Global Farm Equipments / Machinery Market, by Type, by Application, and by Geography: Trends and forecasts (2011-2016)
Global Agriculture equipment market is growing at faster rate all over the world, especially due to mechanization of farm sectors in developing counties. Government pushes for farm mechanization with subsidies are driving this market. Europe is largest market for Agricultural equipments followed by North America and Asia. India and China are fastest growing countries due to government push in form of subsidies for Agriculture equipment market in Asia. Farm equipments or agricultural equipments are basically machineries and equipments which provides ease in the agricultural operations and ultimately to increase the yield and quality of crops. Agriculture equipment market is segmented as Tractors, Harvesters, Seeders, Ploughs, Threshing machine etc. Farm tractors are largest and fastest growing market segment. Global agriculture machinery market is controlled by three major players AGCO, John Deere and CNH Global.
Agriculture modernization, Government support and developing economies are major drivers for farm equipments market. The report covers the following: Executive Summary, country-wise farm equipments facts, Key drivers, constraints and opportunities, value chain analysis and industry Outlook. Information contained in the report includes market sizes, revenue forecasts, new product trends, industry cost structure. Competitive information includes market shares of leading producers, distribution channels and profiles of leading companies. It also breaks Agriculture equipment market by: type, geography, industry applications. The report segments by geography such as North America, Europe, Asia-Pacific and rest of world. Annual forecasts are provided for each region for the period of 2011 through 2016.