Reportlinker Adds Agricultural Equipment in China Report

NEW YORK, Oct. 1 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue.

Agricultural Equipment in China

http://www.reportlinker.com/p0131705/Agricultural-Equipment-in-China.html

Demand in China to grow 6.8% yearly through 2012

Demand for agricultural equipment in China is projected to increase 6.8 percent annually to 118.0 billion yuan in 2012, outpacing growth in most other parts of the world. Gains will be supported by healthy expansion of agricultural activity as agricultural mechanization efforts continue and income levels rise in rural areas. Increased government subsidies for agricultural equipment purchases and technological improvements in part due to sustained foreign direct investment will also contribute to product gains. In addition, a rise in demand for higher value large tractors, transplanters and computerized harvesting machinery will boost overall market value. However, advances will be constrained to some degree by short-term declines in agricultural product prices and improvements in the quality of domestically made equipment (reducing replacement demand). In addition, the reduced profitability of grain farming and the constant small size of household farms will prevent agricultural equipment demand from growing at a faster pace through 2012.

Tractors, harvesters, parts among best prospects

Tractors are the largest product category, accounting for 34 percent of overall Chinese agricultural equipment demand in 2007. Tractor demand will grow 7% annually through 2012, spurred by rising demand for large tractors from larger farms and collectives and increasing affordability of small tractors for household farms in China. In addition, improving technological capabilities, particularly for large tractors, will contribute to market advances in this category. Sales of parts and attachments will outpace those of agricultural equipment as a whole, driven by fast growth in agricultural equipment production and the rising use of large agricultural equipment. Demand for harvesting machines will also grow at an above average pace, stimulated by government subsidies aimed at promoting their use as well as purchases of higher priced combines. Sales of plowing and cultivating machines will grow at a healthy pace, fueled by government efforts to increase mechanized cultivating levels. Demand for planting and fertilizing machinery is projected to grow at a respectable rate, driven by higher priced transplanters and rising product replacement in large farms and collectives. Demand for other agricultural equipment — such as irrigation equipment, sprayers, separators, haying machines, milking machines and poultry-related equipment — will also grow at a solid pace, driven by fast growth in demand for meat and dairy products.

Study coverage

This new industry study, Agricultural Equipment in China, presents historical demand data (1997, 2002 and 2007) plus forecasts for 2012 and 2017 by product and regional market (e.g., Central-North, Northeast, Central-East). The study also considers market environment factors, assesses the industry structure, evaluates company market shares and profiles 35 industry participants.

