Global Farm Equipment and Irrigation Market Size study, by Equipment Type (cereal combines, non-cereal combines, balers, sprayers), by Function (plowing & cultivating, sowing & planting, plant protection & fertilizing, harvesting & threshing, other implements) and Regional Forecasts 2021-2027, The ‘ Farm Equipment and Irrigation market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Farm Equipment and Irrigation derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Farm Equipment and Irrigation market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
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Global Farm Equipment and Irrigation Market to reach USD 121.33 billion by 2027.
Global Farm Equipment and Irrigation Market is valued approximately USD 92.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4 % over the forecast period 2021-2027. Farm mechanization (equipment) and irrigation are the main components that can meet the growing food demand across the world. Irrigation and farm equipment use in agricultural crop production helps in effective utilization of agri-inputs to increase productivity of land and labor. The increasing investments in agriculture sector, increasing geriatric population and, increase in the demand for food and agriculture product, rise in concerns of water scarcity has led the adoption of Farm Equipment and Irrigation . Areas of water scarcity region is irrigated through drip irrigation which result in less water consumption. For Instance: In India as per the department of agriculture the world’s biggest automated single drip irrigation project in the Bagalkot district built at USD $???52 million, the project will provide irrigation services to 24,000 hectares (60,000 acres) of drought-hit Hungund in the Ramthal Marola area and in Australia total package is USD $ 52.69 million over three years as per Department of Agriculture, Water and the Environment they will receive $29.761 million over two years and Austrade $42.924 million over three years under the Agriculture. However, high costs of the equipment impede the growth of the market over the forecast period of 2020-2027. Also, government support with farm loan waivers/credit finance, the adoption & demand for Farm Equipment and Irrigation is likely to increase the market growth during the forecast period.
Global Farm Equipment and Irrigation Market is segmented on the basis of geographical reason as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to adoption and awareness for latest farm Equipment, Precision agriculture. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, increasing demand for food with rise in population would create strong affinity for growth prospects for the Farm Equipment and Irrigation Market across Asia-Pacific region.
Key Segments Studied in the Global Farm Equipment and Irrigation Market
Major market player included in this report are:
- John Deere
- Cnh Industrial
- Mahindra & Mahindra
- Agco Corporation
- Kubota Corporation
- Claas Kgaa
- Iseki & Co.
- Sdf Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Equipment Type:
- Cereal Combines
- Non-Cereal Combines
- Plowing & Cultivating
- Sowing & Planting
- Plant Protection & Fertilizing
- Harvesting & Threshing
- Other Implements
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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Key Points Covered in Farm Equipment and Irrigation Market Report: Study Explore COVID 19 Outbreak Impact Analysis
Global Farm Equipment and Irrigation Market Research Report
Section 1: Global Farm Equipment and Irrigation Industry Overview
Section 2: Global Economic Impact on Farm Equipment and Irrigation Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Farm Equipment and Irrigation Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Farm Equipment and Irrigation Market Forecast
……..and view more in complete table of Contents
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