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Agriculture & Farm Equipment Market Segmentation, Opportunities, Trends & Future Scope to 2025

On the basis of Product:

On the basis of Product: Tractors dominate the product category and is estimated to account over 20% of total revenue in 2015 after harvesters. Tractors are the most efficient and effective equipment in the agricultural sector as they can perform several activities in the process of farming. Harvesters are expected to grow at a CAGR of 5% through 2014- 25. Other product segment includes thrasher, combine harvester, rotavator, Zero Till Seed Drill, Power Tiller, Multi Crop Planter, Drip Irrigation, Sprinkler Irrigation, Power Weeder, Power Spray. On The basis of Application: The products are divided as per the processes in farming such as Sowing & Planting Equipment, Land Development/Seed Bed Preparation/Tillage Equipment, Plant Protection Equipment, Water Inter Cultivation equipment, Agro Processing and Harvesting & Threshing. Threshing and Harvesting expect the fast growth of a CAGR over 6% through the forecast period. Land Development/Seed Bed Preparation/Tillage contributed over 15% of the global revenue in 2015. Agriculture is labor intensive, and the scarcity of farm labor will be the key fueling factor to the increasing demand for agricultural equipment. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/agriculture-farm-equipment-market/request-sample Regional Insights North America Dominated the Agriculture equipment market in 2015. The driving factors behind the most usage of agriculture equipment are the scarcity of labor, improved features and fuel efficiency of the machinery and demand for the food. However, North America and Europe are expected to show moderate growth over the period. The Asia Pacific region is projected to be fastest growing market during the forecasted period owing to India and China are emerging as the fastest growing market. China dominates the region by contributing over 20% of the regional revenue share in 2015. Developing countries are showing strong economic growth, such as India, Middle Eastern countries and China, which will further fuel the growth of the agricultural equipment industry. See More Reports of this Category by Million Insights @: https://www.millioninsights.com/industry/automotive-and-transport Competitive Insights The Agriculture machinery market is highly fragmented and competitive due to the existence of prominent players along with some other medium or small-scale participants. Key players in the agriculture industry include Mitsubishi

Agricultural Machinery Co. Ltd., AGCO Corp., Same Deutz-Fahr Group S.p.A. (SDF), Iseki & Co., Ltd., Kubota Corporation, Deere & Company Mahindra & Mahindra Limited. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184 Email: sales@millioninsights.com Visit Our Blog: www.millioninsights.blogspot.com

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