Global Agriculture Equipment report from Global Insight Services is the single authoritative source of intelligence on Agriculture Equipment market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Market Segments
The Agriculture Equipment Market is segmented by type, automation, business, and region. By type, the market is categorized into tractors, harvesters, soil preparation & cultivation, other agriculture equipment. Depending on automation, it is classified into manual, semi-automatic, and automatic equipment. Considering business, the market is classified into original equipment manufacturers (OEMs) and aftersales. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Agriculture Equipment Market includes players such as Mahindra & Mahindra Ltd., Escorts Limited, CNH Industrial N.V., Deere & Company, AGCO Corporation, SDF S.p.A., AGROSTROJ Pelh?imov, a.s., China National Machinery Industry Corporation Ltd. (Sinomach), J C Bamford Excavators Ltd., and Kubota Corporation.
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Key Drivers
There are many key drivers of the agriculture equipment market. The most important drivers are population growth, technological advances, and the increasing demand for food.
The world population is projected to grow from 7.6 billion in 2017 to 9.8 billion by 2050. This population growth will lead to an increase in the demand for food. In order to meet this demand, farmers will need to increase their production. This can be done by using more efficient methods of production, such as using agricultural equipment.
Technological advances have led to the development of new and improved agricultural equipment. This equipment is more efficient and effective than ever before, and it can help farmers to increase their production.
The increasing demand for food will also lead to an increase in the demand for agricultural equipment. This equipment is essential for farmers to be able to produce the food that is needed.
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