Market Forecast By Products (Tractors ( Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up To 30 HP & 30.1 HP- 70 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above 200 HP), Power Tillers (Up To 30 HP & 30.1 HP- 70 HP), Rotavators ( Up To 30 HP, 30.1 HP- 70 HP & 70.1 HP- 130 HP And Other Agriculture Equipment) And Competitive Landscape.

According to 6Wresearch, China Agriculture Equipment Market size is projected to grow at a CAGR of 1.9 % during 2019-25. The market saw a downward trend till 2019 since the market has already seen the saturation level. However, the market is anticipated to witness a healthy growth from 2020 onwards as the market players are introducing new and innovative products. Other reasons for the growth of agricultural mechanisation are increased pressure to increase farm productivity on account of growing demand for cereals and food and decreased farm labour.

Amongst all products, the market of tractors acquired the highest volume share in China agriculture equipment market in the year 2018 and would continue to maintain its dominance during the forecast period as well. Moreover, less than 30 HP tractor is the major contributor to the volume of tractors in China owing to decreasing farm size in the country and increasing government support to small farmers over large farmers.

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Key Highlights of the Report:

China Agriculture Equipment Market Overview
China Agriculture Equipment Market Outlook
China Agriculture Equipment Market Forecast
China Agriculture Equipment Market Size
China Agriculture Equipment Market Share, by products
China Agriculture Equipment Market Forecast of revenues until 2025
Historical Data of China Agriculture Equipment Market Revenues and Volume, by products for the Period 2015-2018
Market Size & Forecast of China Agriculture Equipment Market Revenues and Volume, by products until 2025

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