Agriculture Equipment Market by Type (Tractors, Harvesters, Soil Preparation & Cultivation, Irrigation & Crop Processing, Agriculture Spraying Equipment, Hay & Forage Machines, and Others), Automation (Manual, Semi-Automatic, and Automatic Equipment), and Business (Original Equipment Manufacturers (OEMs), and Aftersales): Global Opportunity Analysis and Industry Forecast, 2020–2027

Update Available On-Demand

CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factor
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Value chain analysis
3.4 Porters five forces analysis

3.4.1 Availability of numerous players, results in high bargaining power of buyers
3.4.2 Number of quality raw material suppliers, decreases the bargaining power of suppliers
3.4.3 Industry giants limit the emergence of new entrants
3.4.4 Lack of viable substitute leads to low threat of substitutes
3.4.5 Well- established brands and matured market lead to intense rivalry among competitors

3.5 Market positioning, 2015
3.6 Market dynamics

3.6.1 Drivers

3.6.1.1 Mechanization of activities in agriculture
3.6.1.2 Economic stability and growing population
3.6.1.3 Precision farming

3.6.2 Restraints

3.6.2.1 Lack of information about the efficient agriculture equipment among farmers
3.6.2.2 Decreasing arable land

3.6.3 Opportunities

3.6.3.1 Government support

CHAPTER 4 WORLD AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE

4.1 Agriculture tractors

4.1.1 Key market trends
4.1.2 Key drivers and opportunities
4.1.3 Market size and forecast

4.2 Harvester

4.2.1 Key market trends
4.2.2 Key drivers and opportunities
4.2.3 Market size and forecast

4.3 Soil preparation & cultivation equipment

4.3.1 Key market trends
4.3.2 Key drivers and opportunities
4.3.3 Market size and forecast

4.4 Irrigation & crop processing equipment

4.4.1 Key market trends
4.4.2 Key drivers and opportunities
4.4.3 Market size and forecast

4.5 Agriculture spraying equipment

4.5.1 Key market trends
4.5.2 Key drivers and opportunities
4.5.3 Market size and forecast

4.6 Hay & forage equipment

4.6.1 Key market trends
4.6.2 Key drivers and opportunities
4.6.3 Market size and forecast

4.7 Other agriculture equipment

4.7.1 Key market trends
4.7.2 Key drivers and opportunities
4.7.3 Market size and forecast

CHAPTER 5 WORLD AGRICULTURE EQUIPMENT MARKET BY GEOGRAPHY

5.1 North America

5.1.1 Key market trends
5.1.2 Key drivers and opportunities
5.1.3 Market size and forecast

5.1.3.1 United States

5.1.3.1.1 Market size and forecast

5.1.3.2 Canada

5.1.3.1.2 Market size and forecast

5.1.3.3 Mexico

5.1.3.1.3 Market size and forecast

5.2 Europe

5.2.1 Key market trends
5.2.2 Key drivers and opportunities
5.2.3 Market size and forecast

5.2.3.1 France

5.2.3.1.1 Market size and forecast

5.2.3.2 Germany

5.2.3.1.2 Market size and forecast

5.2.3.3 U.K.

5.2.3.1.3 Market size and forecast

5.2.3.4 Rest of Europe

5.2.3.1.4 Market size and forecast

5.3 Asia-Pacific

5.3.1 Key market trends
5.3.2 Key drivers and opportunities
5.3.3 Market size and forecast

5.3.3.1 India

5.3.3.1.1 Market size and forecast

5.3.3.2 China

5.3.3.1.2 Market size and forecast

5.3.3.3 Japan

5.3.3.1.3 Market size and forecast

5.3.3.4 Rest of Asia-Pacific

5.3.3.1.4 Market size and forecast

5.4 LAMEA

5.4.1 Key market trends
5.4.2 Key drivers and opportunities
5.4.3 Market size and forecast

5.4.3.1 Latin America

5.4.3.1.1 Market size and forecast

5.4.3.2 Africa

5.4.3.1.2 Market size and forecast

5.4.3.3 Middle East

5.4.3.1.3 Market size and forecast

CHAPTER 6 COMPANY PROFILES

6.1 Mahindra Group

6.1.1 Company Overview
6.1.2 Operating Business Segments
6.1.3 Business Performance
6.1.4 Strategic Moves and Developments
6.1.5 SWOT Analysis of Mahindra Group

6.2 Escort Limited

6.2.1 Company overview
6.2.2 Operating Business Segments
6.2.3 Business Performance
6.2.4 Key Strategies and Developments
6.2.5 SWOT Analysis of Escort Limited

6.3 Valmont Industries, Inc.

6.3.1 Company Overview
6.3.2 Operating Business Segments
6.3.3 Business performance
6.3.4 Key Strategies and Developments
6.3.5 SWOT Analysis of Valmont Industries, Inc.

