India Used Harvester Market Segmentation
By New vs Used Purchase- With the average life-span of the harvester
being more than other equipment besides tractor, harvesters change hands less
often. Thus, there exists a wider gap between new and used harvester market in
India, with ~X new harvester being sold in FY’21 for every used harvester sold.
By Region- North region has the highest demand for used
harvesters (XX%), where local companies such as New Heera, Balkar, Malkit also
contribute to harvester supply.
By Manufacturers- Kubota, CLAAS and Yanmar
contribute to XX% sale for used track type harvesters, with ACE and Fieldking being
mid-level players.
By Cutting Width- Sale on the basis of cutting width is heavily
dependent on the land holding size of the customer. Thus, for small and
marginal farmers with small land holding size, it becomes impractical to
purchase a larger cutting width harvester.
By Vehicle Age-
Used harvesters with lower of age are the primary segment, with XX used
harvesters being sold in FY’21 between 0-5 years of age.
By Hours of Use- Harvester used from 0-5000 hrs contribute to XX% of the sales of total used harvesters,
with 1001-2000 hrs of usage primarily
preferred (XX% market share) due to lower comparative price that newer
harvesters yet having decent quality as well.
By Mode of Financing- Organised financed purchases have seen a significant
jump in the last five years, with a CAGR of XX%, fuelled by private financiers such as Sundaram Finance and Sri ram
finance.
By Distribution Channel- Used harvester market is heavily unorganized and fragmented
with very negligible amount being purchased from certified dealerships or
online channels.
By Mode of Sales- The online market for used
harvesters is in its introductory phase, with even well-established online classifieds
recently entering into the used harvester segment with test pilot projects in
XX states.
Request For Sample Report:- https://Www.Kenresearch.Com/Sample-Report.Php?Frmdetails=Ndkzmjg0
India Used Power Tiller Market Size and Segmentation
The used power
tiller market has shown a negligible growth rate, widely remaining
static throughout FY’16 to FY’21 with a CAGR of XX%. This is mainly due to Chinese imported Power tiller
cannibalizing the domestic power tiller market.
India Used Power Tiller Market
Segmentation
By New Purchase vs Used Purchase- The used power
tiller market has a relatively lower
market size than the new power tiller market with XX thousand used power tillers being sold and XX thousand new power
tillers being sold in FY’21.
By Region- Andhra Pradesh leads in the used power tiller
market with a market share of XX% and ~ used power tillers sold in FY’21. Maharashtra and Assam have a market share of
XX% and XX % respectively owing to higher priced of rival Chinese
imported harvesters.
By
Manufacturer- Power tiller
manufacturing market is highly
consolidated with XX% of the market share belonging to 2 players.
By Power
(HP) - Low HP power
tillers are majorly used in low land
flooded rice fields, where power requirements are not that high.
The Used Tractor attachable
equipment market is highly dependent on the tractor market of India. More often
than not, these attachable are sold alongside used tractors, accounting for a
comparatively lesser growth rate of CAGR XX% from FY’16 to FY’21, when compared
to used tractor market CAGR of XX%.
Indian Used Tractor-Attachable Equipment
Segmentation, By Type
Sprayers,
Ploughs, Drills and Rotavators have shown a five year CAGR higher than the
average CAGR of XX%, thus, increasing their market shares from FY’16 to FY’21. This is due to
higher adoption rates of these equipment in the northern states.
India Used Agricultural Equipment
Market Future Outlook and Projections
The total used agricultural equipment
market is projected to rise from XX units sold in FY’21 to nearly tripling in
size by FY’26, with a predicted XX units being predicted to be sold in FY’26,
showcasing an expected CAGR of XX%. This rise in volume will be driven by the
heightened subsidies on under the SMAM initiative, which offers up to XX%
subsidy on purchase of tractors. The used tractor market will continue to grow at a pace of XX% CAGR, rising from XX units sold in FY’21
to XX units projected to sell in FY’26, growing faster than the new tractor market, as
more small & marginal farmers get involved in the purchase. This demand for used harvester is expected to
be primarily driven from southern and
western states of India, which has seen dramatic rise in harvester
demand from FY’16-FY’21, where harvester market is growing out of its
introductory phase and entering growth phase.
The used power tiller
market is expected to grow from XX
units being sold in FY’21 to XX units projected to sell in FY’26, with a
predicted CAGR of XX%. While it will still have a negligible
contribution to the overall used agri-equipment market, it will recover from stagnation observed in last 5 years due to Chinese
imported tillers. For used tractor attachable equipment market, Rotavators, Sprayers and Ploughs & Drills
will have increased market share contributing more and more in the
growth of this market, due to
organizations such as FICCI proposing promotion of these implements in northern
India to GoI.
India Used Agricultural Equipment
Financing Market Snapshot
Total
outstanding credit in Agriculture by commercial banks in India has been
increasing consistently, having grown from INR XX lakh Crore to XX lakh crore,
growing at a CAGR of XX%.
The ecosystem for Agricultural
Equipment Financing is dominated by companies such as Mahindra Finance, Kotak
Mahindra Bank, etc., with regulatory authorities such as NABARD, and RBI.
