Germany farm equipment market is expected to reach US$1,657.021 million by 2024. Agriculture in Germany represents only a minor sector in the national economy of the country. However, the technological advancement in the region with respect to farm equipment will help the market to grow. Furthermore, the increasing research and development for technological advancement in the farm equipment are also augmenting the market growth to continue in the forecasted period. However, the high cost Read more...
Nigeria farm equipment market was valued at US$3,573.732 million in 2018. Farm equipment are used in the production, harvesting, and care of the agriculture or farm produce. These 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 is driving the market for farm equipment. The growing population is attributing the market growth too since it leads to an inc Read more...
The North America Farm Equipment Market is expected to reach US$11,841.393 million by 2024. 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. Read more...
Sweden farm equipment market is expected to reach US$337.949 million in 2024. Sweden imports most of the agricultural products due to the shrinking skilled labor force in agriculture. However, government initiatives like merging the small unprofitable land into large units have helped the agriculture sector. The increasing automation in the field of agriculture is driving the farm equipment market growth. Furthermore, the increasing research and development for technological advancement in the Read more...
Chile farm equipment market is expected to reach US$446.005 million in 2024 from US$408.079 million in 2018. Export in Chile is concentrated on the copper and agricultural sector. The agricultural products exported from Chile include fresh fruits, forestry, wine, and fishery products. The increasing automation in the agricultural market is driving the market. The growing population is also attributing to the farm equipment market growth since it leads to an increase in the demand for food. Mor Read more...
Egypt farm equipment market is expected to reach US$1,665.221 million by 2024. The total cultivated area represents only 3% of the total land area. The increasing population has led to the government taking into consideration agriculture development as the duty of the state. 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. Read more...
Spain farm equipment market is expected to reach US$2,217.743 million by 2024 from US$1,837.797 million in 2018. Agriculture is one of the sectors that drive the economy of Spain. Meat production for domestic consumption accounts for a major share of all the farm production. The rising population which is increasing the demand for food is driving the farm equipment market. The increasing automation in the field of agriculture will also support market growth. Furthermore, the increasing researc Read more...
The global agricultural sprayers market is projected to grow at a CAGR of 6.77% to reach a valuation of US$8,544.607 million by 2025, from US$5,767.802 million in 2019. Agriculture sprayer is a type of a device, which is used, for spraying chemicals and substances such as herbicides, pesticides, insecticides and fungicides to keep the food crops safe and the quality of the yield up to the mark. There are several types of sprayers that are used to deliver these chemicals all over the field and Read more...
The silicon fertilizer market is expected to surge with a CAGR of 4.37% to achieve a market size of US$1,327.992 million by 2025, from US$1,027.405 million in 2019. The use of silica is essential in plant growth because the introduction of silicon fertilizer in plants assists in improving the plant’s resistance against abiotic stress conditions. Hence, with the growing impact of climate change worldwide, the market is expected to propel in the forecast period, thus increasing the c Read more...
The global timber trailer market is projected to grow at a CAGR of 1.52% to reach US$1.212 billion by 2025, from US$1.107 billion in 2019. Timber trailer also called a timber lorry, is a flatbed or platform type trailer used for the transport of logs from one place to another in a shorter time. These trucks are used for either commercial purposes such as small home renovations and woodwork or are used for construction applications like structures and supports in the conditions with low l Read more...
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