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Posts tagged to Machinery

The global Agricultural Machinery market reached a value of $61.7 billion in 2011

  Despite continuing financial and economic uncertainty impacting the global economy, agricultural machinery achieved recovery in 2011, with both developed and developing nations posting a strong recovery. Volumes of sales continued to increase, and levels have already fully recovered from the 2009 decline. Industry Figures The global market expanded by 11.9% in 2011, to reach a value of $61.7 billion, indicating a compound annual growth rate (CAGR) of 3.9% in the period 2007-2011. Growth in this period was primarily driven by Asia-Pacific and Europe, who achieved the largest CAGRs in… Read more