Global Powered Agriculture Equipment Market

Focus on Type (Tractors, Combine Harvesters, Sprayers, and Planters), Tractor HP, Electric Tractors, Applications (Harvest, Sow, Plant, Spray,Fertilize), and Next-GenEquipment (Drones, Robots), Impact of COVID-19 - Analysis and Forecast, 2020-2025

Published Year: 2020
SKU: AGA0361SC

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Report Description

Market Report Coverage - Global Powered Agriculture Equipment Market
Forecast Period : 2020-2025
CAGR by Value : 4.85%

Market Report Coverage - Global Powered Agriculture Equipment Market

Base Year

2019

Forecast Period

2020-2025

Market Size in 2020 (Value)

$63.17 Billion

Market Size in 2020 (Volume)

2.2 Million Units

Value Projection and Estimation by 2025
(Impact of COVID-19 Included)

$70.03 Billion

Volume Projection and Estimation by 2025
(Impact of COVID-19 Included)

2.4 Million Units

CAGR 2020-2025 (Value)

4.85%

CAGR 2020-2025 (Volume)

4.12%

Number of Tables

129

Number of Figures

147

Number of Pages

318

 Research Hours

1120

Global Market Segmentation

•    Global Powered Agriculture Equipment Market (by Type) – Tractors, Combine Harvesters, Planters, Sprayers, Others

•    Global Powered Agriculture Equipment Market (by Application) – Harvesting, Sowing and Planting, Spraying and Fertilizing, Others

•    Global Tractor Market(by Power Output) – Less than 50, 50-100, Above 100

•    Global Tractor Market (by Power Source) – Electric, Non-Electric

•    Global Powered Agriculture Market (by Region) – Asia-Pacific and Japan, China, North America, South America, Europe, U.K., Middle-East and Africa

•    Global Next-Generation Powered Agriculture Equipment Market (by Type) – UAV/Drones, Harvesting and Picking Robots, Autonomous Tractors, Others

Regional Segmentation

•    Regional Powered Agriculture Market (by Country)
        o    Asia-Pacific and Japan – India, Japan, South Korea, Australia, Rest-of-Asia-Pacific and Japan
        o    China
        o    North America – U.S., Canada, Mexico
        o    South America – Brazil, Argentina, and Rest-of-South America
        o    Europe –France, Germany, Italy, Spain, Rest-of-Europe
        o    U.K.
        o    Middle-East and Africa – Middle-East, Africa 

•    Regional Powered Agriculture Equipment Market (by Type) – Tractors, Combine Harvesters, Planters, Sprayers, Others

•    Regional Powered Agriculture Equipment Market (by Application) – Harvesting, Sowing and Planting, Spraying and Fertilizing, Others

•    Regional Tractor Market (by Power Output) – Less than 50, 50-100, Above 100

•    Regional Tractor Market (By Power Source) – Electric, Non-Electric

Country Segmentation

•    Country Powered Agriculture Equipment Market (by Type) – Tractors, Combine Harvesters, Planters, Sprayers, Others

•    Country Tractor Market (by Power Output) – Less than 50, 50-100, Above 100

Market Growth Drivers

•    Rising Global Food Insecurity

•    Rising Demand for Autonomous Equipment

•    Increasing Government Initiatives for Sustainable Food Production

Market Growth Restraints

•    High Initial Investment Costs

•    Lack of Technical Knowledge and Awareness

Market Growth Opportunities

•    Rising Opportunities in Developing Countries

•    Adoption of Robots and Drones in Agriculture

•    Integration of GIS in Agriculture

•    Alternative screening and testing methods

Key Traditional and Next-Generation Powered Agriculture EquipmentCompanies Profiled

AGCO Corporation, AeroVironment Inc., CLAAS Group, CNH Industrial N.V., Deere & Company, ISEKI & Co. Ltd. Kubota Corporation, Mahindra & Mahindra Ltd., Parrot SA, Robert Bosch GmbH, SDF Group, Trimble Inc., Abundant Robotics Inc., Deepfield Robotics, Kinze Manufacturing, ecoRobotix Ltd., Harvest Automation Inc., Harvest Croo Robotics, Naio Technologies, PrecisionHawk Inc., Robotics Plus, Tirth Agro Technology Pvt. Ltd., Tractors and Farm Equipment Ltd., Yamaha Motor Co. Ltd., Yanmar Co. Ltd.
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Key Questions Answered in this Report:

What is the expected global powered agriculture equipment market size in terms of value and volume during the period 2019-2025?

•    What is the expected global powered agriculture equipment market size in terms of value and volume during the period 2019-2025?
•    What is the expected future scenario, revenue generation, and sales volumeof the different types of powered agriculture equipment such as tractors, combine harvesters, planters, and sprayers, across the globe, regions, and key countries? 
•    What is the expected future scenario and volume unit sales to be generated by different tractors classified on the basis of power output, across the globe, regions, and key countries?
•    What is the expected future scenario and volume unit sales to be generated by electric tractors & non-electric tractors?
•    What is the expected future scenario and volume unit sales to be generated by equipment used in different applications of powered agriculture equipment such as harvesting, sowing and planting, and spraying and fertilizing, among others? 
•    Which region is the largest market for the global powered agriculture equipment market?
•    What is the expected future scenario, revenue and volume sales to be generated by different regions and countries in the global powered agriculture equipment market such as North America, South America, Europe, the U.K., China, Asia-Pacific and Japan, and Middle East & Africa?
•    What is the competitive strength of the key players in the global powered agriculture equipment market on the basis of the analysis of their recent developments, product offerings, and regional presence?
•    How is the market share of the global powered agriculture equipment market divided among the key companies ?
•    How are the stakeholders of the global powered agriculture equipment market positioned across its supply chain and what is their role in the chain?
•    What are the market dynamics of the global powered agriculture equipment market, including market drivers, restraints, and opportunities?
•    What is the SWOT analysis for leading companies in the global powered agriculture equipment market?
•    Which are the different key consortiums & associations in the market and what is their role?
•    What is the expected future scenario and revenue to be generated by next-generation powered agriculture equipment market such as drones, harvesting & picking robots, autonomous tractors, and other robots for crop production?
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Market Overview

