Agricultural Equipment Market
Agricultural Equipment Market is Segmented by Category, Application, Ownership, and Region through 2035
Analysis of Agricultural Equipment Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Agricultural Equipment Market Outlook from 2025 to 2035
From USD 133.1 billion in 2025 to USD 202.78 billion in 2035, the global Agricultural Equipment industry will grow at a steady CAGR of 4.3% during the forecast period. Increasing demand for mechanizing agriculture worldwide and precision agriculture technologies have stimulated the growth of this industry. The increasing need to improve the productivity of farms in order to keep up with shrinking arable land and available workforce remains a pertinent imperative.
Key players such as Deere & Company, CNH Industrial, AGCO Corporation, and Kubota Corporation have made increased investments in AI-powered tractors, autonomous harvesters, and real-time analytical platforms in recent years. Fact.MR analysis indicates that GPS-enabled equipment integration and IoT platforms are enhancing decision-making and reducing operational inefficiencies in leading farming economies. Further, government support for sustainable and mechanized agriculture solutions in regions of North America, Europe, and Southeast Asia has driven equipment penetration.
However, the sector remains held back by a variety of structural constraints. Capital expenditure at a level that is too high and a lack of access to credit in the developing industry restrict the volume adoption of equipment. Additionally, environmental regulations and conformity to emissions of heavy-duty equipment incur costs and complexity for manufacturers. Despite these constraints, Fact.MR opines that the rising electrification of farming equipment and the development of modular and compact-size smart tools will yield lucrative opportunities, particularly for smallholder farms and emerging firms.
Geopolitical uncertainty, supply chain disruptions, and inflation in raw materials are persisting risks. However, the broader imperative of food security, climate-resilient agriculture, and digitalization of the agri-food ecosystem will keep the global industry on a strong growth trajectory till 2035.
Key Metrics
Metric | Value |
---|---|
Industry Size (2025E) | USD 133.1 billion |
Industry Value (2035F) | USD 202.78 billion |
CAGR (2025 to 2035) | 4.3% |
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Key Agricultural Equipment Industry Dynamics and Outlook
Rising Adoption of Precision Farming Technologies to Spur Demand
One of the key drivers of growth for the global agricultural equipment industry is the growing adoption of precision farming technologies. Fact.MR research identified that technological innovation in GPS, drones, and real-time data analytics has enabled farmers to optimize yield, reduce waste, and enhance productivity, leading to increasing demand for sophisticated mechanized equipment.
A growing population across the world and consequent pressure on farm output continue to fuel the mechanization of agriculture. Nations are investing immensely in raising production per hectare of crops. Fact.MR is of the view that subsidies from the government, lower credit restrictions, and rural electrification programs are helping farmers adopt high-efficiency equipment, particularly in the developing world.
Steep Costs May Hamper Sales
Even with strong momentum, high capital costs are a significant barrier. Start-up tractors, harvesters, and smart implements are financially out of reach for the majority of small farmers. Fact.MR is of the view that a lack of funding mechanisms and slow return on investment also discourages mass adoption in developing economies.
The second major hindrance is the expertise of operating and maintaining sophisticated machinery. The majority of regions are lacking in the technical workforce necessary to drive digitalized or autonomous farm equipment. Fact.MR is of the opinion that weak infrastructure, unstable after-sales service networks, and low levels of training programs restrict effective use of next-generation technologies in rural agricultural regions.
Adoption of Electric Equipment to Create Opportunities
There is significant growth potential for electric and hybrid farm equipment. Rising regulatory push to decarbonize gear and farmer demand to decrease fuel reliance are driving innovation in electric tractors and equipment. Fact.MR survey propounds that startups and legacy OEMs are racing to bring clean, low-emission gear in the coming decade.
Besides, with the implementation of AI and IoT in agricultural processes, doors to smart agriculture platforms are being opened. Networked machines are becoming essential for predictive analytics in crop cycles or for the regulation of irrigation systems. Fact.MR is of the opinion that early industries, especially those with increasing smartphone penetration rates, are particularly well-positioned for immediate uptake of these kinds of technology.
Geopolitical Tensions May Impede Demand
Geopolitical tensions and supply chain interference continue to risk the agricultural machinery supply situation. Trade policy uncertainty, semiconductor scarcity, and global raw material price inflation are risks to production and pricing. Fact.MR research indicates that steel and component volatility have already contributed to delays and margin compression across leading manufacturers.
