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Global Farm (Agricultural) Equipment Market: Industry Analysis & Outlook (2016-2020)

Global Farm (Agricultural) Equipment Market: Industry Analysis & Outlook (2016-2020)

Agricultural or farm equipment cover a broad range of machines and tools which help the farmers to carry out various processes required to enhance the output as well as the quality of crops. Based on their characteristics, agricultural equipment can be divided into two types: farmstead equipment and field equipment. The farmstead equipment are the ones which are generally used in a stationary manner, for example the grain augers and cotton gins. The category of farm field equipment includes mobile or portable instruments, for example tractors, attachments and others. On the basis of the operations performed, agricultural equipment can be classified into seven categories; farm tractors, primary tillage machine, secondary tillage machine, sowing and planting machines, harvesting & threshing machines, crop processing machines, hay making equipment.

Trends suggest that the market growth potential lies majorly in developing regions such as China, India and Brazil. These are the potential targets for the industry due to lower market penetration, rising incomes, rising population, progressive government policies and market saturation in developed countries.

Several factors such as declining agricultural workforce, declining global arable land, increasing global grain production, coupled with continuous replacement demand from developed regions, easy credit availability in developing countries and rising population are the primary growth drivers of the market. However, fluctuating weather conditions, changing government policies and dynamic economic conditions pose a threat to market growth.

The report “Global Farm (Agricultural) Equipment Market: Industry Analysis & Outlook (2016-2020)” analyzes the development of this market, with focus on the Asia-Pacific, North America and European markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Deere & Company, CNH Industrial N.V., AGCO Corporation and Alamo Group Inc. are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global farm equipment market along with the study of the regional markets.


