Dublin, Oct. 29, 2019 (GLOBE NEWSWIRE) -- The "Agriculture Implements Market in India 2024-2025" report has been added to ResearchAndMarkets.com's offering.

This research report aims to provide detailed analysis on the overall market, a state wise split of the market, market share by different OEMs, market share and size of by capacity rating and provide unparalleled insights on initiatives taken by different states to accelerate growth in the agriculture sector, ground reality on what farmers make of the government support, how it will translate to improved spending on technology absorption and what it will mean for agriculture equipment OEMs.

The report will be delivered through a mix of primary and secondary research and will be an indispensable source of insight and information for companies to future proof their growth plans.

Market Summary

From 56.5% in 1950-51 to ~17% in 2016-17, the share of Agriculture in India's GDP has been on a continuous decline. The reversal of this decline, will be critical to ensuring India's GDP consistently grows at over 8% in the times to come. Agriculture plays a vital role in India's economy.

Over 58 per cent of rural households depend on agriculture as their principal means of livelihood. The government has realized that to catapult India into 8% GDP growth trajectory, will only be possible if all the three sectors i.e. Agriculture and Allied, Industry and Services, grows in tandem from strength to strength.

As per Niti Aayog CEO, Amitabh Kant, India cannot achieve 9-10 per cent GDP growth without revolution in the farm sector. India's farm yields need to improve and hence the entire farm and agriculture ecosystem, needs a revival steroid; Crop yields in India are still just 30% to 60% of the best sustainable crop yields achievable in the farms of developed and other developing countries; and poor infrastructure and unorganized retail means India has one of the world's highest levels of post-harvest food loss.

The mere waiver of outstanding farm loans may not be sufficient and the Government will have to work on the underlying deficiency in the farm sector and this can be done through, augmenting irrigation facility, efficient supply chain for consumption of produce and supply of fertilizer and seeds, cheaper credit facility, crop insurance, regular revision of MSP, mechanization etc.

Farm mechanization in India is 40 percent compared to 95 percent in the US and Western Europe, 80 percent in Russia, 75 percent in Brazil and 48 percent in China and hence is a gap which will have to be filled for infusing growth momentum in the sector. Mechanisation can result in savings of 15-20 percent in seed and fertilizer consumption, savings in time and labour costs and the enhancement of farm productivity.

Mechanisation is concentrated on tillage and seedbed preparation and harvesting. More than 50 percent harvesting of wheat and rice is mechanized and harvesting of the rest of the crops with machines is less than five percent. In tillage, old types of equipment such as cultivator and disc plough are still used. It is further estimated that the use of proper equipment can increase the crop productivity by up to 30 percent and reduce the cost by about 20 percent.

Farm mechanization will gain momentum in the times to come and this will be enabled through increased subsidy outlay under different schemes of state as well as central government. Mechanization will be infused into the agriculture sector through custom hiring center models to enable efficient community level farming, direct subsidy to farmers for purchase of required farm implements. For the benefit of the farming community especially for marginal & small farmers for whom ownership of implements is difficult, promoting the establishment of more CHCs is essential for the future of the industry.

On the other hand, these centres could play more than the traditional role of renting the machines. These centres can be used as a central hub for promoting the right implement at the right time at the right price for right crop and conditions. Farmer producer organizations (FPOs) can be encouraged to adopt and start their own CHCs for the larger benefits of the farmer community.

Eventually, better infrastructure and technology diffusion are key to improving agricultural production. And the Government will do everything possible to fast track the reform process that will transform and eventually lead to growth in the agriculture sector. Investing in smarter value chains, improving access to credit, technology and markets, insulating farmers from environmental shocks, will create the desired ecosystem. It will be only safe to say the best growth is yet to be seen by these OEMs.

Key Topics Covered

1. Executive Summary

2. Approach & Methodology

3. Agriculture Sector in India
Agriculture contribution to GDP
Trend in Share of Agriculture in India's GDP
Adoption of Technology
Mechanization trend in India's agriculture landscape

4. Agriculture Value Chain to Equipment and Equipment Application Mapping
Land Development, tillage, seed bed preparation
Sowing and Planting
Weeding, inter-cultivation and plant protection
Harvesting and Threshing
Post-Harvest and Agro Processing

5. Key demand drivers for agriculture equipment demand
Credit Support
Contract Farming
Crop Insurance
MSP Hikes
Good Monsoon
Irrigation Infrastructure
Consolidation of Farms
Government subsidy to purchase equipment
Rising Rural Wages

6. Level of Mechanization in Agriculture
Extent of Mechanization vs Manual
Key States
Correlation between farm size, crop produce, MSP with mechanization
Profile of clusters with high mechanization
Profile of clusters with low mechanization
Benchmarking of key agriculture states
Penetration of agri equipment per 1000 hectare of land

7. Overview of India Agricultural Implements Industry
India Agricultural Implements Market
Overview and Genesis
Size of Land Holdings
Status of Farm Mechanization
Irrigated and Non Irrigated Land
other parameters
Value Chain Analysis in Agricultural Implements Market
OEMs
Channel partners
Imports / Export
Prevalent business model
Cost structure
Margins

8. Market Assessment for India Agricultural Implements Industry [FY2012 to FY2019]
Agricultural Implements/Equipment Market Size By Revenues
India Agricultural Implements/Equipment Market Segmentation By Type of Implements
Power Tiller
Rotavator
Rice Transplanter
Transplanter
Irrigation systems
Weeder
Brush Cutter
Mist Blower
Reaper
Thresher
Harvester

9. Rotavator Market in India: 2019 and 2025
India Rotavators Market Size By Sales Volume and Value, FY'2013-FY'2018
India Rotavators Market Segmentation, By Gear Speed (Single Speed, Multispeed and Others) on the basis of Sales Volume and Value, FY'2019, By Width on the basis of Sales Volume, FY'2019, By Type (Blade/Tine) on the basis of Sales Volume, FY'2019
Sales for Rotavator by Top 15 States, FY'2019
Market Share of Major Players in India Rotavators Market on the Basis of Sales Volume/Value
Future Outlook and Projections in India Rotavators Market

10. Power Tiller Market in India: 2019 and 2025
India Power Tillers Market Size By Sales Volume and Value
India Power Tillers Market Segmentation by Horsepower
Sales for Power Tillers by Top 15 States
Market Share of Major Players in India Pof Sales Volume/Valueower Tillers Market on the Basis
Future Outlook and Projections in India Power Tillers Market

11. Chain Saw Market in India: 2019 and 2025
India Chain Saw Market Size By Sales Volume and Value
India Chain Saw Market Segmentation by Working Width (Less than 2m, 2- 3m, 3-4m, 4-5m and above 5m)
Sales for Chain Saw by Top 15 States
Market Share of Major Players in India Chain Saw Market on the Basis of Sales Volume/Value
Future Outlook and Projections in India Chain Saw Market

12. Agricultural Sprayer in India: 2019 and 2025
India Agricultural Sprayer Market Size By Sales Volume and Value
India Agricultural Sprayer Market Segmentation by Manual and Power Sprayer
Sales for Agricultural Sprayer by Top 15 States
the Basis of Sales Volume/ValueMarket Share of Major Players in India Agricultural Sprayer Market on
Future Outlook and Projections in India Agricultural Sprayer Market

13. Power Weeder Market in India: 2019 and 2025
India Weeder Market Size By Sales Volume and Value
Sales for Weeder by Top 15 States
Market Share of Major Players in India Weeder Market on the Basis of Sales Volume/Value
Future Outlook and Projections in India Weeder Market

14. Brush Cutter Market in India: 2019 and 2025
India Brush Cutter Market Size By Sales Volume and Value
Sales for Brush Cutter by Top 15 States
Market Share of Major Players in India Brush Cutter Market on the Basis of Sales Volume/Value
Future Outlook and Projections in India Brush Cutter Market

15. Reaper Market in India: 2019 and 2025
India Reaper Market Size By Sales Volume and Value
India Reaper Market Segmentation by Rows
Sales for Reaper by Top 15 States
Sales Volume/ValueMarket Share of Major Players in India Reaper Market on the Basis of
Future Outlook and Projections in India Reaper Market

16. Thresher Market in India: 2019 and 2025
India Thresher Market Size By Sales Volume and Value
Sales for Thresher by Top 15 States
Volume/ValueMarket Share of Major Players in India Thresher Market on the Basis of Sales
Future Outlook and Projections in India Thresher Market

17. Harvester Market in India: 2019 and 2025
India Harvester Market Size By Sales Volume and Value
India Harvester Market Segmentation by Wheel Type and Track Type
Sales for Harvester by Top 15 States
Sales Volume/ValueMarket Share of Major Players in India Harvester Market
Future Outlook and Projections in India Harvester Market

18. Issues and Challenges

19. Competitive Landscape
Competition Landscape of Major Players in India Agricultural Implements Market
Company Profiles for Major Players in India Agricultural Implements Market

20. Recommendations
Segment to focus on
Innovative business model
Tweak in S&D
Solution and not standalone product approach

For more information about this report visit https://www.researchandmarkets.com/r/d2i3g5

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