Global Agricultural Machinery Manufacturing Market Size study & Forecast, by Type, by Automation, by Business (Original Equipment Manufacturers, Aftersales) and Regional Analysis, 2023-2030

Description

List of Tables

Global Agricultural Machinery Manufacturing Market is valued at approximately USD 121.20 billion in 2022 and is anticipated to grow with a CAGR growth rate of more than 4.6% over the forecast period 2023-2030. Agriculture machinery manufacturing involves the design, production, and assembly of equipment specifically tailored for agricultural purposes. These machines play a crucial role in enhancing agricultural productivity and efficiency by mechanizing various tasks involved in farming and livestock management. Agriculture machinery manufacturers develop a wide range of equipment, including tractors, harvesters, seeders, sprayers, irrigation systems, and livestock handling machinery. These machines are designed to perform tasks such as plowing, planting, fertilizing, spraying, harvesting, and transporting agricultural produce. The goal of agriculture machinery manufacturing is to provide farmers with reliable, durable, and technologically advanced equipment that helps optimize farming operations, improve yields, reduce labor requirements, and ultimately contribute to the sustainability and profitability of the agriculture industry. Moreover, increasing demand for food and the growing agriculture industry are anticipated to be the growth drivers of this market. Furthermore, an adaptation of smart farming solutions and government support & initiatives may encourage the growth of the market.

According to International Monitory Fund (IMF) in 2022, there are currently over 828 million people worldwide who experience chronic hunger, while an alarming 345 million individuals face acute food insecurity, putting their lives and livelihoods at immediate risk. These staggering figures highlight the critical and urgent need to address global food insecurity, ensuring that access to sufficient and nutritious food becomes a reality for everyone. Also, increasing the hunger index significantly leads to the rise in demand for food worldwide. According to India Brand Equity Foundation (IBEF) in 2022, the Indian agricultural sector is projected to reach a value of USD 24 billion by 2025. The Indian food and grocery market ranks as the world's sixth largest, with retail accounting for 70% of total sales. The First Advance Estimates for FY23 (Kharif only) indicate a total foodgrain production of 149.92 million tons in the country. The industry's growth is primarily fueled by the rapid population expansion in India. However, high maintenance & affordability costs and a lack of technical skills & training may hamper the growth of the market during the forecasted period of 2023-2030.

The key regions considered for the Global Agricultural Machinery Manufacturing Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominates the agriculture machinery manufacturing market due to its robust agricultural sector, rapid economic growth, and increasing population. The region's large agricultural economies, such as China and India, drive the demand for advanced machinery. Favorable government policies, rapid urbanization, and technological advancements further contribute to its dominance. With a growing population and the need for efficient farming practices, Asia Pacific is the fastest growing region in the agriculture machinery manufacturing market. The region benefits from government support, urbanization-driven demand, and technological expertise, making it a significant player in the global market.

Major market player included in this report are:

CNH Industrial N.V.
AGCO Corporation
J C Bamford Excavators Ltd.
Deere & Company
Escorts Kubota Limited
SDF S.p.A.
China National Machinery Industry Corporation
Mahindra & Mahindra Ltd.
KUBOTA Corporation
Lindsay Corporation

Recent Developments in the Market:

In March 2022, SurePointAg Systems, a manufacturer of liquid fertilizer application and sprayed tendering systems, and irrigation injection equipment joined forces with John Deere through a joint venture. This partnership allows SurePointAg to leverage John Deere's advanced technologies to improve productivity across its product range.
In April 2021, A strategic partnership was established between New Holland Agriculture and the Agricultural Division of Alamo Group. Alamo Group, a renowned provider of implements and attachments that are fully compatible with New Holland's compact and mid-range tractors lineup, joined forces with New Holland Agriculture in this collaboration.

Global Agricultural Machinery Manufacturing Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Automation, Business, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Agriculture Spraying Equipment
Hay and Forage Machines
Tractors
Harvesters
Soil Preparation and Cultivation
Irrigation and Crop Processing
Others

By Automation:

Manual
Semi-Automatic
Automatic

By Business:

Original Equipment Manufacturers (OEMs)
Aftersales

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Agriculture Machinery Manufacturing Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Agriculture Machinery Manufacturing Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Agriculture Machinery Manufacturing Market, by Automation, 2020-2030 (USD Billion)
- 1.2.4. Agriculture Machinery Manufacturing Market, by Business, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Agriculture Machinery Manufacturing Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Agriculture Machinery Manufacturing Market Dynamics

3.1. Agriculture Machinery Manufacturing Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Demand for Food
  - 3.1.1.2. Growing Agriculture Industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High Maintenance & Affordability Cost
  - 3.1.2.2. Lack of Technical Skills & Training
- 3.1.3. Market Opportunities
  - 3.1.3.1. Adaptation of Smart Farming Solutions
  - 3.1.3.2. Government Support & Initiatives

Chapter 4. Global Agriculture Machinery Manufacturing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Agriculture Machinery Manufacturing Market, by Type

5.1. Market Snapshot
5.2. Global Agriculture Machinery Manufacturing Market by Type, Performance - Potential Analysis
5.3. Global Agriculture Machinery Manufacturing Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Agriculture Machinery Manufacturing Market, Sub Segment Analysis
- 5.4.1. Agriculture Spraying Equipment
- 5.4.2. Hay and Forage Machines
- 5.4.3. Tractors
- 5.4.4. Harvesters
- 5.4.5. Soil Preparation and Cultivation
- 5.4.6. Irrigation and Crop Processing
- 5.4.7. Others

