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Farm Equipment Rental Market

Farm Equipment Rental - Global Market Outlook (2018-2027)

4.1 (20 reviews)
Published: May 2020 ID: SMRC19195
4.1 (20 reviews)
Published: May 2020 ID: SMRC19195

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Farm Equipment Rental Market is accounted for $39.68 billion in 2018 and is expected to reach $83.38 billion by 2027 growing at a CAGR of 8.6% during the forecast period. Some of the key factors propelling the market growth include rise in the global population, growing government subsidies for farming equipment, shortage of skilled labor, increasing mechanization trends and rising demand for food grain products. However, low level of awareness among farmers is restricting the market growth.

Farm equipment such as farming implements are not used frequently in farm operations, and only have a limited requirement in each farming season and remain idle during the rest of the year. This increases the need for providing farm equipment on rent for only certain times of the year, this factor has encouraged many start-up companies to enter the global farm equipment rental business.

By drive, the two-wheel-drive tractors are primarily used for farming in dry soil conditions, and also for transporting the field produce. These tractors are efficient and easy to use without much energy consumption. They facilitate farmers with smaller turning cycles, to access corners or smaller areas, and easy usability. These are also cheaper than the robust 4WD tractors, which makes them perfect for the use of smallholding or family farmers. As they are used in smaller areas of land, their demand is higher in the developing regions such as Asia, Africa, and the Middle East, where majority cultivation practices are undertaken by small farmers. 

Based on the geography, Asia Pacific region is expected to have considerable market growth during the forecast period. Farmers in the Asia Pacific region are increasingly producing rice and crops such as palm and cotton. Further, a shift from the adoption of labor-intensive farming techniques to advanced technological equipment in the agricultural sector across the Asia Pacific countries has led to increasing demand for tractor and various farming equipment such as harvester and spraying and threshing equipment for the renting purpose. Investments in various agriculture machinery have also led to increased crop production, particularly in developing countries such as India, China, Vietnam, and Thailand.

Some of the key players in farm equipment rental market include Premier Equipment Rentals, Tractors & Farm Equipments Ltd., Cnh Industrial, Em3 Agri-Services Ltd., Agco Corporation, Mahindra & Mahindra, Jcb, Escorts Ltd., Friesen Sales & Rentals, Pape Group Inc., John Deere, Flaman Group of Companies Ltd., Pacific AG Rentals LLC, Pacific Tractor & Implement Ltd, Farmease, Kwipped, Inc, Cedar Streets Sales & Rentals Inc., Kubota Corporation, and German Bliss Equipment Inc.
 
Power Outputs Covered:
• 131-250 HP
• 71-130 HP
• 31-70 HP
• <30 HP
• >250 HP

Equipment Types Covered:
• Balers
• Sprayers
• Tractors
• Harvesters
• Haying Equipment
• Planters
• Cultivators
• Other Equipment Types

Drives Covered:
• Four-wheel Drive
• Two-wheel Drive

Applications Covered:
• Forest Farm
• Farm

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary    
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology   
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
     
3 Market Trend Analysis    
 3.1 Introduction   
 3.2 Drivers   
 3.3 Restraints   
 3.4 Opportunities   
 3.5 Threats   
 3.6 Application Analysis   
 3.7 Emerging Markets   
 3.8 Impact of Covid-19   
     
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry   
     
5 Global Farm Equipment Rental Market, By Power Output    
 5.1 Introduction   
 5.2 131-250 HP   
 5.3 71-130 HP   
 5.4 31-70 HP   
 5.5 <30 HP   
 5.6 >250 HP   
     
6 Global Farm Equipment Rental Market, By Equipment Type    

 6.1 Introduction   
 6.2 Balers   
 6.3 Sprayers   
 6.4 Tractors   
 6.5 Harvesters    
 6.6 Haying Equipment   
 6.7 Planters   
 6.8 Cultivators   
 6.9 Other Equipment Types   
     