Environmental sustainability pressures and evolving regulatory environments also challenge equipment makers. Severe emission requirements and environmental safety standards increase production costs and limit flexibility.
Agricultural Equipment Industry Demand Analysis and Impact
The global agricultural equipment industry functions through a complex value chain of interdependent stakeholders whose combined influence decides the pace and extent of growth. Upstream component makers and raw material providers are the cornerstone upon which the entire system is founded, providing vital inputs such as steel, hydraulics, electronics, and semiconductors. Suppliers are faced with enormous pressure on availability and costs due to global inflation as well as trade disruptions, impacting the manufacturing processes and price structures of the whole industry.
The manufacturers, lead firms like Deere & Company, AGCO Corporation, and CNH Industrial, are driving innovation and scalability. Their R&D spending choices, automation integration plans, and diversification of product lines directly impact next-generation agricultural solution availability. Increasingly, they team up with software companies and technology houses to incorporate artificial intelligence, telematics, and data analytics into equipment. Fact.MR research concluded that co-operation between players is key in responding to demand for precision agriculture and intelligent farming solutions.
Investors are leading the way by investing in novel technologies and upscaling production. Institutional investors, as well as venture capital firms, are committing to sustainable and digitized agri-tech through investments, calling for the design of electric and autonomous tractors, AI-facilitated crop management solutions, and drone-based machinery. Fact.MR opines that investment trends have now turned in favor of business models driven by innovation over traditional manufacturing growth, determining the competitiveness of the industry.
Regulators and policy institutions shape the compliance environment by mandating safety, emissions, and sustainability standards. Subsidies and fiscal incentives help to increase adoption levels among smallholder farmers, but stringent environmental regulations raise manufacturing costs. This tension creates both barriers and opportunities, where firms that react quickly to green compliance standards gain a long-term competitive edge.
End-users, be they smallholder farmers or commercial-scale agri-enterprises, remain at the center of determining demand. They dictate product development and after-sales service initiatives based on their needs for reliability, cost, and technical assistance. However, information deficits and thin budgets in poor regions constrain equipment adoption, causing a gap between innovation supply and on-the-ground use.
Industry strategic leverage lies at the point of convergence between technology and inclusive finance. Disruptive OEM-fintech-agritech platform collaborations can democratize access and drive deep-industry penetration. Fact.MR analysis opines that ecosystem-based collaborations-ranging from connectivity, training, and embedded finance-have a clear trajectory towards growth, resilience, inclusiveness, and innovation, led through 2035.
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Agricultural Equipment Industry Analysis by Top Investment Segments
The agricultural equipment industry is segmented by equipment type into tractor-pulled/ attachment and self-propelled. By application, the segment includes harvesting & threshing, weed cultivation, plant protection, post-harvest & agro-processing, as well as land development and seedbed preparation. Ownership models in this space are categorized into individual and rental usage, reflecting the financial flexibility and operational scale of farmers and agribusinesses. Regionally, the industry spans North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
By Category
The self-propelled category will be the most lucrative equipment segment between 2025 and 2035, as mechanization increases in developing and advanced economies and there is an increased demand for high-efficiency machines that reduce labor and increase field productivity. Self-propelled equipment sales will experience high growth throughout the period from 2025 to 2035, with an estimated CAGR of 5.4% due to rising digital farming adoption.
Technological innovation-such as GPS-enabled systems, autonomous driving features, and analytics embedded in equipment-is enabling farmers to make real-time decisions to optimize crop yields while reducing input expenses. A Fact.MR analysis shows that self-propelled units give growers in all farm sizes irrevocable access through their enhanced speed, elevated precision, and user-friendly features.
By Application
The land development & seed bed preparation segment is likely to be the most lucrative in the context of application between 2025 and 2035, with the increased interest in root zone condition improvement, optimization of seed placement, and soil overall health prior to sowing. Thus, the segment will expand by a CAGR of approximately 5.1% during the forecast period and will lead in growth compared to other application classes.
This is a stage in which ultimate yields are established, which has prompted both private participants and public sector schemes to invest significant amounts of capital in deep tillage, levelling equipment, and precision seeding machinery. Fact.MR is of the opinion that rapid expansion in row crop farming and heightened awareness of conservation tillage will continue to support demand for land-prep machinery.
By Ownership
In 2025 to 2035, the rental segment is expected to be the highest-profit ownership solution, led by the rising cost of sophisticated equipment, declining per-acre profitability, and growing shared economy model penetration in rural setups. In the face of rising economic inclusion and IT penetration among farmer communities, the rental segment shall mature with a CAGR of roughly 5.6%, significantly ahead of the individual ownership mode.
Marginal farmers and small farmers, particularly in Sub-Saharan Africa and South Asia, are increasingly looking for rental-based entry to technologically advanced machinery on a low capital basis. Fact.MR survey highlighted that digital industry places offering instant rental of machines and pay-as-you-use lending are accelerating the transition.
Analysis of Top Countries, Producing, Using, and Distributing Agricultural Equipment
United States
Fact.MR anticipates that the industry in the United States will expand at a steady CAGR of 5.2% during 2025 to 2035. The U.S. remains a top precision farming adoption center, supported by heavy subsidies, digitalization, and a robust private sector. With farm consolidation expanding and labor availability reducing, the adoption of autonomous tractors and drone-based field operations is increasing.
USDA regulation backing climate-resilient farming practices is also driving mechanized solutions ahead. In-country makers are investing in electrification and AI-based machinery, making it operationally efficient and sustainable. Availability of funds, backed by an evolved agri-supply chain, makes the U.S. the global leader in machinery innovation. Finally, strong exports to Latin America and Eastern Europe provide a second dimension of growth for U.S.-based manufacturers.
India
According to Fact.MR analysis, the landscape in India will grow at 6.4% CAGR between 2025 and 2035. India's level of mechanization, while conventionally low, is rapidly undergoing a shift on the back of government-funded subsidy programs, improved rural incomes, and shifting to semi-automatic activity from manual modes. The Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) and Custom Hiring Centers (CHCs) are key drivers hastening access to mechanized tools.
The tractor segment is the dominant demand driver, albeit opportunities are growing in horticulture mechanization and post-harvest plant processing. Drought and falling water tables are fueling demand for efficiency equipment. Indian start-ups are contributing to technology innovations with IoT technology and small-holder automation, making a new world power in frugal engineering and digital agriculture.
China
Fact.MR expects the sector for agricultural machinery in China to expand at a CAGR of 5.8% from 2025 through 2035, driven by rural zone transformation on an industrial scale and expansion in domestic manufacturing capacity. Smart farming has been accorded high priority in the 14th Five-Year Plan of China. It is in the process of triggering mass adoption of AI-based systems, satellite monitoring, and electrically operated implements. The country is moving from labor-intensive to autonomous technology in its northeast grain belts, with strong state-supported investments flowing into agri-tech hubs.
Export competitiveness is also being strengthened, with Chinese enterprises deeply penetrating African and Southeast Asian industries. Rapid urbanization and labor shortages are forcing big cooperatives to install high-capacity, multi-purpose units. As supply chain localisation gains momentum, China will be all set to rewrite global cost structures in the sector.
United Kingdom
Fact.MR projects the industry in the United Kingdom to progress at a CAGR of 4.6% through the years 2025 to 2035. Agricultural reform following Brexit has opened up possibilities for expansion by innovation, with DEFRA's Environmental Land Management schemes offering funding incentives for green mechanisation. British farms are rapidly adopting autonomous weeding technologies and sensor-driven soil monitors to improve precision.
Indigenous innovation is strong, especially in robotics and automation, and it is achieved through centres like the Agri-EPI Centre. However, skill shortages and inflationary pressure on input prices remain significant constraints. The UK is also home to R&D in battery-powered machinery and backfitted digital platforms. Cross-border collaborations with EU-based producers still ensure technology exchange despite trade barriers. Shifting to regenerative agriculture is impacting forthcoming procurement patterns in the industry.
Germany
According to Fact.MR, the sales in Germany will record a CAGR of 4.8% over the forecast period of 2025 to 2035. Germany's superior manufacturing and traditional leadership in precision engineering still propel regional tendencies. The country is home to several of Europe's largest OEMs, with significant investments in electrification and autonomous technology.
Public-private partnerships are driving R&D in intelligent machinery, as export capability to Central Europe and South America underpins worldwide presence. EU directives and sustainability regulations drive demand for eco-friendly and energy-efficient equipment as well. Circular machinery models and reuse and retrofitting research prioritized by German cooperatives also lead the charge. Supply chain risk in times of geopolitical turmoil notwithstanding, Germany's adaptability remains unbeatable in marshaling innovations.
