Deerfield Beach, FL -- (SBWIRE) -- 08/12/2015 -- Agricultural Machinery Market in India 2015-2019

About agricultural machinery
Agricultural machinery is used in various agricultural activities such as sowing, reaping, and application of fertilizers. Some of the key agricultural machinery includes tractor, power tiller, rotavator, and thresher.

Agriculture plays a major role in India's GDP as well as a source of employment. In the country, over 70% people depends on agriculture as the major source of income. According tthe Central Statistics Office, National Statistical Organization, India, the agriculture and allied sector contributed 13.90% tGDP during 2013-2014 (at 2004-2005 constant prices).

Agricultural machinery market in India tgrow at a CAGR of 7.93% over the period 2014-2019.

Covered in this report
This report covers the present scenariand the growth prospects of the agricultural machinery market in India during the period 2015-2019. Tcalculate the market size, the report considers the revenue generated from the sales of the following products:

Tractor
Rotavator
Power tiller
Thresher

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Agricultural Machinery Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the agricultural machinery market in India and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
Deere
Mahindra & Mahindra
Sonalika (International Tractors)
Tractors and Farm Equipment (TAFE)
V.S.T. Tillers Tractors

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Other prominent vendors
AGCO
Beri Udyog
CLAAS
CNH
Daedong Industrial
Escorts Group
Foton Lovol
Kubota
KUHN Group
LEMKEN
McCormick International
P?ttinger
SAME DEUTZ-FAHR Group

Key market driver
Rising population
For a full, detailed list, view our report

Key market challenge
Fluctuations in raw material prices
For a full, detailed list, view our report

Key market trend
Integration of robotic systems and GPS in agricultural machines
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges tmarket growth?
Whare the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?