Indonesia Farm Equipment Market (2023-2029) | Trends, Industry, Segmentation, Share, Analysis, Growth, Size, Revenue, Value, Outlook & COVID-19 IMPACT

Indonesia Farm Equipment Market | Country-Wise Share and Competition Analysis

In the year 2021, Malaysia  was the largest exporter in terms of value, followed by China. It has registered a growth of 41.64% over the previous year. While China registered a growth of 20.03% as compare to the previous year. In the year 2017 Malaysia was the largest exporter followed by China. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has the Herfindahl index of 2526 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  2642 which signifies high concentration in the market.

Indonesia Farm Equipment Market - Export Market Opportunities

Topics Covered in Indonesia Farm Equipment Market Report

Indonesia Farm Equipment Market report thoroughly covers the market by power output, by drive type, by function and equipment type. The outlook report provides an unbiased and detailed analysis of the on-going 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.

Indonesia Farm Equipment Market Synopsis

Indonesia Farm Equipment Market is projected to grow in the forecast period. The growing population coupled with the policies of the government has led to the considerable growth in the market in the recent year. The rise of e-commerce is also bolstering the market.

According to 6Wresearch, Indonesia Farm Equipment Market size is anticipated to grow during 2023-2029. The growth of the Market can be attributed to increasing demand for efficient farming techniques. The significant growth in the population has led to more consumption of the food and it has forced farmers to use the modernised techniques to optimise the production. The various government policies has contributed immensely in the promotion of the modern farm techniques. The government is providing subsidies for the farmers to buy advance equipment enabled with latest technology that maximises the production and reduces the cost of the labour. The changing climate of the country has impacted the production of the crop negatively and due to this, the investment in latest technology has increased. Indonesia Farm Equipment Market is an integral part of the Asia Pacific Farm Equipment Market and these factors have positively affected the market. Certain challenges are existing in the market that need to be addressed. The unavailability of access to finance for farmers who want to invest in modern equipment is a major challenge in the market. The inadequate infrastructure of the country has hindered the growth of the market. The inconsistencies in the government subsidies and lack of skilled labour force is restraining the growth of the market.

COVID-19 Impact on Indonesia Farm Equipment Market

The demand and supply of the Farm Equipment Market in Indonesia were heavily impacted by COVID-19. The market was heavily dependent on imports from other countries and the constant lockdowns and restrictions on travel led to disruptions in the shipment of the delivery of the final product. The farmers were facing financial constraints due to a reduction in exports and lower consumption. The economic uncertainties made the farmers hesitant to invest in the farm instrument. The agricultural fairs and exhibitions got cancelled on account of mandatory social distancing. The market also faced the challenge of the shortage of labour and it played a major role in the lower crop yield.

Indonesia Farm Equipment Market: Key players

These are the key players in the market who have led to an increase in the Indonesia Farm Equipment Market Growth due to their innovative and advanced products which helps in maximising the production of the crop.

• Kubota Corporation
• Yanmar Holdings Co., Ltd.
• PT. Pindad
• Traktor Nusantara
• Sampoerna Agro
• PT. Rama Kencana
• PT. Astra International Tbk (Astra Agro Lestari)
• PT. Altrak 1978
• PT. United Tractors Tbk
• PT. KUBOTA Machinery Indonesia

Market By Drive Type

On the basis of drive type, the Indonesia Farm Equipment Industry is segmented into Two-Wheel and Four-Wheel. Both segments are expected to dominate the market due to the growing needs of the farmers in the country.

Market By Function Type

On the basis of function type, the market is segmented into Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, and Others. All the segments will dominate the market due to use of these machines in increasing the productivity rates of the crops.

Market by Equipment Type

On the basis of Equipment Type, the market is segmented into tractors, Combines, Sprayers, Balers, and Others. The tractor segment will dominate the market due to its use in various field operations and it will increase Indonesia Farm Equipment Share.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Farm Equipment Market Outlook
• Market Size of Indonesia Farm Equipment Market, 2022
• Forecast of Indonesia Farm Equipment Market, 2029
• Historical Data and Forecast of Indonesia Farm Equipment Revenues & Volume for the Period 2019 - 2029
• Indonesia Farm Equipment Market Trend Evolution
• Indonesia Farm Equipment Market Drivers and Challenges
• Indonesia Farm Equipment Price Trends
• Indonesia Farm Equipment Porter's Five Forces
• Indonesia Farm Equipment Industry Life Cycle
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Power Output for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By <30 HP for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By 31â??70 HP for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By 71â??130 HP for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By 131â??250 HP for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By >250 HP for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Drive Type for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Two-wheel for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Four-wheel for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Function for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Plowing & Cultivating for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Sowing & Planting for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Plant Protection & Fertilizing for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Harvesting & Threshing for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Equipment Type for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Tractors for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Combines for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Sprayers for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Balers for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Farm Equipment Market Revenues & Volume By Others for the Period 2019 - 2029
• Indonesia Farm Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Power Output
• Market Opportunity Assessment By Drive Type
• Market Opportunity Assessment By Function
• Market Opportunity Assessment By Equipment Type
• Indonesia Farm Equipment Top Companies Market Share
• Indonesia Farm Equipment Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Farm Equipment Company Profiles
• Indonesia Farm Equipment Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments

By Power Output

• 30 HP
• 31“70 HP
•  71130 HP
• 131250 HP
• >250 HP

By Drive Type

• Two-Wheel
•  Four-Wheel

By function Type

• Plowing & Cultivating
• Sowing & Planting
• Plant Protection & Fertilizing
• Harvesting & Threshing
• Others

By Equipment type

• Tractors
• Combines
• Sprayers
• Balers
• Others