World Agricultural Implements and Machinery Market

World Agricultural Implements and Machinery Market

This report analyzes the worldwide markets for Agricultural Implements and Machinery in Millions of US$ and Units. The specific product segments analyzed are Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery, and Auxiliary Equipment & Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. The report profiles 252 companies including many key and niche players worldwide such as AGCO Corp., Class KgaA MBH, CNH Global NV, Deere & Company, Escorts Ltd., Iseki & Co., Ltd., Kubota Corp., Kuhn Group, Kverneland ASA, Mahindra Group., Same Deutz-Fahr Group, and Tractors and Farm Equipment Ltd. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

AGRICULTURAL IMPLEMENTS AND MACHINERY MCP-2551
A GLOBAL STRATEGIC BUSINESS REPORT


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Focus on Select Products I-4
Farm Tractors I-4
Tillage Implements I-4
Harvesters I-4
Combines I-4
Cultivators I-4
Spreaders I-4
Planters I-4
Hay/Forage Tools I-5
Sprayers I-5


II. EXECUTIVE SUMMARY

1. Market Dynamics II-1
Outlook II-1
Global Trends II-1
Snapshots II-1
Emerging Economies Drive Market Expansion II-2
Table 1: Global Market for Agricultural Equipment by
Region/Country: 2009E (In terms of Revenues) (includes
corresponding Graph/Chart) II-2
Farm Tractors: The Largest Market Segment II-3
Table 2: Global Market for Tractors by Select Countries:
2005-2015 (In Units) (includes corresponding Graph/Chart) II-3
Table 3: Global Market for Combines by Select Countries:
2005- 2015 (In Units) (includes corresponding Graph/Chart) II-3
Agricultural Machinery and Equipment Market Expands Globally II-4
Farm Size and Economics Impact Agricultural Machinery Market II-4
Market Structure II-4
Table 4: Leading Players in the World Market for Agricultural
Equipment (Recent Past Data for 2003): Percentage Breakdown
of Value Sales by Company for Deere & Co, CNH Global, AGCO,
and Others (includes corresponding Graph/Chart) II-5
Industry Consolidation at a Glance II-5

2. Product Overview II-6
Agricultural Equipment II-6
Farm Tractors II-6
Garden Tractors II-6
Tillage Implements II-6
Harvesters II-6
Combines II-6
Cultivators II-7
Spreaders II-7
Planters II-7
Hay/Forage Tools II-7
Sprayers II-7
Economic Importance II-7
Cereals II-7
Roots & Tubers II-7
Pulses II-8
Oil Crops II-8
Plantation Crops II-8
Farming Practices II-8
Large-Scale, Capital-Intensive Farming II-8
Medium-Scale Farming II-8
Small-Scale Farming II-8
A Focus on the Agriculture Industry II-8
Table 5: Global Share of Agriculture Sector in GDP (Nominal
Terms) by Country/Region: 2008 II-9

Table 6: Europe: Share of Agriculture Sector in GDP (Nominal
Terms) for Select Countries: 2008 (includes corresponding
Graph/Chart) II-9
Table 7: Asia: Share of Agriculture Sector in GDP (Nominal
Terms) for Select Countries: 2008 (includes corresponding
Graph/Chart) II-10
Table 8: Latin America: Share of Agriculture Sector in GDP
(Nominal Terms) for Select Countries: 2008 (includes
corresponding Graph/Chart) II-10

Table 9: Middle East: Share of Agriculture Sector in GDP
(Nominal Terms) for Select Countries: 2008 (includes
corresponding Graph/Chart) II-10

Table 10: Africa: Share of Agriculture Sector in GDP (Nominal
Terms) for Select Countries: 2008 (includes corresponding
Graph/Chart) II-11