The powered agriculture equipment market is projected to grow from $63.17 billion and 2,217.8 thousand units in the year 2019

Market Size, Forecast, and Analysis

Figure: Global Powered Agriculture Equipment Market Snapshot

Global Powered Agriculture Equipment Market

Source: Expert Interviews and BIS Research Analysis

The powered agriculture equipment market is projected to grow from $63.17 billion and 2,217.8 thousand units in the year 2019 to $70.03 billion and 2,359.7 thousand units by 2025. The need to elevate farm produce has resulted in awareness among governments of different countries, which is expected to drive the market.  The market growth is expected to solve rising concerns over global food security; hence initiatives by governments and stakeholders are increasing intensively, including investments and trade policies, to drive the market. 

The powered agriculture equipment comprises a wide range of solutions such as tractors, sprayers, planters, combines, and other equipment such as balers and tilling equipment. Farm tractors account for the largest share in the market, followed by combine harvesters, planters, and sprayers, in that order. The adoption of powered agriculture equipment is increasing among farmers to improve the yield, operational efficiency, soil fertility, and profitability.

Impact of COVID-19 on Global Powered Agriculture Equipment Market

In this COVID-19 pandemic, the agriculture equipment industry is playing a critical role as a bridge in the food value chain, providing maintenance support and necessary equipment. Due to the COVID-19 outbreak, the supply chain has been interrupted, and companies are focusing on new strategies of producing and consuming locally. As per BIS Research estimates, the market is expected to experience growth from December 2020 till Q3, 2021, because of localization. Further, by Q3-Q4, 2022, the industry is expected to be back to normal with global exposure. Moreover, India, the biggest tractor market, is expected to see a 19% dip in 2020.

Competitive Landscape

Key players operating in this market have significantly augmented their product launch activities in recent years to generate public awareness about their existing and new products and technologies and compete with competitors’ product portfolio. This growth strategy is a widely adopted strategy by companies in this market. For instance, in October 2019, Deere & Company launched 8R wheel tractors, 8RT two-track tractors, and 8RX, which was the industry's first fixed-frame four-track tractor. In 2019, Kubota Corporation launched a new series of tractors featuring high-horsepower models. This launch is expected to accelerate the company’s business in the North American tractor market. The partnerships and collaborations strategy has also been significantly employed for expansion in the powered agriculture equipment market.

Regional Market Dynamics

In 2019, the Asia-Pacific and Japan region recorded the largest volume sales of powered agriculture equipment, followed by China and North America. Trends such as high population growth, increasing disposable incomes, and booming urbanization in the Asia-Pacific and Japan region have resulted in a robust evolution in the consumption patterns amongst the population of the region. Hence, farmers of the region are focusing on increasing crop yield and having an all-year-round supply of agricultural produce to meet the escalating demand.

The Asia-Pacific and Japan region showed a dip in 2020 for powered agriculture equipment market unit sales due to the COVID-19 pandemic. Post COVID-19, the Asia-Pacific and Japan region is expected to offer high market growth opportunities owing to the increasing urban population, the growing market penetration of internet farming practices, and the rising favorable government investments. Governments, consortiums, associations, and global organizations such as the United Nations (UN) are all taking continuous initiatives to mitigate the impact of COVID-19 on the agriculture industry.
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Table of Contents

1 Market Dynamics

1.1    Impact Analysis
1.2    Market Drivers
         1.2.1    Rising Global Food Insecurity
         1.2.2    Rising Demand for Autonomous Equipment
         1.2.3    Increasing Government Initiatives for Sustainable Food Production
1.3    Market Restraints
         1.3.1    High Initial Investment Costs
         1.3.2    Lack of Technical Knowledge and Awareness
1.4    Market Opportunities
         1.4.1    Rising Opportunities in Developing Countries
         1.4.2    Adoption of Drones and Robots in Agriculture
         1.4.3    Integration of GIS in Agriculture Technology

2 Competitive Landscape

2.1    Key Market Developments and Strategies
         2.1.1    New Product Launches and Developments
         2.1.2    Business Expansion and Contract
         2.1.3    Partnerships, Collaborations, and Joint Ventures
         2.1.4    Merger and Acquisition
         2.1.5    Others
2.2    Market Share Analysis

3 Industry Analysis

3.1    Supply Chain Analysis
3.2    Emerging Market Trends
         3.2.1    Electric Powered Agriculture Equipment
         3.2.2    Multi-Hybrid Seed Planter
3.3    Key Consortiums in Agricultural Equipment Market
3.4    Industry Attractiveness
         3.4.1    Threat of New Entrants
         3.4.2    Bargaining Power of Buyers
         3.4.3    Bargaining Power of Suppliers
         3.4.4    Threat from Substitutes
         3.4.5    Intensity of Competitive Rivalry

