Name: Brazil Agricultural and Construction Equipment Market Size, Share, Industry, Forecast and outlook (2023-2030)
Brand: DataM Intelligence
SKU: AG835
Price: 3175 USD
Availability: InStock

Brazil Agricultural and Construction Equipment Market Forecast 2023-30

Brazil Agricultural and Construction Equipment Market Size, Share, Industry, Forecast and outlook (2023-2030)

<h2>Brazil Agricultural and Construction Equipment Market is segmented By Agricultural Equipment(&lt; 30 hp Farm Tractor Market, 31-100 hp Farm Tractor Market,100-200 hp Farm Tractor Market,4 &gt; 200 hp Farm Tractor Market), By Construction Equipment( Earthmoving Equipment, Material-Handling Equipment, Heavy Construction Vehicles, Others), and By Region (Amazonas, Para, Mato Grosso, Minas Gerais, Bahia, others) &ndash; Share, Size, Outlook, and Opportunity Analysis, 2022-2029</h2>

&nbsp;

<h2>Market Overview</h2>

[180&nbsp;Pages Report] Brazil Agricultural and Construction Equipment Market&nbsp;is expected to grow at a hight&nbsp;CAGR&nbsp;during the forecasting period (2022-2029).

Agricultural equipment is machinery used in farming or other agriculture. There are many types of such material, from hand tools and power tools to tractors. Construction equipment is the equipment&rsquo;s used in constructions to shift large amounts of dirt, dig foundations, and landscape areas.

Brazil is one of the few countries which is still capable of increasing its planted area. Large portions of Brazil&rsquo;s savanna or prairie region are available for cultivation, leaving considerable room for growth of the country&rsquo;s commercial agricultural sector.

Brazil Agricultural and Construction Equipment Market&nbsp;Scope

<table border="1" cellpadding="1" cellspacing="1">
	<tbody>
		<tr>
			<td>
			<h3>Metrics</h3>
			</td>
			<td>
			<h3>Details</h3>
			</td>
		</tr>
		<tr>
			<td>
			<h3>Market&nbsp;CAGR</h3>
			</td>
			<td>
			&nbsp;7%
			</td>
		</tr>
		<tr>
			<td>
			<h3>Segments Covered</h3>
			</td>
			<td>
			By Agricultural Equipment,&nbsp;By Construction Equipment&nbsp;and By Region
			</td>
		</tr>
		<tr>
			<td>
			<h3>Report Insights Covered</h3>
			</td>
			<td>
			Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.
			</td>
		</tr>
		<tr>
			<td>
			<h3>Fastest Growing Region</h3>
			</td>
			<td>
			Asia Pacific
			</td>
		</tr>
		<tr>
			<td>
			<h3>Largest Market Share&nbsp;</h3>
			</td>
			<td>
			North America
			</td>
		</tr>
	</tbody>
</table>

To know more insights into the Market, Get Our&nbsp;<a href="https://www.datamintelligence.com/download-sample/brazil-agricultural-and-construction-equipment-market">Sample Brochure</a>

<h2>Market Dynamics</h2>

<ul>
	<li>
	The growing population is leading to the expansion of farm area in the country, thereby contributing to the demand for agricultural equipment.
	</li>
	<li>
	Brazil is one of the significant, dynamic and rapidly growing market for agricultural equipment. This growth is driven by an extensive commercial farming sector. Moreover, the country leads in exporting agricultural products such as soybean, sugar, coffee. It is estimated the state has about 219 million hectares of land free for agribusiness.
	</li>
	<li>
	This, combined with a favorable climate and the availability of water and fertile land, places Brazil as one of the countries with the highest potential to meet the growing demands for food on the planet.
	</li>
	<li>
	According to the World Bank population of Brazil has grown from 196 million in 2010 to 210 million by 2017.
	</li>
	<li>
	Government support to farmers by providing subsidies over agricultural equipment is boosting the market.
	</li>
	<li>
	Also, the ongoing trade war issue will likely to drive demand for Brazil agricultural products and hence agrarian equipment demand.
	</li>
	<li>
	The construction sector is undergoing a profound restructuring prompted by structural transformation of the Brazilian economy after the end of the commodities boom, low government spending and the ongoing corruption investigations.
	</li>
	<li>
	Owing to this there has been a recession due to the ailing economy, high inflation and restricted credit supply, which has led to postponed projects and mounting financial, liquidity and reputational problems for domestic construction companies. All these factors are hindering the market growth.
	</li>
</ul>

<h2>Market Segmentation</h2>

<ul>
	<li>
	Based on agricultural equipment the Brazil agricultural and construction equipment market is segmented as &gt;200 hp, 100-200 hp, 31-100 hp, &lt;30 hp farm tractors.
	</li>
	<li>
	The 31-100 HP segment, is anticipated to grow by 7.89% over the forecast period. Moreover, this class of tractors accounts for a significant 45% share of total sales in 2017.
	</li>
	<li>
	The most number of tractors falls under this category that is considered to be versatile due to their mass or power relation and can be employed in the most diverse agricultural operations. The other major type is less than 30 HP segment, which is expected to grow by 7.12%, this category accounts for 33% of the Brazil agricultural equipment market.
	</li>
	<li>
	Brazil Agricultural and Equipment market is segment into earthmoving equipment, material-handling equipment, heavy construction vehicles, and Others.
	</li>
	<li>
	Earthmoving equipment holds the largest market share of 39% among the other construction equipment, owing to the importance and range of earth moving works taking place take place at the construction sites.
	</li>
	<li>
	Moving forward this equipment is anticipated to grow at a CAGR of 4.70% during the forecast period 2018-2015. Earthmoving equipment machines are used around the world for such tasks as resource development, social infrastructure development, and disaster reconstruction.
	</li>
	<li>
	These machines are also being called on to overcome new challenges against a background of changes in the economy and structure of society.
	</li>
	<li>
	The federal government and Brazilian municipalities are working together to improve the structuring of infrastructure projects that will be offered to the private sector.
	</li>
	<li>
	Until 2019, USD 180 million of the federal government budget was utilized to assist city halls in the development of technical studies that will support future concessions and public-private partnerships of public services.
	</li>
</ul>

