Asia-Pacific Agriculture Equipment Market 2019-2025: Forecast by Products, Countries & Competitive Landscape - ResearchAndMarkets.com

DUBLIN--()--The "Asia Pacific Agriculture Equipment Market (2019-2025): Market Forecast By Products (Harvesters, Threshers, Pumps, Power Tillers, Rotavators and Others), by Countries and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

APAC agriculture equipment market is anticipated to witness healthy growth during the forecast period as the region is going through a phase of transition from conventional methods of farming to mechanized farm practices.

The declining number of workers involved in agricultural practices, rising labor cost, government subsidies on purchase of agriculture machines, increased need for operational efficiency and modernization of agriculture sector are the major reasons that are expected to drive the market of agriculture equipment in the Asia Pacific region during the forecast period.

Asia Pacific (APAC) agriculture equipment market is projected to grow at a CAGR of 5.2% during 2019-2025.

The report thoroughly covers the market by countries, by product types, and by HP range. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

A major reason for the growth is the increased government support in way of subsidies on the purchase of agriculture equipment and fixing minimum crop price to stabilize farmers income. Examples include the Sub-Mission on Agriculture Mechanization Scheme in India and Indonesia Agriculture Work Plan 2019. Other factors that are expected to drive the APAC agriculture equipment market are the rapid urbanization, increased food demand, migration and ageing of the rural population, due to which the number of farmers is decreasing, and dependence on farm mechanization is expected to increase in the region during the forecast period.

Countries such as Japan and China are projected to grow at a slower pace as compared to other countries in the APAC region as the market in these countries is already reached a saturation level. However, the market is anticipated to witness a phase of recovery from 2019 onwards. China is the major contributor to the Asia Pacific agriculture equipment market revenues.

Amongst all the products, the tractor is the major shareholder in the Asia Pacific agriculture equipment market revenues and is expected to maintain its dominance during the forecast period as well. Moreover, 30.1-70 HP segment acquired the major revenue share in the market of tractors, rotavators, and threshers in the APAC region, while 70.1- 130 HP is the major revenue contributor in case of harvesters. For pumps, 130.1- 200 HP and for power tillers, less than 30 HP acquired the largest share in the total market revenue of these products in 2018.

Some of the key players in the Asia Pacific agriculture equipment market are Kubota, Mahindra & Mahindra, Yanmar, John Deere, Claas, CNH Industrial, AGCO, CNP Pumps, Ebara and Torishima.

Key Topics Covered

1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights of the Report

2.3. Market Scope & Segmentation

2.4. Methodology Adopted and Key Data Points

2.5. Assumptions

3. Asia Pacific Agriculture Equipment Market Overview

3.1. Asia Pacific Agriculture Equipment Market Revenues and Volume, 2015-2025F

3.2. Asia Pacific Agriculture Equipment Market Revenue Share, By Products, 2018 & 2025F

3.3. Asia Pacific Agriculture Equipment Market Revenue Share, By Countries, 2018 & 2025F

3.4. Asia Pacific Agriculture Equipment Market-Industry Life Cycle, 2018

3.5. Asia Pacific Agriculture Equipment Market-Porter's Five Forces

4. Asia Pacific Agriculture Equipment Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Asia Pacific Agriculture Equipment Market Trends

6. India Agriculture Equipment Market Overview

7. China Agriculture Equipment Market Overview

8. Japan Agriculture Equipment Market Overview

9. Australia Agriculture Equipment Market Overview

10. Indonesia Agriculture Equipment Market Overview

11. Rest of Asia Pacific Agriculture Equipment Market Overview

11.1. Rest of Asia Pacific Agriculture Equipment Market Revenues and Volume, 2015-2025F

12. Asia Pacific Agriculture Equipment Market Opportunity Assessment

12.1. Asia Pacific Agriculture Equipment Market Opportunity Assessment, By Countries

13. Asia Pacific Agriculture Equipment Market Competitive Landscape

13.1. Asia Pacific Agriculture Equipment Market Competitive Benchmarking, By Product Type

13.2. India Agriculture Equipment Market Company Ranking, By Equipment, 2018

13.3. China Agriculture Equipment Market Company Ranking, By Equipment, 2018

13.4. Japan Agriculture Equipment Market Company Ranking, By Equipment, 2018

13.5. Australia Agriculture Equipment Market Company Ranking, By Equipment, 2018

13.6. Indonesia Agriculture Equipment Market Company Ranking, By Equipment, 2018

14. Company Profiles (Top 10)

14.1. Kubota Corporation

14.2. Yanmar Co. Ltd.

14.3. Deere and Company

14.4. Mahindra & Mahindra

14.5. CNH Industrial N.V.

14.6. CNP Pumps

14.7. CLAAS KGaA mbH

14.8. Ebara

14.9. Grundfos

14.10. Massey Ferguson

14.11. Torishima Mfg. co. Ltd.

15. Key Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/laao9r

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900