Powered Agriculture Equipment Market Research Report - Global Forecast to 2030

Powered Agriculture Equipment Market Information Report by Product Type (Tractors, Combine/Combine Harvester, Sprayer, Soil Preparation & Cultivation Equipment, Seed Drill, Others) and by Region - Global Forecast to 2030

ID: MRFR/IA - E/1806-CR | January, 2018 | Region : Global

1 Executive Summary

2 Introduction

2.1 Definition 13

2.2 Scope Of The Study 13

2.3 Assumptions 13

2.4 Market Structure 14

3 Research Methodology

3.1 Research Process 15

3.2 Primary Research 16

3.3 Secondary Research 16

3.4 Market Size Estimation 16

3.5 Forecast Model 18

4 Market Dynamics

4.1 Drivers 20

4.1.1 Growth In Agriculture Sector 20

4.1.2 Rise In Global Population 20

4.1.3 Easy Credit And Subsidies Availability In Asian Markets 21

4.1.4 Rising Demand For Advanced Agricultural Machinery 22

4.2 Restraints 22

4.2.1 Fluctuating Weather Conditions & Farming Calendars 22

4.2.2 Dynamic Economic Environment 23

4.2.3 High Cost Of Machinery 24

4.3 Opportunities 25

4.3.1 Improved Credit Availability 25

4.3.2 Government Subsidies 25

5 Market Factor Analysis

5.1 Porter's Five Forces Analysis 26

5.1.1 Threat Of New Entrants 27

5.1.2 Bargaining Power Of Suppliers 27

5.1.3 Bargaining Power Of Buyers 27

5.1.4 Threat Of Substitutes 27

5.1.5 Rivalry 27

5.2 Supply Chain Analysis 28

6 Global Powered Agriculture Equipment Market, By Product Type

6.1 Overview 30

6.1.1 Tractors 32

6.1.2 Combine/Combine Harvester 32

6.1.3 Sprayer 32

6.1.4 Seed Drill 33

6.1.5 Soil Preparation & Cultivation Equipment 33

7 Global Powered Agriculture Equipment Market, By Region

7.1 Introduction 35

7.2 North America 37

7.2.1 U.S. 39

7.2.2 Canada 40

7.3 Europe 41

7.3.1 Germany 43

7.3.2 U.K. 44

7.3.3 France 45

7.3.4 Spain 45

7.3.5 Rest Of Europe 46

7.4 Asia-Pacific 48

7.4.1 China 51

7.4.2 Japan 52

7.4.3 India 53

7.4.4 Rest Of Asia-Pacific 54

7.5 Rest Of The World 55

7.5.1 South America 57

7.5.2 Middle East & Africa 58

8 Competitive Scenario

8.1 Competetive Scenario 59

8.2 Global Powered Agriculture Equipment Market Shares Of Top 5 Players 60

8.3 Competitors Benchmarking 61

9 Company Profile

9.1 AGCO CORPORATION 63

9.1.1 Company Overview 63

9.1.2 Financial Overview 63

9.1.3 Product/Service Offering 64

9.1.4 Strategy 66

9.1.5 Key Developments 67

9.1.6 SWOT Analysis 67

9.2 CNH Industrial N.V. 68

9.2.1 Company Overview 68

9.2.2 Financial Overview 68

9.2.3 Product/Service Offering 69

9.2.4 Strategy 70

9.2.5 Key Developments 70

9.2.6 SWOT Analysis 71

9.3 Deere & Company 72

9.3.1 Company Overview 72

9.3.2 Financial Overview 72

9.3.3 Product/Service Offering 73

9.3.4 Strategy 74

9.3.5 Key Developments 74

9.3.6 SWOT Analysis 75

9.4 Kubota Corporation 76

9.4.1 Company Overview 76

9.4.2 Financial Overview 76

9.4.3 Product/Service Offering 77

9.4.4 Strategy 77

9.4.5 Key Developments 78

9.4.6 SWOT Analysis 78

9.5 CLAAS Group 79

9.5.1 Company Overview 79

9.5.2 Financial Overview 79

9.5.3 Product/Service Offering 80

9.5.4 Strategy 81

9.5.5 Key Developments 81

9.5.6 SWOT Analysis 82

9.6 Alamo Group Inc. 83

9.6.1 Company Overview 83

9.6.2 Financial Overview 83

9.6.3 Product/Service Offering 84

9.6.4 Strategy 84

9.6.5 Key Developments 85

9.7 Escorts Group 86

9.7.1 Company Overview 86

9.7.2 Financial Overview 86

9.7.3 Product/Service Offering 87

9.7.4 Strategy 87

9.7.5 Key Developments 88

9.8 Mahindra & Mahindra Limited 89

9.8.1 Company Overview 89

9.8.2 Financial Overview 89

9.8.3 Product/Service Offering 90

9.8.4 Strategy 91

9.8.5 Key Developments 91

9.9 SAME DEUTZ-FAHR GROUP S.P.A. 92

9.9.1 Company Overview 92

9.9.2 Financial Overview 92

9.9.3 Product/Service Offering 93

9.9.4 Strategy 94

9.9.5 Key Developments 94

9.10 ISEKI & COMPANY LIMITED 95

9.10.1 Company Overview 95

9.10.2 Financial Overview 95

9.10.3 Product/Service Offering 96

9.10.4 Strategy 97

9.10.5 Key Developments 97

10 List Of Tables