4 Global Next-Generation Powered Agriculture Equipment Market

4.1    Assumptions and Limitations
4.2    Market Overview
4.3    Global Next-Generation Powered Agriculture Equipment Market, (by Type)
         4.3.1    Unmanned Aerial Vehicles (UAVs)/Drones
         4.3.2    Harvesting and Picking Robots
         4.3.3    Autonomous Tractors
         4.3.4    Others

5 Global Powered Agriculture Equipment Market (by Equipment Type)

5.1    Assumptions and Limitations
5.2    Market Overview
5.3    Tractors
         5.3.1    Global Tractor Market
         5.3.2    Global Tractor Market (by Power Output : <50HP, 50-100HP, >100HP)
         5.3.3    Global Tractor Market (by Power Source: Electric & Non-Electric Tractors)
5.4    Combine Harvesters
5.5    Planters
5.6    Sprayers
5.7    Others

6 Global Powered Agriculture Equipment Market (by Application)

6.1    Assumptions and Limitations
6.2    Market Overview
         6.2.1    Harvesting
         6.2.2    Sowing and Planting
         6.2.3    Spraying and Fertilizing
         6.2.4    Others

7 Global Powered Agriculture Equipment Market (by Region)

7.1    Asia-Pacific and Japan
         7.1.1    Asia-Pacific and Japan (by Equipment Type)
                     7.1.1.1    Asia-Pacific and Japan Tractor Market (by Power Output)
                     7.1.1.2    Asia-Pacific and Japan Tractor Market (by Power Source)
         7.1.2    Asia-Pacific and Japan (by Application)
         7.1.3    Asia-Pacific and Japan (by Country)
                     7.1.3.1    India
                                    7.1.3.1.1    India (by Equipment Type)
                                                      7.1.3.1.1.1    India Tractor Market (by Power Output)
                     7.1.3.2    Japan
                                    7.1.3.2.1    Japan (by Equipment Type)
                                                      7.1.3.2.1.1    Japan Tractor Market (by Power Output)
                     7.1.3.3    South Korea
                                    7.1.3.3.1    South Korea (by Equipment Type)
                                                      7.1.3.3.1.1    South Korea Tractor Market (by Power Output)
                     7.1.3.4    Australia
                                    7.1.3.4.1    Australia (by Equipment Type)
                                                      7.1.3.4.1.1    Australia Tractor Market (by Power Output)
                     7.1.3.5    Rest-of-Asia-Pacific and Japan
                                    7.1.3.5.1    Rest -of -APJ (by Equipment Type)
                                                      7.1.3.5.1.1    Rest -of -APJ Tractor Market (by Power Output)
7.2    North America
         7.2.1    North America (by Equipment Type)
                     7.2.1.1    North America Tractor Market (by Power Output)
                     7.2.1.2    North America Tractor Market (by Power Source)
         7.2.2    North America (by Application)
         7.2.3    North America (by Country)
                     7.2.3.1    U.S.
                                    7.2.3.1.1    U.S. (by Equipment Type)
                                                      7.2.3.1.1.1    U.S. Tractor Market (by Power Output)
                     7.2.3.2    Canada
                                    7.2.3.2.1    Canada (by Equipment Type)
                                                      7.2.3.2.1.1    Canada Tractor Market (by Power Output)
                     7.2.3.3    Mexico
                                    7.2.3.3.1    Mexico (by Equipment Type)
                                                      7.2.3.3.1.1    Mexico Tractor Market (by Power Output)
7.3    Middle East and Africa
         7.3.1    Middle East and Africa (by Equipment Type)
                     7.3.1.1    Middle East and Africa Tractor Market (by Power Output)
                     7.3.1.2    Middle East and Africa Tractor Market (by Power Source)
         7.3.2    Middle East and Africa (by Application)
         7.3.3    Middle East and Africa (by Group of Countries)
                     7.3.3.1    Middle East
                                    7.3.3.1.1    Middle East (by Equipment Type)
                                                      7.3.3.1.1.1    Middle East Tractor Market (by Power Output)
                     7.3.3.2    Africa
                                    7.3.3.2.1    Africa (by Equipment Type)
                                                      7.3.3.2.1.1    Africa Tractor Market (by Power Output)
7.4    Europe
         7.4.1    Europe (by Equipment Type)
                     7.4.1.1    Europe Tractor Market (by Power Output)
                     7.4.1.2    Europe Tractor Market (by Power Source)
         7.4.2    Europe (by Application)
         7.4.3    Europe (by Country)
                     7.4.3.1    France
                                    7.4.3.1.1    France (by Equipment Type)
                                                      7.4.3.1.1.1    France Tractor Market (by Power Output)
                     7.4.3.2    Germany
                                    7.4.3.2.1    Germany (by Equipment Type)
                                                      7.4.3.2.1.1    Germany Tractor Market, (by Power Output)
                     7.4.3.3    Italy
                                    7.4.3.3.1    Italy (by Equipment Type)
                                                      7.4.3.3.1.1    Italy Tractor Market (by Power Output)
                     7.4.3.4    Spain
                                    7.4.3.4.1    Spain (by Equipment Type)
                                                      7.4.3.4.1.1    Spain Tractor Market (by Power Output)
                     7.4.3.5    Rest-of-Europe
                                    7.4.3.5.1    Rest-of-Europe (by Equipment Type)
                                                      7.4.3.5.1.1    Rest-of-Europe Tractor Market (by Power Output)
7.5    China
         7.5.1    China (by Equipment Type)
                     7.5.1.1    China Tractor Market (by Power Output)
                     7.5.1.2    China Tractor Market (by Power Source)
         7.5.2    China (by Application)
7.6    South America
         7.6.1    South America (by Equipment Type)
                     7.6.1.1    South America Tractor Market (by Power Output)
                     7.6.1.2    South America Tractor Market (by Power Source)
         7.6.2    South America (by Application)
         7.6.3    South America (by Country)
                     7.6.3.1    Brazil
                                    7.6.3.1.1    Brazil (by Equipment Type)
                                                      7.6.3.1.1.1    Brazil Tractor Market (by Power Output)
                     7.6.3.2    Argentina
                                    7.6.3.2.1    Argentina (by Equipment Type)
                                                      7.6.3.2.1.1    Argentina Tractor Market (by Power Output)
                     7.6.3.3    Rest-of-South America
                                    7.6.3.3.1    Rest-of-South America (by Equipment Type)
                                                      7.6.3.3.1.1    Rest-of-South America Tractor Market (by Power Output)
7.7    U.K.
         7.7.1    U.K. (by Equipment Type)
                     7.7.1.1    U.K. Tractor Market (by Power Output)
                     7.7.1.2    U.K. Tractor Market (by Power Source)
         7.7.2    U.K. (by Application)

