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Agriculture Equipment Market worth $201.03 Billion by 2019
The report, “Agriculture Equipment Market by Region & Propulsion (Self-propelled & Implements); Self-propelled Equipment Market, by Type; Implements Market, by Function (Harvesting, Planting & Fertilizing, Haying, and Plowing & Cultivating) - Forecast to 2019”, classifies and defines the agriculture equipment market in terms of value. The report highlights the potential growth opportunities for the agriculture equipment market in the coming years, and also covers the review of the drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to the agriculture equipment market.
Browse 81 market data tables and 31 figures spread through 220 pages and in-depth TOC on "Agriculture Equipment Market by Region & Propulsion (Self-propelled & Implements); Self-propelled Equipment Market, by Type; Implements Market, by Function (Harvesting, Planting & Fertilizing, Haying, and Plowing & Cultivating) - Forecast to 2019"
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Asia-Oceania: Largest and Fastest-growing Market
The Asia-Oceania region includes countries such as China, Japan, South Korea, and India. This region is estimated to be the largest market for agriculture equipment. It is projected that 50.8% of the agricultural equipment market will be accounted for by the Asia-Oceania region by 2019. It is also projected that the key contributors to this are to be India and China. The rising mechanization of farming equipment and increasing population are the factors propelling the growth for agriculture equipment in this region. OEMs such as Iseki & Co., Ltd. (Japan), J.C. Bamford Excavators Limited (U.K.), Kubota Corporation (Japan), and Mahindra & Mahindra Limited (India) are some of the key players involved in the market.
The report analyzes the agriculture equipment market in terms of value. The market size, from 2012 to 2019, is provided in terms of USD billion ($billion). The agriculture equipment market is broadly classified by region (Asia-Oceania, Europe, North America, and RoW), focusing on the key countries in each region; and by propulsion type (self-propelled & implements), where self-propelled equipment are segmented by type (tractor, combines), and implements by (Harvesting equipment, Planting & fertilizing equipment, Haying equipment, Plowing & cultivating equipment).
The report also provides qualitative and quantitative insights on the market. The key players in the global market have also been identified and profiled. The few identified key players are AGCO Corp. (U.S.), CNH Industrial N.V. (U.K.), Iseki & Co., Ltd. (Japan), J.C. Bamford Excavators Limited (U.K.), Kubota Corporation (Japan), Mahindra & Mahindra Limited (India) and Deere & Company (U.S.).
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