TABLE 1 SUBSIDIES SPECIFICALLY FOR THE PURCHASE OF AGRICULTURE EQUIPMENT 21

TABLE 2 WORLD FARMING CALENDAR 23

TABLE 3 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 31

TABLE 4 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY REGION, 2020-2027 (USD BILLION) 36

TABLE 5 NORTH AMERICA: POWERED AGRICULTURE EQUIPMENT MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 37

TABLE 6 NORTH AMERICA: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 38

TABLE 7 U.S.: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 39

TABLE 8 CANADA: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 40

TABLE 9 EUROPE: POWERED AGRICULTURE EQUIPMENT MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 41

TABLE 10 EUROPE: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 42

TABLE 11 GERMANY: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 43

TABLE 12 U.K.: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 44

TABLE 13 FRANCE: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 45

TABLE 14 SPAIN: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 46

TABLE 15 REST OF EUROPE: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 47

TABLE 16 ASIA-PACIFIC: POWERED AGRICULTURE EQUIPMENT MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 48

TABLE 17 ASIA-PACIFIC: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 49

TABLE 18 CHINA: CROP PRODUCTION, 2020-2020 (IN MILLION METRIC TON) 51

TABLE 19 CHINA: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 51

TABLE 20 JAPAN: CROP PRODUCTION, 2020-2020 (IN MILLION METRIC TON) 52

TABLE 21 JAPAN: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 52

TABLE 22 INDIA: CROP PRODUCTION, 2020-2020 (IN MILLION METRIC TON) 53

TABLE 23 INDIA: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 53

TABLE 24 REST OF ASIA-PACIFIC: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 54

TABLE 25 ROW: POWERED AGRICULTURE EQUIPMENT MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 55

TABLE 26 ROW: POWERED AGRICULTURE EQUIPMENT MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 55

TABLE 27 ROW: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027(USD BILLION) 56

TABLE 28 ROW: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 56

TABLE 29 SOUTH AMERICA: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 57

TABLE 30 MIDDLE EAST & AFRICA: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 58

TABLE 31 ALAMO GROUP INC.: KEY DEVELOPMENTS, 2020-2027 85

11 List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR 15

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 17

FIGURE 3 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET 19

FIGURE 4 SIZE OF AGRICULTURE IN GDP (USD MILLION) 20

FIGURE 5 EFFECT OF ECONOMIC ENVIRONMENT ON THE AGRICULTURE EQUIPMENT DEMAND 24

FIGURE 6 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET 26

FIGURE 7 SUPPLY CHAIN ANALYSIS OF GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET 28

FIGURE 8 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020 (IN %) 30

FIGURE 9 POWERED AGRICULTURE EQUIPMENT MARKET SHARE, BY REGION, 2020 (IN %) 35

FIGURE 10 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY REGION, 2020-2027 (USD BILLION) 36

FIGURE 11 NORTH AMERICA: POWERED AGRICULTURE EQUIPMENT MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 37

FIGURE 12 NORTH AMERICA: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 38

FIGURE 13 EUROPE: POWERED AGRICULTURE EQUIPMENT MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 41

FIGURE 14 EUROPE: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 42

FIGURE 15 ASIA-PACIFIC: POWERED AGRICULTURE EQUIPMENT MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 48

FIGURE 16 ASIA-PACIFIC: POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2020-2027 (USD BILLION) 49

FIGURE 17 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, 2020-2027, (% SHARE) 59

FIGURE 18 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET SHARE OF TOP 5 PLAYERS 60

