Market Overview:
The global powered agriculture equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food owing to the growing population, rising income levels, and changing dietary habits across the globe. In addition, technological advancements in agricultural equipment such as tractors, combine harvesters, sprayers, seed drills, and soil preparation & cultivation equipment are also contributing to the growth of this market. On the basis of type, tractors accounted for a major share of the global powered agriculture equipment market in 2017. Tractors are used extensively in farming applications for tasks such as plowing land and tilling soil before planting crops. Combine harvesters are also widely used in harvesting operations across various regions worldwide. They help reduce labor costs and improve harvesting efficiency by combining multiple operations into a single pass through a field or orchard.
Product Definition:
Powered Agriculture Equipment is machinery used in agriculture to help with planting, harvesting, and other tasks. This equipment can include tractors, harvesters, planters, and tillers. Powered Agriculture Equipment helps farmers increase their productivity by making the work easier and faster. It is important for the agriculture industry to have this equipment in order to keep up with the growing demand for food.
Tractors:
Tractors are motor vehicles with heavy-duty chassis and wheels, used for farming and agricultural purposes. The global tractors market is expected to witness significant growth over the forecast period owing to increasing demand from agriculture industry. Additionally, rising disposable income in emerging economies such as India & China is also anticipated to drive the market growth over the next seven years.
Combine/Combine Harvester:
A combine harvester is a device used to cut and collect the crop in a shorter time. It consists of several components such as sickle bar, grain dryers, seed cleaners, and windrow mowers. The main function of this equipment is to reduce the time required for harvesting compared to traditional methods.
Application Insights:
Based on the application, the market has been segmented into farming, animal Husbandry, forestry industry and other industries. The farming segment dominated the global powered agriculture equipment market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to increasing demand for technologically advanced tools that provide enhanced efficiency and productivity in agricultural activities across various regions of the world.
The animal Husbandry application is projected to witness significant growth over next six years owing to rising demand for tractors with high horsepower that are capable of handling heavy workloads at a stretch. In addition, factors such as growing population along with an increase in livestock production globally will boost product demand from this sector over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for technologically advanced and high-quality equipment from key industries such as dairy, animal husbandry and agriculture. Furthermore, presence of several industry players with wide product portfolio will drive regional growth over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid increase in population coupled with rising disposable income levels in emerging economies such as China and India that are fueling demand for mechanized farming practices across various agricultural fields including intensive vegetable cultivation, smallholders’ field crops & livestock rearing operations.
Growth Factors:
- Increasing demand for food due to population growth
- Rising disposable income of consumers in developing countries
- Technological advancements in powered agriculture equipment
- Government initiatives to promote the use of modern agricultural technology
- Growing awareness about the benefits of using powered agriculture equipment among farmers
Scope Of The Report
Report Attributes
Report Details
Report Title
Powered Agriculture Equipment Market Research Report
By Type
Tractors, Combine/Combine Harvester, Sprayer, Seed Drill, Soil Preparation & Cultivation Equipment, Others
By Application
Farming, Animal Husbandry, Forestry Industry, Fishery Industry, Others
By Companies
Agco Corporation, CNH Industrial, Deere & Company, Kubota Corporation, Claas Group, Alamo Group, Escorts Group, Mahindra & Mahindra, Same Deutz-Fahr Group, Iseki & Company, Agco Corporation, Manitou Group
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Powered Agriculture Equipment Market Report Segments:
The global Powered Agriculture Equipment market is segmented on the basis of:
Types
Tractors, Combine/Combine Harvester, Sprayer, Seed Drill, Soil Preparation & Cultivation Equipment, 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
Farming, Animal Husbandry, Forestry Industry, Fishery Industry, 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:
- Agco Corporation
- CNH Industrial
- Deere & Company
- Kubota Corporation
- Claas Group
- Alamo Group
- Escorts Group
- Mahindra & Mahindra
- Same Deutz-Fahr Group
- Iseki & Company
- Agco Corporation
- Manitou Group
Highlights of The Powered Agriculture Equipment 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:
- Tractors
- Combine/Combine Harvester
- Sprayer
- Seed Drill
- Soil Preparation & Cultivation Equipment
- Others
- By Application:
- Farming
- Animal Husbandry
- Forestry Industry
- Fishery Industry
- 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 Powered Agriculture Equipment 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Powered agriculture equipment is a type of agricultural machinery that uses electricity to power various functions. This can include things like tractors, harvesters, and other tools used in farming.
