Report overview
The global Powered Agriculture Equipment market was valued at 8041.68 Million USD in 2021 and will grow with a CAGR of 4.28% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Powered Agriculture Equipment is machinery used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. Diverse arrays of equipment are used in both organic and nonorganic farming. Especially since the advent of mechanised agriculture, agricultural machinery is an indispensable part of how the world is fed.The basic technology of agricultural machines has changed little in the last century. Though modern harvesters and planters may do a better job or be slightly tweaked from their predecessors, the US$250,000 combine of today still cuts, threshes, and separates grain in the same way it has always been done. However, technology is changing the way that humans operate the machines, as computer monitoring systems, GPS locators, and self-steer programs allow the most advanced tractors and implements to be more precise and less wasteful in the use of fuel, seed, or fertilizer.
By Market Verdors:
Agco Corporation
CNH Industrial
Deere & Company
Kubota Corporation
Claas Group
Alamo Group
Escorts Group
Mahindra & Mahindra
Same Deutz-Fahr Group
Iseki & Company
Minsk Tractor Works (MTZ)
Manitou Group
By Types:
Tractors
Combine/Combine Harvester
Sprayer
Seed Drill
Soil Preparation & Cultivation Equipment
By Applications:
Farming
Animal Husbandry
Forestry Industry
Fishery Industry
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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