.
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)” provides a comprehensive analysis on the
performance of the agriculture equipment industry in Indonesia. The report
covers various aspects including sales value, volume, trends &
developments, issues & challenges faced by the industry, competition
landscape, financing players and others. It also covers the country overview,
regulatory framework, agricultural overview of Indonesia, land under
cultivation, changes in the cropping patterns, farm holding structure &
scale of mechanization. Indonesia agriculture equipment market report concludes
with the projections for future of industry including forecasted sales value
and volume; future projections by product type and regional demand by the year
ending 2025, COVID-19 impact and analysts’ take on the future.
Indonesia Agriculture Equipment Market Overview and Size:
The revenues from the overall agriculture equipment market decreased at
a single-digit CAGR of (-8.7%) during the review period 2014-2020. Contribution
of the tractor market to the overall market stood at more than 50.0% in terms
of revenue and more than 90% in terms of sales volume during 2020. Combine Harvesters
have been the second-largest category, to the overall revenues of the
agriculture equipment market largely owing to their benefit to speed up
harvesting time.
Indonesia Agriculture Equipment Market Segmentation
Indonesia Tractors Market: Tractors
Sales Volume and Revenue took a fall during 2014-2020 outlook periods at a
negative CAGR of 6.8% and 4.6% respectively due to small landholding size, poor
access to credit & financial institutions & deteriorating resource base
which are collectively obstructing the growth of tractors. 4W Tractors have
been segmented based on power out of which less than 40HP were the most
preferred in Indonesia. On the other hand, 2W tractors have gaining traction
due to a surge in the total number of farm households & agricultural
cooperatives.
Indonesia Combine Harvesters Market: Combine harvester market value & volume showcased a constant growth
pattern along with positive CAGR of 6.1% each during 2014-2020 outlook period.
Combine harvesters of 70 hp and below accounted for the highest total sales of
combined harvesters. Various government reforms including the fertilizer
subsidy policy and seed development policy were aimed at aiding the revival of
displaced farmers.
Indonesia Rice Transplanters Market: Rice transplanter
market value and volume showcased volatile growth pattern during 2014-2020
outlook period. Rice transplanters are not popular in the retail market as they
are capital intensive and require heavy training for operations.
Indonesia Implements Market: Revenue from the
implements segment increased at a CAGR of 4.7% during 2014-2020. Demand for
tractor implements is complimentary to the sale of 2W & 4W tractors since a
majority of farmers procure implements along with tractors. Rotavator and
ploughs are the most preferred and demanded tractor implement as they help in
seedbed preparation and ploughing of land.
By Regional Demand (Jawa, Sulawesi, Kalimantan, Sumatra and
Others): Java region dominated the
tractors and rice transplanter product segment during 2020. However, the
Sulawesi region took lead for combine harvesters in terms of sales volume
during the year 2020.
Comparative Landscape of Indonesia Agriculture Equipment Market
Competition within the Indonesia agriculture equipment market was
observed to be moderately fragmented with the dominance of international brands
such as Yanmar, Kubota and other local manufacturers. Quick dominated the 2W
tractor segment and Kubota took lead in terms of sales volume for 4W tractor
segment during 2020. For combine harvesters’ segment, Yanmar and Kubota
collectively dominated with over 70% sales volume during 2020 in Indonesia. PT
Yanmar also showcased dominance towards rice transplanter segment in 2020.
These companies compete based on parameters such as price, products offered,
number of tractor variants, distribution network, and after-sales service.
Indonesia Agriculture Equipment Market Future Outlook and Projections
Mechanization rate for land preparation is higher in Indonesia and it is
forecasted to get mechanized further as the farmers are likely to increase the
usage of disc plough on the farms. Also, the Indonesian government plans to
boost national production of local agricultural machinery & has prepared a
budget worth $538 Mn for machinery development.
- By Product
Segment - Combine
harvesters are mainly demanded by a limited target audience and farmers
and agricultural cooperatives and this trend is also expected to continue
shortly. Manufacturers have invested in Research and Development to
minimize post-harvest loss and reduction in grain damage during
harvesting.
- By
Regional Demand - Java region will continue to be the area with
the highest demand & sales of hand tractors in the country. Demand for
4W tractors will continue to arise from Sumatra and Kalimantan regions in
the future, due to the above-average farm holding size in these regions.
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
PT. Rutan Indonesia
CV. Karya Hidup Sentosa - Quick
PT. Kubota Indonesia
PT. Yanmar Indonesia
PT. Traktor Nusantara
Altrak 1978
PT. Satrindo Mitra Utama
PT. 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 n the research
report, Click on the below link: -
Future of Indonesia Agriculture Equipment Market
Related
Reports by Ken Research: -
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