Agricultural Machinery Manufacturing

First Research, Inc.
October 13, 2014
10 Pages - SKU: FRRS5351815
Countries covered: United States

Agricultural Machinery Manufacturing

Brief Excerpt from Industry Overview Chapter:

Companies in this industry manufacture agricultural equipment and machinery, as well as commercial turf and lawn care equipment. Major companies include AGCO, Deere, Great Plains Manufacturing, and Lindsay Corporation (all based in the US), along with Claas KGaA (Germany), CNH Global (the Netherlands), Kubota (Japan), Mahindra & Mahindra (India), and Shifeng Group and YTO Group (China).

Worldwide, the agricultural machinery manufacturing industry is forecast to grow at an annual rate of 6.7 percent through 2016, to about $175 billion in revenue, according to Freedonia Group. Europe, the US, and China are the largest markets.

The US agricultural machinery manufacturing industry includes about 1,000 companies with combined annual revenue of about $38 billion.

COMPETITIVE LANDSCAPE

Demand for agricultural machinery is driven by farm income and crop production projections for the next season and can vary highly year to year. The profitability of individual companies depends on the volume of products sold, since many manufacturing costs are fixed. Big companies have large economies of scale, especially in manufacturing tractors and combines. Small companies can be successful by making specialized equipment, especially tractor attachments. The US industry is highly concentrated: the 50 largest companies generate more than 80 percent of revenue.

Imports of agricultural equipment, primarily from countries such as Germany, Canada, China, Mexico, and Japan, make up about 35 percent of the US market. Exports account for about 45 percent of US production. Major export markets include Canada, Mexico, and Australia....



More Machinery reports by First Research, Inc.

Machinery Manufacturing by First Research, Inc.
Machinery ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture various kinds of machinery used in agriculture, mining, construction, or manufacturing. Major companies include ...
Metalworking Machinery Manufacturing by First Research, Inc.
Metalworking Machinery ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture metalworking machinery, including molds, dies, cutting tools, and machining centers. Major companies include ...
Industrial Equipment Wholesalers by First Research, Inc.
Industrial Equipment WholesalersBrief Excerpt from Industry Overview Chapter:Companies in this industry distribute machinery and equipment used in manufacturing, oil and gas exploration and production, and ...
Commercial & Industrial Equipment Rental & Leasing by First Research, Inc.
Commercial & Industrial Equipment Rental & LeasingBrief Excerpt from Industry Overview Chapter:Companies in this industry rent and lease equipment to commercial and industrial entities for ...
See all reports like this >>

More United States Machinery reports

Machinery Manufacturing by First Research, Inc.
Machinery ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture various kinds of machinery used in agriculture, mining, construction, or manufacturing. Major companies include ...
Machinery for Construction, Mining and Quarrying in USA: ISIC 2924 by Euromonitor International
Machinery for Construction, Mining and Quarrying in USA: ISIC 2924Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report ...
Agricultural and Forestry Machinery in USA: ISIC 2921 by Euromonitor International
Agricultural and Forestry Machinery in USA: ISIC 2921Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a ...
Equipment Finance Market in the US 2014-2018 by TechNavio - Infiniti Research Ltd.
Equipment Finance Market in the US 2014-2018About Equipment FinanceIn the US, a large number of businesses resort to equipment financing to fund the acquisition of ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!