Market Forecast by Equipment (tractor (up to 30 HP, 30.1-70 HP, 70.1-130 HP, 130.1-200 HP), combine harvester (30.1-70 HP, 70.1-130 HP, 130.1-200 HP), Thresher (up to 30 HP, 30.1-70 HP), pump (up to 30 HP, 30.1-70 HP, 70.1-130 HP, 130.1-200 HP, more than 200 HP), power tiller (up to 30 HP, 30.1-70 HP), rotavator (up to 30 HP, 30.1-70 HP, 70.1-130 HP) and others), By key Regions (Asia Pacific, Latin America, Global, North America, Middle East and Africa) and Competitive Landscape
Product Code: ETC054363 | Publication Date: Mar 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Agriculture and Farm Machinery Market are expecting to witness growth with upcoming technologies in the business, such as mechanization of the seeding process and automation in applying fertilizers. However, the life-threatening impact of the COVID-19 virus, the economic activities in the countries across the globe has been delayed and have suffered a downfall in the year 2020. Further, the market is envisioned to recover growth in the latter part of the year.
According to 6Wresearch, Global Agriculture And Farm Machinery Market size are anticipating to register growth during 2020-2026. The Asia Pacific region is expected to register the fastest growth in the next six years in Agriculture and Farm Machinery market owing to the increase in demand for agricultural products, particularly, from India and China. In the APAC region, China dominates in terms of production and sale of agriculture equipment. Additionally, Middle East is expecting to drive the farm machinery industry due to decreasing interest rates on tractor financing. Further, India, Japan, Australia, North America bank on to contribute a majority market share in the global market due to the interdependency of trade and food security, thereby surpassing Global currently the substantial market given extensively implementing automation systems in the region.
Global Agriculture and Farm Machinery Market based on product types are segmented into haying, harvesting, fertilizing, planting, farm tractors, plowing, and cultivation. Particularly, farm tractor and harvest machinery are expected to grow due to increasing demand for high horse-power tractors ranging above 40(HP) from Global and North America. Further, an increase in an arable land area demand for agricultural mechanization in the markets from Global and North America is driving the tractor market globally. Moreover, precision farming for quality harvest with an acute shortage of farm labor and the technological advancements in agricultural machinery in developing economies specifically, India is leading the market growth for the harvesting machinery sector.
The Global Agriculture and Farm Machinery market report thoroughly covers the market by equipment and regions including the Asia Pacific, North America, Latin America, Global, and Middle East regions. The Global Agriculture and Farm Machinery market outlook report provide an unbiased and detailed analysis of the ongoing Global Agriculture and Farm Machinery market trends, opportunities/high growth areas, and market drivers helping the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The global agriculture and farm machinery market is projected to gain momentum during the forecast period 2020-26F on the back of the rising subsidiary by the government has led to enable farmers to adopt farm machinery. Further, agricultural activity is been rising at the fastest pace underpinned by the increased domestic consumption and export and import practices of between the countries grains, cereals, and vegetables simultaneously the demand for agriculture and farm machinery deployment is increasing and would benefit the agriculture and farm machinery market to grow exponentially in the years ahead.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
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. Global Agriculture and Farm Machinery Market Overview |
3.1. Global Agriculture and Farm Machinery Market Revenues, 2016-2026F |
3.2. Global Agriculture and Farm Machinery Market Revenues, By Equipment, 2019 & 2026F |
3.3. Global Agriculture and Farm Machinery Market Revenues, By Regions, 2019 & 2026F |
3.4. Global Agriculture and Farm Machinery Market-Industry Life Cycle, 2019 |
3.5. Global Agriculture and Farm Machinery Market-Porter's Five Forces |
4. Global Agriculture and Farm Machinery Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Agriculture and Farm Machinery Market Trends |
6. Global Agriculture and Farm Machinery Market Overview, By Equipment |
6.1. Global Tractor Market Overview |
