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Global Powered Agriculture Equipment Market: Focus on Equipment (Tractors, Combine Harvesters, Sprayers, and Planters) and Next Generation Agriculture Equipment - Analysis and Forecast 2018-2023

Global Powered Agriculture Equipment Market: Focus on Equipment (Tractors, Combine Harvesters, Sprayers, and Planters) and Next Generation Agriculture Equipment - Analysis and Forecast 2018-2023

The global agricultural industry has witnessed a massive transformation owing to the increasing demand for efficient powered agriculture equipment. Rising world population and the subsequent rise in global food demand along with the shrinkage of agricultural workforce have resulted in growing concerns to enhance farm yield and increase the demand for farm mechanization across the world. With the rapid implementation of powered agriculture equipment, farmers are able to enhance productivity by increasing inputs and efficiently manage their farm enterprises. The advent of innovative equipment has resulted in reduced energy consumption and overall cost-effective operations owing to their more precise and resource-efficient approach. As a result, the powered agriculture equipment industry is anticipated to progress due to the ever-growing affinity for more convenient and smart farming solutions than the traditional methods.

The market research study offers a wide perspective of the different types of powered agriculture equipment and analyses its impact on the agriculture sector by providing critical insights into the direction of its future expansion. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.

The report answers the following questions about the global powered agriculture equipment market:

  • What is the global powered agriculture equipment market size in terms of value along with the unit sales during the period 2017-2023?
  • What is the revenue generated and volume sales by the different types of powered agriculture equipment such as tractors, harvesters, planters, and sprayers?
  • What are the volume sales of different tractors on the basis of power output?
  • What are the major next generation agriculture equipment expected to witness positive growth in the next five years?
  • What is the anticipated market size for different regions based on various equipment in the forecast period?
  • What are the key trends and opportunities in the market pertaining to countries included in different geographical regions?
  • How attractive is the powered agriculture equipment market for different stakeholders present in the farming industry by analyzing the complete supply chain?
  • What are the major driving forces that are expected to increase the demand for powered agriculture solutions during the forecast period?
  • What are the major challenges inhibiting the growth of the global precision agriculture market?
  • What kind of new strategies are being adopted by the existing market players to expand their market position in the industry?
  • What is the competitive strength of the key players in the powered agriculture equipment market , through the analysis their recent developments, product offerings, and regional presence?
The report further includes a thorough analysis of the impact of the five major forces to understand the overall attractiveness of the industry. The report also focuses on the key developments and investments made in the powered agriculture equipment market by the players and government.

Moreover, the report consists of a comprehensive analysis of powered agriculture equipment market for different geographical regions. The powered agriculture equipment market holds a prominent share in various countries of the Americas, Europe, Asia-Pacific (APAC) and Rest-of-the-World (RoW). The report also provides a country-based analysis for all the leading countries in every region, including the U.S, Canada, Germany, the U.K, France, Italy, Russia, China, Japan, Australia, New Zealand, India, South Korea, and Brazil. Each geographical region analysis details individual driving and restraining forces acting in the market in addition to the key players from that particular region. The key players identified in the market are AGCO Corporation, CLAAS Group, CNH Industrial N.V., Deere & Company, Escorts Group, ISEKI Co. Ltd., Kubota Corporation, Mahindra & Mahindra, SDF Group, and Kinze Manufacturing Inc.