8 Company Profiles

8.1    Overview
Public Companies    
8.2    AGCO Corporation
         8.2.1    Company Overview
         8.2.2    Role of AGCO Corporation in Powered Agriculture Equipment Market
         8.2.3    Product Portfolio
         8.2.4    Financials
         8.2.5    SWOT ANALYSIS
8.3    AeroVironment, Inc.
         8.3.1    Company Overview
         8.3.2    Role of AeroVironment, Inc in Powered Agriculture Equipment Market
         8.3.3    Product Portfolio
         8.3.4    Financials
         8.3.5    SWOT Analysis
8.4    CLAAS Group
         8.4.1    Company Overview
         8.4.2    Role of CLAAS Group in Powered Agriculture Equipment Market
         8.4.3    Product Portfolio
         8.4.4    Financials
         8.4.5    SWOT Analysis
8.5    CNH Industrial N.V.
         8.5.1    Company Overview
         8.5.2    Role of CNH Industrial N.V. in Powered Agriculture Equipment Market
         8.5.3    Product Portfolio
         8.5.4    Financials
         8.5.5    SWOT Analysis
8.6    Deere & Company
         8.6.1    Company Overview
         8.6.2    Role of Deere & Company in Powered Agriculture Equipment Market
         8.6.3    Product Portfolio
         8.6.4    Financials
         8.6.5    SWOT ANALYSIS
8.7    ISEKI & CO. Ltd.
         8.7.1    Company Overview
         8.7.2    Role of ISEKI & CO. Ltd. in Powered Agriculture Equipment Market
         8.7.3    Product Portfolio
         8.7.4    Financials
         8.7.5    SWOT ANALYSIS
8.8    Kubota Corporation
         8.8.1    Company Overview
         8.8.2    Role of Kubota Corporation in Powered Agriculture Equipment Market
         8.8.3    Product Portfolio
         8.8.4    Financials
         8.8.5    SWOT Analysis
8.9    Mahindra & Mahindra Ltd.
         8.9.1    Company Overview
         8.9.2    Role of Mahindra & Mahindra Ltd. in Powered Agriculture Equipment Market
         8.9.3    Product Portfolio
         8.9.4    Financials
         8.9.5    SWOT ANALYSIS
8.10    Parrot SA
           8.10.1    Company Overview
           8.10.2    Role of Parrot SA in Powered Agriculture Equipment Market
           8.10.3    Product Portfolio
           8.10.4    Financials
           8.10.5    SWOT Analysis
8.11    Robert Bosch GmbH
           8.11.1    Company Overview
           8.11.2    Role of Robert Bosch GmbH in Powered Agriculture Equipment Market
           8.11.3    Product Portfolio
           8.11.4    Financials
           8.11.5    SWOT Analysis
8.12    SDF Group
           8.12.1    Company Overview
           8.12.2    Role of SDF Group in Powered Agriculture Equipment Market
           8.12.3    Product Portfolio
           8.12.4    Financials
           8.12.5    SWOT ANALYSIS
8.13    Trimble Inc.
           8.13.1    Company Overview
           8.13.2    Role of Trimble Inc. in Powered Agriculture Equipment Market
           8.13.3    Product Portfolio
           8.13.4    Financials
           8.13.5    SWOT Analysis
Private Companies    
8.14    Abundant Robotics Inc.
           8.14.1    Company Overview
           8.14.2    Role of Abundant Robotics Inc. in Powered Agriculture Equipment Market
           8.14.3    Product Portfolio
           8.14.4    SWOT Analysis
8.15    Deepfield Robotics
           8.15.1    Company Overview
           8.15.2    Role of Deepfield Robotics in Powered Agriculture Equipment Market
           8.15.3    Product Portfolio
           8.15.4    SWOT Analysis
8.16    Kinze Manufacturing
           8.16.1    Company Overview
           8.16.2    Role of Kinze Manufacturing in Powered Agriculture Equipment Market
           8.16.3    Product Portfolio
           8.16.4    SWOT ANALYSIS
8.17    ecoRobotix Ltd.
           8.17.1    Company Overview
           8.17.2    Role of ecoRobotix Ltd in Powered Agriculture Equipment Market
           8.17.3    Product Portfolio
           8.17.4    SWOT Analysis
8.18    Harvest Automation Inc.
           8.18.1    Company Overview
           8.18.2    Role of Harvest Automation Inc. in Powered Agriculture Equipment Market
           8.18.3    Product Portfolio
           8.18.4    SWOT Analysis
8.19    Harvest Croo Robotics
           8.19.1    Company Overview
           8.19.2    Role of Harvest Croo Robotics in Powered Agriculture Equipment Market.
           8.19.3    Product Portfolio
           8.19.4    SWOT Analysis
8.20    Naio Technologies
           8.20.1    Company Overview
           8.20.2    Role of Naio Technologies in Powered Agriculture Equipment Market
           8.20.3    Product Portfolio
           8.20.4    SWOT Analysis
8.21    PrecisionHawk Inc.
           8.21.1    Company Overview
           8.21.2    Role of PrecisionHawk Inc. in Powered Agriculture Equipment Market
           8.21.3    Product Portfolio
           8.21.4    SWOT Analysis
8.22    Robotics Plus
           8.22.1    Company Overview
           8.22.2    Role of Robotic Plus in Powered Agriculture Equipment Market
           8.22.3    Product Portfolio
           8.22.4    SWOT Analysis
8.23    Tirth Agro Technology Private Limited
           8.23.1    Company Overview
           8.23.2    Role of Tirth Agro Technology Private Limited in Powered Agriculture Equipment Market
           8.23.3    Product Portfolio
           8.23.4    SWOT ANALYSIS
8.24    Tractors and Farm Equipment Ltd.
           8.24.1    Company Overview
           8.24.2    Role of Tractor and Farm Equipment Ltd. in Powered Agriculture Equipment Market
           8.24.3    Product Portfolio
           8.24.4    SWOT ANALYSIS
8.25    Yamaha Motor Co. Ltd.
           8.25.1    Company Overview
           8.25.2    Role of Yamaha Motor Co. Ltd. in the Global Precision Agriculture Market
           8.25.3    Product Portfolio
           8.25.4    Financials
           8.25.5    SWOT Analysis
8.26    Yanmar Co. Ltd.
           8.26.1    Company Overview
           8.26.2    Role of Yanmar Co. Ltd in Powered Agriculture Equipment Market
           8.26.3    Product Portfolio
           8.26.4    SWOT Analysis
8.27    Zetor Tractors a.s.
           8.27.1    Company Overview
           8.27.2    Role of Zetor Tractors a.s. in Powered Agriculture Equipment Market
           8.27.3    Product Portfolio
           8.27.4    SWOT ANALYSIS

