agricultural machinery market in india 2015-2019
TRANSCRIPT
Covered in this Report• This report covers the present scenario and the growth
prospects of the agricultural machinery market in India during the period 2015-2019.
• To calculate the market size, the report considers the revenue generated from the sales of the following products:
• Tractor • Rotavator • Power tiller • Thresher
• Technavio's report, Agricultural Machinery Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
• It covers the landscape of the agricultural machinery market in India and its growth prospects in the coming years.
Agricultural Machinery Market in India 2015-2019
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Market Overview
• Agricultural machinery is used in various agricultural activities such as sowing, reaping, and application of fertilizers.
• Some of the key agricultural machinery includes tractor, power tiller, rotavator, and thresher.
• Agriculture plays a major role in India’s GDP as well as a source of employment. In the country, over 70% people depends on agriculture as the major source of income.
• Technavio's analysts forecast the agricultural machinery market in India to grow at a CAGR of 7.93% over the period 2014-2019.
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Market in India 2015-2019,please mail us at
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Key Vendors and Regions
• Deere
• Mahindra & Mahindra
• Sonalika (International Tractors)
• Tractors and Farm Equipment (TAFE)
• V.S.T. Tillers Tractors
• AGCO
• Beri Udyog
• CLAAS
View Our Report: Agricultural Machinery Market in India 2015-2019
• India
Vendors Regions
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Key Findings• New technologies have helped farmers turn a small amount of land into a source of
profit.
• Technologies such as GPS tractors, syndicates, and sprayers can accurately make tractors drive themselves through the fields.
• Currently, agricultural tractors are equipped with an autopilot in which a tracking system is fitted to the tractor's steering wheel to keep it on track and free the tractor operator from driving.
• Equipment are used to supervise seeding rates, track the usage of fertilizers, monitor yield, and check moisture levels, among others.
• Another technology in the market is telematics. With the help of telematics, a dealer can access the on-board diagnostic system of the tractor if a problem occurs on the field.
• Hence, depending upon the issues, dealers are able to find a suitable fix.
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Key Questions Answered in Our Report
• What will the market size be in 2019 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Agricultural Machinery Market in India 2015-2019
77 Pages | SKU: IRTNTR6814
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