7 Global Farm Equipment Rental Market, By Drive    
 7.1 Introduction   
 7.2 Four-wheel Drive   
 7.3 Two-wheel Drive   
     
8 Global Farm Equipment Rental Market, By Application    

 8.1 Introduction   
 8.2 Forest Farm   
 8.3 Farm   
     
9 Global Farm Equipment Rental Market, By Geography    

 9.1 Introduction   
 9.2 North America   
  9.2.1 US  
  9.2.2 Canada  
  9.2.3 Mexico   
 9.3 Europe   
  9.3.1 Germany  
  9.3.2 UK  
  9.3.3 Italy  
  9.3.4 France  
  9.3.5 Spain  
  9.3.6 Rest of Europe  
 9.4 Asia Pacific   
  9.4.1 Japan  
  9.4.2 China  
  9.4.3 India  
  9.4.4 Australia  
  9.4.5 New Zealand  
  9.4.6 South Korea  
  9.4.7 Rest of Asia Pacific  
 9.5 South America   
  9.5.1 Argentina  
  9.5.2 Brazil  
  9.5.3 Chile  
  9.5.4 Rest of South America  
 9.6 Middle East & Africa   
  9.6.1 Saudi Arabia  
  9.6.2 UAE  
  9.6.3 Qatar  
  9.6.4 South Africa  
  9.6.5 Rest of Middle East & Africa  
     
10 Key Developments    
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 10.2 Acquisitions & Mergers   
 10.3 New Product Launch   
 10.4 Expansions   
 10.5 Other Key Strategies   
     
11 Company Profiling    
 11.1 Premier Equipment Rentals   
 11.2 Tractors & Farm Equipments Ltd.   
 11.3 Cnh Industrial   
 11.4 Em3 Agri-Services Ltd.   
 11.5 Agco Corporation   
 11.6 Mahindra & Mahindra   
 11.7 Jcb   
 11.8 Escorts Ltd.   
 11.9 Friesen Sales & Rentals   
 11.10 Pape Group Inc.   
 11.11 John Deere   
 11.12 Flaman Group of Companies Ltd.   
 11.11 Pacific AG Rentals LLC   
 11.14 Pacific Tractor & Implement Ltd   
 11.15 Farmease   
 11.16 Kwipped, Inc   
 11.17 Cedar Streets Sales & Rentals Inc.   
 11.18 Kubota Corporation   
 11.19 German Bliss Equipment Inc.  


