Asia Pacific Farm Equipment Market By Type (Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment, Others), By Automation (Automatic, Semi-Automatic, Manual), By Sales Channel (OEMs v/s Aftermarket), By Application (Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest & Agro Processing, Others), By Country, Forecast & Opportunities 2025

Asia Pacific farm equipment market is expected to grow at a formidable rate during the forecast period. The Asia Pacific farm equipment market is driven by the increasing population, especially in countries like India and China. This has led to an increase in the demand for food, which in turn is expected to increase the use of agricultural equipment, which can help in increasing the productivity, profitability while reducing operational costs. This in turn is expected to positively influence the market growth through 2025. Additionally, increasing adoption of advanced agricultural practices by the farmers, especially in terms of irrigation in order to meet water scarcity problems and save water is further expected to spur the market growth over the next few years. Besides, supportive government policies & schemes such as Sub-Mission on Agriculture Mechanization Scheme and ‘Make in India’ schemes in India, Self Sufficiency policy in China, Indonesia Agricultural Work Plan 2019, among others are further expected to fuel the market growth over the next few years. 

The Asia Pacific farm equipment market is segmented based on type, automation, sales channel, application, company and country. Based on type, the market can be categorized into tractors, harvesters, planting equipment, irrigation & crop processing equipment, spraying equipment, hay & forage equipment and others. Among these, the tractors segment is expected to dominate the market on account of their use in both standalone manner and in combination with other agricultural equipment and machinery. Based on application, the market can be fragmented into land development & seed bed preparation, sowing & planting, weed cultivation, plant protection, harvesting & threshing, post-harvest & agro processing and others. Here, the harvesting and threshing segment is expected to hold a significant market share since it helps in easing the crop harvesting procedures and saves time and costs.

Major players operating in the Asia Pacific farm equipment market include John Deere (Deere & Company), AGCO Corporation, CNH Industrial (India) Pvt. Ltd, Kubota Corporation, Mahindra & Mahindra Limited, SDF Group, J C Bamford Excavators Limited, Iseki & Co. Ltd., China National Machinery Industry Corporation Ltd. (Sinomach), Escorts Group and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

• To analyze and estimate the market size of Asia Pacific farm equipment market from 2015 to 2018.
• To estimate and forecast the market size of Asia Pacific farm equipment market from 2019 to 2025 and growth rate until 2025.
• To classify and forecast Asia Pacific farm equipment market based on type, automation, sales channel, application, company and country distribution.
• To identify dominant country or segment in the Asia Pacific farm equipment market.
• To identify drivers and challenges for Asia Pacific farm equipment market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Asia Pacific farm equipment market.
• To identify and analyze the profile of leading players operating in Asia Pacific farm equipment market.
• To identify key sustainable strategies adopted by market players in Asia Pacific farm equipment market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the region.

TechSci Research calculated the market size of Asia Pacific farm equipment market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Farm equipment manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to farm equipment
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Asia Pacific farm equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Asia Pacific Farm Equipment Market, By Type:
• Tractors
• Harvesters
• Planting Equipment
• Irrigation & Crop Processing Equipment
• Spraying Equipment
• Hay & Forage Equipment
• Others
• Asia Pacific Farm Equipment Market, By Automation:
• Automatic
• Semi-Automatic
• Manual
• Asia Pacific Farm Equipment Market, By Sales Channel:
• OEM
• Aftermarket
• Asia Pacific Farm Equipment Market, By Application:
• Land Development & Seed Bed Preparation
• Sowing & Planting
• Weed Cultivation
• Plant Protection
• Harvesting & Threshing
• Post-harvest & Agro Processing
• Others
• Asia Pacific Farm Equipment Market, By Country:
• China
• India
• Japan
• South Korea
• Australia
• Singapore
• Malaysia
• Indonesia
• Thailand
• Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Asia Pacific farm equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Asia Pacific farm equipment market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Asia Pacific Farm Equipment Market