9 Report Scope and Methodology

9.1    Report Scope
9.2    Global Powered Agriculture Equipment Market Segmentation
9.3    Global Powered Agriculture Equipment Market Research Methodology
         9.3.1    Assumptions
         9.3.2    Limitations
         9.3.3    Primary Data Sources
         9.3.4    Secondary Data Sources
         9.3.5    Data Triangulation
         9.3.6    Market Estimation and Forecast

List of Tables

Table 1.1:    Impact Analysis of Market Drivers
Table 1.2:    Impact Analysis of Market Restraints
Table 1.3:    Initiatives by Governments of Various Countries to Promote Farming
Table 3.1:    Battery-Powered Tractors in the Market
Table 3.2:    Key Consortiums in Powered Agriculture Equipment Industry
Table 3.3:    Analyzing Threat of New Entrants
Table 3.4:    Analyzing Bargaining Power of Buyers
Table 3.5:    Analyzing Bargaining Power of Suppliers
Table 3.6:    Analyzing Threat from Substitutes
Table 3.7:    Analyzing Intensity of Competitive Rivalry
Table 4.1:    Global Next-Generation Powered Agriculture Equipment Market (by Type), $Million, 2019-2025
Table 4.2:    Classification of Drones
Table 4.3:    Agricultural UAVs/Drones by Leading Companies
Table 4.4:    Harvesting and Picking Robots by Key Companies
Table 4.5:    Other Next-Generation Powered Agriculture Equipment by Leading Companies
Table 5.1:    Global Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 5.2:    Global Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 5.3:    Global Tractor Market (by Power Output), Units, 2019-2025
Table 5.4:    Global Tractor Market (by Power Source), Units, 2019-2025
Table 6.1:    Global Powered Agriculture Equipment Market (by Application), Units,  2019-2025
Table 7.1:    Global Powered Agriculture Equipment Market (by Region), $Million,  2019-2025
Table 7.2:    Global Powered Agriculture Equipment Market (by Region), Units, 2019-2025
Table 7.3:    Asia-Pacific and Japan Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.4:    Asia-Pacific and Japan Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 7.5:    Asia-Pacific and Japan Tractor Market (by Power Output), Units, 2019-2025
Table 7.6:    Asia-Pacific and Japan Tractor Market (by Power Source), Units, 2019-2025
Table 7.7:    Asia-Pacific and Japan Powered Agriculture Equipment Market (by Application), Units, 2019-2025
Table 7.8:    Asia-Pacific and Japan Powered Agriculture Equipment Market (by Country), Units, 2019-2025
Table 7.9:    India Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.10:    India Tractor Market (by Power Output), Units, 2019-2025
Table 7.11:    Japan Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.12:    Japan Tractor Market (by Power Output), Units, 2019-2025
Table 7.13:    South Korea Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.14:    South Korea Tractor Market (by Power Output), Units, 2019-2025
Table 7.15:    Australia Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.16:    Australia Tractor Market (by Power Output), Units, 2019-2025
Table 7.17:    Rest -of -APJ Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.18:    Rest -of -APJ Tractor Market (by Power Output), Units, 2019-2025
Table 7.19:    North America Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.20:    North America Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 7.21:    North America Tractor Market (by Power Output), Units, 2019-2025
Table 7.22:    North America Tractor Market (by Power Source), Units, 2019-2025
Table 7.23:    North America Powered Agriculture Equipment Market (by Application), Units, 2019-2025
Table 7.24:    North America Powered Agriculture Equipment Market (by Country), Units, 2019-2025
Table 7.25:    U.S. Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.26:    U.S. Tractor Market (by Power Output), Units, 2019-2025
Table 7.27:    Canada Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.28:    Canada Tractor Market (by Power Output), Units, 2019-2025
Table 7.29:    Mexico Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.30:    Mexico Tractor Market (by Power Output), Units, 2019-2025
Table 7.31:    Middle East and Africa Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.32:    Middle East and Africa Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 7.33:    Middle East and Africa Tractor Market (by Power Output), Units, 2019-2025
Table 7.34:    Middle East and Africa Tractor Market (by Power Source), Units, 2019-2025
Table 7.35:    Middle East and Africa Powered Agriculture Equipment Market (by Application), Units, 2019-2025
Table 7.36:    Middle East and Africa Powered Agriculture Equipment Market (by Group of Countries), Units, 2019-2025
Table 7.37:    Middle East Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.38:    Middle East Tractor Market (by Power Output), Units, 2019-2025
