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Europe Agriculture Market Research Reports and Analysis: Ken Research

The report titled “Europe Agriculture Equipment Market Outlook to 2023 – By Type (Tractors, Harvesting Equipment, Soil Preparation and Cultivation Equipment, Haymaking Equipment, Crop Protection Equipment, Transport and Handling Equipment’s and Other Agricultural Equipment); and By Major Countries (Germany, France, Italy, UK, Poland, Spain and Others)” provides a comprehensive analysis on Europe Agriculture Equipment market. The report covers various aspects including introduction and overview, value chain analysis, market size by value and volume, market segmentation by type of agricultural equipment and its sub-segments; by major countries; comparative landscape, growth drivers, trends and developments, issues and challenges, trade scenario, snapshot on second hand equipment and rental space, country profiling, customer profiling in Europe agriculture equipment market and the regulatory framework of the industry. The report concludes with market projections and analyst recommendations highlighting the major opportunities and cautions.

Europe Agriculture Market Overview and Size

Europe Agriculture Equipment Market
Europe Agriculture Equipment Market

Europe agriculture equipment market was observed at a highly maturity stage though the farming sector within Europe has never stopped working towards innovation for agriculture equipment and every cycle brings in new technological innovation. Increasing presence of both international as well as domestic players coupled with new government initiatives has created a positive impact on the market. Europe agriculture equipment industry revenue has increased at a positive CAGR during the review period 2013-2018. The European agriculture market witnessed a decline in 2016 in terms of revenue but gradually recovered during 2017-2018. There has been a shift towards mechanization in the market as modern farm machines are now equipped with advanced technologies which aid in simplifying the farming activities. In addition to that, government support in the form of subsidies has further encouraged the growth of agriculture industry within European region.

Europe Agriculture Equipment Market Segmentation

Type (Tractors, Harvesting Equipment, Soil Preparation and Cultivation Equipment, Haymaking Equipment, Crop Protection Equipment, Transport and Handling Equipment’s and Other Agricultural Equipment)

The tractor segment within Europe agriculture equipment Industry was observed to dominate during 2018. Tractors are multipurpose equipment with ability to handle multiple implements such as harrows, ploughs, sprayers and others. The increasing use of advanced machinery in agricultural activities such as plowing the fields to get them ready for crop sowing is one of the major drivers of the tractor market in Europe. Harvesting equipment was recorded at second position within Europe agriculture equipment market. Earlier, farmers had to harvest crops by carrying out a series of laborious operations one after the other. Emergence of harvesting machinery has effectively reduced their time and efforts thus, meeting the growing demands of urban dwellers and help towards breaking up soil efficiently. These factors accelerate the need for agricultural equipment for harvesting by farmers. Amongst harvesting equipment, combine harvesters have the highest revenue. The remaining agriculture equipment such as soil preparation and cultivation equipment, haymaking equipment, crop protection equipment, transport and handling equipments and other agricultural equipment collectively captured the remaining market share in Europe agriculture equipment market during 2018.

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By Major Countries (Germany, France, Italy, UK, Poland, Spain and Others)

Among different European countries, Germany established itself as market leader in Europe agriculture equipment market during the year 2018 in terms of sales volume followed by France, Italy, UK, Poland, Spain and other European countries. In these countries, there has been a shift towards mechanization and shortage of labour has played a significant role in driving the adoption of mechanized products in farms. These machines are performing several farm activities with maximum accuracy and productivity, thereby encouraging farmers to implement mechanized technologies in their agricultural processes.

Comparative Landscape in Europe Agriculture Equipment Market

Competition within Europe agriculture equipment market was observed as heavily concentrated along with a presence of both international and local level players dominating the market. All International OEMs have an extensive distribution network through which they are able to sell their machines and are mainly imported. In terms of new entrants, it has become extremely difficult to enter the Europe agriculture equipment market as existing players have already established their brand identity and new players may not be able to find adequate means of distribution. Some of the parameters on the basis of which companies compete within this segment include price, quality, after sales services, access of distribution and dealership channels, online presence and others.