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Executive Summary
1 Market Dynamics
1.1 Market Drivers
1.1.1 Rising Demand for Farm Mechanization
1.1.2 Cost – Effective Farming Solutions
1.1.3 Favorable Government Initiatives
1.2 Market Restraints
1.2.1 High Initial Investment
1.2.2 Lack of Infrastructure in Emerging Economies
1.3 Market Opportunities
1.3.1 Increasing Growth Opportunities in the Developing Countries
1.3.2 Advent of Artificial Intelligence and Machine Learning Solutions
1.3.3 Integration of Telematics and GPS Technology
2 Competitive Landscape
2.1 Key Market Developments and Strategies
2.1.1 New Product Launches and Developments
2.1.2 Business Expansions and Contracts
2.1.3 Partnerships, Collaborations and Joint Ventures
2.1.4 Mergers and Acquisitions
2.1.5 Others (Awards and Recognition)
2.2 Market Share Analysis
3 Industry Analysis
3.1 Impact of Precision Agriculture
3.2 Consortiums in Agricultural Equipment Market
3.3 Supply Chain Analysis
3.4 Upcoming Trends
3.4.1 Big Data Analytics
3.4.2 3D Printing
3.4.3 Advent of Specialty Tractors
3.4.4 Multi Hybrid Seed Planter
3.5 Industry Attractiveness
3.5.1 Threat of New Entrants
3.5.2 Bargaining Power of Buyers
3.5.3 Bargaining Power of Suppliers
3.5.4 Threat from Substitutes
3.5.5 Intensity of Competitive Rivalry
4 Global Next Generation Powered Agriculture Equipment Market
4.1 Assumptions for Analysis and Forecast of the Global Next Generation Powered Agriculture Equipment Market
4.2 Limitations for Analysis and Forecast of the Global Next Generation Powered Agriculture Equipment Market
4.3 Market Overview
4.4 Agricultural Unmanned Aerial Vehicles/Drones
4.4.1 Agricultural Unmanned Aerial Vehicles/Drones Market (by Value)
4.5 Harvesting & Picking Robots
4.5.1 Harvesting and Picking Robots Market (by Value)
4.6 Driverless Tractors
4.7 Others
5 Global Powered Agriculture Equipment Market, (by Type)
5.1 Assumptions for Analysis and Forecast of the Global Powered Agriculture Equipment Market
5.2 Limitations for Analysis and Forecast of the Global Powered Agriculture Equipment Market
5.3 Market Overview
5.4 Tractors
5.5 Combine Harvesters
5.6 Other Harvester
5.7 Planters
5.8 Sprayers
6 Global Powered Agriculture Equipment Market (by Region)
6.1 Asia-Pacific
6.1.1 Asia-Pacific (by Equipment Type)
6.1.2 Asia-Pacific (by Country)
6.1.2.1 China
6.1.2.2 India
6.1.2.3 Japan
6.1.2.4 Australia, New Zealand (ANZ)
6.1.2.5 South Korea
6.2 The Americas
6.2.1 The Americas (by Equipment Type)
6.2.2 The Americas (by Country)
6.2.2.1 The U.S.
6.2.2.2 Canada
6.2.2.3 Brazil
6.3 Europe
6.3.1 Europe (by Equipment Type)
6.3.2 Europe (by Country)