Chapter 6. Global Agriculture Machinery Manufacturing Market, by Automation

6.1. Market Snapshot
6.2. Global Agriculture Machinery Manufacturing Market by Automation, Performance - Potential Analysis
6.3. Global Agriculture Machinery Manufacturing Market Estimates & Forecasts by Automation 2020-2030 (USD Billion)
6.4. Agriculture Machinery Manufacturing Market, Sub Segment Analysis
- 6.4.1. Manual
- 6.4.2. Semi-Automatic
- 6.4.3. Automatic

Chapter 7. Global Agriculture Machinery Manufacturing Market, by Business

7.1. Market Snapshot
7.2. Global Agriculture Machinery Manufacturing Market by Business, Performance - Potential Analysis
7.3. Global Agriculture Machinery Manufacturing Market Estimates & Forecasts by Business 2020-2030 (USD Billion)
7.4. Agriculture Machinery Manufacturing Market, Sub Segment Analysis
- 7.4.1. Original Equipment Manufacturers (OEMs)
- 7.4.2. Aftersales

Chapter 8. Global Agriculture Machinery Manufacturing Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Agriculture Machinery Manufacturing Market, Regional Market Snapshot
8.4. North America Agriculture Machinery Manufacturing Market
- 8.4.1. U.S. Agriculture Machinery Manufacturing Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Automation breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Business breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Agriculture Machinery Manufacturing Market
8.5. Europe Agriculture Machinery Manufacturing Market Snapshot
- 8.5.1. U.K. Agriculture Machinery Manufacturing Market
- 8.5.2. Germany Agriculture Machinery Manufacturing Market
- 8.5.3. France Agriculture Machinery Manufacturing Market
- 8.5.4. Spain Agriculture Machinery Manufacturing Market
- 8.5.5. Italy Agriculture Machinery Manufacturing Market
- 8.5.6. Rest of Europe Agriculture Machinery Manufacturing Market
8.6. Asia-Pacific Agriculture Machinery Manufacturing Market Snapshot
- 8.6.1. China Agriculture Machinery Manufacturing Market
- 8.6.2. India Agriculture Machinery Manufacturing Market
- 8.6.3. Japan Agriculture Machinery Manufacturing Market
- 8.6.4. Australia Agriculture Machinery Manufacturing Market
- 8.6.5. South Korea Agriculture Machinery Manufacturing Market
- 8.6.6. Rest of Asia Pacific Agriculture Machinery Manufacturing Market
8.7. Latin America Agriculture Machinery Manufacturing Market Snapshot
- 8.7.1. Brazil Agriculture Machinery Manufacturing Market
- 8.7.2. Mexico Agriculture Machinery Manufacturing Market
8.8. Middle East & Africa Agriculture Machinery Manufacturing Market
- 8.8.1. Saudi Arabia Agriculture Machinery Manufacturing Market
- 8.8.2. South Africa Agriculture Machinery Manufacturing Market
- 8.8.3. Rest of Middle East & Africa Agriculture Machinery Manufacturing Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. CNH Industrial N.V.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. AGCO Corporation
- 9.3.3. J C Bamford Excavators Ltd.
- 9.3.4. Deere & Company
- 9.3.5. Escorts Kubota Limited
- 9.3.6. SDF S.p.A.
- 9.3.7. China National Machinery Industry Corporation
- 9.3.8. Mahindra & Mahindra Ltd.
- 9.3.9. KUBOTA Corporation
- 9.3.10. Lindsay Corporation

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Agriculture Machinery Manufacturing Market, report scope
TABLE 2. Global Agriculture Machinery Manufacturing Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Agriculture Machinery Manufacturing Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Agriculture Machinery Manufacturing Market estimates & forecasts by Automation 2020-2030 (USD Billion)
TABLE 5. Global Agriculture Machinery Manufacturing Market estimates & forecasts by Business 2020-2030 (USD Billion)
TABLE 6. Global Agriculture Machinery Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Agriculture Machinery Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Agriculture Machinery Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Agriculture Machinery Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Agriculture Machinery Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Agriculture Machinery Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Agriculture Machinery Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Agriculture Machinery Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Agriculture Machinery Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Agriculture Machinery Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Agriculture Machinery Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Agriculture Machinery Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Agriculture Machinery Manufacturing Market
TABLE 71. List of primary sources, used in the study of global Agriculture Machinery Manufacturing Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Agriculture Machinery Manufacturing Market, research methodology
FIG 2. Global Agriculture Machinery Manufacturing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Agriculture Machinery Manufacturing Market, key trends 2022
FIG 5. Global Agriculture Machinery Manufacturing Market, growth prospects 2023-2030
FIG 6. Global Agriculture Machinery Manufacturing Market, porters 5 force model
FIG 7. Global Agriculture Machinery Manufacturing Market, pest analysis
FIG 8. Global Agriculture Machinery Manufacturing Market, value chain analysis
FIG 9. Global Agriculture Machinery Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Agriculture Machinery Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Agriculture Machinery Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Agriculture Machinery Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Agriculture Machinery Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Agriculture Machinery Manufacturing Market, regional snapshot 2020 & 2030
FIG 15. North America Agriculture Machinery Manufacturing Market 2020 & 2030 (USD Billion)
FIG 16. Europe Agriculture Machinery Manufacturing Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Agriculture Machinery Manufacturing Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Agriculture Machinery Manufacturing Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Agriculture Machinery Manufacturing Market 2020 & 2030 (USD Billion)