Summary
The global Farm Mechanization Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Farm Mechanization can be defined as the use of powered machinery to perform agricultural tasks. It has greatly increased the productivity of farmworkers. Historically, working animals and manual labor were replaced with powered machines. Today, mechanized agriculture practices rely on agricultural machinery to perform daily work. Farm Mechanization improves agricultural productivity and quality. In addition, modern farm equipment is more efficient and provides greater precision, which means better yields and higher quality for farm products. However, mechanization is not without its problems. It may result in environmental degradation and the displacement of unskilled farmworkers. The global farm mechanization market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global farm mechanization market is expected to witness significant growth during the forecast period, owing to increasing demand for mechanization across emerging economies.
Market Drivers
Technological advancements in farming equipment are expected to drive growth of the global farm mechanization market during the forecast period. Key companies are involved in research and development activities, in order to launch novel farm equipment. For instance, in September 2021, VST Tillers Tractors Ltd. launched the 95 DI Ignito-Power Tiller brush cutters in India. Furthermore, in June 2021, Clean Seed Capital Group Ltd. SMART Seeder MAX in the U.S. These types of farm equipment make the farming activities far more efficient and reduce the cost of labor. Therefore, such factors are expected to drive growth of the global farm mechanization market during the forecast period. Furthermore, increasing demand for mechanization across emerging economies is expected to propel the global farm mechanization market growth over the forecast period.
Market Restraint
Lack of awareness among farmers regarding the benefits of farm mechanization and unavailability of adequate resources are expected to restrain growth of the global farm mechanization market during the forecast period.
Regional Insights
Among regions, Asia Pacific is expected to witness significant growth in the global farm mechanization market during the forecast period. This is owing to high population and agrarian countries such as India and China. Furthermore, North America is expected to register lucrative growth, owing to high adoption of large-scale farming and farming machinery in the region.
Competitive Section
Key companies involved in the global farm mechanization market are John Deere, Mahindra, Kubota Tractors, SDF Group, CNH Industrial, Daedong Industrial, Lemken India, McCormick, and SDF Group.
For instance, in July 2021, Honda India Power Products Limited launched a new compact power tiller FQ650 for various operations such as pulverizing, ground-breaking, and de-weeding.
The Farm Mechanization Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Farm Mechanization Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- John Deere
- Mahindra
- TAFE
- International Tractors
- AGCO
- Beri Udyog
- CLAAS
- CNH Industrial
- Daedong Industrial
- Escorts Group
- Fotol Lovol
- Kubota Tractors
- KUHN Group
- Lemken India
- McCormick
- Pottinger
- SDF Group
By Product Type, the market is primarily segmented into:
- Tractor
- Harvester
- Power Tiller
- Rice Transplanter
- Laser and Leveler
- Other
By Applications, the market is segmented into:
- Government
- Individual Users
- Other
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Farm Mechanization Market Report:
- To assess the size of the market by value and volume
- Analyze the Farm Mechanization Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Farm Mechanization Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Farm Mechanization Market
The Farm Mechanization Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Farm Mechanization Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Contents
Farm Mechanization Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Farm Mechanization
1.1 Farm Mechanization Market Overview
1.1.1 Farm Mechanization Product Scope
1.1.2 Market Status and Outlook
1.2 Global Farm Mechanization Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Farm Mechanization Market by Type
1.3.1 Global Farm Mechanization Revenue (Million US$) and Growth Comparison by Type (2014-2025)
1.3.2 Global Farm Mechanization Revenue Market Share by Type in 2018
1.3.3 Tractor
1.3.4 Harvester
1.3.5 Power Tiller
1.3.6 Rice Transplanter
1.3.7 Laser and Leveler
1.3.8 Other
1.4 Farm Mechanization Market by End Users/Application
1.4.1 Government
1.4.2 Individual Users
1.4.3 Other
2 Global Farm Mechanization Competition Analysis by Players
2.1 Global Farm Mechanization Market Size (Million US$) by Players (2014-2019)
2.2 Competitive Status
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 Mergers & Acquisitions, Expansion Plans
