The country has already achieved near complete mechanization. However, as observed in other sectors in Japan, the country is expected to exhibit a slower growth in comparison with its other Asia-Pacific peers. Currently worth $X billion, the Japanese agri-equipment and machinery market is expected to grow at CAGR 5.2% over 2015-2020.
In order to sustain its population growth with high level of urbanization and low level of arable land, Japan strives to increase its agricultural productivity by high mechanization. Technology advancement for developing more efficient products while keeping in mind the country specific requirements will provide opportunities for future growth of the sector. The rate of agricultural sufficiency is nearly half of its requirements, making it imports dependent, becoming another key driver for the government to support further R&D in agri-machinery. Agricultural productivity issues along with less availability of productive land mass are the major restraining factors for the Japanese agri-mechanizing structure.
Starting with common tools of farming like plough and sickle, the agricultural machinery industry has products to offer in every stage of a crop cycle. Here market segmentation is done on the basis of product and phase type: tractors, plowing and cultivating machinery, planting and fertilizing, harvesting machinery etc. Tractor is the most popular purchase; the tractor power per hectare of agricultural land is similar to US, Britain and France.
It is important to note that small and medium ticket items, particularly the small tractor segment accounts for a large portion of sales in this segment in the country. Geographically, it is interesting to note that the country has maximized adoption of urban agriculture, and scaled it to constitute about a third of all yield in the country.
The country is credited with the title of ‘most mechanized’ country in the Asia-Pacific. Naturally, the country has a large number of domestic players, across large, medium and smaller ticket sized segments. The Japanese agricultural machinery and equipment industry is dominated by domestic players like Mitsubishi Agricultural Machinery Co. Ltd, Yanmar Co. Ltd., Iseki Co. Ltd. and Kubota Corporation.
This report offers:
- Market analysis for the Japan Agricultural Machinery Market, with region specific assessments and competition analysis on global and regional scales.
- Market definition along with the identification of key drivers and restraints
- Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
- Extensively researched competitive landscape section with profiles of major companies along with their market shares
- Identification and analysis of the macro and micro factors that affect the Japan Agricultural Machinery Market on both global and regional scales
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
- A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
- Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
1.1 Research Methodology
1.2 Definition of the Market
2. KEY FINDINGS OF THE STUDY
3. MARKET DYNAMICS
3.2.1 Shortage of labour
3.2.2 Rising farm income
3.2.3 Government support
3.2.4 Land Use Consolidation
3.3.1 Productibity issues
3.3.2 Unsuitable land areas
3.4.1 Extensive usage of land mass
3.5 Porter's Five Forces Analysis
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Buyers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitute Products and Services
3.5.5 Degree of Competition
4. MARKET SEGMENTATION
4.1 By Product & phase Type
18.104.22.168 By Product types
22.214.171.124 By Application
126.96.36.199.1 Utility Tractors
188.8.131.52.2 Row crop tractors
184.108.40.206.3 Garden & Orchard type Tractor
4.1.2 Plowing and Cultivating Machinery
220.127.116.11 By Product Type
18.104.22.168.3 Cultivators & Tillers
22.214.171.124 By Application Type
126.96.36.199.1 Soil Loosening
188.8.131.52.2 Clod Size reduction
184.108.40.206.3 Clod sorting
4.1.3 Planting and Fertilizing Machinery
220.127.116.11 Planting Machinery
18.104.22.168.1 Seed Drill
22.214.171.124.3 Broadcast Seeders
126.96.36.199 Fertilizing Machinery
188.8.131.52.1 Dry Fertilizer Spreaders
184.108.40.206.2 Drop Spreaders
220.127.116.11.3 Rotary Spreaders
4.1.4 Harvesting Machinery
18.104.22.168 Crop & Grain Harvesting Machine
22.214.171.124 Rootcrop Harvesting Machine
126.96.36.199 Fruits and Vegetable Harvesting Machine
4.1.5 Haying and Forage Machinery
188.8.131.52 By Product & phase Type
184.108.40.206.1 Pull type Forage Harvester
220.127.116.11.2 Forage Blower
18.104.22.168 By Application types
22.214.171.124.3 Tedders or inverters
126.96.36.199.4 Hay rakes
4.1.6 Irrigation Machineries
188.8.131.52 By Irrigation types
184.108.40.206.1 Sprinkler Irrigation
220.127.116.11.2 Drip Irrigation
4.1.7 Parts and Attachments
4.1.8 Other Agricultural Equipment
5. Competitive Landscape
5.1 Mergers & Acquisitions
5.2 Joint Ventures
5.3 New Product Launches
5.4 Most active companies in the past five years
5.5 Market Share Analysis
6. Company Profiles
6.1 Deere and Company
6.2 AGCO Corp.
6.3 CNH Industrial N.V
6.4 Iseki & Co. Ltd.
6.5 Kuhn Group
6.6 Kverneland Group
6.7 Kubota Tractor Corp
6.8 Claas KGaA mbH
6.9 Tractors and Farm Equipment Ltd.
6.10 Yanmar Company Limited
6.11 Kukje Machinery Company Limited
6.12 Netafim Limited
6.13 Yamabiko Corporation
6.14 Mitsubishi Agricultural Machinery Co. Ltd,
6.15 AGRITECNO YAZAKI Co., Ltd.
6.16 HATSUTA INDUSTRIAL Co., Ltd.
6.17 KANAOKA KOGYO Co., Ltd.
6.18 OTAKE AGRICULTURAL MACHINERY Co., Ltd.
6.19 SHIZUOKA SEIKI Co., Ltd.
6.20. FUJI MACHINERY Co., Ltd.
6.21. DAISHIN INDUSTRIES Ltd.
6.22. JONISHI Co., Ltd.
6.23. NAKAGAWA SHARYO KOGYO Co., Ltd.