IndustryARC

GLOBAL FARM EQUIPMENT MARKET (2014-2020)

By IndustryARC (2014 – 2020)

IndustryARC | 1

Global Farm Equipment Market (2014 – 2020): By Type (Tractors, Combine harvester, Thresher, Rotavetor, Power Tiller, Irrigation Equipment, Spraying equipment, Planting Equipment, Others); By Phase (Land development, Sowing and planting, Cultivation, Harvesting and Threshing, Post harvesting); By Geography (N.A, Europe, APAC, RoW)

Table of Contents

1. Executive Summary

2. Global Farm Equipment – Market Overview

2.1. Agriculture industry

2.2. Key crops cultivated

2.3. Farming practices

2.4. Classification of equipment

2.5. Agriculture ecosystem

2.6. Trade analysis (Exports and Imports by shipments and value)

3. Global Farm Equipment– Market Landscape

3.1. Market Share Analysis

3.2. Comparative Analysis

3.2.1. Product Benchmarking

3.2.2. End user profiling

3.2.3. Patent Analysis

3.2.4. Top 5 Financials Analysis

4. Global Farm Equipment Market – Market Forces

4.1. Market Drivers

4.1.1. Increase pressure to improve yield to meet

demand

4.1.2. Demand from Emerging economies set to propel

market growth

4.1.3. Increasing government subsidy on agricultural

machinery

4.1.4. Increase in precision farming to drive

mechanization

4.1.5. Access to easy credit for small farmers drive

adoption

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4.2. Market Constraints

4.2.1. Lack of financial resources erode potential

customer base

4.3. Market Challenges

4.3.1. Influence of environmental factors affecting

demand

4.3.2. Government push to cut down fiscal deficits might

reduce subsidies

4.4. Attractiveness of the Agriculture Equipment Industry

4.4.1. Power of Suppliers

4.4.2. Power of Customers

4.4.3. Threat of New entrants

4.4.4. Threat of Substitution

4.4.5. Degree of Competition

5. Global Agriculture Equipment Market – Strategic Analysis

5.1. Value Chain Analysis

5.2. Pricing Analysis

5.3. Opportunities Analysis

5.4. Product/Market Life Cycle Analysis

5.5. Suppliers and Distributors

6. Global Agriculture Equipment Market : By Equipment type

6.1. Introduction

6.2. By Type

6.1.1 Tractors

6.1.2 Combine harvester

6.1.3 Thresher

6.1.4 Rotavetor

6.1.5 Power Tiller

6.1.6 Irrigation Equipment

6.1.7 Spraying equipment

6.1.8 Planting Equipment

6.1.9 Others

7. Global Agriculture Equipment Market: Phase of usage

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7.1. Land development

7.2. Sowing and planting

7.3. Cultivation

7.4. Harvesting and Threshing

7.5. Post harvesting

8. Global Agriculture Equipment Market : Geographic Analysis

8.1.  North America

8.1.1. U.S.

8.1.2.  Canada

8.1.3. Mexico

8.2. Europe

8.2.1. UK

8.2.2. Germany

8.2.3. France

8.2.4. Spain

8.2.5. Russia

8.2.6. Rest Of Europe

8.3. Asia-Pacific

8.3.1. India

8.3.2. China

8.3.3. Korea

8.3.4. Australia

8.3.5. Others

8.4. Rest of the World

8.4.1. Brazil

8.4.2. Argentina

8.4.3. Africa

8.4.4. Others

9. Market Entropy

9.1. Dominant strategy

9.2. New Product Launches

9.3. M&As

9.4. Collaborations, JVs and Partnerships

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10. Company Profile (Company Overview, Product and Services,

Strategy, Developments, USP)

