CHICAGO, Feb. 9, 2023 /PRNewswire/ — According to Arizton’s latest research report, the UK agricultural equipment market will grow at a CAGR of 3.6% from 2022 to 2028. Technological advances in agricultural equipment technology, shortage of agricultural laborers, use of energy-efficient agricultural equipment, and use of non-conventional fuels in tractors are key trends in the market.
The UK government is working on measures to double the quantity and revenue from agricultural product exports by 2025 with the slow growth of agricultural export share. The government identifies regions according to their current production of export foods and their potential to increase production with the help of new institutional reforms. The emphasis on export-centric production and revenue incentives by exporting large, high-quality products will boost the sale of new agricultural equipment.
UK Agricultural Equipment Market Report Scope
|
Report Attributes |
Details |
|
Market Size (2028) |
35,796 Units |
|
Market Size (2022) |
28,970 Units |
|
CAGR (2022-2028) |
3.6 % |
|
Historic Year |
2020-2021 |
|
Base Year |
2022 |
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Forecast Year |
2023-2028 |
|
Market Segmentation |
Equipment Type and Application Type |
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Largest Segment by Equipment Type |
Tractors |
|
Largest Segment by Application Type |
Post Harvesting |
|
Key Leading Vendors |
John Deere, CNH Industrial, AGCO, Kubota, SDFJCB, CLAAS, TAFE, Foton Motor, ISEKI & Co., Ltd., Yanmar, and Arbos Group |
|
Page Number |
172 |
|
Market Dynamics |
· Assistance to Farmers through Loans & Subsidies · Increased Agricultural Productivity & Exports · Increased Farm Mechanization |
|
Customization Available |
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Recent Developments in the UK Agriculture Equipment Market:
- In March 2022, John Deere launched the new electric variable transmission (EVT) for select 8 Series Tractors and a new JD14X engine for 9 Series.
- Massey Ferguson launched the MF 6S series tractors in February 2022. This machine provides up to 180 HP with advanced technology.
- In March 2021, CNH Industrial partnered with Monarch Tractors, a US-based agri-technology company, to improve long-term sustainability and raise awareness of the importance of zero-emission agriculture among farmers.
- Massey Ferguson launched the MF 8S series tractors in July 2020. A guard-u install engine and a neo-retro design distinguish this series of tractors. These tractors are designed to advance smart farming technologies.
Boost in Farm Innovation Paving the Way Towards UK Agriculture Equipment Market
More than $19.9 million in funding for research and development in farming
In August 2022, the UK government announced Artificial Intelligence technology through research and development projects to optimize welfare in pigs and agri-robots to help boost vegetable harvests and automation increase in fruit crop yields objectives to receive funding through the Farming Innovation Program. The Farming Innovation Program aims to spark new ideas and collaboration across the sector to address long-term challenges in producing nutritious food more efficiently while helping the sector reduce greenhouse gas emissions to achieve net zero goals. These initiatives will boost the demand for innovative agricultural equipment in the country.
Why Should You Buy This Report?
This report is among the few in the market that offer outlook and opportunity analyses forecast in terms of:
- Market Size & Forecast Volume (Units) 2020–2028
- Segmentation by Equipment Type
- Segmentation by Application Type
- Major current and upcoming projects and investments.
- Competitive intelligence about the economic scenario, advantages in the UK, industry dynamics, and market shares.
- Latest and innovative technologies.
- Import and export analysis.
- COVID-19 impact analysis of the industry.
- Company profiles of major and other prominent vendors.
- Industry shares of major vendors.
Key Vendors
- John Deere
- CNH Industrial
- AGCO
- Kubota
- SDF
- JCB
- CLAAS
- TAFE
- Foton Motor
- ISEKI & Co., Ltd.
