[Report] AGRICULTURAL IMPLEMENTS & MACHINERY Market Research TOC

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Focus On Select Products I-4
Farm Tractors I-4
Garden Tractors I-4
Implements I-4
Tillage Implements I-4
Harvesters I-4
Combines I-4
Cultivators I-4
Spreaders I-5
Planters I-5
Hay/Forage Tools I-5
Sprayers I-5

II. EXECUTIVE SUMMARY

1. Market Dynamics II-1

Outlook II-1
Table 1: Leading Players in the World Market for Agricultural Equipment (2003 & 2005(E)): Percentage Breakdown of Value Sales by Company for Deere & Co, CNH Global, AGCO, and Others (includes corresponding Graph/Chart) II-2
Developments in Agri Technology II-2
State-of-the-Art Technology for Tractors II-2
Safe and Economical Equipment II-3
Autonomous Agricultural Equipment II-3
Assisted Steering System: A Way to Enhance Productivity II-4
Tractor Powered by Solar Energy II-5
Global Trends II-5

2. Market Structure II-7

Overview II-7
Development and Progress II-7
Farming Practices II-7
Large-Scale, Capital-Intensive Farming II-7
Medium-Scale Farming II-7
Small-Scale Farming II-8
Economics of Agricultural Machinery II-8
Market Players and Structure II-8
Case-New Holland Merger II-9
Competitive Scenario in the Recent Past II-10
Table 2: Global Market Shares of Agricultural Equipment Companies: 2002 - Deere & Co, CNH Global, AGCO, Kubota Corp, Caterpillar / Claas and Others (includes corresponding Graph/Chart) II-10
Table 3: Shares of Global Agricultural Equipment Companies: 2000 & 2001 - Deere & Co, CNH Global, AGCO, Kubota Corp, Caterpillar / Claas and Others (includes corresponding Graph/Chart) II-11

3. Product Overview II-12

Agricultural Equipment II-12
Farm Tractors II-12
Garden Tractors II-12
Implements II-12
Tillage Implements II-12
Harvesters II-13
Combines II-13
Cultivators II-13
Spreaders II-13
Planters II-13
Hay/Forage Tools II-13
Sprayers II-13
History of Agriculture II-13
Structure and Evolution of the Industry II-14
Agricultural Problems II-14
Solutions II-14
Developing Nations Vs Developed Nations II-14
Agricultural Revolution II-14
Economic Importance II-15
Cereals II-15
Roots & Tubers II-15
Pulses II-15
Oil Crops II-15
Plantation Crops II-15
Agriculture in Urban Areas II-15
Millions Engaged in Agriculture II-16

4. Product Innovations/Introductions II-17

CLAAS Launches New Production Line II-17
Frontier Unveils Three-Point Hay Attachments II-17
John Deere Introduces New Compact Utility Tractors II-17
John Deere Unveils New 3203 Compact Utility Tractor II-17
John Deere Launches New Class of Riding Lawn Equipment II-17
John Deere Unveils New 4930 Self-Propelled Sprayer II-17
Massey Ferguson Launches New Specialty Tractors II-18
Caterpillar Unveils Harvesting Machine II-18
CLASS Introduces New LEXION 500 Series II-18
CLASS Offers QUADRANT 2100 II-18
John Deere Launches the 60 Series Combines II-18
John Deere Develops New Wheel Loaders II-18
John Deere Introduces New 4920 Self-Propelled Sprayer II-19
John Deere Launches New Space Planter II-19
John Deere Unveils a New Round Baler II-19
John Deere Offers Map-Based Variable Rate Fertilizers II-19
John Deere Presents New 700 Series Center-Pivot Mower-Conditioners II-19
John Deere Releases 600 Series Platforms II-19
John Deere Introduces New 140- TO 170-HP 7020 Series Tractors II-19
Valtra Launches New M Series II-20
Kubota Launches Two New B7800HSD and M4800SU Compact Tractors II-20
Volvo Launches New VN Series of Class 8 Highway Tractors II-20
Rostselmash Exports Modified Harvesters to Iraq II-20
Deere Introduces 20-Foot 1560 No-till Drill II-21
John Deere Launches 7000 Series Self-Propelled Forage Harvesters II-21
CNH Unveils Higher Powered Tractors II-21
Deere Launches 1770NT MaxEmerge®Plus Planter II-21
AGCO Adds LT, RT and DT Series II-21
Caterpillar Updates D7R Series II Track-Type Tractor II-21
John Deere Presents JDLink™Machine Messenger II-22
John Deere Introduces 6015 Tractors II-22
John Deere Launches 1790 Front-Fold Planter II-22
John Deere Adds 1690 and 1690 CCS Soybean Specials to Seeding Line II-22
John Deere Uncovers New 1895 No-Till Air Drill II-22
John Deere Unveils New LX Series II-22
John Deere Adds New CX-15 and HX-15 to Rotary Cutters Range II-23
John Deere Introduces Latest 1910 Commodity Air Cart II-23
John Deere Launches New Generation No-Till Drills II-23
John Deere Releases New Models of Lawn and Garden Tractors II-23
John Deere Adds New Tractors to 2002 GT Series II-23
John Deere Presents Three Sabre Models II-23
John Deere Adds New Tractors to Spin-Steer Technology™Lawn Tractor Series II-23
John Deere Uncovers Premium GX300 Series II-24
John Deere Presents New 1600 Turbo Wide-Area Mower II-24
TAFE Introduces the "Gajraj" 60 HP Tractor II-24
John Deere Offers 2210 Compact Utility Tractors (CUT) II-24
John Deere Presents Five New Lawn and Garden Tractors II-24
John Deere Adds Fast-Unloading Grain Carts to Frontier Equipment Range II-24
Caterpillar Launches Four New Challenger MT800 Series Tractors II-25
John Deere Launches New Line of Tractors II-25
United Tractors Launches Komatsu PC 200-7 Galeo II-25
Valtra Launches New Large Tractors II-25
John Deere Presents the New Steering System II-25
John Deere Uncovers New 9020 and 9020t Tractors II-26
John Deere Releases the 4895 Self-Propelled Windrower and 895 Platforms II-26
John Deere Introduces New 6003 Series Tractors II-26
John Deere Launches New 1400 Series Front Movers II-26
Valtra Introduces EcoPower II-26
TAFE Launches Samrat 4410 II-26
AGCO Introduces AGCO® Tractor Line II-27
Caterpillar Launches Lexion 475 II-27
New Holland Tractors Introduces New Ford 3230 II-27
AGCO Launches AGCO ST II-27
Kubota Expands Product Lines II-28
CNH Launches Axial Flow 2388 Model Harvester in Brazil II-28
Kubota Introduces L4300 Compact Tractor II-28
AGCO Launches FENDT Vario Series in North America II-28
Mahindra & Mahindra Introduces Arjun 605 DI II-28
Rostselmash Develops New Model Grain HarvestersDon-091 and Don-1500B II-28
CNH Global Introduces STX Steiger Series of Tractors II-28
VST Tiller Tractors Launches Rice Transplanters II-29
Eicher Introduces 61-HP Tractor II-29

5. Recent Industry Activity II-30

Echo Acquires Agricultural Products II-30
AGCO Corp. From Joint Venture in Russia II-30
Deere & Company Acquires Roberts Irrigation Products II-30
McCormick Mergers with Landini to Form Argo Tractors II-30
GEHL to Divest Agricultural Implement Business Lines II-30
Thomas Equipment Inc Acquires Pneutech Inc. II-30
CNH Reorganizes and Restructures Business Operations II-31
M&M Inks Export Agreement with Pakistani-Group II-31
Zimplow to Take Over Willsgrove II-31
Norwegian Companies to Venture into Balkan Region II-31
Eicher Motors Sells Tractor Business to TAFE II-31
Agromash to Restructure Manufacturing Units II-31
Alamo Group (EUR) Ltd Takes Over Rousseau Holding II-32
Briggs & Stratton Corp Buys Out Simplicity Manufacturing Inc II-32
Expro International Purchases Smartract Business II-32
TAFE USA Buys Robison & Grissom II-32
Aeroglide Purchases the National Drying Machinery Company II-32
Crivello Group Signs an Agreement to AcquireThomas Equipment II-32
Vietnam Engineering and Agricultural Machinery Corporation to Buy Equipment Workshop II-33
UIEC and Agromash to Establish a JV II-33
McLaren Tractors Opens New Agricultural Machinery Firm II-33
Deere to Invest in Agricultural Machinery II-33
TAFE and HPCL Ink Tractor Retail Deal II-33
Metalfor to Establish New Plant in Brazil II-33
Shangzhou Tractor to Set Up Tractor Plant in Zambia II-33
Deere and Bombardier Announce Coalition for Product Development II-33
AGCO Acquires Valtra Corporation II-34
CLAAS Group Acquires RENAULT Agriculture II-34
CLAAS Acquires Stake in Escorts-Claas Ltd II-34
Chinese Aided Machinery Plant Commences Production II-34
John Deere Retracts Tractors II-34
Kubota Establishes Separate Tractor and Equipment Assembly Plant II-34
CLAAS Restructures its Global Service and Spare Parts System II-35
AGCO Acquires Caterpillar' s Challenger Business II-35
Claas Acquires Plant from Caterpillar II-35
Renault Acquires Share in International Tractors II-35
McCormick Enters into Partnership II-35
Colin McKeown Invents New Machine for Mushroom Picking II-36
Saratovskij Manufactures Case Combine Harvesters II-36
Eicher Selects Ag Equipment as US Distributor II-36
US Eximbank Establishes LizKo in Russia II-36
Kverneland Establishes a Subsidiary in Australia II-36
AGCO Acquires Ag-Chem Equipment II-36
John Deere to Acquire Vapormatic Company II-36
Kverneland Acquires UR Machinery II-37
Participale Acquires Yanmar Indaiatube II-37
Deere and Company Acquires Richton International II-37
Deere Joins with Kanzaki II-37
CNH and Shanghai Tractor Form Joint Venture II-37
John Deere in Joint Venture with Yanmar and Kanzaki II-37
John Deere Associates with VantagePoint and Crop Verifeye II-37
CNH Commences Harvesting Machinery Manufacture II-38
AGCO Closes Willmar Facility II-38
SLC-John Deere Manufactures Harvesting Machinery Cabs II-38
Tamil Nadu Agricultural University Develops Precision Farm Equipment II-38
CNH Global Acquires Stake in Flexi-Coil II-38
Kverneland Acquires Share in Gregoire II-38
Mahindra & Mahindra Acquires Stake in Gujarat Tractors II-39
AGCO Enters into an Agreement with Russian Government II-39
AGCO Enters into Joint Venture Agreement with SAME Deutz-Fahr II-39
AGCO Enters into an Agreement with SAME Deutz-Fahr II-39
AGCO Enters into an Agreement with CNH II-39
Greaves Transforms Operations Based in Chennai into a Joint Venture II-39
Buhler Acquires Certain Four Wheel and Two Wheel Tractor Lines from CNH Global II-40
Deere Forms Joint Venture with Tianjin II-40
Rostselmash Signs Distribution Agreement with Transibkomplekt II-40
L&T John Deere Enters in India II-40
CNH Sells UK Tractor Plant to Landini S.p.A II-40
AGCO Corp Establishes Massey Ferguson SpA II-41
Renault Agriculture Develops Automatic GuidanceSystem for Tractors II-41

6. Focus on Select Players II-42

AGCO Corp (US) II-42
Class KgaA (Germany) II-42
CNH Global (US) II-42
Deere & Company (John Deere) (US) II-42
Escorts Ltd (India) II-43
Honda Motors Co Ltd (Japan) II-43
Isuzu Motors Ltd (Japan) II-43
Iseki & Co Ltd (Japan) II-43
Kubota Corp (Japan) II-43
Kverneland Group (Norway) II-44
Mahindra & Mahindra Ltd (India) II-44
Mitsubishi Agricultural Machinery Co Ltd (Japan) II-44
Punjab Tractors Limited (India) II-44
Same Deutz-Fahr Group (France) II-45
Tractors and Farm Equipment Ltd (India) II-45

7. Global Market Perspective II-46

Table 4: World Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-46
Table 5: World 10-Year Perspective for Agricultural Implements and Machinery by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) II-47
Table 6: World Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-48
Table 7: World 10-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) II-48
Table 8: World Recent Past, Current & Future Analys6is for Harvesting Machinery by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-49
Table 9: World 10-Year Perspective for Harvesting Machinery by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) II-49
Table 10: World Recent Past, Current & Future Analysis for Planting & Fertilizing Machinery by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-50
Table 11: World 10-Year Perspective for Planting & Fertilizing Machinery by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) II-50
Table 12: World Recent Past, Current & Future Analysis for Plowing & Cultivating Machinery by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-51
Table 13: World 10-Year Perspective for Plowing & Cultivating Machinery by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) II-51
Table 14: World Recent Past, Current & Future Analysis for Haying Machinery by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-52
Table 15: World 10-Year Perspective for Haying Machinery by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) II-52
Table 16: World Recent Past, Current & Future Analysis for Auxiliary Equipment and Others by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-53
Table 17: World 10-Year Perspective for Auxiliary Equipment and Others by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) Middle East/Africa and Latin America Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) II-53

III. MARKET

1. United States III-1

A. Market Analysis III-1
Fact File of US Farming III-1
Market Outlook III-1
Table 18: Leading Players in the North American Market for Agricultural Equipment (2003 & 2005(E)): Percentage Breakdown of Value Sales by Company for CNH Global, Deere & Co, AGCO, and Others (includes corresponding Graph/Chart) III-2
Overview of Agriculture Industry III-2
Farming Sector III-2
Industry Trends III-2
Farm Population and Labor III-3
Productivity III-3
Marco Economic Factors Support Growth III-3
Agricultural Equipment Market III-4
Table 19: US Recent Past, Current & Future Analysis for Tractors & Combines by Product Segment - 2WD Tractors under 40 HP, 2WD Tractors between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD Tractors, and Self-Propelled Combines Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-4
Table 20: US Historic Review for Tractors & Combines by Product Segment - 2WD Tractors under 40 HP, 2WD Tractors between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD Tractors, and Self-Propelled Combines Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-5
Cyclical Trends Characterize Tractors Sector III-5
Major Factors Influencing Farm EquipmentPurchases III-5
Major Factors Adversely Affecting the US Market III-6
Past Perspective III-6
Table 21: Average Farm Size in North America: 1990-2002 (In Acres) (includes corresponding Graph/Chart) III-6
Table 22: Number of Farms in North America: 1990-2002 (In Thousands) (includes corresponding Graph/Chart) III-6
Table 23: Planted Acreage in North America (US and Canada): 1991-2002 (includes corresponding Graph/Chart) III-7
Table 24: Cash Price of Corn, Wheat and Soybeans: 2002-2003 (includes corresponding Graph/Chart) III-7
Table 25: Cash Income of Farms: 2000-2004 (US$ Billion) (includes corresponding Graph/Chart) III-7
Table 26: Demand for Tractors and Self-Propelling Combines in North America, by Quarter: 2000 (In Units) (includes corresponding Graph/Chart) III-8
Table 27: Demand for Tractors and Self-Propelling Combines in North America, by Quarter: 2001 (In Units) (includes corresponding Graph/Chart) III-8
Table 28: Demand for Tractors and Self-Propelling Combines in North America, by Quarter: 2002 (In Units) (includes corresponding Graph/Chart) III-9
Table 29: Share of Deere & Co, CNH Global, Agco, Kubota Corp and Others in the North American Agricultural Equipment Market: 2002 (includes corresponding Graph/Chart) III-9
Table 30: Share of Deere & Co, CNH Global, Agco, Kubota Corp, and Others in Agricultural Equipment Market: 2000 (includes correspondingGraph/Chart) III-9
Table 31: Share of CNH Global, Deere & Co, Agco and Others in the North American 4WD Tractor Market: 2001(includes corresponding Graph/Chart) III-10
Table 32: Share of CNH Global, Deere & Co, Agco, and Others in the North American Market for Combines: 2001(includes corresponding Graph/Chart) III-10
Agricultural Trade in 2002 III-10
Import Export Scenario in Late 1990s III-10
Table 33: Leading US Farm Machinery Exports: 1999 (US$ in million) (includes corresponding Graph/Chart) III-11
Table 34: Leading US Farm Machinery Imports, by Source Country: 1999 (US$ in million) (includes corresponding Graph/Chart) III-11
Product Launches III-12
Strategic Developments III-20
Key Players III-25
B. Market Analytics III-26
Table 35: US Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-26
Table 36: US 10-Year Perspective for Agricultural Implements and Machinery Parts by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-27

2. Canada III-28

A. Market Analysis III-28
Outlook III-28
Overview III-28
Farming Sector in Canada III-28
Table 37: Number of Farms in Canada, by province: 1996 & 2001 III-29
Crop Selection by Canadian Farmers III-29
Table 38: Acreage of Various Fruits and Vegetables in 2001 (includes corresponding Graph/Chart) III-29
Farmers Turn Tech-Savvy III-30
Table 39: Number and Area of Census Farms in Canada, by Province: 1991-2001 (includes corresponding Graph/Chart) III-30
Tractors and Combines Market III-30
Table 40: Canadian Recent Past, Current & Future Analysis for Tractors & Combines by Product Segment - 2WD Tractors under 40 HP, 2WD Tractors between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD Tractors, and Self-Propelled Combines Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-31
Table 41: Canadian Historic Review for Tractors & Combines by Product Segment - 2WD Tractors under 40 HP, 2WD Tractors between 40 - 100 HP, 2WD Tractors over 100 HP, 4WD Tractors, and Self-Propelled Combines Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-31
Facts about Canada III-32
Table 42: Crop Area Under Cultivation in Canada: 2002-2003 (in thousand hectares) (includes corresponding Graph/Chart) III-32
Factors Affecting the Agriculture III-33
Industry Trends III-33
Table 43: Share of Deere & Co, CNH Global, Agco, Kubota Corp, and Others in Agricultural Equipment Market: 2001 and 2002 (includes corresponding Graph/Chart) III-33
B. Market Analytics III-34
Table 44: Canadian Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-34
Table 45: Canadian 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-34

3. Japan III-35

A. Market Analysis III-35
Outlook III-35
Market Structure III-35
Overview III-35
Japanese Farm Market in Recent Past III-35
Key Players III-36
Table 46: Leading Players in the Japanese Market for Wheel Tractors (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Kubota Corp, Yanmar Agricultural Equipment, Iseki & Co, Isuzu Motors Ltd, Mitsubishi Agricultural Machinery and Others (includes corresponding Graph/Chart) III-36
Table 47: Leading Players in the Japanese Market for Power Tillers/Cultivators (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Honda Motors Co Ltd, Iseki & Co, Isuzu Motors Ltd, Kubota Corp, Mitsubishi Agricultural Machinery, Seirei Industry Co Ltd, and Others (includes corresponding Graph/Chart) III-37
Table 48: Leading Players in the Japanese Market for Combines (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Iseki & Co, Kubota Corp, Mitsubishi Agricultural Machinery, Seirei Industry Co Ltd, and Others (includes corresponding Graph/Chart) III-37
Table 49: Leading Players in the Japanese Market for Rice Planting Machines (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Kubota Corp, Iseki & Co, Mitsubishi Agricultural Machinery, Minoru Sangyo,and Others (includes corresponding Graph/Chart) III-38
Table 50: Leading Players in the Japanese Market for Rice Huskers (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Iseki, Satake, and Others (includes corresponding Graph/Chart) III-38
Table 51: Leading Players in the Japanese Market for Agricultural Driers (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Satake, Yamamoto, and Others (includes corresponding Graph/Chart) III-39
Table 52: Leading Players in the Japanese Market for Rice Polishing Machines (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Satake, Marumasu Kikai, and Others (includes corresponding Graph/Chart) III-39
Table 53: Leading Players in the Japanese Market for Grain Processing Machines (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Rheon Automatic Machinery, Oshikiri Machinery, Satake, and Others (includes corresponding Graph/Chart) III-40
Table 54: Leading Players in the Japanese Market for Flour Milling Machines (2003 & 2005(E)): Percentage Breakdown of Value Production by Company for Meiji-Machine, Tokai Powdex, and Others (includes corresponding Graph/Chart) III-40
Competitive Scenario in the Recent Past III-41
Table 55: Share of Leading Tractor Players: Kubota, Iseki, Isuzu Motors Shibaura Kikai, Mitsubishi Agricultural Machinery and Others: 2001 (includes corresponding Graph/Chart) III-41
Table 56: Share of Leading Power Tillers/Cultivators Players: Kubota, Iseki, Honda Motor, Seirei Industry, Mitsubishi Agricultural Machinery, Ishikawajima Shibaura Kikai and Others: 2001 (includes corresponding Graph/Chart) III-41
B. Market Analytics III-43
Table 57: Japanese Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-43
Table 58: Japanese 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-43

4. Europe III-44

A. Market Analysis III-44
Outlook III-44
Market Overview and Structure III-44
Table 59: Leading Players in the European Market for Agricultural Equipment (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for Deere & Co, CNH Global, AGCO, Kubota Corp, and Others (includes corresponding Graph/Chart) III-44
Table 60: Leading Players in the European Market for Agricultural Equipment (2003 & 2005(E)): Percentage Breakdown of Value Sales by Company for Deere & Co, CNH Global, AGCO, Kubota Corp, and Others (includes corresponding Graph/Chart) III-45
Tractors and Combines Market III-45
Table 61: Western Europe Recent Past, Current & Future Analysis for Tractors - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-45
Table 62: Western Europe Historic Review for Tractors and Combines - Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-46
CAP Reforms III-46
Competitive Scenario in the Recent Past III-46
Table 63: Share of New Holland, John Deere, SLH, MF, Case, Fendt, Renault, Valtra, Landini and Deutz-Fahr in Tractors Market in Europe: 2002 (includes corresponding Graph/Chart) III-46
Table 64: Market Share of CNH Global, Deere, AGCO, Kubota, SAME Deutz-Fahr, Class, Renault, Valtra, Caterpillar, Landini and Others in Agricultural Equipment Market: 2000 (includes corresponding Graph/Chart) III-47
B. Market Analytics III-47
Table 65: European Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Geographic Region - France, Germany, Italy, UK, Spain, Russia & Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-47
Table 66: European Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-48
Table 67: European 10-Year Perspective for Agricultural Implements and Machinery by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia & Rest of Europe Markets for Years 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-48
Table 68: European 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-49

4a. France III-50

A. Market Analysis III-50
Outlook III-50
Overview III-50
Table 69: Average Acreage and Number of Farms in France: 1990 and 2000 III-50
French Tractors Market III-51
Table 70: French Recent Past, Current & Future Analysis for Tractors - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-51
Table 71: Leading Players in the French Market for Tractors (2003 & 2005(E)) - Percentage Breakdown of Volume Sales by Company for CNH, Deere, AGCO, Renault, and Others (includes corresponding Graph/Chart) III-51
Table 72: Purchasing Criteria III-52
Past Perspective III-52
Table 73: Share of New Holland, John Deere, Fendt, MF, Case, Valtra, Renault, SLH, Landini, Deutz-Fahr and Others in Tractors Market in France: 2002 (includes corresponding Graph/Chart) III-52
Table 74: French Exports of Farm Machinery and Equipments to Germany, USA, UK, Spain, Italy, Belgium, Netherlands, Switzerland, Denmark, Australia, Sweden, Japan and Others: 2001 (includes corresponding Graph/Chart) III-53
Table 75: French Imports of Farm Equipment and Machinery from Germany, Italy, USA, UK, Belgium, Holland, Austria, Sweden, Finland, Japan, Denmark, Spain and others: 2001 (includes corresponding Graph/Chart) III-53
B. Market Analytics III-54
Table 76: French Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-54
Table 77: French 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-54

4b. Germany III-55

A. Market Analysis III-55
Outlook III-55
Agricultural Economy III-55
Table 78: Average Acreage and Number of Farms in Germany: 1990 and 2000 III-55
Government Regulations III-55
Overview III-55
Tractors Market III-56
Table 79: German Market for Tractors - A Current &Future Analysis: Annual Sales for the Years 2001 through 2010 in units. (includes corresponding Graph/Chart) III-56
Table 80: Leading Players in the German Market for Tractors (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for CNH, Deere, AGCO, and Others (includes corresponding Graph/Chart) III-57
Competitive Scenario in the Recent Past III-57
Table 81: Share of New Holland, John Deere, MF, Case, Valtra, Renault, SLH, Landini, Deutz-Fahr and Others in Tractors Market in Germany: 2002 (includes corresponding Graph/Chart) III-57
Table 82: Share of AGCO, Fendt, Deere, CNH, Case/Steyr and Same Deutz-Fahr in Tractor Market for the year 1999 (includes corresponding Graph/Chart) III-58
Product Launches III-58
Strategic Developments III-58
B. Market Analytics III-59
Table 83: German Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-59
Table 84: German 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-60

4c. United Kingdom III-61

A. Market Analysis III-61
Outlook III-61
Overview III-61
Tractors Market III-62
Table 85: UK Recent Past, Current & Future Analysis for Tractors - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-62
Table 86: Leading Players in the UK Market for Tractors (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for CNH, Deere, AGCO, and Others (includes corresponding Graph/Chart) III-62
A Peep into the Past III-63
Table 87: Share of John Deere, New Holland, Case, AGCO, SAME Deutz Fahr, Renault, JCB Landpower, Valtra and Others in Tractor Market for the year 1998 (includes corresponding Graph/Chart) III-63
Strategic Developments III-63
B. Market Analytics III-64
Table 88: UK Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-64
Table 89: UK 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-64

4d. Italy III-65

A. Market Analysis III-65
Outlook III-65
Italian Tractors Market III-65
Table 90: Italian Recent Past, Current & Future Analysis for Tractors - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-65
Table 91: Leading Players in the Italian Market for Tractors (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for CNH, Same-Deutz, Deere, AGCO, and Others (includes corresponding Graph/Chart) III-66
A Peep into the Past III-66
Table 92: Share of New Holland, John Deere, MF, Case, Valtra, Renault, SLH, Landini, Deutz-Fahr and Others in Tractors Market in Italy: 2002 (includes corresponding Graph/Chart) III-66
Strategic Development III-67
B. Market Analytics III-67
Table 93: Italian Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-67
Table 94: Italian 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-68

4e. Spain III-69

A. Market Analysis III-69
Outlook III-69
Tractors Market III-69
Table 95: Spanish Recent Past, Current & Future Analysis for Tractors - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-69
Table 96: Leading Players in the Spanish Market for Tractors (2003 & 2005(E)) - Percentage Breakdown of Volume Sales by Company for New Holland, John Deere, MF, Case, Valtra, Renault, Landini, Deutz-Fahr and Others (includes corresponding Graph/Chart) III-70
Importance of Agriculture Industry III-70
Overview III-71
Common Agricultural Policy and AgriculturalEquipment Industry III-71
B. Market Analytics III-71
Table 97: Spanish Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-71
Table 98: Spanish 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-72

4f. Russia III-73

A. Market Analysis III-73
Outlook III-73
Overview of Agricultural Industry III-73
Market Issues III-73
Decline in Food Production in 1990s III-73
Regaining Lost Ground III-74
Policy Initiatives III-74
Import-Export Scenario in Mid & Late 90s III-74
Table 99: Imports of Cultivation, Preparation and Planting Machinery: 1997-1998 (US$ in million) (includes corresponding Graph/Chart) III-74
Table 100: Imports of Combine Harvesters and Other Harvesting Machinery: 1995-1997 (million US$) (includes corresponding Graph/Chart) III-75
Table 101: Imports of Agricultural Tractors: 1995-1997 (US$ in million) (includes corresponding Graph/Chart) III-75
Russian Agriculture Industry III-76
Collective Agriculture III-76
Individual Farmers III-76
Agricultural Companies III-76
Strategic Development III-76
B. Market Analytics III-77
Table 102: Russian Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-77
Table 103: Russian 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-77

4g. Rest of Europe III-78

A. Market Analysis III-78
Outlook III-78
Brief Description of Select Markets III-78
Poland III-78
Bulgaria III-78
Overview III-78
Import Scenario in the Recent Past III-79
Ukraine III-79
Agriculture Plagued by Problems III-79
Industry Structure III-79
Overview III-80
Table 104: Supply of Harvesting Machinery in the Ukrainian Agricultural Market: 2001 III-80
Table 105: Agricultural Machinery Availability at Various Providers in Ukraine: 2001 (In thousands of units) III-80
Demand for US Equipment III-81
Hungary III-81
Agricultural Sector - The Past and Present Scenario III-81
Turkey III-81
Past Perspective III-82
Table 106: Tractor Production in Turkey: 1999-2001 (Value: Billion Turkish Liras-with 1998 prices; Quantity: Unit) III-82
Table 107: Agricultural Machinery and Tools Production in Turkey: 1999-2001 (Value: Billion Turkish Liras-with 1998 prices) (includes corresponding Graph/Chart) III-82
The Netherlands III-83
Kazakhstan III-83
Strategic Developments III-83
B. Market Analytics III-84
Table 108: Rest of Europe Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-84
Table 109: Rest of Europe 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-85

5. Asia-Pacific III-86

A. Market Analysis III-86
Outlook III-86
Asian Agriculture: An Overview III-86
Table 110: Leading Players in Agricultural Equipment Market in Asia-Pacific (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for Deere & Co, CNH Global, AGCO, Kubota Corp, and Others (includes corresponding Graph/Chart) III-86
Table 111: Share of Deere & Co, CNH Global, Agco, Kubota Corp, and Others in the Asian Agricultural Equipment Market: 2001 and 2002 (includes corresponding Graph/Chart) III-87
Brief Description of Select Markets III-87
China III-87
Introduction III-87
Developments in Chinese Economy III-88
Government Support to Agriculture III-88
Market Structure III-89
Overview III-90
China: An Agri-Machinery Giant III-90
Tractor Demand III-91
Table 112: Leading Players in the Chinese Market for Agricultural Tractors (25-49 HP) (2004) - Percentage Breakdown of Volume Sales by Company for Shandong Tractor, Yituo (Ningbo) CSI, Yancheng Tractor, and Others (includes corresponding Graph/Chart) III-91
Table 113: Leading Players in the Chinese Market for Agricultural Tractors (50HP and above) (2004) - Percentage Breakdown of Volume Sales by Company for First Tractor, Foton, John Deere Tiantuo, Shanghai New Holland, Qingjiang Tractor Co, and Others (includes corresponding Graph/Chart) III-92
Past Perspective III-92
Table 114: greaterthan 25 HP Tractor Market in China: Sales and Output of Top Ten Manufacturers in 1999 (In Units) (includes corresponding Graph/Chart) III-92
Table 115: lessthan25 HP Tractor Market in China:Sales and Output of Top Ten Manufacturers in 1999 (In Units) (includes corresponding Graph/Chart) III-93
India III-93
Overview III-93
A Brief Insight into the Local Tractor Market III-94
History of Tractors in India III-94
Green Revolution a Tractor Boom III-94
Current Scenario III-95
Table 116: Leading Players in the Indian Market for Tractors (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for M&M, Escorts, TAFE, Punjab Tractors, Eicher, and Others (includes corresponding Graph/Chart) III-96
Table 117: Leading Players in the Indian Market for Tractors (21-30 HP) (2004): Percentage Breakdown of Volume Sales by Company for Eicher, Escorts, M&M, TAFE, PTL and Others (includes corresponding Graph/Chart) III-96
Table 118: Leading Players in the Indian Market for Tractors (31-40 HP) (2004): Percentage Breakdown of Volume Sales by Company for Eicher, Escorts, M&M, PTL, TAFE and Others (includes corresponding Graph/Chart) III-97
Table 119: Leading Players in the Indian Market for Tractors (41-50 HP) (2004): Percentage Breakdown of Volume Sales by Company for Eicher, HMT, M&M, PTL, TAFE, LT-JD and Others (includes corresponding Graph/Chart) III-97
Table 120: Leading Players in the Indian Market for Tractors (Above 51 HP) (2004): Percentage Breakdown of Volume Sales by Company for HMT, M&M, PTL, TAFE, LT-JD, NHI and Others (includes corresponding Graph/Chart) III-97
Past Perspective III-98
Table 121: Share of Players (Mahindra and Mahindra, Punjab Tractors, Escorts, TAFE, Eicher, HMT, Sonalika) in Indian Tractor Market: 2001-2003 (in percentage) (includes corresponding Graph/Chart) III-98
Table 122: Share of Players (Mahindra & Mahindra, Punjab Tractors, Escorts, TAFE, Eicher, HMT, Sonalika, John Deere, and New Holland Tractors) in Indian Tractor Market: 2003 (in percentage) (includes corresponding Graph/Chart) III-99
Thailand III-99
Geography III-99
Agriculture Industry III-100
Philippines III-101
Government Support III-101
Market for Agriculture Industry III-101
Australia III-101
Overview III-101
Tractors and Combines Market III-102
Table 123: Australian Recent Past, Current & Future Analysis for Tractors and Combines - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-102
Table 124: Australian Historic Review for Tractors and Combines - Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-102
Government Support to Agriculture in 2002 III-103
Exports Scenario III-103
Strategic Developments III-103
Key Players III-104
B. Market Analytics III-105
Table 125: Asia-Pacific Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-105
Table 126: Asia-Pacific 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-106

6. The Middle East/Africa III-107

A. Market Analysis III-107
Outlook III-107
Brief Description of Select Markets III-107
Egypt III-107
Saudi Arabia III-107
United Arab Emirates III-107
Other Countries III-107
South Africa III-107
Table 127: South African Recent Past, Current & Future Analysis for Tractors and Combines - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-108
Table 128: South African Historic Review for Tractors and Combines - Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-108
B. Market Analytics III-109
Table 129: Middle East/Africa Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-109
Table 130: Middle East/Africa 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-109

7. Latin America III-110

A. Market Analysis III-110
Outlook III-110
Brief Description of Select Markets III-110
Mexico III-110
Table 131: Mexican Recent Past, Current & Future Analysis for Tractors and Combines - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-110
Table 132: Mexican Historic Review for Tractors and Combines - Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-111
Brazil III-111
Outlook III-112
Table 133: Brazilian Recent Past, Current & Future Analysis for Tractors and Combines - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-112
Table 134: Brazilian Historic Review for Tractors and Combines - Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-112
Overview III-113
Trends in Agriculture Industry III-113
Market Players III-113
Table 135: Leading Players in the Brazilian Market for Tractors (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for AGCO, CNH, Deere, and Others (includes corresponding Graph/Chart) III-114
Table 136: Leading Players in the Brazilian Market for Combines (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for AGCO, CNH, and Deere (includes corresponding Graph/Chart) III-114
Market Shares of Leading Players in the Recent Past III-115
Table 137: Share of Agrale and Yanmar in Brazilian Tractor Market (less than 49 HP) for the year 2001 III-115
Table 138: Share of AGCO, Agrale, CNH, Deere, Valtra and Yanmar in Brazilian Tractor Market (50-99 HP) for the year 2001 (includes corresponding Graph/Chart) III-115
Table 139: Share of AGCO, Agrale, CNH, Deere, Muller and Valtra in Brazilian Tractor Market (100-199 HP) for the year 2001 (includes corresponding Graph/Chart) III-115
Table 140: Share of SLC-John Deere and Others in Harvesting Machinery Market in 2001 III-116
Table 141: Share of Leading Brazilian Players in the Combines Market in 2001 - Agco, CNH, Deere (includes corresponding Graph/Chart) III-116
Argentina III-116
Market Overview III-117
Table 142: Argentinean Recent Past, Current & Future Analysis for Tractors and Combines - Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-117
Table 143: Argentinean Historic Review for Tractors and Combines - Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-117
Importance of Agriculture III-118
Impact of Trade Agreement between Argentina and Brazil III-118
Major Players III-118
Table 144: Leading Players in the Argentinean Tractors Market (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for AGCO, John Deere, CNH, Pauny, and Others (includes corresponding Graph/Chart) III-119
Table 145: Leading Players in the Argentinean Harvesting Machinery Market (2003 & 2005(E)): Percentage Breakdown of Volume Sales by Company for AGCO, John Deere, and Others (includes corresponding Graph/Chart) III-119
Chile III-120
Importance of Agriculture III-120
Developments in Agri-Food Sector III-120
Peru III-121
Domestic Production III-121
End User Analysis III-121
Venezuela III-121
Strategic Developments III-122
B. Market Analytics III-123
Table 146: Latin American Recent Past, Current & Future Analysis for Agricultural Implements and Machinery by Product Segment - Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-123
Table 147: Latin American 10-Year Perspective for Agricultural Implements and Machinery by Product Segment - Percentage Breakdown of Dollar Sales for Farm Tractors, Harvesting Machinery, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, Haying Machinery and Auxiliary Equipment & Other Markets for 2001, 2005 & 2010 (includes corresponding Graph/Chart) III-123

