Extremely volatile operating conditions have characterised the Agricultural Machinery Manufacturing industry over the past five years. Downstream agricultural markets have struggled due to unstable commodity prices, weather conditions, production volumes and exchange rates. These trends have limited the capacity for these markets to invest in new capital equipment such as cultivators, seeders and harvesters. Industry revenue is expected to rise at a compound annual 2.2% over the five years through 2014-15, but a very low base year has inflated this growth rate.
Companies in the industry primarily manufacture agricultural machinery, equipment and specialised parts. This machinery includes tractors, lawnmowers, planting and harvesting equipment. Firms that mainly repair agricultural equipment and machinery are excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.