Canada Agricultural Machinery Market Report and Forecast 2024-2032
Market Report I 2024-02-14 I 153 Pages I EMR Inc.
Canada Agricultural Machinery Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Canada agricultural machinery market reached a value of USD 7.78 billion in 2023. Aided by the increasing adoption of precision farming techniques, the market is projected to further grow at a CAGR of 7.4% between 2024 and 2032 to reach a value of USD 14.87 billion by 2032.
Canadian agriculture is characterised by its diversity, encompassing a wide range of crops and livestock. The requirement for various types of machinery, including tractors, combine harvesters, plows, and irrigation systems, is extensive, given the country's vast and varied landscape. Agricultural machinery plays an essential role in enhancing productivity, reducing labour costs, and increasing the efficiency of farming operations, making it indispensable for the modern farmer.
The push towards precision agriculture has been a significant driver of the Canada agricultural machinery market growth. Precision agriculture involves the use of advanced technologies, such as GPS, drones, sensors, and data analytics, to optimise crop yields and reduce waste. This approach not only improves farm efficiency but also contributes to environmental sustainability by minimising the use of water, fertilisers, and pesticides. Canadian farmers are increasingly adopting these technologies, driving demand for machinery that is compatible with precision agriculture practices.
Government initiatives and policies influence the Canada agricultural machinery market outlook. Programs that offer financial assistance and incentives for the adoption of green technologies and sustainable farming practices encourage farmers to invest in new machinery. Moreover, trade agreements and export promotion schemes have opened up new markets for Canadian agricultural products, further stimulating investment in machinery to meet the growing demand.
According to the Canada agricultural machinery market analysis, sustainability and environmental considerations are becoming increasingly important in the agricultural machinery sector. Manufacturers are focusing on developing machines that are more fuel-efficient, emit lower levels of greenhouse gases, and are made from sustainable materials. These advancements align with the global shift towards sustainable agriculture and the increasing consumer demand for eco-friendly products.
The Canadian agricultural machinery market is competitive, with a mix of domestic and international manufacturers vying for market share. The presence of well-established global brands, alongside local manufacturers, fosters a dynamic market environment that encourages innovation and competitive pricing. Collaboration between manufacturers and agricultural research institutions also plays a vital role in driving technological advancements and developing machinery tailored to the specific needs of Canadian agriculture.
Market Segmentation
The market can be divided based on tractors, ploughing and cultivating machinery, planting machinery, harvesting machinery, haying and forage machinery, irrigation machinery, application, and region.
Market Breakup by Tractors
- Compact Utility Tractors
- Utility Tractors
- Row Crop Tractors
Market Breakup by Ploughing and Cultivating Machinery
- Ploughs
- Harrows
- Cultivators and Tillers
- Others
Market Breakup by Planting Machinery
- Seed Drills
- Planters
- Spreaders
- Others
Market Breakup by Harvesting Machinery
- Combine Harvesters
- Forage Harvesters
- Others
Market Breakup by Haying and Forage Machinery
- Mowers and Conditioners
- Balers
- Others
Market Breakup by Irrigation Machinery
- Sprinkler Irrigation
- Drip Irrigation
- Others
Market Breakup by Application
- Land Development and Seed Bed Preparation
- Sowing and Planting
- Weed Cultivation
- Plant Protection
- Harvesting and Threshing
- Post-harvest and Agro-Processing
Market Breakup by Region
- Northern Canada
- British Columbia
- Alberta
- The Prairies
- Central Canada
- Atlantic Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Canada agricultural machinery market. Some of the major players explored in the report by Expert Market Research are as follows:
- Deere & Company
- AGCO Corporation
- CNH Industrial NV
- CLAAS KGaA mbH
- Kubota Corporation
- Caterpillar, Inc.
- SDF S.p.A (Deutz-Fahr)
- Yanmar Holdings Co., Ltd.
- KUHN Group, Inc.
- Mahindra & Mahindra Ltd.
