Research and Markets (http://www.researchandmarkets.com/research/fr392d/agriculture)
has announced the addition of the "Agriculture
Equipment Market by Region & Propulsion; Self-propelled Equipment
Market, by Type; Implements Market, by Function - Forecast to 2019"
report to their offering.
The agriculture equipment market, in terms of value, is projected to
grow at a CAGR of 7.20% from 2014 to 2019
Currently, the agriculture sector is more inclined towards the use of
advanced technologies to meet the increasing demand of food grains and
other food products. Mechanization of farms and the use of advanced farm
equipment have played a key role in enabling the industry to realize the
magnitude of the demand.
Agriculture equipment has evolved under constant pressure from growing
food demand, which has created immense pressure over the farmers to
cultivate multiple crops, annually, with high quality and large
quantity. Shortage of trained labor, combined with high wages, has
forced farmers to rely on machinery for a majority of the agricultural
activities. Technological advancements in machinery have further
strengthened their case by furthering the advantages offered by
machinery over human labor.
Today, there is a wide array of equipment, such as tractors (with
different power rating), combines (that can perform number of
cultivating process involved with different equipment on single
machine), and implements (which are application specific), that are
available to the farmer. In order to facilitate the farmers' purchase of
these various types of equipment, various governments are running
programs to help these farmers in the form of subsidies, discounts, and
other financial aids.
The key players in the agriculture equipment market are Deere & Company
(U.S.),CNH Global NV (U.S.), and AGCO Manufacturing Company (U.S.).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Agriculture Equipment Market, By Region
8 Global Agriculture Equipment Market, By Propulsion
9 Self-Propelled Agriculture Equipment Market
10 Implements Market
11 Competitive Landscape
12 Company Profiles
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Agco Group
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Claas
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Cnh
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Iseki & Co. Ltd.
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Jcb
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John Deere (Deere & Company)
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Kubota
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Mahindra & Mahindra Limited (M&M)
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Same Deutz-Fahr S.P.A.
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Yanmar Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/fr392d/agriculture
Copyright Business Wire 2015