Table 7.39:    Africa Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.40:    Africa Tractor Market (by Power Output), Units, 2019-2025
Table 7.41:    Europe Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.42:    Europe Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 7.43:    Europe Tractor Market (by Power Output), Units, 2019-2025
Table 7.44:    Europe Tractor Market (by Power Source), Units, 2019-2025
Table 7.45:    Europe Powered Agriculture Equipment Market (by Application), Units,  2019-2025
Table 7.46:    Europe Powered Agriculture Equipment Market (by Country), Units,  2019-2025
Table 7.47:    France Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.48:    France Tractor Market (by Power Output), Units, 2019-2025
Table 7.49:    Germany Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.50:    Germany Tractor Market (by Power Output), Units, 2019-2025
Table 7.51:    Italy Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.52:    Italy Tractor Market (by Power Output), Units, 2019-2025
Table 7.53:    Spain Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.54:    Spain Tractor Market (by Power Output), Units, 2019-2025
Table 7.55:    Rest-of-Europe Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.56:    Rest-of-Europe Tractor Market (by Power Output), Units, 2019-2025
Table 7.57:    China Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.58:    China Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 7.59:    China Tractor Market (by Power Output), Units, 2019-2025
Table 7.60:    China Tractor Market (by Power Source), Units, 2019-2025
Table 7.61:    China Powered Agriculture Equipment Market (by Application), Units,  2019-2025
Table 7.62:    South Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.63:    South America Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 7.64:    South America Tractor Market (by Power Output), Units, 2019-2025
Table 7.65:    South America Tractor Market (by Power Source), Units, 2019-2025
Table 7.66:    South America Powered Agriculture Equipment Market (by Application), Units, 2019-2025
Table 7.67:    South America Powered Agriculture Equipment Market (by Country), Units, 2019-2025
Table 7.68:    Brazil Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.69:    Brazil Tractor Market (by Power Output), Units, 2019-2025
Table 7.70:    Argentina Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.71:    Argentina Tractor Market (by Power Output), Units, 2019-2025
Table 7.72:    Rest-of-South America Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.73:    Rest-of-South America Tractor Market (by Power Output), Units, 2019-2025
Table 7.74:    U.K. Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Table 7.75:    U.K. Powered Agriculture Equipment Market (by Equipment Type), $Million, 2019-2025
Table 7.76:    U.K. Tractor Market (by Power Output), Units, 2019-2025
Table 7.77:    U.K. Tractor Market (by Power Source), Units, 2019-2025
Table 7.78:    U.K. Powered Agriculture Equipment Market (by Application), Units,  2019-2025
Table 8.1:    AGCO Corporation: Product Portfolio
Table 8.2:    AeroVironment, Inc.: Product Portfolio
Table 8.3:    CLAAS Group: Product Portfolio
Table 8.4:    CNH Industrial N.V.: Product Portfolio
Table 8.5:    Deere & Company: Manufacturing Facility
Table 8.6:    Deere & Company: Product Portfolio
Table.8.7:    ISEKI & CO. Ltd.: Manufacturing Facility
Table 8.8:    ISEKI & CO. Ltd.: Product Portfolio
Table 8.9:    Kubota Corporation: Service Portfolio
Table 8.10:    Mahindra & Mahindra Ltd.: Manufacturing Facility
Table 8.11:    Mahindra & Mahindra Ltd.: Product Portfolio
Table 8.12:    Parrot SA: Service Portfolio
Table 8.13:    Robert Bosch GmbH: Service Portfolio
Table 8.14:    SDF Group: Manufacturing Facility
Table 8.15:    SDF Group: Product Portfolio
Table 8.16:    Trimble Inc.: Product Portfolio
Table 8.17:    Abundant Robotics Inc.: Product Portfolio
Table 8.18:    Deepfield Robotics: Product Portfolio
Table 8.19:    Kinze Manufacturing: Product Portfolio
Table 8.20:    ecoRobotix Ltd.: Product Portfolio
Table 8.21:    Harvest Automation Inc.: Product Portfolio
Table 8.22:    Harvest Croo Robotics: Product Portfolio
Table 8.23:    Naio Technologies: Product Portfolio
Table 8.24:    PrecisionHawk Inc. Product Portfolio
Table 8.25:    Robotics Plus: Product Portfolio
Table 8.26:    Tirth Agro Technology Private Limited: Product Portfolio
Table 8.27:    Tractor and Farm Equipment Ltd: Product Portfolio
Table 8.28:    Yamaha Motor Co. Ltd.: Product Portfolio
Table 8.29:    Yanmar Co. Ltd: Product Portfolio of Next-Generation Equipment
Table 8.30:    Yanmar Co. Ltd: Product Portfolio of Traditional Equipment
Table 8.31:    Zetor Tractors a.s.: Product Portfolio

