Indonesia Agriculture Equipment Market Value & Volume Is Driven By Government Initiatives, Support Schemes And After-Sales Support Policies: Ken Research

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Indonesia Relies Heavily on East Java, West Java, Central Java, South Sulawesi, South Sumatra, Lampung, South Kalimantan, And North Sumatra For Rice Production

Government Of Indonesia Brought Forward The Rice-Planting Season In 2020 To Ensure Supply And Is Estimated To Harvest 12.5 Million-15.0 Million Tonnes Of Rice During December 2020. Rice Is One of The Major Crops Produced In Indonesia & Hence, Demand For Agricultural Machinery Is Complemented With The Increasing Cultivation Of Rice. Besides, The Government Launched Agriculture Disaster Insurance Policy, Therefore, Providing Each Farmer with Up to USD 69.3 For Crop Damage Due To Natural Calamities.

Other Government Initiatives Such As Seed Development Policy & Fertilizer Subsidy Program Had Helped Increase Farmers’ Income From Farm Operations. The Particular Scheme Safeguarded the Interest Of Farmers & Continued To Employ Traditional Methods Of Farming, Resulting Into Lower Productivity Of Crops. During 2017, The Indonesian Government Budgeted USD 223.0 Mn For Machinery Procurement Including Imported 4W Tractors And Excavators. The Country’s Agricultural Sector Witnessed An Upward Trajectory, From Subsistence / Mixed Farming Towards Semi-Commercial & Commercial Farming, Thus, Driving Demand For 4W Tractors In The Country.

Improvement In Irrigation And Transportation Systems In Kalimantan & Sumatra Has Generated Higher Concentration Of Farm Machinery In These Areas. CV Karya Hidup Sentosa Produces Hand Tractors Under The Brand QUICK And PT Kubota Indonesia Are Some Of The Major Brands Selling 2W & 4W Tractors In Indonesia Respectively.

Farmers Are Also Using Modern Technologies To Perform Harvesting Operations Within Short Durations Thus, Giving Boost To Combine Harvesters With A Large Engine Capacity With The Real Serviceability To Harvest Rice I.E. 4 Ha/Day With 8-10 Working Hrs/Day. It Has Further Impacted Overall Crop Output, In Turn Leading To Higher Farm Incomes. Sulawesi Region Generated Demand for Above 70HP Combine Harvesters Owing To Higher Farm Land Holding Size. On the Other Hand, Rice Transplanters Are Not Popular In Retail Market As They Are Capital Intensive & Require Heavy Training For Operations. Decline In Rice Production During 2019 Coupled With Reduction In Government Subsidies Towards Rice Transplanters Led To Market Decline.

The Report Titled “Indonesia Agriculture Equipment Market Outlook To 2025 - By Tractors Market (2 Wheeled & 4 Wheeled Tractors; < 40HP, 40-70HP & >70HP Tractors; Combine Harvesters Market (Less Than 70HP, 70HP And >70HP); Rice Transplanters Market; Implements Market (Rotavator, Plough, Harrow, Fertilizer Spreaders & Others); And Regional Demand Of Agriculture Equipment (Java, Sulawesi, Sumatra, Kalimantan & Others)” By Ken Research Suggested That The Overall Agriculture Equipment Market Is Further Expected To Grow In The Near Future As Both Existing Companies And New Entrants Can Focus On Investment In 2W Hand Tractors / Tillers; Expansion In Dealer Network To Widen Their Service Capabilities; Tie-Ups Between Banks And Private Finance Companies / Institutions; Focus On After-Sales Support Services To Gain Customer Attention; Participating In Agricultural Exhibitions And Other Marketing Initiatives. The Market Is Expected To Register A Positive Six-Year CAGR Of 6.1% And 5.7% In Terms Of Sales Value And Volume Respectively During The Forecast Period 2020-2025. Tractors Market, Combine Harvesters Market Rice Transplanters Market And Implements Market In Indonesia Is Further Expected To Grow At Revenue CAGR Of 6.0%, 7.5%, 4.7% & 3.8% Respectively And Volume CAGR Of 5.6%, 7.5% & 4.7% Respectively During Forecast Period 2020-2025.

