The Global Agriculture industry is driven by robust fundamentals & strong, long-term demand & growth drivers linked directly to a rapidly growing global population besides the cyclical demand from the bio-fuel industry for agriculture sources based feedstock linked directly to prevailing crude oil prices & policy framework. The global agricultural output is required to double itself by 2050 as against the present level, in order, to match the rate of global population growth, as per projections, amid diminishing natural resources, thus, highlighting & underscoring the imminent & urgent need for tremendously enhancing efficiency & productivity through precision farming, especially, across developing nations & least developed countries where the population explosion is actually projected to take place.
The current & near term view of the industry is, however, dominated by continued, significant pressures on farm incomes & profitability emanating from an altered supply side economics with record crop production across key geographic regions driving down crop prices & impacting farm incomes directly and significantly which is likely to continue to have a significant bearing on agriculture machinery sales over near term. Further, the current downturn in global energy markets with sustained downward trend in global crude oil prices has impacted the demand as well as production of agriculture feedstock based biofuels severely across North America & Western Europe, thereby, further compounding the complexity of the challenges for the industry, especially, with a significant increase in corn planting acreages across these markets over the recent years. The multitude of pressures on top line growth have necessitated & rendered competitiveness as crucial to protecting profitability across industry OEMs which have been working towards optimizing & aligning their production output, cost base & industrial footprint with emerging demand scenario.
Overall, agriculture output growth over medium term across North America, Europe & Asia is likely to be driven, primarily, by efforts aimed at improving crop yield & productivity. Additionally, the Chinese Government’s strong focus & push for development of Chinese rural agriculture sector over the next decade are likely to generate potential growth opportunities for regional as well as global OEMs with deep roots in China. Also, growing animal protein consumption trend across developing nations driven by rise in disposable incomes & growing urbanization is likely to drive growth for livestock, poultry & dairy sectors across these markets. However, there has been a growing macreconomic divide amongst key global economies as of late with strong economic recovery underway in the U.S. followed by moderate economic growth across China & India while other key emerging markets, namely, Brazil & Russia face strong headwinds & a host of complex economic challenges which is likely to impact overall demand trend across these markets.
Against this backdrop, the report provides comprehensive analysis into the global agriculture equipment market with the introductory section of the report analyzing Key Market & Technology trends likely to shape the future of agriculture machinery. Subsequent sections provide insights into latest market developments, issues & challenges and emerging growth opportunities which could be leveraged by the industry value chain followed by an insightful analysis of market drivers & constraints. The report concludes by analyzing market evolution likely over medium term and projecting demand outlook for agriculture equipment over near to medium term.
Relevance & Usefulness: The report will be useful for:-
-- Inputs for Strategic Planning, Assessment & Decision-Making Processes
-- Identification of & Insights into Potential Growth Opportunities & Avenues
-- Near to Medium Term Market Outlook, Inputs on Market Evolution & Growth Projections
-- Analysis of Emerging Market, Sector-specific & Technology Trends
-- Identifying & highlighting areas for making potential Strategic Changes, Adjustments & Realignment
-- Analysis of Forces Driving as well as restraining the Industry & their overall Dynamics
For Whom: Key Decision-Makers across Industry Value Chain
The report will be essential for those having strategic interest in the global agriculture industry and/or the agriculture equipment market. The report will be especially useful for Key Decision-Makers, Program Managers, Procurement Managers, Top Management of Industry Players & Other Companies, Industry OEMs, Suppliers, Vendors, Sales & Distribution Channels, Technology Solutions Providers and other Key Players in the Industry Value Chain. The report will also be useful for existing & potential Investors, Industry & Company Analysts, M&A Advisory Firms, Strategy & Management Consulting Firms, PE Firms, Venture Capitalists, Financing & Leasing Companies, Researchers and all those associated with the industry or any of these companies.
Features, Benefits & Reasons to Procure:-
--Provides Macro View and Big Picture Quickly
--Blend of Quantitative & Qualitative Analysis
--Significant Time Savings
--Visual Representation enables Easy Comprehension
--Meetings & Presentation Ready Format
--Superior & Enriched User Experience with Incorporation of Relevant Images