Agriculture Equipment Market worth $201.03 Billion by 2019 – New Report by MarketsandMarkets

Share Article

Agriculture Equipment Market research report focuses on review of the drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects.(



Agriculture Equipment Market key players are AGCO Corp. (U.S.), CNH Industrial N.V. (U.K.), Iseki & Co., Ltd. (Japan), J.C. Bamford Excavators Limited (U.K.), Kubota Corporation (Japan), Mahindra & Mahindra Limited (India) and Deere & Company (U.S.).

The report “Agriculture Equipment Market by Region & Propulsion (Self-propelled & Implements); Self-propelled Equipment Market, by Type; Implements Market, by Function (Harvesting, Planting & Fertilizing, Haying, and Plowing & Cultivating) - Forecast to 2019”, classifies and defines the Agriculture Equipment Market in terms of value. The report highlights the potential growth opportunities for the Agriculture Equipment Market in the coming years, and also covers the review of the drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to the Agriculture Equipment Market.

Browse 81 market data tables with 31 figures spread through 220 pages and in-depth TOC on “Agriculture Equipment Market - Forecast to 2019”.

Early buyers will receive 10% customization on this report.

The global agriculture equipment market is projected to grow at a healthy CAGR of 7.20% for the period between 2014 and 2019. The global agriculture equipment market is a highly fragmented one, where the top six players are estimated to acquire only 42.0% of the global market. These six players are Deere & Company (U.S.), AGCO Corp. (U.S.), CNH Industrial N.V. (U.K.), Iseki & Co., Ltd. (Japan), J.C. Bamford Excavators Limited (U.K.), Kubota Corporation (Japan), and Mahindra & Mahindra Limited (India). Out of these, Deere & Company (John Deere) was the market leader with a 17.5% market share..
Inquiry before Buying:

Deere & Company is a U.S.-based company which deals with the manufacture and distribution of agricultural, construction, and forestry equipment. The company has its operations spread across more than 30 countries in all of the major regions across the globe including the Americas, Europe, and Asia-Oceania; this includes its factories, offices, and other facilities. The agricultural segment of the company deals with tractors, combines, corn pickers, cotton and sugarcane harvesters, front-end equipment and sugarcane loaders, sprayers, soil preparation machinery, self-propelled forage harvesters and attachments, balers, mowers and precision agricultural irrigation equipment and supplies; landscape and nursery products; and other products.

Deere & Co. is concentrating on new product development in order to maintain its leadership in the market. For instance, in August 2014, the company announced that they had enhanced the 6D and 6R Series Tractors for the model year of 2015; the new enhancements would help increase the operational capabilities and performance of the tractors of this series. Two new transmissions were developed for 6D Series tractors; a 12/12 Power Reverser and an optional 24/12 Power Reverser Hi/Lo, which have the capability to provide more speed within a specific working range. Along with this, new transmission options would also allow operators to shift while in operation so as to cope with the changing field conditions and keep the engine’s RPM constant.

The strong research & development capabilities, world-wide presence, and diversified product offering in the agricultural equipment market make Deere & Company the leader among its peers. However, with a large number of regional players affecting the regional market, the global giants have not been able to fully capitalize on the large potential offered by this market.
Speak to Analyst:

Browse related reports

Turbocharger Market by Vehicle Type (Passenger Car, LCV & HCV), Fuel Type (Diesel & Gasoline), Technology (VGT/VNT, Waste gate & Twin-Turbo), & Region - Industry Trends & Forecasts to 2019

Automotive Steering Systems Market by Vehicle Type (Passenger Car, LCV, & HCV), System Type (Manual, HPS, EHPS & EPS), Safety Features (With ABS/ESP & Without ABS/ESP), & Geography - Industry Trends & Forecast to 2018

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Mr. Rohan
since: 04/2009
Follow >
Market Research Report
Like >
Follow us on
Visit website