Jan 19, 2021   SOURCE: BusinessWire

Global Agricultural Machinery Market In India | COVID-19 Market Analysis and Impacts | Technavio

The agricultural machinery market in India is poised to grow by USD 3.73 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period.

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Technavio has announced its latest market research report titled Agricultural Machinery Market in India 2020-2024 (Graphic: Business Wire).

Technavio has announced its latest market research report titled Agricultural Machinery Market in India 2020-2024 (Graphic: Business Wire).

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The report on the agricultural machinery market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by government initiatives to support sustainable agricultural practices.

The agricultural machinery market in India analysis includes the product segment. This study identifies the adoption of contract farming as one of the prime reasons driving the agricultural machinery market in India growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The agricultural machinery market in India covers the following areas:

Agricultural Machinery Market In India Sizing

Agricultural Machinery Market In India Forecast

Agricultural Machinery Market In India Analysis

Companies Mentioned

  • AGCO Corp.
  • Amalgamations Group Co.
  • CLAAS Group
  • CNH Industrial NV
  • Deere & Co.
  • Escorts Ltd.
  • International Tractors Ltd.
  • ISEKI & Co. Ltd.
  • Kubota Corp.
  • Mahindra & Mahindra Ltd. 

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Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Tractors - Market size and forecast 2019-2024
  • Harvesting machinery - Market size and forecast 2019-2024
  • Haying machinery - Market size and forecast 2019-2024
  • Planting and fertilizing machinery - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Overview

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption
  • Vendor Analysis

Vendors covered

  • Market positioning of vendors
  • AGCO Corp.
  • Amalgamations Group Co.
  • CLAAS Group
  • CNH Industrial NV
  • Deere & Co.
  • Escorts Ltd.
  • International Tractors Ltd.
  • ISEKI & Co. Ltd.
  • Kubota Corp.
  • Mahindra & Mahindra Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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