Agricoltura
Agricultural and Forestry Machinery Market to Reach ~USD 400 Billion Valuation by 2029: Transparency Market Research
ALBANY, New York , May 19, 2020 /PRNewswire/ -- World over, agriculturists are striving to improve yield by keeping costs down. This is paving way for technology to save the day, leading to mechanization. This, in turn, helps the agricultural and forestry machinery market to chart a notable growth curve over the next few years.
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The market for agricultural and forestry machinery market is being driven forward by a host of trends and drivers. The prominent ones, as identified by Transparency Market Research, have been outlined below:
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In the report prepared by Transparency Market Research on Global Agricultural and Forestry Machinery Market, prominent players are profiled in great detail – from financials and product offerings to strategies and recent developments.
Renowned market players include Deere & Company, AGCO Corporation, Caterpillar Inc., Kubota Corporation, Class KGaA mbH, and Mahindra & Mahindra, among others. Most players are focused upon product development and innovation as technology and increased functionality hold key to growth in the future.
Investments are increasing in the domain as players are trying to diversify product portfolio and expand presence in new markets. The latter is usually achieved through strategic alliances such as mergers and collaborations.
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Factory Automation Industry
Pharmaceutical Packaging Equipment Market – The pharmaceutical packaging equipment market is likely to clock a CAGR of 6.7% over the forecast period between 2017 and 2025, for the market to be worth US$10.69 bn by 2025-end.
Medical Gas Analyzer Market – The global market for medical gas analyzer is also expected to witness the entry of new and amateur players who could disrupt the dynamics of this market's competitive landscape. While the solid position attained by the leading vendors in the global medical gas analyzers market remains unchallenged, the entry of too many new players could invite a strategic business response from the former.
Laboratory Vacuum Pumps Market – The global laboratory vacuum pump market is distributed among a small chunk of players who operate at the international level. However, the players of this market cannot afford to stay ahead of the curve merely on the back of their existing products, as innovation is essential to maintain the stronghold.
Mechanized Irrigation Systems Market – The global mechanized irrigation systems market was worth US$10.0 bn in 2015, and estimates it to swell to a worth of US$35.0 bn by the end of 2015. As mechanized irrigation systems are adaptable to diverse conditions of crop, weather, soil type, and field conditions, the vendors operating in this market are expected to gain ample of opportunities in all regions across the globe.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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