- Yanmar
- Arbos Group
Market Segmentation
Equipment Type
- Tractors (Horsepower and Wheel-Drive)
- Planting Equipment (Seeder, Planter, and Transplanter)
- Tillage Equipment (Plough, Harrow, and Tiller)
- Sprayer
- Harvesting Equipment (Combine Harvester and Self-Propelled Forages)
- Mowing Equipment (Mower and Windrower)
- Others (Loaders and Balers)
Application Type
- Land Development and Seed Bed Preparation
- Sowing and Planting
- Plant Protection
- Harvesting and Threshing
- Post Harvesting
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Table of Content
1RESEARCH METHODOLOGY
2RESEARCH OBJECTIVES
3RESEARCH PROCESS
4SCOPE & COVERAGE
4.1MARKET DEFINITION
4.1.1INCLUSIONS
4.1.2EXCLUSIONS
4.1.3MARKET ESTIMATION CAVEATS
4.2BASE YEAR
4.3SCOPE OF THE STUDY
5REPORT ASSUMPTIONS & CAVEATS
5.1KEY CAVEATS
5.2CURRENCY CONVERSION
5.3MARKET DERIVATION
6MARKET AT A GLANCE
7PREMIUM INSIGHTS
8INTRODUCTION
8.1OVERVIEW
8.2VALUE CHAIN ANALYSIS
8.2.1OVERVIEW
8.2.2RAW MATERIAL & COMPONENT SUPPLIERS
8.2.3MANUFACTURERS
8.2.4DEALERS/DISTRIBUTORS
8.2.5RETAILERS
8.2.6END-USERS
8.3BREXIT IMPACT ON UK AGRICULTURAL INDUSTRY
8.4BOOST IN FARMING INNOVATION
8.5AGRICULTURAL LAND-HOLDING STRUCTURES
8.6COMMON AGRICULTURAL POLICY & THE EUROPEAN UNION AGRICULTURAL EXPENDITURE
8.7IMPORT & EXPORT ANALYSIS
8.8TECHNOLOGICAL ADVANCES
9MARKET OPPORTUNITIES & TRENDS
9.1TECHNOLOGICAL ADVANCES IN AGRICULTURAL EQUIPMENT TECHNOLOGY
9.1.1SWATH CONTROL AND VARIABLE RATE TECHNOLOGY
9.1.2HIGH DEMAND FOR AUTONOMOUS EQUIPMENT
9.2SHORTAGE OF AGRICULTURAL LABORERS
9.3USE OF ENERGY-EFFICIENT AGRI EQUIPMENT
9.4USE OF NON-CONVENTIONAL FUELS IN TRACTORS
10MARKET GROWTH ENABLERS
10.1ASSISTANCE FOR FARMERS THROUGH LOANS & SUBSIDIES
10.2INCREASED AGRICULTURAL PRODUCTIVITY & EXPORTS
10.2.1AGRICULTURAL EXPORTS
10.3INCREASED FARM MECHANIZATION
11MARKET RESTRAINTS
11.1LACK OF AWARENESS OF LATEST INNOVATIONS IN AGRICULTURAL EQUIPMENT
11.1.1LACK OF EDUCATION AMONG FARMERS IN THE UK
11.2HIGH DEMAND FOR USED & RENTAL AGRI EQUIPMENT
11.3FLUCTUATIONS IN COMMODITY PRICES
12MARKET LANDSCAPE
12.1MARKET OVERVIEW
12.2MARKET SIZE & FORECAST
12.3FIVE FORCES ANALYSIS
12.3.1THREAT OF NEW ENTRANTS
12.3.2BARGAINING POWER OF SUPPLIERS
12.3.3BARGAINING POWER OF BUYERS
12.3.4THREAT OF SUBSTITUTES
12.3.5COMPETITIVE RIVALRY
13EQUIPMENT TYPE
13.1MARKET SNAPSHOT & GROWTH ENGINE
13.2MARKET OVERVIEW
13.3TRACTORS
13.3.1MARKET OVERVIEW
13.3.2TRACTOR REGULATIONS & REQUIREMENTS
