Media Releases

Spurring Demand for Agriculture Equipments in India and China: Ken Research

Posted on 15 September 2016 by KenResearch Agriculture and Animal Care ,

With the rapidly increasing population and the expanding role of the agricultural sector in the overall growth of the economy, it has become vital for farmers to improve on their agriculture techniques. One way of doing this is to adapt modern agriculture equipment. Agricultural equipment can be any equipment that helps farmers till, cultivate, plant, harvest, and feed crops such as tractors, disks, plowers, wagons, planters, andmore.  However, with the modernization of technology, these equipments were amended into modern machine based equipment such as tractors which not only makes the agricultural activities convenient but also faster.

With the evolution of contemporary technology in the field of agriculture, the demand for modern agriculture equipment is rising rapidly. The consistently increasing global population and rising per capita consumption is increasing the demand for food grains, which calls for an increase in the agriculture’s sector productivity and hence, drives the demand for agricultural equipment market all across the globe.  The agriculture equipment industry also has a vital role in the growth of any nation’s economy since, the development and the use of such modern equipment helps in reducing the overall farming costs by a great extent which in turn impacts the growth of the global economy as a whole

Asia pacific region is apparently the biggest agriculture equipment market in the world. The 2 most populated countries of the world, China and India are the largest growing markets, reason being their rapidly growing population and hence, increasing demand for food grains. China alone holds one-third market of global agriculture equipment. As for India, there has been a consistently rising demand for harvesting machinery as it enables efficiency and larger production of food. A number of industrialized economies including Spain, Austria, the Netherlands, and France, although are projected to register a slower growth in the agricultural equipment demand patterns, however, are still expected to record solid gains between 2014 and 2019. The reason the developing nations are expected to outperform the developed nations in terms of demand for agricultural machinery is because they have access to substantial funds and assistance for the betterment of their agricultural productivity through farming process automation.

In 2013, Europe was the largest producer of agricultural machinery globally, accounting for 31% of the global production. Europe was then followed by North America and China each producing 26.5% of the global production. The agricultural machinery is producer by small to medium enterprises and also by multinational corporations. The two largest manufacturers in terms of revenue are John Deere and CNH Global with the former having a revenue of USD 37.79 billion and the latter having a revenue of USD 19.4 billion in 2013.Some of the other companies operating in this agriculture equipment sector are AGCO Corporation, CLAAS KGAA MBH, GROUPE EXEL INDUSTRIES SA, MTD PRODUCTS AG., Alamo Group, Bucher Industries, Caterpillar Incorporated, Daedong Industrial Company, Escorts LimitedMitsubishi Heavy Industries, YTO Group, Tractors and Farm Equipment etc.

To know more on coverage, click on the link below:

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/SC-104-19.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

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Agricultural Robots: A tech savvy Agricultural Equipment for Efficient Farming: Ken Research

Posted on 13 September 2016 by KenResearch Agriculture and Animal Care ,

With upsurge of technology in agriculture sector, farming is becoming more modernized and sophisticated. Agricultural equipments such as threshers, harvesters, sprinklers, drill, seeder, planter, harrow, sprayer, plough and more have a strong demand. In present era revolutionary agricultural robots are introduced globally which possess extraordinary skills and efficiency which have strengthened the Agricultural Equipment Market Forecast. Use of such robots is extensively done in developed nations to boost output and crop yield drastically.

Now these sharp machines have become an inevitable requirement of the agricultural sector. Various types of agricultural robots have been introduced in recent time. Self-directed tractor robots are used for performing various farm related tasks like tilling, ploughing, etc. in farms. TADD (Trainable Anomaly Detection and Diagnosis) is a robotic system used extensively in potato farming in spotting, classifying and recognizing potatoes without any defect. Further, robots for decontamination and purification of soil in any sort of terrain are also introduced in recent times. Further, robots for various purposes like spraying, ploughing, weed controlling, farm navigation, packing, sowing, etc. are also introduced throughout the world and are gaining mind blowing popularity.