6.1.1. Global Tractor Market Revenues, 2016-2026F |
6.1.2. Global Tractor Market Revenues, By Upto 30 HP, 2019 & 2026F |
6.1.3. Global Tractor Market Revenues, By 30.1-70 HP, 2019 & 2026F |
6.1.4. Global Tractor Market Revenues, By 70.1-130 HP, 2016-2026F |
6.1.5. Global Tractor Market Revenues, By 130.1-200 HP, 2016-2026F |
6.2. Global Combine Harvester Market Overview |
6.2.1. Global Combine Harvester Market Revenues, 2016-2026F |
6.2.2. Global Combine Harvester Market Revenues, By 20.1-70 HP, 2019 & 2026F |
6.2.2. Global Combine Harvester Market Revenues, By 70.1-10 HP, 2019 & 2026F |
6.2.4. Global Combine Harvester Market Revenues, By 120.1-200 HP, 2016-2026F |
6.3. Global Thresher Market Overview |
6.3.1. Global Thresher Market Revenues, 2016-2026F |
6.3.2. Global Thresher Market Revenues, By Upto 30 HP, 2019 & 2026F |
6.3.3. Global Thresher Market Revenues, By 30.1-70 HP, 2019 & 2026F |
6.4. Global Pump Market Overview |
6.4.1. Global Pump Market Revenues, 2016-2026F |
6.4.2. Global Pump Market Revenues, By Upto 30 HP, 2019 & 2026F |
6.4.3. Global Pump Market Revenues, By 30.1-70 HP, 2019 & 2026F |
6.4.4. Global Pump Market Revenues, By 70.1-130 HP, 2016-2026F |
6.4.5. Global Pump Market Revenues, By 130.1-200 HP, 2016-2026F |
6.4.6. Global Pump Market Revenues, By Above 200 HP, 2016-2026F |
6.5. Global Power Tiller Market Overview |
6.5.1. Global Power Tiller Market Revenues, 2016-2026F |
6.5.2. Global Power Tiller Market Revenues, By Upto 30 HP, 2019 & 2026F |
6.5.3. Global Power Tiller Market Revenues, By 30.1-70 HP, 2019 & 2026F |
6.6. Global Rotavator Market Overview |
6.6.1. Global Rotavator Market Revenues, 2016-2026F |
6.6.2. Global Rotavator Market Revenues, By Upto 30 HP, 2019 & 2026F |
6.6.3. Global Rotavator Market Revenues, By 30.1-70 HP, 2019 & 2026F |
6.6.4. Global Rotavator Market Revenues, By 70.1-130 HP, 2016-2026F |
6.7. Global Other Agriculture and Farm Machinery Market Overview |
6.7.1. Global Other Agriculture and Farm Machinery Market Revenues, 2016-2026F |
7. Asia Pacific Agriculture and Farm Machinery Market Overview |
7.1. Asia Pacific Agriculture and Farm Machinery Market Revenues, 2016-2026F |
7.2. Asia Pacific Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Equipment |
7.3. Asia Pacific Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Countries |
8. Africa Agriculture and Farm Machinery Market Overview |
8.1. Africa Agriculture and Farm Machinery Market Revenues, 2016-2026F |
8.2. Africa Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Equipment |
8.3. Africa Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Countries |
9. Middle East Agriculture and Farm Machinery Market Overview |
9.1. Middle East Agriculture and Farm Machinery Market Revenues, 2016-2026F |
9.2. Middle East Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Equipment |
9.3. Middle East Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Countries |
10. Europe Agriculture and Farm Machinery Market Overview |
10.1. Europe Agriculture and Farm Machinery Market Revenues, 2016-2026F |
10.2. Europe Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Equipment |
10.3. Europe Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Countries |
11. North America Agriculture and Farm Machinery Market Overview |
11.1. North America Agriculture and Farm Machinery Market Revenues, 2016-2026F |
11.2. North America Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Equipment |
11.3. North America Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Countries |
12. Latin America Agriculture and Farm Machinery Market Overview |
12.1. Latin America Agriculture and Farm Machinery Market Revenues, 2016-2026F |
12.2. Latin America Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Equipment |
12.3. Latin America Agriculture and Farm Machinery Market Revenues, 2016-2026F, By Countries |
13. Global Agriculture and Farm Machinery Market Opportunity Assessment |
13.1. Global Agriculture and Farm Machinery Market Opportunity Assessment, By Countries |
13.2. Global Agriculture and Farm Machinery Market Opportunity Assessment, 2019 |
13.3. Asia Pacific Agriculture and Farm Machinery Market Opportunity Assessment, 2019 |
13.4. Middle East Agriculture and Farm Machinery Market Opportunity Assessment, 2019 |
13.5. Africa Agriculture and Farm Machinery Market Opportunity Assessment, 2019 |
13.6. Europe Agriculture and Farm Machinery Market Opportunity Assessment, 2019 |
13.7. North America Agriculture and Farm Machinery Market Opportunity Assessment, 2019 |
13.8. Latin America Agriculture and Farm Machinery Market Opportunity Assessment, 2019 |
14. Key Strategic Recommendations |
15. Disclaimer |