<h2>Competitive Trends</h2>

<ul>
	<li>
	The Brazil agricultural equipment market is a consolidated market with three companies occupying the majority of the market share in 2017. Around 60% of the Brazil agrarian equipment market is attributed by three companies namely CNH industrial, AGCO Corporation and John Deere. CNH possesses tractor brands such as CASE, New Holland. Whereas other major tractor maker holds two major tractor brands namely Massey Ferguson and Valtra. Other prominent tractor makers in Brazil include Agrale, Kubota, Yanmar, M&amp;M.
	</li>
	<li>
	The Brazil construction equipment market is a moderately consolidated market with five companies occupying the majority of the market share in 2017. Caterpillar and Komatsu are the major players in the Brazil construction equipment market; these two companies&rsquo; significant product portfolio includes excavators, material handlers. Volvo is another player in which is a prominent player in this market driven by the excavator, material handling vehicle products.
	</li>
</ul>

<h2>Key Takeaways</h2>

&bull; In August 2018, John Deere signed a Technical Cooperation Agreement with the Mato Grosso Association of Cotton Producers (Ampa), for of the Mato Grosso do Algod&atilde;o Institute (IMAmt).

&bull; In July 2018, Deere &amp; Company has signed a definitive agreement to acquire PLA, a privately owned manufacturer of sprayers, planters and specialty agricultural products.

&bull; In October 2017, Caterpillar Inc. has entered into an agreement with Kennametal Inc. to offer special rotors and diamond and carbide ground cutting tools for floor screed and milling applications to its customers worldwide.

&bull; In November 2018, Caterpillar Brazil launched next-generation excavators in the 30 ton (330 and 330 GC) size category increase operational efficiency, reduce fuel and maintenance costs, and improve operator comfort compared to previous models.

<h3 style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Trending Topics</h3>

<a href="https://www.datamintelligence.com/research-report/india-agriculture-and-construction-equipment-market">India Agriculture and Construction Equipment Market</a>

<a href="https://www.datamintelligence.com/research-report/agricultural-drone-market">Agricultural Drone Market</a>

<a href="https://www.datamintelligence.com/research-report/position-sensors-market">Position Sensors Market</a>

<h3 style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">FAQ</h3>

What is the Growth Rate of the&nbsp;Brazil Agricultural and Construction Equipment Market?

Grow at a high&nbsp;CAGR&nbsp;of 7%&nbsp;&nbsp;during the forecast period (2022-2029)&nbsp;

What Companies Are Included in the&nbsp;Brazil Agricultural and Construction Equipment Market?

Deere and Company, CNH Industrial, AGCO Corporation, Caterpillar Inc, Terex Equipment, Volvo Construction Equipment, Hitachi Construction Machinery, Komatsu, JCB.

<h3>&nbsp;</h3>

<h2 style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Table of Contents</h2>

1. Methodology and Scope

1.1 Research Methodology

1.2 Research Objective and Scope of the Report

2. Agricultural and Construction Equipment Industry Trends

3. Outlook

3.1 Market Snippet by Agricultural Equipment

3.2 Market Snippet by Construction Equipment

3.3 Market Snippet by Region

4.Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunity

4.4 Impact Analysis

5. Industry Analysis

5.1 Porter&rsquo;s Five Forces Analysis

5.2 Supply Chain Analysis

5.3 Regulatory Analysis

6. Market Segmentation Analysis &ndash; By Agricultural Equipment

6.1 &lt; 30 hp Farm Tractor Market

6.2 31-100 hp Farm Tractor Market

6.3 100-200 hp Farm Tractor Market

6.4 &gt; 200 hp Farm Tractor Market

7. Market Segmentation&nbsp;Analysis &ndash; By Construction Equipment

7.1 Earthmoving Equipment

7.2 Material-Handling Equipment

7.3 Heavy Construction Vehicles

7.4 Others

8. Competitive Analysis

8.1 Competitive Scenario

8.2 Competitor Brazil Agricultural and Construction Equipment Strategy Analysis

8.3 Comparative Product Portfolio Analysis

8.4 Market Positioning/Share Analysis

8.5 Mergers and Acquisitions Analysis

9. Company Profiles

9.1 Deere and Company

9.2 CNH Industrial

9.3 AGCO Corporation

9.4 Caterpillar Inc.

9.5 Terex Equipment

9.6 Volvo Construction Equipment

9.7 Hitachi Construction Machinery

9.8 Komatsu

9.9 JCB

10. DataM Intelligence

10.1 Appendix

10.2 About Us and Services

10.3 Contact Us