Market Forecast By Products (Tractors ( Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up To 30 HP & 30.1 HP- 70 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above 200 HP), Power Tillers (Up To 30 HP & 30.1 HP- 70 HP), Rotavators ( Up To 30 HP, 30.1 HP- 70 HP & 70.1 HP- 130 HP And Other Agriculture Equipment) And Competitive Landscape.

According to 6Wresearch, Australia Agriculture Equipment Market size is projected to grow at a CAGR of 5.3% during 2019-25. Government initiatives such as Farm Household Allowance, Rural Financial Counselling Service and Draught Communities program are some of the reasons for the anticipated growth in the Australia agriculture equipment market during the forecast period.

Tractor market is expected to grow at a fastest rate, in terms of volume, amongst all equipment in the Australia agriculture equipment market during the forecast period. Moreover, the 30.1-70 HP category is the major contributor to the volume of tractors, harvesters, threshers and pumps in Australia as the number of farm labour is very less in the country and the young population is moving from agriculture to other occupations due to lesser income in the agriculture sector. Thus, to meet the demand for food, there is a need to increase productivity that can be done through farm mechanisation. However, less than 30 HP is the major shareholder in the market volume of power tillers in 2018 and is expected to maintain its dominance in the forecast period as well.

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Key Highlights of the Report:

Australia Agriculture Equipment Market Overview
Australia Agriculture Equipment Market Outlook
Australia Agriculture Equipment Market Forecast
Australia Agriculture Equipment Market Size
Australia Agriculture Equipment Market Share, by products
Australia Agriculture Equipment Market Forecast of revenues until 2025
Historical Data of Australia Agriculture Equipment Market Revenues and Volume, by products for the Period 2015-2018
Market Size & Forecast of Australia Agriculture Equipment Market Revenues and Volume, by products until 2025

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