China Agriculture Equipment Market (2024-2030) | Outlook, Companies, Revenue, Trends, Growth, Forecast, Size, Industry, Share, Value & Analysis
Market Forecast By Products (Tractors ( Up to 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up to 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up to 30 HP & 30.1 HP- 70 HP), Pumps (Up to 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above 200 HP), Power Tillers (Up to 30 HP & 30.1 HP- 70 HP), Rotavators ( Up to 30 HP, 30.1 HP- 70 HP & 70.1 HP- 130 HP and Other Agriculture Equipment) and Competitive Landscape.
| Product Code: ETC000962 | Publication Date: Jun 2022 | Updated Date: May 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
China Agriculture Equipment Market Competition 2023
China Agriculture Equipment market currently, in 2023, has witnessed an HHI of 2244, Which has increased slightly as compared to the HHI of 1561 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
China Export Potential Assessment For Agriculture Equipment Market (Values in USD Thousand)
Topics Covered in the China Agriculture Equipment Market
China Agriculture Equipment Market report thoroughly covers the market by products and other agriculture equipment. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
China Agriculture Equipment Market Synopsis
China Agriculture Equipment Market is driven by the increasing adoption of technology in agriculture practices and the need to improve crop yields and farm productivity. Agriculture machinery, including tractors, harvesters, and irrigation equipment, are the most widely used equipment in China. With agriculture and rural areas playing a critical role in its economy. Agriculture equipment is essential for modern farming practices, and its market in China is growing at a rapid pace.
According to 6Wresearch, the China Agriculture Equipment Market size in China is expected to grow at a CAGR of 7.2% during the forecast period 2024-2030. The market growth is driven by an increasing technological advancement in agricultural machinery, increasing government support for agriculture, the growing demand for environmental safety, and a shift in the farm-to-market supply chain. Furthermore, the rising labor costs have led farmers to rely on technology to improve farming efficiency, resulting in high demand for agricultural equipment. Despite the growth, the market has various challenges, including small farming lands, inadequate infrastructure, scarcity of labor, and the environmental impact of agriculture practices.
The shortage of fertilizers and pesticides also creates difficulties for farmers. Moreover, the high cost of agricultural equipment poses another obstacle to the China Agriculture Equipment Market growth. Nevertheless, some trends are leaving a positive impact owing to the increasing focus on sustainability, precision farming techniques, and automation. Hybrid technologies, sensor-based equipment, and automation technology help to improve productivity and precision farming practices. The increasing use of artificial intelligence in agriculture equipment provides farmers with predictive insights and helps in decision-making.
Government Initiatives Introduced in the China Agriculture Equipment Market
China Agriculture Equipment Market share is estimated to increase with the introduction of several initiatives to promote agriculture and improve farming efficiency. One of the most significant government initiatives is the provision of subsidies to small farmers to help them purchase agricultural equipment. Many key players operating in the agriculture equipment market in China, including John Deere, AGCO Corporation, CNH Industrial N.V., and Kubota Corporation, among others.
Key Players in the China Agriculture Equipment Market
The Chinese agriculture equipment market is primarily dominated by domestic manufacturers, with Dongfeng, YTO Group, and Changzhou Dongfeng Agricultural Machinery ranking as the top players. Other significant players include Shifeng Group, Shandong Shifeng (Group), Foton Lovol International Heavy Industry, Yueda Group, and Xingguang Agricultural Equipment.
Market Analysis by Product
According to Nitesh, Research Manager, 6Wresearch, all machines' demands vary depending on the farmer's crop and scale of farming. From tractors to rotavators, every piece of equipment plays a crucial role in maintaining the productivity of farms. However, tractors are dominating the China Agriculture Equipment Market revenue, with high demand in the country's agriculture equipment market.
Key attractiveness of the report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2020 to 2023.
- Base Year: 2023.
