Market Share of Vietnam Agricultural Machinery Industry
The agricultural machinery market in Vietnam is moderately consolidated with few players cornering the majority of the market share. New product launches, partnerships, and acquisitions are the major strategies adopted by the leading companies in the market, in the country. Along with innovations and expansions, investments in R&D and developing novel product portfolios are likely to be crucial strategies in the coming years. Kubota, CLAAS KGaA mbH, Yanmar, Iseki, CNH, and VEAM are the largest companies that provide agricultural machinery in the Vietnamese market. The major players are ready for investment and various companies are adopting different strategies to increase their market presence in this market in Vietnam.
Vietnam Agricultural Machinery Market Leaders
CLAAS KGaA mbH
Kubota Corporation
Yanmar Vietnam
Iseki Corporation
Vietnam Engine and Agricultural Machinery Corporation (VEAM)
*Disclaimer: Major Players sorted in no particular order