6.3.2.1 Germany
6.3.2.2 The U.K.
6.3.2.3 France
6.3.2.4 Italy
6.3.2.5 Russia
6.4 Rest-of-the-World (RoW)
6.4.1 RoW (by Country)
6.4.1.1 Middle East
6.4.1.2 Africa
7 Company Profiles
Companies in Powered Agriculture Equipment
7.1 AGCO Corporation
7.1.1 Company Overview
7.1.2 Product Portfolio
7.1.3 Financials
7.1.3.1 Financial Summary
7.1.4 SWOT ANALYSIS
7.2 CLAAS Group
7.2.1 Company Overview
7.2.2 Product Portfolio
7.2.3 Financials
7.2.3.1 Financial Summary
7.2.4 SWOT ANALYSIS
7.3 CNH Industrial
7.3.1 Company Overview
7.3.2 Product Portfolio
7.3.3 Financials
7.3.3.1 Financial Summary
7.3.4 SWOT ANALYSIS
7.4 Deere & Company
7.4.1 Company Overview
7.4.2 Product Portfolio
7.4.3 Financials
7.4.3.1 Financial Summary
7.4.4 SWOT ANALYSIS
7.5 Escorts Limited
7.5.1 Company Overview
7.5.2 Product Portfolio
7.5.3 Financials
7.5.3.1 Financial Summary
7.5.4 SWOT ANALYSIS
7.6 ISEKI & Co. Ltd.
7.6.1 Company Overview
7.6.2 Product Portfolio
7.6.3 Financials
7.6.3.1 Financial Summary
7.6.4 SWOT ANALYSIS
7.7 Kinze Manufacturing
7.7.1 Company Overview
7.7.2 Product Portfolio
7.7.3 Corporate Summary
7.7.4 SWOT ANALYSIS
7.8 Kubota Corporation
7.8.1 Company Overview
7.8.2 Product Portfolio
7.8.3 Financials
7.8.3.1 Financial Summary
7.8.4 SWOT ANALYSIS
7.9 Mahindra & Mahindra (M&M)
7.9.1 Company Overview
7.9.2 Product Portfolio
7.9.3 Financials
7.9.3.1 Financial Summary
7.9.4 SWOT ANALYSIS
7.10 SDF Group
7.10.1 Company Overview
7.10.2 Product Portfolio
7.10.3 Financials
7.10.3.1 Financial Summary
7.10.4 SWOT ANALYSIS
7.11 The Toro Company
7.11.1 Company Overview
7.11.2 Product Portfolio
7.11.3 Financials
7.11.3.1 Financial Summary
7.11.4 SWOT ANALYSIS
7.12 Tirth Agro Technology Private Limited
7.12.1 Company Overview
7.12.2 Product Portfolio
7.12.3 Corporate Summary
7.12.4 SWOT ANALYSIS
7.13 Tractors and Farm Equipment Ltd.
7.13.1 Company Overview
7.13.2 Product Portfolio
7.13.3 Corporate Summary
7.13.4 SWOT ANALYSIS
7.14 Yanmar Co. Ltd.
7.14.1 Company Overview
7.14.2 Product Portfolio
7.14.3 Financials
7.14.3.1 Financial Summary
7.14.4 SWOT ANALYSIS
7.15 Zetor Tractors a.s.
7.15.1 Company Overview
7.15.2 Product Portfolio
7.15.3 Corporate Summary
7.15.4 SWOT ANALYSIS
Companies in Next Generation Agriculture Equipment Market
7.16 3D Robotics
7.16.1 Company Overview
7.16.2 Product Portfolio
7.16.3 Corporate Summary
7.16.4 SWOT Analysis
7.17 Abundant Robotics Inc
7.17.1 Company Overview
7.17.2 Product Portfolio
7.17.3 Corporate Summary
7.17.4 SWOT Analysis
7.18 AgEagle Aerial Systems, Inc.
7.18.1 Company Overview
7.18.2 Product Portfolio
7.18.3 Corporate Summary
7.18.4 SWOT Analysis
7.19 ecoRobotix Ltd.
