UAE Agriculture Equipment Market Introduction and Overview
According to SPER Market Research, the UAE Agriculture Equipment Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the UAE Agriculture Equipment Market, including market size and trends, product mix, Applications and supplier analysis. Tools used by farmers to carry out agricultural tasks are referred to as agriculture equipment. These instruments aid in facilitating farmers' job and lessen the demand for human labour. Due to the labour scarcity brought on by urbanisation, there is a growing requirement for agricultural equipment. Utilising agricultural machinery speeds up the process of getting the most crop yield possible. Additionally, the need of labourers is decreased by the mechanical and semi-automatic machinery, which contributes to cost savings.
- February 2022: The government has launched a number of programmes to support the agricultural industry. The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), for instance, provided discounts on agricultural supplies such seeds, fertilisers, greenhouse equipment, and farming equipment in February 2022. These reductions were given on agricultural commodities such seeds, fertiliser, greenhouse equipment, farming equipment, and products were often used to prevent illness before harvest. This was done in association with domestic and foreign partners as well as manufacturers of agricultural equipment.
- November 2020: Another element affecting the agricultural sector is the increase in Agri-Tech businesses in the area. For instance, the Pure Harvest Smart Farms, FreshTo Home, and Nanoracks Agri-Tech firms received incentives from the Abu Dhabi Investment Office (ADIO) in November 2020.
Market Opportunities and Challenges
The country's rising demand for agricultural and food items is blamed for the market expansion. In order to meet the nation's expanding need for food, farmers have been obliged to employ cutting-edge technologies and approaches in their agricultural practises. Because there is less need for human and animal labour in agriculture now than there once was, a variety of equipment is becoming more and more necessary. The government is encouraging farmers to adopt technologically sophisticated farming equipment and is spending a lot of money on the sector, which is boosting market expansion. Other determining factors driving the market potential of the farm equipment market in the UAE for the plant protection and fertilising division are the rising acceptance of agriculture technology and product launches with the most up-to-date technical features.
But there are still a number of problems in the UAE agriculture equipment sector. Rapid urbanisation is impeding market expansion. The market expansion throughout the projection period has been held down by the loss of arable land that may be used for growing crops as a result of the growing urbanisation. Additional barriers to the adoption of agricultural equipment, particularly for low-income farmers, is expected to be the high initial cost of such equipment. One of the new revenue sources for market growth to overcome such obstacles is anticipated to be the rental industry.
Market Competitive Landscape
The major players in the UAE Agriculture Equipment Market include: Agromont Industrial Group, Claas KGaA, Galadari JCB, Kubota Corporation, Others. In order to strengthen their market positions in the agriculture equipment market, the leading players are now focusing on putting tactics like new technology adoption, product innovations, mergers and acquisitions, joint ventures, alliances, and partnerships into practise.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Function, By Application Period
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| Regions covered | Eastern Region, Southern Region, Western Region, Northern Region
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| Companies Covered | Agromont Industrial Group, Claas KGaA, Galadari JCB, Kubota Corporation, Others |
COVID-19 Impact on UAE Agriculture Equipment Market
The market for agriculture equipment in the UAE was negatively impacted by the COVID-19 outbreak. Agriculture operations were stopped as a result of the viral epidemic and its exponential growth. Trade barriers and supply chain constraints had a negative effect on the demand for farm equipment. Further reducing the market's size was the fact that farmers held off on purchasing expensive machinery due to regulatory uncertainty.
