Title: Surging Market Penetration in Power Tiller Market and Rising Dealer Network will Boost Agri Machines Sales of VEAM Corporation: Ken Research
1Surging Market Penetration in Power Tiller Market
and Rising Dealer Network will Boost Agri
Machines Sales of VEAM Corporation Ken Research
2Ken Research announced its latest publication on
Vietnam Engine and Agricultural Machinery
Corporation Company Analysis Gaining Market
Penetration in Power Tillers Market provides a
comprehensive analysis regarding the performance
of the company and its agricultural machinery
products in Vietnam. The report covers aspects
such as the market size on the basis of revenue
generated from the sale of agricultural
equipments under various product categories. The
revenues of the company has been segmented based
on various product categories including two wheel
tractors/ power tillers, four wheel tractors,
combine harvesters and rice transplanters..
3- The revenues of the company have also been
segmented on the basis of regional sales and
distribution channel. The publication also covers
the working model, best sellers of VEAM
corporation products. In addition to this, a
comparative analysis of best selling VEAM
Corporation products in power tillers, four wheel
tractors, rice transplanters, and others with
other Agri machine companies has been showcased
in order to understand the market share. The
financial performance of the company along with
the expected future 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 other
stakeholders to align their market centric
strategies according to the ongoing and 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 with almost
equal focus on all the three regions (south,
north and central). VEAM is using a large dealer
network with equal presence in all the three
regions to increase its share in the market.
4Over 60 of farming machinery being used within
the Vietnamese domestic marketplace was from
China in 2012, largely because of the possible
lack of Government financial support to local
producers. Market for agricultural machinery in
Vietnam has enhanced by a CAGR of 6.8 over the
period 2010-2015. Amplifying sales of tractors
along with implements, combine harvesters and
rice transplanters have propelled the market for
agricultural machinery in Vietnam over the period
2010-2015. VEAM has a stronghold in two wheel
tractor category. It sells powerful two wheel
Iseki tractors from 16 HP to 26 HP. According
to Research Analyst at Ken Research, the company
is focused on the market by developing a sales
network, reducing costs and improving information
shared between the producer and customers. The
company foresees an increase in the competitive
pressure and thus aims to develop
customer-oriented services and products at
competitive prices.
5It is expected that VEAM will continue to invest
more in their core sectors such as manufacturing
agricultural machinery, auxiliary industry and
truck production to boost production, fabrication
and machining of parts and components for the
automobile industry Key Topics Covered in the
Report Company Overview of VEAM Corporation,
Manufacturing Facilities and Product Lines, and
Competition Value Chain Analysis and Working
Model for VEAM Corporation Agri Machines,
2015 Financial and Operating Performance and
Market Size of VEAM Corporation, 2010-2015 VEAM
Corporation Revenue Segmentation by Product
Category, 2015
6VEAM 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, 2 wheel 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 and VEAM
Contribution. Competitive Landscape of VEAM
Corporation vis a viz other Agricultural
Machinery Companies, 2016 Financial Performance
for VEAM Corporation Expected Financial
Performance of VEAM Corporation including
Business Plans and Future Strategies
7Vietnam 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
Report Four wheel Tractors, Two wheel Tractors/
Power Tillers, Rice Transplanters, Combine
Harvesters, Auto Components Companies Covered
in the Report Kubota Vietnam Co. Ltd, Yanmar
Vietnam, Vikyno and Vinappro (SVEAM), Phan Tan
Agricultural Machinery
8To know more on coverage, click on the link
below https//www.kenresearch.com/agriculture-and
-animal-care/agriculture-equipment/veam-corporatio
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Future Growth Contact UsKen ResearchAnkur
Gupta, Head Marketing CommunicationsAnkur_at_kenre
search.com91-9015378249
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