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The main challenge in the country is to do agricultural activities while using minimum water. The growing population is attributing to the UAE farm equipment market growth too since it leads to an increase in the demand for food.
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UAE Farm Equipment Market Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The UAE farm equipment market is expected to reach US$144.342 million by 2024. The agriculture and farming sector in the country has undergone many changes. The main challenge in the country is to do agricultural activities while using minimum water. The farm equipment can help with this by employing various technologies with it. The increasing automation in the field of agriculture and farming is driving the market for farm equipment. The growing population is attributing the market growth too since it leads to an increase in the demand for food. Additionally, the scarcity of skilled labor in the agriculture and farming sector is also supporting the market demand. Furthermore, the increasing research and development for technological advancement in the farm equipment are also augmenting the market growth to continue in the forecasted period. However, the high cost of equipment and the growing market for used/second-hand equipment is a restraint in the growth of the market.
Key Questions Answered By The Report • What will be UAE Farm Equipment Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the UAE Farm Equipment Market? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under UAE Farm Equipment Market are : • By Type • Combines • Plows • Sprayers • Planters • Others • By Function • Plowing & Cultivating • Sowing & Planting • Plant Protection & Fertilizing • Harvesting & Threshing • By Application Period • Pre-Harvesting • During and Post-Harvesting
COMPANY PROFILES • Sonalika Group • Kubota Corporation • JCB • Claas KGaA
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