NEW YORK, March 28, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Agricultural Equipment in China
http://www.reportlinker.com/p0701094/Agricultural-Equipment-in-China.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Machine_Tool_and_Equipment
Demand to register double digit growth through 2015
Demand for agricultural equipment in China reached Yen 135 billion in 2010, accounting for 18 percent of the world market. Demand is projected to grow 10.8 percent annually to Yen 225 billion in 2015. Growth will be supported by favorable government policies, improved access to equipment through agricultural machinery co-operatives, and healthy expansion of agricultural activity.
Planting, fertilizing equipment to see fastest gains
Tractors are the most significant type of agricultural equipment in China, accounting for 30 percent of total demand in 2010. Large, high powered tractors have greatly benefited from the Chinese government's subsidy policies and will continue to see strong growth over the forecast period. However, small tractors, because they are more affordable and practical for the average farming household, will continue to account for a greater share of demand. The high price of harvesting machinery units has largely been responsible for it having the lowest penetration rate of all agricultural equipment, though the segment will register above average growth through 2015, driven by increases in farmers' incomes. Planting and fertilizing equipment will see the fastest gains as Chinese farmers continue to adopt a wider range of farming equipment. Shipments of agricultural equipment are projected to rise 12.2 percent annually to Yen 258 billion in 2015. China's trade surplus will expand to Yen33 billion, primarily due to improvements in the quality and technology of domestic products, as well as low tariffs on exports.
Northeast region to exhibit most rapid demand growth
While all six regions in China will see strong demand growth through 2015, the terrain, climate, and economic condition of each region will play a significant role in relative growth. The core agricultural regions of the Central-North, Central- East and Central South, which together accounted for 74 percent of agricultural equipment demand in 2010, will continue to benefit from higher income levels and better developed infrastructure. Although it is one of the smaller regional markets for agricultural equipment, the Northeast will continue to see the fastest growth in demand through 2015. Part of the reason is that the Northeast -- while representing just over eight percent of China's total land area -- has nearly 20 percent of sown land. More importantly, the Northeast has one-third of national plain areas. Because many areas of the Northeast are flat, farms have sizable expanses of level land, making the application of large agricultural equipment practical.
Study coverage
Details on these and other findings are contained in Agricultural Equipment in China, an upcoming 205-page industry study, which presents historical demand data (2000, 2005, 2010) plus forecasts for 2015 and 2020 by product and region of China. The study also assesses market environment factors, evaluates company market share and profiles 34 industry competitors.
TABLE OF CONTENTS
INTRODUCTION ix
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Economic Overview 5
Recent Economic Performance 6
Economic Outlook 8
Demographic Overview 11
Population 11
Rural Population 14
Currency Exchange Rates 16
Industrialization & Manufacturing Trends 18
Arable Land Outlook 21
Agricultural Land Usage 25
Labor Force Productivity in Agriculture 26
Agriculture Sector Outlook 29
Agricultural Output 31
Agricultural Value Added 33
The Twelfth Five Year Plan 35
III. OVERVIEW 38
Supply & Demand 38
Pricing Trends 40
Policies, Regulations & Standards 42
Agricultural Machinery Co-Operatives 47
Product Development & Technology 48
International Environment 50
World Outlook 51
Foreign Trade 52
IV. PRODUCTS 55
General 55
Farm Tractors 58
Small Farm Tractors 61
Large Farm Tractors 64
Harvesting Machinery 66
Combine Harvesters 69
Other Harvesting Machinery 71
Plowing & Cultivating Machinery 73
Plowing Machinery 75
Cultivating Machinery 77
Planting & Fertilizing Machinery 79
Planting Machinery 81
Fertilizing Machinery 83
Other Agricultural Equipment 85
Seed Processing Machines 86
Irrigation Equipment 88
Haying Machinery 89
Sprayers 91
All Other 92
Parts & Attachments 93
V. REGIONAL TRENDS 95
General 95
Regional Demographic & Economic Trends 97
Population Patterns 98
Economic Outlook 99
Regional Manufacturing Value Added Outlook 100
Regional Agricultural Outlook 102
Regional Sown Land 104
Regional Agricultural Equipment Demand 106
Central-North 108
Overview 108
Agricultural Equipment Demand 110
Northeast 112
Overview 112
Agricultural Equipment Demand 115
Central-East 116
Overview 116
Agricultural Equipment Demand 118
Central-South 120
Overview 120
Agricultural Equipment Demand 122
Southwest 124
Overview 124
Agricultural Equipment Demand 126
Northwest 128
Overview 128
Agricultural Equipment Demand 130
VI. INDUSTRY STRUCTURE 133
General 133
Industry Composition 134
Market Share 137
Product Development & Manufacturing 140
Marketing & Distribution 141
Financial Issues & Requirements 142
Mergers & Acquisitions 144
Cooperative Agreements 145
Foreign Participation in the Chinese Market 146
Legal & Regulatory Issues 147
Joint Ventures 149
