Boonton, NJ -- (SBWIRE) -- 10/22/2018 -- Global Agriculture and Farm Equipment Market Analysis
According to Verified Market Intelligence, The Global Agriculture and Farm Equipment Market was valued at USD 166.5 Billion in 2017 and is projected to reach USD 244.7 billion by 2025, growing at a CAGR of 7.6% from 2018 to 2025.
What is Agriculture and Farm Equipment?
With the increasing development and implementation of technology in various industries comes the application of equipment in the agriculture and farm industry. The use of equipment in this industry makes processes and tasks much simpler as well as efficient while effectively being able to reduce the work that is needed to be done by humans. There are several products that can be implemented in the agriculture and farm industry such as Irrigation & crop processing equipment, Spraying Equipment, Hay & forage equipment, Tractors, Harvesters and more. The Agriculture and Farm equipment market is growing due to the increasing usage of the equipment which can be used in a variety of applications throughout farm and agriculture.
PDF Sample Analysing current Industry Scenario with Trends - http://bit.ly/Agriculture-And-Farm-Equipment
Global Agriculture and Farm Equipment Market Outlook
There are several factors that drive the Agriculture and Farm Equipment market, such as the reduction in the workload for humans as well as the increase in the efficiency as well as the accuracy in which the work is being performed. Factors such as the price of the equipment as well as the lack awareness when it comes to the wide range of equipment that is available for a various range of applications in terms of farm and agriculture are restraining the market for Agriculture and Farm Equipment.
Global Agriculture and Farm Equipment Market Competitive Landscape
The "Global Agriculture and Farm Equipment Market" study report will provide a valuable insight with an emphasis on global market including some of the major players such as CNH Industrial N.V., Iseki & Co., Ltd., Same Deutz-Fahr Group S.P.A. (SDF), J.C. Bamford Excavators Limited, Kubota Corporation, Mahindra & Mahindra Limited, Deere & Company., AGCO Corporation and Morris Industries Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Agriculture and Farm Equipment Market Segmentation, by Product
Irrigation & crop processing equipment
Hay & forage equipment
Global Agriculture and Farm Equipment Market Segmentation, by Application
Sowing & planting
Land development & seedbed preparation
Harvesting & Threshing
Post-harvest & agro-processing
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Global Agriculture and Farm Equipment Market Geographic Scope
Rest of Europe
Rest of Asia Pacific
Rest of the World