Growing Green: Indonesia Government initiatives give an edge to the Agriculture Equipment Market to grow in Indonesia: Ken Research Agriculture has been the backbone of Indonesia’s economy and agriculture equipment is one of the important aspects of the farming industry. The agriculture equipment sector is growing at a CAGR of ~9 between 2014 and 2020, as per the Ken Research report. However, the market was impacted by the global pandemic. Here is a glimpse… Read More »
The Indonesia Agriculture Equipment Market is expected to Witness a Steady Growth with Market Revenue Growing at a CAGR of ~6.1% during Forecasted Period 2020-2025F – Ken Research 1. Indonesia Tractors Segment to showcase positive outlook over long term as the government is pushing for mechanized farming systems. To Know More about this report, download a Free Sample Report The tractor sales volume is expected to witness an uptick in the sales volume growing at a CAGR of 5.6% during the forecasted period… Read More »
Indonesia Used Tractor Market is expected to Reach IDR ~170,000 mn by 2027F owing to Digitalization, Modern Technologies, and Farm Mechanization: Ken Research Indonesia’s Used Tractor Market is in the growing stage, being driven by Digitalisation and availability of modern technologies. Tractor Market in Indonesia has various players like OEM companies, marketplace/classifieds and finance companies. Key Market Findings: – The used tractor market in Indonesia is expected to grow at a positive but at slow growth rate in… Read More »
Digitalization, Modern Technologies, and Farm Mechanization will Boost Used Tractor Market in Indonesia: Ken Research 1. Indonesia Used Tractor Market is expected to grow at a CAGR of 5% by 2027F owing to Increased Digitalization and Farm Mechanization. To Know More about this report, Download Free Sample Report With increasing digitalization and the inclusion of modern technologies, an expansion of sales and marketing through online media can be adopted by… Read More »
Indonesia Used Tractor Market is in its growing stage, Driven By Remote Monitoring Technologies, Farm Mechanization and Dominated by Low Engine Power Tractors: Ken Research Focus on lower HP Tractors, New Government Policies, and the Contribution of Farmers in the market are major factors contributing to the development of the Used Tractor Market in Indonesia. Growing Demand for lower HP tractors: Demand for lower HP tractors is high due to the low disposable income of farmers and high labour costs.… Read More »
Indonesia Agriculture Equipment Market Size and Research 2022, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies till 2025: Ken Research Indonesia Agriculture Equipment Market Analysis: The revenue from overall agriculture equipment market decreased at a single-digit CAGR of (~ %) during the review period 2014-2020. Contribution of tractor market to the overall market stood at more than 50.0% in terms of revenue and more than 90% in terms of sales volume during 2020. Combine Harvesters… Read More »
Indonesia Agritech Market Revenue, Shares, Size, Growth and Covid-19 Impact: Ken Research Sub Vertical Analysis: Fintech Trends: An encouraging response is observed from farmers when it comes to digitally monitoring their harvest cycles to gain access to institutional funding. In most cases farmers have reported a significant increase in profit margins due to digital intervention from the startups. Demand Analysis: Demand in the agri fintech sector is… Read More »
Future Outlook of Indonesia Agritech Market: Ken Research Buy Now Market Overview Indonesian Agricultural Sector Overview Indonesia ranks second in the agriculture, forestry, and fishing (as a % of GDP) among the Far East Asian countries. Agriculture has historically been a pillar of the Indonesian economy, making a significant contribution to the country’s strong economic growth. The Gross Domestic Product of Agriculture, Forestry,… Read More »
Indonesia Agritech Market records a growth of CAGR of ~39.7 % on the basis of revenue generated between FY’16 to FY’21 which is driven by improved internet access and government support: Ken Research Active initiatives taken by Government: Government launching initiatives such as Smart Farming 4.0, which includes technologies like Agriculture Drone Sprayer, Drone Surveillance, and Soil and Weather Sensors has resulted in increased focus on the Agritech space in Indonesia. Other initiatives such as Agriculture War Room (AWR), Kostratani, Depo Tani and Telkom Rice Digitization Program are… Read More »
Indonesia Agritech Market Outlook to 2026: Ken Research Buy Now The report titled “Indonesia Agritech Market Outlook to 2026: Driven by Innovative Startups and Influx of Foreign Investors” provides a comprehensive analysis of the Digital Agricultural market in Indonesia. The report focuses on the agritech market size, analysis of sub verticals such as Farming as a Service (FaaS), Agri Fintech, Market Access, AgriTech,… Read More »
