Agriculture and Farm Machinery Development Market (Product: Farm Tractors, Harvesting Machinery, Plowing and Cultivation Machinery, Planting and Fertilizing Machinery, Haying Machinery, Other Agricultural Machinery and Parts and Attachments) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022
"Agriculture
and Farm Machinery Market (Product: Farm Tractors, Harvesting
Machinery, Plowing and Cultivation Machinery, Planting and
Fertilizing Machinery, Haying Machinery, Other Agricultural Machinery
and Parts and Attachments) - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2022"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Agriculture
and farm machinery consists of the tools and machinery required by
the farmers in agricultural farmlands for increased productivity of
crops. Agriculture and farm machinery consist of tractors, harvesting
machinery, plowers and cultivators among others which are used for
various purposes such as plowing, tilling, harvesting and disking
among others. The increasing mechanization of agriculture has
resolved various problems associated with farming including scarcity
of labor, wastage of time and energy. The technological advancements
in the design of tractors to improve output efficiency are expected
to fuel the demand for farm tractors in the field. Some advancements
in manufacturing tractors are incorporation of GPS tracking device
and telemetry for tracking the exact location of tractors in the farm
lands.
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Key
factors driving the agriculture and farm machinery market include
technological innovations, rising demand for advanced agricultural
machinery, increasing mechanization of farming operations. Further,
growth in global food demand is another key factor driving the demand
for agriculture and farm machinery, globally. This increasing demand
for food is a result of the growing population which in turn is
increasing the demand for food consumption. Moreover, increased per
capita income of farmers in both developed and developing economies
is anticipated to boost the sale of farm machinery globally.
The global agriculture and farm machinery market is segmented on the
basis of product and geography. Based on product type, the
agriculture and farm machinery market can be categorized into farm
tractors, harvesting machinery, plowing and cultivation machinery,
planting and fertilizer machinery, haying machinery, other
agriculture equipment and parts and attachments. The market size and
forecast in terms of revenue (US$ Bn) for each of these segments have
been provided for the period 2013 to 2022, considering 2013 and 2014
as the base years. The report also provides compounded annual growth
rate (CAGR) for each segment of the market for forecast period 2015
to 2022. Geographically, the agriculture and farm machinery market
has been segmented into five regions, namely, North America, Europe,
Asia-Pacific, Middle East and Africa (MEA) and Latin America.
The report includes market dynamics, key trends analysis and value
chain analysis of the global agriculture and farm machinery market.
The report also includes analysis of key participants in the
agriculture and farm machinery along with their role in the ecosystem
along with the future trends that will impact the demand. The study
provides market estimation in terms of revenue and forecast for the
period 2013-2022.
Some of the key manufacturers of agriculture and farm machinery
equipment include CNH Global NV, Deere and Company, CLAAS KGaA mbH,
AGCO Corporation, J.C. Bamford Excavators Limited (JCB), Alamo Group,
Inc., Iseki & Co., Ltd., Same Deutz-Fahr, Mahindra & Mahindra
Limited, and Yamabiko Corporation, among others.
The market has been segmented as follows:
Agriculture and Farm Machinery Market, by Product Type:
- Farm Tractors
- Harvesting Machinery
- Plowing and Cultivation Machinery
- Planting and Fertilizing Machinery
- Haying Machinery
- Other Agriculture Machinery
- Parts and Attachments
Agriculture and Farm
Machinery Market, by Geography:
- North America
- U.S.
- Rest of North America
- Europe
- EU7
- CIS
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Asia
- Australasia
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
- Latin America
- Brazil
- Rest of Latin America
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