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Agricultural Machinery Market Overview
8.1 Key Industry Highlights
8.2 North America Agricultural Machinery Historical Market (2018-2023)
8.3 North America Agricultural Machinery Market Forecast (2024-2032)
8.4 North America Agricultural Machinery Market Share by Country
8.4.1 United States
8.4.2 Canada
9 Canada Agricultural Machinery Market Overview
9.1 Key Industry Highlights
9.2 Canada Agricultural Machinery Historical Market (2018-2023)
9.3 Canada Agricultural Machinery Market Forecast (2024-2032)
10 Canada Agricultural Machinery Market by Tractors
10.1 Compact Utility Tractors
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Utility Tractors
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Row Crop Tractors
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Canada Agricultural Machinery Market by Ploughing and Cultivating Machinery
11.1 Ploughs
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Harrows
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cultivators and Tillers
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Canada Agricultural Machinery Market by Planting Machinery
12.1 Seed Drills
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Planters
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Spreaders
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Canada Agricultural Machinery Market by Harvesting Machinery
13.1 Combine Harvesters
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Forage Harvesters
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Others
14 Canada Agricultural Machinery Market by Haying and Forage Machinery
14.1 Mowers and Conditioners
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Balers
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Others
15 Canada Agricultural Machinery Market by Irrigation Machinery
15.1 Sprinkler Irrigation
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Drip Irrigation
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Others
16 Canada Agricultural Machinery Market by Application
16.1 Land Development and Seed Bed Preparation
16.1.1 Historical Trend (2018-2023)
16.1.2 Forecast Trend (2024-2032)
16.2 Sowing and Planting
16.2.1 Historical Trend (2018-2023)
16.2.2 Forecast Trend (2024-2032)
16.3 Weed Cultivation
16.3.1 Historical Trend (2018-2023)
16.3.2 Forecast Trend (2024-2032)
16.4 Plant Protection
16.4.1 Historical Trend (2018-2023)
16.4.2 Forecast Trend (2024-2032)
16.5 Harvesting and Threshing
16.5.1 Historical Trend (2018-2023)
16.5.2 Forecast Trend (2024-2032)
16.6 Post-harvest and Agro-Processing
16.6.1 Historical Trend (2018-2023)
16.6.2 Forecast Trend (2024-2032)
17 Canada Agricultural Machinery Market by Region
17.1 Northern Canada
17.1.1 Historical Trend (2018-2023)
17.1.2 Forecast Trend (2024-2032)
17.2 British Columbia
17.2.1 Historical Trend (2018-2023)
17.2.2 Forecast Trend (2024-2032)
17.3 Alberta
17.3.1 Historical Trend (2018-2023)
17.3.2 Forecast Trend (2024-2032)
17.4 The Prairies
17.4.1 Historical Trend (2018-2023)
17.4.2 Forecast Trend (2024-2032)
17.5 Central Canada
17.5.1 Historical Trend (2018-2023)
17.5.2 Forecast Trend (2024-2032)
17.6 Atlantic Canada
17.6.1 Historical Trend (2018-2023)
17.6.2 Forecast Trend (2024-2032)
18 Market Dynamics
18.1 SWOT Analysis
18.1.1 Strengths
18.1.2 Weaknesses
18.1.3 Opportunities
18.1.4 Threats
18.2 Porter's Five Forces Analysis
18.2.1 Supplier's Power
18.2.2 Buyer's Power
18.2.3 Threat of New Entrants
18.2.4 Degree of Rivalry
18.2.5 Threat of Substitutes
18.3 Key Indicators for Demand
18.4 Key Indicators for Price
19 Trade Data Analysis (HS Code - 8432, 8433, 8701)
19.1 Major Importing Countries
19.1.1 By Volume
19.1.2 By Value
19.2 Major Exporting Countries
19.2.1 By Volume
