Farm Equipment - Company Evaluation Report, 2025
Market Report I 2025-06-01 I 195 Pages I MarketsandMarkets
The Farm Equipement Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Farm Equipement. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 100 companies, of which the Top 21 Farm Equipement Companies were categorized and recognized as the quadrant leaders.
Technological innovations in agriculture have been driven by factors such as erratic weather patterns, a growing global population, diverse soil conditions-including moisture levels and water availability-and rising demand for agricultural output. To meet increasing productivity requirements, farmers are increasingly transitioning from traditional methods to mechanized farming solutions. The adoption of equipment like combine harvesters, rice transplanters, sprayers, and balers is projected to rise in the near future. Government initiatives aimed at encouraging farm mechanization, including subsidies, financial aid, insurance schemes, and support programs, are playing a significant role in accelerating the growth of the farm equipment market. Additionally, advancements in precision farming and the introduction of autonomous tractors through ongoing research and development efforts are expected to elevate agricultural practices to new levels of efficiency and innovation.
The 360 Quadrant maps the Farm Equipement companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Farm Equipement quadrant. The top criteria for product footprint evaluation included By Function (Plowing & Cultivating, Sowing & Planting, Plant Protection and Fertilizing, Harvesting and Threshing and other functions), By Propulsion (Battery Electric, Hybird Electric and Hydrogen), By Equipment Type (Tractors, Combines, Sprayers and Balers), By Power Output (<30 HP, 31-70 HP, 71-130 HP, 131-250 HP, >250 HP), By Drive Type (Two-wheel drive and Four-Wheel Drive) and By type (Feller Bunchers, Harvesters, Forwarders, Loaders, Skidders and Swing Machines
Key Players
Key players in the Digital Signature market include major global corporations and specialized innovators such as DEERE & COMPANY, CNH INDUSTRIAL N.V., MAHINDRA&MAHINDRA LTD., AGCO CORPORATION, KUBOTA CORPORATION, CLAAS KGAA MBH, ISEKI & CO., LTD., ESCORTS KUBOTA LIMITED, SDF GROUP, and YANMAR HOLDINGS CO., LTD.. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.
Top 3 Companies
Deere & Company
Deere & Company (John Deere) leads the market with a diverse product portfolio that includes compact, utility, row-crop, and 4WD tractors. Notably, the company is focusing on expanding its manufacturing capabilities and increasing its presence in North America. For example, it invested USD 13.5 million in 2024 to expand its manufacturing facility in Missouri. Additionally, Deere & Company's strong emphasis on technological innovations, such as its collaboration with Robert Bosch GmbH to develop precision seeding islands with electric tractors, highlights its forward-thinking approach.
CNH Industrial N.V.
CNH Industrial N.V. ranks as a key market player with significant investments in new engine plants and expansions in emerging markets. The company is renowned for its brands like Case IH and New Holland and its robust product offering, which includes tractors and telehandlers. Its strategic focus on compliance with emission norms and regional expansion bolsters its global footprint.
Kubota Corporation
Kubota Corporation is a major contributor to the farm equipment sector, offering products under various brands like Kverneland and Land Pride. The company is lauded for its innovation in smart agriculture systems, supporting farm activities through advanced technologies. With a strong global presence and a commitment to enhancing its product portfolio, Kubota is well-positioned to meet rising demands in precision farming.
