Indonesia Agriculture Equipment Market

Introduction of the Indonesia Agriculture Equipment Market Report

Agriculture equipment refers to any machinery that is used on a farm to help with different types of farming activities. They are preferred in organic as well as non-organic farming and is increasing the efficiency of the farm. The Indonesia agriculture equipment market covers numerous types of applications such as land development & seedbed preparation, sowing & planting, weed cultivation, plant protection, post-harvest & agro processing, and harvesting & threshing.

To have an edge over the competition by knowing the market dynamics and current trends of “Indonesia Agriculture Equipment Market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

Indonesia is one of the leading producers of a wide variety of agricultural tropical products. One of the significant factors that is surging the growth of the Indonesia agriculture equipment market includes the rising adoption of modern technologies among the farmers to enhance the quality of farm yield. Moreover, the increasing rate of population has further surged the demand for food in the country, which in turn, is boosting the demand of the Indonesia agriculture equipment market size.

Numerous types of advanced farming machinery, such as spraying equipment, crop processing equipment, and harvesters, and irrigation equipment, are increasingly adopted in various processes to enhance the crop output and overall quality. In 2019, the Ministry of Agriculture (MOA) introduced the Upsus Pajale Program to surge the production of rice and maize, thus increasing the productivity of farmers. The government has also assigned the state-owned enterprise (SOE) Bulog, the National Logistics Agency, to enhance the rice procurement systems at the field. Additionally, in 2017, the government of Indonesia disbursed around USD 4.5 billion directly to 115,000 villages across the country for rural investment and rural development in general. In 2021, the government announced the plan to increase national production of local agriculture machinery and has prepared a budget amounting to USD 538 million for machinery development in Indonesia. Thus, the rising focus on the development of rural areas is further boosting the demand for the farm equipment market in Indonesia.

For detailed scope of the “Indonesia Agriculture Equipment Market” report request a Sample Copy of the report

Restraint in the Indonesia Agriculture Equipment Market

On the other hand, the high cost of advanced machinery, such as complex mechatronic systems that require specialized manufacturing and assembling processes, is a significant factor that will hinder the growth of the farm equipment market share in Indonesia.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

The tractor is one of the most popular agriculture equipment which is witnessing strong demand in Indonesia. It is considered as an important farm machinery equipment that is used for various activities such as standalone equipment and in tandem with other implements. Harvester is another equipment that is increasingly used by the farmers as it helps in increasing productivity and decreases the dependency on farm labor. This type of equipment is used for land development and seedbed preparation.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here 

Key questions answered in this research report:

• • At what pace is the Indonesia agriculture equipment market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Indonesia agriculture equipment market? What will be the impact of drivers and restraints in the future?
  • What are the various areas of the Indonesia agriculture equipment market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?