19.2.2 By Value
20 Competitive Landscape
20.1 Market Structure
20.2 Company Profiles
20.2.1 Deere & Company
20.2.1.1 Company Overview
20.2.1.2 Product Portfolio
20.2.1.3 Demographic Reach and Achievements
20.2.1.4 Certifications
20.2.2 AGCO Corporation
20.2.2.1 Company Overview
20.2.2.2 Product Portfolio
20.2.2.3 Demographic Reach and Achievements
20.2.2.4 Certifications
20.2.3 CNH Industrial NV
20.2.3.1 Company Overview
20.2.3.2 Product Portfolio
20.2.3.3 Demographic Reach and Achievements
20.2.3.4 Certifications
20.2.4 CLAAS KGaA mbH
20.2.4.1 Company Overview
20.2.4.2 Product Portfolio
20.2.4.3 Demographic Reach and Achievements
20.2.4.4 Certifications
20.2.5 Kubota Corporation
20.2.5.1 Company Overview
20.2.5.2 Product Portfolio
20.2.5.3 Demographic Reach and Achievements
20.2.5.4 Certifications
20.2.6 Caterpillar, Inc.
20.2.6.1 Company Overview
20.2.6.2 Product Portfolio
20.2.6.3 Demographic Reach and Achievements
20.2.6.4 Certifications
20.2.7 SDF S.p.A (Deutz-Fahr)
20.2.7.1 Company Overview
20.2.7.2 Product Portfolio
20.2.7.3 Demographic Reach and Achievements
20.2.7.4 Certifications
20.2.8 Yanmar Holdings Co., Ltd.
20.2.8.1 Company Overview
20.2.8.2 Product Portfolio
20.2.8.3 Demographic Reach and Achievements
20.2.8.4 Certifications
20.2.9 KUHN Group, Inc.
20.2.9.1 Company Overview
20.2.9.2 Product Portfolio
20.2.9.3 Demographic Reach and Achievements
20.2.9.4 Certifications
20.2.10 Mahindra & Mahindra Ltd.
20.2.10.1 Company Overview
20.2.10.2 Product Portfolio
20.2.10.3 Demographic Reach and Achievements
20.2.10.4 Certifications
20.2.11 Others
21 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Agricultural Machinery Market: Key Industry Highlights, 2018 and 2032
2. Canada Agricultural Machinery Market: Key Industry Highlights, 2018 and 2032
3. Canada Agricultural Machinery Historical Market: Breakup by Tractors (USD Billion), 2018-2023
4. Canada Agricultural Machinery Market Forecast: Breakup by Tractors (USD Billion), 2024-2032
5. Canada Agricultural Machinery Historical Market: Breakup by Ploughing and Cultivating Machinery (USD Billion), 2018-2023
6. Canada Agricultural Machinery Market Forecast: Breakup by Ploughing and Cultivating Machinery (USD Billion), 2024-2032
7. Canada Agricultural Machinery Historical Market: Breakup by Planting Machinery (USD Billion), 2018-2023
8. Canada Agricultural Machinery Market Forecast: Breakup by Planting Machinery (USD Billion), 2024-2032
9. Canada Agricultural Machinery Historical Market: Breakup by Harvesting Machinery (USD Billion), 2018-2023
10. Canada Agricultural Machinery Market Forecast: Breakup by Harvesting Machinery (USD Billion), 2024-2032
11. Canada Agricultural Machinery Historical Market: Breakup by Haying and Forage Machinery (USD Billion), 2018-2023
12. Canada Agricultural Machinery Market Forecast: Breakup by Haying and Forage Machinery (USD Billion), 2024-2032
13. Canada Agricultural Machinery Historical Market: Breakup by Irrigation Machinery (USD Billion), 2018-2023
14. Canada Agricultural Machinery Market Forecast: Breakup by Irrigation Machinery (USD Billion), 2024-2032
15. Canada Agricultural Machinery Historical Market: Breakup by Application (USD Billion), 2018-2023
16. Canada Agricultural Machinery Market Forecast: Breakup by Application (USD Billion), 2024-2032
17. Canada Agricultural Machinery Historical Market: Breakup by Region (USD Billion), 2018-2023
18. Canada Agricultural Machinery Market Forecast: Breakup by Region (USD Billion), 2024-2032
19. Major Importing Countries by Volume
20. Major Exporting Countries by Volume
21. Major Importing Countries by Value
22. Major Exporting Countries by Value
23. Canada Agricultural Machinery Market Structure
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.