Agricultural Implement Industry Outlook and Market Expansion Opportunities by 2031


Posted November 9, 2022 by ramtbrc

The global agricultural implement market reached a value of nearly $241.9 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.0% since 2015.

 
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The Agricultural Implement Global Market Report 2022-31 by The Business Research Company describes and explains the global agricultural implement market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Agricultural Implement Global Market Opportunities And Strategies Report covers agricultural implement market drivers, agricultural implement market trends, agricultural implement market segments, agricultural implement market growth rate, agricultural implement market major players, agricultural implement market size and a special focus on identifying the trends, opportunities, and strategies that can lead to success.

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The Agricultural Implement Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies in detail. O&S reports are available off the shelf and can be delivered to clients on the day of purchase. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

View more on the Agricultural Implement Market Report:
https://www.thebusinessresearchcompany.com/report/agricultural-implement-market

A key agricultural implement market trend:
Increasing adoption of new techniques and technologies in the farming sector has given a boost to autonomous farm equipment. The sensor situated in different parts of the equipment allows the user to toggle between manual and robotic control. These sensor control systems are linked to a central command station, allowing a single operator to simultaneously manage multiple manned or unmanned farm machines at a time to complete the work efficiently. This technology will reduce the growing concern of labor shortages and increases productivity and efficiencies in farming practices. In June 2020, Sberbank and Cognitive Technologies Group’s joint venture company, Cognitive Pilot, has introduced a pilot project to install the Cognitive Agro Pilot software and hardware in 242 combine harvesters used by Rusagro Group LLC.

The report covers the agricultural implement market segments:
1. By Type: Farm Machinery And Equipment, Lawn And Garden Tractor And Home Lawn And Garden Equipment
2. By Operation: Autonomous, Semi-autonomous, Manual
3. By Capacity: Small, Medium, Large
4. By Application: Land Development and Seed Bed Preparation, Sowing and Planting, Weed Cultivation, Plant Protection, Harvesting and Threshing, Post-Harvest and Agro Processing

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Issued By The Business Research Company
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Tags global agricultural implement market
Last Updated November 9, 2022