Machines

Agricultural Machinery Market in the US 2016-2020

  • TEC590200
  • 77 Pages
  • May 2016
  • Machines
About the Agricultural Machinery Market in the US

Agricultural machinery has evolved over the years and modern agricultural machines have enhanced the speed, volume, and efficiency of agricultural practices; the machineries are designed and configured to suit the varied needs of end-users. The market depends on agricultural land and farm output and grows in tandem with demand.

Technavios analysts forecast the agricultural machinery market in the US to grow at a CAGR of 4% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the agricultural machinery market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of agricultural machinery.

The market is divided into the following segments based on products:
Tractors
Combine Harvester
Haying Machinery
Planting and fertilizing machinery
Plowing and cultivating machinery
Livestock machinery

Technavio's report, Agricultural Machinery Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Deere & Company
CNH Industrial
AGCO
Kubota

Other prominent vendors
CLAAS
Daedong-USA
Krone
Kuhn Group
Lely
Mahindra & Mahindra
SAME DEUTZ-FAHR
Vermeer
Versatile

Market driver
Shortage of farm labor
For a full, detailed list, view our report

Market challenge
Reduction in commodity prices
For a full, detailed list, view our report

Market trend
Shift toward sustainable agriculture
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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