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(Transportation-News.com, April 18, 2017 ) According to Publisher, the Global Agricultural Machinery market is expected to grow from $1.63 billion in 2015 to reach $2.67 billion by 2022 with a CAGR of 7.3%. Global Forestry machinery market is valued at $7.16 billion in 2015 and is expected to reach $9.81 billion by 2022 growing at a CAGR of 4.6% between 2015 and 2022. The factors such as rising demand for advanced machinery, increasing mechanization of farming operations, and technological advancements are driving the market growth. Moreover, the increasing demand for the food led by the growing population across the globe is another key factor fueling the agriculture and farm machinery market across the globe. Lack of information about farming equipment and its efficiencies among farmers is inhibiting the market growth.
For more information about this report: http://www.reportsweb.com/agricultural-and-forestry-machinery-global-market-outlook-2016-2022
Harvesting machinery segment is projected to grow with highest CAGR value during the forecast period due to growing usage of mechanized harvesting and on-site processing equipment in developing areas. The Asia Pacific region led by India and China is expected to be the fastest growing region. The high demand can be attributed to the rising food consumption for sufficing the rising population in these countries.
Some of the key players in global Agricultural Machinery market include Iseki, AGCO Group, AGROSTROJ, Pelhrimov a.s, Boneng Transmission Co., CLAAS, CNH Industrial, Hubei Machinery and Equipment, John Deere, Krone Group, Kubota Corp, Kuhn Group, Kverneland Group, Mahindra Group, Same Deutz-Fahr Group, Tractors and Farm Equipment, and Weifang Euroking Machinery
Products Covered:
- Agricultural sprays
- Agriculture and forestry tractors
- Cultivation machinery
- Fodder and straw balers
- Harvesting machinery
- Hay and lawn mowers
- Milking machines
- Planting and fertilizing machinery
- Poultry-keeping machinery
- Power tiller
- Rotavator
- Threshing machinery
- Other Products
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Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
Company Profiling
8.1 Iseki
8.2 AGCO Group
8.3 AGROSTROJ Pelhrimov a.s
8.4 Boneng Transmission Co.
8.5 CLAAS
8.6 CNH Industrial
8.7 Hubei Machinery and Equipment
8.8 John Deere
8.9 Krone Group
8.10 Kubota Corp
8.11 Kuhn Group
8.12 Kverneland Group
8.13 Mahindra Group
8.14 Same Deutz-Fahr Group
8.15 Tractors and Farm Equipment
8.16 Weifang Euroking Machinery
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ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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