Europe Farm Equipment Market Size, Share, Opportunities, And Trends By Type (Combines, Plows, Sprayers, Planters, Others), By Function (Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing), By Application Period (Pre-Harvesting, During And Post-Harvesting), And By Country - Forecasts From 2019 To 2024
- Published : Mar 2021
- Report Code : KSI061613193
- Pages : 92
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 labour, improving crop quality, and reducing the time for agricultural work. The agriculture sector is one of the mainland users in the European region. For example, according to FAO, out of the total land area of 54755.7 (‘000 hectares) of land in France, 28718.02 (‘000 hectares) of land is an agricultural area.
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. Furthermore, the increasing research and development for technological advancement in farm equipment are 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.
Segmentation
The European farm equipment market can be segmented based on type, function, application period, and country.
- By Type
- Combines
- Plows
- Sprayers
- Planters
- Others
- By Function
- Plowing & Cultivating
- Sowing & Planting
- Plant Protection & Fertilizing
- Harvesting & Threshing
- By Application Period
- Pre-Harvesting
- During and Post-Harvesting
- By Country
- United Kingdom
- Germany
- France
- Spain
- Russia
- Poland
- Sweden
- Netherlands
- Others
CNH Industrial
Sonalika Group
Tong Yang Moolsan (TYM)
Exel Industries
Bucher Industries
Escorts Ltd.
Related Reports
Report Name | Published Month | Get Sample PDF |
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France Farm Equipment Market Size: Reports, till 2027 | Mar 2021 | |
Netherlands Farm Equipment Market: Report, 2022 – 2027 | Mar 2021 | |
United Kingdom Farm Equipment Market Size: 2022 – 2027 | Mar 2021 | |
Russia Farm Equipment Market Size: Industry Analysis, 2022 – 2027 | Mar 2021 | |
Poland Farm Equipment Market Size: Industry Report, 2022 – 2027 | Mar 2021 |