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Global Farm Equipment Market: Size, Trends, Forecasts (2019-2023)

Published on: May 2019 | From USD $900 | Published By: DAEDAL RESEARCH | Number Of Pages: 81

Scope of the Report

The report entitled “Global Farm Equipment Market: Size, Trends, Forecasts (2019-2023)”, provides an in-depth analysis of the farm equipment market including detailed description of market sizing and growth. The report provides analysis of the farm equipment market by value, by products, by application and by region. The report further provides detailed products analysis and regional analysis of the global farm equipment market by value.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall farm equipment market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the farm equipment market are John Deere, AGCO Corporation, Mahindra Group (Mahindra & Mahindra Ltd.) and CNH Industrial N.V. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.

Country Coverage

APAC
Europe
North America
ROW

Company Coverage

John Deere
CNH Industrial N.V.
AGCO Corporation
Mahindra Group (Mahindra & Mahindra Ltd.)_

Executive Summary

Farming is an activity performed for cultivation of crops on field. Farming activities includes various procedures, such as preparation of soil, adding manure, irrigation of fields etc. Afterwards farmer grows cereals, vegetables, fruits etc. on the field. Farming is done in two types: large-scale commercial farming and scattered small-holder farming.

Farm equipment defined as the mechanical devices functioned for managing the farming activities. The devices include tractors, harvesters, irrigation equipment etc., which are intended to be utilized in diverse farming operations such as tillage of soil, spraying of fertilizers, harvesting of crops, irrigation system, livestock farming and many more.

Farm equipment is essential for farming practices. The agricultural sector is perceiving a change in farming pattern from traditional farming to modern or mechanized farming. Therefore, farm equipment became an essential tools that would upsurge yield and productivity of crops.

The global farm equipment market has witnessed stable growth in the past few years and is anticipated that during the forecasted period (2019-2023) the market would further propel with a poised growth rate. The market is expected to be driven by various growth augmenting factors such as rising organic farming, increasing grain production, rising demand for plant-based proteins, upsurge in government initiatives, rising GDP in emerging economies etc.

However, the global farm equipment market is not free from challenges that are impeding the fueling growth of market. Some of the eminent challenges faced by the market are changing climatic conditions and high equipment & maintenance cost.

1. Executive Summary

2. Introduction

2.1 Farming: An Overview
2.2 Farm Equipment: An Overview
2.3 Farm Equipment Segmentation: An Overview

2.3.1 Farm Equipment Segmentation on the Basis of Product
2.3.2 Farm Equipment Segmentation on the Basis of Application

2.4 Advantages and Disadvantages of Farm Equipment

3. Global Market Analysis

3.1 Global Farm Equipment Market: An Analysis

3.1.1 Global Farm Equipment Market by Value
3.1.2 Global Farm Equipment Market by Region (APAC, Europe, North America, Rest of the World)
3.1.3 Global Farm Equipment Market by Product (Farm Tractors, Harvesting machine, Tillage equipment, Planting & Fertilizing equipment, Irrigation equipment, Haying equipment and Others)
3.1.4 Global Farm Equipment Market by Application (Land Development & Seed Bed preparation, Harvesting & Threshing, Post-harvest & Agro processing, Sowing & Planting, Weed Cultivation and Plant protection)

3.2 Global Farm Equipment Market: Product Analysis

3.2.1 Global Farm Tractor Market by Value
3.2.2 Global Harvesting Machine Market by Value
3.2.3 Global Tillage Equipment Market by Value
3.2.4 Global Planting & Fertilizing Equipment Market by Value
3.2.5 Global Irrigation Equipment Market by Value
3.2.6 Global Haying Equipment Market by Value
3.2.7 Global Other Farm Equipment Market by Value

4. Regional Market Analysis

4.1 APAC Farm Equipment Market: An Analysis

4.1.1 APAC Farm Equipment Market by Value
4.1.2 APAC Farm Equipment Market by Segment
4.1.3 APAC Farm Tractors Market by Value
4.1.4 APAC Harvesters Market by Value
4.1.5 APAC Spraying Equipment Market by Value
4.1.6 APAC Haying Equipment Market by Value
4.1.7 APAC Planting & Fertilizing Equipment Market by Value
4.1.8 APAC Irrigation Equipment Market by Value
4.1.9 APAC Other Farm Equipment Market by Value

4.2 Europe Farm Equipment Market: An Analysis

4.2.1 Europe Farm Equipment Market by Value
4.2.2 Europe Farm Equipment Market by Region
4.2.3 Germany Farm Equipment Market by Value

4.3 North America Farm Equipment Market: An Analysis

4.3.1 North America Farm Equipment Market by Value
4.3.2 North America Farm Equipment by Region
4.3.3 The US Farm Equipment Market by Value

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Rising Global Population
5.1.2 Rising GDP in Emerging Economies
5.1.3 Rising Organic Farming
5.1.4 Increasing Grain Production
5.1.5 Rising Demand for Plant-based Proteins
5.1.6 Upsurge in Government Initiatives