10.1 AGCO Corporation

10.2 Alamo Group Incorporated

10.3 ARGO SpA

10.4 Bucher Industries

10.5 Caterpillar Incorporated

10.6 China National Machinery Industry Corporation

10.7 Daedong Industrial Company Limited

10.8 Deere & Company

10.9 Escorts Limited

10.10Exel industries SA

10.11Fiat Industrial SpA

10.12Groupe Exel Industries

10.13Iseki & Company Limited

10.14Kubota Corporation

10.15Kukje Machinery Company Limited

10.16Mahindra & Mahindra Limited

10.17Tetra Laval International SA  

10.18Tractors and Farm Equipment Limited

10.19Valmont Industries Incorporated

10.20WORLD Group

10.21Yamabiko Corporation

10.22Yanmar Company Limited

10.23ZETOR TRACTORS a.s.   

11. Appendix

11.1. Abbreviations

11.2. Sources

11.3. Research Methodology

11.4. Bibliography

11.5. Compilation of Expert Insights

11.6. Disclaimer

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List of TablesTable 1 Global Farm Equipment Market, List of Companies Covered

Table 2 Global Farm Equipment Market Competitive Share Analysis, 2014 (%)

Table 3 Top 5 Market Players Financials Analysis

Table 4 Global Farm Equipment Market Revenue, By Cause,, 2014-2020 ($M)

Table 5 Global Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 6 Global Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 7 Global Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 8 Global Farm Equipment Market Revenue, By Region, 2014-2020 ($M)

Table 9 Global Farm Equipment Market Volume, By Region, 2014-2020 (Units)

Table 10 Global Land Development Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 11 Global Land Development Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 12 Global Sowing and Planting Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

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Table 13 Global Sowing and Planting Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 14 Global Cultivation Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 15 Global Cultivation Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 16 Global Harvesting and Threshing Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 17 Global Harvesting and Threshing Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 18 Global Post Harvesting Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 19 Global Post Harvesting Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 20 North America Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 21 North America Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 22 North America Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 23 North America Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 24 North America Farm Equipment Market Revenue, By Country, 2014-2020 ($M)

Table 25 North America Farm Equipment Market Volume, By Country, 2014-2020 (Units)

Table 26 U.S. Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 27 U.S. Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 28 U.S. Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 29 U.S. Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 30 Canada Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 31 Canada Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 32 Canada Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

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Table 33 Canada Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 34 Mexico Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 35 Mexico Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 36 Mexico Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 37 Mexico Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 38 Europe Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 39 Europe Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 40 Europe Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 41 Europe Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 42 Europe Farm Equipment Market Revenue, By Country, 2014-2020 ($M)

Table 43 Europe Farm Equipment Market Volume, By Country, 2014-2020 (Units)

Table 44 U.K. Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 45 U.K. Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 46 U.K. Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 47 U.K. Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 48 Germany Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 49 Germany Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 50 Germany Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 51 Germany Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 52 France Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

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Table 53 France Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 54 France Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 55 France Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 56 Spain Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 57 Spain Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 58 Spain Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 59 Spain Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 60 Russia Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 61 Russia Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 62 Russia Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 63 Russia Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 64 Rest of Europe Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 65 Rest of Europe Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 66 Rest of Europe Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 67 Rest of Europe Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 68 APAC Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 69 APAC Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 70 APAC Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 71 APAC Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 72 APAC Farm Equipment Market Revenue, By Country, 2014-2020 ($M)

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Table 73 APAC Farm Equipment Market Volume, By Country, 2014-2020 (Units)

Table 74 INDIA Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 75 INDIA Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 76 INDIA Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 77 INDIA Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 78 CHINA Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 79 CHINA Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 80 CHINA Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 81 CHINA Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 82 KOREA Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 83 KOREA Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 84 KOREA Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 85 KOREA Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 86 REST OF APAC Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 87 REST OF APAC Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 88 REST OF APAC Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 89 REST OF APAC Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 90 ROW Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 91 ROW Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 92 ROW Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

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Table 93 ROW Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 94 ROW Farm Equipment Market Revenue, By Country, 2014-2020 ($M)

Table 95 ROW Farm Equipment Market Volume, By Country, 2014-2020 (Units)

