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

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.


1. Executive Summary
2. Introduction
2.1 Farming: An Overview
Table 1: Types of Farming
2.2 Farm Equipment: An Overview
Table 2: Categorization of Farm Equipment
2.3 Farm Equipment Segmentation: An Overview
2.3.1 Farm Equipment Segmentation on the Basis of Product
Table 3: Farm Equipment Segmentation on the Basis of Product
2.3.2 Farm Equipment Segmentation on the Basis of Application
Table 4: Farm Equipment Segmentation on the Basis of Application
2.4 Advantages and Disadvantages of Farm Equipment
Table 5: Advantages and Disadvantages Farm Equipment
3. Global Market Analysis
3.1 Global Farm Equipment Market: An Analysis
3.1.1 Global Farm Equipment Market by Value
Table 6: Global Farm Equipment Market by Value; 2016-2018 (US$ Billion)
Table 7: Global Farm Equipment Market by Value; 2019-2023 (US$ Billion)
3.1.2 Global Farm Equipment Market by Region (APAC, Europe, North America, Rest of the World)
Table 8: Global Farm Equipment Market by Region; 2018 (Percentage, %)
3.1.3 Global Farm Equipment Market by Product (Farm Tractors, Harvesting machine, Tillage equipment, Planting & Fertilizing equipment, Irrigation equipment, Haying equipment and Others)
Table 9: Global Farm Equipment Market by Product; 2018 (Percentage, %)
3.1.4 Global Farm Equipment Market by Application (Land Development & Seed Bed preparation, Harvesting & Threshing, Post-harvest & Agro processing, Sowing & Planting, Weed Cultivation and Plant protection)
Table 10: Global Farm Equipment Market by Application; 2018 (Percentage, %)
3.2 Global Farm Equipment Market: Product Analysis
3.2.1 Global Farm Tractor Market by Value
Table 11: Global Farm Tractor Market by Value; 2017-2018 (US$ Billion)
Table 12: Global Farm Tractor Market by Value; 2019-2023 (US$ Billion)
3.2.2 Global Harvesting Machine Market by Value
Table 13: Global Harvesting Machine Market by Value; 2017-2018 (US$ Billion)
Table 14: Global Harvesting Machine Market by Value; 2019-2023 (US$ Billion)
3.2.3 Global Tillage Equipment Market by Value
Table 15: Global Tillage Equipment Market by Value; 2017-2018 (US$ Billion)
Table 16: Global Tillage Equipment Market by Value; 2019-2023 (US$ Billion)
3.2.4 Global Planting & Fertilizing Equipment Market by Value
Table 17: Global Planting & Fertilizing Equipment Market by Value; 2017-2018 (US$ Billion)
Table 18: Global Planting & Fertilizing Equipment Market by Value; 2019-2023 (US$ Billion)
3.2.5 Global Irrigation Equipment Market by Value
Table 19: Global Irrigation Equipment Market by Value; 2017-2018 (US$ Billion)
Table 20: Global Irrigation Equipment Market by Value; 2019-2023 (US$ Billion)
3.2.6 Global Haying Equipment Market by Value
Table 21: Global Haying Equipment Market by Value; 2017-2018 (US$ Billion)
Table 22: Global Haying Equipment Market by Value; 2019-2023 (US$ Billion)
3.2.7 Global Other Farm Equipment Market by Value
Table 23: Global Other Farm Equipment Market by Value; 2017-2018 (US$ Billion)
Table 24: Global Other Farm Equipment Market by Value; 2019-2023 (US$ Billion)
4. Regional Market Analysis
4.1 APAC Farm Equipment Market: An Analysis
4.1.1 APAC Farm Equipment Market by Value
Table 25: APAC Farm Equipment Market by Value; 2016-2018 (US$ Billion)
Table 26: APAC Farm Equipment Market by Value; 2019-2023 (US$ Billion)
4.1.2 APAC Farm Equipment Market by Segment
Table 27: APAC Farm Equipment Market by Segment; 2018 (Percentage, %)
4.1.3 APAC Farm Tractors Market by Value
Table 28: APAC Farm Tractors Market by Value; 2017-2018 (US$ Billion)
Table 29: APAC Farm Tractors Market by Value; 2019-2023 (US$ Billion)
4.1.4 APAC Harvesters Market by Value
Table 30: APAC Harvesters Market by Value; 2017-2018 (US$ Billion)
Table 31: APAC Harvesters Market by Value; 2019-2023 (US$ Billion)
4.1.5 APAC Spraying Equipment Market by Value
Table 32: APAC Spraying Equipment Market by Value; 2017-2018 (US$ Billion)
Table 33: APAC Spraying Equipment Market by Value; 2019-2023 (US$ Billion)
4.1.6 APAC Haying Equipment Market by Value
