powered agriculture equipment market Major Players, Status and Development Trends 2028 | Emergen Research

 “Powered Agriculture Equipment Market,

The research report provides the reader with an in-depth interpretation of the Powered Agriculture Equipment market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Powered Agriculture Equipment industry.

The global powered agriculture equipment market reached a market size of USD 82.20 Billion in 2020 and is expected to reach USD 136.55 Billion in 2028 and register a CAGR of 6.6% during the forecast period. Market revenue growth is primarily driven by growing demand for food due to exponential increase in global population. Declining availability of arable lands is another key factor driving demand for powered agriculture equipment to improve farm yield, and this is expected to continue over the forecast period. Increasing demand for organic food among health-conscious consumers is also contributing to increasing utilization of powered agriculture equipment for production of organic crops. Rising demand for mechanization of farms in order to increase agricultural productivity is further expected to drive growth of the powered agriculture equipment market. Technological advancements in agriculture equipment have been resulting in increasing deployment across farms and agricultural land in developed as well as developing countries. Increasing labor cost due to declining agricultural workforce is another factor boosting demand for powered agriculture equipment.

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The market intelligence report is a prototype of the 360° overview of the global Powered Agriculture Equipment industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Powered Agriculture Equipment market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Powered Agriculture Equipment market and pinpoint the fundamental growth trends.  

The major companies Covered in the report are: 

AGCO Corporation, John Deere & Co., Mahindra & Mahindra Limited, CNH Industrial N.V., Kubota Corporation, CLAAS, Alamo Group Inc., Escorts Group, Iseki & Co., Ltd. and SDF S.P.A.

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The report assesses the profound changes in this business setting caused by the COVID-19 outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the growth of the market.

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2021–2028)

    • Combine Harvesters
    • Tractors
    • Seed Drill
    • Soil Preparation & Cultivation Equipment
    • Sprayer
    • Others

  • Next Generation Equipment Outlook (Revenue, USD Billion; 2021–2028)

    • Harvesting & Picking Robots
    • Agricultural Unmanned Aerial Vehicles or Agricultural Drones
    • Driverless Tractors
    • Electric Tractors
    • Others

  • Regional Outlook (Revenue, USD Billion; 2021–2028)

    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

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Global Powered Agriculture Equipment Market Highlights: 

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • R&D Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers & Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

 Key Parameters Analyzed in This Section:

  • Company Profiles
  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Product pricing
  • Industry Analysis
  • Sales & distribution channels

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key Points Covered in This Section 

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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Report Highlights:

  • Besides offering a vivid depiction of the global Powered Agriculture Equipment business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2028).
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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