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The Germany Agricultural Equipment Market by Shipments to Reach 75,912 Units in 2028 - Arizton
Germany Agriculture Equipment Market Research Report by Arizton
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In Germany, mechanized feedlots, automatic irrigation systems, and agricultural machinery are common in the agricultural landscape. The demand for food and resources has led to increased use of farm machinery to improve productivity and efficiency. The sector has experienced a decline in the labor force but a rise in productivity, with smaller farms consolidating into larger ones. Over the past three decades, there has been a 50% decrease in agricultural labor, while productivity has increased by 4.5% annually due to mechanization. This indicates the maturity of farm machinery in Germany. The saturated market has contributed to slow growth in the agriculture equipment industry. However, there is potential for replacement demand as farmers seek more advanced agricultural equipment.
Governments must adopt effective and sustainable farming practices to ensure food security and safety. While the level of agricultural mechanization is low, Germany has implemented the concept of precision agriculture to increase productivity. Precision farming is a management concept, under which crops are grown according to the specifications of the soil. The focus on agricultural mechanization in developing countries will increase the demand for agricultural equipment.
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Recent Development
› In March 2023, John Deere announced MY24 updates for its 7, 8, and 9 Series Tractors lineup that will help prepare them for the future of precision agriculture.
› In February 2023, Solis Tractors & Agricultural Machinery, headquartered in the Netherlands and a subsidiary of International Tractors Limited (ITL), completed the acquisition of Thaler GmbH & CO KG, a Germany-based company. This strategic move aims to expand ITL's product portfolio by incorporating wheel loaders, complementing their extensive range of tractors.
› In August 2022, AGCO launched the latest Fendt 700 Vario series tractors, featuring an upgraded powertrain with VarioDrive transmission and Fendt iD low engine speed concept. This new generation aims to enhance efficiency and productivity for customers.
› In June 2022, The CLAAS AXION 900 series of large tractors for contractors and big farms the new AXION 900 series are equipped as standard with the updated, continuously variable ZF Terramatic transmission.
› In February 2022, New Holland, a CNH Industrial brand, announced the launch of the first global production of T6 Methane Power tractor in the US. The launch results from a multiyear development project to build and bring a tractor lineup to market that furthers the use of more sustainable fuel sources in US agriculture.
The following factors are likely to contribute to the Germany agricultural equipment market growth:
Assistance to Farmers through Loans & Subsidies
Increased Agricultural Productivity & Exports
Increased Farm Mechanization
Shortage of Agricultural Laborers
Key Company Profiles
John Deere
Business Overview
Product Offerings
Key Strategies
Key Strengths
Key Opportunities
CNH Industrial
AGCO
Kubota
Other Prominent Vendors
SDF
Business Overview
Product Offerings
CLAAS
Grimme
Fliegl Agro-Center GmbH
KUHN Group
LEMKEN GmbH & Co. KG
APV GmbH
NEXAT GmbH
KIOTI
Sonalika
Yanmar
Segmentation By Equipment Type
Tractors
Horsepower
Wheel-Drive
Planting Equipment
Seeder
Planter
Transplanter
Tillage Equipment
Plough
Harrow
Tiller
Harvesting Equipment
Combine
Forage Harvester
Mowing Equipment
Mower
Windrower
Sprayer
Others
Loaders
Balers
Segmentation By Application Type
Land Development and Seed Bed Preparation
Sowing and Planting
Plant Protection
Harvesting and Threshing
Post Harvesting
Key Questions Answered in the Report:
How big is the Germany agricultural equipment market?
What is the growth rate of the Germany agricultural equipment market?
What are the expected units sold in the German agricultural equipment market by 2028?
Which application type holds the largest Germany agricultural equipment market share?
What are some significant trends in the Germany agricultural equipment market?
Who are the key players in the German agricultural equipment market?
Get the Detailed TOC @ https://www.arizton.com/market-reports/germany-agricultural-equipment-market?details=tableOfContents
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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