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Agriculture and Farm Machinery Market - by Product, Technology, Market Share, End-Use Sector, Opportunities and Global Forecast 2022

06-22-2018 06:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

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Agriculture and farm machinery consists of the tools and machinery required by the farmers in agricultural farmlands for increased productivity of crops. Agriculture and farm machinery consist of tractors, harvesting machinery, plowers and cultivators among others which are used for various purposes such as plowing, tilling, harvesting and disking among others.

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The increasing mechanization of agriculture has resolved various problems associated with farming including scarcity of labor, wastage of time and energy. The technological advancements in the design of tractors to improve output efficiency are expected to fuel the demand for farm tractors in the field.

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Key factors driving the agriculture and farm machinery market include technological innovations, rising demand for advanced agricultural machinery, increasing mechanization of farming operations.

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Further, growth in global food demand is another key factor driving the demand for agriculture and farm machinery, globally. This increasing demand for food is a result of the growing population which in turn is increasing the demand for food consumption.

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