- Forecast Data until 2030.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- China Agriculture Equipment Market Outlook
- China Agriculture Equipment Market Overview
- China Agriculture Equipment Market Forecast
- China Agriculture Equipment Market Size
- China Agriculture Equipment Market Share, by-products
- China Agriculture Equipment Market Forecast of revenues until 2030
- Historical Data of China Agriculture Equipment Market Revenues and Volume, by-products for the Period 2020 - 2030
- Market Size & Forecast of China Agriculture Equipment Market Revenues and Volume, by-products until 2020
- China Tractor Market Revenue and Volume Share, By HP Range
- Historical Data of China Tractor Market Revenues and Volume, by HP range for the Period 2020 - 2030
- Market Size & Forecast of China Tractor Market Revenues and Volume, By HP range until 2020
- China Harvester Market Revenue and Volume Share, By HP Range
- Historical Data of China Harvester Market Revenues and Volume, by HP range for the Period 2020 - 2030
- Market Size & Forecast of China Harvester Revenue and Volume Share, By HP range until 2020
- China Thresher Market Revenue and Volume Share, By HP Range
- Historical Data of China Thresher Market Revenues and Volume, by HP range for the Period 2020 - 2030
- Market Size & Forecast of China Thresher Market Revenues and Volume, By HP range until 2020
- China Pumps Market Revenue and Volume Share, By HP Range
- Historical Data of China Pumps Market Revenues and Volume, by HP range for the Period 2020 - 2030
- Market Size & Forecast of China Pumps Market Revenues and Volume, By HP range until 2020
- China Power Tiller Market Revenue and Volume Share, By HP Range
- Historical Data of China Power Tiller Market Revenues and Volume, by HP range for the Period 2020 - 2030
- Market Size & Forecast of China Power Tiller Market Revenues and Volume, By HP range until 2020
- China Rotavator Market Revenue and Volume Share, By HP Range
- Historical Data of China Rotavator Market Revenues and Volume, by HP range for the Period 2020 - 2030
- Market Size & Forecast of China Rotavator Market Revenues and Volume, By HP range until 2020
- China Agriculture Equipment Market Drivers and Restraints
- China Agriculture Equipment Market Trends
- Porter’s Five Forces Analysis and Market Opportunity Assessment
- China Agriculture Equipment Market Share, by Companies
- China Agriculture Equipment Market Overview, by Competitive Benchmarking
- Company Profiles
- Strategic Recommendations
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By-Products:
Tractors
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- 130.1 HP- 200 HP
- Above 200 HP
Harvesters
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- 130.1 HP- 200 HP
- Above 200 HP
Threshers
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- 130.1 HP- 200 HP
- Above 200 HP
Pumps
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- 130.1 HP- 200 HP
- Above 200 HP
Power Tillers
- Up to 30 HP
- 30.1 HP- 70 HP
Rotavators
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
China Agriculture Equipment Market (2023-2029): FAQs
The growing agricultural mechanization and the rising use of agricultural machines to fasten the modernization process.
Shifeng Group, Shandong Shifeng (Group), Foton Lovol International Heavy Industry, Yueda Group, and Xingguang Agricultural Equipment.
The government's continued support and investment and further technological advancements in precision farming, artificial intelligence, and other digital technologies will also fuel market growth.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1. Executive Summary |
| 2. Introduction |
| 2.1. Report Description |
| 2.2. Key Highlights of the Report |
| 2.3. Market Scope & Segmentation |
| 2.4. Methodology Adopted and Key Data Points |
| 2.5. Assumptions |
| 3. Australia Agriculture Equipment Market Overview |
| 3.1. Australia Agriculture Equipment Market Revenues and Volume, 2020-2030F |
| 3.2. Australia Agriculture Equipment Market Industry Life Cycle, |
| 3.3. Australia Agriculture Equipment Market Porter’s Five Forces |
| 3.4. Australia Agriculture Equipment Market Revenue and Volume Share, By Products, 2023 & 2030F |
| 4. Australia Agriculture Equipment Market Dynamics |
| 4.1. Impact Analysis |
| 4.2. Market Drivers |
| 4.3. Market Restraints |
| 5 Australia Tractor Market Trends |
| 5 Australia Agriculture Equipment Market, By Products |
| 5. 1Australia Agriculture Equipment Market, By Tractors |
| 5.2. Australia Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
| 5.3. Australia Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
| 5.4. Australia Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
| 5.5. Australia Agriculture Equipment Market Revenues & Volume, By 130.1 HP- 200 HP, 2020-2030F |
| 6. Australia Agriculture Equipment Market, By Harvesters |
| 6.1. Australia Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
| 6.2. Australia Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
| 6.3. Australia Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
| 6.4. Australia Agriculture Equipment Market Revenues & Volume, By 130.1 HP- 200 HP, 2020-2030F |
| 7. Australia Agriculture Equipment Market, By Threshers |
| 7.1. Australia Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
| 7.2. Australia Agriculture Equipment Market Revenue & Volume, By 30.1 HP- 70 HP, 2020-2030F |
| 8. Australia Agriculture Equipment Market, By Pumps |