List of Figures

Figure 1:    Macroeconomic Trends Impacting the Farming Industry Growth
Figure 2:    Drivers and Restraints – Global Powered Agriculture Equipment Market
Figure 3:    Global Powered Equipment Market Snapshot
Figure 4:    Global Powered Agriculture Equipment Market (by Equipment Type), Units, 2019-2025
Figure 5:    Global Tractor Market (by Power Output), Units, 2019-2025
Figure 6:    Global Tractor Market (by Power Source), Units, 2019-2025
Figure 7:    Global Powered Agriculture Equipment Market (by Application), Units,  2019-2025
Figure 8:    Global Next-Generation Powered Agriculture Equipment Market (by Type), $Million, 2019-2025
Figure 9:    Regional Powered Agriculture Equipment Market (by Volume), 2019-2025
Figure 1.1:    Market Dynamics
Figure 1.2:    Food Insecurity by Severity Across the World (by Region), 2018
Figure 1.3:    Employment in Agriculture (by Region), 1991 and 2019
Figure 1.4:    Advantages of Autonomous Tractors and Equipment in Farming
Figure 1.5:    Key Applications of GIS Software in Agriculture
Figure 2.1:    Strategies Adopted by the Key Players (2017-2020)
Figure 2.2:    Share of Key Market Strategies and Developments (January 2017-April 2020)
Figure 2.3:    New Product Launches and Developments Share (by Companies)
Figure 2.4:    Business Expansion and Contract Share (by Companies)
Figure 2.5:    Partnerships, Collaborations, and Joint Ventures Share (by Companies)
Figure 2.6:    Mergers and Acquisitions Share (by Companies)
Figure 2.7:    Market Share Analysis of the Leading Players in Powered Agriculture Equipment Market, 2019(%)
Figure 3.1:    Supply Chain Analysis of Powered Agriculture Equipment Market
Figure 3.2:    Porter’s Five Forces Analysis for Powered Agriculture Equipment Market
Figure 4.1:    Key 20 Investments in Next-Generation Powered Agriculture Equipment, 2019
Figure 4.2:    Next-Generation Powered Agriculture Equipment
Figure 4.3:    Global Next-Generation Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 4.4:    Key Types of UAVs/Drones
Figure 4.5:    Agricultural UAVs/Drones Market, $Million, 2019-2025
Figure 4.6:    Major Applications of UAVs/Drones for Smart Farming
Figure 4.7:    Harvesting and Picking Robots Market, $Million, 2019-2025
Figure 4.8:    Advantages of Autonomous Tractors in Farming
Figure 4.9:    Levels of Autonomy in Autonomous Tractors
Figure 4.10    : Autonomous Tractor Company Landscape, 2019-2020
Figure 4.11    : Global Autonomous Tractor Market, $Million, 2019-2025
Figure 4.12    : Other Next-Generation Powered Agriculture Equipment Market, $Million,  2019-2025
Figure 5.1:    Global Tractor Market, Units, 2019-2025
Figure 5.2:    Global Combine Harvester Market, Units, 2019-2025
Figure 5.3:    Global Planter Market, Units, 2019-2025
Figure 5.4:    Global Sprayer Market, Units, 2019-2025
Figure 5.5:    Global Other Powered Agriculture Equipment Market, Units, 2019-2025
Figure 6.1:    Harvesting Application in Global Powered Agriculture Equipment Market, Units, 2019-2025
Figure 6.2:    Sowing and Planting Application in Global Powered Agriculture Equipment Market, Units, 2019-2025
Figure 6.3:    Spraying and Fertilizing Application in Global Powered Agriculture Equipment Market, Units, 2019-2025
Figure 6.4:    Other Applications in Global Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.1:    Powered Agriculture Equipment: Regional Market Coverage
Figure 7.2:    Asia-Pacific and Japan Powered Agriculture Equipment Market, Units,  2019-2025
Figure 7.3:    Asia-Pacific and Japan Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 7.4:    India Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.5:    Japan Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.6:    South Korea Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.7:    Australia Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.8:    Rest -of -APJ Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.9:    North America Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.10:    North America Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 7.11:    U.S. Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.12:    Canada Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.13:    Mexico Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.14:    Middle East and Africa Powered Agriculture Equipment Market, Units,  2019-2025
Figure 7.15:    Middle East and Africa Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 7.16:    Middle East Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.17:    Africa Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.18:    Europe Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.19:    Europe Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 7.20:    France Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.21:    Germany Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.22:    Italy Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.23:    Spain Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.24:    Rest-of-Europe Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.25:    China Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.26:    China Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 7.27:    South America Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.28:    South America Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 7.29:    Brazil Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.30:    Argentina Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.31:    Rest-of-South America Powered Agriculture Equipment Market, Units,  2019-2025
