Surging Market Penetration in Power Tiller Market and Rising Dealer Network will Boost Agri Machines Sales of VEAM Corporation: Ken Research

Ken Research announced its latest publication on “Vietnam Engine andAgricultural Machinery Corporation Company Analysis – Gaining MarketPenetration in Power Tillers Market” provides a comprehensive analysisregarding the performance of the company and its agricultural machineryproducts in Vietnam. The report covers aspects such as the market size onthe basis of revenue generated from the sale of agricultural equipmentsunder various product categories. The revenues of the company has beensegmented based on various product categories including two wheeltractors/ power tillers, four wheel tractors, combine harvesters and ricetransplanters..

The revenues of the company have also been segmented on the basis ofregional sales and distribution channel. The publication also covers theworking model, best sellers of VEAM corporation products. In addition to this,a comparative analysis of best selling VEAM Corporation products in powertillers, four wheel tractors, rice transplanters, and others with other Agrimachine companies has been showcased in order to understand the marketshare. The financial performance of the company along with the expectedfuture performance of the company has also been showcased in the report.This report will help industry consultants, agri machines manufacturers,dealers, potential entrants into the agri machines segment and otherstakeholders to align their market centric strategies according to the ongoingand expected trends in the future.

VEAM has the largest and the most diverse network of dealers in Vietnam.VEAM has deployed around 300 dealers all across Vietnam. VEAM withalmost equal focus on all the three regions (south, north and central). VEAMis using a large dealer network with equal presence in all the three regions toincrease its share in the market.

Over 60% of farming machinery being used within the Vietnamesedomestic marketplace was from China in 2012, largely because of thepossible lack of Government financial support to local producers. Marketfor agricultural machinery in Vietnam has enhanced by a CAGR of 6.8%over the period 2010-2015. Amplifying sales of tractors along withimplements, combine harvesters and rice transplanters have propelledthe market for agricultural machinery in Vietnam over the period 2010-2015. VEAM has a stronghold in two wheel tractor category. It sellspowerful two wheel Iseki tractors from 16 HP to 26 HP.

“According to Research Analyst at Ken Research, “the company is focusedon the market by developing a sales network, reducing costs andimproving information shared between the producer and customers. Thecompany foresees an increase in the competitive pressure and thus aimsto develop customer-oriented services and products at competitiveprices”.

It is expected that VEAM will continue to invest more in their core sectors suchas manufacturing agricultural machinery, auxiliary industry and truckproduction to boost production, fabrication and machining of parts andcomponents for the automobile industry

Key Topics Covered in the Report:

Company Overview of VEAM Corporation, Manufacturing Facilities andProduct Lines, and Competition

Value Chain Analysis and Working Model for VEAM Corporation AgriMachines, 2015

Financial and Operating Performance and Market Size of VEAM Corporation,2010-2015

VEAM Corporation Revenue Segmentation by Product Category, 2015

VEAM Revenue Segmentation on the basis of Regional Sales, 2015

VEAM Segmentation on the basis of Distribution Channel, 2015

Market Size of Vietnam Agricultural Machinery including Four wheel tractors, 2wheel tractors, rice transplanters, combine harvesters and tractor implements,on the basis of Sales Volume, 2015

Market Share of Players in Agricultural Machinery Industry in Vietnam andVEAM Contribution.

Competitive Landscape of VEAM Corporation vis a viz other AgriculturalMachinery Companies, 2016

Financial Performance for VEAM Corporation

Expected Financial Performance of VEAM Corporation including Business Plansand Future Strategies

Vietnam Engine and Agricultural Machinery Corporation

Vietnam Engine and Agricultural Machinery Management

Vietnam Engine and Agricultural Machinery Corporation Strategy

Vietnam Engine and Agricultural Machinery Corporation Production

Vietnam Engine and Agricultural Machinery Corporation Competition

Key Products Mentioned in the ReportFour wheel Tractors, Two wheel Tractors/ Power Tillers, Rice Transplanters, Combine Harvesters, Auto Components

Companies Covered in the ReportKubota Vietnam Co. Ltd, Yanmar Vietnam, Vikyno and Vinappro (SVEAM), Phan Tan Agricultural Machinery

To know more on coverage, click on the link below:https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/veam-corporation/49302-104.html

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