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: ETC000975 | Publication Date: Dec 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Japan Agriculture Equipment market currently, in 2023, has witnessed an HHI of 795, Which has decreased slightly as compared to the HHI of 1564 in 2017. The market is moving towards highly 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.
Japan 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.
Japan is a land renowned for its awe-inspiring technological advances, with some of the most innovative products and equipment in the world. When it comes to agriculture, Japan's fertile lands have been producing fresh produce for centuries, and with the aid of modern agricultural technology, the country has become one of the largest exporters of food products.
According to 6Wresearch, the Japan Agriculture Equipment Market size is expected to grow at a CAGR of 4.8%. during the forecast period 2024-2030. The increased demand for food has been a major driver of growth for the Agriculture Equipment Market in Japan. With the country's population continuously on the rise, and exports to other countries increasing, farmers have been pushed to produce more to meet demands. The rapid technological advancements in agriculture have also played a significant role in the growth of the market. The use of automated equipment, smart sensors, and GPS tracking systems have given farmers greater control and efficiency in their farming operations. Despite the growth prospects, market faces several challenges such as the high purchase and maintenance costs of the equipment.
The need for high-end technology and innovation has made the equipment expensive, which has created barriers to entry for small-scale farmers. Also, with an aging population, there is a shortage of young and skilled farmers, which affects the Japan Agriculture Equipment Market growth. However, some trends are driving the growth due to an increase in the demand for precision farming equipment, which allows farmers to use the right number of inputs like seeds, water, and fertilizers to maximize yields while protecting the environment. With climate change posing a potential threat to agriculture, there has also been a strong trend towards the use of sustainable agriculture practices, with the government promoting eco-friendly farming methods.
The government has been implementing policies aimed at promoting the growth of the agriculture sector in Japan. The government has supported the development of innovative agricultural technologies by creating research and development centers, providing farmers with subsidies, and promoting sustainable farming practices. Also, the government has introduced policies to tackle the issue of an aging population by encouraging young people to take up farming. These are supporting the growth of the Japan Agriculture Equipment industry.
Some of the significant players in the Japanese Agriculture Equipment Market include Hitachi Limited, Komatsu Limited, Kubota Corporation, Mitsubishi Heavy Industries Limited, and Toyotomi Co. Ltd. These companies have been investing in research and development to come up with innovative solutions and equipment for farming.
According to Dhaval, Research Manager, 6Wresearch, the power tillers are becoming increasingly popular in Japan's agricultural industry owing to their versatility, efficiency, government incentives, and increased farming efficiency.
The report offers a comprehensive study of the subsequent 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. Japan Agriculture Equipment Market Overview |
3.1. Japan Agriculture Equipment Market Revenues and Volume, 2020-2030F |
3.2. Japan Agriculture Equipment Market Industry Life Cycle, |
3.3. Japan Agriculture Equipment Market Porter’s Five Forces |
3.4. Japan Agriculture Equipment Market Revenue and Volume Share, By Products, 2023 & 2030F |
4. Japan Agriculture Equipment Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5 Japan Tractor Market Trends |
5 Japan Agriculture Equipment Market, By Products |
5.1 Japan Agriculture Equipment Market, By Tractors |
5.2. Japan Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
5.3. Japan Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
5.4. Japan Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
5.5. Japan Agriculture Equipment Market Revenues & Volume, By 130.1 HP- 200 HP, 2020-2030F |
6. Japan Agriculture Equipment Market, By Harvesters |
6.1. Japan Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
6.2. Japan Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
6.3. Japan Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
6.4. Japan Agriculture Equipment Market Revenues & Volume, By 130.1 HP- 200 HP, 2020-2030F |
7. Japan Agriculture Equipment Market, By Threshers |
7.1. Japan Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
7.2. Japan Agriculture Equipment Market Revenue & Volume, By 30.1 HP- 70 HP, 2020-2030F |
8. Japan Agriculture Equipment Market, By Pumps |
8.1. Japan Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
8.2. Japan Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
8.3. Japan Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
8.4. Japan Agriculture Equipment Market Revenues & Volume, By 130.1 HP- 200 HP, 2020-2030F |
8.5. Japan Agriculture Equipment Market Revenues & Volume, By Above 200 HP, 2020-2030F |
9. Japan Agriculture Equipment Market, By Power Tillers |
9.1. Japan Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
9.2. Japan Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
10. Japan Agriculture Equipment Market, By Rotavators |
