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Agriculture Equipment Market - Sales Will Reach 2,594,493 Units By 2022


News provided by

Research and Markets

11 Feb, 2016, 14:10 GMT

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Research and Markets Logo. (PRNewsFoto/PR NEWSWIRE EUROPE)

DUBLIN, Feb. 11, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/npfd2v/global_powered) has announced the addition of the "Global Powered Agriculture Equipment Market - Analysis & Forecast from 2016 to 2022" report to their offering.

Owing to the necessity of speeding the agriculture production and reducing requirement of the manual labor, the agriculture equipment market is anticipated to grow at a CAGR of 2.3% through the forecast period.

The report is a compilation of different segments of global agriculture equipment market, including market breakdown by key products. Herein the sales volume of each of the key products of the market is tracked to calculate the size of the market.

The report has put special emphasis on the sales volume of the five key types of agriculture equipment, owing to the changing paradigms in the industry. In spite of this, majority of farmers especially in rural areas resist adopting the agriculture equipment due to the high cost of the equipment.

The APAC countries, mainly India and China made maximum sales of the agricultural equipment in the year 2015, followed by North America in the global agriculture equipment industry among all the regions. Since agriculture industry is of utmost importance to most of the countries in the world, the overall demand of agriculture equipment will increase and the sales will reach 2,594,493 units by 2022.

The report answers the following questions about the global agriculture equipment market:

  • Which are the most sought-after equipment in agriculture sector?
  • What are the existing and predicted sales volumes of the equipment?
  • What are the different factors driving the market in the forecast period?
  • What are the factors challenging the growth of Global Agriculture Equipment Market?
  • Who are the different key participants in the Global Agriculture Equipment Market?
  • What kind of new strategies are being adopted by existing market players to make a mark in the industry?
  • Which region is making the maximum sales in the Global Agriculture Equipment Market by the end of forecast period?

Companies Mentioned:

  • Agco Corporation
  • Alamo Group
  • CNH Industrial Nv
  • Claas Group
  • Deere & Company
  • Escorts Group
  • Iseki & Company Limited
  • Kubota Corporation
  • Mahindra & Mahindra (M&M)
  • Same Deutz-Fahr Group S.P.A.

Key Topics Covered:

1 Executive Summary

2 Scope & Research Methodology

3 Market Dynamics

4 Industry Trends

5 Competitive Landscape

6 Agriculture Equipment Market, By Equipment

7 Geographical Analysis

8 Company Profiles

For more information visit http://www.researchandmarkets.com/research/npfd2v/global_powered

Media Contact:

Laura Wood , +353-1-481-1716, press@researchandmarkets.net

Related Links

http://www.researchandmarkets.com

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