Farm Equipment Market by Product and Geography - Forecast and Analysis 2022-2026
- Published: Sep 2022
- Pages: 151
- SKU: IRTNTR40263
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
The farm equipment market share is expected to increase by USD 33.65 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.96%.
This farm equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers farm equipment market segmentation by product (implement, combines, sprayer, and bale) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The farm equipment market report also offers information on several market vendors, including AGCO Corp., Argo Tractors Spa, Brohawk exports, Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial NV, Deere and Co., Duravant LLC, ISEKI and Co. Ltd., J C Bamford Excavators Ltd, Kubota Corp., LEMKEN GmbH and Co. KG, Mahindra and Mahindra Ltd., Maschio Gaspardo Spa, SDF SpA, Sitrex spa, Sonalika International Tractors Ltd., Vaderstad AB, VST Tillers Tractors Ltd., and Yanmar Holdings Co. Ltd. among others.
What will the Farm Equipment Market Size be During the Forecast Period?
Download Report Sample to Unlock the Farm Equipment Market Size for the Forecast Period and Other Important Statistics
Farm Equipment Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a negative impact on the market growth during and after post COVID-19 era. The expansion of arable land is notably driving the farm equipment market growth, although factors such as rapidly changing emission norms and mandates may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the farm equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Farm Equipment Market Driver
The expansion of arable land is one of the major drivers impacting the farm equipment market growth. Expansion in the arable land has been witnessed in recent years; for instance, in Sub-Saharan Africa, arable land is expected to increase from 262 million hectares in 2015 to 288 million hectares by 2030. The expanding availability of arable land in developing regions is leading to the demand for plowing and cultivating machinery. The increasing global population has compelled farmers to expand the area of cultivation in an endless quest for fertile soil. According to the Food and Agriculture Organization of the United Nations (FAO), if the current trends hold, it is expected that the world's arable land will increase by around 70 million hectares by 2050. The expansion of arable land is majorly taking place in India, China, Sub-Saharan Africa, South America, and the Caribbean. Such factors will increase the need for farm equipment which will fuel the growth of the global farm equipment market during the forecast period.
Key Farm Equipment Market Trend
The rising deployment of equipment and technologies for precision farming is one of the major trends influencing the farm equipment market growth. Precision farming refers to the management system for crops and livestock that relies on global positioning systems (GPS) to monitor the location of field equipment, such as irrigation nozzles, agrochemical sprayers, and weed control systems, and communicate with them. Some of the features of precision farming include but are not limited to equipment guidance, yield inspection, and variable rate input application. Thus, precision farming helps farmers to automate a large part of their agricultural operations and minimize their input costs. The high profit-making potential of precision farming is expected to increase its commercial availability. For instance, In May 2022, Mahindra Tractors, part of Mahindra's agricultural equipment sector, the world's largest tractor manufacturer by volume, announced six new tractor models under the recently launched Yuvo Tech+ brand. Such developments are expected to foster the growth of the global farm equipment market during the forecast period.
Key Farm Equipment Market Challenge
Rapidly changing emission norms and mandates are one of the major challenges impeding the farm equipment market growth. The sales of agricultural and construction equipment may face hindrances due to the implementation of emission standards on different types of farm machinery. With many countries making amendments to such emission regulations, vendors of such farm equipment covered by these emission regulations need to make significant investments in research and development (R&D). Each country has its pollution and emission standards, which make it more difficult to build components, especially engines. For instance, the Indian government enacted the BS Term IV rule that went into effect in October 2020, which is applicable to diesel engine equipment, such as agricultural tractors and construction machinery. However, beginning in October 2023, the rest of the industry, including tractors below 50 HP, will migrate to the new standards. Decreased sales of tractors could result from modifying the emission limits to conform to government regulations.
This farm equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global farm equipment market as a part of the global agricultural and farm machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the farm equipment market during the forecast period.
Who are the Major Farm Equipment Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- AGCO Corp.
- Argo Tractors Spa
- Brohawk exports
- Bucher Industries AG
- CLAAS KGaA mbH
- CNH Industrial NV
- Deere and Co.
- Duravant LLC
- ISEKI and Co. Ltd.
- J C Bamford Excavators Ltd
- Kubota Corp.
- LEMKEN GmbH and Co. KG
- Mahindra and Mahindra Ltd.
- Maschio Gaspardo Spa
- SDF SpA
- Sitrex spa
- Sonalika International Tractors Ltd.
- Vaderstad AB
- VST Tillers Tractors Ltd.
