The market for agricultural equipment in India is expected to cross USD 12 Billion by FY’2018


  • Future Growth of agricultural equipment market will be led by large sized equipments such as tractors and combine harvesters, and the upcoming rice transplanters segment
  • Agricultural equipment companies in China are increasingly their production capacities of agricultural machinery annually

Ken Research announced its latest publication on “India Agricultural Equipment Industry Outlook to 2018” which provides a comprehensive analysis of major countries and different agricultural equipment being used in the region. The report covers various aspects such as market size of India 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.

In the Asia-Pacific region, India has remained one of the primary nations which fuelled the growth of the agricultural equipment market. The tractors, power tillers, combine harvesters and rice trans-planters are some of the equipments for which a surge in demand has been witnessed over the past few years. The growing income levels of farmers and the competitive pricing of the equipments by different companies have led to an increase in the demand for farm machinery in India. The growing shortage of the labor resources in the country for doing various farm related activities have further pushed the farmers to resort to farm mechanization and innovative farming techniques. The range of subsidy schemes initiated by the government has also encouraged farmers to buy farm equipments thereby increasing the demand for agricultural equipment further.

According to the research report, the India agricultural equipment market will grow at an unprecedented rate, and is anticipated to cross USD 12 Billion by FY’2018.

“India is an agriculturally rich region. While farm mechanization is escalating steadily in the country, low affordability and lack of proper knowledge in operating agricultural machinery will negatively impact the growth of the industry”,according to the Research Associate, Ken Research.

Key Topics Covered in the Report:

–                Market Size by Sales Value and Volume

–                Market Segmentation by

o   Tractors

o   Rotavators

o   Combine Harvesters

o   Power Tillers

o   Threshers

o   Rice Transplanters

–                Trends and Development

–                Issues and Challenges

–                Export and Import

–                Pricing Scenario

–                Competition and Market Share across every segment

–                Future Outlook

–                Macro Economic Parameters


Key Products Mentioned in the Report

–                Tractors

–                Rotavators

–                Combine Harvesters

–                Power Tillers

–                Threshers

–                Rice Transplanters


Companies Covered in the Report

–                Mahindra and Mahindra Swaraj Division

–                Sonalika Group

–                Tractors and Farm Equipment Limited

–                VST Tillers and Tractors

–                Kerala Agro Machinery Corporation Ltd

–                Preet Agro Industries

–                Tirth Agro

–                Kartar Agro

–                Kubota

–                CLAAS India

–                New Hira

–                Dashmesh

Browse and Download Report Here-

Related Reports:

India Micro Irrigation System Market Outlook to 2018 – Increasing Government Support and Farmer Awareness to Stimulate the Growth

India Seed Industry Outlook to FY’2018 – Rapid Hybridization in Vegetables, Corn and Rice to Impel Growth
India Pesticides Industry Analysis to 2018 – Led by Advent of Technologically Advanced Biopesticides


Ken Research
Ankur Gupta, Head Marketing & Communications


Ken Research is a Global aggregator and publisher of Market intelligence research reports, equity reports, data base directories and economy reports. The company is engaged in data analytics and aids clients in due-diligence, product expansion, plant setup, acquisition intelligence to all the other gamut of objectives through our research focus.

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