3. Product Innovations/Introductions II-12
Claas Introduces AXOS Tractors II-12
Case IH to Introduce Steiger and Magnum in the UK and Europe II-12
Case IH to Unveil New Models of Irrigation Power Units II-12
Case IH to Launch Improved Round Balers II-12
Case IH Introduces WD 3 Series Windrowers II-12
John Deere Launches New Deere Track Machines with AirSuspension II-13
John Deere Launches New 6030 and 7030 Series Tractors II-13
John Deere Launches 1870 Air Hoe Drills II-13
New Holland Introduces BR7070 CropCutter™ for Improved Bale
Handling II-13
John Deere Unveils Central Insecticide System II-14
Kuhn Launches EL201-400H Power Tiller II-14
Case IH Introduces the Latest 120-Foot Boom II-14
MF Introduces Combines and Upgraded Balers II-14
Bourgault Releases 6700ST II-15
John Deere Introduces 7760 Self- Propelled Cotton Picker II-15
John Deere Launches 5003 Series Tractor Line II-15
Kubota Introduces New 108hp Tractor II-15
Cemco Unveils Crop Thinning Machine II-15
Frontier Equipment Launches New Range of Hay Implements II-16
Mahindra Introduces New 15 Series Tractor Models II-16
New Holland Introduces New TG Series Tractors II-16
New Holland Unveils New TJ Series Tractors II-17
New Holland Introduces New TDD-Series Utility Tractors II-17
New Holland Introduces New TT-A Series Tractors II-17
Massey Ferguson Expands Tractor Line II-17
Massey Ferguson Launches 3600 Series Utility Tractors II-18
Case IH Introduces New Tractor Series II-18
Kanoo Machinery and Massey Ferguson Unveils MF 5400 Series
Tractors II-18
Case IH Adds More Powerful Tractors to MX Series II-18
Ag-Chem Introduces Super Sprayer Series II-18
AGCO Hesston Launches 5500 Series Advanced Technology Round
Balers II-19
CLAAS Launches New Production Line II-19
Frontier Introduces New Wheel Rakes and Rotary Cutters II-19
Frontier Unveils Three-Point Hay Attachments II-19
Mahindra Launches New Tractors II-19
Vermeer Introduces User-Friendly 5410 Rebel® Baler II-20
Vermeer Introduces “M’ Series Baler II-20
Case IH Unveils New Puma™ Tractor Series II-20
John Deere Introduces JD 2305 as New Entry Level Model II-20
John Deere Introduces New Compact Utility Tractors II-20
John Deere Unveils New 3203 Compact Utility Tractor II-21
John Deere Launches New Class of Riding Lawn Equipment II-21
John Deere Unveils New 4930 Self-Propelled Sprayer II-21

4. Recent Industry Activity II-22
Concern Tractor Plants and AGCO to Form Joint Venture II-22
Deere to Expand Tractor Manufacturing Capacity II-22
John Deere to Expand Harvesting Equipment Production Capacity II-22
Mahindra and Mahindra to Establish Tractor Manufacturing Plant II-22
TAFE to Take Over Industrija Masina Traktora and Industrija
Motora Rakovica II-22
AGCO to Acquire Stake in Italian Harvesting Business II-23
Kamaz Takes Over McCormick Tractor Plant in the UK II-23
AGCO Takes Over Industria Agricola Fortaleza II-23
Deere & Company Takes Over Ningbo Benye Tractor & Automobile II-23
Exel Industries Takes Over Moreau II-23
Agrotec Takes Over Slovak Strojpol II-24
Ukragrolizing and New Holland to Establish Joint Venture II-24
AGCO and YTO Group to Sign an Agreement II-24
China Camc Signs Two New Contracts in Venezuela II-24
SDF Inaugurates New Facility at Dalian II-24
Case IH Undertakes Expansion of Grand Island Facility II-25
Aemsco Changes Name to Degelman Industries II-25
Same Deutz-Fahr Inaugurates Dalian Plant II-25
Case IH Expands Capacity at Grand Island Facility II-25
Mahindra and Mahindra to Construct Manufacturing Unit in Ghana II-26
Kuiken Acquires Matrix Group II-26
John Deere to Supply Combine Harvesters to Turkmenistan II-26
Echo Acquires Agricultural Products II-26
AGCO Corp. Forms Joint Venture in Russia II-26
Deere & Company Acquires Roberts Irrigation Products II-27
McCormick Merges with Landini to Form Argo Tractors II-27
GEHL to Divest Agricultural Implement Business Lines II-27
Mahindra Completes Acquisition of Tractorul SA Brasov II-27
Escorts to Partner with Steyr II-27
Sibzavod and MTS Tractor to Establish Joint Venture II-27
Eicher Motors Sells Tractor Business to TAFE II-28

