The latest report by Fortune Business Insights, titled “Agriculture Equipment Market Size: Global Industry Growth, Share, Size, Trends, Opportunity, and Forecast [2021-2028]”, offers a comprehensive analysis of the industry, which comprises insights on Agriculture Equipment Market Size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.The global agriculture equipment market size was USD 148.41 billion in 2020. The market is projected to grow from USD 157.89 billion in 2021 to USD 253.28 billion in 2028 at a CAGR of 7.0% during the 2021-2028 period.
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Key Industry Development:
May 2021 – To make sustainable agricultural product implementation more efficient and effective while driving farm and environmental sustainability, AGCO Corporation has signed a cooperation agreement with BASF Digital Farming GmbH, Raven Industries Inc., and Robert Bosch GmbH. With this, the company is aiming to evaluate targeted spraying technology.
March 2020 – Kubota Corporation acquired 10% equity shares in Escorts Ltd. to expand the product life in development, manufacturing, and sourcing for the Indian and global markets.
Key Players Insights:
- Deere & Company (Illinois, U.S.)
- AGCO Corporation (Georgia, U.S.)
- Alamo Group Inc. (Texas, U.S.)
- Kubota Corporation (Osaka, Japan)
- Mahindra & Mahindra Ltd. (Maharashtra, India)
- CNH Industrial N.V. (Amsterdam, Netherlands)
- Iseki & Co., Ltd. (Ehime-ken, Japan)
- Claas KGaA mbH (Westphalia, Germany)
- China National Machinery Industry Corporation (Beijing, P.R. China)
- Valmont Industries, Inc. (Nebraska, U.S.)
- Sonalika Group – Sonalika International Tractor (Punjab, India)
- SDF S.p.A. (Treviglio, Italy)
- Escort Limited (Haryana, India)
- Agrostroj Pelhrimov A.s. (Czechia)
- Weifang Euroking Machinery (Shandong Province, China)
- Concern Tractor Plants (Cheboksary, Russia)
- Agromaster (Konya, Turkey)
Scope of the Report:
This market study covers the global and regional markets with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the worldwide market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts.
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Agriculture Equipment Market Size Report Scope
Research Methodology:
We follow a robust research methodology that involves data triangulation based on top-down, and bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country levels is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, trends, etc.
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Agriculture Equipment Market Size Key Points from TOC
- Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
- Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers, and Acquisitions
- Global Agriculture Equipment Market Size Analysis, Insights, and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
……………
- Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
- Company Profiles
- Strategic Recommendations
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic Market intelligence, providing a granular overview of the market they are operating in.
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