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Plowing and Cultivating Machinery - Global Market Trajectory & Analytics

  • ID: 2531233
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
China: a Threat to Europe’s Domination in Agricultural Machinery Production?

FEATURED COMPANIES

  • AGCO Corporation
  • Bush Hog Inc.
  • CNH Industrial N.V.
  • Dewulf NV
  • Horsch Maschinen GmbH
  • Iseki & Co. Ltd.
Global Plowing and Cultivating Machinery Market to Reach $14.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Plowing and Cultivating Machinery estimated at US$10 Billion in the year 2020, is projected to reach a revised size of US$14.9 Billion by 2027, growing at a CAGR of 5.8% over the period 2020-2027.





The U.S. Market is Estimated at $2.7 Billion, While China is Forecast to Grow at 8.9% CAGR

The Plowing and Cultivating Machinery market in the U.S. is estimated at US$2.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Select Competitors (Total 145 Featured):
  • AGCO Corporation
  • Bush Hog Inc.
  • CNH Industrial N.V.
  • Deere & Company (John Deere)
  • Dewulf NV
  • Horsch Maschinen GmbH
  • Iseki & Co. Ltd.
  • Kuhn Group
  • Kverneland Group
  • LEMKEN Gmbh & Co. KG
Frequently Asked Questions about the Global Market for Plowing and Cultivating Machinery

What is the estimated value of the Global Market for Plowing and Cultivating Machinery?

The Global Market for Plowing and Cultivating Machinery was estimated to be valued at $10.0 Billion in 2020.

What is the growth rate of the Global Market for Plowing and Cultivating Machinery?

The growth rate of the Global Market for Plowing and Cultivating Machinery is 5.9%, with an estimated value of $14.9 Billion by 2027.

What is the forecasted size of the Global Market for Plowing and Cultivating Machinery?

The Global Market for Plowing and Cultivating Machinery is estimated to be worth $14.9 Billion by 2027.

Who are the key companies in the Global Market for Plowing and Cultivating Machinery?

Key companies in the Global Market for Plowing and Cultivating Machinery include AGCO Corporation, Bush Hog Inc., CNH Industrial N.V., Deere & Company (John Deere), Dewulf NV, Horsch Maschinen GmbH, Iseki & Co. Ltd., Kuhn Group and LEMKEN Gmbh & Co. KG.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AGCO Corporation
  • Bush Hog Inc.
  • CNH Industrial N.V.
  • Dewulf NV
  • Horsch Maschinen GmbH
  • Iseki & Co. Ltd.

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Plowing and Cultivation Machinery - An Integral Part of Agricultural Machinery
  • Recent Market Activity
  • Increased Agriculture Mechanization Spurs Demand for Plowing and Cultivating Machinery
  • Exploding Population & Need for Food Security to Ensure Long-Term Growth
  • Developing Regions Push Forward the Market
  • Growth Drivers in a Nutshell
  • Key Challenges
  • Agricultural Machinery Market: A Macro Perspective
  • China - A Threat to Europe's Domination in Agricultural Machinery Production?
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
  • AGCO Corporation (USA)
  • Bush Hog, Inc. (USA)
  • CNH Industrial N.V. (UK)
  • Deere & Company (John Deere) (USA)
  • Dewulf NV (Belgium)
  • Horsch Maschinen GmbH (Germany)
  • Kuhn Group (France)
  • Kverneland Group (Norway)
  • LEMKEN Gmbh & Co. KG (Germany)

3. MARKET TRENDS & DRIVERS
  • Increase in Agricultural Output in Tandem with Population Growth Drive Demand
  • Mechanization of Farm Practices Dictate Demand Patterns
  • Government Subsidies - An Important Component Supporting Farm Mechanization
  • Demand for Bigger Equipment on the Rise
  • Used Plowing & Cultivating Machinery Gains Prominence Among Small Farmers
  • FDIs to Boost Demand for Plowing and Cultivating Machinery
  • Conservation Tillage - An Ecological Cultivating Technique to Reduce Soil Erosion
  • No-Till Farming - A Threat to Conventional Tillage
  • Disc Seeders Witness Increasing Popularity
  • Vertical Tillage: An Alternative for No-Till
  • Greater Adoption of Precision Farming Techniques to Influence Product Design
  • Technological and Product Innovations Lead the Way
  • Major Product Developments in Cultivating Machinery
  • Combined Cultivating Machine on the Horizon