5. Focus on Select Players II-29
AGCO Corp (US) II-29
Class KgaA MBH (Germany) II-29
CNH Global NV (Netherlands) II-29
Deere & Company (John Deere) (US) II-29
Escorts Ltd (India) II-30
Iseki & Co Ltd (Japan) II-30
Kubota Corp (Japan) II-30
Kuhn Group (France) II-30
Kverneland ASA (Norway) II-30
Mahindra Group (India) II-31
Same Deutz-Fahr Group (France) II-31
Tractors and Farm Equipment Ltd (India) II-31

6. Global Market Perspective II-32
Table 11: World Recent Past, Current & Future Analysis for
Agricultural Implements and Machinery by Geographic Region –
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan)
Middle East/Africa and Latin America Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) II-32

Table 12: World Long-term Projections for Agricultural
Implements and Machinery by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan) Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-33

Table 13: World 10-Year Perspective for Agricultural
Implements and Machinery by Geographic Region – Percentage
Breakdown of Dollar Sales for US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan) Middle East/Africa and Latin
America Markets for Years 2003, 2008 & 2012 (includes
corresponding Graph/Chart) II-34

Table 14: World Recent Past, Current & Future Analysis for
Farm Tractors by Geographic Region – US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan) Middle East/Africa and
Latin America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-35

Table 15: World Long-term Projections for Farm Tractors by
Geographic Region –US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan) Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-36

Table 16: World 10-Year Perspective for Farm Tractors by
Geographic Region – Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan)
Middle East/Africa and Latin America Markets for Years 2003,
2008 & 2012 (includes corresponding Graph/Chart) II-37

Table 17: World Recent Past, Current & Future Analys6is for
Harvesting Machinery by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan) Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-38

Table 18: World Long-term Projections for Harvesting Machinery
by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-39

Table 19: World 10-Year Perspective for Harvesting Machinery
by Geographic Region – Percentage Breakdown of Dollar Sales
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan)
Middle East/Africa and Latin America Markets for Years 2003,
2008 & 2012 (includes corresponding Graph/Chart) II-40

Table 20: World Recent Past, Current & Future Analysis for
Planting & Fertilizing Machinery by Geographic Region – US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-41

Table 21: World Long-term Projections for Planting &
Fertilizing Machinery by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-42

Table 22: World 10-Year Perspective for Planting & Fertilizing
Machinery by Geographic Region – Percentage Breakdown of
Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan) Middle East/Africa and Latin America Markets
for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-43

Table 23: World Recent Past, Current & Future Analysis for
Plowing & Cultivating Machinery by Geographic Region – US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-44

Table 24: World Long-term Projections for Plowing &
Cultivating Machinery by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-45

Table 25: World 10-Year Perspective for Plowing & Cultivating
Machinery by Geographic Region – Percentage Breakdown of
Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan) Middle East/Africa and Latin America
Markets for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-46

Table 26: World Recent Past, Current & Future Analysis for
Haying Machinery by Geographic Region – US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan) Middle East/Africa and
Latin America Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-47

Table 27: World Long-term Projections for Haying Machinery by
Geographic Region – US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/ Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-48

Table 28: World 10-Year Perspective for Haying Machinery by
Geographic Region – Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan)
Middle East/Africa and Latin America Markets for Years 2003,
2008 & 2012 (includes corresponding Graph/Chart) II-49

Table 29: World Recent Past, Current & Future Analysis for
Auxiliary Equipment and Others by Geographic Region – US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-50

Table 30: World Long-term Projections for Auxiliary Equipment
and Others by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-51

