Agricultural or farm equipment cover a broad range of machines and tools which help the farmers to carry out the various processes required to enhance the output as well as the quality of crops. Based on their characteristics, agricultural equipment can be divided into two types: farmstead equipment and field equipment. Engineering inputs to agriculture by way of mechanization has increased considerably during the recent years so as to meet the timeliness of farm operations, reducing drudgery, capacity enhancement and efficient utilization of inputs. With the implementation of agricultural support policies, growth in farmer’s income and the changes in agricultural production methods, global farm equipment industry is scaling new heights and promise healthy development in coming years.

Europe is the unprecedented leader in farm equipment market. However, Asia Pacific presents a huge market opportunity for this industry on the back of ameliorated economic conditions and better funds for investment in R&D of agriculture machinery. India and China constitute the largest markets for agricultural equipment in terms of unit sales, although typical equipment tends to be in the form of smaller horsepower, low-technology tractors with relatively low unit prices. These emerging economies have incessantly increased their production volumes and will continue to be the major drivers of the industry.

Growth in the global market for agricultural equipment is dependent on varied factors including economic scenario, weather and demand. Population growth is expected to fuel demand for agriculture produce, which in turn would lead to increase in demand for farm equipment. Rising standard of living and increasing personal disposable incomes in developing countries are expected to boost the demand for agricultural products and enhance the demand for protein rich foods. Further, governments in these countries are increasingly placing greater emphasis on enhancing productivity through automation or mechanizing traditional processes.

The report, ”Global Farm Equipment Market” analyzes the development of the agricultural machinery industry and studies the market in terms of volume sales for the global market along with the regions- US, Canada, Brazil, Germany, United Kingdom, Turkey, China and India. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The three major players in the industry, John Deere, AGCO Corporation, and CNH Global NV Inc. are being profiled, along with their key financials and strategies for growth.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests. 

1. Farm Equipments: Overview

1.1 Farm Equipments Classification
1.2 Categories of Equipment in Agriculture Value Chain
1.3 Distribution System

2. Farm Equipment Market Structure

2.1 Global Agriculture Machinery Market
-Market Value
-Regional Breakdown

2.1.1 Agriculture Machinery Export/Import
2.1.2 Tractor Market

2.2 The Americas

2.2.1 The US
-Tractor/Combines Sales
-Export Value

2.2.2 Canada
-Tractor/Combines Sales

2.2.3 Brazil
-Tractor/Combines Sales
-Tractor Sales by Segment
-Export Value

2.3 European Union
-Production Value
-Export Value
-Import Value
-Regional Breakdown

2.3.1 Germany
-Market Value
-Export Value
-Tractor/Combine Registrations
-Other Statistics

2.3.2 United Kingdom
-Market Value
-Export Value
-Import Value
-Tractor Registrations

2.4 Asia

2.4.1 China
-Market Segmentation
-Exports & Imports
-Tractor Market Volume

2.4.2 India
-Market Overview
-Tractor Market Volume
-Regional Breakdown

2.4.3 Turkey
-Tractor Market Volume
-Tractor Exports

3. Market Dynamics

3.1 Key Trends

3.1.1 Tractor Market Development Trend
3.1.2 Farming Yields Trends
3.1.3 Agricultural Machinery Market Evaluation and Expectation

3.2 Growth Drivers

3.2.1 Rising Global Population
3.2.2 Global Economic Development
3.2.3 Growing Urban Population
3.2.4 Growing Farm Income Levels
3.2.5 Depreciating Arable Land Area
3.2.6 Easy Credit Availability

3.3 Challenges

3.3.1 Fluctuating Weather Conditions
3.3.2 Dynamic Economic Environment
3.3.3 Altering Government Policies

4. Competitive Landscape

4.1 Global Market
4.2 Brazil
4.3 Turkey
4.4 Germany
4.5 India

5. Company Profiles

5.1 John Deere

5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
-Expand Global Market Presence
-New Product Development

5.2 CNH Industrial NV

5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
-Focus on Research and Development
-Innovation and New Product Development

5.3 AGCO Corporation

5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
-Expansion in Emerging Markets
-Strategic Investment in Technologies

