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Construction & Manufacturing

World Agriculture Equipment Market - Opportunities and Forecasts, 2015 - 2022

  • ALL617992
  • 141 Pages
  • July 2016
  • Construction & Manufacturing
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Agriculture equipment are used for assistance in agriculture activities. Agriculture equipment comprise a wide range of equipment such as tractors, plough, cultivation equipment, and harvesters. The market is anticipated to grow at a moderate pace, with a CAGR of 5.9% from 2016 - 2022, to garner over $200 billion revenue by 2022. Major factors that drive the growth of the agriculture equipment market are increasing adoption of technology driven agriculture equipment and escalating demand for food due to growing population. Global market players are continuously launching new and innovative products to sustain their market position and offer technologically advanced equipment.

The market is segmented on the basis of product type namely agriculture tractors, harvesters, soil preparation and cultivation equipment, irrigation & crop processing equipment, agriculture spraying equipment, hay and forage equipment, and other agriculture equipment. The tractors segment is the major revenue contributor in the market, accounting for around 34% of the revenue in 2015, whereas the harvester segment is anticipated to witness substantial growth during the forecast period. Farmers are opting for technically advanced harvesters to increase production and to limit the dependency on farm labors. Soil preparation and cultivation equipment are also expected to witness notable growth, driven by the government initiatives to increase farm production and to make the soil preparation and cultivating process faster and efficient.

The report provides an in-depth analysis of the world agriculture equipment market in North America, Europe, Asia-Pacific, and LAMEA. In the year 2015, the Asia-Pacific region generated the highest revenue in the market. North America and Europe are likely to witness slow growth during the forecast period owing to the already high mechanization rate in agriculture industry. The regions are further bifurcated into different countries: U.S., Canada, and Mexico in North America; Germany, U.K, France, and Rest of Europe in Europe; India, China, Japan and Rest of Asia-Pacific in Asia-Pacific; and Latin America, Africa, and Middle East in LAMEA. In Asia-Pacific, India and China are estimated to exhibit a high growth rate. Low rate of mechanization in agriculture sector, is likely to create opportunities for adoption of mechanized farming practices in the region, which would consequentially lead to prominent market growth.

KEY BENEFITS:

  • A comprehensive analysis of the current trends and future estimations in the world agriculture equipment market is provided.
  • This report presents information about key drivers, restraints, and opportunities along with a detailed impact analysis from 2016 to 2022.
  • Porters Five Forces model and SWOT analysis of the industry illustrate the potency of the buyers and suppliers.
  • A quantitative analysis of the current scenario and the forecast period highlights the financial competency of the market.
  • This report provides a detailed analysis of the world agriculture equipment market with respect to product type and geography to enable stakeholders to take appropriate investment decisions.
  • Value chain analysis provides a clear understanding on the role of stakeholders involved.

Prominent companies in the market have adopted product launch and acquisition as their key growth strategies to sustain the intense market competition. In the year 2015, AGCO Corporations transverse rotary combine brand, Gleaner, launched the Gleaner S9 Series Combines. With this launch, the company aims to provide its consumers with efficient and technology-driven means of harvesting their crops. The key companies profiled include Deere & Company, Mahindra Group, AGCO Corporation, Agrostroj Pelhrimov A.s, Concern Tractor Plants, Escorts Limited, China National Machinery Industry Corporation, Valmont Industries Incorporated., Weifang Euroking Machinery, and Same Deutz-Fahr Group (SDF).

AGRICULTURE EQUIPMENT MARKET KEY SEGMENTS:

The market is segmented on the basis of product type and geography:

By Product Type

  • Agriculture tractors
  • Harvesters
  • Soil preparation & cultivation equipment
  • Irrigation & crop processing equipment
  • Agriculture spraying equipment
  • Hay & forage equipment
  • Other agriculture equipment

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • France
    • Germany
    • U.K.
    • Rest of Europe

  • Asia-Pacific

    • India
    • China
    • Japan

  • Rest of Asia-Pacific

    • LAMEA
    • Latin America
    • Africa
    • Middle East

KEY PLAYERS:

  • Deere & Company
  • Mahindra Group
  • AGCO Corporation
  • Agrostroj Pelhrimov A.s
  • Concern Tractor Plants
  • Escorts Limited
  • China National Machinery Industry Corporation
  • Valmont Industries Incorporated.
  • Weifang Euroking Machinery
  • Same Deutz-Fahr Group (SDF)

