Japan Agriculture Machinery Market Introduction and Overview
According to SPER Market Research, the Japan Agriculture Machinery Market is estimated to reach USD XX billion by 2033 with a CAGR of 2.44%.
The report includes an in-depth analysis of the Japan Agriculture Machinery Market, including market size and trends, product mix, distribution channels, and supplier analysis. Agricultural machinery is a broad category of mechanical devices, equipment, and vehicles that are specifically built and used to assist with various farming and agricultural chores. These machines play a critical role in updating and improving agricultural processes. They include a wide range of tools, such as tractors and plows for soil preparation, seeders and planters for crop sowing, harvesters and threshers for grain collecting, and irrigation systems for effective water management.
- In October 2022, the Kubota firm established the Global Institute of Technology in Osaka, Japan, with the goal of increasing research and development for new product development in accordance with the region's economic landscape and needs.
- January 2022: John Deere, an American manufacturer of agricultural gear, unveiled a completely autonomous tractor for large-scale production at CES 2022. The machine combines a Deere 8R tractor, a TruSet-enabled chisel plow, a GPS navigation system, and more advanced technology that will be accessible to farmers next year.
Market Opportunities and Challenges
Japan agriculture machinery market offers both large market possibilities and significant market challenges. In terms of opportunities, the tractor is one of the most essential components of farm machinery that most farmers utilize. In Japan, tractor use is expanding in comparison to other agricultural gear. According to the Japan Agricultural Machinery Manufacturers Association, overall agriculture machinery production in 2020 is expected to be USD 3734.78 million. Tractors account for 57% of the total value of agricultural machinery.
Furthermore, rice is Japan's most significant crop, accounting for around 47% of agricultural output value each year. Because rice is the most mechanized crop in the country, agricultural equipment, particularly tractors, is used extensively.
Despite technical developments and strong production standards, the Japanese agricultural machinery sector confronts numerous important challenges. One major concern is the aging farming population, with an increasing proportion of farmers being over the age of 65. This generational transition raises worries regarding traditional farmers' embrace of modern machinery and technology, who may be resistant to change. Furthermore, the scarcity of agricultural land and the dispersion of land ownership make widespread use of large-scale machinery difficult. Another barrier is the high cost of agricultural machinery, which makes it impossible for smaller farmers to invest in cutting-edge technology.
Market Competitive Landscape
In Japan, the agricultural machinery market is fragmented, with major firms retaining just a minor proportion. To increase sales, these companies employ techniques such as fresh product launches and heavy promotions. Domestic players in the Japanese agricultural machinery business include Deere & Company, Mitsubishi Agricultural Machinery Co. Ltd, Yanmar Co. Ltd, and Kubota Corporation, Iseki Co. Ltd.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Automation, By End User
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| Regions covered | Eastern Region, Southern Region, Western Region, Northern Region
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| Companies Covered | AGCO Corp, Agrale, CNH Industrial NV, Deere and Company, Kubota Corporation, Kukie Machinery Company Limited, Messey Ferguson, Yanmar Company Limited, Others. |
COVID-19 Impact on Japan Agriculture Machinery Market
The COVID-19 pandemic has had a significant impact on Japan's agricultural machinery business. Disruptions in global supply chains and transportation logistics caused delays in the delivery of critical components and machinery in the early phases. Manufacturing and production also suffered difficulties as a result of limitations and lockdown measures, resulting in lower output. Furthermore, market uncertainty caused several farmers to postpone or reconsider their investments in new machinery, contributing to a drop in demand.