Key Target Audience:
- Agricultural Contractors
- Agricultural Cooperatives
- Agricultural Machinery Dealers and Distributors
- Equipment Rental Companies
- Farmers and Agricultural Enterprises
- Government Agencies and Agricultural Institutions
- Industry Associations and Trade Shows
- Others
Our in-depth analysis of the UAE Agriculture Equipment Market includes the following segments:
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By Type:
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Combines
Planters
Plows
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By Function:
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Harvesting & Threshing
Plant Protection & Fertilizing
Plowing & Cultivation
Sowing & Planting
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By Application Period:
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Pre-Harvesting
During & Post-Harvesting Telephone
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Key Topics Covered in the Report:
- UAE Agriculture Equipment Market Size (FY’2023-FY’2033)
- Overview of UAE Agriculture Equipment Market
- Segmentation of UAE Agriculture Equipment Market By Type (Combines, Planters, Plows, Sprayers, Others)
- Segmentation of UAE Agriculture Equipment Market By Function (Harvesting & Threshing, Plant Protection & Fertilizing, Plowing & Cultivation, Sowing & Planting, Others)
- Segmentation of UAE Agriculture Equipment Market By Application Period (Pre-Harvesting, During & Post-Harvesting Telephone)
- Statistical Snap of UAE Agriculture Equipment Market
- Expansion Analysis of UAE Agriculture Equipment Market
- Problems and Obstacles in UAE Agriculture Equipment Market
- Competitive Landscape in the UAE Agriculture Equipment Market
- Impact of COVID-19 and Demonetization on UAE Agriculture Equipment Market
- Details on Current Investment in UAE Agriculture Equipment Market
- Competitive Analysis of UAE Agriculture Equipment Market
- Prominent Players in the UAE Agriculture Equipment Market
- SWOT Analysis of UAE Agriculture Equipment Market
- UAE Agriculture Equipment Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the UAE Agriculture Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. UAE Agriculture Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UAE Agriculture Equipment Market
7. UAE Agriculture Equipment Market, By Type (USD Million)
7.1. UAE Agriculture Equipment Market Value Share and Forecast, By Type, 2023-2033
7.2. Combines
7.3. Planters
7.4. Plows
7.5. Sprayers
7.6. Others
8. UAE Agriculture Equipment Market, By Function (USD Million)
8.1. UAE Agriculture Equipment Market Value Share and Forecast, By Function, 2023-2033
8.2. Harvesting & Threshing
8.3. Plant Protection & Fertilizing
8.4. Plowing & Cultivation
8.5. Sowing & Planting
8.6. Others
9. UAE Agriculture Equipment Market, By Application Period (USD Million)
9.1. UAE Agriculture Equipment Market Value Share and Forecast, By Application Period, 2023-2033
9.2. Pre-Harvesting
9.3. During & Post-Harvesting Telephone
10. UAE Agriculture Equipment Market Forecast, 2019-2033 (USD Million)
10.1. UAE Agriculture Equipment Market Size and Market Share
11. UAE Agriculture Equipment Market, By Type, 2019-2033 (USD Million)
11.1. UAE Agriculture Equipment Market Size and Market Share By Type (2019-2026)
11.2. UAE Agriculture Equipment Market Size and Market Share By Type (2027-2033)
12. UAE Agriculture Equipment Market, By Function, 2019-2033 (USD Million)
12.1. UAE Agriculture Equipment Market Size and Market Share By Function (2019-2026)
12.2. UAE Agriculture Equipment Market Size and Market Share By Function (2027-2033)
13. UAE Agriculture Equipment Market, By Application Period, 2019-2033 (USD Million)
13.1. UAE Agriculture Equipment Market Size and Market Share By Application Period (2019-2026)
13.2. UAE Agriculture Equipment Market Size and Market Share By Application Period (2027-2033)
14. UAE Agriculture Equipment Market, By Region, 2019-2033 (USD Million)
14.1. UAE Agriculture Equipment Market Size and Market Share By Region (2019-2026)
14.2. UAE Agriculture Equipment Market Size and Market Share By Region (2027-2033)
14.3. Eastern Region
14.4. Southern Region
14.5. Western Region
14.6. Northern Region
15. Company Profile
15.1. Agromont Industrial Group
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Claas KGaA
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Galadari JCB
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Kubota Corporation
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
