, as well as upcoming strategies, mergers, and acquisitions. To give readers a global perspective on the market, the study divides the Farm Equipment industry into segments based on type, distribution channel, and geography.
Increased focus on agriculture and farming techniques and schemes by the government is a major growth driving force for the farm equipment market. Data Bridge Market Research analyses that the farm equipment market would exhibit a CAGR of 5.34% for the forecast period. On the basis of current trends and insights, the current farm equipment market value i.e. USD 132.2 billion will climb up to USD 200.54 billion by the year 2028.
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Key Players Mentioned in the Farm Equipment Market Research Report:
Alamo Group Inc., AGCO Corporation., Argo Tractors S.p.A., AMAZONEN-WERKE H. Dreyer GmbH & Co. KG, Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial N.V., daedong, Deere & Company., Escorts Limited., ISEKI & CO., LTD., KUBOTA Corporation., Kverneland AS, Mahindra & Mahindra Ltd., NETAFIM, SDF S.p.A., Tractors and Farm Equipment Limited, YANMAR HOLDINGS CO., LTD., ZETOR TRACTORS a.s. and Solis. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA)
This research analysis examines market developments, market position, identifies investment opportunities, and focuses on major market drivers with the goal of assisting industry professionals in the global Agricultural Equipment industry. Leading market participants are profiled in the study, along with details on their recent product launches, product extensions, marketing plans, business perspectives, infrastructure, and anticipated competitor products and services, as well as pricing trends. The study explores new business owners, their tactics, and the product innovations that are fueling demand for their products and services on both domestic and international markets. The report also provides crucial strategies for seizing opportunities and averting risks throughout the following 10 years and beyond. Research strategies used to study the Agricultural Equipment market include primary research, secondary research, bottom-up and top-down approaches, SWOT analysis, Porter’s Five Forces analysis, and others.
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Based on Farm Equipment Market Segmentations
- On the basis of power output, the farm equipment market is segmented into farm tractor and autonomous tractor. Farm tractors are further sub-segmented into less than 30 horsepower, 31-70 horsepower, 71-130 horsepower, 131-250 horsepower and greater than 250 horsepower. Autonomous tractors are also bifurcated into less than 30 horsepower, 31-100 horsepower and greater than 100 horsepower.
- On the basis of farm tractor drive type, the farm equipment market is segmented into four-wheel and two-wheel.
- On the basis of equipment type, the farm equipment market is segmented into balers, combines and sprayers.
- The farm equipment market can also be segmented on the basis of function into harvesting and threshing, sowing and planting, ploughing and cultivating, plant protection and fertilizing, others.
- The farm equipment market is segmented on the basis of rental equipment type into combines, tractors and others.
Global Farm Equipment Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.
Benefits:
- This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
- The individual market revenue of the major countries in each area is mapped.
- The research examines the Farm Equipment market circumstances on a regional and country-by-country basis.
- The Farm Equipment market’s major participants have been identified.
- To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
- An in-depth analysis of the Farm Equipment market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Farm Equipment Market Report
- Part 03: Farm Equipment Market Landscape
- Part 04: Farm Equipment Market Sizing
- Part 05: Farm Equipment Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
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