CHAPTER 1 INTRODUCTION

1.1 Report description

1.2 Key benefits

1.3 Key market segments

1.4 Research methodology

1.4.1 Secondary research

1.4.2 Primary research

1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope

3.2 Key findings

3.2.1 Top impacting factor

3.2.2 Top investment pockets

3.2.3 Top winning strategies

3.3 Value chain analysis

3.4 Porters five forces analysis

3.4.1 Availability of numerous players, results in high bargaining power of buyers

3.4.2 Number of quality raw material suppliers, decreases the bargaining power of suppliers

3.4.3 Industry giants limit the emergence of new entrants

3.4.4 Lack of viable substitute leads to low threat of substitutes

3.4.5 Well- established brands and matured market lead to intense rivalry among competitors

3.5 Market positioning, 2015

3.6 Market dynamics

3.6.1 Drivers

3.6.1.1 Mechanization of activities in agriculture

3.6.1.2 Economic stability and growing population

3.6.1.3 Precision farming

3.6.2 Restraints

3.6.2.1 Lack of information about the efficient agriculture equipment among farmers

3.6.2.2 Decreasing arable land

3.6.3 Opportunities

3.6.3.1 Government support

CHAPTER 4 WORLD AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE

4.1 Agriculture tractors

4.1.1 Key market trends

4.1.2 Key drivers and opportunities

4.1.3 Market size and forecast

4.2 Harvester

4.2.1 Key market trends

4.2.2 Key drivers and opportunities

4.2.3 Market size and forecast

4.3 Soil preparation & cultivation equipment

4.3.1 Key market trends

4.3.2 Key drivers and opportunities

4.3.3 Market size and forecast

4.4 Irrigation & crop processing equipment

4.4.1 Key market trends

4.4.2 Key drivers and opportunities

4.4.3 Market size and forecast

4.5 Agriculture spraying equipment

4.5.1 Key market trends

4.5.2 Key drivers and opportunities

4.5.3 Market size and forecast

4.6 Hay & forage equipment

4.6.1 Key market trends

4.6.2 Key drivers and opportunities

4.6.3 Market size and forecast

4.7 Other agriculture equipment

4.7.1 Key market trends

4.7.2 Key drivers and opportunities

4.7.3 Market size and forecast

CHAPTER 5 WORLD AGRICULTURE EQUIPMENT MARKET BY GEOGRAPHY

5.1 North America

5.1.1 Key market trends

5.1.2 Key drivers and opportunities

5.1.3 Market size and forecast

5.1.3.1 United States

5.1.3.1.1 Market size and forecast

5.1.3.2 Canada

5.1.3.1.2 Market size and forecast

5.1.3.3 Mexico

5.1.3.1.3 Market size and forecast

5.2 Europe

5.2.1 Key market trends

5.2.2 Key drivers and opportunities

5.2.3 Market size and forecast

5.2.3.1 France

5.2.3.1.1 Market size and forecast

5.2.3.2 Germany

5.2.3.1.2 Market size and forecast

5.2.3.3 U.K.

5.2.3.1.3 Market size and forecast

5.2.3.4 Rest of Europe

5.2.3.1.4 Market size and forecast

5.3 Asia-Pacific

5.3.1 Key market trends

5.3.2 Key drivers and opportunities

5.3.3 Market size and forecast

5.3.3.1 India

5.3.3.1.1 Market size and forecast

5.3.3.2 China

5.3.3.1.2 Market size and forecast

5.3.3.3 Japan

5.3.3.1.3 Market size and forecast

5.3.3.4 Rest of Asia-Pacific

5.3.3.1.4 Market size and forecast

5.4 LAMEA

5.4.1 Key market trends

5.4.2 Key drivers and opportunities

5.4.3 Market size and forecast

5.4.3.1 Latin America

5.4.3.1.1 Market size and forecast

5.4.3.2 Africa

5.4.3.1.2 Market size and forecast

5.4.3.3 Middle East

5.4.3.1.3 Market size and forecast

CHAPTER 6 COMPANY PROFILES

6.1 Mahindra Group

6.1.1 Company Overview

6.1.2 Operating Business Segments

6.1.3 Business Performance

6.1.4 Strategic Moves and Developments

6.1.5 SWOT Analysis of Mahindra Group

6.2 Escort Limited

6.2.1 Company overview

6.2.2 Operating Business Segments

6.2.3 Business Performance

6.2.4 Key Strategies and Developments