Europe Agriculture Equipment Market Future Outlook and Projections

Europe Agriculture Equipment market in terms of revenue will increase at a positive CAGR during the period 2019-2023. The market in the near future is estimated to grow at a tremendous rate owing to introduction of smart farming techniques such as precision farming and digital farming. The sector is also expected to witness higher investment in farm machinery with the increase in commodity prices leading to higher farm income. Manufacturers are now developing machines which have advanced technologies integrated in them such as drone monitoring and wireless soil probe which could create a positive impact over long term. An emerging trend in the agriculture equipment industry is IoT based smart farming which will help in remote monitoring and control of several cultivation processes and also record the data related to it. The farmers are becoming tech-savvy and are willing to adopt machinery which has advanced technology integrated into it thereby, driving Europe agriculture equipment industry both in terms of revenue and volume in future.

Key Segments Covered: –

By Type of Agriculture Equipment

Tractors

>300 HP

250-300 HP

200-250 HP

180-200 HP

150-180 HP

120-150 HP

100-120 HP

80-99 HP

50-79 HP

<= 49 HP

Harvesting Equipment

Self- Propelled Forage Harvester

Root Crop Harvester

Combine Harvester

Other Harvesting Machines (Potato harvesters, Mechanical Forage Harvesters and Grape harvesters)

Soil Preparation and Cultivation Equipment

Haymaking Equipment

Mounted or Trailed Mowers

Other Haymaking Equipment

Crop Protection Equipment

Sprayers (Mounted or Trailed)

Other Crop Protection Sprayers

Portable Sprayers (With or Without Sprayers)

Transporting and Handling Equipment

Other Agricultural Equipment (Precision agricultural equipment, electronic devices and IT-related equipment, dairy equipment, livestock equipment, garden machinery, irrigation equipment & parts and accessories of agricultural machinery)

By Countries

Italy

Germany

UK

France

Spain

Poland

Others (Austria, Belgium, Sweden and Romania)

Key Target Audience

Existing Agricultural Equipment Companies

New Market Entrants- Domestic OEMs

New Market Entrants- Foreign OEMs

Agricultural Equipment Financing Companies

Government Bodies

Investors & Venture Capital Firms

Agricultural Equipment Manufacturers

Agricultural Equipment Distributors

Agricultural Equipment Associations

Time Period Captured in the Report:

Historical Period: 2013-2018

Forecast Period: 2019-2023

Companies Covered: –

John Deere

AGCO

CNH Industrial

Claas

Kubota

Kuhn

Other Players (Iseki, SLH, Mercedes Benz, Landini, Belarus, Antonio Carraro, JCB Fastrac, Rigitrac, Lindner, Shibaura, Overige, Daedon, Hurlimann, Tumosan and Ursus)

Key Topics Covered in the Report: –

Executive Summary

Research Methodology

Europe Agriculture Equipment Market Introduction

Value Chain Analysis and Ecosystem in Europe Agriculture Equipment Market

Europe Agriculture Equipment Market Size, 2013-2018

Europe Agriculture Equipment Market Segmentation, 2014-2018

Trade Scenario in Europe Agriculture Equipment Market

Regulatory Framework in the European Agriculture Equipment Market

Customer Profiles in Europe Agriculture Equipment Market

Snapshot of Europe Agriculture Second-hand Equipment Market

Snapshot of Rental Space in European Agriculture Equipment’s Market

Comparative Landscape in Europe Agriculture Equipment Market

Europe Agriculture Equipment Market Future Outlook and Projections, 2019-2023

Analyst Recommendations for Europe Agriculture Equipment Market

Country Profiles in Europe Agriculture Equipment Market

For More Info on the Research Report, Click on the below link: –

Europe Agriculture Industry Analysis

Related Report by Ken Research: –

Indonesia Agriculture Equipment Market Outlook to 2025 – By Tractors Market (2 Wheeled & 4 Wheeled Tractors; < 40HP, 40-70HP & >70HP Tractors; Combine Harvesters Market (Less than 70HP, 70HP and >70HP); Rice Transplanters Market; Implements Market (Rotavator, Plough, Harrow, Fertilizer Spreaders & Others); and Regional Demand of Agriculture Equipment (Java, Sulawesi, Sumatra, Kalimantan & Others)

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com

+91-9015378249

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