1. Overview
1.1 Farm Equipment
Figure 1.1: Types of Agricultural Equipment
1.2 Farm Equipment by Operations
Figure 1.2: Types of Agricultural Equipment by Operation
1.3 Categories of Equipment in Agriculture Value Chain
Figure 1.3: Agriculture Value Chain and Corresponding Equipment
2. Global Farm Equipment Market
2.1 Global Farm Equipment Market by Value
Figure 2.1: Global Farm Equipment Market by Value (2011-2015)
2.2 Global Farm Equipment Market Forecast by Value
Figure 2.2: Global Farm Equipment Market Forecast by Value (2016-2020)
2.3 Global Farm Equipment Market by Type
Figure 2.3: Global Farm Equipment Market by Type (2015)
2.3.1 Global Tractor Market by Value
Figure 2.4: Global Tractor Market by Value (2011-2015)
2.3.2 Global Tractor Market Forecast by Value
Figure 2.5: Global Tractor Market Forecast by Value (2016-2020)
2.3.3 Global Farm Equipment (ex. Tractors) Market by Value
Figure 2.6: Global Farm Equipment (ex. Tractors) Market by Value (2011-2015)
2.3.4 Global Farm Equipment (ex. Tractors) Market Forecast by Value
Figure 2.7: Global Farm Equipment (ex. Tractors) Market Forecast by Value (2016-2020)
2.4 Global Farm Equipment Market Share by Region
Figure 2.8: Global Farm Equipment Market Share by Region (2015)
3. Regional Markets
3.1 Asia-Pacific
3.1.1 Asia-Pacific Farm Equipment Market Forecast by Value
Figure 3.1: Asia-Pacific Farm Equipment Market Forecast by Value (2015-2020)
3.1.2 Indian Tractor Market by Volume
Figure 3.2: Indian Tractor Market by Volume (2011-2015)
3.1.3 Indian Tractor Market Forecast by Volume
Figure 3.3: Indian Tractor Market Forecast by Volume (2016-2020)
3.1.4 Indian Tiller Market by Volume
Figure 3.4: Indian Tiller Market by Volume (2011-2015)
3.1.5 Indian Tiller Market Forecast by Volume
Figure 3.5: Indian Tiller Market Forecast by Volume (2016-2020)
3.1.6 Russia Farm Equipment Market by Volume
Table 3.1: Tractors & Combines Unit Retail Sales in Russia (September 2015- 2016)
3.2 North America
3.2.1 North America Farm Equipment Market Forecast by Value
Figure 3.6: North America Farm Equipment Market Forecast by Value (2015-2020)
3.2.2 North America Tractor Market by Volume
Figure 3.7: North America Tractor Market by Volume (2011-2015)
3.2.3 North America Tractor Market Forecast by Volume
Figure 3.8: North America Tractor Market Forecast by Volume (2016-2020)
3.2.4 The US Tractor Market by Volume
Figure 3.9: The US Tractor Market by Volume (2011-2015)
3.2.5 The US Tractor Market Forecast by Volume
Figure 3.10: The US Tractor Market Forecast by Volume (2016-2020)
3.2.6 The US Tractor Market Volume by Horsepower (HP)
Figure 3.11: The US Tractor Market Volume by Horsepower (HP) (2015)
3.2.7 The US under 40 HP Tractor Market by Volume
Figure 3.12: The US under 40 HP Tractor Market by Volume (2011-2015)
3.2.8 The US under 40 HP Tractor Market Forecast by Volume
Figure 3.13: The US under 40 HP Tractor Market Forecast by Volume (2016-2020)
3.2.9 The US 40 & Under 100 HP Tractor Market by Volume
Figure 3.14: The US 40 & Under 100 HP Tractor Market by Volume (2011-2015)
3.2.10 The US 40 & Under 100 HP Tractor Market Forecast by Volume
Figure 3.15: The US 40 & Under 100 HP Tractor Market Forecast by Volume (2016-2020)
3.2.11 The US 100 & Above HP Tractor Market by Volume
Figure 3.16: The US 100 & Above HP Tractor Market by Volume (2011-2015)
3.2.12 The US 100 & Above HP Tractor Market Forecast by Volume
Figure 3.17: The US 100 & Above HP Tractor Market Forecast by Volume (2016-2020)
3.2.13 Canada Tractor Market by Volume
Figure 3.18: Canada Tractor Market by Volume (2011-2015)
3.2.14 Canada Tractor Market Forecast by Volume
Figure 3.19: Canada Tractor Market Forecast by Volume (2016-2020)
3.2.15 Canada Tractor Market by Segment
Table 3.2: Tractors Unit Retail Sales in Canada (Oct 2015-Oct 2016)
3.3 Europe
3.3.1 Europe Farm Equipment Market Forecast by Value
Figure 3.20: Europe Farm Equipment Market Forecast by Value (2015-2020)
3.3.2 The UK Farm Equipment Market Volume Share by Type
Figure 3.21: The UK Farm Equipment Market Volume Share by Type (2015)
3.3.3 The UK Tractor Market by Volume
Figure 3.22: The UK Tractor Market by Volume (2011-2015)
3.3.4 The UK Tractor Market Forecast by Volume
Figure 3.23: The UK Tractor Market Forecast by Volume (2016-2020)
3.3.5 Germany Farm Equipment Market by Value
Figure 3.24: Germany Farm Equipment Market by Value (2011-2015)
3.3.6 Germany Farm Equipment Market Forecast by Value
Figure 3.25: Germany Farm Equipment Market Forecast by Value (2016-2020)
3.3.7 Germany Farm Equipment Production Share by Equipment Type
Figure 3.26: Germany Farm Equipment Production Share by Equipment Type (2015)
3.3.8 Germany Farm Equipment Production – Exports Vs Domestic
Figure 3.27: Germany Farm Equipment Production Share by Type (2015)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Declining Agricultural Workforce
Figure 4.1: Global Rural Population (2011-2015)
4.1.2 Declining Global Arable Land
Figure 4.2: Global Arable Land Area Per Person (2011-2015)
4.1.3 Rising Global Population
Figure 4.3: Global Population (2011-2015)
4.1.4 Increasing Global Grain Production
Figure 4.4: Global Production of Corn, Wheat and Soybean (2011-2016E)
4.1.5 Continuous Replacement Demand from Developed Countries
4.1.6 Easy Credit and Subsidies Availability in Developing Markets
4.2 Key Trends & Developments
4.2.1 Lower Tractor Penetration in Developing Countries
Figure 4.5: Tractor Penetration per 1000 Hectare (2015)
4.2.2 Increased Focus on Farm Mechanization
4.2.3 Moderate Replacement Demand
4.3 Challenges
4.3.1 Fluctuating Weather Conditions
4.3.2 Changing Government Policies
4.3.3 Dynamic Economic Environment
5. Competitive Landscape
5.1 Global Farm Equipment Market
5.1.1 Revenue and Market Cap Comparison
Table 5.1: Revenue and Market Cap Comparison by Major Players (2015)
5.2 North America
5.2.1 The US Tractor Market Share by Company (Under 40 HP)
Figure 5.1: The US Tractor Market Share by Company (Under 40 HP) (2015)
5.2.2 The US Tractor Market Share by Company (40 & Under 100 HP)
Figure 5.2: The US Tractor Market Share by Company (40 & Under 100 HP) (2015)
5.2.3 The US Tractor Market Share by Company (100 HP & Above)
Figure 5.3: The US Tractor Market Share by Company (100 HP & Above) (2015)
5.3 Asia-Pacific
5.3.1 Indian Tractor Market Share by Company (Under 30 HP)
Figure 5.4: Indian Tractor Market Share by Company (Under 30 HP) (2015)
6. Company Profiles
6.1 Deere & Company
6.1.1 Business Overview
Figure 6.1: Deere & Company Revenue by Segment (2015)
6.1.2 Financial Overview
Figure 6.2: Deere & Company Revenue and Net Income (2011-2015)
6.1.3 Business Strategies
Figure 6.3: Deere & Company R&D Expenditure (2013-2015)
6.2 CNH Industrial N.V.
6.2.1 Business Overview
Figure 6.4: CNH Industrial N.V. Revenue by Segment (2015)
6.2.2 Financial Overview
Figure 6.5: CNH Industrial N.V. Revenue and Net Income (2011-2015)
6.2.3 Business Strategies
Figure 6.6: CNH Industrial N.V. R&D Expenditure (2013-2015)
6.3 AGCO Corporation
6.3.1 Business Overview
Figure 6.7: AGCO Corporation Revenue by Segment (2015)
6.3.2 Financial Overview
Figure 6.8: AGCO Corporation Revenue and Net Income (2011-2015)
6.3.3 Business Strategies
6.4 Alamo Group Inc.
6.4.1 Business Overview
Figure 6.9: Alamo Group Inc. Revenue by Segment (2015)
6.4.2 Financial Overview
Figure 6.10: Alamo Group Inc. Net Sales and Net Income (2011-2015)
6.4.3 Business Strategies
Figure 6.11: Alamo Group Inc. R&D Expenditure (2013-2015)

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