Global Agriculture Equipment Market Challenges, Key Players, Industry Segments, Development, Opportunities, Forecast Report 2021

Agriculture Equipment Market Report By Product (Tractors, Harvesters, Drip Irrigation Equipment, Cultivation & Soil Separation Equipment, Land Leveler, Spray And Others), By Function and By Region - Global Forecast To 2022

Market Highlights
Agriculture equipment is the machinery used by farmers at various stages of agriculture such as planting, harvesting and agro processing. Traditional tools are now replaced by the agricultural equipment, such as crop processing equipment, drip irrigation equipment and others. The major driver for the growth of agriculture equipment market is the emergence of the concept of contract farming and increase in agricultural production targets. The rapid increase in population is generating the demand for food and thereby seeking even better agricultural equipment. Though farmers benefit from the use of agricultural equipment, the huge cost involved in the acquisition of such agriculture equipment is restraining the growth of this market.

Key Players
• AGCO Corp. (U.S.),
• JC Bamford Excavators Limited (U.K.),
• Deere & Company (U.S.),
• CNH Industrial N.V. (U.K.),
• Kubota Corporation (Japan),
• Iseki & Co., Ltd. (Japan),
• Daedong Industrial Co., Ltd. (U.S.),
• Mahindra & Mahindra Limited (India),
• Escorts Limited (India)
• others.

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 By Product type
• Tractors
• Harvesters
• Drip irrigation equipment
• Cultivation & soil separation equipment
• Spray
• Land leveler
• Others
 By Function
• Harvesting
• Planting & fertilizing
• Haying
• Plowing & cultivation
 By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Agriculture Equipment Market Research Report - Global Forecast to 2022

Market Research Analysis
The tractor is dominating the agriculture equipment market as it can perform many functions on agricultural land and are the most versatile equipment used in farming. When tractor technologies are combined with the GPS systems, they function as highly efficient and productive equipment which assist in performing major agricultural tasks. With the major concern of water conservation, drip irrigation equipment is also expected to grow significantly.

Intended Audience
• Agriculture equipment manufacturers
• Distributer & Supplier companies
• End Users
• Investment bankers
• Government institutions

Regional Analysis
Asia-Pacific region is expected to dominate the Agriculture equipment market with the highest CAGR. The low rate of mechanization in the agriculture sector in developing nations such as India and China is expected to reveal huge opportunities for adopting mechanized farming practices in the region. This would, in turn lead the agricultural equipment market in the Asia-pacific region. North America and Europe are forecast to witness slow growth, owing to the existence of highly mechanized agricultal practices in the region.

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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