6.4 Deere & Company

6.4.1 Company overview
6.4.2 Operating Business Segments
6.4.3 Business Performance
6.4.4 Key Strategies and Developments
6.4.5 SWOT Analysis of Deere & Company

6.5 AGCO Corporation

6.5.1 Company Overview
6.5.2 Business performance
6.5.3 Key strategies and developments
6.5.4 SWOT Analysis of AGCO Corporation

6.6 Same Deutz-Fahr Group (SDF)

6.6.1 Company Overview
6.6.2 Business Performance
6.6.3 Key Strategies and Developments
6.6.4 SWOT Analysis of Same Deutz-Fahr

6.7 Agrostroj Pelhrimov A.s.

6.7.1 Company overview
6.7.2 Key strategies and developments
6.7.3 SWOT Analysis of Agrostroj Pelhrimov A.S

6.8 China National Machinery Industry Corporation (Sinomach)

6.8.1 Company Overview
6.8.2 Operating Business Segments
6.8.3 SWOT Analysis of China National Machinery Industry Corporation

6.9 Weifang Euroking Machinery

6.9.1 Company Overview
6.9.2 SWOT Analysis of Weifang Euroking Machinery

6.10 Concern Tractor Plants

6.10.1 Company Overview
6.10.2 SWOT Analysis of Concern Tractor Plants

LIST OF TABLES

TABLE 1 WORLD AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)
TABLE 2 WORLD AGRICULTURE TRACTOR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 3 WORLD AGRICULTURE TRACTOR MARKET VOLUME BY GEOGRAPHY, 2015-2022 (000 UNITS)
TABLE 4 WORLD HARVESTER MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 5 WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 6 WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 7 WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 8 WORLD HAY & FORGAE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 9 WORLD OTHER AGRICULTURE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 10 WORLD AGRICULTURE EQUIPMENT MARKET REVENUE, BY GEOGRAPHY, 20152022 ($MILLION)
TABLE 11 NORTH AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)
TABLE 12 EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)
TABLE 13 ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)
TABLE 14 LAMEA AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)
TABLE 15 MAHINDRA GROUP- COMPANY SNAPSHOT
TABLE 16 MAHINDRA GROUP - OPERATING SEGMENTS
TABLE 17 ESCORT LIMITED- COMPANY SNAPSHOT
TABLE 18 ESCORT LIMITED - OPERATING SEGMENTS
TABLE 19 VALMONT INDUSTRIES, INC. - COMPANY SNAPSHOT
TABLE 20 VALMONT INDUSTRIES, INC. - OPERATING SEGMENTS
TABLE 21 DEERE & COMPANY- COMPANY SNAPSHOT
TABLE 22 DEERE & COMPANY - OPERATING SEGMENTS
TABLE 23 AGCO CORPORATION- COMPANY SNAPSHOT
TABLE 24 SAME DEUTZ-FAHR GROUP- COMPANY SNAPSHOT
TABLE 25 AGROSTROJ PELHRIMOV A.S- COMPANY SNAPSHOT
TABLE 26 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION-COMPANY SNAPSHOT
TABLE 27 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION- OPERATING SEGMENTS
TABLE 28 WEIFANG EUROKING MACHINERY- COMPANY SNAPSHOT
TABLE 29 CONCERN TRACTOR PLANTS-COMPANY SNAPSHOT

