This report classifies and defines the equipment market. It provides comprehensive analyses and insights on the agriculture equipment (qualitative and quantitative). The report highlights potential growth opportunities in the coming years as well as it covers review of the drivers, restraints, growth indicators, challenges, competitive landscape, and other key aspects related to the agriculture equipment market. The key players in the agriculture equipment market have been identified and profiled.
The agriculture equipment market is dominated by few prominent players, with many other small- or medium-scale players accounting for the market share. Few of the key players are AGCO Corp. (U.S.), CNH Industrial N.V. (U.K.), Iseki & Co., Ltd. (Japan), J.C. Bamford Excavators Limited (U.K.), Kubota Corporation (Japan), Mahindra & Mahindra Limited (India) and Deere & Company (U.S.). The leading strategies adopted by these key market players are ‘geographic expansion’ and ‘new product development’.
SCOPE OF THE REPORT
The report defines, segments, and studies the agriculture equipment market in terms of value. The market size is provided in terms of USD Billion ($Billion). The market has been broadly classified by propulsion (self-propelled & implements) and by region (Asia-Oceania, Europe, North America, and RoW). The self propelled equipment market has been classified into (tractors & combines), while the implements market has been classified in terms of its functions (harvesting, planting and fertilizing, haying, plowing and cultivating and others). The tractors market is further segmented based on their power rating (<40hp, 40-80hp, and >80hp).