Transparency
Market Research Added A New Report "Pre-Harvest
Equipment Market". Agricultural machinery is imperative
for farmers as it plays a significant role in cultivation of crops.
The growth of agriculture industry has increased the demand for
agricultural machinery. Agricultural mechanization improves the
timeliness of operation and increases the production capacity.
Pre-harvest equipment consists of agricultural equipment used for
production and growth of crops. Based on types, pre-harvest equipment
can be broadly classified into primary tillage equipment, secondary
tillage equipment, irrigation equipment, planting equipment, and
plant protection and fertilization equipment. Primary tillage
equipment includes chisel plough, disc plough, moldboard Plough,
rotary plough and sub soil plough among others. Secondary tillage
equipment includes disc harrows, cultivators, rollers and pulverizers
among others. Irrigation equipment includes emitters, filters, pumps,
pipes and valves among others. Planting equipment includes air
seeders, planters and seed drill transplanters among others. Plant
protection and fertilizing equipment includes airblast sprayers,
aerial applicators, boom sprayers, granular applicators, hand
operated sprayers and motorized sprayers among others.
The global growth in
population demands an increasing need for food. This is lashing
farmers to use pre-harvest equipment as they help not only in
improving the production efficiency, but also support large-scale
production and further improve the quality of farm produce. Besides
ease of use of these equipment, farmers are witnessing an increased
profitability with the aid of pre-harvest equipment. These benefits
are encouraging farmers to adopt equipment for agriculture, which is
in turn driving the pre-harvest equipment market.
Agricultural
equipment acts as a substitute for labor. In developed countries such
as the U.S., labor is extremely expensive. Thus, the use of such
equipment helps farmers reduce their costs and increase profits.
Furthermore, advancements in agricultural equipment such as the
advent of environmental friendly equipment at low cost is proving to
be beneficial for farmers. This is in turn encouraging them to use
more equipment and supporting the growth of the pre-harvest equipment
market. Additionally, government in countries such as India provides
subsidies on purchase of farm equipment. This is encouraging farmers
to buy farm equipment for farming and in turn increasing the demand
for pre-harvest equipment.
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Geographically, the
pre-harvest equipment market is segmented into North America, Europe,
Asia- Pacific, Middle-East and Africa, and Latin America. A powerful
economic growth and drastic raise in population size are stimulating
the growth of agricultural sector in countries such as India, China
and Thailand. Owing to the increased consumption of agricultural food
and growth in the agriculture machinery industry, Asia-Pacific is
expected to have the highest growth rate in the forecast period.
Some of the key
players are concentrating on expanding their business across
potential regions such as Asia-Pacific. Additionally, they are
setting up new manufacturing plants for increasing their production
capacities. Furthermore, they are also broadening their product line
which is providing an added impetus to the growth of the pre-harvest
equipment market. Some of the leading pre-harvest equipment
manufacturers are Deere & Co., Alamo Group Incorporated, Valmont
Industries, Inc., CNH Global NV, Kubota Corporation, Mahindra and
Mahindra Ltd., and Bucher Industries AG.
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