Poland farm equipment market was valued at US$664.799 million in 2018. Poland is a country grounded in agriculture and forestry. More than 60% of the land is taken up by the farming sector. Therefore, there is a demand for farm equipment that helps in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work. The increasing automation in the field of agriculture and farming is driving the market for farm equipment. The scarcity of skilled labor Read more...
China farm equipment market is expected to reach US$38,723.455 million by 2024, growing at a CAGR of 2.78% between the 2018-2024 period. China is a big agricultural country endowed with rich agricultural resources. According to FAO, China produces one-fourth of the world’s grain and feeds one-fifth of the world’s population with only 10% of arable land. However, the population in the country is the world’s largest, which requires advanced methods in agriculture so that t Read more...
Mexico farm equipment market was valued at US$1,643.042 million in 2018. Farm equipment refers to the equipment used for performing various field operations in agriculture and on-farm. The increasing automation in the field of agriculture and farming is driving the market for farm equipment. The growing population is attributing the market growth too since it leads to an increase in the demand for food. Furthermore, the increasing research and development for technological advancement in the f Read more...
Saudi Arabia farm equipment market is expected to grow at a CAGR of 3.24% during the forecast period. The active participation of the government has helped the country to turn the desert land into agricultural fields. Agriculture in the country is focused on the export of days, dairy products, eggs, fish, etc. farm equipment help in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work so that more output can be produced. The increasing auto Read more...
The South America Farm Equipment Market is expected to grow at 3.04% CAGR. Farm equipment help in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work. The increasing automation in the field of agriculture and farming along with the support from the governments in the region is driving the market for farm equipment. The growing population is attributing the market growth too since it leads to an increase in the demand for food. Additionally Read more...
The Europe Farm Equipment Market is expected to reach US$20,184.356 million by 2024 from US$15,959.926 million in 2018. Farm equipment refers to the equipment used for performing various field operations in agriculture and on-farm. It helps in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work. The agriculture sector is one of the mainland users in the Europe region. For example, according to FAO, out of the total land area of 54755.7 (&l Read more...
India farm equipment market is expected to reach US$25,528.198 million by 2024 from US$22,219.430 million in 2018 at a CAGR of 2.34%. Agriculture is the backbone of the Indian economy. Although the contribution of agriculture in the total GDP has decreased, it still employs the largest number of people. Also, the population of India is growing at a fast rate which will ultimately mean an increase in the demand for food. The use of farm equipment can help in improving the quality and in re Read more...
Australia farm equipment market was valued at US$1,577.310 million in 2018. Agriculture plays a vital role in the social, economic, and environmental sustainability of Australia. It contributes to 3% of the GDP of the country as well as provides the livelihood for many families. The increasing automation in the field of agriculture and farming is driving the market for farm equipment in Japan. Furthermore, the increasing technological advancement in the farm equipment is also augmenting t Read more...
Russia farm equipment market is expected to grow at a CAGR of 5.89% during the 2018-2024 forecast period. Farm equipment helps in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work. The increasing automation in the field of agriculture and farming is driving the market for farm equipment. The scarcity of skilled labor is also supporting the market growth. Furthermore, the increasing research and development for technological advancement in the Read more...
Indonesia farm equipment market is expected to reach US$3,602.871 million by 2024. Agriculture is one of the key sectors in the Indonesian economy. The farm equipment are used in the production, harvesting, and care of the agriculture or farm produce and helps in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work. The increasing automation in the field of agriculture and farming is driving the market for farm equipment. The growing population Read more...
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