3 Company (Top Players) Profiles and Key Data
3.1 John Deere
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Farm Mechanization Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2 Mahindra
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Farm Mechanization Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3 TAFE
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Farm Mechanization Revenue (Value) (2014-2019)
3.3.5 Recent Developments
3.4 International Tractors
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Farm Mechanization Revenue (Value) (2014-2019)
3.4.5 Recent Developments
3.5 AGCO
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Farm Mechanization Revenue (Value) (2014-2019)
3.5.5 Recent Developments
3.6 Beri Udyog
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Farm Mechanization Revenue (Value) (2014-2019)
3.6.5 Recent Developments
3.7 CLAAS
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Farm Mechanization Revenue (Value) (2014-2019)
3.7.5 Recent Developments
3.8 CNH Industrial
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Farm Mechanization Revenue (Value) (2014-2019)
3.8.5 Recent Developments
3.9 Daedong Industrial
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Farm Mechanization Revenue (Value) (2014-2019)
3.9.5 Recent Developments
3.10 Escorts Group
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Farm Mechanization Revenue (Value) (2014-2019)
3.10.5 Recent Developments
3.11 Fotol Lovol
3.12 Kubota Tractors
3.13 KUHN Group
3.14 Lemken India
3.15 McCormick
3.16 Pottinger
3.17 SDF Group
4 Global Farm Mechanization Market Size by Type and Application (2014-2019)
4.1 Global Farm Mechanization Market Size by Type (2014-2019)
4.2 Global Farm Mechanization Market Size by Application (2014-2019)
4.3 Potential Application of Farm Mechanization in Future
4.4 Top Consumer/End Users of Farm Mechanization
5 North America Farm Mechanization Development Status and Outlook
5.1 North America Farm Mechanization Market Size (2014-2019)
5.2 North America Farm Mechanization Market Size and Market Share by Players (2014-2019)
5.3 North America Farm Mechanization Market Size by Application (2014-2019)
6 Europe Farm Mechanization Development Status and Outlook
6.1 Europe Farm Mechanization Market Size (2014-2019)
6.2 Europe Farm Mechanization Market Size and Market Share by Players (2014-2019)
6.3 Europe Farm Mechanization Market Size by Application (2014-2019)
7 China Farm Mechanization Development Status and Outlook
7.1 China Farm Mechanization Market Size (2014-2019)
7.2 China Farm Mechanization Market Size and Market Share by Players (2014-2019)
7.3 China Farm Mechanization Market Size by Application (2014-2019)
8 Rest of Asia Pacific Farm Mechanization Development Status and Outlook
8.1 Rest of Asia Pacific Farm Mechanization Market Size (2014-2019)
8.2 Rest of Asia Pacific Farm Mechanization Market Size and Market Share by Players (2014-2019)
8.3 Rest of Asia Pacific Farm Mechanization Market Size by Application (2014-2019)
9 Central & South America Farm Mechanization Development Status and Outlook
9.1 Central & South America Farm Mechanization Market Size (2014-2019)
9.2 Central & South America Farm Mechanization Market Size and Market Share by Players (2014-2019)
9.3 Central & South America Farm Mechanization Market Size by Application (2014-2019)
10 Middle East & Africa Farm Mechanization Development Status and Outlook
10.1 Middle East & Africa Farm Mechanization Market Size (2014-2019)
10.2 Middle East & Africa Farm Mechanization Market Size and Market Share by Players (2014-2019)
10.3 Middle East & Africa Farm Mechanization Market Size by Application (2014-2019)
11 Market Forecast by Regions and Application (2019-2025)
11.1 Global Farm Mechanization Market Size by Regions (2019-2025)
11.1.1 North America Farm Mechanization Revenue and Growth Rate (2019-2025)
11.1.2 Europe Farm Mechanization Revenue and Growth Rate (2019-2025)
11.1.3 China Farm Mechanization Revenue and Growth Rate (2019-2025)
11.1.4 Rest of Asia Pacific Farm Mechanization Revenue and Growth Rate (2019-2025)
11.1.5 Central & South America Farm Mechanization Revenue and Growth Rate (2019-2025)
11.1.6 Middle East & Africa Farm Mechanization Revenue and Growth Rate (2019-2025)
11.2 Global Farm Mechanization Market Size by Application (2019-2025)
11.3 The Market Drivers in Future
12 Farm Mechanization Market Dynamics
12.1 Industry Trends
12.2 Market Drivers
12.3 Market Challenges
12.4 Porters Five Forces Analysis
13 Research Finding /Conclusion
14 Methodology and Data Source
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
14.4 Author List
List of Table
List of Tables and Figures
Figure Global Farm Mechanization Market Size (Million USD) Status and Outlook (2014-2025)
Table Global Farm Mechanization Market Size (Million USD) and Growth Rate by Regions (2014-2025)
Figure Global Farm Mechanization Market Share by Regions (2014-2019)
Figure North America Farm Mechanization Market Size (Million USD) and Growth Rate (2014-2019)
Figure Europe Farm Mechanization Market Size (Million USD) and Growth Rate (2014-2019)
Figure China Farm Mechanization Market Size (Million USD) and Growth Rate (2014-2019)
Figure Rest of Asia Pacific Farm Mechanization Market Size (Million USD) and Growth Rate (2014-2019)
Figure Central & South America Farm Mechanization Market Size (Million USD) and Growth Rate (2014-2019)
Figure Middle East & Africa Farm Mechanization Market Size (Million USD) and Growth Rate (2014-2019)
Figure Global Farm Mechanization Market Share by Type in 2018 & 2025
Figure Tractor Market Size (Million USD) and Growth Rate (2014-2019)
Figure Harvester Market Size (Million USD) and Growth Rate (2014-2019)
Figure Power Tiller Market Size (Million USD) and Growth Rate (2014-2019)
Figure Rice Transplanter Market Size (Million USD) and Growth Rate (2014-2019)
Figure Laser and Leveler Market Size (Million USD) and Growth Rate (2014-2019)
Figure Other Market Size (Million USD) and Growth Rate (2014-2019)
Table Global Farm Mechanization Market Size (Million US$) Comparison by Application (2014-2025)
Figure Global Farm Mechanization Market Share by Application in 2018 & 2025
Figure Farm Mechanization Market Size (Million USD) and Growth Rate in Government (2014-2019)
Figure Farm Mechanization Market Size (Million USD) and Growth Rate in Individual Users (2014-2019)
Figure Farm Mechanization Market Size (Million USD) and Growth Rate in Other (2014-2019)
Table Global Farm Mechanization Revenue (Million US$) by Players (2014-2019)
Table Global Farm Mechanization Revenue Market Share by Players (2014-2019)
Eigure Farm Mechanization Market Size Share by Players in 2018
Table Global Farm Mechanization Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Global Top 5 Players Farm Mechanization Market Share in 2018
Figure Global Top 10 Players Farm Mechanization Market Share in 2018
Table Farm Mechanization Key Players Product/Service
Table Mergers & Acquisitions, Expansion Plans
Table John Deere Basic Information List
Table John Deere Description and Business Overview
Table John Deere Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of John Deere (2014-2019)
Table John Deere Farm Mechanization Recent Developments
Table Mahindra Basic Information List
Table Mahindra Description and Business Overview
Table Mahindra Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of Mahindra (2014-2019)
Table Mahindra Farm Mechanization Recent Developments
Table TAFE Basic Information List
Table TAFE Description and Business Overview
Table TAFE Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of TAFE (2014-2019)
Table TAFE Farm Mechanization Recent Developments
Table International Tractors Basic Information List
Table International Tractors Description and Business Overview
Table International Tractors Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of International Tractors (2014-2019)
Table International Tractors Farm Mechanization Recent Developments
Table AGCO Basic Information List
Table AGCO Description and Business Overview
Table AGCO Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of AGCO (2014-2019)
Table AGCO Farm Mechanization Recent Developments
Table Beri Udyog Basic Information List
Table Beri Udyog Description and Business Overview
Table Beri Udyog Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of Beri Udyog (2014-2019)
Table Beri Udyog Farm Mechanization Recent Developments
Table CLAAS Basic Information List
Table CLAAS Description and Business Overview
Table CLAAS Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of CLAAS (2014-2019)
Table CLAAS Farm Mechanization Recent Developments
Table CNH Industrial Basic Information List
Table CNH Industrial Description and Business Overview
Table CNH Industrial Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of CNH Industrial (2014-2019)
Table CNH Industrial Farm Mechanization Recent Developments
Table Daedong Industrial Basic Information List
Table Daedong Industrial Description and Business Overview
Table Daedong Industrial Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of Daedong Industrial (2014-2019)
Table Daedong Industrial Farm Mechanization Recent Developments
Table Escorts Group Basic Information List
Table Escorts Group Description and Business Overview
Table Escorts Group Farm Mechanization Products, Services and Solutions
Table Revenue (Million US$) in Farm Mechanization Business of Escorts Group (2014-2019)
Table Escorts Group Farm Mechanization Recent Developments
Table Fotol Lovol Basic Information List
Table Kubota Tractors Basic Information List
Table KUHN Group Basic Information List
Table Lemken India Basic Information List
Table McCormick Basic Information List
Table Pottinger Basic Information List
Table SDF Group Basic Information List
Table Global Farm Mechanization Market Size by Type (2014-2019) (Million US$)