Key Target Audience
- Farmers and Agricultural Producers
- Agriculture Cooperatives
- Government and Regulatory Bodies
- Agricultural Extension Services
Our in-depth analysis of the Japan Agriculture Machinery Market includes the following segments:
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By Type:
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Agriculture Spraying Equipment
Harvesters
Hay & Forage Machines
Irrigation & Crop Processing
Soil Preparation & Cultivation
Tractors
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By Automation:
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Automatic
Semi-Automatic
Manual
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By End User:
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Aftersales
Original Equipment Manufactures
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Key Topics Covered in the Report
- Japan Agriculture Machinery Market Size (FY’2023-FY’2033)
- Overview of Japan Agriculture Machinery Market
- Segmentation of Japan Agriculture Machinery Market By Type (Agriculture Spraying Equipment, Harvesters, Hay & Forage Machines, Irrigation & Crop Processing, Soil Preparation & Cultivation, Tractors)
- Segmentation of Japan Agriculture Machinery Market By Automation (Automatic, Semi-Automatic, Manual)
- Segmentation of Japan Agriculture Machinery Market By End User (Aftersales, Original Equipment Manufacturers)
- Statistical Snap of Japan Agriculture Machinery Market
- Expansion Analysis of Japan Agriculture Machinery Market
- Problems and Obstacles in Japan Agriculture Machinery Market
- Competitive Landscape in the Japan Agriculture Machinery Market
- Impact of COVID-19 and Demonetization on Japan Agriculture Machinery Market
- Details on Current Investment in Japan Agriculture Machinery Market
- Competitive Analysis of Japan Agriculture Machinery Market
- Prominent Players in the Japan Agriculture Machinery Market
- SWOT Analysis of Japan Agriculture Machinery Market
- Japan Agriculture Machinery Market Future Outlook and Projections (FY’2023-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 Japan Agriculture Machinery 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. Japan Agriculture Machinery Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Agriculture Machinery Market
7. Japan Agriculture Machinery Market, By Type (USD Million)
7.1. Japan Agriculture Machinery Market Value Share and Forecast, By Type, 2023-2033
7.2. Agriculture Spraying Equipment
7.3. Harvesters
7.4. Hay & Forage Machines
7.5. Irrigation & Crop Processing
7.6. Soil Preparation & Cultivation
7.7. Tractors
8. Japan Agriculture Machinery Market, By Automation (USD Million)
8.1. Japan Agriculture Machinery Market Value Share and Forecast, By Automation, 2023-2033
8.2. Automatic
8.3. Semi-Automatic
8.4. Manual
9. Japan Agriculture Machinery Market, By End User (USD Million)
9.1. Japan Agriculture Machinery Market Value Share and Forecast, By End User, 2023-2033
9.2. Aftersales
9.3. Original Equipment Manufactures
10. Japan Agriculture Machinery Market Forecast, 2019-2033 (USD Million)
10.1. Japan Agriculture Machinery Market Size and Market Share
11. Japan Agriculture Machinery Market, By Type, 2019-2033 (USD Million)
11.1. Japan Agriculture Machinery Market Size and Market Share By Type (2019-2026)
11.2. Japan Agriculture Machinery Market Size and Market Share By Type (2027-2033)
12. Japan Agriculture Machinery Market, By Automation, 2019-2033 (USD Million)
12.1. Japan Agriculture Machinery Market Size and Market Share By Automation (2019-2026)
12.2. Japan Agriculture Machinery Market Size and Market Share By Automation (2027-2033)
13. Japan Agriculture Machinery Market, By End User, 2019-2033 (USD Million)
13.1. Japan Agriculture Machinery Market Size and Market Share By End User (2019-2026)
13.2. Japan Agriculture Machinery Market Size and Market Share By End User (2027-2033)
14. Japan Agriculture Machinery Market, By Region, 2019-2033 (USD Million)
14.1. Japan Agriculture Machinery Market Size and Market Share By Region (2019-2026)
14.2. Japan Agriculture Machinery Market Size and Market Share By Region (2027-2033)
14.3. Eastern Region
14.4. Southern Region
14.5. Western Region
14.6. Norther Region
15. Company Profile
15.1. AGCO Corp.
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Agrale
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. CNH Industrial NV
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Deere and Company
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Kubota Corporation
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Kukje Machinery Company Limited
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Messey Ferguson
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Yanmar Company Limited
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
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.