4.    Executive Summary

5.    Voice of Customer

6.    Asia Pacific Farm Equipment Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment, Others)

6.2.2.     By Automation (Automatic, Semi-Automatic, Manual)

6.2.3.     By Sales Channel (OEMs v/s Aftermarket)

6.2.4.     By Application (Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest & Agro Processing, Others)

6.2.5.     By Company (2019)

6.2.6.     By Region

6.3.  Product Market Map

6.4.  Asia-Pacific: Country Analysis

6.4.1.     China Farm Equipment Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value & Volume

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Type

6.4.1.2.2.             By Automation

6.4.1.2.3.             By Sales Channel

6.4.1.2.4.             By Application

6.4.2.     India Farm Equipment Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value & Volume

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Type

6.4.2.2.2.             By Automation

6.4.2.2.3.             By Sales Channel

6.4.2.2.4.             By Application

6.4.3.     Australia Farm Equipment Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value & Volume

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Type

6.4.3.2.2.             By Automation

6.4.3.2.3.             By Sales Channel

6.4.3.2.4.             By Application

6.4.4.     Japan Farm Equipment Market Outlook

6.4.4.1.         Market Size & Forecast

6.4.4.1.1.             By Value & Volume

6.4.4.2.         Market Share & Forecast

6.4.4.2.1.             By Type

6.4.4.2.2.             By Automation

6.4.4.2.3.             By Sales Channel

6.4.4.2.4.             By Application

6.4.5.     South Korea Farm Equipment Market Outlook

6.4.5.1.         Market Size & Forecast

6.4.5.1.1.             By Value & Volume

6.4.5.2.         Market Share & Forecast

6.4.5.2.1.             By Type

6.4.5.2.2.             By Automation

6.4.5.2.3.             By Sales Channel

6.4.5.2.4.             By Application

6.4.6.     Singapore Farm Equipment Market Outlook

6.4.6.1.         Market Size & Forecast

6.4.6.1.1.             By Value & Volume

6.4.6.2.         Market Share & Forecast

6.4.6.2.1.             By Type

6.4.6.2.2.             By Automation

6.4.6.2.3.             By Sales Channel

6.4.6.2.4.             By Application

6.4.7.     Malaysia Farm Equipment Market Outlook

6.4.7.1.         Market Size & Forecast

6.4.7.1.1.             By Value & Volume

6.4.7.2.         Market Share & Forecast

6.4.7.2.1.             By Type

6.4.7.2.2.             By Automation

6.4.7.2.3.             By Sales Channel

6.4.7.2.4.             By Application

6.4.8.     Thailand Farm Equipment Market Outlook

6.4.8.1.         Market Size & Forecast

6.4.8.1.1.             By Value & Volume

6.4.8.2.         Market Share & Forecast

6.4.8.2.1.             By Type

6.4.8.2.2.             By Automation

6.4.8.2.3.             By Sales Channel

6.4.8.2.4.             By Application

6.4.9.     Indonesia Farm Equipment Market Outlook

6.4.9.1.         Market Size & Forecast

6.4.9.1.1.             By Value & Volume

6.4.9.2.         Market Share & Forecast

6.4.9.2.1.             By Type

6.4.9.2.2.             By Automation

6.4.9.2.3.             By Sales Channel

6.4.9.2.4.             By Application

6.4.10.  Vietnam Farm Equipment Market Outlook

6.4.10.1.      Market Size & Forecast

6.4.10.1.1.           By Value & Volume

6.4.10.2.      Market Share & Forecast

6.4.10.2.1.           By Type

6.4.10.2.2.           By Automation

6.4.10.2.3.           By Sales Channel

6.4.10.2.4.           By Application

7.    Market Dynamics

7.1.  Drivers

7.2.  Challenges

8.    Market Trends & Developments

9.    Competitive Landscape

9.1.  John Deere (Deere & Company)

9.2.  AGCO Corporation

9.3.  CNH Industrial (India) Pvt. Ltd

9.4.  Kubota Corporation

9.5.  Mahindra & Mahindra Limited

9.6.  SDF Group

9.7.  J C Bamford Excavators Limited

9.8.  Iseki & Co. Ltd.

9.9.  China National Machinery Industry Corporation Ltd. (Sinomach)

9.10.              Escorts Group

10.  Strategic Recommendations

11.  About Us & Disclaimer