Vietnam Agriculture Machinery Market and Outlook to 2025

Overview

Executive Summary

Market Facts
Vietnam’s strength in agriculture output is built upon a large rural base (66% of the population) where farm and agri-business labour accounts for 70% of the workforce. The increasing negative impact of the pandemic has not only disrupted the harvesting, processing, transportation, and consumption activities of the Vietnam agriculture market but also resulted in the inability of exports of agricultural products; lack of input materials; lack of working capital to pay salaries, loan interests, rental fees, etc. 

Scope of the Study
Report titled “Vietnam Agriculture Machinery Market and Outlook to 2025” published by Makreo Research and Consulting, provides a holistic perspective of past, present and future market performance with a detailed discussion of the agriculture sector performance in the country. Crop production facts help to understand the demand prospects for the machinery.  The report provides a comprehensive analysis on various parameters including Growth Enablers, Market  Retardants and Trends and Developments. 

• EPTD Analysis: Report provides an overview of the factors impacting the country’s economy and the market performance. It emphasize on the Economic, Political, Technological, and Demographic Factors which may directly or indirectly generate an impetus or prove counterincentive for the market.
• COVID-19 Impact Assessment: The section helps to identify the present state of covid-19 cases in the country with an overview of its impact over the country’s trade activities as well as on agriculture. 
• Market Performance: The Vietnam agriculture market is segmented by tractors, rice transplanters, insecticide sprayers, mechanised water pumps and combined harvesters. Here we have discussed Tractors and harvesters market in detail covering the present and future market outlook. The market assessment include agricultural land, planted area by crops and small family farms.
• Competitive  Landscape: This section cover the company profile and mergers and acquisitions covering key players including:

                 Vietnam Engine and Agricultural Machinery Corporation Ltd Co
                 Kubota Corporation
                 CLAAS KGaA GmbH
                 Yanmar Holdings Co. Ltd
                  Iseki & Co. Ltd

Key Questions Answered

• How Vietnam agriculture market is performing and what is the present state of demand of agriculture equipment’s in the country? 
• How country is performing on parameters including economy, political, in terms of technology and demography?
• What is the impact of COVID-19 over the country and assessment of impact over the agriculture machinery industry?
• What is current scenario and future prospect of the Vietnam Agriculture machinery industry?
• What are the major crops of the country and production facts?
• How government is uplifting agriculture sector and key benefits for the agriculture machinery market.
• How industry is dealing with the current challenges and what are the driving forces?
• Who are the key players in the agriculture machinery market and how are they positioned?