Global Powered Agriculture Equipment Market Trends, Demand and Forecast To 2023Posted by Rishikesh Kurane on September 27th, 2019 According to the latest analysis presented by Market Research Future (MRFR), the global powered agriculture equipment market is set to strike a CAGR of 5.43% during the forecast period. The valuation of the market is likely to touch USD 99.89 Bn towards the end of the review period. The exponential population of the world has led to a drastic rise in the demand for food. This, in turn, has accelerated the need for advancements in agriculture technology for better productivity. The growth trajectory of the powered agriculture equipment market is guided by these technological innovations and advancements. The advent of the Internet of Things (IoT) and automation has led to a noteworthy development in the powered agriculture equipment market. Automation in agriculture has opened new avenues for growth in the near future. The need for maximum production in limited space is projected to push the expansion of the powered agriculture equipment market. Investments are poised to flow towards the development of innovative power equipment for revolutionizing scientific agriculture. Furthermore, the need for machinery for undertaking new ways of farming such as hydroponics are also prognosticated to favor the proliferation of the powered agriculture equipment market through the assessment period. Get Free Sample of “Powered Agriculture Equipment Market Research Report- Global Forecast to 2023” @ https://www.marketresearchfuture.com/sample_request/2439 Market Segmentation: North America is expected to hold the second position in the global marketplace and touched a valuation of USD 20.2 Bn in 2016. North America has always pioneered technological innovations which are likely to favor the expansion of the powered agriculture equipment market in the foreseeable future. The U.S. is a major producer of wheat, corn, and soybean, which has motivated the leaders to revolutionize the regional market. Furthermore, Canada is also another major country-level market expected to complement the proliferation of the regional market. Europe accounts for 24.7% share of the global powered agriculture and equipment market. Germany and France are the most substantial country-level markets in the region. Furthermore, Germany is also one of the leading exporters of agriculture machinery in the world. It is anticipated to exhibit significant growth over the assessment period. Competitive Landscape: Industry News: In September 2018, Engineering conglomerate Escorts showcased automated concept tractor aimed at smart farming solutions. Escorts has collaborated with seven companies for the development of this autonomous tractor that will guide the farmers. In December 2018, the U.S. based Sullivan Auctioneers powered by Proxibid launched eTractor.com for trusted online equipment solutions, timed auctions, offering live auctions, and an equipment marketplace Get Complete Report Details of “Powered Agriculture Equipment Market Research Report- Global Forecast to 2023” @ https://www.marketresearchfuture.com/reports/powered-agriculture-equipment-market-2439 Table of Contents 1 Executive Summary 2 Introduction 3 Research Methodology 4 Market Dynamics 5 Market Factor Analysis 6 Global Powered Agriculture Equipment Market, By Product Type 7 Global Powered Agriculture Equipment Market, By Region 8 Competitive Scenario 9 Company Profile List of Tables TABLE 1 SUBSIDIES SPECIFICALLY FOR THE PURCHASE OF AGRICULTURE EQUIPMENT TABLE 2 WORLD FARMING CALENDAR TABLE 3 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2015-2023 TABLE 4 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY REGION, 2015-2023 TABLE 5 NORTH AMERICA: POWERED AGRICULTURE EQUIPMENT MARKET, BY COUNTRY, 2015-2023 ... List of Figure FIGURE 1 RESEARCH PROCESS OF MRFR FIGURE 2 TOP DOWN & BOTTOM UP APPROACH FIGURE 3 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET FIGURE 4 SIZE OF AGRICULTURE IN GDP FIGURE 5 EFFECT OF ECONOMIC ENVIRONMENT ON THE AGRICULTURE EQUIPMENT DEMAND Continued……. About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services. CONTACT US: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 slase@marketresearchfuture.com Like it? Share it!More by this author |