DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/slfd28/global_and)
has announced the addition of the "Global
and Chinese Agricultural Machinery Industry Report, 2014-2016"
report to their offering.
Since the implementation of policy
of subsidies for purchasing agricultural machinery in 2004, China
agricultural machinery industry has maintained double-digit growth, even
with the operating revenue growth rate of 33.8% in 2011. However, China
agricultural machinery industry transferred to a new situation (New
Normal) in 2014 as the in-depth adjustment of industrial structure
accelerated. In 2014, the operating revenue only went up by 8.8% year on
year, and the growth rate fell by 7.5 percentage points from 2013.
After
years of rapid growth, China's tractor, wheat& rice harvester,
transplanter and other markets declined to varied extent in 2014, in
which the tractor market slumped most evidently, especially small
tractors.
Although China agricultural machinery industry
witnesses landslide, the total subsidies and agricultural mechanization
level continue to rise. In 2014, the subsidies amounted to RMB23.755
billion, setting a new record high; the total power of agricultural
machinery reached 1.076 billion kilowatts, representing a year-on-year
increase of 3.6%; the agricultural mechanization level hit 61.0%,
fulfilling the goal of "Twelfth Five-year" Plan in advance.
At
the same time, the mechanization level of three major crops (wheat, corn
and rice) has improved significantly, especially corn and rice. The
mechanization rate of corn harvesting jumped from 10.6% in 2008 to 55%
in 2014; and that of rice harvesting soared from 51.2% to 81.0%. In
contrast, the mechanization of potato, cotton, rapeseed, peanut and
other crops still stays at a low level, which will be the development
focus of the industry in future.
In addition, national
industrial policies, market potentials and other factors have propelled
almost all of well-known foreign agricultural machinery enterprises and
powerful Chinese machinery and equipment manufacturers to successively
access into the Chinese agricultural machinery market.
Key
Topics Covered:
1. Status Quo of Agricultural
Machinery Industry Worldwide
2 Policy Environment of
Agricultural Machinery Industry in China
3 Development of
Agricultural Machinery Industry in China
4 Key Agricultural
Machinery in China
5 Key Provinces & Municipalities of
Agricultural Machinery Industry in China
6 Key Agricultural
Machinery Companies Worldwide
7 Key Agricultural Machinery
Companies in China
8 Summary and Forecast
Companies
Mentioned
- AGCO
- CLAAS Jinyee
- CNH
Industrial
- Changzhou Dongfeng Agricultural Machinery Group Co.,
Ltd.
- Claas
- Competitive Edge
- Foton Lovol
International Heavy Industry Co., Ltd.
- Jiangsu Changfa Group
-
John Deere
- Kubota
- Modern Agricultural Equipment Co., Ltd.
-
Same Deutz-Fahr
- Shandong Changlin Machinery Group Co., Ltd.
-
Shandong Juming
- Shandong Shifeng (Group) Co., Ltd.
-
Shandong Wuzheng (Group) Co. Ltd.
- World Agricultural Machinery
-
Xingguang Agricultural Machinery
- Xinjiang Machinery Research
Institute Co., Ltd.
- YTO Group Corporation
- Zoomlion Heavy
Machinery
For more information visit http://www.researchandmarkets.com/research/slfd28/global_and