Professional Survey of Gardening and Agriculture Equipment: Landscaping & DIY Gardening Trend to Boost Demand for Gardening Equipment Government Subsidies to Escalate Sales of Agricultural Equipment
Press Release – 14
Jan 2019
Research
and Development News
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.
Latest
Update
"Global Market Study on Gardening and Agriculture Equipment:
Landscaping & DIY Gardening Trend to Boost Demand for Gardening
Equipment Government Subsidies to Escalate Sales of Agricultural
Equipment"
with Industries Survey | Global Current Growth and Future.
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“An outlook of the global gardening and
agriculture equipment market with citation to the global industrial
automation industry”
Players in the industrial automation and equipment industry continue to face an environment that remains hyper-competitive. Evolution in end-user demand is influencing players in the industrial automation and equipment landscape to optimize their manufacturing process. Sluggishness in the oil & gas industry, muted growth in automotive sales, and stagnancy in the agriculture sector have posed challenges to players in the recent past.
Players in the industrial automation and equipment industry continue to face an environment that remains hyper-competitive. Evolution in end-user demand is influencing players in the industrial automation and equipment landscape to optimize their manufacturing process. Sluggishness in the oil & gas industry, muted growth in automotive sales, and stagnancy in the agriculture sector have posed challenges to players in the recent past.
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With
the increase in oil rigs and natural gas projects being quoted,
various companies are making reinvestments, to either cater
requirement of preventative maintenance or for generating a better
ROI. Investing in infrastructure development remains a top priority
for the industrial automation and equipment companies, with
improvements in energy- and operational-0efficiency gaining center
stage.
The development of streamlined 2-3 layer automation systems helped the industry in lowering maintenance costs and enhancing performance. The trend towards simplification of 5 layer system model, which the automation industry has been focusing on over the years, is witnessing acceleration. Innovation in development of controllers, sensors and intelligent devices has meant that todays computing processes are more effective.
Continuous advances are witnessed in the progressive integration of information technology (IT) and operational technology (OT), along with the evolution of business systems for handling real-time transaction processing. Building blocks are being offered by innovators, designed specifically for accomplishing the aim of connected enterprise. New intelligent nodes, operating at the network edge for improving efficiency and performance of manufacturing processes, are offered by rapid propagation of technologies & concepts associated with Internet of Things (IoT).. .
The development of streamlined 2-3 layer automation systems helped the industry in lowering maintenance costs and enhancing performance. The trend towards simplification of 5 layer system model, which the automation industry has been focusing on over the years, is witnessing acceleration. Innovation in development of controllers, sensors and intelligent devices has meant that todays computing processes are more effective.
Continuous advances are witnessed in the progressive integration of information technology (IT) and operational technology (OT), along with the evolution of business systems for handling real-time transaction processing. Building blocks are being offered by innovators, designed specifically for accomplishing the aim of connected enterprise. New intelligent nodes, operating at the network edge for improving efficiency and performance of manufacturing processes, are offered by rapid propagation of technologies & concepts associated with Internet of Things (IoT).. .
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A major
challenge encountered by the global industrial automation and
equipment industry is absence of multi-vendor application
portability. Innovation is stifled without open ecosystems offering
portable applications to vendor platforms. On account of this,
non-traditional suppliers have embarked on launching next-generation
products that are embedded with IoT software.
“List of factors tracked in the Industrial Automation Market Report”
“List of factors tracked in the Industrial Automation Market Report”
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Manufacturing and electrical machinery industry value add
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Penetration of semi-autonomous and autonomous technologies
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Industry spending on automation
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Infrastructure Spending
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Historical growth of top players
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Growth in associated markets
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Cumulative growth in installed base
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Research Methodology
FMI/PMR utilizes robust methodology and approach
to arrive at market size and related projections. The research
methodology for this report is based on 3 dimensional model. We
conduct about 45-60 min duration detailed interviews with product
manufacturers; apart from this we also collect market feedback from
industry experts. To validate this data, we interact with senior
panel members having more than 10 years of experience in relevant
field. The panel members help in validating the findings and fill the
gaps if any. In addition, we leverage on our existing pool of
information, paid database and other valid information sources
available in public domain. Usually industry interactions extend to
more than 50+ interviews from market participants across the value
chain.
“Data Collection”
Collects data from secondary sources including company annual reports, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments. Both of these research approaches help us in arriving at base year numbers and market hypothesis.
“Data Validation”
In this phase, FMI/PMR validates the data using macro and micro economic factors. For instance, growth in electricity consumption, industry value added, other industry factors, economic performance, growth of top players and sector performance is closely studied to arrive at precise estimates and refine anomalies if any.
“Data Analysis and Projection”
Data analysis and projections were made based on proprietary research frameworks and statistical analysis, which was further validated from industry participants. These frameworks include Y-o-Y growth projections, macro-economic factor performance, market attractiveness analysis, key financial ratios, and others.
For public companies we capture the data from company website, annual reports, investor presentations, paid databases. While for privately held companies, we try to gather information from the paid databases (like Factiva) and based on the information we gather from databases we estimate revenue for the companies. In addition, the team tries to establish primary contact with the companies in order to validate the assumptions or to gather quality inputs.
“Standard Report Structure”
“Data Collection”
Collects data from secondary sources including company annual reports, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments. Both of these research approaches help us in arriving at base year numbers and market hypothesis.
“Data Validation”
In this phase, FMI/PMR validates the data using macro and micro economic factors. For instance, growth in electricity consumption, industry value added, other industry factors, economic performance, growth of top players and sector performance is closely studied to arrive at precise estimates and refine anomalies if any.
“Data Analysis and Projection”
Data analysis and projections were made based on proprietary research frameworks and statistical analysis, which was further validated from industry participants. These frameworks include Y-o-Y growth projections, macro-economic factor performance, market attractiveness analysis, key financial ratios, and others.
For public companies we capture the data from company website, annual reports, investor presentations, paid databases. While for privately held companies, we try to gather information from the paid databases (like Factiva) and based on the information we gather from databases we estimate revenue for the companies. In addition, the team tries to establish primary contact with the companies in order to validate the assumptions or to gather quality inputs.
“Standard Report Structure”
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Executive Summary
- Market
Definition
-
Macro-economic analysis
- Parent
Market Analysis
- Market
Overview
-
Forecast Factors
-
Segmental Analysis and Forecast
-
Regional Analysis
-
Competition Analysis
- Target
Audience
“Production Companies”
-
Suppliers
-
Channel Partners
-
Marketing Authorities
-
Subject Matter Experts
-
Research Institutions
-
Financial Institutions
- Market
Consultants
-
Government Authorities
- Market
Taxonomy
The global gardening and agriculture
equipment market has been segmented into:
Equipment type:
Equipment type:
- Walk
behind Wheeled String Trimmers
- Field
& Brush Mowers
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Chipper & Shredders
- 3
point Tractor Implements
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Cutters & Mowers
- Rakes
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Planters
-
Spreaders
-
Tillers
- Others
- Leaf
and Litter Vacuums
Application:
-
Agriculture & Horticulture
-
Gardening
-
Residential
-
Commercial
Region:
- North
America
- Asia
Pacific
- Europe
- Latin
America
- The
Middle East and Africa
Continue.....
– More
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