IV. COMPETITION

1. Abbey Machinery Ltd. (Ireland) IV-1
2. Adriatica Macchine Agricole Srl (Italy) IV-2
3. AEBI Rasant GesmbH (Austria) IV-2
4. Aeroglide Corporation (USA) IV-3
5. AF Gason Pty., Ltd. (Australia) IV-4
6. Agco Corporation (USA) IV-6
Table 148: Annual Sales Analysis: 2003-2005 (In US$ million) IV-6
Table 149: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-7
Table 150: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-7
AG-Chem Equipment Co., Inc. (USA) IV-8
AGCO GmbH & Co. (Germany) IV-9
Agco Ltd. (UK) IV-11
Massey Ferguson (USA) IV-11
Valtra, Inc. (South Africa) IV-12
Valtra Tractors (UK) Ltd. (UK) IV-13
7. AGCO SM Group (Russia) IV-14
8. Agrale SA (Brazil) IV-15
9. Agrex SpA (Italy) IV-16
10. Agria-Werke GmbH (Germany) IV-17
Agria Hispania SA (Spain) IV-20
11. Agric-Bemvig SA (Spain) IV-21
12. Agrimat SA (Belgium) IV-21
13. Agrinova Srl (Italy) IV-21
14. Agris - Brumi Srl (Italy) IV-22
15. Agritalia, SpA (Italy) IV-22
16. Agromash Holding Joint Stock Co. (Russia) IV-23
17. Agromet SP z.o.o (Poland) IV-23
18. Agrotractor Sevilla SA (Spain) IV-23
19. Agrovil Agostinho Vilaca Da Cunha Lda (Portugal) IV-24
20. Agrowplow (Australia) IV-24
21. Agware Pty., Ltd. (Australia) IV-25
22. Aitchison Industries Limited (New Zealand) IV-25
23. Alamo Group, Inc. (USA) IV-26
Table 151: First Quarter Sales Analysis: 2005-2006 (In US$ million) IV-26
Table 152: Annual Sales Analysis: 2004-2005 (In US$ million) IV-27
Table 153: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-27
Alamo Group (EUR) Ltd. (UK) IV-28
24. Al-Ko Kober Limited (UK) IV-29
25. Amazonen-Werke H. Dreyer Gmbh & Co. (Germany) IV-31
26. Anker Machinery Co., Ltd. (UK) IV-32
27. Antonio Carraro Iberica, SA (Spain) IV-32
28. Argo SpA (Italy) IV-33
Argo Tractors SpA (Italy) IV-33
29. Art' s-Way Manufacturing Co, Inc. (USA) IV-34
30. Attachments Ltd. (UK) IV-34
31. Automatic Equipment Mfg., Co. (USA) IV-35
32. B. & B. Tractors (UK) IV-35
33. Bärtschi Fobro Ag (Switzerland) IV-35
34. Belarus Tractors Ltd. (UK) IV-36
35. Bellon Srl (Italy) IV-36
36. Bennes Maupu SA (France) IV-36
37. Berto F. LLI Snc (Italy) IV-37
38. Bianchi Srl (Italy) IV-37
39. Bijlsma-Hercules (The Netherlands) IV-37
40. Blakemore & Chell Ltd. (UK) IV-38
41. Bogballe AS (Denmark) IV-39
42. Bomford Turner Ltd. (UK) IV-40
43. Bonaveno Gianfranco & C., Snc (Italy) IV-41
44. Borello Stefano & C. Snc (Italy) IV-41
45. Briggs & Stratton Corporation (USA) IV-42
Table 154: First Quarter Sales Analysis: 2006-2007 (In US$ million) IV-43
Table 155: First Quarter Sales Analysis by Business Segment: 2006-2007 (In US$ million) IV-43
Table 156: Annual Sales Analysis: 2004-2006 (In US$ million) IV-44
Table 157: Annual Sales Analysis by Business Segment: 2005-2006 (In US$ million) IV-44
Table 158: Annual Sales Analysis by Geographic Region: 2005-2006 (In US$ million) IV-44
Table 159: Annual Sales Analysis by Business Segment: 2004-2005 (In US$ million) IV-44
Table 160: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-45
Briggs & Stratton France (France) IV-45
46. Broekema BV (The Netherlands) IV-46
47. Browns Agricultural Machinery Co., Ltd. (UK) IV-47
48. Bucktons Engineering Ltd. (New Zealand) IV-47
49. Camisa Fratelli Snc (Italy) IV-47
50. Carli Srl (Italy) IV-48
51. Carraro India Limited (India) IV-49
52. Casorzo SpA (Italy) IV-49
53. Caterpillar, Inc. (USA) IV-50
Table 161: Half Yearly Sales Analysis: 2005-2006 (H1) (In US$ million) IV-51
Table 162: Half Yearly Sales Analysis by Segment: 2005-2006 (H1) (In US$ million) IV-51
Table 163: Half Yearly Sales Analysis by Geographic Region: 2005-2006 (H1) (In US$ million) IV-52
Table 164: Annual Sales Analysis: 2004-2005 (In US$ million) IV-52
Caterpillar (UK) IV-60
Caterpillar Do Brasil (Brazil) IV-61
Caterpillar of Australia Ltd (Australia) IV-62
Caterpillar Overseas SA (Switzerland) IV-62
54. C-DAX Systems Ltd. (New Zealand) IV-63
55. Champion Danmark AS (Denmark) IV-68
56. Chandlers (Farm Equipment) Ltd. (UK) IV-69
57. Checchi E Magli Srl (Italy) IV-69
58. Cheniaux Macer SA (Belgium) IV-69
59. China First Tractor Group (China) IV-70
60. Cimac Srl (Italy) IV-70
61. Claas KGAA / Class Group (Germany) IV-71
Claas of America, Inc. (USA) IV-72
Claas UK Ltd. (UK) IV-73
62. Clough Group (New Zealand) IV-74
63. CNH Global NV (The Netherlands) IV-75
Table 165: First Quarter Sales Analysis: 2005-2006 (In US$ billion) IV-76
Table 166: First Quarter Sales Analysis by Business Segment: 2005-2006 (In US$ billion) IV-76
Table 167: First Quarter Sales Analysis by Geographic Region: 2005-2006 (In US$ billion) IV-77
Table 168: Annual Sales Analysis: 2003-2005 (In US$ billion) IV-77
Table 169: Annual Sales Analysis by Business Segment: 2004-2005 (In US$ billion) IV-77
Table 170: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ billion) IV-77
CNH America LLC (USA) IV-79
CNH Belgium NV (Belgium) IV-79
Case IH (USA) IV-80
Case IH (Australia) IV-81
64. Comaca Snc (Italy) IV-82
65. Combi Trac Norge AS (Norway) IV-82
66. Coombridge & Alexander Ltd. (New Zealand) IV-83
67. Creina D.D (Slovenija) IV-83
68. Daedong Industrial Co., Ltd. (Korea) IV-84
69. Danbrugt A/S (Denmark) IV-84
70. Davey Afm Pty., Ltd. (Australia) IV-85
71. De Nardi Trattori Srl (Italy) IV-85
72. De Pietri Srl (Italy) IV-86
73. Deere & Company (USA) IV-87
Table 171: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, July) (In US$ million) IV-88
Table 172: Nine Months Sales Analysis by Quarter: 2005-2006 (Nine Months Ended, July) (In US$ million) IV-89
Table 173: Annual Sales Analysis: 2003-2005 (In US$ million) IV-89
Table 174: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-89
Table 175: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-89
John Deere Ltd. (UK) IV-93
Farol Ltd. (UK) IV-94
John Deere Tiantuo Company Ltd. (China) IV-94
John Deere Werke Zweibruecken (Germany) IV-95
John Deere, SA De CV (Mexico) IV-95
HRN Tractors Ltd. (UK) IV-96
74. Deservire-Orhei SA (Moldova) IV-97
75. Dondi Srl (Italy) IV-98
76. Dongfeng Agricultural Machinery Group Co., Ltd. (China) IV-98
77. Doublet-Record A/S (Denmark) IV-98
78. Doyle Equipment Mfg Co., Inc. (USA) IV-99
79. Durso Srl (Italy) IV-100
80. Eder GmbH (Germany) IV-101
81. Emak SpA (Italy) IV-102
Table 176: Half Yearly Sales Analysis: 2005-2006 (H1) (In € million) IV-103
Table 177: Half Yearly Sales Analysis by Product Line: 2005-2006 (H1) (In € million) IV-103
Table 178: Half Yearly Sales Analysis by Geographic Region: 2005-2006 (H1) (In € million) IV-103
Table 179: Annual Sales Analysis: 2004-2005 (In € million) IV-103
Table 180: Annual Sales Analysis by Product Line: 2004-2005 (In € million) IV-103
Table 181: Annual Sales Analysis by Geographic Region: 2004-2005 (In € million) IV-104
82. Enoagricola Rossi Srl (Italy) IV-105
83. Erreppi SAS (Italy) IV-105
84. Escorts Ltd. (India) IV-106
Farmtrac North America LLC (USA) IV-107
85. ETS Calvet (France) IV-108
86. FAE Group SpA (Italy) IV-109
87. Farmet AS (Czech Republic) IV-111
88. Farmtrac Tractors Europe Spolka Z.O.O (Poland) IV-112
89. Faza Srl (Italy) IV-112
90. Fella-Werke GmbH & Co., KG. (Germany) IV-113
91. Ferfor Empresa Industrial De Ferramentas E Forjados SA (Portugal) IV-113
92. Fergros Srl (Italy) IV-114
93. Finn Corporation (USA) IV-115
94. Fiona Maskinfabrik A/S (Denmark) IV-118
95. First Tractor Company Limited (China) IV-118
96. Foton Heavy Industries (China) IV-119
97. Fraser Manufacturing Ltd. (UK) IV-119
98. Galfre' Domenico & C S.N.C (Italy) IV-120
99. Galicia Agrícola Sl (Spain) IV-120
100. Gallignani SpA (Italy) IV-121
101. Galucho-Industrias Metalomecanicas SA (Portugal) IV-122
102. Gaspardo Seminatrici SpA (Italy) IV-122
103. Gebruder Holder GmbH Maschinenfabrik (Germany) IV-123
104. Gehl Company (USA) IV-124
105. George Carr & Sons (Saws), Ltd. (UK) IV-125
106. George Colliar Ltd. (UK) IV-127
107. Gherardi Srl (Italy) IV-127
108. Gilles SA (Belgium) IV-127
109. Giovannini Srl (Italy) IV-128
110. Goldoni SpA (Italy) IV-129
111. Grégoire-Besson SA (France) IV-131
112. Grillo SpA (Italy) IV-132
113. Grizzly Engineering Pty, Ltd. (Australia) IV-133
114. Gyral Implements Pty, Ltd. (Australia) IV-135
115. Hallmark Tractors Ltd. (UK) IV-135
116. Hamilton Design, Ltd. (UK) IV-136
117. Highway Equipment Company (USA) IV-137
118. Hilaire Van Der Haeghe SA (Belgium) IV-138
119. HMT (International) Ltd. (India) IV-139
120. Honda Motors Co., Ltd. (Japan) IV-141
Table 182: Annual Sales Analysis: 2003-2005 (In ¥ billion) IV-142
Table 183: Annual Sales Analysis by Quarter: 2005-2006 (In ¥ billion) IV-142
Table 184: Annual Sales Analysis by Segment: 2005-2006 (In ¥ billion) IV-142
Table 185: Annual Sales Analysis by Geographic Region: 2005-2006 (In ¥ billion) IV-142
Table 186: Annual Sales Analysis by Quarter: 2004-2005 (In ¥ billion) IV-143
Table 187: Annual Sales Analysis by Segment: 2004-2005 (In ¥ billion) IV-143
Table 188: Annual Sales Analysis by Geographic Region: 2004-2005 (In ¥ billion) IV-143
121. Hoopman Machines B.V (The Netherlands) IV-152
122. Howard Australia Pty., Ltd. (Australia) IV-153
123. Howard Rotavator SA (Spain) IV-154
124. I.C.M.A. Srl (Italy) IV-154
125. Internaco SA (Spain) IV-155
126. Iseki & Co., Ltd. (Japan) IV-156
Table 189: Annual Sales Analysis: 2004-2006 (In ¥ billion) IV-156
127. Ishikawajima-Shibaura Machinery Co., Ltd. (Japan) IV-157
128. Isuzu Motors Limited (Japan) IV-158
Table 190: Annual Sales Analysis: 2003-2005 (In ¥ million) IV-158
Table 191: Annual Sales Analysis by Geographic Region: 2004-2005 (In ¥ million) IV-159
129. J C Bamford Excavators Ltd. (UK) IV-162
130. Janmatic KY (Finland) IV-162
131. Jaulent Industrie Sarl (France) IV-163
132. Jeantil SA (France) IV-163
133. JF-Fabriken (Denmark) IV-164
134. Jiangsu Qingjiang Tractor Group Corporation (China) IV-165
135. John Cornthwaite (Farm Machinery) Limited (UK) IV-165
136. John Shearer Limited (Australia) IV-166
137. Junkkari Oy (Finland) IV-168
138. Kimseed Pty., Ltd. (Australia) IV-168
139. Kioritz Corporation (Japan) IV-169
Echo, Inc. (USA) IV-169
140. Knoche Mechanical Engineering GmbH (Germany) IV-171
141. Kone Corporation (Finland) IV-172
Table 192: Annual Sales Analysis: 2004-2005 (In € million) IV-173
Table 193: Annual Sales Analysis by Geographic Region: 2004-2005 (In € million) IV-174
142. Kongskilde Industries AS (Denmark) IV-178
Kongskilde Juko Ltd. Oy (Finland) IV-180
Kongskilde Polska Sp. zoo (Poland) IV-180
143. Kubota Corporation (Japan) IV-181
Table 194: Annual Sales Analysis: 2003-2005 (In ¥ billion) IV-181
Table 195: Annual Sales Analysis by Product: 2004-2005 (In ¥ billion) IV-182
Table 196: Annual Sales Analysis by Geographic Region: 2004-2005 (In ¥ billion) IV-182
Kubota (UK) Ltd. (UK) IV-185
Kubota Europe SA (France) IV-186
144. Kukje Machinery Co., Ltd. (South Korea) IV-187
145. Kverneland Group (Norway) IV-188
Kverneland France (France) IV-188
Kverneland Group Kerteminde AS (Denmark) IV-189
146. L Bergmann Maschinenfabrik GmbH & Co., KG. (Germany) IV-190
147. Laakson Metalli Oy (Finland) IV-191
148. Lamberhurst Engineering Ltd. (UK) IV-192
149. Landbruk & Maskin A/S (Norway) IV-192
150. Landmaschinen Badel GmbH (Germany) IV-192
151. Lely (UK) Limited (UK) IV-193
152. Lemken GmbH & Co., KG. (Germany) IV-195
153. Leomar Srl (Italy) IV-195
154. LESCO, Inc. (USA) IV-196
Table 197: First Quarter Sales Analysis: 2005-2006 (In US$ million) IV-196
Table 198: Annual Sales Analysis: 2004-2005 (In US$ million) IV-197
155. Lesters Farm Machinery (UK) IV-198
156. Lidselmash Joint Stock Co. (Belarus) IV-199
157. Lincolnshire Motors Ltd. (UK) IV-199
158. Lindsay Manufacturing Co. (USA) IV-200
159. Lloyd & Jones Engineers Ltd. (UK) IV-201
160. Lloyd Loaders (M.H.) Ltd. (UK) IV-202
161. Lochmann Plantatec Srl (Italy) IV-202
162. Lor-Al Products, Inc. (USA) IV-203
163. Mac Power Srl (Italy) IV-203
164. Mahindra & Mahindra Ltd. (India) IV-204
Table 199: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, December) (In INR million) IV-205
Table 200: Annual Sales Analysis: 2004-2005 (In INR million) IV-205
165. Mailleux (France) IV-208
166. Makita Corporation (Japan) IV-209
Table 201: Annual Sales Analysis: 2004-2006 (In ¥ million) IV-210
Table 202: Annual Sales Analysis by Product: 2005-2006 (In ¥ million) IV-210
Table 203: Annual Sales Analysis by Geographic Region: 2005-2006 (In ¥ million) IV-210
Table 204: Annual Sales Analysis by Product: 2004-2005 (In ¥ million) IV-211
Table 205: Annual Sales Analysis by Geographic Region: 2004-2005 (In ¥ million) IV-211
167. Marston Tractors Ltd. (UK) IV-212
168. Mascar SpA (Italy) IV-212
169. Maschinenfabrik Bermatingen GmbH & Co. (Germany) IV-213
170. Maschinenfabrik Bernard Krone GmbH (Germany) IV-213
171. Maschinenfabrik Kemper GmbH & Co., KG. (Germany) IV-214
172. Maschinenfabrik Meyer-Lohne GmbH (Germany) IV-215
173. Maschio SpA (Italy) IV-215
174. Maskinfabriken Bredal A/S (Austria) IV-215
175. Matermacc Srl (Italy) IV-216
176. McLaren Tractors Ltd. (UK) IV-217
177. Meccanica Benassi SpA (Italy) IV-217
178. Mechanisatiecentrum West-Brabant BV (The Netherlands) IV-217
179. Merlo UK Ltd. (UK) IV-218
180. Metalcorp Manufacturing (Australia) IV-218
181. Metalfor (Argentina) IV-219
182. Metalik PLC (Bulgaria) IV-219
183. Millat Tractors Ltd. (Pakistan) IV-220
184. Minoru Industrial Co., Ltd. (Japan) IV-220
185. Mitsubishi Agricultural Machinery Co., Ltd. (Japan) IV-221
186. Moldagrotehnica SA (Moldova) IV-222
187. Moreau-Druine SA (Belgium) IV-225
188. Moresil SL (Spain) IV-225
189. Morton Tractors (UK) IV-226
190. Mosa Srl (Italy) IV-226
191. Moulton Engineering Ltd. (UK) IV-226
192. MRM Engineering Ltd. (UK) IV-227
193. M S W Machinery (International) Ltd. (UK) IV-227
194. Mus-Max Landmaschinenbau Urch KG. (Australia) IV-228
195. Mutti Amos Macchine Agricole Srl (Italy) IV-228
196. N.J.B. Mowers Ltd. (UK) IV-229
197. N.P Koning BV (The Netherlands) IV-230
198. Nanning Walking Tractor Plant (China) IV-231
199. Nardi SpA (Italy) IV-231
200. Netafim (A.C.S.) Ltd. (Israel) IV-232
201. Netagco Miedema BV (The Netherlands) IV-238
202. Ningbo C.S.I Power Machinery Group Co., Ltd. (China) IV-238
203. Ningbo Benye Tractor & Automobile Manufacture Company Limited (China) IV-239
204. Nokka-Tume Oy (Finland) IV-239
205. Nord Track Srl (Italy) IV-240
206. Novedades Agrícolas SA (Spain) IV-240
207. Nuhn Industries Ltd. (Canada) IV-240
208. Oosterlaan BV (The Netherlands) IV-241
209. Orshaagroprommash JSC (Belarus) IV-241
210. Panex AGM DOO (Croatia) IV-241
211. Par-Kan (USA) IV-242
212. ParkLand Maskinfabrik AS (Denmark) IV-242
213. Pauny Zanello (Argentina) IV-243
214. Perla JSC (Bulgaria) IV-243
215. Polmac Srl (Italy) IV-244
216. Pronar Sp. zoo (Poland) IV-244
217. Pubert SAS (France) IV-245
218. Punjab Tractors Ltd. (India) IV-246
Table 206: Annual Sales Analysis: 2005-2006 (In INR million) IV-246
Table 207: Annual Sales Analysis by Product: 2005-2006 (In INR million) IV-246
219. R.J. & J.M. Hooper Pty., Ltd. (Australia) IV-247
220. R.S. Hall Engineering Ltd. (UK) IV-248
221. Rad Technologies, Inc. (Canada) IV-249
222. Rafferty Newman (Machinery) Ltd. (UK) IV-249
223. Ranaverken AB (Sweden) IV-250
224. Randell Agriculture Ltd. (UK) IV-250
225. Rauch Landmaschinenfabrik GmbH (Germany) IV-251
226. Reform -Werke Bauer & Co. GesmbH (Austria) IV-252
227. Renault Agriculture (UK) IV-253
228. Richard Western Ltd. (UK) IV-254
229. Robix Hungary Kft. (Hungary) IV-255
230. Rotomec SpA (Italy) IV-255
231. Ruston' s Engineering Co., Ltd. (UK) IV-256
232. Ryobi Outdoor Products, Inc. (USA) IV-256
233. Saigal Group (Pakistan) IV-257
234. Salford Farm Machinery Limited (Canada) IV-257
235. Salix Maskiner AB (Sweden) IV-257
236. Same Deutz-Fahr Group (France) IV-258
Same Deutz Fahr Group SpA (Italy) IV-258
Same Deutz-Fahr Deutschland GmbH (Germany) IV-259
Same Deutz-Fahr UK Ltd. (UK) IV-259
237. Samson International Ltd. (UK) IV-260
238. Satake Australia Pty., Ltd. (Australia) IV-260
239. Schanzlin Traktoren Und Maschinen GmbH (Germany) IV-261
240. Schmotzer Agrartechnic GmbH (Germany) IV-261
241. Schuitemaker Machines BV (The Netherlands) IV-262
242. Seirei Industry Co., Ltd. (Japan) IV-263
243. Sembdner Maschinenbau GmbH (Germany) IV-263
244. Serigstad Agri AS (Norway) IV-263
245. Seymour Rural Equipment Pty., Ltd. (Australia) IV-264
246. Shandong Changlin Machinery Group (China) IV-264
247. Shandong Tractor Works (China) IV-265
248. Shandong Weifang Tractor Group Corporation (China) IV-265
249. Shanghai Tractor and Internal-Combustion Tractor Co. (China) IV-266
250. Shelbourne Reynolds Engineering Co., Ltd. (UK) IV-266
251. Shin Taiwan Agricultural Machinery Co., Ltd. (Taiwan) IV-267
252. Sicil Tiller SNC (Dei F.Lli Palminteri G. Elia E Samuel) (Italy) IV-267
253. Sicma SpA (Italy) IV-268
254. Siderman Snc (Italy) IV-269
255. Silvatec Skovmaskiner AS (Denmark) IV-269
256. Simplicity Australia Pty., Ltd. (Australia) IV-269
257. Simplicity Manufacturing, Inc. (USA) IV-270
258. Sipma SA (Poland) IV-273
259. Sisis Equipment (Macclesfield) Ltd. (UK) IV-274
260. Sitrex Srl (Italy) IV-275
261. Smallholder Tractors Co., Ltd. (UK) IV-275
262. SO.GE.M.A Srl (Italy) IV-275
263. Sonalika Group (India) IV-276
264. Sorring Maskinhandel AS (Denmark) IV-277
265. South Cave Tractors Ltd. (UK) IV-277
266. Southwick Tractor Co., Ltd. (UK) IV-277
267. Sovema SpA (Italy) IV-278
268. Standen Engineering Ltd. (UK) IV-278
269. Stenderup Maskiner AS (Denmark) IV-279
270. Supertino Srl (Italy) IV-279
271. Svenningsens Maskinforretning A/S (Denmark) IV-280
272. Ta Nong Agricultural Machine Co., Ltd. (Taiwan) IV-280
273. Tecnoind Srl (Italy) IV-281
274. Tecnoma (France) IV-281
275. Texas Andreas Petersen AS (Denmark) IV-282
276. The Toro Company (USA) IV-283
Table 208: Nine Months Sales Analysis: 2004-2005 (Nine Months Ended, July) (In US$ million) IV-284
Table 209: Nine Months Sales Analysis by Quarter: 2004-2005 (Nine Months Ended, July) (In US$ million) IV-284
Table 210: Nine Months Sales Analysis by Product: 2004-2005 (Nine Months Ended, July) (In US$ million) IV-284
277. Thilot Holland BV (The Netherlands) IV-285
278. Tong Yang Moolsan Co., Ltd. (Korea) IV-286
279. Tractors And Farm Equipment Limited (India) IV-287
280. Transplant Systems Ltd. (New Zealand) IV-289
281. Trioliet-Mullos BV (The Netherlands) IV-289
282. Ursus Sp. zoo (Poland) IV-290
283. Valpadana SpA (Italy) IV-290
284. Vanden Bussche Irrigation And Equipment Limited (Canada) IV-291
285. Vermeer Manufacturing Company (USA) IV-292
286. VST Tillers Tractors Ltd. (India) IV-301
287. Wirtech AG (Switzerland) IV-301
288. Wolf-Garten GmbH & Co., KG. (Germany) IV-302
289. Yabe SpA (Italy) IV-303
290. Yancheng Tractor Plant (China) IV-303
291. Yanmar Agricultural Equipment Company (Japan) IV-304
Table 211: Annual Sales Analysis: 2005-2006 (In ¥ billion) IV-304
292. Yeomans Plow Company Pty., Ltd. (Australia) IV-305
293. Zappator Srl (Italy) IV-305
294. Zhejiang Sifang Group Corporation (China) IV-306
295. Zimplow Limited (Zimbabwe) IV-306

AGRICULTURAL IMPLEMENTS & MACHINERY

Table of Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

II. EXECUTIVE SUMMARY

1. Market Dynamics II-1

2. Market Structure II-7

3. Product Overview II-12

4. Product Innovations/Introductions II-17

5. Recent Industry Activity II-30

6. Focus on Select Players II-42

7. Global Market Perspective II-46

III. MARKET

1. United States III-1

2. Canada III-28

3. Japan III-35

4. Europe III-44

4a. France III-50

4b. Germany III-55

4c. United Kingdom III-61

4d. Italy III-65

4e. Spain III-69

4f. Russia III-73

4g. Rest of Europe III-78

5. Asia-Pacific III-86

6. The Middle East/Africa III-107

7. Latin America III-110

IV. COMPETITION