This Farm Equipment Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
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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Market Overview:
Farm equipment refers to all the technology and machinery that is required or demanded by the farmers to undertake agricultural activities. This equipment or machinery helps the farmers to generate greater profits as they help to increase the output of the farm and subsequently improve the quality of the produce. This equipment is easy to use and saves the farmers a lot of time. Farmers result in getting greater output by using equipment such as a tractor for transportation purposes. The equipment is also used for other agricultural purposes such as levelling, plowing, tilling, disking among others.
Some of the major players operating in the Farm Equipment Market are 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) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Farm Equipment Market Scope
The farm equipment market is segmented on the basis of power output, farm tractor drive type, equipment type, and rental equipment type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- 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.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Farm Equipment Market Landscape
Part 04: Global Farm Equipment Market Sizing
Part 05: Global 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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