Farm Mechanization Market 2016 Trend, Analysis and Overview
The global farm mechanization market is largely dependent on agricultural land and farm output. Global agricultural production affects the market substantially as it grows in tandem with the demand for food. However, in various phases, the global agricultural production has slowed down in recent years as the demand for agricultural products has decreased. Recent environmental changes are also significantly affecting global agricultural production
Publisher’s analysts forecast the farm mechanization market in India to grow at a CAGR of 7.53% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the farm mechanization market in India for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of tractors, harvesters, power tillers, rice transplanters, and laser land levelers.
The market is divided into the following segments based on product:
-Harvester
-Laser land leveller
-Power tiller
-Rice transplanter
-Tractor
Publisher’s report, Farm Mechanization Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-John Deere
-Mahindra
-TAFE
-International Tractors
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Other prominent vendors
-AGCO
-Beri Udyog
-CLAAS
-CNH Industrial
-Daedong Industrial
-Escorts Group
-Fotol Lovol
-Kubota Tractors
-KUHN Group
-LEMKEN India
-McCormick
-Pöttinger
-SDF Group
Market driver
-Growing demand-supply gap in agricultural sector
-For a full, detailed list, view our report
Market challenge
-Uncertainties in global market and weather conditions
-For a full, detailed list, view our report
Market trend
-Growing adoption of tractors using alternative fuels
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