1 INTRODUCTION 13
1.1 MARKET DEFINITION 13
1.2 INCLUSIONS AND EXCLUSIONS 13
2 EXECUTIVE SUMMARY 14
2.1 REPORT SUMMARY 14
3 MARKET OVERVIEW 18
3.1 INTRODUCTION 18
3.2 MARKET DYNAMICS 19
3.2.1 DRIVERS 19
3.2.1.1 Government support through farm loan waivers/credit finance 19
3.2.1.2 OEM/sales incentives to support dealer services and
rental operations 20
3.2.1.3 Contract farming 20
3.2.1.4 Increase in farm mechanization 22
3.2.2 RESTRAINTS 23
3.2.2.1 Growth of rental market 23
3.2.2.2 High cost of equipment in emerging economies 24
3.2.3 OPPORTUNITIES 25
3.2.3.1 Growing adoption of precision farming 25
3.2.3.2 Increasing R&D and adoption of electric tractors 25
3.2.4 CHALLENGES 26
3.2.4.1 Rapidly changing emission norms and mandates 26
3.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 27
3.4 MARKET ECOSYSTEM 28
3.5 PATENT ANALYSIS 29
3.5.1 INTRODUCTION 29
3.6 SUPPLY CHAIN ANALYSIS 34
3.7 FARM EQUIPMENT MARKET ECOSYSTEM 36
3.8 TECHNOLOGY ANALYSIS 37
3.8.1 KEY TECHNOLOGIES 37
3.8.1.1 Farm equipment automation 37
3.8.1.2 Agriculture 5.0 38
3.8.1.3 Electrification of tractors 39
3.8.2 COMPLEMENTARY TECHNOLOGIES 40
3.8.2.1 Future of battery technologies 40
3.8.2.2 Trends in rental industry 41
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3.8.3 CNG TRACTORS 41
3.8.4 ADJACENT TECHNOLOGIES 42
3.8.4.1 Precision farming 42
3.9 KEY CONFERENCES AND EVENTS, 2025-2026 43
3.9.1 FARM EQUIPMENT MARKET: KEY CONFERENCES AND EVENTS, 2025-2026 43
4 COMPETITIVE LANDSCAPE 45
4.1 OVERVIEW 45
4.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 45
4.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN FARM EQUIPMENT MARKET 45
4.3 REVENUE ANALYSIS 48
4.4 MARKET SHARE ANALYSIS, 2023 49
4.5 FARM EQUIPMENT MARKET OUTLOOK, BY COUNTRY 51
4.5.1 INDIA 51
4.5.1.1 Indian tractor OEM share analysis 52
4.5.2 US 52
4.5.2.1 US tractor OEM share analysis 53
4.6 COMPANY VALUATION 54
4.7 FINANCIAL METRICS, 2024 54
4.8 BRAND/PRODUCT COMPARISON 55
4.9 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 56
4.9.1 INTRODUCTION 56
4.9.2 STARS 56
4.9.3 EMERGING LEADERS 56
4.9.4 PERVASIVE PLAYERS 56
4.9.5 PARTICIPANTS 56
4.9.6 COMPANY FOOTPRINT: KEY PLAYERS, 2024 58
4.9.6.1 Company footprint 58
4.9.6.2 Region footprint 59
4.9.6.3 Propulsion footprint 59
4.9.6.4 Drive type footprint 60
4.9.6.5 Equipment type footprint 61
4.10 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 62
4.10.1 INTRODUCTION 62
4.10.2 PROGRESSIVE COMPANIES 62
4.10.3 RESPONSIVE COMPANIES 62
4.10.4 DYNAMIC COMPANIES 62
4.10.5 STARTING BLOCKS 62
4.10.6 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2024 64
4.10.6.1 Detailed list of key startups/SMEs 64
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4.11 COMPETITIVE SCENARIO 65
4.11.1 PRODUCT LAUNCHES 65
4.11.2 DEALS 75
4.11.3 EXPANSIONS 83
4.11.4 OTHER DEVELOPMENTS 86
5 COMPANY PROFILES 88
5.1 KEY PLAYERS 88
5.1.1 DEERE & COMPANY 88
5.1.1.1 Business overview 88
5.1.1.2 Products/Solutions/Services offered 90
5.1.1.3 Recent developments 91
5.1.1.3.1 Product launches 91
5.1.1.3.2 Deals 95
5.1.1.3.3 Expansions 98
5.1.1.3.4 Other developments 98
5.1.1.4 MnM view 99
5.1.1.4.1 Right to win 99
5.1.1.4.2 Strategic choices 99
