Market Overview:
The global agriculture machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for food owing to population growth, rising income levels, and changing dietary habits; increasing adoption of mechanization in agriculture; and technological advancements in agricultural machinery. On the basis of type, the wheel drive tractors segment is expected to account for the largest share of the global agriculture machinery market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. On the basis of application, plowing is estimated to be one of the largest segments ofthe global agriculture machinery market in 2018 and it is projectedto grow at a CAGRof 6%.
Product Definition:
Agriculture Machinery is a general term for machines used in farming or agriculture. They include equipment for planting, fertilizing, harvesting, and transporting crops; as well as machines used for milking animals and manufacturing agricultural products.
Wheel Drive Tractors:
By product, the market is segmented into wheel drive tractors and non-wheel drive tractors. The wheel driven tractor industry has been witnessing significant growth over the past few years owing to its increasing demand in agriculture machinery. It is a key factor for crop cultivation as it helps in moving heavy farm equipment over difficult soil surfaces without causing any harm to the soil or plants.
The growing population coupled with rapid urbanization.
Crawler Tractors:
Crawler tractors are motorized farm equipment used to move crops and other agricultural products. It is a self-propelled machine that has wheels and it's designed to move through the soil with the help of its own power. Crawler tractors can be used for various applications such as small potato digging, weeding, plowing among others.
Application Insights:
The plowing segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The need for crop protection machinery, such as cultivators and harvesters, has increased with the growth of global agriculture. Furthermore, technological advancements in agricultural machinery have played a key role in increasing their penetration across farms.
Plowing is one of the most important operations performed by farmers on a farm since it provides necessary soil preparation for sowing seeds or transplanting crops. In addition to this process, modern farming techniques also include fertilizing and irrigation systems while plowking or discing which further increases demand globally.
Regional Analysis:
Asia Pacific dominated the global agriculture machinery market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for agricultural equipment from developing and emerging economies, such as China and India. Factors such as rising population, rapid urbanization along with an increase in per capita income are anticipated to boost the demand for various types of farm equipment over the coming years. Furthermore, government initiatives encouraging private investments in rural areas are likely to propel regional market growth during the forecast period.
Growth Factors:
- Increasing demand for food due to population growth
- Rising income levels of consumers in developing countries
- Technological advancements in agriculture machinery
- Government policies and subsidies for agricultural mechanization
- Growing awareness about the benefits of using agricultural machinery
Scope Of The Report
Report Attributes
Report Details
Report Title
Agriculture Machinery Market Research Report
By Type
Wheel Drive Tractors, Crawler Tractors, Harvesters, Sprayers, Others
By Application
Plowing, Sowing, Fertilizing, Harvesting & Threshing, Others
By Companies
John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL, SDF, JCB, TAFE, YTO Group, Exel Industries, Jiangsu Wode Group, ISEKI, Rostselmash, Wuzheng, Changzhou Dongfeng Agricultural Machinery Group Co., Ltd., Shandong Shifeng, Zoomlion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Agriculture Machinery Market Report Segments:
The global Agriculture Machinery market is segmented on the basis of:
Types
Wheel Drive Tractors, Crawler Tractors, Harvesters, Sprayers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Plowing, Sowing, Fertilizing, Harvesting & Threshing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- John Deere
- CNH Industrial
- Kubota
- AGCO
- Claas
- Yanmar
- Mahindra
- LOVOL
- SDF
- JCB
- TAFE
- YTO Group
- Exel Industries
- Jiangsu Wode Group
- ISEKI
- Rostselmash
- Wuzheng
- Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.
- Shandong Shifeng
- Zoomlion
Highlights of The Agriculture Machinery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wheel Drive Tractors
- Crawler Tractors
- Harvesters
- Sprayers
- Others
- By Application:
- Plowing
- Sowing
- Fertilizing
- Harvesting & Threshing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agriculture Machinery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agriculture machinery is a wide range of machines used in agriculture, from tractors and harvesters to irrigation systems. These machines are used to help farmers produce crops, raise livestock, and manage land more efficiently.