TABLE OF CONTENTS

INTRODUCTION viii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

Economic Overview 5

Recent Economic Performance 6

Economic Outlook 9

Demographic Overview 11

Population 12

Urbanization 14

Currency Exchange Rates 16

Industrialization & Manufacturing Trends 19

Arable Land Outlook 21

Labor Force Productivity in Agriculture 24

Agricultural Sector Outlook 27

Agricultural Output 29

Agricultural Value Added 31

The Eleventh Five-Year Plan 33

III. OVERVIEW 37

Supply & Demand 37

Pricing Trends 39

Policies, Regulations & Standards 41

Product Development & Technology 43

International Environment 44

World Outlook 46

Foreign Trade 47

IV. PRODUCTS 50

General 50

Farm Tractors 53

Large Farm Tractors 55

Small Farm Tractors 57

Harvesting Machinery 59

Combine Harvesters 61

Other Harvesting Machinery 63

Plowing & Cultivating Machinery 65

Plowing Machinery 67

Cultivating Machinery 69

Planting & Fertilizing Machinery 71

Planting Machinery 73

Fertilizing Machinery 74

Other Agricultural Equipment 76

Seed Processing Machines 77

Irrigation Equipment 78

Haying Machines 80

Sprayers 81

All Other 82

Parts & Attachments 84

V. REGIONAL TRENDS 86

General 86

Regional Demographic & Economic Trends 89

Population Patterns 89

Economic Outlook 91

Regional Manufacturing Production Outlook 93

Regional Agricultural Outlook 94

Regional Arable Land 96

Regional Demand for Agricultural Equipment 98

Central-North 100

Overview 100

Agricultural Equipment Demand 102

Northeast 104

Overview 104

Agricultural Equipment Demand 107

Central-East 109

Overview 109

Agricultural Equipment Demand 111

Central-South 113

Overview 113

Agricultural Equipment Demand 115

Southwest 117

Overview 117

Agricultural Equipment Demand 119

Northwest 121

Overview 121

Agricultural Equipment Demand 123

VI. INDUSTRY STRUCTURE 126

General 126

Industry Composition 127

Market Share 130

Product Development & Manufacturing 132

Marketing & Distribution 134

Financial Issues & Requirements 136

Mergers & Acquisitions 137

Cooperative Agreements 138

Foreign Participation in the Chinese Market 139

Legal & Regulatory Issues 140

Joint Ventures 142

Wholly Owned Foreign Enterprises 144

Representative Offices 145

Company Profiles 146

Anhui Changjiang Agricultural Machinery Company 147

Changfa Group 148

Changzhou Dongfeng Agricultural Machinery Group 150

China National Harvester Machinery Corporation 151

Chinese Academy of Agricultural

Mechanization Sciences 152

Chishan Group Company Limited 154

Chongqing Hesheng Industry Company Limited 155

Deere & Company 156

Fiat SpA 158

First Tractor, see YTO Group

Foton Lovol International Heavy Industries Company 160

Guangxi Qinzhou Lishun Machinery Company Limited 161

Jiamusi Jialian Harvesting Machinery Company Limited 162

Jiangsu Jianghuai Engine Company Limited 162

Jiangsu Lianyungang Huaxuan Machinery Company 163

Jiangsu Tong Yang Machinery, see Tongyang Moolsan

Jiangsu World Agricultural Machinery, see WORLD Group

Jiangsu Yueda Yancheng Tractor Manufacturing Company 164

John Deere Jialian Harvester, see Deere

John Deere Ningbo Agricultural Machinery, see Deere

John Deere Tiantuo, see Deere

Kubota Corporation 166

Luoyang Sida Agricultural Machinery Company Limited 167

Nanning Wuling-Guihua Vehicle Company Limited 168

Nantong Liannong Agricultural Machinery Company 169

Ningbo Benye Tractor & Automobile Manufacture,

see Deere

Nonghaha Group 170

Shandong Changlin Machinery Group Company Limited 171

Shandong Dafeng Machinery Company Limited 172

Shandong Huaxing Group Company Limited 173

Shandong Jinyi Machinery Manufacture Company 174

Shandong Juming Group 174

Shandong Shifeng Group Company Limited 175

Shandong Wuzheng Group Company Limited 176

Shantuo Agricultural Machinery Equipment Company 177

Shijiazhuang Agricultural Machinery Company Limited 178

Tongyang Moolsan Company Limited 180

WORLD Group 181

Yanmar Company Limited 183

YTO Group Corporation 185

Zhejiang Sanlian Combine Manufacturing Company 187

Zhejiang Sifang Group Corporation 188

LIST OF TABLES

SECTION I — EXECUTIVE SUMMARY

Summary Table 3

SECTION II — MARKET ENVIRONMENT

1 Gross Domestic Product of China 11

2 Population of China 13

3 Urban Population in China by Region 16

4 Chinese Currency Exchange Rates, 1997-2007 18

5 Manufacturing Value Added in China 21

6 Arable Land Trends in China, 1997-2007 24

7 Labor Force Productivity in Agriculture in China 27

8 Selected Agricultural Product Output in China 31

9 Agricultural Value Added in China 33

SECTION III — OVERVIEW

1 Agricultural Equipment Supply & Demand in China 39

2 Selected Agricultural Equipment Pricing in China 41

3 World Agricultural Equipment Demand by Region 47

4 Chinese Foreign Trade in Agricultural Equipment 49

SECTION IV — PRODUCTS

1 Agricultural Equipment Demand in China by Type 52

2 Farm Tractor Demand in China 55

3 Large Farm Tractor Supply & Demand in China 57

4 Small Farm Tractor Supply & Demand in China 59

5 Harvesting Machinery Demand in China 61

6 Combine Harvester Supply & Demand in China 63

7 Other Harvesting Machinery Supply & Demand in China 65

8 Plowing & Cultivating Machinery Demand in China 67

9 Plowing Machinery Supply & Demand in China 69

10 Cultivating Machinery Supply & Demand in China 71

11 Planting & Fertilizing Machinery Demand in China 72

12 Planting Machinery Supply & Demand in China 74

13 Fertilizing Machinery Supply & Demand in China 75

14 Other Agricultural Equipment Demand in China 77

15 Seed Processing Machine Supply & Demand in China 78

16 Irrigation Equipment Supply & Demand in China 80

17 Haying Machine Supply & Demand in China 81

18 Sprayer Supply & Demand in China 82

19 All Other Agricultural Machinery

Supply & Demand in China 83

20 Agricultural Equipment Parts & Attachments

Supply & Demand in China 85

SECTION V — REGIONAL TRENDS

1 Population of China by Region 91

2 Gross Domestic Product of China by Region 92

3 Manufacturing Value Added in China by Region 94

4 Agricultural Value Added in China by Region 96

5 Gross Sown Area in China by Region 97

6 Agricultural Equipment Demand in China by Region 99

7 Central-North Region of China:

Agricultural Equipment Demand 104

8 Northeast Region of China:

Agricultural Equipment Demand 109

9 Central-East Region of China:

Agricultural Equipment Demand 113

10 Central-South Region of China:

Agricultural Equipment Demand 117

11 Southwest Region of China:

Agricultural Equipment Demand 121

12 Northwest Region of China:

Agricultural Equipment Demand 125

SECTION VI — INDUSTRY STRUCTURE

1 Revenue Data: Selected Agricultural Equipment

Companies, 2007 129

2 Selected Cooperative Agreements 139

LIST OF CHARTS

SECTION II — MARKET ENVIRONMENT

1 Population of China by Age, 1997-2017 14

2 Chinese Currency Exchange Rates, 1997-2007 18

SECTION IV — PRODUCTS

1 Agricultural Equipment Demand in China by Type, 2007 53

SECTION V — REGIONAL TRENDS

1 Agricultural Equipment Demand in China by Region, 2007 100

2 Central-North Region of China 102

3 Northeast Region of China 106

4 Central-East Region of China 111

5 Central-South Region of China 115

6 Southwest Region of China 119

7 Northwest Region of China 123

SECTION VI — INDUSTRY STRUCTURE

1 Agricultural Equipment Market Share in China

by Company, 2007 130

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Agricultural Equipment in China

http://www.reportlinker.com/p0131705/Agricultural-Equipment-in-China.html

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Nicolas Bombourg

Reportlinker

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