10.1. Japan Agriculture Equipment Market Revenues & Volume, By Up To 30 HP, 2020-2030F |
10.2. Japan Agriculture Equipment Market Revenues & Volume, By 30.1 HP- 70 HP, 2020-2030F |
10.3. Japan Agriculture Equipment Market Revenues & Volume, By 70.1 HP- 130 HP, 2020-2030F |
10.4. Japan Agriculture Equipment Market Revenues & Volume, By Other Agriculture Equipment, 2020-2030F |
11 Japan Agriculture Equipment Market Import-Export Trade Statistics |
11.1 Japan Agriculture Equipment Market Export to Major Countries |
11.2 Japan Agriculture Equipment Market Imports from Major Countries |
11.3 Japan Agriculture Equipment Market Key Performance Indicators |
13. Japan Agriculture Equipment Market Opportunity Assessment |
13.1. Japan Agriculture Equipments Market, Opportunity Assessment, By Products, 2030 |
14. Japan Agriculture Equipment Market Competitive Landscape |
14.1. Japan 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: ETC000975 | Publication Date: Mar 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Japan Agriculture Equipment Market is projected to grow over the coming years. Japan Agriculture Equipment Market report is a part of our periodical regional publication Asia Pacific Agriculture Equipment Market outlook report. 6W tracks Agriculture Equipment Market for over 60 countries with individual country-wise market opportunity assessment and publishes the market with the report titled Global Agriculture Equipment Market outlook report annually.
Japan Agriculture Equipment Market report thoroughly covers market by Products type and HP range. The market 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.
Japan Agriculture Equipment Market Synopsis
Japan Agriculture Equipment Market is expected to gain momentum during the upcoming years owing to the rising disposable income. The increasing standard of living backed by adoption of modern methods of farming is driving the Japan Agriculture Equipment Market Growth. Additionally, increasing awareness among farmers regarding the benefits of agriculture equipment is driving the Japan Agriculture Equipment Market Share. The rising efforts by the government to develop the infrastructure of the agriculture sector triggers the potential growth of the market.
According to 6Wresearch, Japan Agriculture Equipment Market size is projected to register growth during 2021-2027. Rising shortage of farm labour in the country owing to the global health emergency backed by increasing cost associated with it drives the growth of the market. Additionally, the scarcity of skilled labour backed by rising pressure on land to increase the productivity owing to upsurging population is driving the development of the Japan Agriculture Equipment market. However, the outbreak of the global COVID-19 pandemic led to the decline in the growth of market owing to the disrupting in supply chain of agriculture equipment.
Market Analysis by Product
Based on product, the tractor segment occupied the significant share in overall Japan Agriculture Equipment Market Revenue on account of increasing agriculture mechanization.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
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: ETC000975 | Publication Date: Sep 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Japan is the third-largest economy and a highly industrialized country in the world. The agriculture sector contributes only 1.4% to the country’s GDP and as low as 12% of the land is suited for agriculture in the country. Being a highly industrialized country, Japan’s agriculture equipment industry is also quite developed. However, to fully utilize the limited arable land, the Japan agriculture equipment market is expected to witness a surge during the forecast period.
According to 6Wresearch, Japan Agriculture Equipment Market size is projected to grow at a CAGR of 3.6% during 2019-25. The market saw a downward trend until 2018 due to heavy floods that adversely affected the agriculture sector across various regions in the country. Due to these floods, the agriculture output got deteriorated, farmers did not get a good price for their crops, as a result, farmer’s income fell and their purchasing power went down during 2015-2018.
However, the market is projected to grow at a slower pace from 2020 onwards since the farming population is aging continuously in the country and the dependence on farm machines is expected to increase rapidly.
Amongst all the products, tractors acquired the highest volume share in the overall Japan 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 total volume of tractors in Japan owing to decreasing farm size in the country and increasing government support to small farmers over large farmers. Power tiller is the second-largest volume contributor to the Japan agriculture equipment market.
The Japan agriculture equipment market report thoroughly covers the market by product types and by HP range. Japan agriculture equipment market outlook report provides an unbiased and detailed analysis of the on-going Japan 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. Japan agriculture equipment is quite developed as compared to another country. In the past year, Japan also facing difficulty in agriculture farmland. For Japan substituting farm labor and mechanization of agriculture is important for agriculture. Rice is the major crop in Japan. Japan agriculture is increased through urban areas. Due to these urban areas demanding for more agriculture.
Key Highlights of the Report:
Japan Agriculture Equipment Market Report Covered:
The report provides a detailed analysis of the following market segments: