Growing demand for food grains worldwide and rising food demand are factors fueling increasing demand for rental farm equipment Farm Equipment Rental Market Size -
The global farm equipment rental market size is expected to reach
In addition, rapid technological advancements in enhancing engine efficiency of vehicles and equipment used in agriculture and increasing tractor horsepower capacity are factors also influencing market growth.
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Over the past years, a significant rise in the number of startups offering different farm equipment rental services has been observed. The rental services of farm equipment offer cost-saving advantages to end-users. Moreover, they also help to transform agriculture through mechanization. These factors are further supporting market growth.
Some key findings from the report*In
*Tractors accounted for highest revenue share in the farm equipment rental market in 2020, and is expected to maintain dominance over other machinery segments over the forecast period. This growth is attributable to rising demand for tractors with high horse-power, ranging above 40 HP, such as row crop tractors and utility tractors from various developed countries in
*High range of power output offers farmers 4WD and 2WD drive types, making vehicles more feasible for farmers with large and small holdings to utilize more efficiently. Various developing countries with matured agricultural economies can easily work with this range of power output, along with increasing the level of mechanization at farms.
*Rising demand for mechanization in farming and rising number of medium-scale farmers are augmenting demand for hiring tractor in African countries, especially in south of the Sahara.
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*Major players in the farm equipment rental market include
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For the purpose of this report, Reports and Data has segmented the global farm equipment rental market on the basis of equipment type, power output, drive, and region:
Equipment Type Outlook (Revenue, USD Billion, 2018 - 2028)*Tractors *Harvesters *Balers *Sprayers *Other equipment types
Power Output Outlook (Revenue, USD Billion, 2018 - 2028)*31-70 HP *71-130 HP *131-250 HP *>250 HP
Drive Outlook (Revenue, USD Billion, 2018 - 2028)*Two-wheel drive *Four-wheel drive
Regional Outlook (Revenue, USD Billion, 2018 - 2028)*
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Table Of Content:
Chapter 1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Stakeholders
Chapter 2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown Of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations Of The Study
Chapter 3 Executive Summaries
Chapter 4 Premium Insights
4.1 Opportunities In The Global Market
4.2 Market,
4.3
4.4 Market,
4.5 Market: Major Regional Submarkets
....
Chapter 11 Competitive Landscape
11.1 Overview
11.2 Competitive Leadership Mapping
11.2.1 Visionary Leaders
11.2.2 Dynamic Differentiators
11.2.3 Innovators
11.2.4 Emerging Companies
11.3 Market Share Analysis, 2019
11.4 Competitive Scenario
11.4.1 Acquisitions
11.4.2 Expansions & Investments
11.4.3 New Product Launches
11.4.4 Agreements & Collaborations
Chapter 12 Company Profiles
12.1
12.2
12.3
12.4
12.5 Mahindra & Mahindra
12.6 Jcb
12.7
12.8
12.9
12.10 Premier Equipment Rentals
12.11
12.12
12.13
12.14 Farmease
12.15
12.16
12.17
12.18
12.19
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