Table 31: World 10-Year Perspective for Auxiliary Equipment
and Others by Geographic Region – Percentage Breakdown of
Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan) Middle East/ Africa and Latin America
Markets for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-52


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Outlook III-1
Tractors and Combines III-1
Table 32: US Recent Past, Current & Future Analysis for
Tractors & Combines by Product Segment – 2WD Tractors under
40 HP, 2WD Tractors between 40 – 100 HP, 2WD Tractors over
100 HP, 4WD Tractors, and Self-Propelled Combines Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-1

Table 33: US Market Projections for Tractors & Combines by
Product Segment – 2WD Tractors under 40 HP, 2WD Tractors
between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD
Tractors, and Self- Propelled Combines Markets
Independently Analyzed with Annual Sales Figures in Units
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-2

Table 34: US Historic Review for Tractors & Combines by
Product Segment – 2WD Tractors under 40 HP, 2WD Tractors
between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD
Tractors, and Self-Propelled Combines Markets Independently
Analyzed with Annual Sales Figures in Units for Years 1991
through 2000 (includes corresponding Graph/Chart) III-2
Market Shares – Recent Past Perspective III-3
Table 35: Leading Players in the North American
Agricultural Equipment Market: 2002 –Deere & Co, CNH
Global, Agco, Kubota Corp and Others (includes
corresponding Graph/Chart) III-3

Table 36: Leading Players in the North American 4WD Tractor
Market - CNH Global, Deere & Co, Agco and Others: 2001
(includes corresponding Graph/Chart) III-3

Table 37: Leading Players in the North American Combines
Market - CNH Global, Deere & Co, Agco and Others: 2001
(includes corresponding Graph/Chart) III-3
Major Factors Influencing Farm Equipment Purchases III-3
Table 38: Average Farm Size in the US: 1990-2007 (In
Acres) (includes corresponding Graph/Chart) III-4

Table 39: Number of Farms in the US: 1990-2007 (In
Thousands) (includes corresponding Graph/Chart) III-4
Table 40: Planted Acreage in the US: 1991-2007 (includes
corresponding Graph/Chart) III-5
Product Launches III-5
Strategic Developments III-7
Select Players III-8
B.Market Analytics III-9
Table 41: US Recent Past, Current & Future Analysis for
Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting & Fertilizing
Machinery, Plowing & Cultivating Machinery, Haying Machinery
and Auxiliary Equipment & Other Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-9

Table 42: US Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-9

Table 43: US 10-Year Perspective for Agricultural Implements
and Machinery Parts by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-10

2. Canada III-11
A.Market Analysis III-11
Outlook III-11
Tractors and Combines Market III-11
Table 44: Canadian Recent Past, Current & Future Analysis
for Tractors & Combines by Product Segment – 2WD Tractors
under 40 HP, 2WD Tractors between 40 - 100 HP, 2WD Tractors
over 100 HP, 4WD Tractors, and Self-Propelled Combines
Markets Independently Analyzed with Annual Sales Figures in
Units for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-11

Table 45: Canadian Projections for Tractors & Combines by
Product Segment – 2WD Tractors under 40 HP, 2WD Tractors
between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD
Tractors, and Self- Propelled Combines Markets
Independently Analyzed with Annual Sales Figures in Units
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-12

Table 46: Canadian Historic Review for Tractors & Combines
by Product Segment – 2WD Tractors under 40 HP, 2WD
Tractors between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD
Tractors, and Self- Propelled Combines Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 1991 through 2000 (includes corresponding
Graph/Chart) III-12

Table 47: Average Farm Size in Canada: 1990-2007 (In
Acres) (includes corresponding Graph/Chart) III-13

Table 48: Number of Farms in Canada: 1990-2007 (In
Thousands) (includes corresponding Graph/Chart) III-13
Table 49: Planted Acreage in Canada: 1991-2007 (million
acres crop year) (includes corresponding Graph/Chart) III-14
B.Market Analytics III-14
Table 50: Canadian Recent Past, Current & Future Analysis
for Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting &
Fertilizing Machinery, Plowing & Cultivating Machinery,
Haying Machinery and Auxiliary Equipment & Other Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-14