5.1.1.4.3 Weaknesses and competitive threats 99
5.1.2 CNH INDUSTRIAL N.V. 100
5.1.2.1 Business overview 100
5.1.2.2 Products/Solutions/Services offered 101
5.1.2.3 Recent developments 104
5.1.2.3.1 Product launches 104
5.1.2.3.2 Deals 106
5.1.2.3.3 Expansions 108
5.1.2.4 MnM view 108
5.1.2.4.1 Right to win 108
5.1.2.4.2 Strategic choices 109
5.1.2.4.3 Weaknesses and competitive threats 109
5.1.3 MAHINDRA&MAHINDRA LTD. 110
5.1.3.1 Business overview 110
5.1.3.2 Products/Solutions/Services offered 111
5.1.3.3 Recent developments 112
5.1.3.3.1 Product launches 112
5.1.3.3.2 Deals 114
5.1.3.3.3 Expansions 115
5.1.3.3.4 Other developments 116
5.1.3.4 MnM view 116
5.1.3.4.1 Key strengths 116
5.1.3.4.2 Strategic choices 116
5.1.3.4.3 Weaknesses and competitive threats 116
5.1.4 AGCO CORPORATION 117
5.1.4.1 Business overview 117
5.1.4.2 Products/Solutions/Services offered 118
5.1.4.3 Recent developments 121
5.1.4.3.1 Product launches 121
5.1.4.3.2 Deals 123
5.1.4.3.3 Expansions 124
5.1.4.3.4 Other developments 125
5.1.4.4 MnM view 126
5.1.4.4.1 Right to win 126
5.1.4.4.2 Strategic choices 126
5.1.4.4.3 Weaknesses and competitive threats 126
5.1.5 KUBOTA CORPORATION 127
5.1.5.1 Business overview 127
5.1.5.2 Products/Solutions/Services offered 128
5.1.5.3 Recent developments 129
5.1.5.3.1 Product launches 129
5.1.5.3.2 Deals 130
5.1.5.3.3 Expansions 130
5.1.5.3.4 Other developments 132
5.1.5.4 MnM view 133
5.1.5.4.1 Right to win 133
5.1.5.4.2 Strategic choices 133
5.1.5.4.3 Weaknesses and competitive threats 133
5.1.6 CLAAS KGAA MBH 134
5.1.6.1 Business overview 134
5.1.6.2 Products/Solutions/Services offered 135
5.1.6.3 Recent developments 135
5.1.6.3.1 Product launches 135
5.1.6.3.2 Deals 138
5.1.6.3.3 Expansions 140
5.1.6.3.4 Other developments 140
5.1.6.4 MnM view 141
5.1.6.4.1 Right to win 141
5.1.6.4.2 Strategic choices 141
5.1.6.4.3 Weaknesses and competitive threats 141
5.1.7 ISEKI & CO., LTD. 142
5.1.7.1 Business overview 142
5.1.7.2 Products/Solutions/Services offered 143
5.1.7.3 Recent developments 144
5.1.7.3.1 Product launches 144
5.1.7.3.2 Deals 144
5.1.7.3.3 Expansions 145
5.1.8 ESCORTS KUBOTA LIMITED 146
5.1.8.1 Business overview 146
5.1.8.2 Products/Solutions/Services offered 147
5.1.8.3 Recent developments 148
5.1.8.3.1 Product launches 148
5.1.8.3.2 Deals 148
5.1.8.3.3 Expansions 149
5.1.9 SDF GROUP 150
5.1.9.1 Business overview 150
5.1.9.2 Products/Solutions/Services offered 151
5.1.9.3 Recent developments 152
5.1.9.3.1 Product launches 152
5.1.9.3.2 Deals 153
5.1.9.3.3 Expansions 153
5.1.9.3.4 Other developments 154
5.1.10 YANMAR HOLDINGS CO., LTD. 155
5.1.10.1 Business overview 155
5.1.10.2 Products/Solutions/Services offered 156
5.1.10.3 Recent developments 157
5.1.10.3.1 Product launches 157
5.1.10.3.2 Deals 158
5.1.10.3.3 Expansions 158
5.1.10.3.4 Other developments 158
5.2 OTHER PLAYERS 159
5.2.1 JCB (JOSEPH CYRIL BAMFORD EXCAVATORS LTD.) 159
5.2.2 TRACTORS AND FARM EQUIPMENT LIMITED 160
5.2.3 SONALIKA 161
5.2.4 TYM CORPORATION 162
5.2.5 DAEDONG CORPORATION 163
5.2.6 EXEL INDUSTRIES LTD. 164
5.2.7 BUCHER INDUSTRIES AG 165
5.2.8 ZETOR TRACTORS A.S. 166
5.2.9 ARGO TRACTORS S.P.A. 167
