About the Agricultural Machinery Market in the US

Agricultural machinery has evolved over the years and modern agricultural machines have enhanced the speed, volume, and efficiency of agricultural practices; the machineries are designed and configured to suit the varied needs of end-users. The market depends on agricultural land and farm output and grows in tandem with demand.

Technavio’s analysts forecast the agricultural machinery market in the US to grow at a CAGR of 4% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the agricultural machinery market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of agricultural machinery.

The market is divided into the following segments based on products:
• Tractors
• Combine Harvester
• Haying Machinery
• Planting and fertilizing machinery
• Plowing and cultivating machinery
• Livestock machinery

Technavio's report, Agricultural Machinery Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Deere & Company
• CNH Industrial
• AGCO
• Kubota

Other prominent vendors
• CLAAS
• Daedong-USA
• Krone
• Kuhn Group
• Lely
• Mahindra & Mahindra
• SAME DEUTZ-FAHR
• Vermeer
• Versatile

Market driver
• Shortage of farm labor
• For a full, detailed list, view our report

Market challenge
• Reduction in commodity prices
• For a full, detailed list, view our report

Market trend
• Shift toward sustainable agriculture
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.