Top Five Farm Equipment Company | Latest Market Report by BMRC

02 Jun 2020

Farm equipment is one of the agriculture business sector which is booming constantly. The Indian agricultural equipment market is expected to grow rapidly with strong potential for future development. Asia-Pacific was demanding region as compared to another regions. India is one of the essential nations which have fuelled the development of the agricultural equipment market. Rice transplanters, combine harvesters and power tillers tractors are the farm implements for which a surge in demand has been observed during the past few years.

Farm machines have reorganized agriculture and reduced hard work for millions of farm families and workers. Many factors influencing agricultural machinery sales include the yield production costs including fuel, monsoon, pesticides, government declared costs for crops, commodity prices, fertilizer and the credit policy announced by banks.

Farm Equipment Company Market Segmentation:

Segmentation by Type:

Combines, Balers, Sprayers

Segmentation by Application:

Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest & Agro Processing

Farm machinery needs to be precise, lean, intelligent, precise and efficient in order to minimize the effect on the soil and the landscape. The farming activities have huge impact on the environment such as soil tillage as it can severely damage pesticide application and soil environment.

Brandessence Market Research has announced the Top 5 Farm Equipment Company Market List In 2020

 

John Deere

The quality of a company is expressed through the quality of its leadership. For more than 180 years, John Deere has benefited from visionary and disciplined leaders at its helm. In 2020, John May became just the 10th person to run this storied company. Since our founding in 1837, John Deere has delivered products and services to support those linked to the land. Read about our past, what we learn from it, and how we use it to improve every day.

We work every day to uphold our founder’s core values. Integrity, quality, commitment, and innovation are more than ideals we work toward. They are values we live and breathe – values found in every product, service, and opportunity we offer.

 

CNH Industrial

C?NH Industrial is a global leader in capital goods that implements design, manufacturing, distribution, commercial and financial activities in international markets.????

??????We employ more than 63,000 people in 67 manufacturing plants and 56 research and development centers in 180 countries. Our global presence and broad reach mean that we can capitalize on opportunities for growth and pursue our ambition to become a leader in our sectors.

Through our 12 brands we make the vehicles that keep agriculture and industry growing. From tractors and combines to trucks and buses, as well as powertrain solutions for on-road and off-road and marine vehicles, we design, produce and sell machines for work.?

 

AGCO Corporation

We are a global leader in the design, manufacture and distribution of agricultural solutions. We work tirelessly to help make today's farms more productive and more profitable. As the world of agriculture changes, so do we. Brazenly. We do it for the farmers. For the people working for them. For ourselves. For the future.

Our collection of brands is a large part of what makes AGCO so unique. Our brands are powerful. They’re modern. They're well-known brands like Challenger, Fendt, GSI, Massey Ferguson and Valtra. They are the ones that the world looks to each and every day.

 

Kubota Corporation

Kubota has always been a part of society.Our tireless technological innovation and product development have contributed to solutions to social issues. From our start in 1890 to this day, Kubota has introduced a wide range of products in the areas of food, water, and the environment. Food, water, and the environment are indispensable parts of our lives. Kubota works to contribute to these fields through manufacturing to support industry and human wellbeing throughout the world. In food, water, and the environment area, the Kubota Group promises to continue supporting the prosperous life of humans while protecting the environment of this beautiful earth.

 

JCB

JCB India Limited is a leading manufacturer of earthmoving and construction equipment in India. The company started as a joint venture in 1979 and is now a fully owned subsidiary of J.C Bamford Excavators, United Kingdom. With five state-of-the-art factories in India, it today manufactures a wide range of world-class equipment, not only for India, but also for Global markets.

It introduced Backhoe Loaders in India close to four decades ago and has since expanded its product range to over 50 different models in eight product categories. The Ballabgarh factory near New Delhi, which is the world’s largest factory for Backhoe Loaders, is also the Headquarters for JCB India. This facility, apart from Backhoe Loaders, also manufactures Skid Steer Loaders, Telehandlers, Diesel Generators and Diesel Engines.

The company expanded its operations in 2006 and 2007 by setting up two factories at Pune for its Heavyline business. These factories manufacture Tracked Excavators, Wheeled Loaders, Compaction equipment and Fabrications for the Group. With over 400 engineers, Pune also has JCB’s largest Design Center outside of the United Kingdom.


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