6.2.5 SWOT Analysis of Escort Limited

6.3 Valmont Industries, Inc.

6.3.1 Company Overview

6.3.2 Operating Business Segments

6.3.3 Business performance

6.3.4 Key Strategies and Developments

6.3.5 SWOT Analysis of Valmont Industries, Inc.

6.4 Deere & Company

6.4.1 Company overview

6.4.2 Operating Business Segments

6.4.3 Business Performance

6.4.4 Key Strategies and Developments

6.4.5 SWOT Analysis of Deere & Company

6.5 AGCO Corporation

6.5.1 Company Overview

6.5.2 Business performance

6.5.3 Key strategies and developments

6.5.4 SWOT Analysis of AGCO Corporation

6.6 Same Deutz-Fahr Group (SDF)

6.6.1 Company Overview

6.6.2 Business Performance

6.6.3 Key Strategies and Developments

6.6.4 SWOT Analysis of Same Deutz-Fahr

6.7 Agrostroj Pelhrimov A.s.

6.7.1 Company overview

6.7.2 Key strategies and developments

6.7.3 SWOT Analysis of Agrostroj Pelhrimov A.S

6.8 China National Machinery Industry Corporation (Sinomach)

6.8.1 Company Overview

6.8.2 Operating Business Segments

6.8.3 SWOT Analysis of China National Machinery Industry Corporation

6.9 Weifang Euroking Machinery

6.9.1 Company Overview

6.9.2 SWOT Analysis of Weifang Euroking Machinery

6.10 Concern Tractor Plants

6.10.1 Company Overview

6.10.2 SWOT Analysis of Concern Tractor Plants

LIST OF TABLES

TABLE 1 WORLD AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)

TABLE 2 WORLD AGRICULTURE TRACTOR MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)

TABLE 3 WORLD AGRICULTURE TRACTOR MARKET VOLUME BY GEOGRAPHY, 2015-2022 (000 UNITS)

TABLE 4 WORLD HARVESTER MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)

TABLE 5 WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)

TABLE 6 WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)

TABLE 7 WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)

TABLE 8 WORLD HAY & FORGAE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)

TABLE 9 WORLD OTHER AGRICULTURE EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022 ($MILLION)

TABLE 10 WORLD AGRICULTURE EQUIPMENT MARKET REVENUE, BY GEOGRAPHY, 20152022 ($MILLION)

TABLE 11 NORTH AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)

TABLE 12 EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)

TABLE 13 ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)

TABLE 14 LAMEA AGRICULTURE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 20152022 ($MILLION)

TABLE 15 MAHINDRA GROUP- COMPANY SNAPSHOT

TABLE 16 MAHINDRA GROUP - OPERATING SEGMENTS

TABLE 17 ESCORT LIMITED- COMPANY SNAPSHOT

TABLE 18 ESCORT LIMITED - OPERATING SEGMENTS

TABLE 19 VALMONT INDUSTRIES, INC. - COMPANY SNAPSHOT

TABLE 20 VALMONT INDUSTRIES, INC. - OPERATING SEGMENTS

TABLE 21 DEERE & COMPANY- COMPANY SNAPSHOT

TABLE 22 DEERE & COMPANY - OPERATING SEGMENTS

TABLE 23 AGCO CORPORATION- COMPANY SNAPSHOT

TABLE 24 SAME DEUTZ-FAHR GROUP- COMPANY SNAPSHOT

TABLE 25 AGROSTROJ PELHRIMOV A.S- COMPANY SNAPSHOT

TABLE 26 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION-COMPANY SNAPSHOT

TABLE 27 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION- OPERATING SEGMENTS

TABLE 28 WEIFANG EUROKING MACHINERY- COMPANY SNAPSHOT

TABLE 29 CONCERN TRACTOR PLANTS-COMPANY SNAPSHOT

LIST OF FIGURES

FIG. 1 TOP IMPACTING FACTORS

FIG. 2 TOP INVESTMENT POCKETS

FIG. 3 TOP WINNING STRATEGIES

FIG. 4 VALUE CHAIN ANALYSIS

FIG. 5 PORTERS FIVE FORCES MODEL

FIG. 6 MARKET POSITIONING, 2015

FIG. 7 AGRICULTURE EQUIPMENT GROWTH IN CAMBODIA, 2009-2012

FIG. 8 WORLD POPULATION (BILLION), 2010-2050

FIG. 9 WORLD AND REGIONAL PER CAPITA FOOD CONSUMPTION (KCAL/PERSON/DAY)

FIG. 10 PROCESS OF PRECISION FARMING

FIG. 11 WORLD AGRICULTURE EQUIPMENT MARKET BY PRODUCT TYPE, 2015 & 2022 (%SHARE)