5.2.10 CONCERN TRACTOR PLANTS 168
5.2.11 AMAZONEN-WERKE H. DREYER SE & CO. KG 169
5.2.12 ALAMO GROUP INC. 170
5.2.13 BUHLER INDUSTRIES INC. 171
5.2.14 AUTONOMOUS TRACTOR CORPORATION 173
5.2.15 CHANGZHOU DONGFENG AGRICULTURAL MACHINERY GROUP CO., LTD. 174
5.2.16 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (SINOMACH) 176
5.2.17 WEICHAI LOVOL INTELLIGENT AGRICULTURAL TECHNOLOGY CO., LTD. 177
5.2.18 BERNARD KRONE HOLDING SE & CO. KG 178
5.2.19 VERMEER CORPORATION 179
5.2.20 POTTINGER LANDTECHNIK GMBH 180
5.2.21 MINSK TRACTOR WORKS 181
5.2.22 HENAN QIANLI MACHINERY CO., LTD. 182
5.2.23 MASCHIO GASPARDO S.P.A. 183
5.3 OTHER PLAYERS FROM FOREST EQUIPMENT MACHINES 184
5.3.1 KOMATSU LTD. 184
5.3.2 CATERPILLAR 185
5.3.3 PONSSE OYJ 186
5.3.4 TIGERCAT INTERNATIONAL 187
6 APPENDIX 188
6.1 RESEARCH METHODOLOGY 188
6.1.1 RESEARCH DATA 188
6.1.1.1 Secondary data 189
6.1.1.2 Primary data 189
6.1.2 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT 190
6.1.3 RESEARCH LIMITATIONS 191
6.2 COMPANY EVALUATION MATRIX: METHODOLOGY 192
6.3 AUTHOR DETAILS 195
TABLE 1 INCLUSIONS AND EXCLUSIONS FOR FARM EQUIPMENT MARKET 13
TABLE 2 CHARACTERISTICS OF TRANSACTIONAL AND CONTRACT FARMING 21
TABLE 3 SUPPORT FROM REGIONAL GOVERNMENTS 23
TABLE 4 HARVESTER AND TRACTOR RENTAL RATES IN US, 2024 (USD) 24
TABLE 5 PATENT REGISTRATIONS RELATED TO FARM EQUIPMENT MARKET, 2022-2025 30
TABLE 6 ROLE OF COMPANIES IN FARM EQUIPMENT MARKET ECOSYSTEM 36
TABLE 7 PRODUCTS LAUNCHED BY CRITICAL PLAYERS FOR AUTONOMOUS AND
SEMI-AUTONOMOUS ELECTRIC TRACTORS 37
TABLE 8 CROP DATA MANAGEMENT SOFTWARE APPLICATIONS 38
TABLE 9 FUNDING PROVIDED BY USDA AND NSF FOR PRECISION AGRICULTURE RESEARCH AND DEVELOPMENT, 2022 TO 2025 42
TABLE 10 OVERVIEW OF STRATEGIES DEPLOYED BY KEY COMPANIES 45
TABLE 11 MARKET SHARE ANALYSIS, 2024 49
TABLE 12 FARM EQUIPMENT MARKET: REGION FOOTPRINT, 2024 59
TABLE 13 FARM EQUIPMENT MARKET: PROPULSION FOOTPRINT, 2024 59
TABLE 14 FARM EQUIPMENT MARKET: DRIVE TYPE FOOTPRINT, 2024 60
TABLE 15 FARM EQUIPMENT MARKET: EQUIPMENT TYPE FOOTPRINT, 2024 61
TABLE 16 FARM EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES 64
TABLE 17 FARM EQUIPMENT MARKET: PRODUCT LAUNCHES,
JANUARY 2021-FEBRUARY 2025 65
TABLE 18 FARM EQUIPMENT MARKET: DEALS, JANUARY 2021-FEBRUARY 2025 75
TABLE 19 FARM EQUIPMENT MARKET: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 83
TABLE 20 FARM EQUIPMENT MARKET: OTHER DEVELOPMENTS,
JANUARY 2021-FEBRUARY 2025 86
TABLE 21 DEERE & COMPANY: COMPANY OVERVIEW 89
TABLE 22 DEERE & COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 90
TABLE 23 DEERE & COMPANY: PRODUCT LAUNCHES, JANUARY 2021 - FEBRUARY 2025 91
TABLE 24 DEERE & COMPANY: DEALS, JANUARY 2021-FEBRUARY 2025 95
TABLE 25 DEERE & COMPANY: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 98
TABLE 26 DEERE & COMPANY: OTHER DEVELOPMENTS, JANUARY 2021-FEBRUARY 2025 98
TABLE 27 CNH INDUSTRIAL N.V.: COMPANY OVERVIEW 100
TABLE 28 CNH INDUSTRIAL N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 101
TABLE 29 CNH INDUSTRIAL N.V.: PRODUCT LAUNCHES, JANUARY 2021-FEBRUARY 2025 104
TABLE 30 CNH INDUSTRIAL N.V.: DEALS, JANUARY 2021-FEBRUARY 2025 106
