Agricultural Machinery Manufacturing Market Analyis by 2020

Agricultural Machinery Manufacturing Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

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REPORT DESCRIPTION

The demand for food supply is continuously increasing due to growing world population. Hence, various economies are focusing on increasing their capability to produce more food through using modern agricultural machinery. Farmers are trying to yield maximum amount of crops through using advanced farming techniques such as precession and integrated farming. Use of advanced agricultural machinery is an important factor for these types of farming techniques. Hence, farmers are focusing on using agricultural machinery to increase farm yield from limited land resource. Agriculture machinery helps in effective utilization of resources such as land and labor. Moreover, use of agricultural machinery helps in reducing manual labor for farming activities. Farmers use agriculture equipment for tillage, sowing, plant protection and threshing. The demand for dairy products in recent years has also increased demand for dairy farming. Dairy farmers are preferring automated feeding and milking equipment to fulfill demand and save time in dairy farming sector.

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The market for agricultural machinery can be segmented based on farm size. Farmers having large-size holding prefer using agricultural equipment which has more horsepower and can be used in large scale farm operation. On the other hand,...