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Plowing and Cultivating Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Plowing and Cultivating Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Plowing and Cultivating Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027

III. MARKET ANALYSIS
  • UNITED STATES
  • Table 4: USA Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 5: USA Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CANADA
  • Table 6: Canada Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 7: Canada Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • JAPAN
  • Table 8: Japan Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 9: Japan Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CHINA
  • Table 10: China Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 11: China Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • EUROPE
  • Table 12: Europe Current & Future Analysis for Plowing and Cultivating Machinery by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 13: Europe Historic Review for Plowing and Cultivating Machinery by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 14: Europe 15-Year Perspective for Plowing and Cultivating Machinery by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
  • FRANCE
  • Table 15: France Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 16: France Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • GERMANY
  • Table 17: Germany Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: Germany Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ITALY
  • Table 19: Italy Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: Italy Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED KINGDOM
  • Table 21: UK Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: UK Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SPAIN
  • Table 23: Spain Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Spain Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • RUSSIA
  • Table 25: Russia Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Russia Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF EUROPE
  • Table 27: Rest of Europe Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: Rest of Europe Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ASIA-PACIFIC
  • Table 29: Asia-Pacific Current & Future Analysis for Plowing and Cultivating Machinery by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 30: Asia-Pacific Historic Review for Plowing and Cultivating Machinery by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 31: Asia-Pacific 15-Year Perspective for Plowing and Cultivating Machinery by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
  • AUSTRALIA
  • Table 32: Australia Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 33: Australia Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • INDIA
  • Table 34: India Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 35: India Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SOUTH KOREA
  • Table 36: South Korea Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 37: South Korea Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF ASIA-PACIFIC
  • Table 38: Rest of Asia-Pacific Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 39: Rest of Asia-Pacific Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • LATIN AMERICA
  • Table 40: Latin America Current & Future Analysis for Plowing and Cultivating Machinery by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 41: Latin America Historic Review for Plowing and Cultivating Machinery by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 42: Latin America 15-Year Perspective for Plowing and Cultivating Machinery by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
  • ARGENTINA
  • Table 43: Argentina Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Argentina Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • BRAZIL
  • Table 45: Brazil Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: Brazil Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • MEXICO
  • Table 47: Mexico Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Mexico Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF LATIN AMERICA
  • Table 49: Rest of Latin America Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: Rest of Latin America Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • MIDDLE EAST
  • Table 51: Middle East Current & Future Analysis for Plowing and Cultivating Machinery by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 52: Middle East Historic Review for Plowing and Cultivating Machinery by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 53: Middle East 15-Year Perspective for Plowing and Cultivating Machinery by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
  • IRAN
  • Table 54: Iran Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 55: Iran Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ISRAEL
  • Table 56: Israel Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 57: Israel Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SAUDI ARABIA
  • Table 58: Saudi Arabia Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 59: Saudi Arabia Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED ARAB EMIRATES
  • Table 60: UAE Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 61: UAE Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF MIDDLE EAST
  • Table 62: Rest of Middle East Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 63: Rest of Middle East Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • AFRICA
  • Table 64: Africa Current & Future Analysis for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 65: Africa Historic Review for Plowing and Cultivating Machinery by Segment - Plowing and Cultivating Machinery Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR

IV. COMPETITION
  • Total Companies Profiled: 145
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • AGCO Corporation
  • Bush Hog Inc.
  • CNH Industrial N.V.
  • Deere & Company (John Deere)
  • Dewulf NV
  • Horsch Maschinen GmbH
  • Iseki & Co. Ltd.
  • Kuhn Group
  • Kverneland Group
  • LEMKEN Gmbh & Co. KG
Note: Product cover images may vary from those shown