Table 51: Canadian Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-15

Table 52: Canadian 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-16

3. Japan III-17
A.Market Analysis III-17
Outlook III-17
Recent Past Perspective III-17
Table 53: Leading Players in the Japanese Market for Wheel
Tractors (2003): Percentage Breakdown of Value Production
by Company for Kubota Corp, Yanmar Agricultural Equipment,
Iseki & Co, Isuzu Motors Ltd, Mitsubishi Agricultural
Machinery and Others (includes corresponding Graph/Chart) III-17

Table 54: Leading Players in the Japanese Market for Power
Tillers/Cultivators (2003): Percentage Breakdown of Value
Production by Company for Honda Motors Co Ltd, Iseki & Co,
Isuzu Motors Ltd, Kubota Corp, Mitsubishi Agricultural
Machinery, Seirei Industry Co Ltd, and Others (includes
corresponding Graph/Chart) III-17

Table 55: Leading Players in the Japanese Market for
Combines (2003): Percentage Breakdown of Value Production
by Company for Iseki & Co, Kubota Corp, Mitsubishi
Agricultural Machinery, Seirei Industry Co Ltd, and Others
(includes corresponding Graph/Chart) III-17

Table 56: Leading Players in the Japanese Market for Rice
Planting Machines (2003): Percentage Breakdown of Value
Production by Company for Kubota Corp, Iseki & Co,
Mitsubishi Agricultural Machinery, Minoru Sangyo, and
Others (includes corresponding Graph/Chart) III-18

Table 57: Leading Players in the Japanese Market for Rice
Huskers (2003): Percentage Breakdown of Value Production by
Company for Iseki, Satake, and Others (includes
corresponding Graph/Chart) III-18

Table 58: Leading Players in the Japanese Market for
Agricultural Driers (2003): Percentage Breakdown of Value
Production by Company for Satake, Yamamoto, and Others
(includes corresponding Graph/Chart) III-18

Table 59: Leading Players in the Japanese Market for Rice
Polishing Machines (2003): Percentage Breakdown of Value
Production by Company for Satake, Marumasu Kikai, and
Others (includes corresponding Graph/Chart) III-19

Table 60: Leading Players in the Japanese Market for Grain
Processing Machines (2003): Percentage Breakdown of Value
Production by Company for Rheon Automatic Machinery,
Oshikiri Machinery, Satake, and Others (includes
corresponding Graph/Chart) III-19

Table 61: Leading Players in the Japanese Market for Flour
Milling Machines (2003): Percentage Breakdown of Value
Production by Company for Meiji-Machine, Tokai Powdex, and
Others (includes corresponding Graph/Chart) III-19
Product Launch III-19
Select Players III-20
B.Market Analytics III-21
Table 62: Japanese Recent Past, Current & Future Analysis
for Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting &
Fertilizing Machinery, Plowing & Cultivating Machinery,
Haying Machinery and Auxiliary Equipment & Other Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-21

Table 63: Japanese Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-22

Table 64: Japanese 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-23

4. Europe III-24
A.Market Analysis III-24
Outlook III-24
Tractors and Combines Market III-24
Table 65: Western Europe Recent Past, Current & Future
Analysis for Tractors – Annual Sales Figures in Units for
Years 2001 through 2010 (includes corresponding
Graph/Chart) III-24

Table 66: Western Europe Projections for Tractors and
Combines – Annual Sales Figures in Units for Years 2011
through 2015 (includes corresponding Graph/Chart) III-24

Table 67: Western Europe Historic Review for Tractors and
Combines – Annual Sales Figures in Units for Years 1991
through 2000 (includes corresponding Graph/Chart) III-25
Competitive Scenario in the Recent Past III-25
Table 68: Leading Players in the European Market for
Agricultural Equipment (2003): Percentage Breakdown of
Volume Sales by Company for Deere & Co, CNH Global, AGCO,
Kubota Corp, and Others (includes corresponding
Graph/Chart) III-25

Table 69: Leading Players in the European Tractors Market:
Share of New Holland, John Deere, MF, Case, Fendt, Renault,
Valtra, Landini and Deutz-Fahr: 2002 (includes
corresponding Graph/Chart) III-25
B.Market Analytics III-26
Table 70: European Recent Past, Current & Future Analysis
for Agricultural Implements and Machinery by Geographic
Region – France, Germany, Italy, UK, Spain, Russia & Rest of
Europe Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-26

Table 71: European Long-term Projections for Agricultural
Implements and Machinery by Geographic Region – France,
Germany, Italy, UK, Spain, Russia & Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-27

Table 72: European 10-Year Perspective for Agricultural
Implements and Machinery by Geographic Region – Percentage
Breakdown of Dollar Sales for France, Germany, Italy, UK,
Spain, Russia & Rest of Europe Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) III-28

Table 73: European Recent Past, Current & Future Analysis
for Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting &
Fertilizing Machinery, Plowing & Cultivating Machinery,
Haying Machinery and Auxiliary Equipment & Other Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-29

Table 74: European Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-30

Table 75: European 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-31

4a. France III-32
A.Market Analysis III-32
Outlook III-32
Tractors Market III-32
Table 76: French Recent Past, Current & Future Analysis
for Tractors – Annual Sales Figures in Units for Years
2001 through 2010 (includes corresponding Graph/Chart) III-32

Table 77: French Market Projections for Tractors – Annual
Sales Figures in Units for Years 2011 through 2015
(includes corresponding Graph/Chart) III-32

Table 78: Leading Players in the French Market for Tractors
(Recent Past Data for 2003) - Percentage Breakdown of
Volume Sales by Company for CNH, Deere, AGCO, Renault, and
Others (includes corresponding Graph/Chart) III-33
Strategic Development III-33
B.Market Analytics III-34
Table 79: French Recent Past, Current & Future Analysis for
Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting & Fertilizing
Machinery, Plowing & Cultivating Machinery, Haying Machinery
and Auxiliary Equipment & Other Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-34

Table 80: French Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-35

Table 81: French 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-36

4b. Germany III-37
A.Market Analysis III-37
Outlook III-37
Tractors Market III-37
Table 82: German Market for Tractors – A Current &Future
Analysis: Annual Sales for the Years 2001 through 2010 in
units. (includes corresponding Graph/Chart) III-37

Table 83: German Market Projections for Tractors – Annual
Sales Figures in Units for Years 2011 through 2015
(includes corresponding Graph/Chart) III-37

Table 84: Leading Players in the German Market for Tractors
(Recent Past Data for 2003): Percentage Breakdown of Volume
Sales by Company for CNH, Deere, AGCO, and Others (includes
corresponding Graph/Chart) III-38
B.Market Analytics III-38
Table 85: German Recent Past, Current & Future Analysis for
Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting & Fertilizing
Machinery, Plowing & Cultivating Machinery, Haying Machinery
and Auxiliary Equipment & Other Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-38

Table 86: German Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-39

Table 87: German 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-40

4c. The United Kingdom III-41
A.Market Analysis III-41
Outlook III-41
Tractors Market III-41
Table 88: UK Recent Past, Current & Future Analysis for
Tractors – Annual Sales Figures in Units for Years 2001
through 2010 (includes corresponding Graph/Chart) III-41

Table 89: UK Market Projections for Tractors – Annual
Sales Figures in Units for Years 2011 through 2015
(includes corresponding Graph/Chart) III-41

Table 90: Leading Players in the UK Market for Tractors
(Recent Past Data for 2003): Percentage Breakdown of Volume
Sales by Company for CNH, Deere, AGCO, and Others
(includes corresponding Graph/Chart) III-42
Strategic Developments III-42
B.Market Analytics III-43
Table 91: UK Recent Past, Current & Future Analysis for
Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting & Fertilizing
Machinery, Plowing & Cultivating Machinery, Haying Machinery
and Auxiliary Equipment & Other Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-43

Table 92: UK Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-44

Table 93: UK 10-Year Perspective for Agricultural Implements
and Machinery by Product Segment – Percentage Breakdown of
Dollar Sales for Farm Tractors, Harvesting Machinery,
Planting & Fertilizing Machinery, Plowing & Cultivating
Machinery, Haying Machinery and Auxiliary Equipment & Other
Markets for 2003, 2008 & 2012 (includes corresponding
Graph/Chart) III-45

4d. Italy III-46
A.Market Analysis III-46
Outlook III-46
Italian Tractors Market III-46
Table 94: Italian Recent Past, Current & Future Analysis
for Tractors – Annual Sales Figures in Units for Years 2001
through 2010 (includes corresponding Graph/Chart) III-46

Table 95: Italian Projections for Tractors – Annual Sales
Figures in Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-46

Table 96: Leading Players in the Italian Market for
Tractors (Recent Past Data for 2003): Percentage Breakdown
of Volume Sales by Company for CNH, Same-Deutz, Deere,
AGCO, and Others (includes corresponding Graph/Chart) III-47
Strategic Developments III-47
B.Market Analytics III-48
Table 97: Italian Recent Past, Current & Future Analysis for
Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting & Fertilizing
Machinery, Plowing & Cultivating Machinery, Haying Machinery
and Auxiliary Equipment & Other Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) III-48

Table 98: Italian Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-49

Table 99: Italian 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-50

4e. Spain III-51
A.Market Analysis III-51
Outlook III-51
Tractors Market III-51
Table 100: Spanish Recent Past, Current & Future Analysis
for Tractors – Annual Sales Figures in Units for Years 2001
through 2010 (includes corresponding Graph/Chart) III-51

Table 101: Spanish Market Projections for Tractors – Annual
Sales Figures in Units for Years 2011 through 2015
(includes corresponding Graph/Chart) III-51

Table 102: Leading Players in the Spanish Market for
Tractors (Recent Past Data for 2003) – Percentage Breakdown
of Volume Sales by Company for New Holland, John Deere, MF,
Case, Valtra, Renault, Landini, Deutz-Fahr and Others
(includes corresponding Graph/Chart) III-52
B.Market Analytics III-52
Table 103: Spanish Recent Past, Current & Future Analysis
for Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting &
Fertilizing Machinery, Plowing & Cultivating Machinery,
Haying Machinery and Auxiliary Equipment & Other Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-52

Table 104: Spanish Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-53

Table 105: Spanish 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-54

4f. Russia III-55
A.Market Analysis III-55
Outlook III-55
Strategic Developments III-55
B.Market Analytics III-56
Table 106: Russian Recent Past, Current & Future Analysis
for Agricultural Implements and Machinery by Product
Segment – Farm Tractors, Harvesting Machinery, Planting &
Fertilizing Machinery, Plowing & Cultivating Machinery,
Haying Machinery and Auxiliary Equipment & Other Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) III-56

Table 107: Russian Long-term Projections for Agricultural
Implements and Machinery by Product Segment – Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-57

Table 108: Russian 10-Year Perspective for Agricultural
Implements and Machinery by Product Segment – Percentage
Breakdown of Dollar Sales for Farm Tractors, Harvesting
Machinery, Planting & Fertilizing Machinery, Plowing &
Cultivating Machinery, Haying Machinery and Auxiliary
Equipment & Other Markets for 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-58

4g. Rest of Europe III-59
A.Market Analysis III-59
Outlook III-59
Strategic Developments III-59
B.Market Analytics III-60
Table 109: Rest of Europe Recent Past, Current & Future
Analysis for Agricultural Implements and Machinery by
Product Segment – Farm Tractors, Harvesting Machinery,
Planting & Fertilizing Machinery, Plowing & Cultivating
Machinery, Haying Machinery and Auxiliary Equipment & Other
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-60