Table 34: APAC Haying Equipment Market by Value; 2017-2018 (US$ Billion)
Table 35: APAC Haying Equipment Market by Value; 2019-2023 (US$ Billion)
4.1.7 APAC Planting & Fertilizing Equipment Market by Value
Table 36: APAC Planting & Fertilizing Equipment Market by Value; 2017-2018 (US$ Billion)
Table 37: APAC Planting & Fertilizing Equipment Market by Value; 2019-2023 (US$ Billion)
4.1.8 APAC Irrigation Equipment Market by Value
Table 38: APAC Irrigation Equipment Market by Value; 2017-2018 (US$ Billion)
Table 39: APAC Irrigation Equipment Market by Value; 2019-2023 (US$ Billion)
4.1.9 APAC Other Farm Equipment Market by Value
Table 40: APAC Other Farm Equipment Market by Value; 2017-2018 (US$ Billion)
Table 41: APAC Other Farm Equipment Market by Value; 2019-2023 (US$ Billion)
4.2 Europe Farm Equipment Market: An Analysis
4.2.1 Europe Farm Equipment Market by Value
Table 42: Europe Farm Equipment Market by Value; 2016 -2018 (US$ Billion)
Table 43: Europe Farm Equipment Market by Value; 2019-2023 (US$ Billion)
4.2.2 Europe Farm Equipment Market by Region
Table 44: Europe Farm Equipment Market by Region; 2018 (Percentage, %)
4.2.3 Germany Farm Equipment Market by Value
Table 45: Germany Farm Equipment Market by Value; 2017-2023 (US$ Billion)
4.3 North America Farm Equipment Market: An Analysis
4.3.1 North America Farm Equipment Market by Value
Table 46: North America Farm Equipment Market by Value; 2016-2018 (US$ Billion)
Table 47: North America Farm Equipment Market by Value; 2019-2023 (US$ Billion)
4.3.2 North America Farm Equipment by Region
Table 48: North America Farm Equipment by Region; 2018 (Percentage, %)
4.3.3 The US Farm Equipment Market by Value
Table 49: The US Farm Equipment Market by Value; 2017-2023 (US$ Billion)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Global Population
Table 50: Global Population; 2015-2018 (Billion)
5.1.2 Rising GDP in Emerging Economies
Table 51: Developed and Developing Economies GDP Growth Rate; 2017-2019 (Percentage, %)
5.1.3 Rising Organic Farming
Table 52: Global Organic Agricultural Farmlands; 2015-2019 (Million Hectares)
5.1.4 Increasing Grain Production
Table 53: Global Grain Production; 2014-2018 (Million Tonnes)
5.1.5 Rising Demand for Plant-based Proteins
Table 54: Global Demand for Plant-based Proteins; 2000-2030 (Million Tonnes)
Table 55: Global Plant-based Food Market; 2018-2023 (US$ Billion)
5.1.6 Upsurge in Government Initiatives
5.2 Challenges
5.2.1 Changing Climatic Condition
Table 56: Global Natural Disasters; 2013-2017 (Number of Disasters)
5.2.2 High Equipment & Maintenance Cost
5.3 Market Trends
5.3.1 Agricultural Drone Technology
5.3.2 Autonomous Tractors
5.3.3 Autonomous and Robotics Labor
6. Competitive Landscape
6.1 Global Farm Equipment Market Players: A Financial Comparison
Table 57: Global Farm Equipment Market Players: A Financial Comparison; 2018 (US$ Billion)
7. Company Profiles
7.1 John Deere
7.1.1 Business Overview
7.1.2 Financial Overview
Table 58: John Deere Net Sales; 2014-2018 (US$ Billion)
Table 59: John Deere Net Sales by Segment; 2018
Table 60: John Deere Net Sales by Region; 2018
7.1.3 Business Strategy
7.2 AGCO Corporation
7.2.1 Business Overview
7.2.2 Financial Overview
Table 61: AGCO Corporation Net Sales; 2014-2018 (US$ Billion)
Table 62: AGCO Corporation Net Sales by Region; 2018
7.2.3 Business Strategy
7.3 Mahindra Group (Mahindra & Mahindra Ltd.)
7.3.1 Business Overview
7.3.2 Financial Overview
Table 63: Mahindra Group (Mahindra & Mahindra Ltd.) Net Sales; 2014-2018 (US$ Billion)
Table 64: Mahindra Group (Mahindra & Mahindra Ltd.) Net Sales by Segment; 2018
Table 65: Mahindra Group (Mahindra & Mahindra Ltd.) Net Sales by Region; 2018
7.3.3 Business Strategy
7.4 CNH Industrial N.V.
7.4.1 Business Overview
7.4.2 Financial Overview
Table 66: CNH Industrial N.V. Total Revenue; 2014-2018 (US$ Billion)
Table 67: CNH Industrial N.V. Total Revenue by Segment; 2018
Table 68: CNH Industrial N.V. Total Revenue by Region; 2018
7.4.3 Business Strategy

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