7.19.1 Company Overview
7.19.2 Product Portfolio
7.19.3 Corporate Summary
7.19.4 SWOT Analysis
7.20 Harvest Croo Robotics
7.20.1 Company Overview
7.20.2 Product Portfolio
7.20.3 Corporate Summary
7.20.4 SWOT Analysis
7.21 Iron Ox
7.21.1 Company Overview
7.21.2 Product Portfolio
7.21.3 Corporate Summary
7.21.4 SWOT Analysis
7.22 Parrot SA
7.22.1 Company Overview
7.22.2 Product Portfolio
7.22.3 Financials
7.22.3.1 Financial Summary
7.22.4 SWOT Analysis
8 Report Scope and Methodology
8.1 Report Scope
8.2 Global Powered Agriculture Equipment Market Segmentation
8.3 Global Powered Agriculture Equipment Market Research Methodology
8.3.1 Assumptions
8.3.2 Limitations
8.3.3 Primary Data Sources
8.3.4 Secondary Data Sources
8.3.5 Data Triangulation
8.3.6 Market Estimation and Forecast
List of Tables
Table 1: Global Powered Agriculture Equipment Market (by Equipment Type), 2017-2023, (Units)
Table 1.1: Impact Analysis of Drivers
Table 1.2 Initiatives by Governments of Various Countries to Promote Farming
Table 1.3: Impact Analysis of Restraints
Table 3.1: Key Consortiums in Powered Agriculture Equipment Industry
Table 3.2: Specialty Tractors by Leading Players in Powered Agriculture Equipment Market
Table 3.3: Analyzing Threat of New Entrants
Table 3.4: Analyzing Bargaining Power of Buyers
Table 3.5: Analyzing Bargaining Power of Suppliers
Table 3.6: Analyzing the Threat from Substitutes
Table 3.7: Analyzing the Intensity of Competitive Rivalry
Table 4.1: Agricultural UAVs/Drones by Leading Companies
Table 4.2: Harvesting Robots by Leading Companies
Table 4.3: Driverless Tractors by Leading Companies
Table 4.4: Other Next Generation Equipment by Leading Companies
Table 5.1: Global Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 5.2: Global Powered Agriculture Equipment Market (by Equipment Type), $Billion, 2017-2023
Table 5.3: Global Tractor Market (by Power Output), Units, 2017-2023
Table 5.4: Key Recent Developments in the Tractors Market
Table 5.5: Key Recent Developments in the Combines Market
Table 5.6: Key Recent Developments in the Other Harvester Market
Table 5.7: Key Recent Developments in the Planters Market
Table 6.1: Regional Powered Agriculture Equipment Market, Units, 2017-2023
Table 6.2: Regional Powered Agriculture Equipment Market, $Billion, 2017-2023
Table 6.3: Asia-Pacific Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.4: Asia-Pacific Powered Agriculture Equipment Market (by Country), Units, 2017-2023
Table 6.5: China Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.6: Price & Subsidy of Agriculture Equipment in India
Table 6.7: India Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.8: Japan Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.9: ANZ Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.10: South Korea Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.11: Americas Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.12: Americas Powered Agriculture Equipment Market (by Country), Units, 2017-2023
Table 6.13: U.S. Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.14: Canada Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.15: Brazil Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.16: Europe Powered Agriculture Equipment Market (by Equipment Type), 2017-2023, (Units)
Table 6.17: Europe Powered Agriculture Equipment Market (by Country), Units, 2017-2023
Table 6.18: Germany Powered Agriculture Equipment Market (by Equipment Type), 2017-2023, (Units)
Table 6.19: The U.K. Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.20: France Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.21: Italy Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.22: Russia Tractor Market (by Power Output), Units, 2017-2023