List of Tables     
1 Global Farm Equipment Rental Market Outlook, By Region (2017-2027) ($MN)    
2 Global Farm Equipment Rental Market Outlook, By Power Output (2017-2027) ($MN)    
3 Global Farm Equipment Rental Market Outlook, By 131-250 HP (2017-2027) ($MN)    
4 Global Farm Equipment Rental Market Outlook, By 71-130 HP (2017-2027) ($MN)    
5 Global Farm Equipment Rental Market Outlook, By 31-70 HP (2017-2027) ($MN)    
6 Global Farm Equipment Rental Market Outlook, By <30 HP (2017-2027) ($MN)    
7 Global Farm Equipment Rental Market Outlook, By >250 HP (2017-2027) ($MN)    
8 Global Farm Equipment Rental Market Outlook, By Equipment Type (2017-2027) ($MN)    
9 Global Farm Equipment Rental Market Outlook, By Balers (2017-2027) ($MN)    
10 Global Farm Equipment Rental Market Outlook, By Sprayers (2017-2027) ($MN)    
11 Global Farm Equipment Rental Market Outlook, By Tractors (2017-2027) ($MN)    
12 Global Farm Equipment Rental Market Outlook, By Harvesters (2017-2027) ($MN)    
13 Global Farm Equipment Rental Market Outlook, By Haying Equipment (2017-2027) ($MN)    
14 Global Farm Equipment Rental Market Outlook, By Planters (2017-2027) ($MN)    
15 Global Farm Equipment Rental Market Outlook, By Cultivators (2017-2027) ($MN)    
16 Global Farm Equipment Rental Market Outlook, By Other Equipment Types (2017-2027) ($MN)    
17 Global Farm Equipment Rental Market Outlook, By Drive (2017-2027) ($MN)    
18 Global Farm Equipment Rental Market Outlook, By Four-wheel Drive (2017-2027) ($MN)    
19 Global Farm Equipment Rental Market Outlook, By Two-wheel Drive (2017-2027) ($MN)    
20 Global Farm Equipment Rental Market Outlook, By Application (2017-2027) ($MN)    
21 Global Farm Equipment Rental Market Outlook, By Forest Farm (2017-2027) ($MN)    
22 Global Farm Equipment Rental Market Outlook, By Farm (2017-2027) ($MN)    
23 North America Farm Equipment Rental Market Outlook, By Country (2017-2027) ($MN)    
24 North America Farm Equipment Rental Market Outlook, By Power Output (2017-2027) ($MN)    
25 North America Farm Equipment Rental Market Outlook, By 131-250 HP (2017-2027) ($MN)    
26 North America Farm Equipment Rental Market Outlook, By 71-130 HP (2017-2027) ($MN)    
27 North America Farm Equipment Rental Market Outlook, By 31-70 HP (2017-2027) ($MN)    
28 North America Farm Equipment Rental Market Outlook, By <30 HP (2017-2027) ($MN)    
29 North America Farm Equipment Rental Market Outlook, By >250 HP (2017-2027) ($MN)    
30 North America Farm Equipment Rental Market Outlook, By Equipment Type (2017-2027) ($MN)    
31 North America Farm Equipment Rental Market Outlook, By Balers (2017-2027) ($MN)    
32 North America Farm Equipment Rental Market Outlook, By Sprayers (2017-2027) ($MN)    
33 North America Farm Equipment Rental Market Outlook, By Tractors (2017-2027) ($MN)    
34 North America Farm Equipment Rental Market Outlook, By Harvesters (2017-2027) ($MN)    
35 North America Farm Equipment Rental Market Outlook, By Haying Equipment (2017-2027) ($MN)    
36 North America Farm Equipment Rental Market Outlook, By Planters (2017-2027) ($MN)    
37 North America Farm Equipment Rental Market Outlook, By Cultivators (2017-2027) ($MN)    
38 North America Farm Equipment Rental Market Outlook, By Other Equipment Types (2017-2027) ($MN)    
39 North America Farm Equipment Rental Market Outlook, By Drive (2017-2027) ($MN)    
40 North America Farm Equipment Rental Market Outlook, By Four-wheel Drive (2017-2027) ($MN)    
41 North America Farm Equipment Rental Market Outlook, By Two-wheel Drive (2017-2027) ($MN)    
42 North America Farm Equipment Rental Market Outlook, By Application (2017-2027) ($MN)    
43 North America Farm Equipment Rental Market Outlook, By Forest Farm (2017-2027) ($MN)    
44 North America Farm Equipment Rental Market Outlook, By Farm (2017-2027) ($MN)    
45 Europe Farm Equipment Rental Market Outlook, By Country (2017-2027) ($MN)    