FIGURE 19 COMPETITORS BENCHMARKING 61

FIGURE 20 AGCO CORPORATION: TOTAL REVENUE (USD MILLION) 63

FIGURE 21 AGCO CORPORATION: GEOGRAPHIC REVENUE MIX, 2020 (%) 64

FIGURE 22 AGCO CORPORATION: KEY DEVELOPMENTS, 2020-2027 (%) 67

FIGURE 23 AGCO CORPORATION: SWOT ANALYSIS 67

FIGURE 24 CNH INDUSTRIAL N.V.: TOTAL REVENUE VS SEGMENTAL REVENUE (AGRICULTURAL EQUIPMENT) 68

FIGURE 25 CNH INDUSTRIAL N.V.: GEOGRAPHICAL REVENUE MIX, 2020 (IN %) 69

FIGURE 26 CNH INDUSTRIAL N.V.: KEY DEVELOPMENTS, 2020-2027 (%) 70

FIGURE 27 DEERE & COMPANY: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 72

FIGURE 28 DEERE & COMPANY: GEOGRAPHIC REVENUE MIX, 2020 (%) 73

FIGURE 29 DEERE & COMPANY: KEY DEVELOPMENTS, 2020-2027 (%) 74

FIGURE 30 KUBOTA CORPORATION: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 76

FIGURE 31 KUBOTA CORPORATION: GEOGRAPHIC REVENUE MIX, 2020 (%) 77

FIGURE 32 KUBOTA CORPORATION: KEY DEVELOPMENTS, 2020-2027 78

FIGURE 33 KUBOTA CORPORATION: SWOT ANALYSIS 78

FIGURE 34 CLAAS GROUP: TOTAL REVENUE 79

FIGURE 35 CLAAS GROUP: GEOGRAPHICAL REVENUE MIX, 2020 (%) 80

FIGURE 36 CLASS GROUP: KEY DEVELOPMENTS, 2020-2027 (%) 81

FIGURE 37 CLASS GROUP: SWOT ANALYSIS 82

FIGURE 38 ALAMO GROUP INC.: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 83

FIGURE 39 ALAMO GROUP INC.: GEOGRAPHIC REVENUE MIX, 2020 (%) 84

FIGURE 40 ESCORTS GROUP: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 86

FIGURE 41 ESCORTS GROUP: GEOGRAPHIC REVENUE MIX, 2020 (%) 87

FIGURE 42 ESCORTS GROUP: KEY DEVELOPMENTS, 2020-2027 (%) 88

FIGURE 43 MAHINDRA & MAHINDRA LIMITED.: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 89

FIGURE 44 MAHINDRA & MAHINDRA LIMITED: GEOGRAPHIC REVENUE MIX, 2020 (%) 90

FIGURE 45 MAHINDRA & MAHINDRA LIMITED: KEY DEVELOPMENTS, 2020-2027 (%) 91

FIGURE 46 SAME DEUTZ-FAHR GROUP S.P.A.: TOTAL REVENUE 92

FIGURE 47 SAME DEUTZ-FAHR GROUP S.P.A.: GEOGRAPHIC REVENUE MIX, 2020 (%) 93

FIGURE 48 SAME DEUTZ-FAHR GROUP S.P.A.: KEY DEVELOPMENTS, 2020-2027 (%) 94

FIGURE 49 ISEKI & COMPANY LIMITED: TOTAL REVENUE 95

FIGURE 50 ISEKI & COMPANY LIMITED: GEOGRAPHIC REVENUE MIX, 2020 (%) 96

FIGURE 51 ISEKI & COMPANY LIMITED: KEY DEVELOPMENTS, 2020-2027 (%) 97

Powered Agriculture Equipment Market

Powered Agriculture Equipment Market Size is expected to cross USD $115 billion by 2027 at a CAGR of 5% during the forecast period 2021-2027

Segmentation

By Power Output: <30 HP 31–70 HP 71–130 HP 131–250 HP >250 HP
By Function. Plowing & Cultivating Sowing & Planting Plant Protection & Fertilizing Harvesting & Threshing Others
By Equipment Type Tractors Combines Sprayers Balers Others
By propulsion Battery Electric Hybrid Electric

Key Players

  • GCO Corporation (U.S.)
  • John Deere & Co. (U.S.)
  • Mahindra & Mahindra Ltd (India)
  • CNH Industrial (U.K)
  • Kubota Corporation (Japan)
  • CLAAS Group (Germany)
  • Alamo Group Inc. (U.S.)
  • Escorts Group (India)
  • Iseki & Co. Ltd (Japan)
  • SDF S.P.A. (Italy)

Drivers

  • New product launches and R&D Amongst major key Players
  • Rigorous practice of advanced agricultural practices.
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