Market Forecast By Power Output (<30 HP, 3170 HP, 71130 HP, 131250 HP, >250 HP), By Drive Type (Two-wheel, Four-wheel), By Function (Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, Others), By Equipment Type (Tractors, Combines, Sprayers, Balers, Others) And Competitive Landscape
Product Code: ETC324580 | Publication Date: Aug 2022 | Updated Date: May 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In the year 2021, the Netherlands was the largest exporter in terms of value, followed by China. It has registered a growth of 143.65% over the previous year. While China registered a growth of 33.27% as compared to the previous year. In the year 2017, Germany was the largest exporter followed by China. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, UAE has a Herfindahl index of 2350 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 3336 which signifies high concentration in the market.
Topics Covered in United Arab Emirates (UAE) Farm Equipment Market Report
United Arab Emirates (UAE) Farm Equipment Market report thoroughly covers the market by power output, drive type, function and equipment type. The 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.
United Arab Emirates (UAE) Farm Equipment Market is expected to grow in the forecast year. The development of the market can be attributed to rising focus on the food security and self-sufficiency. The growth in the population is also leading to urgent need for production of food in the country. The favourable policies by the government are also fuelling the growth of the market.
According to 6Wresearch, United Arab Emirates (UAE) Farm Equipment Market size is estimated to grow during 2023-2029. Various factors majorly contribute to the growth of the market. The rise in demand for food is one of the key drivers in the expansion of the market. The demand for various farm equipment is increasing due to the rise in agricultural activities. The government is also taking various initiatives to enhance productivity in the agriculture sector. The government is focusing immensely on the promotion of sustainable practices of agriculture and encouraging farmers to invest in modern planting and harvesting machinery to increase crop yield. The advancement in technology is playing a crucial role in the development of the United Arab Emirates (UAE) Farm Equipment Industry. Censors and GPS Systems are becoming popular which is helping farmers to maximise crop production. There are certain challenges present in the market. The unavailability of skilled labours and the high price of equipment are restraining the growth of the market. The government of the country needs to invest heavily in research and development activities to increase efficiency. The scarcity of water and climate change is negatively affecting the market.
The agriculture industry of the country was significantly impacted by the COVID-19 pandemic and it led to a decrease in United Arab Emirates (UAE) Farm Equipment Market Growth. The farmers faced various challenges as they struggled to maintain operations and keep up with the demand of the consumers. The pandemic led to interruptions in supply chain disruptions, labour shortages and the import of raw materials. The sales of Farm equipment were heavily impacted by the crisis as the farmers were reluctant to invest in the new machinery. The manufacturers and suppliers found it challenging to provide timely deliveries to the manufacturers and suppliers. Some sectors of the market also witnessed a surge in demand due to behavioural changes of the consumers. The sale of small and medium-scale farming tools saw an increase on the account of increase in popularity of the home gardening. The Market is an integral part of the Asia Pacific Farm Equipment Market and these factors have negatively affected the market during the uncertain times of pandemic.
These are the key players in the market who are contributing immensely to the growth of the market by providing the latest and most effective equipment to the farmers for their specific needs, leading to an increase in United Arab Emirates (UAE) Farm Equipment Market Share.
According to Ravi Bhandari, Research Head, 6Wresearch on the basis of drive type, the market is segmented into Two-Wheel and Four-Wheel. Both segments are expected to dominate the market. Two-wheel drives are expected to dominate the market due to their affordability.
On the basis of function type, the Farm Equipment Market In United Arab Emirates (UAE) is segmented into Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, Others. Plowing & Cultivating is anticipated to dominate the market on the account of its use in various operations of planting and seeding.
Based on Equipment Type, the market is segmented into tractors, Combines, Sprayers, Balers, and Others. The tractor segment is likely to dominate the market due to its extensive use in ploughing and harvesting of crop.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Farm Equipment Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, 2021 & 2028F |
3.3 United Arab Emirates (UAE) Farm Equipment Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Farm Equipment Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume Share, By Power Output, 2021 & 2028F |
3.6 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume Share, By Drive Type, 2021 & 2028F |
3.7 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume Share, By Function, 2021 & 2028F |
3.8 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2028F |
4 United Arab Emirates (UAE) Farm Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Farm Equipment Market Trends |
6 United Arab Emirates (UAE) Farm Equipment Market, By Types |
6.1 United Arab Emirates (UAE) Farm Equipment Market, By Power Output |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Power Output, 2018 - 2028F |
6.1.3 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By <30 HP, 2018 - 2028F |
6.1.4 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By 31â??70 HP, 2018 - 2028F |
6.1.5 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By 71â??130 HP, 2018 - 2028F |
6.1.6 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By 131â??250 HP, 2018 - 2028F |
6.1.7 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By >250 HP, 2018 - 2028F |
6.2 United Arab Emirates (UAE) Farm Equipment Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Two-wheel, 2018 - 2028F |
6.2.3 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Four-wheel, 2018 - 2028F |
6.3 United Arab Emirates (UAE) Farm Equipment Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Plowing & Cultivating, 2018 - 2028F |
6.3.3 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Sowing & Planting, 2018 - 2028F |
6.3.4 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Plant Protection & Fertilizing, 2018 - 2028F |
6.3.5 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Harvesting & Threshing, 2018 - 2028F |
6.3.6 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Others, 2018 - 2028F |
6.4 United Arab Emirates (UAE) Farm Equipment Market, By Equipment Type |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Tractors, 2018 - 2028F |
6.4.3 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Combines, 2018 - 2028F |
6.4.4 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Sprayers, 2018 - 2028F |
6.4.5 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Balers, 2018 - 2028F |
6.4.6 United Arab Emirates (UAE) Farm Equipment Market Revenues & Volume, By Others, 2018 - 2028F |
7 United Arab Emirates (UAE) Farm Equipment Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Farm Equipment Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Farm Equipment Market Imports from Major Countries |
8 United Arab Emirates (UAE) Farm Equipment Market Key Performance Indicators |
9 United Arab Emirates (UAE) Farm Equipment Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Farm Equipment Market Opportunity Assessment, By Power Output, 2021 & 2028F |
9.2 United Arab Emirates (UAE) Farm Equipment Market Opportunity Assessment, By Drive Type, 2021 & 2028F |
9.3 United Arab Emirates (UAE) Farm Equipment Market Opportunity Assessment, By Function, 2021 & 2028F |
9.4 United Arab Emirates (UAE) Farm Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2028F |
10 United Arab Emirates (UAE) Farm Equipment Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Farm Equipment Market Revenue Share, By Companies, 2021 |
10.2 United Arab Emirates (UAE) Farm Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |