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Farm (Agricultural) Equipment Market, Global Outlook and Forecast 2023-2030

Farm (Agricultural) Equipment Market, Global Outlook and Forecast 2023-2030

  • Published on : 11 December 2023
  • Pages :129
  • Report Code:SMR-7873796

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Report overview

The global Farm (Agricultural) Equipment market was valued at US$ 117410 million in 2022 and is projected to reach US$ 144080 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Farm (Agricultural) Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Farm (Agricultural) Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Farm (Agricultural) Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Agriculture Equipment market covers Wheel Drive Tractors, Crawler Tractors, Harvesters, Sprayers, Others, etc. The typical players include John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL, etc.
Agricultural machinery is machinery used in farming or other agriculture. There are many types of such equipment including tractors, Harvesters, planting, seeding and tillage equipment, etc.
This report aims to provide a comprehensive presentation of the global market for Farm (Agricultural) Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Farm (Agricultural) Equipment. This report contains market size and forecasts of Farm (Agricultural) Equipment in global, including the following market information:

  • Global Farm (Agricultural) Equipment Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Farm (Agricultural) Equipment Market Sales, 2018-2023, 2024-2030, (Units)
  • Global top five Farm (Agricultural) Equipment companies in 2022 (%)

The global agriculture 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 5 global revenue share spots in the agriculture equipment market, accounting for 44 percent revenue share. The market segment by five types: Wheel Drive Tractors, Crawler Tractors, Harvesters, Sprayers and other. Wheel Drive Tractors is the dominated type, accounting for about 47% sales market share.
We surveyed the Farm (Agricultural) Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Farm (Agricultural) Equipment Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Farm (Agricultural) Equipment Market Segment Percentages, by Type, 2022 (%)

  • Farm Tractors
  • Harvesting Machinery
  • Planting & Fertilizing Machinery
  • Haying Machinery
  • Livestock Machinery
  • Plowing & Cultivating Machinery
  • Parts & Attachments
  • Other Agricultural Equipment

Global Farm (Agricultural) Equipment Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Farm (Agricultural) Equipment Market Segment Percentages, by Application, 2022 (%)

  • Livestock Management
  • Farm Management

Global Farm (Agricultural) Equipment Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Farm (Agricultural) Equipment Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)​

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Farm (Agricultural) Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Farm (Agricultural) Equipment revenues share in global market, 2022 (%)
  • Key companies Farm (Agricultural) Equipment sales in global market, 2018-2023 (Estimated), (Units)
  • Key companies Farm (Agricultural) Equipment sales share in global market, 2022 (%)

key players include:

  • AGCO
  • CLAAS
  • CNH Industrial
  • John Deere
  • Kubota
  • SAME Deutz-Fahr(SDF)
  • Kuhn
  • Kverneland
  • Mascar
  • MaterMacc
  • Alamo
  • Argo
  • Amazone H. Dreyer
  • Bucher
  • Daedong
  • Escorts
  • Mahindra & Mahindra
  • Eicher Tractors
  • Angad Tractors
  • PreetTractors

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Farm (Agricultural) Equipment, market overview.
  • Chapter 2: Global Farm (Agricultural) Equipment market size in revenue and volume.
  • Chapter 3: Detailed analysis of Farm (Agricultural) Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Farm (Agricultural) Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Farm (Agricultural) Equipment capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.