Content of the study:
The agricultural equipment market - Italy

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MARKET OVERVIEW

1.1 Definition and presentation

Agricultural machinery and equipment gradually appeared at the end of the9THcentury as a result of the agricultural revolution in Francecharacterized by thereplacement of animal traction with motorized traction to modernizethe agricultural system. The term characterizes all machines and equipment used in agriculture (tractors, combine harvesters, etc.) that aim to increase agricultural productivity. Agricultural machinery can be used for a variety of purposes, such as:

  • Tractions
  • Soil working
  • Planting
  • Harvesting
  • Raising livestock

The global market for agricultural machinery and equipment is expanding rapidly because of increased demand for food due to population growth. The market is expected to reach a value of nearly $200 billion by 2026. In addition, this market is greatly affected by the decrease in arable land, a phenomenon that is a major source of concern for farmers who therefore aim to maximize their productivity, which is facilitated by agricultural equipment and machinery.

Despite the fact that in 2020 the economy was characterized by a considerable downturn due to the spread of the Covid-19 pandemic, the same cannot be said with regard to the agricultural sector, which has instead been rediscovered as the driving organ of the Italian economy during such a period of crisis. Therefore, the agricultural machinery market has not suffered particularly large losses such as to limit the steady growth by which this market has been characterized in recent years.

As of the2021, the agricultural machinery market has undergone a real explosion, presenting high growth rates particularly with regard to tractor machines, telehandlers and heavy tractors. Of particular relevance to fully understand the strong expansion of this market is the new system of tax incentives granted by the Italian state together with the Sabatini law, in line with the Rural Development Program (RDP), which is seen as a great opportunity for the advancement and development of the agricultural sector.

DEMAND ANALYSIS

MARKET STRUCTURE

SUPPLY ANALYSIS

REGULATIONS

POSITIONING OF ACTORS

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Reviews (4)

Reviews (4)

The ship repair market - France

Publicado en 07/11/2022 by Tymothee Levaillant

Excellent très bien présenté et renseigné.

The market for automatic cash registers - France

Publicado en 11/01/2022 by Malcolm Vincent

Interesting estimate of a fast-growing market mainly centered on mass retailing and specialized distribution, whose development is however slowed down by social problems linked to the disappearance of cashiers. Consumer behavior in front of these automatic checkouts and product typology well analyzed


Businesscoot Response:

Hello Malcolm, Thank you very much for this very positive review! We are delighted that you are enjoying our studies and we thank you for your trust in us.

The bodywork market - France

Publicado en 25/02/2021 by Lengele

Saves time on researching reliable statistics


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Hello, Thank you for your feedback which helps us to improve the quality of our studies.

The Glass Fiber Market - France

Publicado en 11/02/2021 by Marc-Henri Mignon - Insights & Synergies Conseils

An interesting price-quality ratio to enter a new market


Businesscoot Response:

Hello Marc-Henri, Thank you for your feedback which helps us to improve the quality of our studies.

Customer cases and references

Customer cases and references
La pépite Interview
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BFM Business

La pépite Interview

Paul-Alexis Kebabtchieff
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Boston Consulting Group

Paul-Alexis Kebabtchieff

Marie Guibart
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Kea Partners

Marie Guibart

Elaine, Durand
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Crédit Agricole, Information & Veille

Elaine, Durand

Philippe Dilasser
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Initiative & Finance

Philippe Dilasser

Anne Baudry
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Metro

Anne Baudry

Amaury Wernert
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Kroll (Duff & Phelps)

Amaury Wernert

Smart Leaders Interview
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B-Smart

Smart Leaders Interview