Agrievolution AllianceCompany DetailsContacthttps://agrievolution.com/Articles & NewsAgricultureIndia and China Account for Half the Global Agricultural Machinery MarketFigures presented during EIMA Agrimach show that of the 1.9 million tractors sold in 2016, India and China accounted for 990,000 units, confirming them as rapidly expanding markets.AgricultureDeclining Global Tractor Sales Reported for First 9 MonthsGlobal tractor sales for the first 9 months of 2016 have declined in most major countries, though positive trends have been seen in emerging markets such as Vietnam and Kenya.Market AnalysisAgricultural Equipment Manufacturers See Strong Market Potential in AfricaA recent survey by the Agrievolution Alliance shows 43% of agricultural OEMs believe Africa to be a vital market for their business today, while 73.6% believe it has strong potential over the next decade.Market AnalysisAgrievolution reports favorable global business climate for agricultural machineryA recent survey by Agrievolution indicates favorable conditions within the global agricultural machinery industry, and estimates growth of 7% in 2013.Market AnalysisAgriculture Equipment Manufacturing Associations Form New Global AllianceSeveral agriculture equipment manufacturing associations from around the world have formed the Agrievolution Alliance to facilitate global collaboration and cooperation within the industry.Market AnalysisAgrievolution: New Organization StructureThe international organization made up of the associations representing agricultural machinery industries transforms from an informal club into a stable structure with a coordinating committee and an organization secretariat.Request More InformationFill out the form below to request more information about Agrievolution Alliance