Description
Agricultural or farm equipment cover a broad range of machines and tools which help the farmers to carry out various processes required to enhance the output as well as the quality of crops . Based on their characteristics , agricultural equipment can be divided into two types : farmstead equipment and field equipment . The farmstead equipment are the ones which are generally used in a stationary manner , for example the grain augers and cotton gins . The category of farm field equipment includes mobile or portable instruments , for example tractors , attachments and others . On the basis of the operations performed , agricultural equipment can be classified into seven categories ; farm tractors , primary tillage machine , secondary tillage machine , sowing and planting machines , harvesting & threshing machines , crop processing machines , hay making equipment .
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Trends suggest that the market growth potential lies majorly in developing regions such as China , India and Brazil . These are the potential targets for the industry due to lower market penetration , rising incomes , rising population , progressive government policies and market saturation in developed countries .
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Several factors such as declining agricultural workforce , declining global arable land , increasing global grain production , coupled with continuous replacement demand from developed regions , easy credit availability in developing countries and rising population are the primary growth drivers of the market . However , fluctuating weather conditions , changing government policies and dynamic economic conditions pose a threat to market growth .
The report “ Global Farm ( Agricultural ) Equipment Market : Industry Analysis & Outlook ( 2016-2020 )” analyzes the development of this market , with focus on the Asia-Pacific , North America and European markets . The major trends , growth drivers as well as issues being faced by the market are discussed in detail in this report . The four major players : Deere & Company , CNH Industrial N . V ., AGCO Corporation and Alamo Group Inc . are being profiled along with their key financials and strategies for growth . The report contains a comprehensive analysis of the global farm equipment market along with the study of the regional markets .
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Some points from TOC :
1 . Overview 1.1 Farm Equipment www . orbisresearch . com ; + 1 ( 214 ) 884-6817 ; + 9120-64101019