Agricultural Machinery in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Europe agricultural machinery market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
For the purposes of this profile, the agricultural machinery market consists of sales of new tractors, above and below 50 HP, and new combine harvesters, valued at MSP. All currency conversions were calculated at constant average annual 2014 exchange rates.
The European agricultural machinery market had total revenues of $18,336.5m in 2014, representing a compound annual growth rate (CAGR) of 4.1% between 2010 and 2014.
Market consumption volume increased with a CAGR of 2.3% between 2010-2014, to reach a total of 241.1 thousand units in 2014.
A major driver of demand is farm incomes, which can fluctuate according to the prices of agricultural commodities, government payments and other factors. For the EU28 countries, farm income per worker rose by 34% between 2000 and 2014.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agricultural machinery market in Europe Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agricultural machinery market in Europe Leading company profiles reveal details of key agricultural machinery market players’ global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the Europe agricultural machinery market with five year forecasts by both value and volume Macroeconomic indicators provide insight into general trends within the Europe economy
Key Questions Answered
What was the size of the Europe agricultural machinery market by value in 2014? What will be the size of the Europe agricultural machinery market in 2019? What factors are affecting the strength of competition in the Europe agricultural machinery market? How has the market performed over the last five years? What are the main segments that make up Europe's agricultural machinery market?