Various developed nations have started making considerable use of such agricultural robots in farming. Japan which is one of the largest manufacturer of robots in the world is also one of the leading consumers of agricultural robots in the world. Highly developed commercial farms are making substantial use of such robots. Kubota Corp. and Iseki & Co. are Japanese companies have introduced their model of agro-bots globally. Further, they are also producing models of autonomous tractor robots. Further, robots for carrying and handling farm produce is also introduced and used in Japan. Farms completely managed by robots are also becoming popular in Japan. Further, continents like North America and Australia are largest users of such robots. Future of agriculture of such continents is expected to be highly promising due to significant use of technology in farming. But however, developing and poor nations still lag behind in using such robots and are rather highly dependent on manual methods of farming. But use of such equipment and robots is definitely increasing in such countries due to rising trend of mechanization and modernization in developing nations.

Many people are however criticizing use of robots and tech savvy equipment in agriculture and farming. Critics believe that such equipment may drive unemployment in the sector specially in developing nation where poverty is extremely high. But however, those in support of this technology believe that it’s a boon for agricultural sector since its increasing productivity while minimizing costs, time and efforts involved in the activity.

To know more on banking sector, follow the link:

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/SC-104-19.html

Contact Us:

Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

...

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Rage of Agricultural and Farming Equipment in Global Agriculture Industry: Ken Research

Posted on 07 September 2016 by KenResearch Agriculture and Animal Care ,

Advancement of technology in the agricultural sector led to mind boggling incursion of agricultural equipment in the global agriculture industry providing stepping stones for remarkable modernization and commercialization of the agricultural sector. Both developed and developing world witnessed this trend of using agricultural equipment in farming and agricultural sector. Traditional farming techniques are now becoming obsolete and global market is flooded with electricity driven agricultural machinery including tractors, threshers, plough, harrow, sprayer, harvester, sprinklers, diggers, harrow, etc. According to UN comptrade data global trade of agricultural equipment was worth whooping USD 58 billion in 2013. Further according to the data, sector was growing at the rate of 7.3% in 2004-13. Further, oil seeds and grain farming equipment was prime segment of the global agricultural equipment industry. Considering developing economies of the world, Canada, Australia, Germany, France, United Kingdom, Netherlands are biggest markets for agricultural equipment. Growth of agricultural equipment industry in developing countries like Mexico, Brazil and China is also significant. Major global agricultural equipment companies include AGCO Corporation, MTD PRODUCTS AG, Alamo Group, CLAAS, etc.

Considering European economy farming machinery market is extremely vigorous and strong. In the west tractors and farm harvesters has maximum share in the industry. Agriculture is proliferating in Germany, France and UK which is significantly contributing to maximum growth in the equipment industry. Further, positive sentiments are associated to growth in agricultural equipment market in central and Eastern Europe.

Farming equipment industry of North America is witnessing massive growth and development. Demand for harvesters reached new records after 2013. However, demand for tractors has risen meagerly in North American region. However, pessimism is associated to South American market due to low income growth, poor economic stability and low rainfall rates. Mexico and Brazil are performing outstandingly in the South American region.

Asian agricultural equipment market has witnessed remarkable growth relative to the global industry.  India and China emerged as prime markets for agricultural equipment in Asia. Both the economies are aiming at substantial mechanization and modernization of agriculture which has resulted in massive growth in the sector. However, monsoon failure in India to an extent has constrained the sales of harvesters but tractor sales are still sky high Indian economy.

African agricultural equipment industry growth is rather weak and dismal attributing to immense poverty and less reliance on agricultural industry. African economy still does not have well developed market for agricultural equipment.

Considering Australian economy, it is one of the largest market for agricultural equipment in the world. It is one of the leading importer of farming machinery from The US. Commercialization of agriculture, high income and greater mechanization has resulted in superbdemand for agricultural equipment in Australia. Sales of tractors is enormous in the continent.

Thus, global economy is witnessing splendid growth in the agricultural equipment sector. Remarkable sales, new launches, better agricultural income are the prime reasons which are going to generate further sales in the industry. Asian economy is expected to drive greater growth in the sector.

For more information on the Publication, refer to below Link:

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/SC-104-19.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

...

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