About Agricultural Equipment Finance
Equipment financing refers to the credit, including leasing, government loans, and other small business administration loans, which are disbursed to different businesses in the automotive, construction, agriculture, and other industries. It also includes sale and leaseback, which help individual customers raise cash for equipment purchase by selling off collateralized existing equipment.
The interest rate on the credit depends on whether a customer has opted for equipment loan or lease, but the maturity term depends on the equipment's life. In case of loan, once the credit is repaid, the instrument or machine belongs to the buyer. If it is leased, then the funder or the financial institution is the owner of the equipment, but the buyer can use it during the lease period.
Technavio’s analysts forecast the global agriculture equipment finance market to grow at a CAGR of 3.61% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global agricultural equipment finance market for 2016-2020. To calculate the market size, the report considers total financing of agricultural equipment offered to the end-users in the Americas, APAC, and EMEA.
Technavio's report, Global Agricultural Equipment Finance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Agricultural Bank of China Ltd.
• BNP Paribas SA
• JP Morgan & Chase Co.
• Deere & Co.
• Wells Fargo & Co.
Other prominent vendors
• KeyCorp
• PNC Financial Services Group
• Banc of America
Market driver
• Rise in use of rental equipment
• For a full, detailed list, view our report
Market challenge
• Lack of trained workers in agriculture
• For a full, detailed list, view our report
Market trend
• Increased dominance of banking institutions
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
• Other prominent vendors
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• About agriculture equipment finance
• Advantages and disadvantages of equipment finance
• Equipment offered on credit
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Geographical segmentation
• Geographical segmentation 2015
• Geographical segmentation 2020
• APAC
• Americas
• EMEA
PART 07: Market drivers
• Growth of investments in agricultural sector
• Rise in use of rental equipment
Replacement of outdated agricultural equipment
Stability in federal budgeting to drive growth in the US
Different finance mechanisms
Renewal of equipment contracts
PART 08: Impact of drivers
PART 09: Market challenges
Sluggish economic growth
Lack of trained workers in agriculture
Fluctuations in agricultural equipment market
Costlier bank lending rates
Less-developed equipment finance market
• Lack of collateral
PART 10: Impact of drivers and challenges
PART 11: Market trends
• Increased dominance of banking institutions
• Movement of assets through asset-based lending
• Farmers' special financing program in the US
PART 12: Vendor landscape
• Competitive landscape
• Competition analysis
PART 13: Appendix
• List of abbreviations
PART 14: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Other prominent vendors
Exhibit 03: Advantages and disadvantages of equipment finance
Exhibit 04: Types of agricultural equipment offered by financiers on credit
Exhibit 05: Equipment financing versus leasing
Exhibit 06: Types of equipment financing
Exhibit 07: Global agriculture equipment finance market 2015-2020 ($ billions)
Exhibit 08: Five forces analysis
Exhibit 09: Geographical segmentation 2015
Exhibit 10: Geographical segmentation 2020
Exhibit 11: Agriculture equipment finance in APAC 2015-2020 ($ billions)
Exhibit 12: Level of mechanization in different countries (2015)
Exhibit 13: Different financing mode 2015-2020 in APAC
Exhibit 14: Agriculture equipment finance market in the Americas 2015-2020 ($ billions)
Exhibit 15: Agriculture equipment finance market in EMEA 2015-2020 ($ billions)
Exhibit 16: Impact of drivers
Exhibit 17: Agricultural employment as a share of total employment (%) 2015
Exhibit 18: Impact of drivers and challenges
Exhibit 19: Farm loan information in the Americas
Exhibit 20: Financials of Agricultural Bank of China 2015
Exhibit 21: Solutions offered in domestic market
Exhibit 22: Financials of BNP Paribas 2015
Exhibit 23: Financials of chase equipment finance 2015
Exhibit 24: Financials of John Deere 2015
Exhibit 25: Financials of Wells Fargo 2015