FIG. 12 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD AGRICULTURE TRACTOR MARKET, 2015 & 2022 (%)

FIG. 13 WORLD AGRICULTURE TRACTOR MARKET REVENUE, 2015-2022 ($MILLION)

FIG. 14 WORLD AGRICULTURE TRACTOR MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)

FIG. 15 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HARVESTER MARKET, 2015 & 2022 (%)

FIG. 16 WORLD HARVESTER MARKET REVENUE, 2015-2022 ($MILLION)

FIG. 17 WORLD HARVESTER MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)

FIG. 18 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 19 WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)

FIG. 20 WORLD SOIL PREPARATION & CULTIVATION EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)

FIG. 21 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 22 WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)

FIG. 23 WORLD IRRIGATION & CROP PROCESSING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)

FIG. 24 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 25 WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)

FIG. 26 WORLD AGRICULTURE SPRAYING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)

FIG. 27 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HAY AND FORAGE EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 28 WORLD HAY & FORAGE EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)

FIG. 29 WORLD HAY & FORAGE EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)

FIG. 30 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD OTHER AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 31 WORLD OTHER AGRICULTURE EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)

FIG. 32 WORLD OTHER AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)

FIG. 33 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AGRICULTURE EQUIPMENT MARKET BY GEOGRAPHY, 2015 AND 2022 (%)

FIG. 34 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF NORTH AMERICA AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 35 UNITED STATES AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 36 CANADA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 37 MEXICO AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 38 NORTH AMERICA AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)

FIG. 39 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF EUROPE AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 40 FRANCE AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 41 GERMANY AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 42 U.K. AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 43 REST OF EUROPE AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 44 EUROPE AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)

FIG. 45 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 46 INDIA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 47 CHINA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 48 JAPAN AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 49 REST OF ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 50 ASIA-PACIFIC AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)

FIG. 51 COMPARITIVE PRODUCT TYPE MARKET SHARE ANALYSIS OF LAMEA AGRICULTURE EQUIPMENT MARKET, 2015 & 2022 (%)

FIG. 52 LATIN AMERICA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 53 AFRICA AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 54 MIDDLE EAST AGRICULTURE EQUIPMENT MARKET REVENUE, 20152022 ($MILLION)

FIG. 55 LAMEA AGRICULTURE EQUIPMENT MARKET SHARE ANALYSIS BY COUNTRIES, 2015-2022 (%)

FIG. 56 MAHINDRA GROUP: REVENUE, 20132015 ($MILLION)

FIG. 57 MAHINDRA GROUP: SWOT ANALYSIS

FIG. 58 ESCORT LIMITED- REVENUE, 20122015 ($MILLION)

FIG. 59 ESCORT LIMITED- REVENUE OF BY SEGMENTS (%), 2015

FIG. 60 ESCORT LIMITED- REVENUE OF BY REGION (%), 2015

FIG. 61 ESCORT LIMITED- SWOT ANALYSIS

FIG. 62 VALMONT INDUSTRIES, INC. - SWOT ANALYSIS

FIG. 63 REVENUE OF VALMONT INDUSTRIES, INC., 20132015 ($MILLION)

FIG. 64 REVENUE OF VALMONT INDUSTRIES, INC., BY REGION (%), 2015

FIG. 65 REVENUE OF VALMONT INDUSTRIES, INC., BY BUSINESS SEGMENTS (%), 2015

FIG. 66 DEERE & COMPANY- REVENUE, 20132015 ($MILLION)

FIG. 67 DEERE & COMPANY- SWOT ANALYSIS

FIG. 68 AGCO CORPORATION-REVENUE, 20132015 ($MILLION)

FIG. 69 AGCO CORPORATION- REVENUE BY REGION (%), 2015

FIG. 70 AGCO CORPORATION- SWOT ANALYSIS

FIG. 71 SAME DEUTZ-FAHR GROUP- REVENUE, 20122014 ($MILLION)

FIG. 72 SAME DEUTZ-FAHR GROUP- REVENUE OF BY PRODUCTS (%), 2014

FIG. 73 SAME DEUTZ-FAHR GROUP- REVENUE BY REGION, (%) 2014

FIG. 74 SAME DEUTZ-FAHR- SWOT ANALYSIS

FIG. 75 AGROSTROJ PELHRIMOV A.S- SWOT ANALYSIS

FIG. 76 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION- SWOT ANALYSIS

FIG. 77 WEIFANG EUROKING MACHINERY- SWOT ANALYSIS

FIG. 78 CONCERN TRACTOR PLANTS- SWOT ANALYSIS

 
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