Figure 7.32:    U.K. Powered Agriculture Equipment Market, Units, 2019-2025
Figure 7.33:    U.K. Powered Agriculture Equipment Market, $Million, 2019-2025
Figure 8.1:    Share of Key Companies
Figure 8.2:    AGCO Corporation: Overall Financials, 2017-2019
Figure 8.3:    AGCO Corporation: Net Sales (by Region), 2017-2019
Figure 8.4:    AGCO Corporation: Net Sales (by Business Segment), 2019
Figure 8.5:    AGCO Corporation: SWOT Analysis
Figure.8.6:    AeroVironment, Inc.: Overall Financials, 2017-2019
Figure 8.7:    AeroVironment - Net Revenue (by Business Segment), 2017-2019
Figure.8.8:    AeroVironment, Inc.: Net Revenue (by Region), 2017-2019
Figure 8.9:    AeroVironment, Inc.: SWOT Analysis
Figure 8.10:    CLAAS Group: Overall Financials, 2017-2019
Figure 8.11:    CLAAS Group: Net Revenue, (by Region), 2017-2019
Figure 8.12:    CLAAS Group: SWOT Analysis
Figure 8.13:    CNH Industrial N.V.: Overall Financials, 2017-2019
Figure 8.14:    CNH Industrial N.V.: Net Revenue (by Region), 2017-2019
Figure 8.15:    CNH Industrial N.V.: Net Revenue (by Region), 2017-2019
Figure 8.16:    CNH Industrial N.V.: Net Revenue Share (by Region), 2019
Figure 8.18:    Deere & Company: Overall Financials, 2017-2019
Figure 8.19:    Deere & Company: Net Revenue (by Business Segment), 2017-2019
Figure 8.20:    Deere & Company: Net Revenue (by Region), 2017-2019
Figure 8.21:    Deere & Company: Net Revenue Share (by Region), 2019
Figure 8.22:    Deere & Company: SWOT Analysis
Figure 8.23:    ISEKI & CO. Ltd: Overall Financials, 2016-2018
Figure 8.24:    ISEKI & CO. Ltd: Net Revenue (by Region), 2017-2018
Figure 8.25:    ISEKI & CO. Ltd: Net Revenue Share (by Region), 2018
Figure 8.26:    ISEKI & CO. Ltd: Net Revenue (by Business Segment), 2017-2018
Figure 8.27:    ISEKI & CO. Ltd.: SWOT Analysis
Figure 8.28:    Kubota Corporation: Overall Financials, 2016-2018
Figure 8.29:    Kubota Corporation: Net Revenue (by Business Segment), 2016-2018
Figure 8.30:    Kubota Corporation: Net Revenue Share (by Region), 2018
Figure 8.31:    Kubota Corporation: SWOT Analysis
Figure 8.32:    Mahindra & Mahindra Ltd.: Overall Financials, 2017-2019
Figure 8.33:    Mahindra & Mahindra Group: SWOT Analysis
Figure 8.34:    Parrot SA: Overall Financials, 2016-2018
Figure 8.35:    Parrot SA: Net Revenue (by Business Segment), 2016-2018
Figure 8.36:    Parrot SA: Net Revenue (by Region), 2016-2018
Figure 8.37:    Parrot SA: SWOT Analysis
Figure 8.38:    Robert Bosch GmbH: Overall Financials, 2017-2019
Figure 8.39:    Robert Bosch GmbH: Net Revenue (by Business Segment), 2017-2019
Figure 8.40:    Robert Bosch GmbH: Net Revenue (by Region), 2017-2019
Figure 8.41:    Robert Bosch GmbH: SWOT Analysis
Figure 8.42:    SDF Group: Overall Financials, 2017-2019
Figure 8.43:    SDF Group: Net Revenue (by Region), 2017-2019
Figure 8.44:    SDF Group: Net Revenue (by Business Segment), 2017-2019
Figure 8.45:    SDF Group: SWOT Analysis
Figure 8.46:    Trimble Inc.: Overall Financials, 2017-2019
Figure 8.47:    Trimble Inc.: Net Revenue (by Business Segment), 2017-2019
Figure 8.48:    Trimble Inc.: Net Revenue (by Region), 2017-2019
Figure 8.49:    Trimble Inc.: SWOT Analysis
Figure 8.50:    Abundant Robotics Inc.: SWOT Analysis
Figure 8.51:    Deepfield Robotics: SWOT Analysis
Figure 8.52:    Kinze Manufacturing: SWOT Analysis
Figure 8.53:    ecoRobotix Ltd.: SWOT Analysis
Figure 8.54:    Harvest Automation Inc.: SWOT Analysis
Figure 8.55:    Harvest Croo Robotics: SWOT Analysis
Figure 8.56:    Naio Technologies: SWOT Analysis
Figure 8.57:    PrecisionHawk Inc.: SWOT Analysis
Figure 8.58:    Robotics Plus: SWOT Analysis
Figure 8.59:    Tirth Agro Technology Private Limited: SWOT Analysis
Figure 8.60:    Tractor and Farm Equipment Ltd: SWOT Analysis
Figure 8.61:    Yamaha Motor Co. Ltd.: Overall Financials, 2017-2019
Figure 8.62:    Yamaha Motor Co. Ltd.: Net Revenue by Region, 2018-2019
Figure 8.63:    Yamaha MotorCo. Ltd.: SWOT Analysis
Figure 8.64:    Yanmar Co. Ltd: SWOT Analysis
Figure 8.65:    Zetor Tractors: SWOT Analysis
Figure 9.1:    Powered Agriculture Equipment Market Scope
Figure 9.2:    Report Methodology
Figure 9.3:    Primary Interviews Breakdown, by Player, Designation, and Region
Figure 9.4:    Sources of Secondary Research
Figure 9.5:    Data Triangulation
Figure 9.6:    Top Down and Bottom-Up Approach for Market Estimation

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