46 Europe Farm Equipment Rental Market Outlook, By Power Output (2017-2027) ($MN)    
47 Europe Farm Equipment Rental Market Outlook, By 131-250 HP (2017-2027) ($MN)    
48 Europe Farm Equipment Rental Market Outlook, By 71-130 HP (2017-2027) ($MN)    
49 Europe Farm Equipment Rental Market Outlook, By 31-70 HP (2017-2027) ($MN)    
50 Europe Farm Equipment Rental Market Outlook, By <30 HP (2017-2027) ($MN)    
51 Europe Farm Equipment Rental Market Outlook, By >250 HP (2017-2027) ($MN)    
52 Europe Farm Equipment Rental Market Outlook, By Equipment Type (2017-2027) ($MN)    
53 Europe Farm Equipment Rental Market Outlook, By Balers (2017-2027) ($MN)    
54 Europe Farm Equipment Rental Market Outlook, By Sprayers (2017-2027) ($MN)    
55 Europe Farm Equipment Rental Market Outlook, By Tractors (2017-2027) ($MN)    
56 Europe Farm Equipment Rental Market Outlook, By Harvesters (2017-2027) ($MN)    
57 Europe Farm Equipment Rental Market Outlook, By Haying Equipment (2017-2027) ($MN)    
58 Europe Farm Equipment Rental Market Outlook, By Planters (2017-2027) ($MN)    
59 Europe Farm Equipment Rental Market Outlook, By Cultivators (2017-2027) ($MN)    
60 Europe Farm Equipment Rental Market Outlook, By Other Equipment Types (2017-2027) ($MN)    
61 Europe Farm Equipment Rental Market Outlook, By Drive (2017-2027) ($MN)    
62 Europe Farm Equipment Rental Market Outlook, By Four-wheel Drive (2017-2027) ($MN)    
63 Europe Farm Equipment Rental Market Outlook, By Two-wheel Drive (2017-2027) ($MN)    
64 Europe Farm Equipment Rental Market Outlook, By Application (2017-2027) ($MN)    
65 Europe Farm Equipment Rental Market Outlook, By Forest Farm (2017-2027) ($MN)    
66 Europe Farm Equipment Rental Market Outlook, By Farm (2017-2027) ($MN)    
67 Asia Pacific Farm Equipment Rental Market Outlook, By Country (2017-2027) ($MN)    
68 Asia Pacific Farm Equipment Rental Market Outlook, By Power Output (2017-2027) ($MN)    
69 Asia Pacific Farm Equipment Rental Market Outlook, By 131-250 HP (2017-2027) ($MN)    
70 Asia Pacific Farm Equipment Rental Market Outlook, By 71-130 HP (2017-2027) ($MN)    
71 Asia Pacific Farm Equipment Rental Market Outlook, By 31-70 HP (2017-2027) ($MN)    
72 Asia Pacific Farm Equipment Rental Market Outlook, By <30 HP (2017-2027) ($MN)    
73 Asia Pacific Farm Equipment Rental Market Outlook, By >250 HP (2017-2027) ($MN)    
74 Asia Pacific Farm Equipment Rental Market Outlook, By Equipment Type (2017-2027) ($MN)    
75 Asia Pacific Farm Equipment Rental Market Outlook, By Balers (2017-2027) ($MN)    
76 Asia Pacific Farm Equipment Rental Market Outlook, By Sprayers (2017-2027) ($MN)    
77 Asia Pacific Farm Equipment Rental Market Outlook, By Tractors (2017-2027) ($MN)    
78 Asia Pacific Farm Equipment Rental Market Outlook, By Harvesters (2017-2027) ($MN)    
79 Asia Pacific Farm Equipment Rental Market Outlook, By Haying Equipment (2017-2027) ($MN)    
80 Asia Pacific Farm Equipment Rental Market Outlook, By Planters (2017-2027) ($MN)    
81 Asia Pacific Farm Equipment Rental Market Outlook, By Cultivators (2017-2027) ($MN)    
82 Asia Pacific Farm Equipment Rental Market Outlook, By Other Equipment Types (2017-2027) ($MN)    
83 Asia Pacific Farm Equipment Rental Market Outlook, By Drive (2017-2027) ($MN)    
84 Asia Pacific Farm Equipment Rental Market Outlook, By Four-wheel Drive (2017-2027) ($MN)    
85 Asia Pacific Farm Equipment Rental Market Outlook, By Two-wheel Drive (2017-2027) ($MN)    
86 Asia Pacific Farm Equipment Rental Market Outlook, By Application (2017-2027) ($MN)    
87 Asia Pacific Farm Equipment Rental Market Outlook, By Forest Farm (2017-2027) ($MN)    
88 Asia Pacific Farm Equipment Rental Market Outlook, By Farm (2017-2027) ($MN)    
89 South America Farm Equipment Rental Market Outlook, By Country (2017-2027) ($MN)    
90 South America Farm Equipment Rental Market Outlook, By Power Output (2017-2027) ($MN)    
91 South America Farm Equipment Rental Market Outlook, By 131-250 HP (2017-2027) ($MN)     
