Spain is a part of the EU market, which is expected to decline over 2015, but to make a recovery over the forecast period. However, this aggregate decline masks the growth rates across some product categories in countries in Spain. For example, Spain is expected to exhibit an increase of about 13% in terms of tractor sales in 2015, a trend at odds with market leading countries like Germany, France, UK, and others. In addition, Spain is also a part of the exclusive group of countries which have managed to exhibit stable, or even slightly positive growth over the forecast period in the balers category.
The market for agricultural machinery in Spain, as in most other parts of Western Europe, is affected by factors like an optimized supply chain, productivity concern, experienced labour force and involvement of FDI in agriculture. Moreover, additional factors influencing sales for agri-machinery in Spain are: Cyclical downtime (after the boom in sales over 2011-2013), lower commodity prices leading to reduced income for farmers, the repercussions of the Russian embargo, and a new EU policy (CAP: Common Agricultural Policy) set to be introduced in 2015. The market for agricultural machinery in Spain is worth $X billion, and is expected to grow at CAGR 3.2% in the 2015-2020 period.
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, for example, tractors, plowing and cultivating machinery, planting and fertilizing, harvesting machinery etc. The combine machine of scarifying, fertilizing and seeding is popular in Spain; the plough, mineral fertilizer applicator, combine harvester and grain thresher are also in great demand. In terms of concentration of manufacturing in certain geographical areas, Catalonia, Aragon, Valencia, Andalusia, Basque Country and a few others came to the forefront.
Technology used by Spanish manufacturers is at par with their peers in Italy, France, USA and Germany. Large ticket items like tractors and harvesters is dominated by foreign manufacturers, and does not pose a direct threat to the small and medium sized implements manufacturers in the country.
About 400 companies operate in the agricultural machinery market of Spain. The Spain agricultural machinery and equipment industry includes names like IRRIMON, INDUSTRIAS ANGEL MARTÍNEZ LÓPEZ, S.L., INGENIERÍA Y MONTAJES MONZÓN, S.L., AGRIA HISPANIA, S.A., AGRIC BEMVIG, S.A, CAVENCO, S.A., INDUSTRIAS ANGEL MARTÍNEZ LÓPEZ, S.L., etc.
This report offers:
- Market analysis for the Spain 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 Spain 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 Importance of mechanisation for productivity
3.2.2 Government subsidies for Farm Mechanization
3.3.1 Uncertainty for EU subsidy policy
3.3.2 Low farm income
3.3.3 Import restrictions from Russia
3.4.1 Better product mix through technology innovation
3.4.2 Precision farming
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
22.214.171.124 By Product types
126.96.36.199 By Application
188.8.131.52.1 Utility Tractors
184.108.40.206.2 Row crop tractors
220.127.116.11.3 Garden & Orchard type Tractor
4.1.2 Plowing and Cultivating Machinery
18.104.22.168 By Product Type
22.214.171.124.3 Cultivators & Tillers
126.96.36.199 By Application Type
188.8.131.52.1 Soil Loosening
184.108.40.206.2 Clod Size reduction
220.127.116.11.3 Clod sorting
4.1.3 Planting and Fertilizing Machinery
18.104.22.168 Planting Machinery
22.214.171.124.1 Seed Drill
126.96.36.199.3 Broadcast Seeders
188.8.131.52 Fertilizing Machinery
184.108.40.206.1 Dry Fertilizer Spreaders
220.127.116.11.2 Drop Spreaders
18.104.22.168.3 Rotary Spreaders
4.1.4 Harvesting Machinery
22.214.171.124 Crop & Grain Harvesting Machine
126.96.36.199 Rootcrop Harvesting Machine
188.8.131.52 Fruits and Vegetable Harvesting Machine
4.1.5 Haying and Forage Machinery
184.108.40.206 By Product & phase Type
220.127.116.11.1 Pull type Forage Harvester
18.104.22.168.2 Forage Blower
22.214.171.124 By Application types
126.96.36.199.3 Tedders or inverters
188.8.131.52.4 Hay rakes
4.1.6 Irrigation Machineries
184.108.40.206 By Irrigation types
220.127.116.11.1 Sprinkler Irrigation
18.104.22.168.2 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 Escorts Group
6.8 Kubota Tractor Corp
6.9 Claas KGaA mbH
6.10 ARGO SpA
6.11 John Deere
6.12 Massey Ferguson
6.13 CASE IH
6.14 Buhler Industries
6.16 New Holland
6.17 ROTECNA, S.A.
6.18 RIEGOS AGRÍCOLAS ESPAÑOLES, S.A.
6.19 PRADO TRANSFORMADOS METÁLICOS, S.A.
6.20. NOVEDADES AGRÍCOLAS, S.A.
6.21. MAQUINARIA AGRÍCOLA SOLA, S.L.
6.22. CALDERERÍA LA MAGDALENA, S.L.
6.24. INDUSTRIAS ANGEL MARTÍNEZ LÓPEZ, S.L.
6.25. INGENIERÍA Y MONTAJES MONZÓN, S.L.
6.26. AGRIA HISPANIA, S.A.
6.27. AGRIC BEMVIG, S.A
6.28. CAVENCO, S.A.
6.29. INDUSTRIAS ANGEL MARTÍNEZ LÓPEZ, S.L.