- Yanmar Holdings Co. Ltd.
This statistical study of the microfinance market encompasses successful business strategies deployed by the key vendors. The microfinance market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The farm equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Farm Equipment Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the farm equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Farm Equipment Market?
For more insights on the market share of various regions Request PDF Sample now!
46% of the market’s growth will originate from APAC during the forecast period. Japan, China, and India are the key markets for farm equipment in APAC. Market growth in this region will be faster than the growth of the market in other geographies.
The increasing government initiatives to support sustainable agriculture practices will facilitate the farm equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The mass vaccinations in 2021 led to a reduction in the number of COVID-19 cases. Retail operations resumed and led to a rise in the demand for processed food equipment and, consequently, for farm equipment. These factors are anticipated to positively impact the regional farm equipment market during the forecast period. Also, the vendors are planning to launch new products in the market with different features. Thus, such factors will boost the growth of the regional farm equipment market during the forecast period.
What are the Revenue-generating Product Segments in the Farm Equipment Market?
To gain further insights on the market contribution of various segments Request a PDF Sample
The farm equipment market share growth by the implement segment will be significant during the forecast period. The demand rate for tractors in the market segment is the highest owing to the rising adoption of tractors that are more powerful, sophisticated, and have newer technologies. The use of smaller specialized tractors for specific applications is also rising. These factors are fueling the farm equipment market growth by the implement segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the farm equipment market size and actionable market insights on post COVID-19 impact on each segment.
You may be interested in:
Farm Equipment Rental market - The market share is expected to increase by USD 14.89 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.78%.
|
Farm Equipment Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 4.96% |
|
Market growth 2022-2026 |
$ 33.65 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
4.5 |
|
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
|
Performing market contribution |
APAC at 46% |
|
Key consumer countries |
US, China, Australia, India, France, and Brazil |
|
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
|
Key companies profiled |
AGCO Corp., Argo Tractors Spa, Brohawk exports, Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial NV, Deere and Co., Duravant LLC, ISEKI and Co. Ltd., J C Bamford Excavators Ltd, Kubota Corp., LEMKEN GmbH and Co. KG, Mahindra and Mahindra Ltd., Maschio Gaspardo Spa, SDF SpA, Sitrex spa, Sonalika International Tractors Ltd., Vaderstad AB, VST Tillers Tractors Ltd., and Yanmar Holdings Co. Ltd. |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Farm Equipment Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive farm equipment market growth during the next five years
- Precise estimation of the farm equipment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the farm equipment industry across APAC, North America, Europe, South America, and the Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of farm equipment market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Implement - Market size and forecast 2021-2026
- Exhibit 28: Chart on Implement - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Implement - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Implement - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Implement - Year-over-year growth 2021-2026 (%)
- 5.4 Combines - Market size and forecast 2021-2026
- Exhibit 32: Chart on Combines - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Combines - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Combines - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Combines - Year-over-year growth 2021-2026 (%)
- 5.5 Sprayer - Market size and forecast 2021-2026
- Exhibit 36: Chart on Sprayer - Market size and forecast 2021-2026 ($ billion)
- Exhibit 37: Data Table on Sprayer - Market size and forecast 2021-2026 ($ billion)
- Exhibit 38: Chart on Sprayer - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Sprayer - Year-over-year growth 2021-2026 (%)
- 5.6 Baler - Market size and forecast 2021-2026
- Exhibit 40: Chart on Baler - Market size and forecast 2021-2026 ($ billion)
- Exhibit 41: Data Table on Baler - Market size and forecast 2021-2026 ($ billion)
- Exhibit 42: Chart on Baler - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Baler - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Product
- Exhibit 44: Market opportunity by Product ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Australia - Market size and forecast 2021-2026
- Exhibit 78: Chart on Australia - Market size and forecast 2021-2026 ($ billion)
- Exhibit 79: Data Table on Australia - Market size and forecast 2021-2026 ($ billion)
- Exhibit 80: Chart on Australia - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Australia - Year-over-year growth 2021-2026 (%)
- 7.11 Brazil - Market size and forecast 2021-2026
- Exhibit 82: Chart on Brazil - Market size and forecast 2021-2026 ($ billion)
- Exhibit 83: Data Table on Brazil - Market size and forecast 2021-2026 ($ billion)
- Exhibit 84: Chart on Brazil - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 India - Market size and forecast 2021-2026
- Exhibit 90: Chart on India - Market size and forecast 2021-2026 ($ billion)
- Exhibit 91: Data Table on India - Market size and forecast 2021-2026 ($ billion)
- Exhibit 92: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 95: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 97: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 98: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 99: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 100: Matrix on vendor position and classification
- 10.3 AGCO Corp.