Table 6.23: RoW Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.24: RoW Powered Agriculture Equipment Market (by Country), Units, 2017-2023
Table 6.25: Middle East Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 6.26: Africa Powered Agriculture Equipment Market (by Equipment Type), Units, 2017-2023
Table 7.1: AGCO Corporation: Product Portfolio
Table 7.2: CLAAS Group: Product Portfolio
Table 7.3: CNH Industrial: Product Portfolio
Table 7.4: Deere & Company: Product Portfolio
Table 7.5: Escorts Limited: Product Portfolio
Table 7.6: ISEKI & CO. Ltd.: Product Portfolio
Table 7.7: Kinze Manufacturing: Product Portfolio
Table 7.8: Kubota Corporation: Product Portfolio
Table 7.9: Mahindra & Mahindra Group: Product Portfolio
Table 7.10: SDF Group: Product Portfolio
Table 7.11: The Toro Company: Product Portfolio
Table 7.12: Tirth Agro Technology Private Limited: Product Portfolio
Table 7.13: Tractor and Farm Equipment Ltd: Product Portfolio
Table 7.14: Yanmar Co. Ltd.: Product Portfolio
Table 7.15: Zetor Tractors: Product Portfolio
Table 7.16: 3D Robotics: Product Portfolio
Table 7.17: Abundant Robotics Inc.: Product Portfolio
Table 7.18: AgEagle Aerial Systems, Inc.: Product Portfolio
Table 7.19: Ecorobotix: Product Portfolio
Table 7.20: Harvest Croo Robotics: Product Portfolio
Table 7.21: Iron Ox: Product Portfolio
Table 7.22: Parrot SA: Product Portfolio
List of Figures
Figure 1: Macroeconomic Trends Impacting the Farming Industry Growth
Figure 2: Drivers and Restraints – Global Powered Agriculture Equipment Market
Figure 3: Global Powered Equipment Market Snapshot
Figure 4: Regional Powered Agriculture Equipment Market (by Volume), 2018-2023
Figure 1.1: Market Dynamics
Figure 1.2: Global Food Demand Projection, 2017-2050
Figure 1.3: Landscape of Artificial Intelligence and Machine Learning in Agriculture
Figure 2.1: Strategies Adopted by the Key Players (2016-2018)
Figure 2.2: Share of Key Market Strategies and Developments (January 2016-December 2018)
Figure 2.3: New Product Launches and Developments Share (by Companies)
Figure 2.4: Business Expansions and Contracts Share (by Companies)
Figure 2.5: Partnerships, Collaborations and Joint Ventures Share (by Companies)
Figure 2.6: Mergers and Acquisitions Share (by Companies)
Figure 2.7: Market Share Analysis of Powered Agriculture Equipment Manufacturers, 2017(%)
Figure 3.1: Supply Chain Analysis of Powered Agriculture Equipment Market
Figure 3.2: Advantages of Electrification of Tractors
Figure 3.3: Porter’s Five Forces Analysis for the Powered Agriculture Equipment Market
Figure 4.1: Next Generation Powered Agriculture Equipment
Figure 4.2: Key Types of UAV/Drone
Figure 4.3: Agricultural UAVs/Drones Market, 2017-2023
Figure 4.4: Major Applications of UAV/Drone for Smart Farming
Figure 4.5: Harvesting and Picking Robots Market, 2017-2023
Figure 4.6: Advantages of Driverless Tractors in Farming
Figure 5.1: Global Tractor Market, 2017-2023
Figure 5.2: Global Combine Harvesters Market, 2017-2023
Figure 5.3: Global Other Harvester Market, 2017-2023
Figure 5.4: Global Planter Market, 2017-2023
Figure 5.5: Global Sprayer Market, 2017-2023
Figure 6.1: Global Powered Agriculture Equipment Regional Market Share and Growth Rate, (By Volume), 2018-2023
Figure 6.2: Asia-Pacific Powered Agriculture Equipment Market, 2017-2023
Figure 6.3: Americas Powered Agriculture Equipment Market, 2017-2023
Figure 6.4: Europe Powered Agriculture Equipment Market, 2017-2023
Figure 6.5: RoW Powered Agriculture Equipment Market, 2017-2023
Figure 7.1: Segmentation of Key Companies Profiled
