LONDON--(BUSINESS WIRE)--#AgriculturalMachineryMarketinIndia--The agricultural machinery market in India is poised to grow by USD 3.73 billion during 2020-2024 progressing at a CAGR of over 8% during the forecast period.

The report on the agricultural machinery market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the adoption of contract farming.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The agricultural machinery market analysis in India includes the product segment. This study identifies government initiatives to support sustainable agricultural practices as one of the prime reasons driving the agricultural machinery market growth in India during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The agricultural machinery market in India covers the following areas:

Agricultural Machinery Market Size in India

Agricultural Machinery Market Forecast in India

Agricultural Machinery Market Analysis in India

Companies Mentioned

• AGCO Corp.
• Amalgamations Group Co.
• CLAAS Group
• CNH Industrial NV
• Deere & Co.
• Escorts Ltd.
• International Tractors Ltd.
• ISEKI & Co. Ltd.
• Kubota Corp.
• Mahindra & Mahindra Ltd.

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Tractors - Market size and forecast 2019-2024
• Harvesting machinery - Market size and forecast 2019-2024
• Haying machinery - Market size and forecast 2019-2024
• Planting and fertilizing machinery - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Product

Customer landscape

• Overview

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption
• Vendor Analysis

Vendors covered

• Market positioning of vendors
• AGCO Corp.
• Amalgamations Group Co.
• CLAAS Group
• CNH Industrial NV
• Deere & Co.
• Escorts Ltd.
• International Tractors Ltd.
• ISEKI & Co. Ltd.
• Kubota Corp.
• Mahindra & Mahindra Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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