Japan Agriculture Machinery Market

Japan Farm Machinery Market Trends, Industry Share, Growth Drivers, Key Manufacturers, Challenges, Opportunities and Future Outlook 2033: SPER Market Research

Agricultural machinery is any mechanical tool or vehicle used in farming or other agricultural operations. There are many different kinds of agricultural equipment, such as tractors, harvesters, hay and forage machines, power tools, and other equipment that makes farming easier to operate. Growing mechanization of farming tasks like planting, tilling, harrowing,   Plowing, and harvesting is expected to increase demand for agricultural equipment and drive expansion in the Japan agriculture machinery market. The demand for agricultural machinery is expected to rise as a result of the benefits of employing mechanical equipment like harvesters, tractors, and other instruments, including increased production, less interactions with people and shorter processing times.

According to SPER market research, Japan Agriculture Machinery Market Size- By Type, By Automation, By End user- Regional Outlook, Competitive Strategies and Segment Forecast to 2033 state that the Japan Agriculture machinery market is predicted to reach USD XX billion by 2032 with a CAGR of 2.44%.

The agricultural industry in Japan has changed as a result of the adoption of cutting-edge technology like automation, Internet of Things, and precision farming. The implementation of sophisticated equipment equipped with GPS, sensors, and data analytics has enabled accurate approaches for planting, watering, and harvesting. Furthermore, Japan’s requirement for sophisticated agricultural technology has increased due to the country’s rising emphasis on sustainable farming methods and the necessity of addressing workforce shortages. As a result, the market for agricultural machinery in Japan is growing due to technical breakthroughs and their revolutionary effects on the farming industry.

The agricultural machinery market in Japan has faced significant obstacles recently, which might have impacted its growth trajectory. As fewer young people opt to work in agriculture, the demand for machinery remains static, limiting market expansion. Furthermore, limited land availability limits the scope of large-scale farming operations, which reduces the need for sophisticated technologies. Furthermore, because of the limitations imposed by stringent environmental sustainability and noise pollution regulations, businesses must invest in innovative and environmentally friendly solutions.

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The farm machinery market in Japan was greatly affected by the COVID-19 outbreak. Reduced consumer demand, workforce shortages, and supply chain disruptions all caused market disruptions. Access to machinery was a problem for farmers, which affected their output overall and productivity. But as the pandemic slowly fades, the market is slowly rebounding as regulations are loosened. By embracing digital technologies and looking for creative ways to address the changing demands of Japan’s agriculture sector, the industry is adjusting to the new normal.

Japan Agriculture Machinery Market Key Players:

Because of its good services it is used in various purposes. Eastern Region, accounted for the biggest revenue share geographically. The expansion is also being aided by the growth of Southern Region Japan Agriculture Machinery market and the rise in major players in the Western Region, Northern Region market. Additionally, it is anticipated that the growing adoption of Agriculture Machinery assisted operations with least challenging processes and increases power of the market.  Additionally,  AGCO Corp, Agrale, CNH Industrial NV, Deere and Company, Kubota Corporation, Others.

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Japan Agriculture Machinery Market Scope

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Japan-Agriculture-Machinery-Market

Japan Agriculture Machinery Market Size to growing at a CAGR of 2.44%, Upcoming Trends, Growth, Business Opportunities with Manufacturers Analysis and Future Strategies till 2023- 2033: SPER Market Research

Agricultural machinery is a broad category of mechanical devices, equipment, and vehicles used to help with various farming and agricultural operations. These machines are critical in the modernization and enhancement of agricultural processes. Tractors and plows are used for soil preparation, seeders and planters are used for crop planting, harvesters and threshers are used for grain gathering, and irrigation systems are used for effective water management.

According to SPER market research, Japan Agriculture Machinery Market Size- By Type, By Automation, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Japan Agriculture Machinery  Market is predicted to reach USD XX billion by 2033 with a CAGR of 2.44%.

The growth factors of the Japan Agriculture Equipment Market are numerous and can be attributed to a number of major elements. In terms of benefits, the tractor is one of the most important pieces of farm machinery utilized by the majority of farmers. In Japan, tractor use is expanding in comparison to other agricultural equipment. According to the Japan Tractors & Farm Machinery Manufacturers Association, total agriculture machinery production in 2020 is expected to exceed USD 3734.78 million. Tractors account for 57% of the total value of agricultural machinery.

Furthermore, rice is Japan’s most significant crop, accounting for around 47% of agricultural output value each year. Because rice is the most mechanized crop in the country, agricultural equipment, particularly tractors, is commonly used.

The Japan Agricultural Machinery Market faces a number of severe challenges despite technical developments and strong production standards. The aging farming population, with a growing percentage of farmers over the age of 65, is a significant source of worry. This generational shift raises questions about whether traditional farmers would adopt contemporary tools and technologies because they may be resistant to change. Furthermore, it is impossible to deploy large-scale machinery widely due to the lack of arable land and the dispersion of land ownership. Another barrier is the high price of agricultural equipment, which prevents smaller farmers from making investments in cutting-edge equipment.

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The COVID-19 pandemic has had a significant impact on Japan’s Farm Equipment Market. In the early phases, delays in the delivery of essential parts and equipment were brought on by interruptions in global supply chains and logistics of transportation. Restrictions and lockdown measures also hindered manufacturing and industry, lowering output. Demand decreased as a result of many farmers delaying or rethinking purchases of new equipment due to market uncertainties.