Table 110: Rest of Europe Long-term Projections for
Agricultural Implements and Machinery by Product Segment –
Farm Tractors, Harvesting Machinery, Planting & Fertilizing
Machinery, Plowing & Cultivating Machinery, Haying Machinery
and Auxiliary Equipment & Other Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) III-61

Table 111: Rest of Europe 10-Year Perspective for
Agricultural Implements and Machinery by Product Segment –
Percentage Breakdown of Dollar Sales for Farm Tractors,
Harvesting Machinery, Planting & Fertilizing Machinery,
Plowing & Cultivating Machinery, Haying Machinery and
Auxiliary Equipment & Other Markets for 2003, 2008 & 2012
(includes corresponding Graph/Chart) III-62

5. Asia-Pacific III-63
A.Market Analysis III-63
Outlook III-63
Focus on Select Markets III-63
China III-63
Overview III-63
Table 112: Leading Players in the Chinese Market for
Agricultural Tractors (25-49 HP) (Recent Past Data for
2004) - Percentage Breakdown of Volume Sales by Company
for Shandong Tractor, Yituo (Ningbo) CSI, Yancheng
Tractor, and Others (includes corresponding Graph/Chart) III-63

Table 113: Leading Players in the Chinese Market for
Agricultural Tractors (50HP and above) (Recent Past Data
for 2004) - Percentage Breakdown of Volume Sales by
Company for First Tractor, Foton, John Deere Tiantuo,
Shanghai New Holland, Qingjiang Tractor Co, and Others
(includes corresponding Graph/Chart) III-63
India III-64
Tractor Market III-64
Table 114: Leading Players in the Indian Market for
Tractors (Recent Past Data for 2003): Percentage
Breakdown of Volume Sales by Company for M&M, Escorts,
TAFE, Punjab Tractors, Eicher, and Others (includes
corresponding Graph/Chart) III-64

Table 115: Leading Players in the Indian Market for
Tractors (21-30 HP) (Recent Past Data for 2004):
Percentage Breakdown of Volume Sales by Company for
Eicher, Escorts, M&M, TAFE, PTL and Others (includes
corresponding Graph/Chart) III-64

Table 116: Leading Players in the Indian Market for
Tractors (31-40 HP) (Recent Past Data for 2004):
Percentage Breakdown of Volume Sales by Company for
Eicher, Escorts, M&M, PTL, TAFE and Others (includes
corresponding Graph/Chart) III-65

Table 117: Leading Players in the Indian Market for
Tractors (41-50 HP) (Recent Past Data for 2004):
Percentage Breakdown of Volume Sales by Company for
Eicher, HMT, M&M, PTL, TAFE, LT-JD and Others (includes
corresponding Graph/Chart) III-65

Table 118: Leading Players in the Indian Market for
Tractors (Above 51 HP) (Recent Past Data for 2004):
Percentage Breakdown of Volume Sales by Company for HMT,
M&M, PTL, TAFE, LT-JD, NHI and Others (includes
corresponding Graph/Chart) III-65
Australia III-66
Overview III-66
Tractors and Combines Market III-66
Table 119: Australian Recent Past, Current & Future
Analysis for Tractors and Combines – Annual Sales Figures
in Units for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-66

Table 120: Australian Market Projections for Tractors and
Combines – Annual Sales Figures in Units for Years 2011
through 2015 (includes corresponding Graph/Chart) III-66

Table 121: Australian Historic Review for Tractors and
Combines – Annual Sales Figures in Units for Years 1991
through 2000 (includes corresponding Graph/Chart) III-67
Strategic Developments III-67
Select Players III-68
B.Market Analytics III-69
Table 122: Asia-Pacific Recent Past, Current & Future
Analysis for Agricultural Implements and Machinery by
Product Segment - Farm Tractors, Harvesting Machinery,
Planting & Fertilizing Machinery, Plowing & Cultivating
Machinery, Haying Machinery and Auxiliary Equipment & Other
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-69

Table 123: Asia-Pacific Long-term Projections for
Agricultural Implements and Machinery by Product Segment -
Farm Tractors, Harvesting Machinery, Planting &