Some of the major companies in the powered agriculture equipment market are Agco Corporation, CNH Industrial, Deere & Company, Kubota Corporation, Claas Group, Alamo Group, Escorts Group, Mahindra & Mahindra, Same Deutz-Fahr Group, Iseki & Company, Agco Corporation, Manitou Group.
The powered agriculture equipment 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 Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Powered Agriculture Equipment 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 Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Size & Forecast, 2018-2028
4.5.1 Powered Agriculture Equipment Market Size and Y-o-Y Growth
4.5.2 Powered Agriculture Equipment Market Absolute $ Opportunity
Chapter 5 Global Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Size Forecast by Type
5.2.1 Tractors
5.2.2 Combine/Combine Harvester
5.2.3 Sprayer
5.2.4 Seed Drill
5.2.5 Soil Preparation & Cultivation Equipment
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Size Forecast by Applications
6.2.1 Farming
6.2.2 Animal Husbandry
6.2.3 Forestry Industry
6.2.4 Fishery Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Powered Agriculture Equipment 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 Powered Agriculture Equipment 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 Powered Agriculture Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Size Forecast by Type
9.6.1 Tractors
9.6.2 Combine/Combine Harvester
9.6.3 Sprayer
9.6.4 Seed Drill
9.6.5 Soil Preparation & Cultivation Equipment
9.6.6 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 Powered Agriculture Equipment Market Size Forecast by Applications
9.10.1 Farming
9.10.2 Animal Husbandry
9.10.3 Forestry Industry
9.10.4 Fishery Industry
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 Powered Agriculture Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Size Forecast by Type
10.6.1 Tractors
10.6.2 Combine/Combine Harvester
10.6.3 Sprayer
10.6.4 Seed Drill
10.6.5 Soil Preparation & Cultivation Equipment
10.6.6 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 Powered Agriculture Equipment Market Size Forecast by Applications
10.10.1 Farming
10.10.2 Animal Husbandry
10.10.3 Forestry Industry
10.10.4 Fishery Industry
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 Powered Agriculture Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Size Forecast by Type
11.6.1 Tractors
11.6.2 Combine/Combine Harvester
11.6.3 Sprayer
11.6.4 Seed Drill
11.6.5 Soil Preparation & Cultivation Equipment
11.6.6 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 Powered Agriculture Equipment Market Size Forecast by Applications
11.10.1 Farming
11.10.2 Animal Husbandry
11.10.3 Forestry Industry
11.10.4 Fishery Industry
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 Powered Agriculture Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Powered Agriculture Equipment 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 Powered Agriculture Equipment Market Size Forecast by Type
12.6.1 Tractors
12.6.2 Combine/Combine Harvester
12.6.3 Sprayer
12.6.4 Seed Drill
12.6.5 Soil Preparation & Cultivation Equipment
12.6.6 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 Powered Agriculture Equipment Market Size Forecast by Applications
12.10.1 Farming
12.10.2 Animal Husbandry
12.10.3 Forestry Industry
12.10.4 Fishery Industry
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) Powered Agriculture Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Powered Agriculture Equipment 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) Powered Agriculture Equipment Market Size Forecast by Type
13.6.1 Tractors
13.6.2 Combine/Combine Harvester
13.6.3 Sprayer
13.6.4 Seed Drill
13.6.5 Soil Preparation & Cultivation Equipment
13.6.6 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) Powered Agriculture Equipment Market Size Forecast by Applications
13.10.1 Farming
13.10.2 Animal Husbandry
13.10.3 Forestry Industry
13.10.4 Fishery Industry
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 Powered Agriculture Equipment Market: Competitive Dashboard
14.2 Global Powered Agriculture Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agco Corporation
14.3.2 CNH Industrial
14.3.3 Deere & Company
14.3.4 Kubota Corporation
14.3.5 Claas Group
14.3.6 Alamo Group
14.3.7 Escorts Group
14.3.8 Mahindra & Mahindra
14.3.9 Same Deutz-Fahr Group
14.3.10 Iseki & Company
14.3.11 Agco Corporation
14.3.12 Manitou Group
