A recent report published by Infinium Global Research on agriculture and farm machinery market provides in-depth analysis of segments and sub-segments in global as well as regional agriculture and farm machinery market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional agriculture and farm machinery market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global agriculture and farm machinery market. According to the report, the global agriculture and farm machinery market is projected to grow at a healthy CAGR over the forecast period of 2018-2024.
The report on global agriculture and farm machinery market covers segments such as machinery type and application. On the basis of machinery type, the global agriculture and farm machinery market is categorized into tractors, harvesting machinery, planting and fertilizing machinery, plowing and cultivating machinery, haying and forage machinery, irrigation machinery and others. On the basis of application, the global agriculture and farm machinery market is categorized into land development & seedbed preparation, harvesting & threshing, weed cultivation, plant protection, and post-harvest & agro-processing.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global agriculture and farm machinery market such as, Agromaster, Amazone Ltd., CNH Global N.V, Deere & Company, J.C. Bamford Excavators Limited (JCB), Bucher Industries AG, Mahindra & Mahindra Limited, Yamabiko Corporation, CLAAS KGaA mbH and Iseki & Co., Ltd.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global agriculture and farm machinery market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of agriculture and farm machinery market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the agriculture and farm machinery market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the agriculture and farm machinery market to understand the present and future trends in this market and formulate their strategies accordingly.
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