| 8.1. Australia Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
| 8.2. Australia Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
| 8.3. Australia Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
| 8.4. Australia Agriculture Equipment Market Revenues & Volume, By 130.1 HP- 200 HP, 2020-2030F |
| 8.5. Australia Agriculture Equipment Market Revenues & Volume, By Above 200 HP, 2020-2030F |
| 9. Australia Agriculture Equipment Market, By Power Tillers |
| 9.1. Australia Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
| 9.2. Australia Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
| 10. Australia Agriculture Equipment Market, By Rotavators |
| 10.1. Australia Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
| 10.2. Australia Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
| 10.3. Australia Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
| 10.4. Australia Agriculture Equipment Market Revenues & Volume, By Other Agriculture Equipment, 2020-2030F |
| 11 Australia Agriculture Equipment Market Import-Export Trade Statistics |
| 11.1 Australia Agriculture Equipment Market Export to Major Countries |
| 11.2 Australia Agriculture Equipment Market Imports from Major Countries |
| 11.3 Australia Agriculture Equipment Market Key Performance Indicators |
| 13. Australia Agriculture Equipment Market Opportunity Assessment |
| 13.1. Australia Agriculture Equipments Market, Opportunity Assessment, By Products, 2030 |
| 14. Australia Agriculture Equipment Market Competitive Landscape |
| 14.1. Australia Agriculture Equipment Market Revenue Share, By Companies, 2023 |
| 15. Company Profiles |
| 16. Strategic Recommendations |
| 17. Disclaimer |
Market Forecast By Products (Tractors ( Up to 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up to 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up to 30 HP & 30.1 HP- 70 HP), Pumps (Up to 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above 200 HP), Power Tillers (Up to 30 HP & 30.1 HP- 70 HP), Rotavators ( Up to 30 HP, 30.1 HP- 70 HP & 70.1 HP- 130 HP and Other Agriculture Equipment) and Competitive Landscape.
| Product Code: ETC000962 | Publication Date: Sep 2019 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
China is a highly industrialized country; however, a good proportion of the population is still dependent on agriculture. The development of agriculture and farm mechanization has always been a top priority for the government of China. The farm mechanization industry has witnessed a phase of slow-down in recent years. However, the market has begun to experience signs of recovery in the first half of 2019. The Government’s efforts for up-gradation and transformation of agriculture mechanization are a major reason for the projected growth of China agriculture equipment market during the forecast period.
According to 6Wresearch, China Agriculture Equipment Market size is projected to grow at a CAGR of 1.9 % during 2019-25. The market saw a downward trend until 2019 since the market has already seen the saturation level. However, the market is anticipated to witness healthy growth from 2020 onwards as the market players are introducing new and innovative products. Other reasons for the growth of agricultural mechanization are increased pressure to increase farm productivity on account of the growing demand for cereals and food and decreased farm labor.
Amongst all products, the market of tractors acquired the highest volume share in the China agriculture equipment market in the year 2018 and would continue to maintain its dominance during the forecast period as well. Moreover, less than 30 HP tractor is the major contributor to the volume of tractors in China owing to decreasing farm size in the country and increasing government support to small farmers over large farmers.
The China agriculture equipment market report thoroughly covers the market by product types and by HP range. China agriculture equipment market outlook report provides an unbiased and detailed analysis of the on-going China agriculture equipment market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics. China's agricultural equipment industry having different characters of unspecified manufacturers producing low technology. In the country, there are multiple equipment manufacturers such as Henan, Liaoning, lack of resources like funding, infrastructure, and human capital. China having heavily used imports high-tech farming machines. CAMDA stands for China Agricultural Machinery Distribution Association.
China Agriculture Equipment Market is anticipated to register significant growth projections during the forecast period 2020-26F backed by increasing government investments in the development of the agriculture sector in China coupled with decent rebates and incentives initiated by the Chinese government for easy procurement of farm equipment. According to the World Bank, inadequate services are leading to migration of the rural population towards urban areas in search of a better livelihood and better employment opportunities and is creating a substantial decline in the manual farm labors and has turned out to be a serious matter of concern for the country. To maintain sound crop production and progressive development of the agriculture sector, the adoption of agriculture and farm machinery is increasing across the country and would contribute towards the sound growth of the china agriculture equipment market in the near future.