- Exhibit 101: AGCO Corp. - Overview
- Exhibit 102: AGCO Corp. - Business segments
- Exhibit 103: AGCO Corp. - Key news
- Exhibit 104: AGCO Corp. - Key offerings
- Exhibit 105: AGCO Corp. - Segment focus
- 10.4 Bucher Industries AG
- Exhibit 106: Bucher Industries AG - Overview
- Exhibit 107: Bucher Industries AG - Business segments
- Exhibit 108: Bucher Industries AG - Key offerings
- Exhibit 109: Bucher Industries AG - Segment focus
- 10.5 CLAAS KGaA mbH
- Exhibit 110: CLAAS KGaA mbH - Overview
- Exhibit 111: CLAAS KGaA mbH - Product / Service
- Exhibit 112: CLAAS KGaA mbH - Key news
- Exhibit 113: CLAAS KGaA mbH - Key offerings
- 10.6 CNH Industrial NV
- Exhibit 114: CNH Industrial NV - Overview
- Exhibit 115: CNH Industrial NV - Business segments
- Exhibit 116: CNH Industrial NV - Key news
- Exhibit 117: CNH Industrial NV - Key offerings
- Exhibit 118: CNH Industrial NV - Segment focus
- 10.7 Deere and Co.
- Exhibit 119: Deere and Co. - Overview
- Exhibit 120: Deere and Co. - Business segments
- Exhibit 121: Deere and Co. - Key news
- Exhibit 122: Deere and Co. - Key offerings
- Exhibit 123: Deere and Co. - Segment focus
- 10.8 Duravant LLC
- Exhibit 124: Duravant LLC - Overview
- Exhibit 125: Duravant LLC - Product / Service
- Exhibit 126: Duravant LLC - Key offerings
- 10.9 ISEKI and Co. Ltd.
- Exhibit 127: ISEKI and Co. Ltd. - Overview
- Exhibit 128: ISEKI and Co. Ltd. - Product / Service
- Exhibit 129: ISEKI and Co. Ltd. - Key offerings
- 10.10 Kubota Corp.
- Exhibit 130: Kubota Corp. - Overview
- Exhibit 131: Kubota Corp. - Business segments
- Exhibit 132: Kubota Corp. - Key news
- Exhibit 133: Kubota Corp. - Key offerings
- Exhibit 134: Kubota Corp. - Segment focus
- 10.11 Mahindra and Mahindra Ltd.
- Exhibit 135: Mahindra and Mahindra Ltd. - Overview
- Exhibit 136: Mahindra and Mahindra Ltd. - Business segments
- Exhibit 137: Mahindra and Mahindra Ltd. - Key news
- Exhibit 138: Mahindra and Mahindra Ltd. - Key offerings
- Exhibit 139: Mahindra and Mahindra Ltd. - Segment focus
- 10.12 Yanmar Holdings Co. Ltd.
- Exhibit 140: Yanmar Holdings Co. Ltd. - Overview
- Exhibit 141: Yanmar Holdings Co. Ltd. - Product / Service
- Exhibit 142: Yanmar Holdings Co. Ltd. - Key news
- Exhibit 143: Yanmar Holdings Co. Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 144: Inclusions checklist
- Exhibit 145: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 146: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 147: Research methodology
- Exhibit 148: Validation techniques employed for market sizing
- Exhibit 149: Information sources
- 11.5 List of abbreviations
- Exhibit 150: List of abbreviations
- effect of climate change on agricultural production: Agricultural production is directly dependent on climate changes, such as a rise in temperature. Unfavorable climate change can affect agricultural production. For instance, an increase in temperature can reduce yields, thereby affecting the potential profitability of end-users. Agriculture plays a key role in the overall economic growth of many countries. A rise in temperature is mainly attributed to the increase in greenhouse gas emissions, including fluorinated gases, nitrous oxide, carbon dioxide, and methane, which can negatively affect water and land resources, resulting in floods and droughts. Such adverse effects of climate change can reduce the scope of farming and adversely affect the sales opportunities of agricultural and farm machinery.
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- Australia
- India
- France
- Brazil
- Recent developments
- Rising deployment of equipment and technologies for precision farming
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Did you know?
Did you know?
Did you know?
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
