Agricultural Machinery Market in India 2021-2025

The publisher has been monitoring the agricultural machinery market in India and it is poised to grow by $ 1.87 bn during 2021-2025, decelerating at a CAGR of almost 6% during the forecast period. The report on the agricultural machinery market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current India market scenario, latest trends and drivers, and the overall market environment. The market is driven by government initiatives to support sustainable agricultural practices and the availability of financing options for agriculture. In addition, government initiatives to support sustainable agricultural practices is anticipated to boost the growth of the market as well.

The agricultural machinery market in India analysis includes product segment.

The agricultural machinery market in India is segmented as below:

By Product

• Tractors
• Harvesting machinery
• Haying machinery
• Planting and fertilizing machinery
• Others

This study identifies the adoption of contract farming as one of the prime reasons driving the agricultural machinery market in India growth during the next few years.

The report on the agricultural machinery market in India covers the following areas:

• Agricultural machinery market in India sizing
• Agricultural machinery market in India forecast
• Agricultural machinery market in India industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agricultural machinery market in India vendors that include AGCO Corp., Amalgamations Group, CLAAS Group, CNH Industrial NV, Deere & Co., Escorts Ltd., International Tractors Ltd., ISEKI & Co. Ltd., Kubota Corp., and Mahindra & Mahindra Ltd. Also, the agricultural machinery market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.