Agriculture Equipment Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2032
Market Report I 2025-03-30 I 180 Pages I Infinium Global Research and Consulting Solutions
The report on the global agriculture equipment market provides qualitative and quantitative analysis for the period from 2022-2032. The global agriculture equipment market was valued at USD 166.45 billion in 2023 and is expected to reach USD 269.23 billion in 2032, with a CAGR of 5.50% during the forecast period of 2024-2032. The study on agriculture equipment market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2022-2032.
The report on agriculture equipment market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global agriculture equipment market over the period of 2022-2032. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global agriculture equipment market over the period of 2022-2032. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
- The shift towards mechanized farming is driving the growth of the agriculture equipment market.
- Government initiatives and subsidies are driving the growth of the agriculture equipment market.
2) Restraints
- The growth in the rental market can hamper the growth of the agriculture equipment market.
3) Opportunities
- Precision agriculture is expected to offer lucrative opportunities for the growth of the market.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global agriculture equipment market is segmented on the basis of product, and application.
The Global Agriculture Equipment Market by Product
- Tractors
- Irrigation & Crop Processing Equipment
- Spraying Equipment
- Harvesting Equipment
- Planting Equipment
- Others
The Global Agriculture Equipment Market by Application
- Land Development & SeedBed Preparation
- Sowing & Planting
- Weed Cultivation
- Plant Protection
- Harvesting & Threshing
- Post-harvesting & Agro Processing
Company Profiles
The companies covered in the report include
- John Deere
- AGCO Corporation
- Mahindra&Mahindra Ltd.
- KUBOTA Corporation
- Alamo Group Inc.
- Exel Industries
- SDF Group
- ISEKI & CO.,LTD.
- Bobcat Company
- CLAAS KGaA mbH
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the agriculture equipment market.
2. Complete coverage of all the segments in the agriculture equipment market to analyze the trends, developments in the global market and forecast of market size up to 2032.
3. Comprehensive analysis of the companies operating in the global agriculture equipment market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Agriculture Equipment Market Highlights
2.2. Agriculture Equipment Market Projection
2.3. Agriculture Equipment Market Regional Highlights
Chapter 3. Global Agriculture Equipment Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Product
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Agriculture Equipment Market
Chapter 4. Agriculture Equipment Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Agriculture Equipment Market
5.2. Companies Profiles
5.2.1. John Deere
5.2.2. AGCO Corporation
5.2.3. Mahindra&Mahindra Ltd.
5.2.4. KUBOTA Corporation
5.2.5. Alamo Group Inc.
5.2.6. Exel Industries
5.2.7. SDF Group
5.2.8. ISEKI & CO.,LTD.
5.2.9. Bobcat Company
5.2.10. CLAAS KGaA mbH
Chapter 6. Global Agriculture Equipment Market by Product
6.1. Tractors
6.2. Irrigation & Crop Processing Equipment
6.3. Spraying Equipment
6.4. Harvesting Equipment
6.5. Planting Equipment
6.6. Others
Chapter 7. Global Agriculture Equipment Market by Application
7.1. Land Development & SeedBed Preparation
7.2. Sowing & Planting
7.3. Weed Cultivation
7.4. Plant Protection
7.5. Harvesting & Threshing
7.6. Post-harvesting & Agro Processing
Chapter 8. Global Agriculture Equipment Market by Region 2024-2032
8.1. North America
8.1.1. North America Agriculture Equipment Market by Product
8.1.2. North America Agriculture Equipment Market by Application
8.1.3. North America Agriculture Equipment Market by Country
8.1.3.1. The U.S. Agriculture Equipment Market
8.1.3.1.1. The U.S. Agriculture Equipment Market by Product
8.1.3.1.2. The U.S. Agriculture Equipment Market by Application
8.1.3.2. Canada Agriculture Equipment Market
8.1.3.2.1. Canada Agriculture Equipment Market by Product
8.1.3.2.2. Canada Agriculture Equipment Market by Application
8.1.3.3. Mexico Agriculture Equipment Market
8.1.3.3.1. Mexico Agriculture Equipment Market by Product
8.1.3.3.2. Mexico Agriculture Equipment Market by Application
8.2. Europe
8.2.1. Europe Agriculture Equipment Market by Product
8.2.2. Europe Agriculture Equipment Market by Application
8.2.3. Europe Agriculture Equipment Market by Country
8.2.3.1. Germany Agriculture Equipment Market
8.2.3.1.1. Germany Agriculture Equipment Market by Product
8.2.3.1.2. Germany Agriculture Equipment Market by Application
8.2.3.2. United Kingdom Agriculture Equipment Market
8.2.3.2.1. United Kingdom Agriculture Equipment Market by Product
8.2.3.2.2. United Kingdom Agriculture Equipment Market by Application
8.2.3.3. France Agriculture Equipment Market
8.2.3.3.1. France Agriculture Equipment Market by Product
8.2.3.3.2. France Agriculture Equipment Market by Application
8.2.3.4. Rest of Europe Agriculture Equipment Market
8.2.3.4.1. Rest of Europe Agriculture Equipment Market by Product
8.2.3.4.2. Rest of Europe Agriculture Equipment Market by Application
8.3. Asia Pacific
8.3.1. Asia Pacific Agriculture Equipment Market by Product
8.3.2. Asia Pacific Agriculture Equipment Market by Application
8.3.3. Asia Pacific Agriculture Equipment Market by Country
8.3.3.1. China Agriculture Equipment Market
8.3.3.1.1. China Agriculture Equipment Market by Product
8.3.3.1.2. China Agriculture Equipment Market by Application
8.3.3.2. Japan Agriculture Equipment Market
8.3.3.2.1. Japan Agriculture Equipment Market by Product
8.3.3.2.2. Japan Agriculture Equipment Market by Application
8.3.3.3. India Agriculture Equipment Market
8.3.3.3.1. India Agriculture Equipment Market by Product
8.3.3.3.2. India Agriculture Equipment Market by Application
8.3.3.4. Rest of Asia-Pacific Agriculture Equipment Market
8.3.3.4.1. Rest of Asia-Pacific Agriculture Equipment Market by Product
8.3.3.4.2. Rest of Asia-Pacific Agriculture Equipment Market by Application
8.4. RoW
8.4.1. RoW Agriculture Equipment Market by Product
8.4.2. RoW Agriculture Equipment Market by Application
8.4.3. RoW Agriculture Equipment Market by Sub-region
8.4.3.1. Latin America Agriculture Equipment Market
8.4.3.1.1. Latin America Agriculture Equipment Market by Product
8.4.3.1.2. Latin America Agriculture Equipment Market by Application
8.4.3.2. Middle East Agriculture Equipment Market
8.4.3.2.1. Middle East Agriculture Equipment Market by Product
8.4.3.2.2. Middle East Agriculture Equipment Market by Application
8.4.3.3. Africa Agriculture Equipment Market
8.4.3.3.1. Africa Agriculture Equipment Market by Product
8.4.3.3.2. Africa Agriculture Equipment Market by Application
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