92 South America Farm Equipment Rental Market Outlook, By 71-130 HP (2017-2027) ($MN)    
93 South America Farm Equipment Rental Market Outlook, By 31-70 HP (2017-2027) ($MN)    
94 South America Farm Equipment Rental Market Outlook, By <30 HP (2017-2027) ($MN)    
95 South America Farm Equipment Rental Market Outlook, By >250 HP (2017-2027) ($MN)    
96 South America Farm Equipment Rental Market Outlook, By Equipment Type (2017-2027) ($MN)    
97 South America Farm Equipment Rental Market Outlook, By Balers (2017-2027) ($MN)    
98 South America Farm Equipment Rental Market Outlook, By Sprayers (2017-2027) ($MN)    
99 South America Farm Equipment Rental Market Outlook, By Tractors (2017-2027) ($MN)    
100 South America Farm Equipment Rental Market Outlook, By Harvesters (2017-2027) ($MN)    
101 South America Farm Equipment Rental Market Outlook, By Haying Equipment (2017-2027) ($MN)    
102 South America Farm Equipment Rental Market Outlook, By Planters (2017-2027) ($MN)    
103 South America Farm Equipment Rental Market Outlook, By Cultivators (2017-2027) ($MN)    
104 South America Farm Equipment Rental Market Outlook, By Other Equipment Types (2017-2027) ($MN)    
105 South America Farm Equipment Rental Market Outlook, By Drive (2017-2027) ($MN)    
106 South America Farm Equipment Rental Market Outlook, By Four-wheel Drive (2017-2027) ($MN)    
107 South America Farm Equipment Rental Market Outlook, By Two-wheel Drive (2017-2027) ($MN)    
108 South America Farm Equipment Rental Market Outlook, By Application (2017-2027) ($MN)    
109 South America Farm Equipment Rental Market Outlook, By Forest Farm (2017-2027) ($MN)    
110 South America Farm Equipment Rental Market Outlook, By Farm (2017-2027) ($MN)    
111 Middle East & Africa Farm Equipment Rental Market Outlook, By Country (2017-2027) ($MN)    
112 Middle East & Africa Farm Equipment Rental Market Outlook, By Power Output (2017-2027) ($MN)    
113 Middle East & Africa Farm Equipment Rental Market Outlook, By 131-250 HP (2017-2027) ($MN)    
114 Middle East & Africa Farm Equipment Rental Market Outlook, By 71-130 HP (2017-2027) ($MN)    
115 Middle East & Africa Farm Equipment Rental Market Outlook, By 31-70 HP (2017-2027) ($MN)    
116 Middle East & Africa Farm Equipment Rental Market Outlook, By <30 HP (2017-2027) ($MN)    
117 Middle East & Africa Farm Equipment Rental Market Outlook, By >250 HP (2017-2027) ($MN)    
118 Middle East & Africa Farm Equipment Rental Market Outlook, By Equipment Type (2017-2027) ($MN)    
119 Middle East & Africa Farm Equipment Rental Market Outlook, By Balers (2017-2027) ($MN)    
120 Middle East & Africa Farm Equipment Rental Market Outlook, By Sprayers (2017-2027) ($MN)    
121 Middle East & Africa Farm Equipment Rental Market Outlook, By Tractors (2017-2027) ($MN)    
122 Middle East & Africa Farm Equipment Rental Market Outlook, By Harvesters (2017-2027) ($MN)    
123 Middle East & Africa Farm Equipment Rental Market Outlook, By Haying Equipment (2017-2027) ($MN)    
124 Middle East & Africa Farm Equipment Rental Market Outlook, By Planters (2017-2027) ($MN)    
125 Middle East & Africa Farm Equipment Rental Market Outlook, By Cultivators (2017-2027) ($MN)    
126 Middle East & Africa Farm Equipment Rental Market Outlook, By Other Equipment Types (2017-2027) ($MN)    
127 Middle East & Africa Farm Equipment Rental Market Outlook, By Drive (2017-2027) ($MN)    
128 Middle East & Africa Farm Equipment Rental Market Outlook, By Four-wheel Drive (2017-2027) ($MN)    
129 Middle East & Africa Farm Equipment Rental Market Outlook, By Two-wheel Drive (2017-2027) ($MN)    
130 Middle East & Africa Farm Equipment Rental Market Outlook, By Application (2017-2027) ($MN)    
131 Middle East & Africa Farm Equipment Rental Market Outlook, By Forest Farm (2017-2027) ($MN)    
132 Middle East & Africa Farm Equipment Rental Market Outlook, By Farm (2017-2027) ($MN)    

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