A research report on agricultural machinery market comprising of market’s current and future trends

09/gen/2019 13:28:17 Rajesh Contatta l'autore

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The global agricultural machinery market is valued at $XX million in 2017, and is expected to reach $XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.

Changing aspects of global agricultural machinery market

The global agricultural machinery market is booming due to factors such as-

·       Need for additional quantities of food

·       This leading to demand for automation in agricultural workforce

·       Promising government policies and technological advancements in agricultural equipment

However, dearth of skilled professionals and expensive machineries can hamper the growth of agricultural machinery market.


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Regional analysis:

Asia Pacific dominates the global market share of agricultural machinery market, owing to large population who are dependent on agricultural economy, government initiatives and increasing per capita income to increase the agricultural production.

North America is showing significant growth followed by Europe owing to new technological advancements and demand for agricultural equipment and machineries.

Market summary:

Regional, international and local players all are equally competitive in the global agricultural machinery market. Mergers, acquisitions, collaborations and partnerships are some strategies adopted by the market players to strengthen their market position. With further investments and new technological adoption are attracting potential market players. In addition to this, policies, funds and competitive landscape details are boosting the growth of agricultural machinery market.


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Some of the key players in the global agricultural machinery market include:

·        CLAAS (Germany)

·        Deere & Company (U.S.)

·        CNH Industrial (UK)

·        Bernard Krone Holding SE & Co. KG (Germany)

·        Agrostroj Pelhrimov A.S. (Czech Republic)

·        AGCO (U.S)

·        Mahindra Group (India)

·        Valmont Industries Incorporated (U.S.)

·        China National Machinery Industry Corporation (China)

·        Concern Tractor Plants (Russia)


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The global agricultural Machinery market is divided into following categories-

By category

·        Hand Tools

·        Power Tools

By type of machinery

·        Tractors

·        Cultivation Machinery

·        Ploughing Machinery

·        Manure Spreaders

·        Irrigation Systems

·        Sorters

·        Harvesting Machinery

·        Others

By application

·        Cultivation

·        Planting

·        Fertilizing and Pest control

·        Irrigation

·        Harvesting

·        Hay Making

·        Others

By crop type

·        Forage Crops

·        Grains and Cereals

·        Vegetable and Fruits

·        Others

By geographical regions

·       North America

·       Latin America

·       Europe

·       Asia-Pacific

·       The Middle East &Africa


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