Agricultural Machinery Market Size is Projected to Reach 118.2 Billion USD by 2026 - Valuates Reports

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-35S2009/Global_Agricultural_Machinery

TRENDS INFLUENCING THE AGRICULTURAL MACHINERY MARKET SIZE:

The major factor that is expected to increase the growth of Agricultural Machinery Market size is the increasing food demand globally is expected to have a positive impact on the market over the forecast period.

The use of farm machinery helps to achieve high crop yield in comparatively less time and minimal efforts. Furthermore, the use of automated and semi-automatic machinery for agriculture decreases the need for human labor on farms, which in effect reduces the costs incurred by manpower. These advantages are expected to increase the Agricultural Machinery Market size.

The increasing government subsidies to invest in better equipment along with favorable government policies, such as encouraging FDI in developed countries' agriculture sector is expected to increase the Agricultural Machinery Market size during the forecast period.

The Agricultural Machinery Market improves crop productivity by reducing downtime and allowing highly efficient operations. This feature is expected to increase the Agricultural Machinery Market size.

Continuous fluctuations in raw material prices make it difficult for manufacturers to produce quality products at fair prices, which hinders the growth of the Agricultural Machinery Market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-35S2009/global-agricultural-machinery

AGRICULTURAL MACHINERY MARKET SHARE

High demand for agricultural products and increasing farm mechanization rates are driving industry growth in developing countries.

Due to the large-scale production of agricultural equipment internationally, the OEM segment accounted for over half of the global Agricultural Machinery Market share in 2019.

Based on the type of machinery, the tractors segment produced the highest revenue in the global Agricultural Machinery Market, owing to an increase in tractor adoption in small, medium, and large farms.

Based on the Asia-Pacific, it is projected to hold the largest Agricultural Machinery Market share during the forecast period. The LAMEA region is expected to expand at the highest growth rate. The dominance of Asia Pacific is attributed to the rise in population in countries such as India and China, among others whose primary population depends on farming to earn their livelihood.

By Region

Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-35S2009/Global_Agricultural_Machinery

AGRICULTURAL MACHINERY MARKET BY SEGMENTATION

Segment by Type

Segment by Application

Top Companies in the Agricultural Machinery Market

The Agricultural Machinery Market is highly competitive, with major OEM companies dominating the market.

Key Companies are

Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-35S2009&lic=single-user 

Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-35S2009&lic=enterprise-user 

SIMILAR REPORTS

The global Agricultural Equipment market size is projected to reach USD 115320 Million by 2026, from USD 111360 Million in 2020.

The major drivers of the growth of Agricultural Equipment Market size are rising food consumption, increase in crop production, availability of credit, availability of resources, and technological development.

The key regions covered in the Agricultural Equipment market report are North America, Europe, China, and Japan.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3C147/global-agricultural-equipment

The global Farm Equipment market size is projected to reach USD 170980 Million by 2026, from USD 164230 Million in 2020.

The Farm Equipment Market report includes country-wise and region-wise market size for the period 2015-2026. The report also includes Farm Equipment Market size and forecast by type and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-4K273/farm-equipment

The global Agriculture Tractors market is growing remarkably fast and is likely to thrive in terms of volume and revenue during the forecast period.

Major factors driving the Agriculture Tractors Market size are rapid urbanization resulting in a farm labor shortage and the increasing demand for food production. 

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-18X1629/global-agriculture-tractors

Increasing the need for operational efficiency & productivity, increasing labor costs, and growth in mechanization trend drives the growth of Farm Tractors Market size. However, the high costs of farm machinery hamper the market growth.

Claas KGaA mbH, CNH Industrial N.V., AGCO Corporation, Mahindra & Mahindra Ltd., Deere & Company, Kubota Corporation, Yanmar Co., Ltd., Tractors and Farm Equipment Limited, Zetor Tractors A.S., and Alamo Group, Inc. are some of the major key players operating in the global farm tractors market.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-0M21/farm-tractors 

North America is expected to hold the largest Agricultural Planting & Fertilizing Machinery Market major share, as compared to Europe during the forecast period, owing to the high landmass and extensive, large-scale farming practices.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-26G1094/global-agricultural-planting-fertilizing-machinery 

Fertilizing machinery is primarily used in the application of fertilizers in large landholdings and also in smaller units where accuracy plays an important role, such as sports fields and grounds.

North American and European regions have been pioneers in the use of the Agricultural Fertilizing Machinery Market. The other regions of South America and Africa also represent potential high-growth markets but require time to rebound from the present volatilities.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-34E124/global-united-states-european-union-and-china-agricultural-fertilizing-machinery 

The global Agricultural Irrigation Machinery market size is projected to reach USD 5815.2 Million by 2026, from USD 5194.2 Million in 2020.

Some of the major drivers of the Agricultural Irrigation Machinery Market are improvement in the food productivity and replacement of the declining farming population in the region with agricultural machinery.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-35P1062/global-agricultural-irrigation-machinery 

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-36P2655/global-agricultural-harvesting-machinery 

This report studies the Agricultural Pest Control market size by players, regions, product types and end industries, history data 2014-2018, and forecast data 2019-2025. 

The Agricultural Pest Control Market report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors, and Porter's Five Forces Analysis.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-24Q985/global-agricultural-pest-control 

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1I321/ploughing-and-cultivating-machinery 

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach out to our sales team to get the complete list of our data source.

CONTACT US:

Valuates Reports
[email protected]
For U.S. Toll-Free Call  1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91 9945648335 
Website: https://reports.valuates.com 
Twitter - https://twitter.com/valuatesreports 
Linkedin - https://in.linkedin.com/company/valuatesreports 
Facebook - https://www.facebook.com/valuatesreports

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg