I need to know how China is performing in the agricultural equipment industry and what is the state of the industry globally.
Thank you for getting in touch with ReportLinker. Out of the many reports in our portal about the agriculture industry, we have selected three that we hope will be able to assist with your request.
The first report is China Agricultural Equipment Industry Outlook to 2018 – Promoted by Favorable Government Policies, published by Ken Research Private Limited in July 2014. This 61 page study features a comprehensive analysis of the market size of farm equipment. The market is segmented into small and medium-large tractors, combine harvesters, rice transplanters and cotton processing machinery. This report looks at the market shares of the major players and also looks at the competitive landscape. It also provides a future outlook for the market. The agricultural sector represents nearly 10% of China’s GDP and it continues to become more and more industrialized. In 2011, China overtook Europe and the US to become the world’s largest manufacturer of farming equipment. Between 2008 and 2013, the Chinese farming equipment sector had a compound annual growth rate of 14.8%.
The next report is QY Research Group’s Global Agriculture Equipment Industry Report 2015. Published in August 2015, this 178 page study looks at the current state of the Agricultural Equipment Industry. It begins with a basic overview that features definitions, classifications, applications and the industry chain structure. It covers the development trends, competitive landscape and gives information on the development status of key regions. Development policies, plans, manufacturing processes, cost structures, imports and exports, supply and demand, cost, price, revenue and gross margins are also included in the report. There are also company profiles that cover the product pictures, specifications, capacity, production, price, cost, revenue and contact information.
The last report is World Agricultural Equipment Market. Published by Freedonia in August 2014, this 459 page study looks at historical data from 2008 to 2013 and makes forecasts to 2018. World demand is expected to have a compound annual growth rate of 7% until 2018, with a predicted market value of $216 billion by the end of the period. Growth will come from the increasing mechanization of developing countries such as China, India and Brazil. Key drivers include economic expansion, population growth and rising per capita calorie consumption in developing nations. In more developed markets, demand is driven by efforts to reduce inputs and maximize production capabilities.
We hope this information has been helpful to you. There is a lot of useful information about the agricultural industry in ReportLinker’s portal. If you have any questions or further needs, please feel free to contact us.