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

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.

Tags :

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)