Figure 7.2: AGCO Corporation: Overall Financials, 2015-2017
Figure 7.3: AGCO Corporation: Net Revenue (by Region), 2015-2016
Figure 7.4: AGCO Corporation: Net Revenue (by Region), 2017
Figure 7.5: AGCO Corporation: Net Revenue (by Business Segment), 2015-2017
Figure 7.6: AGCO Corporation: SWOT Analysis
Figure 7.7: CLAAS Group: Overall Financials, 2016-2018
Figure 7.8: CLAAS Group: Net Revenue (by Region), 2016-2018
Figure 7.9: CLAAS Group: SWOT Analysis
Figure 7.10: CNH Industrial: Overall Financials, 2015-2017
Figure 7.11: CNH Industrial: Net Revenue (by Region), 2015-2017
Figure 7.12: CNH Industrial: Net Revenue (by Business Segment), 2015-2017
Figure 7.13: CNH Industrial: SWOT Analysis
Figure 7.14: Deere & Company: Overall Financials, 2015-2017
Figure 7.15: Deere & Company: Net Revenue (by Region), 2015-2017
Figure 7.16: Deere & Company: Net Revenue (by Business Segment), 2015-2017
Figure 7.17: Deere & Company: SWOT Analysis
Figure 7.18: Escorts Limited: Overall Financials, 2015-2018
Figure 7.19: Escorts Limited: Net Revenue (by Region), 2015-2018
Figure 7.20: Escorts Limited: Net Revenue (by Business Segment), 2015-2018
Figure 7.21: Escorts Limited: SWOT Analysis
Figure 7.22: ISEKI & CO. Ltd: Overall Financials, 2015-2017
Figure 7.23: ISEKI & CO. Ltd: Net Revenue (by Region), 2017
Figure 7.24: ISEKI & CO. Ltd: Net Revenue (by Business Segment), 2017
Figure 7.25: ISEKI & CO. Ltd.: SWOT Analysis
Figure 7.26: Kinze Manufacturing: SWOT Analysis
Figure 7.27: Kubota Corporation: Overall Financials, 2015-2017
Figure 7.28: Kubota Corporation: Net Revenue (by Region), 2015-2017
Figure 7.29: Kubota Corporation: Net Revenue (by Business Segment), 2015-2017
Figure 7.30: Kubota Corporation: SWOT Analysis
Figure 7.31: Mahindra & Mahindra Group: Overall Financials, 2015-2017
Figure 7.32: Mahindra & Mahindra Group: Net Revenue (by Region), 2015-2017
Figure 7.33: Mahindra & Mahindra Group: Net Revenue (by Business Segment), 2015-2017
Figure 7.34: Mahindra & Mahindra Group: SWOT Analysis
Figure 7.35: SDF Group: Overall Financials, 2015-2017
Figure 7.36: SDF Group: Net Revenue (by Region), 2015-2017
Figure 7.37: SDF Group: Net Revenue (by Business Segment), 2015-2017
Figure 7.38: SDF Group: SWOT Analysis
Figure 7.39: The Toro Company: Overall Financials, 2015-2017
Figure 7.40: The Toro Company: Net Revenue (by Region), 2015-2017
Figure 7.41: The Toro Company: Net Revenue (by Business Segment), 2015-2017
Figure 7.42: The Toro Company: SWOT Analysis
Figure 7.43: Tirth Agro Technology Private Limited: SWOT Analysis
Figure 7.44: Tractor and Farm Equipment Ltd: SWOT Analysis
Figure 7.45: Yanmar Co. Ltd: Overall Financials, 2016-2018
Figure 7.46: Yanmar Co. Ltd: SWOT Analysis
Figure 7.47: Zetor Tractors: SWOT Analysis
Figure 7.48: 3D Robotics: SWOT Analysis
Figure 7.49: Abundant Robotics Inc.: SWOT Analysis
Figure 7.50: AgEagle Aerial Systems Inc.: SWOT Analysis
Figure 7.51: ecoRobotix Ltd.: SWOT Analysis
Figure 7.52: Harvest Croo Robotics: SWOT Analysis
Figure 7.53: Iron Ox: SWOT Analysis
Figure 7.54: Parrot SA: Overall Financials, 2016-2017
Figure 7.55: Parrot SA: Net Revenue by Business Segment, 2016-2017
Figure 7.56: Parrot SA: Net Revenue for Drones, 2016-2017
Figure 7.57: Parrot SA: Net Revenue (By Region), 2016-2017
Figure 7.58: Parrot SA: SWOT Analysis
Figure 8.1: Powered Agriculture Equipment Market Scope
Figure 8.2: Report Methodology
Figure 8.3: Primary Interviews Breakdown, by Player, Designation, and Region
Figure 8.4: Sources of Secondary Research
Figure 8.5: Data Triangulation
Figure 8.6: Top Down-Bottom-Up Approach for Market Estimation

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