Ken Research - Germany Agricultural Machinery Market Research Rep

Germany Agricultural Machinery Market
Research Report
Agricultural Machinery in Germany industry profile provides top-line qualitative and
quantitative summary information including: market size (value and volume 2010-14, and
forecast to 2019). The profile also contains descriptions of the leading players including key
financial metrics and analysis of competitive pressures within the market. Essential resource for
top-line data and analysis covering the Germany agricultural machinery market. Includes market
size and segmentation data, textual and graphical analysis of market growth trends, leading
companies and macroeconomic information.
For the purposes of this profile, the Agricultural Machinery Market consists of sales of new
tractors, above and below 50 HP, and new combine harvesters, valued at MSP. All currency
conversions were calculated at constant average annual 2014 exchange rates.
The German agricultural machinery market had total revenues of USD 3,267.4m in 2014,
representing a compound annual growth rate (CAGR) of 10.3% between 2010 and 2014.
Market consumption volume increased with a CAGR of 7.8% between 2010-2014, to reach a
total of 36.4 thousand units in 2014.
The European Union's Common Agricultural Policy plans a EUR8.3 bn (USD 11.1 bn)
investment in German agriculture over the 2014-2020 period, which may permit more spending
on agricultural machinery than is predicted from past performance.