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Agricultural equipment companies in China are increasingly forging joint ventures in the industry

China Agricultural Equipment Industry Outlook to 2018 – Promoted by Favorable Government Policies

 
 
China Agricultural Equipment Industry
China Agricultural Equipment Industry
PRLog - Jul. 30, 2014 - PITAMPURA, India -- ·         The market for agricultural equipment is expected to cross USD 100 Billion by 2018

·         Future Growth of agricultural equipment market will be led by large sized tractors and combine harvesters

Ken Research announced its latest publication on “China Agricultural Equipment Industry Outlook to 2018” which provides a comprehensive analysis of major countries and different agricultural equipment being used in the region. The report covers various aspects such as market size of China agricultural equipment market, segmentation on the basis of major equipments and future outlook of the market. The report is useful for agricultural equipment manufacturers and dealers, as well as new players venturing in the market.

Agricultural equipments have played a key role in the development of China’s agricultural sector, which consequently led to industrialization, social stability and prosperity. Realizing the importance of farm machinery, the country is engaged in strengthening its domestic production of the same. Manufacturing activities related to farm machinery in China have intensified rapidly in the past decade especially since the government is highly liberal towards the entry of foreign companies to set up joint ventures in the country, following a policy that ‘exchanges the market for technology’.

According to the research report, the Asian agricultural equipment market will grow at an impressive CAGR, thereby exceeding USD 100 billion by 2018, largely due to the need to ensure food security for its growing population.

“Since employing agricultural machinery is a viable technique for timely production of crops, China is increasingly producing and consuming agricultural machinery for maintaining a continuous supply of food for its population”,according to the Research Associate, Ken Research.

Key Topics Covered in the Report:

-          Market Size by Production, Revenue

-          Market Segmentation by

o   Tractors

o   Combine Harvesters

o   Rice Transplanters

o   Cotton Processing Machinery

-          Trends and Development

-          SWOT

-          Export and Import

-          Competition and Market Share

-          Growth Drivers

-          Future Outlook

-          Macro Economic Parameters

Key Products Mentioned in the Report

Tractors

Combine Harvesters

Rice Transplanters

Cotton Processing Machinery

Companies Covered in the Report

YTO Group

Foton Lovol

Dongfeng

John Deere

Shifeng

Browse and Download Report Here - http://www.kenresearch.com/agriculture-food-beverages/agr...

Related Reports:


The US Farm Equipment Industry Outlook to 2017 - Smart Technology Solutions Driving the Demand (http://www.kenresearch.com/agriculture-food-beverages/agr...)

India Agricultural Equipment Market Outlook to 2017 - High Labor Scarcity and Government Subsidies Driving Agricultural Mechanization (http://www.kenresearch.com/agriculture-food-beverages/dai...)

India Seed Industry Outlook to FY'2018 - Rapid Hybridization in Vegetables, Corn and Rice to Impel Growth

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

Media Contact
Ankur Gupta
+91 9015378249
***@kenresearch.com

Photo:
http://www.prlog.org/12354033/1

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Source:Ken Research
City/Town:Pitampura - Delhi - India
Industry:Agriculture, Reports
Tags:China Farm Equipment Industry, China Combine Harvesters, Rice Transplanter Market China, Market Share China Tractors, Tractor sales growth China
Shortcut:prlog.org/12354033
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