Global Pre Harvest Equipment Market, By Type (Primary Tillage Equipment, Secondary Tillage Equipment, Planting Equipment, Irrigation Equipment and Plant Protection Equipment), Application (Agricultural, Experimental), Distribution (O.E.M., After markets) – Industry Trends and Forecast to 2029.
Global Pre Harvest Equipment Market Analysis and Size
Agricultural equipment has become an essential component of modern agricultural practices all over the world. The expansion of the agricultural domain leads to an increase in the global agricultural equipment market.
Data Bridge Market Research analyses that the pre harvest equipment market which was growing at a value of 66.06 billion in 2021 and is expected to reach the value of USD 102.93 billion by 2029, at a CAGR of 5.70% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Global Pre Harvest Equipment Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Primary Tillage Equipment, Secondary Tillage Equipment, Planting Equipment, Irrigation Equipment and Plant Protection Equipment), Application (Agricultural, Experimental), Distribution (O.E.M., After markets)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Yara (Norway), Koch AG & Energy Solutions L.L.C. (U.S.), Coromandel International Limited (India), Agriculture Solutions Inc. (Canada), Hafia Negev technologies LTD (Israel), Sapec Agro S.A. (Portugal), Kugler Company (U.S.), ICL (Israel), Van Iperen International (Netherlands), U.S. AG LLC (U.S.), Levant Power Corporation (U.S.), Honeywell International, Inc. (U.S.), Fujitsu (Japan), ABB (Switzerland), Texas Instruments Inc. (U.S.), S.T. Microelectronics (Switzerland)
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Opportunities
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Market Definition
Pre-harvest refers to the harvesting activities performed on the field before selling crop products in the market. The equipment used for agricultural production and crop growth is known as pre-harvesting equipment. Tillage equipment, irrigation equipment, planting and fertiliser equipment, and other similar items are included in pre-harvest equipment. Farmers must perform pre-harvest equipment operational checks in order to increase productivity and profitability.
Global Pre Harvest Equipment Market Dynamics
Drivers
- Growing need for higher crop yields due to rise in global population
The increase in demand for food production due to population growth is expected to boost the market for pre-harvest equipment. Farmers' increasing demand for advanced technology equipment to reduce labour costs associated with harvesting is expected to boost the growth of pre-harvest equipment. The increased profitability and productivity caused by the use of modern farm equipment has created a demand for farm pre-harvest equipment.
- Implementation of smart harvesting practices to meet rising food demand globally
Rapid population growth is putting pressure on the agricultural sector around the world to increase productivity in order to meet rising food demand. Farmers are increasingly implementing smart harvest technologies such as harvesting robots, automation, control systems, sensors, and imaging systems to increase profitability and output in less time and at a lower cost. The scarcity of arable land is a major factor driving demand for indoor farming activities and the increased use of smart harvesting technologies to reduce labour costs.
Opportunity
Firms in the target industry focuses on business growth through strategies such as advanced product launches, capacity expansion, and heavy production investments in their facilities, which are expected to flourish in the near future as the global harvesting technology market grows. Furthermore, site-specific nutrient management with precision agriculture, increased demand for industrial crops, and investment in agricultural operations in developing countries provide profitable opportunities to market participants.
Restraints
However, in some developing countries, factors such as a lack of awareness of pre-harvest equipment and small and fragmented land are preventing the target market from growing.
This pre harvest equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pre harvest equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Pre Harvest Equipment Market
While global trade was halted due to lockdowns imposed to control the spread of novel coronaviruses, the food and agriculture industries were severely impacted by freight challenges. Most food categories saw sales volume declines due to a lack of demand and supply chain disruptions. Although the agricultural industry's decline as a result of the pandemic has had a negative impact on the market, farming communities are becoming more aware of the emerging smart harvest market. As human interaction had to be limited during the lockdowns, new harvesting technologies that use machines have been developed. Growing awareness, reduced farmer workforce due to urbanisation, and rising global food demand will inevitably drive the market once the pandemic is over.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- The Bosch Group increased its investment in The Yield Technology Solutions, an Australian Internet of Things AgTech company, in May 2020. The new $11 million investment brings the Bosch Group's total investment to $13.3 million.
- Bosch and BASF Digital Farming signed a 50:50 joint venture (J.V.) agreement in November 2020 to market and sell smart farming solutions globally from a single source in the future. Bosch will contribute hardware, software, and digital services, while BASF will provide "an automated, real-time, field specific agronomic decision-making engine for weed management" through its Xarvio Digital Farming Solutions.
Global Pre Harvest Equipment Market Scope
The pre harvest equipment market is segmented on the basis of type, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Primary Tillage Equipment
- Secondary Tillage Equipment
- Planting Equipment
- Irrigation Equipment
- Plant Protection Equipment
Distribution
- O.E.M.
- Aftermarkets
Application
- Agricultural
- Experimental
Pre Harvest Equipment Market Regional Analysis/Insights
The pre harvest equipment market is analysed and market size insights and trends are provided by country, type, application and distribution channel as referenced above.
The countries covered in the pre harvest equipment market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific market accounts for a significant share of the global pre-harvest equipment market in terms of revenue due to large scale agricultural gains and an increasing export scenario in countries such as China, India, and Thailand in the region. Furthermore, agro-climatic conditions and a high proportion of arable and irrigated cropped area in countries like China, India, and Japan are expected to drive growth in the region's target market. Furthermore, economic growth and a significant increase in population size are expected to support the region's target market growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pre Harvest Equipment Market Share Analysis
The pre harvest equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pre harvest equipment market.
Some of the major players operating in the pre harvest equipment market are:
- Yara (Norway)
- Koch AG & Energy Solutions L.L.C. (U.S.)
- Coromandel International Limited (India)
- Agriculture Solutions Inc. (Canada)
- Hafia Negev technologies LTD (Israel)
- Sapec Agro S.A. (Portugal)
- Kugler Company (U.S.)
- ICL (Israel)
- Van Iperen International (Netherlands)
- U.S. AG LLC (U.S.)
- Levant Power Corporation (U.S.)
- Honeywell International, Inc. (U.S.)
- Fujitsu (Japan)
- ABB (Switzerland)
- Texas Instruments Inc. (U.S.)
- S.T. Microelectronics (Switzerland)
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