Germany Agricultural Equipment Market Growth, Size, Trends, Demand, Share and Future Outlook

Germany Agricultural Equipment Market Size- By Equipment Type, By Application Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Germany Agricultural Equipment Market Size- By Equipment Type, By Application Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Jul 2024 Report ID: AGRI2429 Pages: 1 - 107 Formats*:     
Category : Agriculture
Germany Agricultural Equipment Market Introduction and Overview 

According to SPER Market Research, the Germany Agricultural Equipment Market is estimated to reach USD XX million by 2033 with a CAGR of 3.75%.

The report includes an in-depth analysis of the Germany Agricultural Equipment Market, including market size and trends, product mix, applications, and supplier analysis. Agricultural equipment is the machinery or manufactured parts used in agro-based economies worldwide to boost land output. Farmers and landowners are strongly encouraged by the machinery to integrate automation technology into their traditional farming methods. In addition, the growing scarcity of human labour and the high expense of maintaining animals on building sites throughout numerous countries are driving customers to embrace the benefits of modern technology in farming applications. In March 2023, John Deere announced MY24 upgrades to its 7, 8, and 9 Series Tractors, positioning them for the future of precision agriculture.

  • In August 2022, AGCO introduced the most recent model in the Fendt 700 Vario series of tractors. It included an improved powertrain with VarioDrive gearbox and the Fendt iD low engine speed concept. The goal of this new generation is to increase customer productivity and efficiency.
  • In June 2022, the CLAAS AXION 900 series of large tractors for contractors and large farms will be fitted as standard with the upgraded, continuously variable ZF Terramatic gearbox.
Germany Agricultural Equipment Market
Market Opportunities and Challenges

Opportunities- Utilising Energy-Efficient Farm Machinery
The Positive Agriculture Project seeks to supply necessary equipment in a sustainable manner and enhance the quality of life for everyone involved in the agricultural supply chain. This goal complements the previously declared target of reducing greenhouse gas (GHG) emissions by 40% by 2030 and completely eliminating emissions by 2040. The accomplishment of these goals will be made possible by the use of energy-efficient agricultural equipment.

Germany's High Local Production Capabilities
Germany produces a considerable amount of agricultural equipment domestically. More than 20 production facilities provide equipment to the domestic and foreign markets. A supportive tax and regulatory environment for the industry, competitive electricity and fuel prices, and the availability of a trained labour force at a reasonable cost have all contributed to the current economic climate that is conducive to production investments.

Challenges- Growing agriculture Technological advancements in the agriculture industry raise input prices for equipment commissioning across farms. Furthermore, using such mechanised agricultural equipment incurs substantial operational and maintenance costs, resulting in low agricultural profit margins. The complicated machine's engagement in farming operations increased the complexity for farmers, raising concerns about the ability of qualified labour to manage and oversee operations. Furthermore, the increasing usage of agricultural machinery, which becomes heavier over time, causes soil compaction and may occasionally harm crops or food products. Thus, using modern farming equipment encourages farmers to overuse mechanised fertiliser spreaders, resulting in equipment malfunctions or frequent maintenance. Unavailability and delays in repairing and servicing the equipment contribute to downtime. This results in high maintenance costs and repair work.

Germany Agricultural Equipment Market


Market Competitive Landscape
The market under consideration is extremely consolidated, with a few main firms holding a significant market share. This can be ascribed to crop growers' preference for big brands in machinery due to the assurance of quality and after-sales services provided by major corporations. Deere & Company, AGCO Corporation, CNH Industrial N. V., KUBOTA Corporation, and Mahindra & Mahindra Ltd. are all major players in the Indian agricultural machinery market. The leading firms in the German market have pursued important tactics such as new product releases, alliances, and acquisitions.

Scope of the report:
 Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
 Forecast period 2024-2033
Segments coveredBy Equipment Type, By Application Type
 Regions covered
Eastern Region, Western Region, Southern Region, Northern Region
Companies CoveredAgrale S.A, AGCO Corporation, CLAAS KGaA mbH, Deere & Company, CNH Industrial N.V, Kubota Corporation, Mahindra & Mahindra Ltd, Yanmar Co.
COVID-19 Impact on Germany Agricultural Equipment Market
The COVID-19-related restrictions forced farmers to experience a decline in revenue, which made it more difficult for them to buy agricultural equipment. Due of global restrictions, the COVID-19 pandemic made it difficult for the German market for agricultural equipment to flourish. Even so, the market ultimately succeeded in setting the standard for easily accessible mechanised gear for the nation's target market.

Key Target Audience:
  • Farmers and Agricultural Producers
  • Agribusiness Companies
  • Agricultural Cooperatives
  • Agricultural Equipment Dealers and Distributors
  • Government and Regulatory Bodies
  • Research and Academic Institutions
  • Agricultural Contractors
  • Financial Institutions and Insurance Companies
Our in-depth analysis of the Germany Agricultural Equipment Market includes the following segments:
By Equipment Type:
  • Tractors
  • Planting Equipment
  • Tillage Equipment
  • Sprayer
  • Harvesting Equipment
  • Mowing Equipment
  • Others
  • By Application Type:
  • Land Development and Seed Bed Preparation
  • Sowing and Planting
  • Plant Protection
  • Harvesting and Threshing
  • Post Harvesting
  • Key Topics Covered in the Report:
    • Germany Agricultural Equipment Market Size (FY’2024-FY’2033)
    • Overview of Germany Agricultural Equipment Market
    • Segmentation of Germany Agricultural Equipment Market by Equipment Type (Tractors, Planting Equipment, Tillage Equipment, Sprayer, Harvesting Equipment, Mowing Equipment, Others)
    • Segmentation of Germany Agricultural Equipment Market by Application Type (Land Development and Seed Bed Preparation, Sowing and Planting, Plant Protection, Harvesting and Threshing, and Post Harvesting)
    • Statistical Snap of Germany Agricultural Equipment Market
    • Expansion Analysis of Germany Agricultural Equipment Market
    • Problems and Obstacles in Germany Agricultural Equipment Market
    • Competitive Landscape in the Germany Agricultural Equipment Market
    • Impact of COVID-19 and Demonetization on Germany Agricultural Equipment Market
    • Details on Current Investment in Germany Agricultural Equipment Market
    • Competitive Analysis of Germany Agricultural Equipment Market
    • Prominent Players in the Germany Agricultural Equipment Market
    • SWOT Analysis of Germany Agricultural Equipment Market
    • Germany Agricultural Equipment Market Future Outlook and Projections (FY’2024-FY’2033)
    • Recommendations from Analyst 
    1. Introduction
    1.1. Scope of the report 
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Germany Agricultural Equipment Market.

