The Global Agriculture, Construction, And Mining Machinery Manufacturing Market Is Expected To Grow To $969 Billion By 2021 According To TBRC’s Latest Report
The global agriculture, construction, and mining machinery manufacturing market was valued at around $860 billion in 2017. Asia Pacific was the largest region, accounting for nearly 45% market share in 2017
(EMAILWIRE.COM, July 19, 2018 ) The agriculture, construction, and mining machinery manufacturing industry comprises of establishments offering farm machinery and equipment, lawn and garden tractor, home lawn and garden equipment, construction machinery, mining machinery and equipment, and oil and gas field machinery and equipment manufacturing.
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The reasons for substantial growth of the market from $860 billion in 2017 to $969 billion by 2021 are continued worldwide expansion activity, growing population, exploration of shale oil and and rising per capital incomes.
The agriculture construction and mining machinery manufacturing market in The Business Research Company’s report is segmented into three segments, namely construction machinery manufacturing, agricultural implement manufacturing, and mining and oil and gas field machinery manufacturing. While the first segment accounts for more than half of the market share, the remaining share is attributed to the other two segments.
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China was the largest country in the agriculture, construction, and mining machinery manufacturing market in 2017, accounting for, nearly one-fifth of the market share. This was mainly due to the continuously improving infrastructure along with the government support favouring farm mechanization. China was followed by the USA and Japan as the next largest countries in the market.
Caterpillar Inc. was the largest competitor in the agriculture, construction, and mining machinery manufacturing market, followed by Deere & Company and CNH Industrial N.V. Caterpillar designs, develops, engineers, manufactures, markets and sells machinery, engines, financial products and insurance to customers via a worldwide dealer network. The company is headquartered in Peoria, Illinois, U.S and employs around 95,400 people globally.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
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Email: info@tbrc.info
Order the report at
https://www.thebusinessresearchcompany.com/report/agriculture-construction-and-mining-machinery-manufacturing-market-global-briefing-2018
The reasons for substantial growth of the market from $860 billion in 2017 to $969 billion by 2021 are continued worldwide expansion activity, growing population, exploration of shale oil and and rising per capital incomes.
The agriculture construction and mining machinery manufacturing market in The Business Research Company’s report is segmented into three segments, namely construction machinery manufacturing, agricultural implement manufacturing, and mining and oil and gas field machinery manufacturing. While the first segment accounts for more than half of the market share, the remaining share is attributed to the other two segments.
Download the sample of the report at
https://www.thebusinessresearchcompany.com/sample.aspx?id=708&type=smp
China was the largest country in the agriculture, construction, and mining machinery manufacturing market in 2017, accounting for, nearly one-fifth of the market share. This was mainly due to the continuously improving infrastructure along with the government support favouring farm mechanization. China was followed by the USA and Japan as the next largest countries in the market.
Caterpillar Inc. was the largest competitor in the agriculture, construction, and mining machinery manufacturing market, followed by Deere & Company and CNH Industrial N.V. Caterpillar designs, develops, engineers, manufactures, markets and sells machinery, engines, financial products and insurance to customers via a worldwide dealer network. The company is headquartered in Peoria, Illinois, U.S and employs around 95,400 people globally.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results