Table 96 BRAZIL Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 97 BRAZIL Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 98 BRAZIL Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 99 BRAZIL Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 100 ARGENTINA Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 101 ARGENTINA Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 102 ARGENTINA Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 103 ARGENTINA Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 104 AFRICA Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 105 AFRICA Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 106 AFRICA Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 107 AFRICA Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 108 OTHERS Farm Equipment Market Revenue, By Cause, 2014-2020 ($M)

Table 109 OTHERS Farm Equipment Market Volume, By Cause, 2014-2020 (Units)

Table 110 OTHERS Farm Equipment Market Revenue, By Type, 2014-2020 ($M)

Table 111 OTHERS Farm Equipment Market Volume, By Type, 2014-2020 (Units)

Table 112 M&A, JV, Agreements, Farm Equipment Market

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List of FiguresFigure 1 Segmentation of Farm Equipment Market, By Architecture

Figure 2 Farm Equipment Market, List of Companies Covered

Figure 3 Global Farm Equipment Market Revenue,, 2014-2020 ($M)

Figure4 Global Farm Equipment Market Revenue, By Region, 2014 vs. 2020 ($M)

Figure5 Global Farm Equipment Market Revenue, By Type, 2014 ($M)

Figure6 Global Farm Equipment Market Revenue, By Cause, 2014 ($M)

Figure7 Global Farm Equipment Market, New Product Launches, By Year, 2010-2014

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Report Description

Farm equipment market refers to a host of broad machinery product

types that are used for agriculture or farming practices. The key

equipment types include tractors, combine harvesters, threshers and

rotavetors among others. The growing demand for agriculture produce

coupled with decrease arable land is resulting in yield pressure. In order

to cater to the increasing food consumption by global population, modern

agricultural practices such as mechanized farming and use of crop

protection chemicals is on priority for farmers. Farm equipment usage

results in the enabling of efficient farming and increase in efficiencies.

The farm equipment market has been segmented into different types

such as type, phase and geography exclusively. Based on the type of

products commercially available, the market is analyzed and categorized

into various kinds such as tractors, combine harvester, thresher,

rotavetor, power tiller, irrigation equipment, spraying equipment,

planting equipment and others. Each type has various products offered

by companies with different technical specifications. All the types are

duly analyzed to estimate the market size for each product type.

Farm equipment is used in different phases of agricultural production

depending on the functions and utility of each of the equipment. For

example, tractors and levelers are used in land development phase, while

harvester and threshers are used during harvesting and threshing phase.

Based on the phases of usage of the equipment, the market is segmented

into land development, sowing and planting, cultivation, harvesting and

threshing, and post harvesting. Each phase utilizes few unique

equipment types and data has been captured as per the industry usage.

The overall market is also represented from the perspective of different

geographical regions and the key countries in each region. The market

has been segmented into four regions, namely: North America, Europe,

Asia-pacific and Rest of the World. Competitive landscape for industry

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and market players are profiled with attributes of company overview,

financial overview, business strategies, product portfolio and recent

developments. Market shares of the key players in 2014 are also

provided. Few of the companies that are profiled in this report include

CNH Global NV, John Deere, AGCO, Mahindra and Mahindra Limited.

Stakeholders Contract farming firms Trading firms Farm equipment manufacturers Farm equipment distributors Associations Government Institutions Financial institutions

Global Farm Equipment Market - TRENDS

1. Farm equipment market is growing very rapidly with increasing demand for produce and increasing mechanized farming

2. The revenue market is estimated to exhibit a faster growth as compared to shipments growth

3. Tractors are the most dominant product type in the farm equipment market

4. Asia-Pacific is the dominant region by shipments and exhibiting the speedy growth due to the fast growing countries such as China and India

5. China to overtake the U.S. in terms of production and sales of farm equipment by 2017

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Executive Summary

IndustryARC estimates the global farm equipment market to exhibit a

growth of 6.5% by 2020 and it is estimated to be valued around $250

billion. Population growth and strong increasing per capita consumption

of food is driving the demand for agricultural produce. Agriculture output

is highly dependent on various external factors such as climate, water

availability and soil fertility; hence yield certainty is low. Adoption of

modern farming practices including the use of equipment helps in

increasing efficiency, saving time and resources as well. The global farm

equipment market has been segmented into various segments by

equipment types, phase of use and geographic segments.

