Forest and
agricultural industry players manufacture equipments used by the
agricultural, garden and forestry industries. Agricultural machinery
includes garden machinery, agricultural machinery for soil
preparation, planting or fertilizing, harvesting or threshing
machinery, milking machines, poultry-keeping machinery, spraying
machinery, agricultural self-loading or self-unloading trailer or
semi-trailer, harvesting or threshing machinery and mower. Garden
machinery includes forestry excavators, delimbers, log loaders,
feller bunchers, saw mills, skidders and grapples. The garden
equipments are mowers, cutters, chainsaws, ride-on mowers and hedge
trimmers.
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Research Report of Agricultural and Forestry Machinery Market :
Forest and
agricultural machinery has a large global market. This market is
expected to grow at a decent rate in the coming years. The APAC
region led by India and China are expected to be the fastest growing
market. Central and South America would also show significant growth.
Cultivating machinery and plowing will be the fastest growing product
type.
The agricultural
sector has been growing at a decent pace owing to the growing demand
of food from an ever increasing population. Similarly, demand for
forest products have increased in real estate, wood products and
pharmaceutical industry. The increase in living standards, push
towards green houses and towns has increased number of gardens
globally. In many countries governments have made it easier to
acquire loans for buying equipments and machinery for agriculture. In
most of the countries the licensing requirements are not much.
Similarly, government regulations or the resource constraints are
less demanding. These form the major drivers for this industry. The
acquisition of manufacturing facilities requires a large capital
investment. The magnitude of this financial commitment deters some
firms from entering the industry.
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Report :
Some of the major
companies in this industry are AGCO, Claas KGaA, Fiat Industrial,
Amazonen-Werke H. Dreyer GmbH & Company KG, Berthoud Agricole,
Alamo Group, Kubota Groupe Exel Industries, Changzhou Dongfeng
Agricultural Machinery Group, John Deere & Company, Escorts
Limited, China National Machinery Industry Corporation, Mahindra &
Mahindra Limited, Valmont Industries Incorporated.
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