Market Share of China Agricultural Machinery Industry
In the Chinese agricultural machine market, companies are competing based on equipment quality and promotion and are also focused on strategic moves to gain higher market shares. New product launches, partnerships, and acquisitions are the major strategies being adopted by leading companies in the market studied. The Chinese agricultural machine market is fragmented in nature. The top five domestic manufacturers account for less than 25% of the market. Major Chinese agricultural equipment companies include First Tractor, the YTO Group, and Changzhou Dongfeng Agricultural Equipment.
China Agricultural Machinery Market Leaders
-
YTO Group Corporation
-
AGCO Corporation
-
Weichai Power Co. Ltd
-
CNH Industrial NV
-
Changfa Agricultural Equipment Co.,Ltd
*Disclaimer: Major Players sorted in no particular order