5.2 Challenges
5.2.1 Changing Climatic Condition
5.2.2 High Equipment & Maintenance Cost

5.3 Market Trends
5.3.1 Agricultural Drone Technology
5.3.2 Autonomous Tractors
5.3.3 Autonomous and Robotics Labor

6. Competitive Landscape

6.1 Global Farm Equipment Market Players: A Financial Comparison

7. Company Profiles

7.1 John Deere
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy

7.2 AGCO Corporation
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy

7.3 Mahindra Group (Mahindra & Mahindra Ltd.)
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy

7.4 CNH Industrial N.V.
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Figures

Figure 1: Elements of a Health Care System
Figure 1: Types of Farming
Figure 2: Categorization of Farm Equipment
Figure 3: Farm Equipment Segmentation on the Basis of Product
Figure 4: Farm Equipment Segmentation on the Basis of Application
Figure 5: Advantages and Disadvantages Farm Equipment
Figure 6: Global Farm Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 7: Global Farm Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 8: Global Farm Equipment Market by Region; 2018 (Percentage, %)
Figure 9: Global Farm Equipment Market by Product; 2018 (Percentage, %)
Figure 10: Global Farm Equipment Market by Application; 2018 (Percentage, %)
Figure 11: Global Farm Tractor Market by Value; 2017-2018 (US$ Billion)
Figure 12: Global Farm Tractor Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global Harvesting Machine Market by Value; 2017-2018 (US$ Billion)
Figure 14: Global Harvesting Machine Market by Value; 2019-2023 (US$ Billion)
Figure 15: Global Tillage Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 16: Global Tillage Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 17: Global Planting & Fertilizing Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 18: Global Planting & Fertilizing Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 19: Global Irrigation Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 20: Global Irrigation Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 21: Global Haying Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 22: Global Haying Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 23: Global Other Farm Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 24: Global Other Farm Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 25: APAC Farm Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 26: APAC Farm Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 27: APAC Farm Equipment Market by Segment; 2018 (Percentage, %)
Figure 28: APAC Farm Tractors Market by Value; 2017-2018 (US$ Billion)
Figure 29: APAC Farm Tractors Market by Value; 2019-2023 (US$ Billion)
Figure 30: APAC Harvesters Market by Value; 2017-2018 (US$ Billion)
Figure 31: APAC Harvesters Market by Value; 2019-2023 (US$ Billion)
Figure 32: APAC Spraying Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 33: APAC Spraying Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 34: APAC Haying Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 35: APAC Haying Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 36: APAC Planting & Fertilizing Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 37: APAC Planting & Fertilizing Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 38: APAC Irrigation Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 39: APAC Irrigation Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 40: APAC Other Farm Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 41: APAC Other Farm Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 42: Europe Farm Equipment Market by Value; 2016 -2018 (US$ Billion)
Figure 43: Europe Farm Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 44: Europe Farm Equipment Market by Region; 2018 (Percentage, %)
Figure 45: Germany Farm Equipment Market by Value; 2017-2023 (US$ Billion)
Figure 46: North America Farm Equipment Market by Value; 2016-2018 (US$ Billion)
Figure 47: North America Farm Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 48: North America Farm Equipment by Region; 2018 (Percentage, %)
Figure 49: The US Farm Equipment Market by Value; 2017-2023 (US$ Billion)
Figure 50: Global Population; 2015-2018 (Billion)
Figure 51: Developed and Developing Economies GDP Growth Rate; 2017-2019 (Percentage, %)
Figure 52: Global Organic Agricultural Farmlands; 2015-2019 (Million Hectares)
Figure 53: Global Grain Production; 2014-2018 (Million Tonnes)
Figure 54: Global Demand for Plant-based Proteins; 2000-2030 (Million Tonnes)
Figure 55: Global Plant-based Food Market; 2018-2023 (US$ Billion)
Figure 56: Global Natural Disasters; 2013-2017 (Number of Disasters)
Figure 57: John Deere Net Sales; 2014-2018 (US$ Billion)
Figure 58: John Deere Net Sales by Segment; 2018
Figure 59: John Deere Net Sales by Region; 2018
Figure 60: AGCO Corporation Net Sales; 2014-2018 (US$ Billion)
Figure 61: AGCO Corporation Net Sales by Region; 2018
Figure 62: Mahindra Group (Mahindra & Mahindra Ltd.) Net Sales; 2014-2018 (US$ Billion)
Figure 63: Mahindra Group (Mahindra & Mahindra Ltd.) Net Sales by Segment; 2018
Figure 64: Mahindra Group (Mahindra & Mahindra Ltd.) Net Sales by Region; 2018
Figure 65: CNH Industrial N.V. Total Revenue; 2014-2018 (US$ Billion)
Figure 66: CNH Industrial N.V. Total Revenue by Segment; 2018
Figure 67: CNH Industrial N.V. Total Revenue by Region; 2018
Table 1: Global Farm Equipment Market Players: A Financial Comparison; 2018 (US$ Billion)

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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