Wholly Owned Foreign Enterprises 151
Representative Offices 152
Company Profiles 153
Anhui Changjiang Agricultural Machinery
Company Limited 154
Changfa Group 155
Changzhou Dongfeng Agricultural Machinery
Group Company Limited 157
China National Machinery Industry Corporation 158
Chinese Academy of Agricultural Mechanization Sciences 161
Chishan Group Company Limited 163
Chongqing Hesheng Industry Company Limited 164
Deere & Company 166
Fiat Industrial SpA 168
Foton Lovol International Heavy Industries
Company Limited 170
Guangxi Qinzhou Lishun Machinery Company Limited 172
Jiangsu Jianghuai Engine Company Limited 173
Jiangsu Lianyungang Huaxuan Machinery
Company Limited 174
Jiangsu World Agricultural Machinery, see WORLD
Group
John Deere Jiamusi Agricultural Machinery, see Deere &
Company
John Deere Tiantuo, see Deere & Company
Kubota Corporation 176
Liuzhou Wuling Motors Company Limited 177
Luoyang Sida Agricultural Machinery Company Limited 179
Luoyang Zhongshou Machinery & Equipment, see China
National Machinery Industry
Mahindra Yueda Yancheng Tractor Company Limited 180
Modern Agricultural Equipment, see Chinese Academy of
Agricultural Mechanization Sciences
Nanning Wuling-Guihua Vehicle, see Liuzhou Wuling
Motors
Nantong FLW Agricultural Equipment Company Limited 182
Nonghaha Group 183
Rongcheng Haishan Machinery Manufacturing,
see Chishan Group
Shandong Changlin Machinery Group Company Limited 184
Shandong Dafeng Machinery Company Limited 186
Shandong Huaxing Group Company Limited 187
Shandong Jinyi Machinery Manufacture Company Limited 188
Shandong Juming Group 189
Shandong Shifeng Group Company Limited 190
Shandong Wuzheng Group Company Limited 192
Shijiazhuang Agricultural Machinery Company Limited 194
Tong Yang Moolsan Company Limited 195
WORLD Group 197
Xi'an Yaao Agricultural Machinery Company Limited 199
Yanmar Company Limited 200
YTO Group, see China National Machinery Industry
Zhejiang Sanlian Combine Manufacturing
Company Limited 202
Zhejiang Sifang Group Corporation 203
Zhengzhou Sanzhong Harvesting Industrial
Company Limited 205
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Gross Domestic Product of China 11
2 Population of China 13
3 Rural Population in China by Region 15
4 Chinese Currency Exchange Rates, 2000-2010 17
5 Manufacturing Value Added in China 21
6 Arable Land Trends in China, 2000-2010 24
7 Agricultural Land Usage by Crop 26
8 Labor Force Productivity in Agriculture in China 29
9 Selected Agricultural Product Output in China 33
10 Agricultural Value Added in China 35
SECTION III -- OVERVIEW
1 Agricultural Equipment Supply & Demand in China 40
2 Selected Agricultural Equipment Pricing in China 42
3 World Agricultural Equipment Demand by Region 52
4 Chinese Foreign Trade in Agricultural Equipment 54
SECTION IV -- PRODUCTS
1 Agricultural Equipment Demand in China by Type 57
2 Farm Tractor Demand in China 61
3 Small Farm Tractor Supply & Demand in China 64
4 Large Farm Tractor Supply & Demand in China 66
5 Harvesting Machinery Demand in China 68
6 Combine Harvester Supply & Demand in China 71
7 Other Harvesting Machinery Supply & Demand in China 73
8 Plowing & Cultivating Machinery Demand in China 75
9 Plowing Machinery Supply & Demand in China 77
10 Cultivating Machinery Supply & Demand in China 79
11 Planting & Fertilizing Machinery Demand in China 81
12 Planting Machinery Supply & Demand in China 83
13 Fertilizing Machinery Supply & Demand in China 84
14 Other Agricultural Equipment Demand in China 86
15 Seed Processing Machinery Supply & Demand in China 87
16 Irrigation Equipment Supply & Demand in China 89
17 Haying Machine Supply & Demand in China 90
18 Sprayer Supply & Demand in China 91
19 All Other Agricultural Machinery Supply & Demand in China 92
20 Agricultural Equipment Parts & Attachments Supply
& Demand in China 94
SECTION V -- REGIONAL TRENDS
1 Population of China by Region 99
2 Gross Domestic Product of China by Region 100
3 Manufacturing Value Added in China by Region 102
4 Agricultural Value Added in China by Region 104
5 Gross Sown Area in China by Region 105
6 Agricultural Equipment Demand in China by Region 107
7 Central-North Region of China: Agricultural Equipment
Demand 112
8 Northeast Region of China: Agricultural Equipment Demand 116
9 Central-East Region of China: Agricultural Equipment
Demand 120
10 Central-South Region of China: Agricultural Equipment
Demand 124
11 Southwest Region of China: Agricultural Equipment Demand 128
12 Northwest Region of China: Agricultural Equipment Demand 132
SECTION VI -- INDUSTRY STRUCTURE
1 Revenue Data: Selected Agricultural Equipment
Companies, 2010 136
2 Selected Cooperative Agreements 146
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
1 Population of China by Age, 2000-2020 14
2 Chinese Currency Exchange Rates, 2000-2010 18
SECTION IV -- PRODUCTS
1 Agricultural Equipment Demand in China by Type, 2010 58
SECTION V -- REGIONAL TRENDS
1 Agricultural Equipment Demand in China by Region, 2010 108
2 Central-North Region of China 110
3 Northeast Region of China 114
4 Central-East Region of China 118
5 Central-South Region of China 122
6 Southwest Region of China 126
7 Northwest Region of China 130
SECTION VI -- INDUSTRY STRUCTURE
1 Agricultural Equipment Market Share in China
by Company, 2010 137
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Machine Tool and Equipment Industry: Agricultural Equipment in China
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