Key Segments Covered: -

By Type Of Agriculture Equipment

Tractors

By Two-Wheeled And Four-Wheeled Tractors

By Horse Power (HP)

Less Than 40HP

40HP-70HP

Above 70HP

By Regional Demand

Jawa

Sulawesi

Sumatra

Kalimantan

Others (Includes Remaining Regions of Indonesia Such as Bali, Papua, And Rest)

Combine Harvesters

By Horse Power (HP)

Less Than 70HP and 70HP

Above 70HP

By Regional Demand

Sulawesi

Jawa

Sumatra

Kalimantan

Others (Includes Remaining Regions of Indonesia Such as Bali, Papua, And Rest)

Rice Transplanters

By Regional Demand

Jawa

Sulawesi

Kalimantan

Sumatra

Others (Includes Remaining Regions of Indonesia Such As Bali, Papua, And Rest)

Implements

By Implement Type

Rotavator

Plough

Harrow

Fertilizer Spreads

Others (Dozers, Front Loader, Hay Balers and Sprayers)

Agriculture Equipment Manufacturers Covered

1. Rutan Indonesia
2. Karya Hidup Sentosa - Quick
3. Kubota Indonesia
4. Yanmar Indonesia
5. Traktor Nusantara

               Altrak 1978

1. Satrindo Mitra Utama
2. Wahana Inti Selaras: John Deere

Other Players (Massey Ferguson, Maxxi, Tanikaya, Galaxy And SAAM)

Financing Companies Covered

JTO Finance

Equity Finance

BAF Finance,

Asia Finance

Other Companies (Mitsui Group And Hitachi Group Finance)

Key Target Audience

Agriculture Equipment Manufacturing Companies

Industry Associations

Regulatory Bodies

Financing Companies

Agriculture Equipment Distributors & Authorized Dealerships

Time Period Captured In The Report:-

Historical Period – 2014-2020

Forecast Period – 2020-2025

Key Topics Covered In The Report

Executive Summary

Country Overview

Agriculture Overview / Scenario In Indonesia

Cropland Planting Trends In Indonesia, 2015-2019

How Farmers Operate In Indonesia?

Supply Side Of Indonesia Agriculture Machinery Market

Indonesia Agriculture Equipment Market

Indonesia Tractors Market, 2014-2025

Indonesia Combine Harvesters Market, 2014-2025

Indonesia Rice Transplanters Market, 2014-2025

Indonesia Implements Market, 2014-2025

Snapshot On Rental Agriculture Equipment Business In Indonesia

Snapshot On Second Hand Machinery Market In Indonesia

Financing For Agriculture Machinery In Indonesia

Comparative Landscape In Indonesia Agriculture Machinery Market

Indonesia Agriculture Equipment Product Analysis

Indonesia Agri. Equip. Market Future Outlook & Projections, 2020-2025

Analyst Recommendations

For More Information on the research report, click on the below link: -

Future of Indonesia Agriculture Equipment Market

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Thailand Agricultural Machinery Market Outlook To 2025 – Agriculture Tractor Market (By Type: 2W And 4W Tractors, By Power: 8HP-15HP, 20HP-35HP, 36HP-47HP, 48HP-75HP, 75HP-100HP, 100HP-120HP And Above 120HP), Combine Harvester Market (By Power: 70HP & Below, 75HP-105HP And Above 105HP), By Rice Transplanters (By Rows: 4Row, 6Row And 8Row), Agriculture Implements Market

US Tractor And Combine Harvesters Market Outlook To 2024 – By Tractor Type (2WD And 4WD), By Tractor HP (<40 HP, 40-100 HP And >100 HP) And By Combine Harvester HP (Upto 250 HP, 250-350 HP And Above 350 HP)

Philippines Agricultural Equipment Market Outlook To 2023- By Product Type (Tractors, Combine Harvesters, Planters, Seeders And Tillage Equipments And Tillage Equipment), By Tractor Segment (Up To 60 Hp, Between 61-130 Hp And Above 130 Hp), By Production (Imported And Domestically Manufactured) And By Region (Luzon, Visayas And Mindanao)

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