One of the main factors projected to drive the increase is expected to be the Agriculture Equipment expansion of mechanization in the agricultural sector along with the rise in farmer income. The government's loan waiver programmes for farmers of all income levels and favourable climatic conditions for food production are also thought to boost Agriculture Equipment expansion. It is projected that technologically sophisticated agricultural robotics, such as flying drones and autonomous tractors that assist farmers produce food at low costs to meet the rising need for food, will offer better chances for the growth of Agriculture Equipment. One of the barriers to the adoption of agricultural equipment, particularly for low-income farmers, is expected to be the high initial cost of such equipment. One of the new revenue sources for market growth to overcome such obstacles is anticipated to be the rental industry.
