+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Nigeria Farm Equipment Market - Forecasts from 2019 to 2024

  • PDF Icon

    Report

  • 73 Pages
  • October 2019
  • Region: Nigeria
  • Knowledge Sourcing Intelligence LLP
  • ID: 4858268
Nigeria farm equipment market was valued at US$3,573.732 million in 2018. Farm equipment are used in the production, harvesting, and care of the agriculture or farm produce. These equipment help in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work. The increasing automation in the field of agriculture and farming is driving the market for farm equipment. The growing population is attributing the market growth too since it leads to an increase in the demand for food. Additionally, the scarcity of skilled labor in the agriculture and farming sector is also supporting the market demand. Furthermore, the increasing research and development for technological advancement in the farm equipment are also augmenting the market growth to continue in the forecasted period. However, the high cost of equipment and the growing market for used/second-hand equipment is a restraint in the growth of the market.

Segmentation

Nigeria farm equipment market can be segmented based on type, function, and application period.

By Type
  • Combines
  • Plows
  • Sprayers
  • Planters
  • Others

By Function
  • Plowing & Cultivating
  • Sowing & Planting
  • Plant Protection & Fertilizing
  • Harvesting & Threshing

By Application Period
  • Pre-Harvesting
  • During and Post-Harvesting

Unique reasons to buy Nigeria farm equipment market report-

1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to detailed analysis of drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.
5. The report can also be provided in both PowerPoint and Portable Document Formats depending upon the request.

Scope of research of Nigeria farm equipment market:

1. The forecast period is from 2019 to 2024 with 2018 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints.
3. Strategies of the key players in analyzing the competitive benchmarking are provided in the report.
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
5. NIGERIA FARM EQUIPMENT MARKET BY TYPE
5.1. Combines
5.2. Plows
5.3. Sprayers
5.4. Planters
5.5. Others
6. NIGERIA FARM EQUIPMENT MARKET BY FUNCTION
6.1. Plowing & Cultivation
6.2. Sowing & Planting
6.3. Plant protection & Fertilizing
6.4. Harvesting & Threshing
6.5. Others
7. NIGERIA FARM EQUIPMENT MARKET BY APPLICATION PERIOD
7.1. Pre-Harvesting
7.2. During and Post-Harvesting
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals
9. COMPANY PROFILE
9.1. Habgito Nigeria Limited
9.2. Aneuti Limited
9.3. Bertola Machine Tools Limited
9.4. Debo Farm
9.5. Exel Industries

Companies Mentioned

  • Habgito Nigeria Limited
  • Aneuti Limited
  • Bertola Machine Tools Limited
  • Debo Farm
  • Exel Industries

Methodology

Loading
LOADING...