PUBLISHER: QYResearch | PRODUCT CODE: 1128902
PUBLISHER: QYResearch | PRODUCT CODE: 1128902
The global market scale of Agricultural Machinery and Equipment was 123.5 billion dollars in 2021. In the next five years, the global consumption of Agricultural Machinery and Equipment will show upward tendency further, it is expected to reach 134.9 billion dollars by 2022 and 179.1 billion dollars by 2028, with the CAGR of 4.84% from 2022 to 2028.
The global Agricultural Machinery and Equipment market is relatively scatted. There are large multinational enterprises and small local players scatted all around the world. John Deere, CNH Industrial, Kubota, AGCO, Claas captured the top five global revenue share spots in the Agricultural Machinery and Equipment market in 2021, accounting for 48 percent revenue share. LOVOL is the largest player in China.
In this study, the market for Agricultural Machinery and Equipment was divided into five geographic regions. Asia-Pacific occupied the largest production market share with 41% in 2021 in terms of value. It is followed by North America and Europe.
The global Agricultural Machinery and Equipment market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Agricultural Machinery and Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.