Customer touch points such as physical branches of institutions, brick and
mortar dealerships (for captive financing), unorganized mandis for offline
players, and classifieds and company websites for online customers.
Key Markets Covered in India Used Agricultural Equipment Market
India Used Tractor Market
Market Size, By Volume and Value, FY’16-FY’21
Market Segmentation By,
By New Purchase vs Used Purchase, FY’16-FY’21
By Manufacturers, FY’21
By Power (HP), FY’16 & FY’21
By Drive (2WD vs 4WD), FY’21
By Region, FY’16 & FY’21
By Distribution Channels, FY’21
By Vehicle Age, FY’21
By Mode of Sales (Online vs Offline), FY’16 & FY’21
By Financed vs Non-Financed Purchases by End Users, FY’16 & FY’21
By Organized vs Unorganized Financing, FY’16 & FY’21
India Used Harvester Market
Market Size, By Volume and Value, FY’16-FY’21
Market Segmentation By,
By New Purchase vs Used Purchase, FY’16-FY’21
By Manufacturers (Track Type Harvesters), FY’21
By Power (HP), FY’16 & FY’21
By Cutting Width, FY’21
By Region, FY’16 & FY’21
By Distribution Channels, FY’21
By Vehicle Age, FY’21
By Hours of Usage, FY’21
By Mode of Sales (Online vs Offline), FY’16 & FY’21
By Financed vs Non-Financed Purchases by End Users, FY’16 & FY’21
By Organized vs Unorganized Financing, FY’16 & FY’21
India Used Power Tiller Market
Market Size, By Volume and Value, FY’16-FY’21
Market Segmentation By,
By New Purchase vs Used Purchase, FY’16-FY’21
By Manufacturers, FY’21
By Power (HP), FY’16 & FY’21
By Region, FY’16 & FY’21
India Used
Tractor-Attachable Equipment Market
Market Size, By Volume and Value, FY’16-FY’21
Market Segmentation By Product Types,
Used Rotavators Sales, By Volume, FY’21
Used Cultivator Sales, By Volume, FY’21
Used Sprayer Sales, By Volume, FY’21
Used Harrows Sales, By Volume, FY’21
Used Ploughs and Drills Sales, By Volume, FY’21
Agricultural
Equipment Financing Market in India
Value Chain And Ecosystem of Agricultural Equipment Financing market
in India
Key Issues and Challenges, customer’s perspective
Market Share of top used tractor financing companies in India, By
Volume fo Tractor financed, FY’21
Cross-Comparison of Major Agriculture finance companies in India
Key Target Audience:-
Construction Chemical companies
Concrete Additive companies
Waterproofing companies
Adhesive and Sealant Companies
Repair and Rehabilitation Chemical companies
Time Period Captured in the Report:-
Historical Period: FY’16-FY’21
Forecast Period: FY’22-FY’26
Major Classified Websites for Used Agricultural Equipment Sales:-
Tractorjuction.com
Meratractor.com
Khetigaadi.com
Escortsmolanmol.com
Tractorguru.com
Major Financing Companies for Used
Agri-Equipment In India
Mahindra Finance
Kotak Mahindra Bank
IndusInd Bank
TVS Credit
AU Small Finance Bank
Kogta Finance
Key Topics Covered in the Report:-
Indian Agricultural
Sector Overview
Analysis of Crop
Production in India
State-wise Crop Yield
Analysis
Benefits of Farm
Mechanization
Evolution of
Mechanization in the Indian Agriculture Industry
Dominant Used Agriculture
Equipment in India
Agricultural Value Chain
and Required types of Equipment
Current Level of Mechanization
in Indian Farms for major crops
India Used Agriculture Equipment Market
Ecosystem
Manufacturer Typologies of Farm Equipment
in India
Value Chain Analysis of India Used
Agriculture Equipment Market
SWOT Analysis of the Indian Used
Agricultural Equipment Market
Major Constraints in the Indian Used
Agricultural Equipment Market
Major Government Initiatives and
Interventions in the Agricultural Sector in India
Snapshot: Agricultural Equipment Rental
market
E-Nam- The online Auction Platform for the
agricultural Industry
Indian Used Agricultural
Equipment Market Size and Segmentation
India Used Agricultural Equipment Market
Size, By Volume and Value
Segmentation, By Types of Equipment
Indian Used Tractor
Market Size and Segmentation
Indian Used Tractor Market Size and
Comparison with India New Tractor Market
Indian Used Tractor
Market: Competition Scenario among Classifieds
Indian Used Harvester
Market Size and Segmentation
Indian Used Power Tiller
Market Size and Segmentation
Indian Used Tractor-Attachable
Equipment Market
India Used Agricultural
Equipment Market Future Outlook and Projections
Value Chain Analysis and Ecosystem the
Indian Used Agricultural Equipment Financing Market
Captive Financing and it’s correlation
with dealerships
Gap analysis of the Indian Used
Agricultural Equipment Market
Key Success Mantras for a Market Entrant
in Classified for Used Agri-equipment Market
Opportunities in financing of
Agricultural Equipment
Industry Speaks
For More Information on the research report,
refer to below link:-
Indian Used Agricultural Equipment Market
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
%20Market.jpg)
%20Market.jpg)
%20Market.jpg)