LIST OF FIGURES

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP INVESTMENT POCKETS
FIG. 3 TOP WINNING STRATEGIES
FIG. 4 VALUE CHAIN ANALYSIS
FIG. 5 PORTERS FIVE FORCES MODEL
FIG. 6 MARKET POSITIONING, 2015
FIG. 7 AGRICULTURE EQUIPMENT GROWTH IN CAMBODIA, 2009-2012
FIG. 8 WORLD POPULATION (BILLION), 2010-2050
FIG. 9 WORLD AND REGIONAL PER CAPITA FOOD CONSUMPTION (KCAL/PERSON/DAY)
FIG. 10 PROCESS OF PRECISION FARMING
FIG. 11 WORLD AGRICULTURE EQUIPMENT MARKET BY PRODUCT TYPE, 2015 & 2022 (%SHARE)
FIG. 12 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD AGRICULTURE TRACTOR MARKET, 2015 & 2022 (%)
FIG. 13 WORLD AGRICULTURE TRACTOR MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 14 WORLD AGRICULTURE TRACTOR MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 15 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HARVESTER MARKET, 2015 & 2022 (%)
FIG. 16 WORLD HARVESTER MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 17 WORLD HARVESTER MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 18 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 19 WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 20 WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 21 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 22 WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 23 WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 24 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 25 WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 26 WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 27 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HAY AND FORAGE EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 28 WORLD HAY & FORAGE EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 29 WORLD HAY & FORAGE EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 30 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD OTHER AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 31 WORLD OTHER AGRICULTURE EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 32 WORLD OTHER AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 33 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AGRICULTURE EQUIPMENT MARKET BY GEOGRAPHY, 2015 AND 2022 (%)
FIG. 34 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF NORTH AMERICA AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 35 UNITED STATES AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 36 CANADA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 37 MEXICO AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 38 NORTH AMERICA AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)
FIG. 39 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF EUROPE AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 40 FRANCE AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 41 GERMANY AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 42 U.K. AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 43 REST OF EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 44 EUROPE AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)
FIG. 45 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 46 INDIA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 47 CHINA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 48 JAPAN AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 49 REST OF ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 50 ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)
FIG. 51 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF LAMEA AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 52 LATIN AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 53 AFRICA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 54 MIDDLE EAST AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)
FIG. 55 LAMEA AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)
FIG. 56 MAHINDRA GROUP: REVENUE, 20132015 ($MILLION)
FIG. 57 MAHINDRA GROUP: SWOT ANALYSIS
FIG. 58 ESCORT LIMITED- REVENUE, 20122015 ($MILLION)
FIG. 59 ESCORT LIMITED- REVENUE OF BY SEGMENTS (%), 2015
FIG. 60 ESCORT LIMITED- REVENUE OF BY REGION (%), 2015
FIG. 61 ESCORT LIMITED- SWOT ANALYSIS
FIG. 62 VALMONT INDUSTRIES, INC. - SWOT ANALYSIS
FIG. 63 REVENUE OF VALMONT INDUSTRIES, INC., 20132015 ($MILLION)
FIG. 64 REVENUE OF VALMONT INDUSTRIES, INC., BY REGION (%), 2015
FIG. 65 REVENUE OF VALMONT INDUSTRIES, INC., BY BUSINESS SEGMENTS (%), 2015
FIG. 66 DEERE & COMPANY- REVENUE, 20132015 ($MILLION)
FIG. 67 DEERE & COMPANY- SWOT ANALYSIS
FIG. 68 AGCO CORPORATION-REVENUE, 20132015 ($MILLION)
FIG. 69 AGCO CORPORATION- REVENUE BY REGION (%), 2015
FIG. 70 AGCO CORPORATION- SWOT ANALYSIS
FIG. 71 SAME DEUTZ-FAHR GROUP- REVENUE, 20122014 ($MILLION)
FIG. 72 SAME DEUTZ-FAHR GROUP- REVENUE OF BY PRODUCTS (%), 2014
FIG. 73 SAME DEUTZ-FAHR GROUP- REVENUE BY REGION, (%) 2014
FIG. 74 SAME DEUTZ-FAHR- SWOT ANALYSIS
FIG. 75 AGROSTROJ PELHRIMOV A.S- SWOT ANALYSIS
FIG. 76 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION- SWOT ANALYSIS
FIG. 77 WEIFANG EUROKING MACHINERY- SWOT ANALYSIS
FIG. 78 CONCERN TRACTOR PLANTS- SWOT ANALYSIS

The tractors segment possesses high growth potential in the global agriculture equipment market. This is attributed to technological developments in tractors such as implementation of hybrid technologies, deployment of comfortable cabins, advanced suspension systems, and integration of GPS technologies. 

The company CNH Industrial N.V., based in the UK, launched T8 Genesis tractor through its brand, New Holland Agriculture in September 2019. The tractor features Precision Land Management (PLM) intelligence, which is an intuitive precision farming platform. Such products drive the market growth of tractors in the agriculture equipment industry.

Moreover, technological advancements in the field of agricultural machinery have led to increased crop production. Agricultural equipment manufacturers have focused on designing and upgrading their equipment portfolios with automation and sensor technologies, which reduce the downtime of equipment, thereby offering improved operational times. In addition, key players are now producing machinery conforming to the latest emission standards to tackle the environmental challenges on farms. The development of new hybrid equipment, which can work on both fuel as well as batteries, decrease operational costs and significantly increase productivity. These efforts assist in cultivation of better crops to cater to the growing demands of food globally. 

Moreover, the agricultural sector plays a vital role in developing and underdeveloped countries, where majority population is engaged in farming activities. Thus, the economic growth of these countries is majorly dependent on the volume of crops produced, which is assisted using advanced agricultural machinery. Furthermore, governments in these nations offer incentives and loans to farmers to motivate the use of agricultural equipment, which increases the cultivation of crops. Thus, all these factors collectively are anticipated to create lucrative growth opportunities for the agriculture equipment market during the forecast period.

Region wise, Asia-Pacificis expected toaccount for the highest revenue in the global agriculture equipment market during the forecast period, followed byLAMEA, North America, and Europe.
The key players in the market have focused on product launchto strengthen their foothold in the agriculture equipment industry. For instance, in February 2020, the Fendt brand of the company AGCO Corporation launched the Momentum planter. The product is designed to assist in overcoming challenging planting conditions. In addition, it features SmartFrame technology, which can be used for vertical contour toolbar, automated, and smart & configuration capabilities. Similarly, in November 2019, the company CNH Industrial through its brand, New Holland Agriculture launched two models W170D and W190D in its wheel loader range. Both the models integrate the HI-eSCR2 technology and comply with the Stage V emission standards. The technology utilizes selective catalytic reduction on filter to offer maximum efficiency for the filter operation, and reduces emissions from the engine.