Key Highlights of the Report:
- China Agriculture Equipment Market Overview
- China Agriculture Equipment Market Outlook
- China Agriculture Equipment Market Forecast
- China Agriculture Equipment Market Size
- China Agriculture Equipment Market Share, by-products
- China Agriculture Equipment Market Forecast of revenues until 2025
- Historical Data of China Agriculture Equipment Market Revenues and Volume, by-products for the Period 2015-2018
- Market Size & Forecast of China Agriculture Equipment Market Revenues and Volume, by-products until 2025
- Historical Data of China Tractor Market Revenues and Revenue Share, by HP range for the Period 2015-2018
- Market Size & Forecast of China Tractor Market Revenues and Revenue Share, By HP range until 2025
- Historical Data of China Harvester Market Revenues and Revenue Share, by HP range for the Period 2015-2018
- Market Size & Forecast of China Harvester Market Revenues and Revenue Share, By HP range until 2025
- Historical Data of China Thresher Market Revenues and Revenue Share, by HP range for the Period 2015-2018
- Market Size & Forecast of China Thresher Market Revenues and Revenue Share, By HP range until 2025
- Historical Data of China Pumps Market Revenues and Revenue Share, by HP range for the Period 2015-2018
- Market Size & Forecast of China Pumps Market Revenues and Revenue Share, By HP range until 2025
- Historical Data of China Power Tiller Market Revenues and Revenue Share, by HP range for the Period 2015-2018
- Market Size & Forecast of China Power Tiller Market Revenues and Revenue Share, By HP range until 2025
- Historical Data of China Rotavator Market Revenues and Revenue Share, by HP range for the Period 2015-2018
- Market Size & Forecast of China Rotavator Market Revenues and Revenue Share, By HP range until 2025
- China Agriculture Equipment Market Drivers and Restraints
- China Agriculture Equipment Market Trends
- Porter’s Five Forces Analysis and Market Opportunity Assessment
- China Agriculture Equipment Market Share, by Companies
- China Agriculture Equipment Market Overview on Competitive Benchmarking
- Company Profiles
- Strategic Recommendations
China Agriculture Equipment Market Report Covered:
The report provides a detailed analysis of the following market segments:
- By-Products:
- Tractors
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- 130.1 HP- 200 HP
- Harvesters
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- 130.1 HP- 200 HP
- Threshers
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- Pumps
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- 130.1 HP- 200 HP
- Above 200 HP
- Power Tillers
- Up to 30 HP
- 30.1 HP- 70 HP
- Rotavators
- Up to 30 HP
- 30.1 HP- 70 HP
- 70.1 HP- 130 HP
- Other Agriculture Equipment
- Tractors
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
Search
Related Reports
- Cogeneration Equipment Market (2024-2030) | Revenue, Analysis, Trends, Value, Outlook, Companies, Forecast, Share, Industry, Size & Growth
- Carbon Credit Market (2024-2030) | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation
- Chocolate Market (2024-2030) | Size, Value, Industry, Share, Revenue, Forecast, Trends, Growth, Analysis
- Czech Republic Crude Sulfate Turpentine Market Outlook | Size, Forecast, Growth, Share, Analysis, Trends, Value, Companies, COVID-19 IMPACT, Revenue & Industry
- Poland Crude Sulfate Turpentine Market Outlook | Revenue, Value, Share, Growth, Forecast, COVID-19 IMPACT, Size, Industry, Analysis, Trends & Companies
- Germany Stainless Steel Commercial Kitchen Appliances Market (2024-2030) | Segmentation, Growth, Outlook, Share, Analysis, Industry, Companies, Value, Size & Revenue, Forecast, Trends
- Bus Market (2024-2030) | Trends, Size, Value, Forecast, Growth, Share, Companies, Analysis, Revenue & Industry
- Canned Food Market (2024-2030) | companies, industry, Size, Share, Revenue, Forecast, Trends, Analysis, Growth, Value, Outlook
- India Video Surveillance Market (2024-2030) | Size, industry, Share, Trends, Revenue, Analysis, Forecast, Growth, Value, Outlook
- India Air Conditioner (AC) Market (2024-2030) | Share, Size, Growth, Industry, Segmentation, Trends, Value, Revenue, Analysis & Outlook
Industry Events and Analyst Meet
EV INDIA EXPO 2024
Automechanika Dubai
The Arab Desk
Smart Home Expo 2025
Print Expo 2024
Our Clients
Whitepaper
- Middle East & Africa Commercial Security Market Click here to view more.
- Middle East & Africa Fire Safety Systems & Equipment Market Click here to view more.
- GCC Drone Market Click here to view more.
- Middle East Lighting Fixture Market Click here to view more.
- GCC Physical & Perimeter Security Market Click here to view more.
6WResearch In News
- India's Printer Market Faces 20.7% Decline in Q4 2023: Epson and HP Lead Amidst Downturn
- India's Camera Market Sees 8.9% Decline in Q4 2023; Canon Leads with 38.4% Share
- Doha a strategic location for EV manufacturing hub: IPA Qatar
- Demand for luxury TVs surging in the GCC, says Samsung
- Empowering Growth: The Thriving Journey of Bangladesh’s Cable Industry
- The future of gaming industry in the Philippines
