DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/198422/global_farm_equipm) has announced the addition of the "Global Farm Equipment Market Report: 2011 Edition" report to their offering.
Farm equipments or agricultural equipments refer to the machineries and equipments which facilitate the agricultural operations to increase the yield as well as quality of crops. Agricultural equipments are available for all functions across the agricultural value chain. Some of the important ones include tractors, levelers, ploughs, drills, seeders, planters, trans-planters, harrow, tiller, sprayer, plough, harvester, thresher, digger, reaper, graders, cleaner, and huller. Amongst all the categories, tractors hold the major share in terms of sales, followed by harvesting machinery.
With the increasing mechanization and rising awareness regarding the importance of farm equipments for increasing yields as well as for doing operations in less time and with more ease, the market for farm equipments has been increasing for the past years. The market although declined in 2009, mainly due to the global economic slowdown which engulfed the global economy in late 2007, but with the recovery of the economy, the farm equipment market also started increasing in 2010, and is further expected to increase in the coming years. With the increasing population, and rising standard of living, the demand for food is likely to increase in the coming years.
In order to meet this increasing food demand, owing to the limited arable land availability, there is a need for improvement in technologies, which can be attained by increasing mechanization in agriculture, which would in turn lead to growth in the demand for agricultural equipments.
The European Union is the largest market for agricultural equipments, followed by North America, China and India. The global market for agricultural equipments is highly competitive and consolidated with top three players, controlling more than half of the market.
Key Topics Covered:
1. Agriculture or Farm Equipments
2. Global Farm Equipment Market
3. European Union Farm Equipment Market
4. North American Farm Equipment Market
5. Indian Farm Equipment Market
6. Brazilian Farm Equipment Industry
7. Growth drivers
8. Key Issues and Challenges
9. Farm Equipment - Competitive Landscape
10. Company Profiles
Companies Mentioned:
- John Deere
- CNH Global
- AGCO Corporation
For more information visit http://www.researchandmarkets.com/research/198422/global_farm_equipm