6. Market Outlook

6.1 Market Forecast
6.2 Forecast Methodology

6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
7.2.3 Regression Analysis 

List of Charts

Types of Agricultural Equipment
Agriculture Value Chain and Corresponding Equipment
Farm Equipment Distribution System in North America
Global Agricultural Machinery Production Value (2006-2013)
Global Agricultural Machinery Production Breakdown by Continent (2007-2014E)
Exports of Agriculture Machines and Tractors Worldwide (2013)
Imports of Agriculture Machines and Tractors Worldwide (2013)
Global Tractor Market by Volume (2008-2013)
The US Agricultural Equipment Export Value (2004-2013)
Brazil Tractor Sales (2008-2014E)
Brazil Combine Sales (2008-2014E)
EU Production of Agricultural Machinery Distribution (2013)
German Tractor Registrations (2000-2013)
German Combine Registrations (2000-2013)
German Baler Volume (2009-2013)
Forage Harvesters Volume in Germany (2009-2013)
German Mowers Volume (2009-2013)
German Tedders and Rakes Volume (2009-2013)
UK Agricultural Tractor Registrations (>50 HP) (2005-2013)
UK Tractor Market by Annual Power (2005-2013)
Total Power of Agricultural Machineries in China (2004-2013)
China’s Agricultural Machinery Trade (2008-2013)
Tractor Market Volume of China (> 18kW) (2008-2013)
Agricultural Machineries Breakdown by Volume (2013)
Tractor Market in India (FY06-FY14)
Tractor Mix by State (FY14)
Tractor Market Share India by Region (FY10 v/s FY14)
Tractor Mix by HP (FY14)
Tractor Market Breakdown by HP Segment (FY10 v/s FY14)
Tractor Production in Turkey (2003-2013)
Tractor Exports (2003-2013)
Domestic Tractor Sales (2003-2013)
Market Breakdown by Unit Sales (2013)
Market Breakdown by Value (2013)
Tractor Market Development (2013)
Paddy Yield by Country
Evaluation of Current Business (Aug 2014)
Expectation of Overall Turnover within the Next 6 Months (Aug 2014)
World Population (2006-2013)
Global GDP (2007-2013)
Global Urban Population (2006-2013)
The US Net Farm Income (2001-2013)
Arable Land per Person (1960-2020)
Arable Hectares of Land per Tractor (2001-2013)
Flow of Agricultural Credit in India
Tractor Sales’ Share in Brazilian Market (August 2014)
Brazil Tractor Market Share (2010-2013)
Combine Sales’ Share in Brazilian Market (August 2014)
Brazil Combine Market Share (2010-2013)
Market Share in Turkey’s Tractor Market (2013)
German Tractor Registrations Market Share (2007-2013)
German Combine Market Share (2007-2013)
Market Shares of Major Players in Indian Tractor Market (FY10-FY14)
John Deere’s Revenue Share by Business Segments (2013)
John Deere’s Revenues and Net Income (2010-2013)
CNH’s Revenue Share by Business Segments (2013)
Net Revenues of CNH (2011-2013)
AGCO’s Revenue Share by Products (2013)
AGCO’s Revenue by Reportable Segments (2013)
AGCO’s Revenues and Net Income (2010-2013)
Global Agricultural Machinery Production Value Forecast (2013-2017E)

List of Tables

The US & Canada Agricultural Equipment Industry Retail Sales (Oct 2013-July 2014)
Tractors & Combines Unit Retail Sales in the US (Aug 2013-Aug2014)
The US Agricultural Equipment Exports by Destination (2013)
Tractors & Combines Unit Retail Sales in Canada (Aug 2013-Aug2014)
European Union’s Agriculture Machinery Production Value (2011-2013)
European Union’s Agriculture Machinery Market Volume (2011-2013)
European Union’s Agriculture Machinery Export Value (2011-2013)
European Union’s Agriculture Machinery Import Value (2011-2013)
Germany’s Agriculture Machinery Trade Statistics (2011-2013)
UK Agriculture Machinery Trade Statistics (2011-2013)
UK Monthly Agricultural Tractor Registrations (>50 HP) (2012-2014)
Tractor Demand in India by State (FY07-FY14)
Indian Tractor Market by HP Segment (FY07-FY14)
Agriculture Margins by Company (1997-2013 YTD)
Agriculture Return on Invested Capital by Company (1997-2013 YTD)
Market Share of Key Players by Power Range Segment (2013)
Dependent & Independent Variables (2007-2013)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output