13.3.3MARKET SIZE & FORECAST
13.3.4HORSEPOWER: MARKET SIZE AND FORECAST
13.3.5WHEEL-DRIVE: MARKET SIZE AND FORECAST
13.4PLANTING EQUIPMENT
13.4.1MARKET SNAPSHOT & GROWTH ENGINE
13.4.2MARKET OVERVIEW
13.4.3MARKET SIZE & FORECAST
13.4.4SEEDER: MARKET SIZE & FORECAST
13.4.5PLANTER: MARKET SIZE & FORECAST
13.4.6TRANSPLANTER: MARKET SIZE & FORECAST
13.5TILLAGE EQUIPMENT
13.5.1MARKET SNAPSHOT & GROWTH ENGINE
13.5.2MARKET OVERVIEW
13.5.3MARKET SIZE & FORECAST
13.5.4PLOUGH: MARKET SIZE & FORECAST
13.5.5HARROW: MARKET SIZE & FORECAST
13.5.6TILLER: MARKET SIZE & FORECAST
13.6HARVESTING EQUIPMENT
13.6.1MARKET SNAPSHOT & GROWTH ENGINE
13.6.2MARKET OVERVIEW
13.6.3MARKET SIZE & FORECAST
13.6.4COMBINE HARVESTER: MARKET SIZE & FORECAST
13.6.5SELF-PROPELLED FORAGE: MARKET SIZE & FORECAST
13.7MOWING EQUIPMENT
13.7.1MARKET SNAPSHOT & GROWTH ENGINE
13.7.2MARKET OVERVIEW
13.7.3MARKET SIZE & FORECAST
13.7.4MOWER: MARKET SIZE & FORECAST
13.7.5WINDROWER: MARKET SIZE & FORECAST
13.8SPRAYER
13.8.1MARKET OVERVIEW
13.8.2MARKET SIZE & FORECAST
13.9OTHER EQUIPMENT
13.9.1MARKET SNAPSHOT & GROWTH ENGINE
13.9.2MARKET OVERVIEW
13.9.3MARKET SIZE & FORECAST
13.9.4LOADER: MARKET SIZE & FORECAST
13.9.5BALER: MARKET SIZE & FORECAST
14APPLICATION TYPE
14.1MARKET SNAPSHOT & GROWTH ENGINE
14.2MARKET OVERVIEW
14.3LAND DEVELOPMENT AND SEED BED PREPARATION
14.3.1MARKET OVERVIEW
14.3.2MARKET SIZE & FORECAST
14.4SOWING AND PLANTING
14.4.1MARKET OVERVIEW
14.4.2MARKET SIZE & FORECAST
14.5PLANT PROTECTION
14.5.1MARKET OVERVIEW
14.5.2MARKET SIZE & FORECAST
14.6HARVESTING AND THRESHING
14.6.1MARKET OVERVIEW
14.6.2MARKET SIZE & FORECAST
14.7POST HARVESTING
14.7.1MARKET OVERVIEW
14.7.2MARKET SIZE & FORECAST
15COMPETITIVE LANDSCAPE
15.1COMPETITION OVERVIEW
15.1.1TRACTOR REGISTRATION STATISTICS
15.1.2BRAND LOYALTY
15.1.3SALES & EXPORTS
16KEY COMPANY PROFILES
16.1JOHN DEERE
16.1.1BUSINESS OVERVIEW
16.1.2PRODUCT OFFERINGS
16.1.3KEY STRATEGIES
16.1.4KEY STRENGTHS
16.1.5KEY OPPORTUNITIES
16.2CNH INDUSTRIAL
16.3AGCO
16.4KUBOTA
17OTHER PROMINENT VENDORS
17.1SDF
17.1.1BUSINESS OVERVIEW
17.1.2PRODUCT OFFERINGS
17.2JCB
17.3CLAAS
17.4TAFE
17.5FOTON
17.6ISEKI & CO., LTD.
17.7YANMAR
17.8ARBOS GROUP
18REPORT SUMMARY
18.1KEY TAKEAWAYS
18.2STRATEGIC RECOMMENDATIONS
19QUANTITATIVE SUMMARY
19.1MARKET BY EQUIPMENT TYPE
19.2MARKET BY APPLICATION TYPE
20APPENDIX
20.1ABBREVIATIONS
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