Global Powered Agriculture Equipment Market is expected to reach US$ 128.10 Bn. by 2027 with a CAGR of 6.6%, during the forecast period.
The report has forecasted to expected fluctuations in demand of Global Powered Agriculture Equipment by year and by country, which is supposed to give good idea about the future course of movement about the Global Powered Agriculture Equipment market. The supply side by key players by region and by end user is given in volume as well as volume in the report. The report also has given the expected demand and supply gap over the period, focusing on the market opportunities for key players in Global Powered Agriculture Equipment Industry.
Competitive landscape chapter has covered the market structure by region. Market share in each country for market leader, market followers and local players has given in the report for 2021 and also the forecast of share in 2029. Every key player has been studied in the report in strategic perspective.
Global Powered Agriculture Equipment Market Scope and research methodology:
34 key economies are covered in the report from all five continent, however, that does not make the report general understanding about market but deep insight in each geographical and end user segment have made this report exclusive in the market.
Bottom up approach has been applied to collect the data, analyse, validate the same and come on conclusion for each country. Secondary and primary methods have been used to collect the data. Annual reports of each key players are referred as source however; data is purchased from diffrerent sources available in market in each country. Import-export data is purchased from each country’s tax department or relevant department. Primary respondents were selected on the need basis to validate the figures and analysis done through secondary research.
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Global Powered Agriculture Equipment Market Segmentation:
In terms of type segment, tractor segment is expected to account for largest share of the agriculture equipment market. Tractor market value was registered Bn with estimated CAGR of 0.23% in 2019 which is expected to drive the market growth. Tractors are the primary choice of almost every small and large scale farmers. Large unit of tractors are sold during 2019. High scale of sale are associated to their multifunction, like transporting product during rainy season considered as one of the big challenge, factors like this attracting the investor to invest in tractor market will boost the agriculture equipment market growth during forecast period.
Global Powered Agriculture Equipment Market Key Players:
• JCB
• Mahindra & Mahindra
• CNH Industrial
• Industry of Machinery and Tractors (IMT)
• AGCO
• John Deere
• Kubota
• Minsk Tractor Works
• Claas Group
• ARGO
• Art's Way
• Caterpillar
• Iseki & Company
• Mirrlees Blackstone
• Rostselmash
• SDF Group
• TAFE
• Alamo Group
• Escorts Group
• Same Deutz-Fahr Group
• AeroVironment, Inc.
• Parrot SA
• Abundant Robotics Inc.
• Deepfield Robotics
• Robert Bosch GmbH
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Due to the limitations of giving profiles of all the players, companies for profiling sections are chosen on different parameters like market leader, local leaders, innovative companies. Profiling section of the report covers the competitive benchmarking of key players by region. Benchmarking is done on market presence, dominance pricing, penetration in end use application, market share, recent expansions, M&A.
Even though all the players in the industry are not profiled, it is taken caret that while estimating market size not a single player in scope area is missed out of consideration. “Profiles of additional companies can be provided on request”, said Sr. Research Analyst at MMR.
Regional Analysis:
Key Questions Answered in the Global Powered Agriculture Equipment Market Report are:
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Nov 29, 2022