Forecast On Agriculture Equipment Market Global Industry Analysis and Trends till 2025
Verfasser: ShashiiPawar on Thursday, 27 April 2017Agriculture equipment are the machine tools used in the various stage of agriculture such as harvesting, planting, threshing and agro processing. Agriculture equipment are replacing traditional tools: for traditional practice in land development, tillage and seed bed preparation plough and blade harrow were used but current practice includes tractors, mould board plough and power tiller.
Agriculture Equipment Market: Drivers & Restraints
Growing population at faster pace is the main driver for agricultural equipment market as it spurs the need of food which aggressively demand for better equipment for agriculture. Though agriculture equipment help in the cultivation but farmers are in having financial issues to replace the old equipment with new machinery, which hindered the growth of the global agriculture equipment market. Asia Pacific is one of the major user of tractor.
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Agriculture Equipment Market: Segmentation
On the basis of product type, agriculture Equipment market is broadly segmented as:
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Tractor
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Combine Harvester