Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1451692
PUBLISHER: IMARC | PRODUCT CODE: 1451692
Agriculture Equipment Market Report by Equipment Type, Application, Sales Channel (Original Equipment Manufacturers, Aftermarket), and Region 2024-2032
PUBLISHED:
PAGES: 138 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global agriculture equipment market size reached US$ 173.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 255.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.23% during 2024-2032.
Agriculture equipment is used for performing various tasks in farming, such as harvesting crops, spraying fields, seeding, tilling fields, breeding cows, and feeding livestock. It comprises mowers, backhoe, harrow, cultivator, rake, tractor, combine harvester, sprayers, chain saw, brush cutters, and sawmills. It enhances the efficiency and productivity of farming by minimizing human labor and reducing errors, physical shortcomings and wastage in agriculture. It assists in cultivating land by smoothing hillocks, filling in depressions and gullies, and removing deep-rooted weeds while preventing soil erosion. In addition, it reduces fodder area and enlarges crop area to produce food for human consumption.
Agriculture Equipment Market Trends:
At present, the growing awareness among farmers about the benefits of using agriculture equipment represents one of the key factors driving the market. Besides this, governments of several countries are promoting the usage of agriculture equipment by providing loan waiver schemes to farmers. They are also providing funds to farmers for adopting sustainable agriculture practices and enhancing productivity using machinery, which is contributing to the growth of the market. Moreover, the integration of technologically advanced agricultural robotics in farming, such as autonomous tractors and flying drones, to help farmers produce food at low costs is propelling the growth of the market. In addition, the growing demand for electric tractors to reduce air pollution and greenhouse gas emissions is offering a positive market outlook. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce self-propelled machines in farming. They are also focusing on various marketing strategies to expand their customer base. Additionally, the rising demand for enhanced machines with high-power to farm hard-to-access areas and handle a wide range of implements is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global agriculture equipment market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on equipment type, application and sales channel.
Breakup by Equipment Type:
Agriculture Tractor
Harvesting Equipment
Irrigation and Crop Processing Equipment
Agriculture Spraying and Handling Equipment
Soil Preparation and Cultivation Equipment
Others
Breakup by Application:
Land Development
Threshing and Harvesting
Plant Protection
After Agro Processing
Breakup by Sales Channel:
Original Equipment Manufacturers (OEM)
Aftermarket
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AGCO Corporation, Agromaster Agricultural Machinery, Argo Tractors S.p.A., Bellota Agrisolutions, China National Machinery Industry Corporation, CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, Escorts Limited, Iseki & Co. Ltd., JC Bamford Excavators Ltd., Kubota Corporation, Mahindra & Mahindra Limited and SDF Group.
Key Questions Answered in This Report
- 1. What was the size of the global agriculture equipment market in 2023?
- 2. What is the expected growth rate of the global agriculture equipment market during 2024-2032?
- 3. What are the key factors driving the global agriculture equipment market?
- 4. What has been the impact of COVID-19 on the global agriculture equipment market?
- 5. What is the breakup of the global agriculture equipment market based on the equipment type?
- 6. What is the breakup of the global agriculture equipment market based on the application?
- 7. What is the breakup of the global agriculture equipment market based on the sales channel?
- 8. What are the key regions in the global agriculture equipment market?
- 9. Who are the key players/companies in the global agriculture equipment market?
Product Code: SR112024A6344
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Agriculture Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Equipment Type
- 6.1 Agriculture Tractor
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Harvesting Equipment
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Irrigation and Crop Processing Equipment
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Agriculture Spraying and Handling Equipment
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Soil Preparation and Cultivation Equipment
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Land Development
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Threshing and Harvesting
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Plant Protection
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 After Agro Processing
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Sales Channel
- 8.1 Original Equipment Manufacturers (OEM)
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aftermarket
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 AGCO Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Agromaster Agricultural Machinery
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Argo Tractors S.p.A.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Bellota Agrisolutions
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 China National Machinery Industry Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 CLAAS KGaA mbH
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 CNH Industrial N.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Deere & Company
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Escorts Limited
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Iseki & Co. Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 JC Bamford Excavators Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Kubota Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.13 Mahindra & Mahindra Limited
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.14 SDF Group
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.1 AGCO Corporation
Product Code: SR112024A6344
List of Figures
- Figure 1: Global: Agriculture Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Agriculture Equipment Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Agriculture Equipment Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Agriculture Equipment Market: Breakup by Equipment Type (in %), 2023
- Figure 5: Global: Agriculture Equipment Market: Breakup by Application (in %), 2023
- Figure 6: Global: Agriculture Equipment Market: Breakup by Sales Channel (in %), 2023
- Figure 7: Global: Agriculture Equipment Market: Breakup by Region (in %), 2023
- Figure 8: Global: Agriculture Equipment (Agriculture Tractor) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Agriculture Equipment (Agriculture Tractor) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Agriculture Equipment (Harvesting Equipment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Agriculture Equipment (Harvesting Equipment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Agriculture Equipment (Irrigation and Crop Processing Equipment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Agriculture Equipment (Irrigation and Crop Processing Equipment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Agriculture Equipment (Agriculture Spraying and Handling Equipment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Agriculture Equipment (Agriculture Spraying and Handling Equipment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Agriculture Equipment (Soil Preparation and Cultivation Equipment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Agriculture Equipment (Soil Preparation and Cultivation Equipment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Agriculture Equipment (Other Equipment Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Agriculture Equipment (Other Equipment Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Agriculture Equipment (Land Development) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Agriculture Equipment (Land Development) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Agriculture Equipment (Threshing and Harvesting) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Agriculture Equipment (Threshing and Harvesting) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Agriculture Equipment (Plant Protection) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Agriculture Equipment (Plant Protection) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Agriculture Equipment (After Agro Processing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Agriculture Equipment (After Agro Processing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Agriculture Equipment (Original Equipment Manufacturers (OEM)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Agriculture Equipment (Original Equipment Manufacturers (OEM)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Agriculture Equipment (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Agriculture Equipment (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: North America: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: North America: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: United States: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: United States: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Canada: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Canada: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Asia-Pacific: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Asia-Pacific: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: China: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: China: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Japan: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Japan: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: India: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: India: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: South Korea: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: South Korea: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Australia: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Australia: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Indonesia: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Indonesia: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Others: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Others: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Europe: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Europe: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Germany: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Germany: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: France: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: France: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: United Kingdom: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: United Kingdom: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Italy: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Italy: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Spain: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Spain: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Russia: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Russia: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Others: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Others: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Latin America: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Latin America: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Brazil: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Brazil: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Mexico: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Mexico: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Others: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Others: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Middle East and Africa: Agriculture Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Middle East and Africa: Agriculture Equipment Market: Breakup by Country (in %), 2023
- Figure 80: Middle East and Africa: Agriculture Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Global: Agriculture Equipment Industry: SWOT Analysis
- Figure 82: Global: Agriculture Equipment Industry: Value Chain Analysis
- Figure 83: Global: Agriculture Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Agriculture Equipment Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Agriculture Equipment Market Forecast: Breakup by Equipment Type (in Million US$), 2024-2032
- Table 3: Global: Agriculture Equipment Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Agriculture Equipment Market Forecast: Breakup by Sales Channel (in Million US$), 2024-2032
- Table 5: Global: Agriculture Equipment Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Agriculture Equipment Market: Competitive Structure
- Table 7: Global: Agriculture Equipment Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.