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Pulished Date April, 2021
ID: 5635
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Asia Pacific Farm Mechanization Market By Product (Combine Harvester, Tractor, Rice Transplanter, Power Tiller And Land Leveler) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts | 2021 to 2026

Pulished: April, 2021
ID: 5635
Pages: 145

Asia Pacific Farm Mechanization Market Size & Growth (2021- 2026):

Asia Pacific Farm Mechanization Market was worth USD xx billion in 2021 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2026.

Farm Mechanization is the process in which agricultural machinery is used for farming purposes. The use of machinery in farming increases farm productivity while reducing the manual labor required. The machinery available in the current market includes harvesters, tractors, levelers and several farm implements. Large scale production is highly beneficial with the use of farming machinery rather than small scale farming.

By reducing labor requirements, efficient use of resources such as fertilizers, chemicals, water and seeds and by increasing the crop yield, usage of machinery results in increased profits. The usage of machinery in the post-harvest process is very useful. By using primary processing technology, wastage of agricultural produce is minimized. Further development of low-cost post-harvest technologies and scientific storage are trending in the farm mechanization market.

Asia Pacific Farm Mechanization Market Drivers:

The economic benefits associated with the usage of machinery in farming, technological innovations, and the production of low-cost machinery are the major factors driving the market. The introduction of machinery which uses alternative fuels and government investments in encouraging farmers to use farming machinery by giving incentives are also propelling the market growth. However, the high initial cost of the machinery is hindering the market growth.

Asia Pacific Farm Mechanization Market is segmented and sub-segmented into following categories:

By Product:

  • Combine Harvester
  • Tractor
  • Rice Transplanter
  • Power Tiller
  • Land leveler

Tractors hold the largest market share in the product segment. It is due to the evolved tractor technologies and due to the presence of several companies in the market which provides them. Harvesters also contribute significantly to the farm mechanization market due to the reduced wastage of agricultural produce using these compared to manual harvesting. Tillers and land levelers are increasing in market size due to the high market penetration.

Regional Analysis:

On the basis of region, the Asia Pacific Farm Mechanization market is categorized into China, India, Japan, Australia, and South Korea. The Asia Pacific is the fastest-growing market segment due to the presence of large agricultural areas and the need to increase the yields due to the large population. Governments of China and India passed several bills to subsidize the machinery sold to the farmers to encourage them.

Key Players:

  • John Deere
  • CNH Global
  • AGCO
  • Alamo Group
  • Kubota
  • International Harvester
  • TAFE
  • Mitsubishi

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods   

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Combine Harvester             

                                5.1.3 Tractor      

                                5.1.4 Rice Transplanter 

                                5.1.5 Power Tiller            

                                5.1.6 Land leveler            

                                5.1.7  Y-o-Y Growth Analysis, By Product              

                                5.1.8  Market Attractiveness Analysis, By Product            

                                5.1.9  Market Share Analysis, By Product              

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                       By Geographical Area

                                       By Product

                                6.1.4  Market Attractiveness Analysis     

                                       By Geographical Area

                                       By Product

                                6.1.5  Market Share Analysis      

                                       By Geographical Area

                                       By Product

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

     7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 John Deere                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 CNH Global                 

                8.3 AGCO                            

                8.4 Alamo Group                             

                8.5 Kubota                         

                8.6 International Harvester                         

                8.7 TAFE                              

                8.8 CLAAS                           

                8.9 Mitsubishi                   

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures    

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         


                a) List of Tables                

                b) List of Figures                              

  •  Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia Pacific Farm Mechanization Market By Product, From2021-2026 ( USD Billion )
  2. Asia Pacific Combine Harvester Market By Region, From2021-2026 ( USD Billion )
  3. Asia Pacific Tractor Market By Region, From2021-2026 ( USD Billion )
  4. Asia Pacific Rice Transplanter Market By Region, From2021-2026 ( USD Billion )
  5. Asia Pacific Power Tiller Market By Region, From2021-2026 ( USD Billion )
  6. Asia Pacific Farm Land leveler Market By Region, From2021-2026 ( USD Billion )
  7. Japan Farm Mechanization Market By Product, From2021-2026 ( USD Billion )
  8. China Farm Mechanization Market By Product, From2021-2026 ( USD Billion )
  9. India Farm Mechanization Market By Product, From2021-2026 ( USD Billion )
  10. Australia Farm Mechanization Market By Product, From2021-2026 ( USD Billion )
  11. South Korea Farm Mechanization Market By Product, From2021-2026 ( USD Billion )

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