Global and China Agricultural Machinery Market (2020 to 2026) - Featuring John Deere, CNH Industrial & AGCO Among Others - ResearchAndMarkets.com

DUBLIN--()--The "Global and China Agricultural Machinery Industry Report, 2020-2026" report has been added to ResearchAndMarkets.com's offering.

In 2019, the total revenue of agricultural machinery enterprises (each with annual revenue over RMB20 million) nationwide was RMB 246.467 billion, a decrease of 4.43% over the previous year, and the industry's profits were RMB 10.339 billion, down 0.25% from a year ago. In 2019, China produced 40,000 large tractors on a par with that in 2018 238,000 medium-sized tractors were produced with a year-on-year increase of 17.2% the output of small tractors jumped 3.7% year-on-year to 340,000 units the harvester output was estimated at 255,000 units, a fall of 11.2% on an annualized basis.

China is superior in exporting agricultural machinery amid less dependence on imported products on account of ever better technologies about China-made agricultural machinery. In 2019, China imported 10,945 agricultural machines and fell 9.1% from the previous year. At the same time, China's agricultural machinery exports in 2019 plummeted by 17.2% year-on-year due to the depressed industry, the upgrading of National Emission Standards IV, and the Sino-US trade war.

By the end of 2018, the total power of China's agricultural machinery had reached 1.0037 billion kW, up 1.6% on a like-for-like basis. The comprehensive mechanization rate of crops for the whole year edged up 1.87 points YoY to 69.1% wherein, the overall mechanization rate of wheat fetched the highest 95.89%, and the comprehensive mechanization rate of rice, corn and soybean was above 80% apiece. Under favorable policies, the comprehensive mechanization rate of crops in China is rising year by year, expectedly reaching 77% by 2026.

Opportunities come with challenges in the agricultural machinery of China. The growing number of collective users such as cooperatives, farms, and agricultural reclamations year by year and the policies for subsoiling, deep plowing, land circulation and agricultural machinery purchase subsidies are conducive to the burgeoning demand for large, high-end and intelligent machines like high-power tractors. With stricter environmental requirements, off-road machinery emission standards will be inevitable upgraded and the technical threshold for industry accession will be raised ever.

Highlights in the report:

  • Status quo of global agricultural machinery market, development of agricultural machinery in major countries and key enterprises, etc.
  • China's agricultural machinery market environment and policy climate (including planning, subsidies and emission standards for agricultural machinery)
  • China's agricultural machinery industry (overview, main products, major enterprises, agricultural mechanization , future trends)
  • Chinese tractors, harvesters, rice transplanters, cotton pickers, grain dryers, plant protection UAVs (sales volume, ownership, market characteristics, key enterprises, and development trends)
  • Development of agricultural machinery industry in China's 17 major agricultural machinery producing provinces (including Heilongjiang, Shandong, Henan, etc.)
  • 8 global and 18 Chinese agricultural machinery enterprises (operation, R&D, development strategy, etc.)

Key Topics Covered:

1. Status Quo of Global Agricultural Machinery Industry

1.1 Market Overview

1.2 Major Countries

1.2.1 USA

1.2.2 Canada

1.2.3 Germany

1.2.4 Italy

1.2.5 Japan

1.3 Major Companies

2. Development Environment for Agricultural Machinery Industry in China

2.1 Market Environment

2.2 Policy Environment

3. Development of Agricultural Machinery Industry in China

3.1 Status Quo

3.1.1 Overview

3.1.2 Main Product Markets

3.1.3 Import & Export

3.1.4 Market Pattern

3.2 Agricultural Mechanization

3.2.1 Total Power and Structure of Agricultural Machinery

3.2.2 Ownership and Structure of Agricultural Machinery

3.2.3 Level of Agricultural Mechanization

3.2.4 Agricultural Mechanization Services

3.3 Development Trend

4. Main Agricultural Machinery Products in China

4.1 Tractor

4.2 Harvester

4.3 Transplanter

4.4 Cotton Picker

4.5 Grain Dryer

4.6 Plant Protection UAV

5. Key Provinces of Agricultural Machinery in China

5.1 Shandong

5.1.1 Total Amount of Agricultural Equipment

5.1.2 Level of Agricultural Mechanization

5.1.3 Agricultural Mechanization Services

5.1.4 Major Agricultural Machinery Enterprises

5.1.5 Development Planning

5.2 Heilongjiang

5.3 Henan

5.4 Hebei

5.5 Anhui

5.6 Hunan

5.7 Jiangsu

5.8 Others

5.8.1 Jiangxi

5.8.2 Hubei

5.8.3 Jilin

5.8.4 Yunnan

5.8.5 Shanxi

5.8.6 Sichuan

5.8.7 Inner Mongolia

5.8.8 Liaoning

5.8.9 Shaanxi

5.8.10 Zhejiang

6. Global Major Agricultural Machinery Companies

6.1 John Deere

6.2 CNH Industrial

6.3 AGCO

6.4 Claas

6.5 SDF

6.6 Kubota

6.7 Mahindra

6.8 ISEKI

7. Key Agricultural Machinery Companies in China

7.1 YTO Group Corporation

7.2 Foton Lovol International Heavy Industry Co., Ltd.

7.3 Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.

7.4 Shandong Changlin Machinery Group Co., Ltd.

7.5 Jiangsu Changfa Group

7.6 Shandong Shifeng (Group) Co., Ltd.

7.7 Shandong Wuzheng (Group) Co. Ltd.

7.8 Zoomlion Heavy Machinery Co., Ltd.

7.9 Shandong Juming Machinery Co., Ltd.

7.10 Jiangsu World Agricultural Machinery Co., Ltd.

7.11 CLAAS Agricultural Machinery (Shandong) Co. Ltd.

7.12 Modern Agricultural Equipment Co., Ltd.

7.13 Xinjiang Machinery Research Institute Co., Ltd.

7.14 Thinker Agricultural Machinery Co., Ltd.

7.15 Hebei Sino-Agri BOYO Agricultural Machinery Co., Ltd.

7.16 Tianjin Yongmeng Machinery Manufacturing Co., Ltd.

7.17 LION Agricultural Equipment Co., Ltd.

7.18 Hebei Nonghaha Agricultural Machinery Group Co., Ltd.

8. Summary and Forecast

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

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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