South Korea
Fact.MR forecasts that the agri-machinery sector in South Korea will record a CAGR of 4.5% in the period from 2025 to 2035, supported by aggressive government stimulus and advanced manufacturing infrastructure. Korea is renowned for its technology-driven approach and is forging ahead with sleek, IoT-powered machines adapted to its minuscule land size.
Urban-rural technology convergence, in the form of intelligent greenhouses and vertical farm technologies, is influencing machinery acquisitions. The Korean Ministry of Agriculture, Food and Rural Affairs is still investing in AI-based pest management technologies and autonomous field work.
Local Korean firms are expanding their international footprint, particularly in ASEAN economies. Aging farm populations and shrinking land under cultivation are, nonetheless, propelling a corresponding push toward automation to sustain productivity. Collaboration with academic organizations is also critical to continue to spur innovation fronts.
Japan
As per Fact.MR analysis of the landscape in Japan is anticipated to rise at a 4.4% CAGR during the years 2025 to 2035, spearheaded by its dominance in robotics and miniaturized equipment. Since Japan's rural labor force is rapidly aging, coupled with very fragmented landholding habits, compact autonomous systems find great demand there. Kubota and Yanmar, two of the global leaders, are working on sophisticated hybrid engines and GPS-equipped field robots.
Government incentives under the Smart Agriculture policy are pushing digital adoption in rice and horticulture cultivation. Japan is also a net exporter of sophisticated hardware to Southeast Asia, leveraging proximity to the region. With domestic consumption plateauing, focus is shifting towards efficiency, carbon neutrality, and export diversification. With sustainability at the core of national policy, Japan is rewriting the future trajectory of mechanized agriculture.
France
Fact.MR projects the industry in France to grow at a CAGR of 4.5% between 2025 and 2035, spurred by policy shifts on the environment and increasing reliance on digital agriculture. The preeminence of France in wine and cereal production necessitates a large variety of specialized machinery. CAP reforms and eco-schemes are stimulating investments in precision equipment that reduce soil erosion and maximize the use of resources.
Local firms are collaborating with tech startups to develop cloud-based fleet control systems. There is an emerging trend toward battery-powered units in the context of decarbonization targets. Innovation is still high despite industry maturity, owing to strong academic-industry linkages and EU funding. Cross-border shipments to Eastern Europe and Northern Africa provide additional momentum to France's role in regional mechanization standards.
Italy
The sales in Italy are projected by Fact.MR will grow at a CAGR of 4.3% during the forecast period, which is aligned with global trends but impacted by its niche focus on specialty crops and vineyard automation. The Italian machinery industry is expanding firmly into specialist industries such as olive harvesting and steep-slope cultivation equipment. Precision spraying equipment and autonomous inter-row cultivators are being subsidized by the government under the National Recovery and Resilience Plan.
Regional innovation clusters in Emilia-Romagna and Lombardy propel mechanical excellence to this day. Export resilience to Eastern Europe and the Mediterranean ensures economic sustainability irrespective of internal fragmentation. Smallholder adoption remains a challenge. However, digital service strategies are bridging the gaps. Italian design heritage guarantees functionality-driven demand, ensuring demand for high-efficiency, tailor-made units.
Australia and New Zealand
Fact.MR expects the sector in Australia and New Zealand to record a CAGR of 4.7% during the forecast period, fueled by extensive commercial-scale farms and ample demand for sustainability-based technology. Australia boasts vast deserts that require advanced soil-conditioning equipment and extended-range autonomous operations. New Zealand is mainly interested in dairy and viticulture automation, with robotics becoming increasingly significant in reducing labor reliance.
Both countries enjoy favorable trade relations with the Asian-Pacific region, which encourages the re-export of equipment. Global warming adaptation technologies-such as moisture-sensitive seeders and water-saving tillers-are being rapidly adopted. With government assistance being directed towards carbon-neutral agriculture goals, manufacturers are creating equipment for emissions compliance. The twin-region approach also encourages hybrid diesel-electric equipment and AI-driven land surveying equipment.
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Competitive landscape highlights only certain players
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Leading Agricultural Equipment Companies and their Industry Share
In 2024, Deere & Company (25-30% industry share) remained at the forefront of the world, with its advanced autonomous tractors and precision agriculture technology "See & Spray™," supporting sustainability and efficiency of operation on large farms.
