Thailand Agricultural Machinery Market is expected to cross USD 1 9 Billion by 2025 Owing To Surge in Demand among Farmers and Rising Financial Support: Ken Research einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Thailand Agricultural Machinery Market is expected to cross USD 1.9 Billion by 2025 Owing To Surge in Demand among Farmers and Rising Financial Support: Ken Research
New Market Entrants - Foreign OEMs
Agricultural Machinery Financing Companies
Historical Period: 2013 - 2019
Total Land Under Cultivation and Distribution by Major Crops (Rice, Cassava, Rubber and Sugarcane)
Changing Cropping Pattern in Thailand and Factors Driving Change
Nature of Ownership, Farm Holding Structure and Regulatory Policies Impacting Farm Holding Structure in Thailand
Agricultural Practice in Thailand on the basis of Scale of Mechanization, Extensive and Intensive and Irrigated Land
Government Policy impacting the Agricultural Equipment Market in Thailand on the basis of Import Duty Structure, Subsidies, Taxes Certification and Emission Standards
GURUGRAM, India, May 12, 2021 /PRNewswire/ February 2021 | Indonesia News Key Findings Government plans to boost national production of local agricultural machinery and has
Myanmar Agriculture Machinery Market Outlook to 2025 - Government Initiatives for Modernizing the Agriculture Process and Ease of Financing will Boost the Growth in the Myanmar Agriculture Equipments Market: Ken Research
Key Findings
Power tillers, tractors and threshers are the most common equipments used in the Myanmar agriculture machinery segment. Out of these, Power Tillers are the most selling agricultural equipment in the region.
The agriculture equipment market in Myanmar is currently exclusively import dependent. The Ministry of Commerce, effective from November 2017, granted the permission for joint ventures (JVs) between foreign and domestic companies to import and sell agricultural machinery.
Central Region consisting of Dry Zone of Magway and Mandalay area and Delta Zone of Bago, Yangon, Ayeyarwady and Mon State has the highest demand for agricultural equipments in Myanmar. The region will witness a CAGR of ~10% growth in demand for tractors during 2020-2025.