Some of the key players operating in the agriculture machinery market are John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL, SDF, JCB, TAFE, YTO Group, Exel Industries, Jiangsu Wode Group, ISEKI, Rostselmash, Wuzheng, Changzhou Dongfeng Agricultural Machinery Group Co., Ltd., Shandong Shifeng, Zoomlion.
The agriculture machinery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agriculture Machinery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agriculture Machinery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agriculture Machinery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agriculture Machinery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agriculture Machinery Market Size & Forecast, 2018-2028
4.5.1 Agriculture Machinery Market Size and Y-o-Y Growth
4.5.2 Agriculture Machinery Market Absolute $ Opportunity
Chapter 5 Global Agriculture Machinery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Agriculture Machinery Market Size Forecast by Type
5.2.1 Wheel Drive Tractors
5.2.2 Crawler Tractors
5.2.3 Harvesters
5.2.4 Sprayers
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Agriculture Machinery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Agriculture Machinery Market Size Forecast by Applications
6.2.1 Plowing
6.2.2 Sowing
6.2.3 Fertilizing
6.2.4 Harvesting & Threshing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agriculture Machinery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agriculture Machinery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Agriculture Machinery Analysis and Forecast
9.1 Introduction
9.2 North America Agriculture Machinery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Agriculture Machinery Market Size Forecast by Type
9.6.1 Wheel Drive Tractors
9.6.2 Crawler Tractors
9.6.3 Harvesters
9.6.4 Sprayers
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Agriculture Machinery Market Size Forecast by Applications
9.10.1 Plowing
9.10.2 Sowing
9.10.3 Fertilizing
9.10.4 Harvesting & Threshing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Agriculture Machinery Analysis and Forecast
10.1 Introduction
10.2 Europe Agriculture Machinery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Agriculture Machinery Market Size Forecast by Type
10.6.1 Wheel Drive Tractors
10.6.2 Crawler Tractors
10.6.3 Harvesters
10.6.4 Sprayers
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Agriculture Machinery Market Size Forecast by Applications
10.10.1 Plowing
10.10.2 Sowing
10.10.3 Fertilizing
10.10.4 Harvesting & Threshing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Agriculture Machinery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Agriculture Machinery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Agriculture Machinery Market Size Forecast by Type
11.6.1 Wheel Drive Tractors
11.6.2 Crawler Tractors
11.6.3 Harvesters
11.6.4 Sprayers
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Agriculture Machinery Market Size Forecast by Applications
11.10.1 Plowing
11.10.2 Sowing
11.10.3 Fertilizing
11.10.4 Harvesting & Threshing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Agriculture Machinery Analysis and Forecast
12.1 Introduction
12.2 Latin America Agriculture Machinery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Agriculture Machinery Market Size Forecast by Type
12.6.1 Wheel Drive Tractors
12.6.2 Crawler Tractors
12.6.3 Harvesters
12.6.4 Sprayers
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Agriculture Machinery Market Size Forecast by Applications
12.10.1 Plowing
12.10.2 Sowing
12.10.3 Fertilizing
12.10.4 Harvesting & Threshing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Agriculture Machinery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Agriculture Machinery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Agriculture Machinery Market Size Forecast by Type
13.6.1 Wheel Drive Tractors
13.6.2 Crawler Tractors
13.6.3 Harvesters
13.6.4 Sprayers
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Agriculture Machinery Market Size Forecast by Applications
13.10.1 Plowing
13.10.2 Sowing
13.10.3 Fertilizing
13.10.4 Harvesting & Threshing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agriculture Machinery Market: Competitive Dashboard
14.2 Global Agriculture Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 John Deere
14.3.2 CNH Industrial
14.3.3 Kubota
14.3.4 AGCO
14.3.5 Claas
14.3.6 Yanmar
14.3.7 Mahindra
14.3.8 LOVOL
14.3.9 SDF
14.3.10 JCB
14.3.11 TAFE
14.3.12 YTO Group
14.3.13 Exel Industries
14.3.14 Jiangsu Wode Group
14.3.15 ISEKI
14.3.16 Rostselmash
14.3.17 Wuzheng
14.3.18 Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.
14.3.19 Shandong Shifeng
14.3.20 Zoomlion
