
Farming Machinery Manufacturing in China - Industry Market Research Report
Description
Farming Machinery Manufacturing in China
Revenue for the Farming Machinery Manufacturing industry is expected to increase at an annualized 0.2% over the five years through 2023, to total $24.3 billion. Increasing export volumes, rising domestic demand and consistent government subsidies supported growth earlier in the period. Industry revenue is expected to increase by 1.8% in 2023, following several years of declines. Agricultural machinery has gradually increased in quality, and high-tech and advanced products have become highly popular among the industry's markets. However, market demand is shifting and competition among similar products has increased. Industry revenue is expected to increase by 1.8% in 2022.
Firms in the Farming Machinery Manufacturing industry manufacture agricultural and farm-related mechanical machinery and equipment. The industry mainly manufactures machinery used for soil treatment, crop farming or fertilization, plant harvesting and gardening.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Revenue for the Farming Machinery Manufacturing industry is expected to increase at an annualized 0.2% over the five years through 2023, to total $24.3 billion. Increasing export volumes, rising domestic demand and consistent government subsidies supported growth earlier in the period. Industry revenue is expected to increase by 1.8% in 2023, following several years of declines. Agricultural machinery has gradually increased in quality, and high-tech and advanced products have become highly popular among the industry's markets. However, market demand is shifting and competition among similar products has increased. Industry revenue is expected to increase by 1.8% in 2022.
Firms in the Farming Machinery Manufacturing industry manufacture agricultural and farm-related mechanical machinery and equipment. The industry mainly manufactures machinery used for soil treatment, crop farming or fertilization, plant harvesting and gardening.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
39 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON
Search Inside Report
Pricing
Currency Rates
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