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Germany Agricultural Equipment Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Agricultural Equipment Market

    7. Germany Agricultural Equipment Market, By Equipment Type (USD Million) 2020-2033
    7.1. Germany Agricultural Equipment Market Size, Share and Forecast, By Equipment Type, 2020-2026
    7.2. Germany Agricultural Equipment Market Size, Share and Forecast, By Equipment Type, 2027-2033
    7.3. Tractors
    7.3.1. Horsepower
    7.3.2. Wheel-Drive
    7.4. Planting Equipment
    7.4.1. Seeder 
    7.4.2. Planter
    7.4.3. Transplanter
    7.5. Tillage Equipment
    7.5.1. Plough
    7.5.2. Harrow
    7.5.3. Tiller
    7.6. Sprayer
    7.6.1. Field Crop Sprayers   
    7.6.2. Orchard Sprayers
    7.7. Harvesting Equipment
    7.7.1. Combine Harvester
    7.7.2. Self-Propelled Forages
    7.8. Mowing Equipment
    7.8.1. Mower
    7.8.2. Windrower
    7.9. Others

    8. Germany Agricultural Equipment Market, By Application Type (USD Million) 2020-2033
    8.1. Germany Agricultural Equipment Market Size, Share and Forecast, By Application Type, 2020-2026
    8.2. Germany Agricultural Equipment Market Size, Share and Forecast, By Application Type, 2027-2033
    8.3. Land Development and Seed Bed Preparation
    8.4. Sowing and Planting
    8.5. Plant Protection
    8.6. Harvesting and Threshing
    8.7. Post Harvesting

    9. Germany Agricultural Equipment Market Forecast, 2020-2033 (USD Million)
    9.1. Germany Agricultural Equipment Market Size and Market Share

    10. Germany Agricultural Equipment Market, By Region, 2020-2033 (USD Million)
    10.1. Germany Agricultural Equipment Market Size and Market Share By Region (2020-2026)
    10.2. Germany Agricultural Equipment Market Size and Market Share By Region (2027-2033) 
    10.3. Eastern Region 
    10.4. Western Region
    10.5. Southern Region
    10.6. Northern Region

    11. Company Profile
    11.1. Agrale S.A 
    11.1.1. Company details
    11.1.2. Financial outlook
    11.1.3. Product summary 
    11.1.4. Recent developments
    11.2. AGCO Corporation
    11.2.1. Company details
    11.2.2. Financial outlook
    11.2.3. Product summary 
    11.2.4. Recent developments
    11.3. CLAAS KGaA mbH 
    11.3.1. Company details
    11.3.2. Financial outlook
    11.3.3. Product summary 
    11.3.4. Recent developments
    11.4. Deere & Company 
    11.4.1. Company details
    11.4.2. Financial outlook
    11.4.3. Product summary 
    11.4.4. Recent developments
    11.5. CNH Industrial N.V 
    11.5.1. Company details
    11.5.2. Financial outlook
    11.5.3. Product summary 
    11.5.4. Recent developments
    11.6. Kubota Corporation 
    11.6.1. Company details
    11.6.2. Financial outlook
    11.6.3. Product summary 
    11.6.4. Recent developments
    11.7. Mahindra & Mahindra Ltd 
    11.7.1. Company details
    11.7.2. Financial outlook
    11.7.3. Product summary 
    11.7.4. Recent developments
    11.8. Yanmar Co 
    11.8.1. Company details
    11.8.2. Financial outlook
    11.8.3. Product summary 
    11.8.4. Recent developments
    11.9. Others
     
    12. Conclusion

    13. List of Abbreviations

    14. Reference Links

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Germany Agricultural Equipment Market is projected to reach USD XX billion by 2033, growing at a CAGR of 3.75% during the forecast period.
    Germany Agricultural Equipment Market grew in market size from 2024. The Market is expected to reach USD XX billion by 2033, at a CAGR of 3.75% during the forecast period.
    Germany Agricultural Equipment Market CAGR of 3.75% during the forecast period.
    Germany Agricultural Equipment Market size is USD XX billion from 2024 to 2033.
    Germany Agricultural Equipment Market Segment is Covered By Equipment Type, By Application Type.
    The Europe region is anticipated to have the highest market share in Germany Agricultural Equipment Market.
    The key players in the market include Companies Covered Agrale S.A, AGCO Corporation, CLAAS KGaA mbH, Deere & Company, CNH Industrial N.V, Kubota Corporation, Mahindra & Mahindra Ltd, Yanmar Co.
    Germany produces a considerable amount of agricultural equipment domestically. More than 20 production facilities provide equipment to the domestic and foreign markets.
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