Reports and Data has recently added a new research report titled, “Global Agriculture Equipment Market – Industry Analysis, Size, Share, Growth, Trends, Forecast 2021-2028.” The report offers a comprehensive assessment of the Agriculture Equipment industry and offers details about recent developments in the global Agriculture Equipment market to help the reader, user and investor, gain clear idea about the current market dynamics. The report offers detailed insights about market size, revenue growth, market share, drivers, restraints, growth opportunities, and challenges along with top companies. The report is formulated through extensive primary and secondary research and is thoroughly evaluated by experts in the industry.
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The global Agriculture Equipment market is rapidly expanding in terms of revenue over the recent past and is expected to account for significantly higher revenue share over the forecast period. Agriculture is one of the most rapidly growing sector. Increasing population across the globe and rising demand for top quality food are key factors boosting global market growth. Factors such as technological advancements in agricultural sector, adoption of latest techniques in farming and high utilization of organic fertilizers and sustainable products to boost crop yield is fueling global market growth. In addition, increasing concerns about water shortage, rapid integration of ICT and aerial seeding, increasing government support and funding from several public and private organizations are expected to further contribute to market revenue growth.
The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, revenue growth, financial standing and company overview. The market players are focusing on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market. Some of the leading players in the global Agriculture Equipment market are listed below.
Key companies in global agriculture equipment market include John Deere, AGCO, Mahindra Mahindra, CNH Industrial N.V., Iseki Co., Ltd., and Kubota.
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Global Agriculture Equipment Market Segmentation:
Type Outlook (Revenue, USD Billion; 2018-2028)
- Planting Equipment
- Row Crop Planters
- Air Seeders
- Grain Drills
- Irrigation Crop Processing Equipment
- Spraying Equipment
- Hay Forage Equipment
Application Outlook (Revenue, USD Billion; 2018-2028)
- Land Development Seed Bed Preparation
- Sowing Planting
- Weed Cultivation
- Plant Protection
- Harvesting Threshing
- Post-harvest Agro Processing
- North America
- Asia Pacific
- Latin America
- Middle East Africa
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Key questions addressed in the report:
- What is the expected market size of the global Agriculture Equipment market throughout the forecast period?
- What CAGR is the global market expected to register between 2021 and 2028?
- Which key players are operating the global Agriculture Equipment market?
- Which key factors are boosting global market growth?
- What are the key restraints that are expected to hamper global market growth?
- What are the key outcomes of Porter’s Five Force analysis?
- Which regional market is expected to register highest CAGR throughout the forecast period?
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