The global powered agriculture equipment market is expected to reach a market size of USD 136.55 Billion at a steady CAGR of 6.6% in 2028, according to latest analysis by Emergen Research. The report offers in-depth research and assessment of the key elements of the global Powered Agriculture Equipment market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Powered Agriculture Equipment market. The powered agriculture equipment market in Asia Pacific is expected to register a rapid revenue growth rate during the forecast period. This high revenue growth rate can be attributed to rising need to enhance agricultural productivity and crop yield, rapidly growing population in countries in the region, and increasing deployment of more advanced equipment and machinery in the agriculture sector. 

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The researchers have considered all the factors influencing the growth of the Powered Agriculture Equipment market on the global and regional scale. The report discusses in detail the overall impact of the COVID-19 pandemic on the Powered Agriculture Equipment market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market. The report considers the COVID-19 pandemic as one of the key influencing factors of the Powered Agriculture Equipment market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market.

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Emergen Research has segmented the global Powered Agriculture Equipment market on the basis of type, next generation equipment :

• Type Outlook (Revenue, USD Billion; 2021–2028)
  • Seed Drill
  • Soil Preparation & Cultivation Equipment
• Next Generation Equipment Outlook (Revenue, USD Billion; 2021–2028)
  • Agricultural Unmanned Aerial Vehicles or Agricultural Drones
  • Driverless Tractors

The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Powered Agriculture Equipment market. Key players in the market include AGCO Corporation, John Deere & Co., Mahindra & Mahindra Limited, CNH Industrial N.V., Kubota Corporation, CLAAS, Alamo Group Inc., Escorts Group, Iseki & Co., Ltd. and SDF S.P.A.

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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