Figure Global Farm Mechanization Revenue Market Share by Type in 2018
Table Global Farm Mechanization Market Size by Application (2014-2019) (Million US$)
Figure Global Farm Mechanization Revenue Market by Application in 2018
Table Top Consumer/End Users of Farm Mechanization
Figure North America Farm Mechanization Market Size and Growth Rate(2014-2019) (Million USD)
Table North America Farm Mechanization Market Size by Players (2014-2019)(Million US$)
Figure North America Farm Mechanization Market Size Share by Players in 2018
Table North America Farm Mechanization Market Size by Application (2014-2019) (Million US$)
Figure North America Farm Mechanization Revenue Market Share by Application (2014-2019)
Figure North America Farm Mechanization Market Size Share by Application in 2018
Figure Europe Farm Mechanization Market Size and Growth Rate(2014-2019) (Million USD)
Table Europe Farm Mechanization Market Size by Players (2014-2019)(Million US$)
Figure Europe Farm Mechanization Market Size Share by Players in 2018
Table Europe Farm Mechanization Market Size by Application (2014-2019) (Million US$)
Figure Europe Farm Mechanization Revenue Market Share by Application (2014-2019)
Figure Europe Farm Mechanization Market Size Share by Application in 2018
Figure China Farm Mechanization Market Size and Growth Rate(2014-2019) (Million USD)
Table China Farm Mechanization Market Size by Players (2014-2019)(Million US$)
Figure China Farm Mechanization Market Size Share by Players in 2018
Table China Farm Mechanization Market Size by Application (2014-2019) (Million US$)
Figure China Farm Mechanization Revenue Market Share by Application (2014-2019)
Figure China Farm Mechanization Market Size Share by Application in 2018
Figure Rest of Asia Pacific Farm Mechanization Market Size and Growth Rate(2014-2019) (Million USD)
Table Rest of Asia Pacific Farm Mechanization Market Size by Players (2014-2019)(Million US$)
Figure Rest of Asia Pacific Farm Mechanization Market Size Share by Players in 2018
Table Rest of Asia Pacific Farm Mechanization Market Size by Application (2014-2019) (Million US$)
Figure Rest of Asia Pacific Farm Mechanization Revenue Market Share by Application (2014-2019)
Figure Rest of Asia Pacific Farm Mechanization Market Size Share by Application in 2018
Figure Central & South America Farm Mechanization Market Size and Growth Rate(2014-2019) (Million USD)
Table Central & South America Farm Mechanization Market Size by Players (2014-2019)(Million US$)
Figure Central & South America Farm Mechanization Market Size Share by Players in 2018
Table Central & South America Farm Mechanization Market Size by Application (2014-2019) (Million US$)
Figure Central & South America Farm Mechanization Revenue Market Share by Application (2014-2019)
Figure Central & South America Farm Mechanization Market Size Share by Application in 2018
Figure Middle East & Africa Farm Mechanization Market Size and Growth Rate(2014-2019) (Million USD)
Table Middle East & Africa Farm Mechanization Market Size by Players (2014-2019)(Million US$)
Figure Middle East & Africa Farm Mechanization Market Size Share by Players in 2018
Table Middle East & Africa Farm Mechanization Market Size by Application (2014-2019) (Million US$)
Figure Middle East & Africa Farm Mechanization Revenue Market Share by Application (2014-2019)
Figure Middle East & Africa Farm Mechanization Market Size Share by Application in 2018
Figure Global Farm Mechanization Market Size and Growth Rate (Value) (2019-2025) (Million US$)
Table Global Farm Mechanization Market Size by Regions (2019-2025) (Million US$)
Figure Global Farm Mechanization Market Size Share by Regions (2019-2025)
Figure Global Farm Mechanization Market Size Share by Regions in 2025
Figure North America Farm Mechanization Revenue (Million USD) and Growth Rate (2019-2025)
Figure Europe Farm Mechanization Revenue (Million USD) and Growth Rate (2019-2025)
Figure China Farm Mechanization Revenue (Million USD) and Growth Rate (2019-2025)
Figure Rest of Asia Pacific Farm Mechanization Revenue (Million USD) and Growth Rate (2019-2025)
Figure Central & South America Farm Mechanization Revenue (Million USD) and Growth Rate (2019-2025)
Figure Middle East & Africa Farm Mechanization Revenue (Million USD) and Growth Rate (2019-2025)
Table Global Farm Mechanization Market Size by Application (2019-2025) (Million USD)
Figure Global Farm Mechanization Market Size by Application (2019-2025)
Figure Global Farm Mechanization Market Size by Application in 2025
Table Global Farm Mechanization Market Size by Type (2019-2025) (Million US$)
Figure Global Farm Mechanization Market Size by Type (2019-2025)
Figure Global Farm Mechanization Market Size by Type in 2025
Table Market Top Trends
Table Key Drivers: Impact Analysis (2019-2025)
Table Key Challenges
Figure Porter's Five Forces Analysis
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
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