Global Farm Equipment Market 2024-2028

Description

List of Tables

The farm equipment market is forecasted to grow by USD 41.12 bn during 2023-2028, accelerating at a CAGR of 5.47% during the forecast period. The report on the farm equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of precision farming technologies, growing awareness and implementation of sustainable agricultural practices, and consistently increasing global population and demand for food.

Technavio's farm equipment market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.06%
CAGR	5.47%
Incremental Value	$41.12bn

By Type

Manual
Semi automatic
Automatic

By Product

Implement
Combines
Sprayer
Baler

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the growing adoption of small tractors by small and private farms, vineyards, and orchards owners as one of the prime reasons driving the farm equipment market growth during the next few years. Also, inclination towards collaborative farming models and expanding market penetration of farm equipment through rentals will lead to sizable demand in the market.

The report on the farm equipment market covers the following areas:

Farm equipment market sizing
Farm equipment market forecast
Farm equipment market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading farm equipment market vendors that include AGCO Corp., Argo Tractors SpA, Brohawk exports, Bucher Industries AG, CLAAS KGaA mBH, CNH Industrial NV, Deere and Co., Duravant LLC, ISEKI and Co. Ltd., J C Bamford Excavators Ltd., Kubota Corp., LEMKEN GmbH and Co. KG, Mahindra and Mahindra Ltd., Maschio Gaspardo Spa, SDF SpA, Sitrex spa, Sonalika International Tractors Ltd., Vaderstad AB, Yanmar Holdings Co. Ltd., and VST Tillers Tractors Ltd.. Also, the farm equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40263

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global farm equipment market 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 Product Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Type

6.1 Market segments
6.2 Comparison by Type
6.3 Manual - Market size and forecast 2023-2028
6.4 Semi automatic - Market size and forecast 2023-2028
6.5 Automatic - Market size and forecast 2023-2028
6.6 Market opportunity by Type

7 Market Segmentation by Product

7.1 Market segments
7.2 Comparison by Product
7.3 Implement - Market size and forecast 2023-2028
7.4 Combines - Market size and forecast 2023-2028
7.5 Sprayer - Market size and forecast 2023-2028
7.6 Baler - Market size and forecast 2023-2028
7.7 Market opportunity by Product

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Australia - Market size and forecast 2023-2028
9.11 Brazil - Market size and forecast 2023-2028
9.12 France - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 AGCO Corp.
12.4 Argo Tractors SpA
12.5 Brohawk exports
12.6 Bucher Industries AG
12.7 CLAAS KGaA mBH
12.8 CNH Industrial NV
12.9 Deere and Co.
12.10 ISEKI and Co. Ltd.
12.11 J C Bamford Excavators Ltd.
12.12 Kubota Corp.
12.13 LEMKEN GmbH and Co. KG
12.14 Mahindra and Mahindra Ltd.
12.15 Maschio Gaspardo Spa
12.16 Sonalika International Tractors Ltd.
12.17 Yanmar Holdings Co. Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations