企业竞争图谱：2024年农业机械 头豹词条报告系列

Investment Rating - The agricultural machinery industry is rated as 4 stars for its market scale from 2019 to 2028 [40] Core Insights - The agricultural machinery industry is characterized by significant seasonal demand, primarily concentrated during spring plowing and autumn harvest [8][9] - The market size of the agricultural machinery industry increased from 469.674 billion to 598.709 billion yuan from 2019 to 2023, with a compound annual growth rate (CAGR) of 6.26%. It is expected to grow from 625.478 billion to 931.563 billion yuan from 2024 to 2028, with a CAGR of 10.47% [38][39] Industry Definition - Agricultural machinery refers to machines and equipment used for agricultural production and related activities, as defined by the Agricultural Mechanization Promotion Law of the People's Republic of China [3][4] Industry Classification - The agricultural machinery industry is classified into 32 major categories, 107 subcategories, and 504 items according to the Ministry of Agriculture and Rural Affairs of China [4] Industry Characteristics - The Asia-Pacific region is the largest agricultural machinery production area globally, with significant development potential [7] - The mechanization rate of crop planting and harvesting in China is continuously improving, but there are imbalances in development across different regions and crops [9] Development History - The agricultural machinery industry in China has gone through five stages: industrialization initiation (1949-1979), system transformation (1980-1995), market orientation (1996-2003), rapid development (2004-2013), and new normal development (2014-present) [11][19] Industry Chain Analysis - The agricultural machinery industry chain includes upstream raw material suppliers, midstream manufacturers, and downstream users such as cooperatives and farmers [23] Market Size and Growth - The agricultural machinery market size is projected to grow significantly, driven by government subsidies and increasing mechanization rates [39][40] Policy Overview - The government has implemented various policies to promote agricultural mechanization, including subsidies for purchasing new machinery and promoting the use of advanced technology [43][45]