Farm Mechanization market

Farm Mechanization Market, Global Outlook and Forecast 2023-2029

  • 20 May 2023
  • ICT & Media
  • 102 Pages
  • Report code : PMR-7693408

  • 4.7 (158)

Farm Mechanization Market

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Farm mechanization automates the agricultural process by utilizing the agricultural machinery with the aim to increase the productivity and profitability of farm workers. This mechanized farming technique helps the farmers to gain accuracy in farm operations, delivers precision in metering and placement of inputs, lowers the available input losses, enhances the utilization efficiency of expensive inputs such as seed, chemical, fertilizer, irrigation, and water, and reduces the unit cost of the total produce. Farm mechanization also aids in the conservation of the agricultural produce and by-products from quantitative and qualitative damages, enables the establishment of agro-processing enterprises for additional income, and employment generation from farm produce.

Farm Mechanization Market aims to provide a comprehensive presentation of the global market for Farm Mechanization, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Farm Mechanization. Farm Mechanization Market contains market size and forecasts of Farm Mechanization in global, including the following market information:

Global Farm Mechanization Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global top five companies in 2022 (%)

The global Farm Mechanization market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The tractor segment is one of the highest revenue generating sectors in the farm mechanization market. Factors such as the increasing rate of farm mechanization and the low availability of manual labor are likely to boost this segment?s growth in the future. Moreover, the growth of the rural sector supported by government subsidies for food, fertilizers, agricultural equipment, and programs to waive farm loans have helped the tractor market in India grow robustly.

We surveyed the Farm Mechanization companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Farm Mechanization Market, by Type, 2018-2023, 2024-2029 ($ millions)

Global Farm Mechanization Market Segment Percentages, by Type, 2022 (%)

Tractor

Harvester

Power Tiller

Rice Transplanter

Laser and Leveler

Other

Global Farm Mechanization Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Farm Mechanization Market Segment Percentages, by Application, 2022 (%)

Government

Individual Users

Other

Global Farm Mechanization Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Farm Mechanization Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Farm Mechanization revenues in global market, 2018-2023 (estimated), ($ millions)

Key companies Farm Mechanization revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

John Deere

Mahindra

TAFE

International Tractors

AGCO

Beri Udyog

CLAAS

CNH Industrial

Daedong Industrial

Escorts Group

Fotol Lovol

Kubota Tractors

KUHN Group

Lemken India

McCormick

Pottinger

SDF Group

Outline of Major Chapters:

Chapter 1: Introduces the definition of Farm Mechanization, market overview.

Chapter 2: Global Farm Mechanization market size in revenue.

Chapter 3: Detailed analysis of Farm Mechanization company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Farm Mechanization in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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