Turkey Farm Equipment Market (2023-2029) | Trends, Industry, Segmentation, Share, Analysis, Growth, Size, Revenue, Value, Outlook & COVID-19 IMPACT

Turkey Farm Equipment Market | Country-Wise Share and Competition Analysis

In the year 2021, the Netherlands was the largest exporter in terms of value, followed by Germany. It has registered a growth of 106.88% over the previous year. While Germany registered a growth of 52.1% as compared to the previous year. In the year 2017, Germany was the largest exporter followed by Italy. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Turkey has a Herfindahl index of 2789 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  2097 which signifies moderately concentrated in the market.

Turkey Farm Equipment Market - Export Market Opportunities

Topics Covered in Turkey Farm Equipment Market Report

Turkey Farm Equipment Market report thoroughly covers the market by power output, drive type, function and equipment type. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Turkey Farm Equipment Market Synopsis

Turkey Farm Equipment Market is anticipated to grow in the forecast year. The growth of the market can be attributed to different factors such as technological advancements in agriculture, increasing demand for agricultural products and a rise in population. The rise in population has put immense pressure on farmers to use new technologies and equipment.

According to 6Wresearch, Turkey Farm Equipment Market size is anticipated to grow during 2023-2029. The Market is experiencing major growth in recent times. This growth can be attributed to various factors that are increasing the demand for farm equipment in Turkey. There is a need for mechanization in the agriculture sector for a reduction in the cost of labour and to increase crop yield. The rising population of the country and changing dietary habits are other major key factors for the growth of the market. The various Government initiatives to support sustainable agriculture have also played a vital role in driving the growth of the market. Certain challenges hamper the Turkey Farm Equipment Market Growth. The poor infrastructure of the rural area is a major challenge that persists in the market. The high cost of farm equipment is a significant challenge for the market as it limits the ability of small-scale farmers to purchase advanced machinery. The farmers also lack the technical expertise to operate modern farm equipment leading to a decrease in Turkey Farm Equipment Market Share.

COVID-19 Impact on Turkey Farm Equipment Market

Turkey Farm Equipment Industry was heavily impacted by the sudden outbreak of the Pandemic. There was a shortage of raw materials for the production of the raw materials due to disruptions in the supply chain and logistics. There was a reduction in the availability of labours on the farms due to the implementation of the social distancing measures by the government to curb the virus. Automation technology witnessed a major surge during the uncertain times of the pandemic as there was a requirement for less human intervention. The farmers adopted new distribution channels such as e-commerce platforms. The farmers of Turkey faced various challenges in crop management and access to their fields.

Turkey Farm Equipment Market: Key Players

These are the significant players in the market who offers a wide range of agricultural products such as tractors, Combines, Sprayers and balers to meet the demands of the farmers leading to an Increase in Turkey Farm Equipment Market Growth.

• TürkTraktör
• Erkunt Traktor
• Tümosan Motor ve Traktör Sanayi A.?.
• Hattat Holding
• Özdöken Tar?m
• Gübre Fabrikalar? T.A.?. (GÜBRETA?)

Market By Drive Type

According to Ravi Bhandari, Research Head, 6Wresearch on the basis of drive type, the market is segmented into Two-Wheel and Four-Wheel.  The two -wheel segment is expected to dominate the market as these are easy to operate.

Market By Function Type

On the basis of function type, the market is segmented into Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, Others. Plowing & Cultivating segment will dominate the market due to its use preparation of soil for sowing.

Market by Equipment Type

On the basis of Equipment Type, the Farm Equipment Market in Turkey is segmented into tractors, Combines, Sprayers, Balers, and Others. The tractor segment will dominate the market on the back of its wide availability of various models in the market.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Turkey Farm Equipment Market Outlook
• Market Size of Turkey Farm Equipment Market, 2022
• Forecast of Turkey Farm Equipment Market, 2029
• Historical Data and Forecast of Turkey Farm Equipment Revenues & Volume for the Period 2019 - 2029
• Turkey Farm Equipment Market Trend Evolution
• Turkey Farm Equipment Market Drivers and Challenges
• Turkey Farm Equipment Price Trends
• Turkey Farm Equipment Porter's Five Forces
• Turkey Farm Equipment Industry Life Cycle
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Power Output for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By <30 HP for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By 31??70 HP for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By 71??130 HP for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By 131??250 HP for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By >250 HP for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Drive Type for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Two-wheel for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Four-wheel for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Function for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Plowing & Cultivating for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Sowing & Planting for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Plant Protection & Fertilizing for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Harvesting & Threshing for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Equipment Type for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Tractors for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Combines for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Sprayers for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Balers for the Period 2019 - 2029
• Historical Data and Forecast of Turkey Farm Equipment Market Revenues & Volume By Others for the Period 2019 - 2029
• Turkey Farm Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Power Output
• Market Opportunity Assessment By Drive Type
• Market Opportunity Assessment By Function
• Market Opportunity Assessment By Equipment Type
• Turkey Farm Equipment Top Companies Market Share
• Turkey Farm Equipment Competitive Benchmarking By Technical and Operational Parameters
• Turkey Farm Equipment Company Profiles
• Turkey Farm Equipment Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments

By Power Output

• 30 HP
• 31“70 HP
• 71130 HP
• 131250 HP
• >250 HP

By Drive Type

• Two-Wheel
• Four-Wheel

By function Type

• Plowing & Cultivating
• Sowing & Planting
• Plant Protection & Fertilizing
• Harvesting & Threshing
• Others

By Equipment type

• Tractors
• Combines
• Sprayers
• Balers
• Others