DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wznsgd/china) has announced the addition of the "China Agricultural Equipment Market, Sales Volume Forecast & Opportunity" report to their offering.
China is the most promising country for the agricultural equipment industry, with an increasing demand for larger-sized machines (40+hp), enhanced by the growing trend of farm concentration, the expansion of farms cooperatives and the increase in land rental practices. The agricultural equipment market in China has made great achievements and China's production of agricultural equipment has grown along with agricultural development in general. It is expected that China agricultural equipment market will be more than US$ 16 Billion by the year 2020. Large & Medium Tractors is having the highest market share in 2014 and this segment is likely to lead the market by the year 2020.
In terms of volume share Large & Medium towing farm machinery controls the sales volume share in 2014. The Small Farm Tractors sales volume in China is expected to rise by 8 times by the year 2020 from the sales volume in the year of 2014. The future market potential for agricultural equipment in China is sound, and provides manufacturers with ample scope to capitalize on emerging opportunities.
The report titled "China Agricultural Equipment Market, Sales Volume Forecast & Opportunity" provides a comprehensive analysis of the China Agricultural Equipment covering in detail various aspects such as number of Agriculture Equipment Sales Volume, Agriculture Equipment Market and share of the China Agricultural Equipment in terms of Market and Sales Volume.
Key Topics Covered
- Executive Summary
- China - Number of Agricultural Equipment Sales Volume & Forecast (2005 - 2020)
- China - Agricultural Equipment Market & Forecast (2005 - 2020)
- China - Agricultural Equipment Sales Volume & Market Share (2005 - 2020)
- China - Agricultural Equipment Sales Volume & Market Analysis - Segment wise (2005 - 2020)
- Growth Drivers in China Agricultural Equipment Industry
- Challenges in China Agricultural Equipment Industry
For more information visit http://www.researchandmarkets.com/research/wznsgd/china