Farm Equipment, also known as Agricultural Equipment, involves all those machineries which aid in the production of crops and agricultural livestock. Farms require a varied range of equipment, suited for different farming scale and environments, which are used by a number of agricultural workers across different regions and are deployed across an extensive range of farm practices such as planting, irrigation, harvesting and others.
Farm Equipment Market report provides a detailed analysis on the Industry Type, By Farming Phase and By Region. Tractors, Tillage Equipment, Planting Equipment, Irrigation Equipment, Harvesting Equipment and others are the varied types of farm equipment used. Various phases involved in the farm equipment market include Land Development, Sowing and Planting, Cultivation, Harvesting & Threshing and Post Harvesting. The report comprises analysis of farm equipment market based on four regions namely: North America, Europe, APAC and RoW.
Tractor is the leading type in the global farm equipment market, followed by harvesting machines. Harvesting machinery segment is forecast to be the fastest growing in the coming years. Escalating applications of micro irrigation methods are set to propel the irrigation equipment market. Land development and harvesting & threshing are the most important phases in the usage of the farm equipment. APAC region is the most dominant market for farm equipment globally and is forecast to continue its dominance in the coming years as well.
Major players have been focussing on high growth markets such as India and China, to reap the benefits from increasing mechanization. Due to growing concern over food safety in the South-East Asian region, there has been an increasing emphasis on crop processing equipment.
Some of the significant players in global farm equipment market include:
Deere & Company (U.S.),
AGCO Corporation (U.S.),
CNH Industrial N.V. (U.K.),
Kubota Corporation (Japan)
Mahindra & Mahindra (India).
The report provides in depth demand analysis of various farm tools based on type and their usage in different farming phases. The estimates have been derived based on inputs from different secondary sources including publications of farm equipment associations, articles, expert interviews, agricultural surveys and company presentations. The report also provides volume sales of each farm tool at regional as well as country level apart from market values. To enhance the accuracy of our analysis, forecasts have been validated by considering opinions from various industry experts including manufacturers, distributors and association members.
2.1. Agricultural Land and Farm Mechanization
2.2. Evolution of Farm Equipment
2.3. Classification of Farm Equipment
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user profiling
3.2.3. Patent Analysis
3.2.4. Top 5 Financials Analysis
4.1. Market Drivers
4.1.1. New Technology to increase production
4.1.2. Increasing government subsidy on agricultural machinery
4.1.3. Increase in precision farming to drive mechanization
4.1.4. Access to easy credit for small farmers drive adoption
4.2. Market Constraints
4.2.1. Long Replacement cycle acts as a hindrance in developed regions
4.3. Market Challenges
4.3.1. Attracting small scale farms towards automated farm equipment
4.4. Attractiveness of the Agriculture Equipment Industry
4.5. Power of Suppliers
4.6. Power of Customers
4.7. Threats from New entrants
4.8. Threat of Substitution
4.9. Degree of Competition
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
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