Bucher Industries AG (20-25%) is strengthening its base in Europe and Latin America. It complements the Kuhn Group's soil preparation and crop management equipment capabilities with new offerings focused on high-yielding, low-carbon farming solutions.
Tractor and Farm Equipment Limited (TAFE) (15-20%) continues to dominate the Indian subcontinent, driving exports into Africa and Southeast Asia with low-cost, robust tractors optimized for smallholder needs and arid-zone durability.
SDF S.p.A. (10-15%) is growing in Mediterranean and Eastern European industries with backing from its Deutz-Fahr brand and newly launched digital cockpit interface for mid-range tractors for orchard and vineyard applications.
LEMKEN GmbH & Co. KG (8-12%) is further consolidating its niche leadership in seeder and cultivation equipment with the introduction of AI-integrated tillage systems with real-time depth control, winning in Western Europe and North America.
ISEKI & CO. LTD. (5-8%) is expanding its small-scale machinery line for fragmented land ownership in Japan and Southeast Asia, aiming at intelligent paddy field automation and super lightweight cultivators.
Deutz-Fahr (5-7%), as a member of the SDF group, has independent momentum in Central Europe and South America through its high-horsepower, emissions-compliant tractors and expanding dealership networks.
Company Name | Estimated Industry Share (%) |
---|---|
Deere & Company | 25-30% |
Bucher Industries AG | 20-25% |
Tractor and Farm Equipment Limited (TAFE) | 15-20% |
SDF S.p.A. | 10-15% |
LEMKEN GmbH & Co. KG | 8-12% |
ISEKI & CO. LTD. | 5-8% |
Deutz-Fahr | 5-7% |
Key Strategies of Agricultural Equipment Manufacturers, Suppliers and Distributors
In the agricultural equipment sector, all stakeholder groups adopt different strategies to suit prevailing industry trends and remain competitive. Manufacturers are increasingly concentrating on product innovation, that is, incorporating precision farming technology into their products. These consist of autonomous machines, sensors integrated with the Internet of Things, and AI-based data analytics to enhance farm efficiency and sustainability. Manufacturers are also extending their geographical presence, particularly in developing countries, where the demand for mechanized farming grows at the fastest rate.
Investors are putting huge amounts of capital into businesses that espouse green processes and technology. Investment firms are seriously putting capital into companies that specialize in producing energy-efficient and carbon-free agriculture equipment, as global environmental regulations continue to tighten. They are also making strategic acquisitions to establish a foundation in rapidly developing industries, such as Asia and Latin America, where agriculture is rapidly being modernized.
Regulators are having a greater impact on the industry by mandating tighter environmental requirements. Manufacturers are compelled to respond by adhering to emissions levels and promoting low-carbon technology development. Regulators are also promoting precision farming solutions, which can help cut wastage of resources and enhance agricultural yields, thereby fostering an environment that supports innovation in equipment.
End-users, particularly big farmers, are increasingly adopting bundled technology solutions to improve farm productivity. The end-users are searching for more fuel-efficient machines with reduced maintenance requirements and higher performance in different farm conditions. End-users are also signing long-term leasing agreements with manufacturers to reduce initial capital expenditure and maintain alignment with evolving technological developments.
Technology vendors are concentrating on creating new software platforms to make agricultural machinery more efficient. The platforms are designed for data analysis, machine-to-machine communication, and predictive maintenance so that equipment can be monitored and adjusted in real time. As more equipment becomes connected, technology vendors are working with farmers to embed their software within machinery on farms.
Distributors are reinforcing supply chains by forging closer relationships with manufacturers and end users. They are making distribution networks faster and more flexible to capitalize on rising demand, particularly in remote rural regions. They are also enhancing the value of services like machine leasing and after-sales service to capture more of the expanding industry.
Key Success Factors Driving the Industry
All but the major drivers of success for the agricultural equipment sector are either sustainability or technology-driven. It is said that smart farm technologies, including autonomous tractors, drones, and AI-based equipment, are revolutionizing operational procedures and have thus increased output and resource utilization.
With these technologies, one can practice precision farming, maximizing input use while minimizing environmental impact- the exact concerns that farmers have regarding cheap and sustainable methods of agriculture. This desire for connectivity and equipment automation also facilitates real-time data capture, preventive maintenance, performance optimization, and thus overall farm management improvement.
Another leading driver is the growing need for mechanized agriculture in emerging economies, where ever-growing populations and limited pieces of usable land are creating the need for higher productivity. As the governments of these nations are promoting the use of high-tech farm equipment with incentives and subsidies, producers are taking advantage of the trend by increasing their presence there.
