1. Market Research
  2. > Agriculture
  3. > Agricultural Input
  4. > Agricultural Machinery Market Trends

Agricultural and Forestry Machinery Global Market Outlook - Trends, Forecast, and Opportunity Assessment (2014-2022)

  • October 2015
  • 101 pages
  • Stratistics MRC
Report ID: 3326398

Summary

Table of Contents

The Global Agricultural machinery market is valued at $152 billion in 2014 and is expected to reach $267 billion by 2022 growing at a CAGR of 7.3% between 2014 and 2022. Global Forestry machinery market is valued at $8.5 billion in 2014 and is expected to reach $9.81 billion by 2022 growing at a CAGR of 4.6% between 2014 and 2022. The factors such as rising demand for advanced machinery, increasing mechanization of farming operations, and technological advancements are driving the market growth. Moreover, the increasing demand for the food led by the growing population across the globe is another key factor fueling the agriculture and farm machinery market across the globe.

Furthermore, increased per capita income of farmers in both developed and developing economies is anticipated to boost the sale of farm machinery globally. The growth of forestry machineries is due to huge demand in timber-woods and forest biomass. Lack of information about farming equipment and its efficiencies among farmers is inhibiting the market growth. The government interventions and awareness programs are the latest market trends observed. Cultivating machinery is expected to be the fastest growing product type during the forecast period.

Europe is leading the market, accounting for a share of more than 30% of the global market. The Asia Pacific region led by India and China is expected to be the fastest growing region. The high demand can be attributed to the rising food consumption for sufficing the rising population in these countries. Governments all over the world are fixating on investing in mechanized agriculture, and thus, this market has expanded in terms of technology and productivity.

Agricultural and forestry machinery market is segmented by product, and geography. Depending on the various products, market is segmented into agricultural sprays, agriculture and forestry tractors, cultivation machinery, fodder and straw balers, hay and lawn mowers, milking machines, poultry-keeping machinery, threshing machinery and others. Based on geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World.

The key players in the Agricultural and forestry machinery market include AGCO Group, Mahindra Group, AGROSTROJ Pelhrimov a.s, Kubota Corp, Same Deutz-Fahr Group, Hubei Machinery and Equipment, Boneng Transmission Co., Kuhn Group, John Deere and Weifang Euroking Machinery.

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Agricultural and Forestry Machinery in Turkey: ISIC 2921

  • $ 604
  • Industry report
  • July 2017
  • by Euromonitor International

Euromonitor International’s Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Agricultural and Forestry ...

Agricultural and Forestry Machinery in Saudi Arabia: ISIC 2921

  • $ 604
  • Industry report
  • July 2017
  • by Euromonitor International

Euromonitor International’s Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Agricultural and Forestry ...

Agricultural and Forestry Machinery in South Korea: ISIC 2921

  • $ 604
  • Industry report
  • July 2017
  • by Euromonitor International

Euromonitor International’s Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Agricultural and Forestry ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.