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The market participants are developing advanced tractors and agricultural machinery to meet the evolving regulatory landscape.
Vietnam Agricultural Machinery Market Size
Vietnam Agricultural Machinery Market Growth
Vietnam Agricultural Machinery Market Share
Vietnam Agricultural Machinery Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Agricultural Machinery Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Agricultural Machinery Historical Market (2018-2023)
8.3 Asia Pacific Agricultural Machinery Market Forecast (2024-2032)
9 Vietnam Agricultural Machinery Market Overview
9.1 Key Industry Highlights
9.2 Vietnam Agricultural Machinery Historical Market (2018-2023)
9.3 Vietnam Agricultural Machinery Market Forecast (2024-2032)
10 Vietnam Agricultural Machinery Market by Product Type
10.1 Tractors
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Rice Transplanters
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Harvesting Machinery
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Haying and Forage Machinery
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Vietnam Agricultural Machinery Market by Region
11.1 Southeast
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Red River Delta
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Mekong River Delta
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 South Central Coast
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Trade Data Analysis (HS Code – 820840)
14.1 Major Exporting Countries
14.1.1 By Value
14.1.2 By Volume
14.2 Major Importing Countries
14.2.1 By Value
14.2.2 By Volume
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Kubota Corp.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 CLAAS KGaA GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Vietnam Engine and Agricultural Machinery Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Yanmar Holdings Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 CNH Industrial N.V.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 ISEKI & Co., Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Truong Hai Group Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 KUHN SAS
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Agricultural Machinery Market: Key Industry Highlights, 2018 and 2032
2. Vietnam Agricultural Machinery Market: Key Industry Highlights, 2018 and 2032
3. Vietnam Agricultural Machinery Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Vietnam Agricultural Machinery Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Vietnam Agricultural Machinery Historical Market: Breakup by Region (USD Million), 2018-2023
6. Vietnam Agricultural Machinery Market Forecast: Breakup by Region (USD Million), 2024-2032
7. Major Exporting Countries by Value
8. Major Importing Countries by Value
9. Major Exporting Countries by Volume
10. Major Importing Countries by Volume
11. Vietnam Agricultural Machinery Market Structure
The market is estimated to grow at a CAGR of 8.10% between 2024 and 2032.
The market is being driven due to rising cost of labour necessitating the demand for mechanisation in agriculture, favourable government policies and subsidies for agricultural modernisation, and innovative technologies such as GPS-guided tractors.
The key trends aiding the market include the growth of agribusiness in Vietnam, which includes investments from both local and international sources and rising mechanisation in Vietnam.
Regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
Based on product type, market segmentations include tractors, rice transplanters, harvesting machinery, and haying and forage machinery, among others.
The major players in the market are Kubota Corp., CLAAS KGaA GmbH, Vietnam Engine and Agricultural Machinery Corporation, Yanmar Holdings Co., Ltd., CNH Industrial N.V., ISEKI & Co., Ltd., Truong Hai Group Corporation, and KUHN SAS, among others.
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