- Future Growth of agricultural equipment market will be largely dependent on the trend of consolidating farmlands
- Agricultural equipment industry in Japan is reaching stagnancy
Ken Research announced its latest publication on “Japan Agricultural Equipment Industry Outlook to 2018” which provides a comprehensive analysis of different agricultural equipment being used in the country. The report covers various aspects such as market size of Japan 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.
Agriculture in Japan is significantly automated. The agricultural mechanization level of Japan is by far the largest amongst the other Asian countries. Although Japan’s agriculture is in a dwindling state, the country has still managed to technically furnish itself in agriculture and sustain its population. Japan invests heavily in R&D for technological innovation in farming. The country has been successful in mechanizing its agricultural processes, whereby the power per hectare of farmland has reached 7 HP.
According to the research report, Japan’s agricultural equipment market is witnessing sluggish conditions and will observe a declining trend to reach nearly USD 4.5 billion by 2018.
“On account of the fact that agriculture in Japan has already reached high levels of mechanization compiled with decreasing agricultural activity in the country, the demand for farm equipments in Japan will witness a slowdown in the near future”,according to the Research Associate, Ken Research.
Key Topics Covered in the Report:
– Market Size by Production and Sales Value and Volume
– Market Segmentation by
o Combine Harvesters
o Rice Transplanters
o Plant Protecting Machinery
– Trends and Development
– Export Scenario
– Competition and Market Share
– Growth Drivers
– Future Outlook
– Macro Economic Parameters
Key Products Mentioned in the Report
Plant Protecting Machinery
Companies Covered in the Report
Browse and Download Report Here – http://www.kenresearch.com/agriculture-food-beverages/agriculture-industry/japan-farm-equipment-market-research-report/552-104.html
India Agricultural Equipment Industry Outlook to 2018 – Growing Potential of Rice Transplanters Market
Asia Pacific Agricultural Equipment Industry Outlook to 2018 – Expanding Market for Large Sized Tractors