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 the market growth to continue in the forecasted period. However, the high cost of equipment and the growing market for used/second-hand equipment is a restraint in the growth of the market.
Australia farm equipment market can be segmented based on type, function, and application period.
By Application Period
During and Post-Harvesting
Unique reasons to buy Australia farm equipment market report-
1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to detailed analysis of drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.
5. The report can also be provided in both PowerPoint and Portable Document Formats depending upon the request.
Scope of research of Australia farm equipment market -
1. The forecast period is from 2019 to 2024 with 2018 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints.
3. Strategies of the key players in analyzing the competitive benchmarking are provided in the report.
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.