Japan Agricultural Machinery Market Size - By Product Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Japan Agricultural Machinery Market Size - By Product Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Japan Agricultural Machinery Market Overview

According to SPER Market Research, the Japan Agricultural Machinery Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%. During the forecast period, the market for agricultural machinery in Japan is anticipated to grow. Small-scale farming on terraces gives Japan's agricultural output one of the highest crop yields per unit area in the world. Nonetheless, the nation's agricultural self-sufficiency rate only accounts for around half of its total need, with imports covering the balance. Increasing production is necessary to achieve self-sufficiency. The government favors small-scale farming over large-scale agriculture in Japan, and the country's agricultural sector is extensively protected and encouraged, which helps the market for agricultural equipment flourish.

Impact of COVID-19 on the Japan Agricultural Machinery Market

The COVID-19 pandemic had a direct impact on the market because of the strict lockdown requirements that had an impact on the supply chain in the farm machinery industry. Yet, according to industry analysts, precision agriculture may experience an exponential expansion after COVID-19, allowing farmers and the food business achieve greater and more sustainable yields. As a result, in the upcoming years, this is probably going to increase demand for agricultural gear.

Scope of the report:

Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type
Regions covered Chubu, Chugoku, Hokkaido, Kyushu, Shikoku, Tohoku
Companies Covered Deere & Company, Iseki & Co. Ltd, Kubota Corporation, Mitsubishi Mahindra Agricultural Machinery Co. Ltd, Yanmar Co. Ltd

Japan Agricultural Machinery Market Segmentation:

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.