Along with the demand growth, the adoption of mechanized farming in

the emerging economies such as China and India provides a strong

impetus to the market growth. The government support measures such

as favorable policies, ease of access to credit and subsidies for

purchasing equipment is a major driver. There is an increasing emphasis

on improving farming methods, resulting in higher yield and output.

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Backed by these strong demand driven factors, the farm equipment

industry is poised to exhibit rapid growth in the coming years.

Figure: Global Farm Equipment Market Size, 2013-2020 ($bn)

2013 2014 2015 2016 2017 2018 2019 20200

50

100

150

200

250

300

($bn

)

Source: Primary insights, IndustryARC Analysis

.

Growth in the industry is not uniform across the regions. Developed

regions such as Europe and North America are estimated to exhibit

sluggish growth due to the higher adoption of farming equipment. Hence,

they command a major share and use premium high-value technically

advanced equipment. On the contrary, APAC is poised to exhibit the

fastest growth due to favorable macroeconomic factors and stronger

demand. China and India are the growth frontiers for the farm equipment

manufacturers, providing a huge market to be tapped. Land

development, harvesting and threshing are the dominant phases of farm

equipment usage.

The farm equipment market is greatly competitive due to the dominance

of regional players. The key players in the market are CNH Global NV,

John Deere, AGCO, Mahindra and Mahindra Limited constituting a major

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share. These companies are adopting various growth strategies such as

new product launches, expansions, partnerships and acquisitions to

consolidate their market share. The companies are investing in R&D

extensively to develop technically advanced unique products to

differentiate themselves from their competitors and increase their

market share.

RESEARCH METHODOLOGY

The quantitative and qualitative data collected for the Global Farm

Equipment Market is from a combination of secondary and primary

sources. Research interviews were conducted with senior executives

and/or managers of leading Farm Equipment manufacturers, distributors

& associations along with R & D and regulatory institutions. These Key

Opinion Leaders (KOLs) were then provided with questionnaires to

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gather quantitative and qualitative inputs on their operations,

performance, strategies and views on the overall market, including key

developments and technology trends.

Data from interviews is consolidated, checked for consistency and

accuracy, and the final market numbers are again validated by experts.

The global market was split by types, phase, and geography based on

critical inputs from primary and secondary sources, understanding of the

number of companies operating in each segment and also KOL insights.

We have used various secondary sources such as directories, articles,

white papers, newsletters, annual reports and paid databases such as

OneSource, Hoovers and Factiva to identify and collect information for

extensive technical and commercial study of the Food Allergens and

Intolerance Testing. The key players in the market and its value chain

were identified through secondary research and their market opinions

were also gathered in a similar way through telephonic interviews and

questionnaires. Collating all these data points and using ARC analytical

model market numbers were derived.

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THE ARC ADVANTAGE

An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.

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THE ARC PROCESS

ANALYTICAL MODEL BASE MODEL CONSOLIDATED MODEL ARC MODEL

Analytical Method

Base Method

Consolidation Method

Delphi Verification

1. Granular breakdown of drivers into factors

2. Validate all factors in terms of their present impact on the market

3. Assign weights to these factors in terms of their relevance and impact on the market

1. Get a top-down estimate of the market

2. Follow it up with a bottom-up estimate of the market

3. Check forconsistency and new growth factors that are relevant over the next 10 Years

1. Granular breakdown of drivers into factors

2. Validate all factors in terms of their present impact on the market.

3. Assign weights to these factors in terms of their relevance and impact on the market.

1. Verify the findings of the model with experts from across the value chain

2. Verify the findings with players across small and large enterprises

3. Tweak the model and add new factors

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