Geographically, The Japanese market for agricultural machinery displays a dynamic landscape with considerable regional variations. The agricultural industry of the nation is distinguished by the adoption of cutting-edge technology, effective farming methods, and a significant focus on precision agriculture. Due to the abundance of available land and the emphasis on cereal crops, large-scale mechanical farming is common in the northern regions like Hokkaido, regarded as the “breadbasket” of Japan. Due to this, demand for tractors, cutting-edge planting equipment, and combine harvesters has increased. Additionally, some of the market key players are AGCO Corp, Agrale, CNH Industrial NV, Deere and Company, Kubota Corporation, Kukie Machinery Company Limited, Messey Ferguson, Yanmar Company Limited, Others.

Japan Agriculture Machinery Market Segmentation:

By Type: Based on the Type, Japan Agriculture Machinery Market is segmented as; Agriculture Spraying Equipment, Harvesters, Hay & Forage Machines, Irrigation & Crop Processing, Soil Preparation & Cultivation, Tractors.

By Automation: Based on the Automation, Japan Agriculture Machinery Market is segmented as; Automatic, Semi-Automatic, Manual.

By End User: Based on the End User, Japan Agriculture Machinery Market is segmented as; Aftersales, Original Equipment Manufacturers.

By Region: This research also includes data for Eastern Region, Southern Region, Western Region, Northern Region.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Japan Farm Equipment Market Revenue

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Japan-Agricultural-Machinery-Market

Japan Agriculture Machinery Market Share, Growth Drivers, Analysis by Business Opportunities, Emerging Trends and Future Outlook to 2022-2032: SPER Market Research

According to SPER Market Research, Throughout the forecast period, it is expected that the Japanese agricultural machinery market will expand. Japan’s agricultural output has one of the highest crop yields per unit area in the world because terraces are used for farming in small spaces. Nonetheless, the nation’s agricultural self-sufficiency rate only covers around half of its entire need, with the remaining portion being met by imports. Productivity needs to rise in order to achieve self-sufficiency. Although the government favours small-scale farming over industrial farming, the agricultural industry in Japan is extensively protected and subsidized, which helps the market for agricultural equipment to expand. As the Asia-Pacific nation with the highest amount of agricultural mechanization, Japan is well known for this fact. Japan, a nation with extensive industrialization, has a fully developed market for agricultural equipment. The Japanese agriculture equipment market is anticipated to soar during the projected period, nonetheless, in order to completely utilize the limited arable land and boost productivity. Japan works to make the best use of its agricultural land possible in order to support its people, along with a low level of arable land.

Japan Agricultural Machinery Market Overview (2022-2032)

  • Forecast CAGR (2022-2032): XX%
  • Forecast Market Size (2032): XX billion

Farm machinery helps the country’s farmers, who have limited resources, enhance production. In addition, as the amount of farmland that has been abandoned has increased, Japan has recently encountered difficulties in this area. It will be challenging for Japan to recruit substitutes to perform agricultural tasks in the future as the country’s farming population is aging quickly. For Japan to replace farm labor, mechanization of agriculture became crucial. Moreover, self-sufficiency can be attained with the aid of agricultural machinery that minimizes waste. For instance, equipment like combine harvesters helps to prevent grain waste during harvesting and contributes to satisfying the nation’s food needs. Thus, the higher consumption encourages higher productivity, which lowers crop loss.

Impact of COVID-19 on the Japan Agricultural Machinery Market  

Due to strict lockdown requirements that affected the farm machinery industry’s supply chain, the COVID-19 pandemic had a direct influence on the market. Precision agriculture, according to industry analysts, might experience an exponential growth after COVID-19 in order to assist farmers and the food business in achieving greater and more sustainable yields. As a result, the demand for agricultural machinery is projected to increase in the upcoming years.

Most farmers utilize the tractor as one of their main pieces of farm equipment. Compared to other agricultural gear, the use of tractors is rising in Japan. The ongoing pandemic circumstances led to a small drop in production and purchases. Significant factors driving the increase in tractor sales include a lack of labour, rising labour prices, supportive government policies, finance availability, and the need to boost agricultural production. The most significant crop in Japan is rice. Since rice is the most mechanized crop in the nation, tractors are used more frequently than other pieces of agricultural equipment since they are the main tools used in cultivation. Also, since they increase farming productivity compared to conventional tractors, driverless tractors are anticipated to become increasingly common in the coming years. By creating technology like autonomous tractors, the Ministry of Agriculture, Forestry, and Fisheries of Japan hopes to lower the cost of producing rice. Government funding so encourages the use of autonomous tractors, increasing sales of the tractor during the anticipated period.

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Japan Agriculture Equipment Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Product Type: Based on the Product Type, Japan Agricultural Machinery Market is segmented as; Harvesting Machinery (Balers, Mowers, Other Harvesting Machinery), Haying Machinery, Irrigation Machinery, Planting Machinery (Planters, Seed Drills, Spreaders, Other Planting Machinery), Ploughing and Cultivating Machinery (Cultivators and Tillers, Harrows, Ploughs, Other Ploughing and Cultivating Machinery), Tractors (Compact Utility Tractor, Row Crop Tractor, Utility Tractor, Other Tractor).

By Region: This report also provides the data for key regional segments of Chubu, Chugoku, Hokkaido, Kyushu, Shikoku, Tohoku.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

Japan Agricultural Machinery Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Deere & Company, Iseki & Co. Ltd, Kubota Corporation, Mitsubishi Mahindra Agricultural Machinery Co. Ltd, Yanmar Co. Ltd.

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Japan Agriculture Equipment Market Demand

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