Local partnerships between Fuelsmart and distributors and service providers help the company expand its industry presence while improving service availability, which simultaneously drives organizational growth. The company succeeds by adjusting to evolving environmental regulations and worldwide sustainability targets due to increased stakeholder needs to achieve strict emissions requirements and consumer expectations for sustainable farming practices.
Other Key Players
- Bucher Industries AG
- Deere & Company
- Tractor and Farm Equipment Limited (TAFE)
- LEMKEN GmbH & Co. KG
- ISEKI & CO., LTD.
- Deutz-Fahr
- SDF S.p.A.
- Krone UK Group
- Mahindra & Mahindra Ltd.
- CNH Industrial N.V.
- Mitsubishi Mahindra Agricultural Machinery Co. Ltd.
- CLAAS KGaA mbH
- EXEL Industries
- Kubota Corporation
- AGCO Corporation
- Yanmar Co., Ltd.
- Trelleborg AB
- Fendt (part of AGCO Corporation)
- New Holland Agriculture (part of CNH Industrial)
- Valtra (part of AGCO Corporation)
- Case IH (part of CNH Industrial)
- Doosan Infracore
- Väderstad AB
- Raven Industries (acquired by CNH Industrial)
- Precision Planting (part of John Deere)
- JCB Agriculture
Segmentation
-
By Category :
- Tractor-Pulled/ Attachment
- Self-Propelled
-
By Application :
- Harvesting & Threshing
- Weed Cultivation
- Plant Protection
- Post-harvest & Agro-processing
- Land Development & Seed Bed Preparation
-
By Ownership :
- Individual
- Rental
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- Executive Summary
- Industry Introduction, including Taxonomy and Market Definition
- Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- Global Market Demand Analysis 2020 to 2024 and Forecast 2025 to 2035, including Historical Analysis and Future Projections
- Pricing Analysis
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035
- Category
- Application
- Ownership
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, by Category
- Tractor-Pulled/ Attachment
- Self-Propelled
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, by Application
- Harvesting & Threshing
- Weed Cultivation
- Plant Protection
- Post-harvest & Agro-processing
- Land Development & Seed Bed Preparation
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, by Ownership
- Individual
- Rental
- Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, by Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
- North America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
- Latin America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
- Western Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
- Eastern Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
- East Asia Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
- South Asia & Pacific Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
- Middle East & Africa Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
- Sales Forecast 2025 to 2035 by Category, Application, Ownership, and Region for 30 Countries
- Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- Company Profile
- Bucher Industries AG
- Deere & Company
- Tractor and Farm Equipment Limited (TAFE)
- LEMKEN GmbH & Co. KG
- ISEKI & CO. LTD.
- Deutz-Fahr
- SDF S.p.A.
- Krone UK Group
- Mahindra & Mahindra Ltd.
- CNH Industrial N.V.
- Mitsubishi Mahindra Agricultural Machinery Co. Ltd.
- CLAAS KGaA mbH
- EXEL Industries
- Kubota Corporation
- AGCO Corporation
- Yanmar Co., Ltd.
- Trelleborg AB
- Fendt (part of AGCO Corporation)
- New Holland Agriculture (part of CNH Industrial)
- Valtra (part of AGCO Corporation)
- Case IH (part of CNH Industrial)
- Doosan Infracore
- Väderstad AB
- Raven Industries (acquired by CNH Industrial)
- Precision Planting (part of John Deere)
- JCB Agriculture
- Assumptions and Acronyms Category
- Research Methodology
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- FAQs -
What are the greatest trends driving growth in the farm equipment industry?
This industry has witnessed greater demand for precision agriculture technology, automation, and environment-friendly equipment options.
How are evolving regulations affecting agricultural equipment design?
Sustainability regulations require firms to think inventively about green equipment and the reduction of emissions.
How does advancement in technology affect the agriculture sector?
Automation, AI, and IoT are progressively transforming operations, boosting efficiency, and cutting labor costs to some degree in agricultural activities.
Which geographies are seeing the highest demand for agriculture equipment?
Geographies, like North America, East Asia, and South Asia, have been commanding huge demand with the increased pace of industrialization and food production demands.
What will the size of the agricultural equipment industry be in 2035?
It is anticipated that the industry will be valued at USD 202.78 billion in 2035, with a high CAGR of 4.3%.