Market Overview

Farm Equipment - Global Market Forecasts to 2026: The Trailers & Trucks Segment is Growing Rapidly

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Farm Equipment - Global Market Forecasts to 2026: The Trailers & Trucks Segment is Growing Rapidly

PR Newswire

DUBLIN, Aug 31, 2018 /PRNewswire/ --

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The "Farm Equipment - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Farm Equipment market accounted for $179.25 billion in 2017 and is expected to reach $321.32 billion by 2026 growing at a CAGR of 6.7% during the forecast period.

Population growth has escalated the demand for food and growing mechanization trend in agriculture industry are some of the key factors fueling the market growth. However, factors such as increasing subsidies provided by government to purchase farm equipment and support farming practices for improved quality crops inhibit the market growth. One of the major opportunities in the market is rising implementation of technology-driven agriculture equipment.

Based on the Type, the Trailers & Trucks segment usage in agriculture has been increasing rapidly because it varies greatly in size, power, and configuration. Farmers prefer these kinds of vehicles to ease their work while harvesting the crops on shifting the grains obtained from the one place to another mainly on budget. Gooseneck mounts are often used for agricultural and industrial trailers. Tractors are most commonly used in agriculture and provide the power and traction to mechanize agricultural tasks, especially tillage.

By Geography, Asia Pacific is expected to hold largest market share due to increasing demand for quality food grains, fruits and vegetables. Major players have been focusing on high growth markets such as India and China, to reap the benefits from increasing mechanization.


Key Topics Covered

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Farm Equipment Market, By Phase
5.1 Introduction
5.2 Cultivation
5.3 Harvesting and Threshing
5.4 Land Development
5.5 Post Harvesting
5.6 Sowing and Planting
5.7 Other Phase

6 Global Farm Equipment Market, By Type
6.1 Introduction
6.2 Trailers and Trucks
6.3 Tractors
6.4 Tillage Equipment
6.5 Planting Equipment
6.6 Irrigation Equipment
6.7 Harvesting Equipment
6.8 Hay and Forage Equipment
6.9 Crop Processing Equipment
6.10 Plant Protection Equipment
6.11 Sprinkler Irrigation Equipment
6.12 Other Types

7 Global Farm Equipment Market, By Geography
7.1 Introduction
7.2 North America
7.3 Europe
7.4 Asia Pacific
7.5 South America
7.6 Middle East & Africa

8 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 AGCO Corporation.
10.2 CLAAS Group.
10.3 CNH Industrial N.V.
10.4 John Deere & Co.
10.5 Kubota Corporation.
10.6 SAME Deutz-Fahr Group S.p.A.
10.7 Kuhn Group S.A.
10.8 Kverneland A.S.
10.9 Mascar S.p.A.
10.10 MaterMacc S.p.A.
10.11 Alamo Group Inc.
10.12 Argo S. p. A
10.13 Amazone H. Dreyer GmbH & Co. KG
10.14 Bucher Industries
10.15 Daedong Industrial Company Ltd.
10.16 Escorts Group
10.17 Mahindra & Mahindra Limited
10.18 Eicher Tractors
10.19 SAS Motors Limited (Angad Tractors)
10.20 PreetTractors

For more information about this report visit https://www.researchandmarkets.com/research/dfm63k/farm_equipment?w=5
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