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Agricultural Machinery Market in the US 2017-2021
Publication Date Nov 2017
Product Type Report
Pages 81
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About Agricultural Machinery

Agricultural machinery is used to optimize and add precision to agriculture practices at a large scale. The agricultural machinery market in the US comprises machinery and equipment used for performing agriculture practices. The global agricultural machinery market is expected to grow significantly during the forecasted period. The major reason for this growth is the dependence on agricultural land and farm output. The global agricultural production is expected to increase along with the demand. However, the production has slowed down in different phases in recent years due to a huge fluctuation in the price of raw materials used for manufacturing agricultural machinery. Furthermore, the decline in prices of commodities has hampered the growth of the market.

Technavio’s analysts forecast the agricultural machinery market in the US to grow at a CAGR of 5.17% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the agricultural machinery market in the US for 2017-2021. To calculate the market size, the report considers the new sales value and spares market.


Technavio's report, Agricultural Machinery Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Deere & Company
• CNH Industrial
• AGCO
• Kubota
Other prominent vendors
• CLAAS
• Daedong-USA
• Krone
• KUHN Group
• Lely
• Mahindra & Mahindra
• Vermeer
Market driver
• High labor cost and workforce scarcity
• For a full, detailed list, view our report

Market challenge
• Fluctuating raw material prices
• For a full, detailed list, view our report

Market trend
• Rise in technological innovation
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


Companies Mentioned

Deere & Company, CNH Industrial, AGCO, Kubota, CLAAS, Daedong-USA, Krone, KUHN Group, Lely, Mahindra & Mahindra, and Vermeer.

Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Global agricultural machinery market
PART 05: MARKET LANDSCAPE
• Agricultural machinery market in US
• Market size and forecast
• Five forces analysis
PART 06: MARKET SEGMENTATION BY PRODUCT
• Segmentation by product
• Comparison by product
• Tractors – Market size and forecast
• Combined harvesters – Market size and forecast
• Haying machinery – Market size and forecast
• Planting and fertilizing machinery – Market size and forecast
• Plowing and cultivating machinery – Market size and forecast
• Livestock machinery - Market size and forecast
• Market opportunity by product
PART 07: DECISION FRAMEWORK
PART 08: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 09: MARKET TRENDS
• Rise in technological innovation
• Increased M&A activities
• Growing demand of larger farm machinery
• Shift toward sustainable agriculture practices
• Establishment of combined solutions for optimized agriculture practices
PART 10: VENDOR LANDSCAPE
• Competitive landscape
PART 11: VENDOR ANALYSIS
• Vendor overview
• Deere & Company
• CNH Industrial
• AGCO
• Kubota
• Other prominent vendors
PART 12: APPENDIX
• List of abbreviations
List of Exhibits
Exhibit 01: Global agricultural machinery market 2016-2021 ($ billions)
Exhibit 02: Agricultural machinery market in US
Exhibit 03: Agricultural machinery market in US 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Segmentation by product – Market size and forecast 2016-2021
Exhibit 06: Comparison by product
Exhibit 07: Tractors – Market size and forecast 2016-2021 ($ billions)
Exhibit 08: Tractors – Year-over-year growth 2017-2021
Exhibit 09: Combined harvesters – Market size and forecast 2016-2021 ($ billions)
Exhibit 10: Combined harvesters – Year-over-year growth 2017-2021
Exhibit 11: Haying machinery – Market size and forecast 2016-2021 ($ billions)
Exhibit 12: Haying machinery – Year-over-year growth 2017-2021
Exhibit 13: Planting and fertilizing machinery – Market size and forecast 2016-2021 ($ billions)
Exhibit 14: Planting and fertilizing machinery – Year-over-year growth 2017-2021
Exhibit 15: Plowing and cultivating machinery – Market size and forecast 2016-2021 ($ billions)
Exhibit 16: Plowing and cultivating machinery – Year-over-year growth 2017-2021
Exhibit 17: Livestock machinery – Market size and forecast 2016-2021 ($ billions)
Exhibit 18: Livestock machinery – Year-over-year growth 2017-2021
Exhibit 19: Wages of workers hired by farm operators in the US
Exhibit 20: Share of large non-family farms in the US 2011
Exhibit 21: Factors considered in replacement of agriculture tractors
Exhibit 22: Raw materials – Uses and price (2016)
Exhibit 23: Raw material prices in the US 2011-2016
Exhibit 24: Net farm income 2011-2016 ($ millions)
Exhibit 25: Deere & Company: Business segmentation 2016
Exhibit 26: Deere & Company: Revenue share by business segment 2016 (% share)
Exhibit 27: Deere & Company: Revenue share by geography segment 2016 (% share)
Exhibit 28: Deere & Company: Product segment offerings 2016
Exhibit 29: CNH Industrial: Business segmentation 2016
Exhibit 30: CNH Industrial: Revenue share by business segment 2016 (% share)
Exhibit 31: CNH Industrial: Revenue share by geography 2016 (% share)
Exhibit 32: CNH Industrial: Product segment offerings 2016
Exhibit 33: AGCO: Product segmentation 2016
Exhibit 34: AGCO: Revenue share by product segment 2016 (% share)
Exhibit 35: Kubota: Business segmentation 2016
Exhibit 36: CNH Industrial: Revenue share by business segment 2016 (% share)
Exhibit 37: CNH Industrial: Revenue share by geographic segment 2016 (% share)
Exhibit 38: Kubota: Product segment offerings 2016
Exhibit 39: Agricultural machinery market in US: Other prominent vendors

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