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Global Agricultural Equipment Finance Market 2019-2023 - Product Image

Global Agricultural Equipment Finance Market 2019-2023

  • ID: 4768317
  • Report
  • Region: Global
  • 125 pages
  • TechNavio
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FEATURED COMPANIES

  • BNP Paribas
  • Deere & Company
  • DLL
  • JPMorgan Chase & Co.
  • Wells Fargo
  • MORE
Agricultural equipment finance provides quick and easy access to credit unlike traditional financial institutions, which may take more than a day to complete the paperwork for the loan application. Many banks also have policies that encourage them to provide loans to farmers due to government support. In addition, alternative finance caters to such businesses by providing quick and easy access to credit. Many alternative finance sources also provide small-to-medium scale unsecured loans, which allows small, asset-light businesses to obtain funding.

The growth of online finance platforms has also simplified access to funds for the agricultural sector participants. Agricultural entities such as farmers, contractors, and dealers can apply for credit on these platforms within minutes of registering, and funds are credited instantly once the application is approved. Hence, quick and easy access to loans will drive the growth of the global agricultural equipment finance market during the forecast period. The analysts have predicted that the agricultural equipment finance market will register a CAGR of more than 4% by 2023.

Market Overview

Increase in farm equipment renting

Renting equipment is a cost-effective option for farmers and contractors and enables them to use the latest equipment and machinery without incurring huge cost. The increasing number of agricultural equipment rental providers is encouraging finance companies to increase their funding for well-maintained quality equipment.

Costlier bank lending rates

Bank financing was considered the cheapest way of funding in the last decade; however, since then, banks have changed strategies to boost liquidity in the market. The financial institutions downsize the customer portfolio by demanding that the borrowers pay off their credit line balances at higher interest rates. Such factors have encouraged agricultural farmers to take equipment on lease rather buying their own equipment. This, in turn, will hinder the market's growth during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the agricultural equipment finance market during the 2019-2023, view the report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BNP Paribas
  • Deere & Company
  • DLL
  • JPMorgan Chase & Co.
  • Wells Fargo
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Lease - Market size and forecast 2018-2023
  • Loan - Market size and forecast 2018-2023
  • Line of credit - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BNP Paribas
  • Deere & Company
  • DLL
  • JPMorgan Chase & Co.
  • Wells Fargo
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global equipment finance market
Exhibit 02: Segments of global equipment finance market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Type - Market share 2018-2023 (%)
Exhibit 18: Comparison by type
Exhibit 19: Lease - Market size and forecast 2018-2023 ($ billions)
Exhibit 20: Lease - Year-over-year growth 2019-2023 (%)
Exhibit 21: Loan - Market size and forecast 2018-2023 ($ billions)
Exhibit 22: Loan - Year-over-year growth 2019-2023 (%)
Exhibit 23: Line of credit - Market size and forecast 2018-2023 ($ billions)
Exhibit 24: Line of credit - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by type
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 38: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: BNP Paribas - Vendor overview
Exhibit 48: BNP Paribas - Business segments
Exhibit 49: BNP Paribas - Organizational developments
Exhibit 50: BNP Paribas - Geographic focus
Exhibit 51: BNP Paribas - Segment focus
Exhibit 52: BNP Paribas - Key offerings
Exhibit 53: Deere & Company - Vendor overview
Exhibit 54: Deere & Company - Business segments
Exhibit 55: Deere & Company - Organizational developments
Exhibit 56: Deere & Company - Geographic focus
Exhibit 57: Deere & Company - Segment focus
Exhibit 58: Deere & Company - Key offerings
Exhibit 59: DLL - Vendor overview
Exhibit 60: DLL - Business segments
Exhibit 61: DLL - Organizational developments
Exhibit 62: DLL - Geographic focus
Exhibit 63: DLL - Segment focus
Exhibit 64: DLL - Key offerings
Exhibit 65: JPMorgan Chase & Co. - Vendor overview
Exhibit 66: JPMorgan Chase & Co. - Business segments
Exhibit 67: JPMorgan Chase & Co. - Organizational developments
Exhibit 68: JPMorgan Chase & Co. - Geographic focus
Exhibit 69: JPMorgan Chase & Co. - Segment focus
Exhibit 70: JPMorgan Chase & Co. - Key offerings
Exhibit 71: Wells Fargo - Vendor overview
Exhibit 72: Wells Fargo - Business segments
Exhibit 73: Wells Fargo - Organizational developments
Exhibit 74: Wells Fargo - Segment focus
Exhibit 75: Wells Fargo - Key offerings
Exhibit 76: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BNP Paribas
  • Deere & Company
  • DLL
  • JPMorgan Chase & Co.
  • Wells Fargo
  • MORE
Global Agricultural Equipment Finance Market 2019-2023

The analyst recognizes the following companies as the key players in the global agricultural equipment finance market: BNP Paribas, Deere & Company, DLL, JPMorgan Chase & Co., Wells Fargo.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the replacement of outdated agricultural equipment with advanced equipment.”

According to the report, one of the major drivers for this market is the increase in government initiatives.

Further, the report states that one of the major factors hindering the growth of this market is the lenient framework for debt recovery mechanism in developing countries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • BNP Paribas
  • Deere & Company
  • DLL
  • JPMorgan Chase & Co.
  • Wells Fargo
Note: Product cover images may vary from those shown
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