TABLE 31 CNH INDUSTRIES N.V.: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 108
TABLE 32 MAHINDRA&MAHINDRA LTD.: COMPANY OVERVIEW 110
TABLE 33 MAHINDRA&MAHINDRA LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 111
TABLE 34 MAHINDRA&MAHINDRA LTD.: PRODUCT LAUNCHES,
JANUARY 2021-FEBRUARY 2025 112
TABLE 35 MAHINDRA&MAHINDRA LTD.: DEALS, JANUARY 2021-FEBRUARY 2025 114
TABLE 36 MAHINDRA&MAHINDRA LTD.: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 115
TABLE 37 MAHINDRA&MAHINDRA LTD.: OTHER DEVELOPMENTS,
JANUARY 2021-FEBRUARY 2025 116
TABLE 38 AGCO CORPORATION: COMPANY OVERVIEW 117
TABLE 39 AGCO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 118
TABLE 40 AGCO CORPORATION: PRODUCT LAUNCHES, JANUARY 2021-FEBRUARY 2025 121
TABLE 41 AGCO CORPORATION: DEALS, JANUARY 2021-FEBRUARY 2025 123
TABLE 42 AGCO CORPORATION: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 124
TABLE 43 AGCO CORPORATION: OTHER DEVELOPMENTS, JANUARY 2021-FEBRUARY 2025 125
TABLE 44 KUBOTA CORPORATION: COMPANY OVERVIEW 127
TABLE 45 KUBOTA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 128
TABLE 46 KUBOTA CORPORATION: PRODUCT LAUNCHES, JANUARY 2021-FEBRUARY 2025 129
TABLE 47 KUBOTA CORPORATION: DEALS, JANUARY 2021-FEBRUARY 2025 130
TABLE 48 KUBOTA CORPORATION: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 130
TABLE 49 KUBOTA CORPORATION: OTHER DEVELOPMENTS,
JANUARY 2021-FEBRUARY 2025 132
TABLE 50 CLAAS KGAA MBH: COMPANY OVERVIEW 134
TABLE 51 CLAAS KGAA MBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 135
TABLE 52 CLAAS KGAA MBH: PRODUCT LAUNCHES, JANUARY 2021-FEBRUARY 2025 135
TABLE 53 CLAAS KGAA MBH: DEALS, JANUARY 2021-FEBRUARY 2025 138
TABLE 54 CLAAS KGAA MBH: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 140
TABLE 55 CLAAS KGAA MBH: OTHER DEVELOPMENTS, JANUARY 2021-FEBRUARY 2025 140
TABLE 56 ISEKI & CO., LTD.: COMPANY OVERVIEW 142
TABLE 57 ISEKI & CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 143
TABLE 58 ISEKI & CO., LTD.: PRODUCT LAUNCHES, JANUARY 2021-FEBRUARY 2025 144
TABLE 59 ISEKI & CO., LTD.: DEALS, JANUARY 2021-FEBRUARY 2025 144
TABLE 60 ISEKI & CO., LTD.: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 145
TABLE 61 ESCORTS KUBOTA LIMITED: COMPANY OVERVIEW 146
TABLE 62 ESCORTS KUBOTA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 147
TABLE 63 ESCORTS KUBOTA LIMITED: PRODUCT LAUNCHES,
JANUARY 2021-FEBRUARY 2025 148
TABLE 64 ESCORTS KUBOTA LIMITED: DEALS, JANUARY 2021-FEBRUARY 2025 148
TABLE 65 ESCORTS KUBOTA LIMITED: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 149
TABLE 66 SDF GROUP: COMPANY OVERVIEW 150
TABLE 67 SDF GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 151
TABLE 68 SDF GROUP: PRODUCT LAUNCHES, JANUARY 2021-FEBRUARY 2025 152
TABLE 69 SDF GROUP: DEALS, JANUARY 2021-FEBRUARY 2025 153
TABLE 70 SDF GROUP: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 153
TABLE 71 SDF GROUP: OTHER DEVELOPMENTS, JANUARY 2021-FEBRUARY 2025 154
TABLE 72 YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW 155
TABLE 73 YANMAR HOLDINGS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 156
TABLE 74 YANMAR HOLDINGS CO., LTD.: PRODUCT LAUNCHES,
JANUARY 2021-FEBRUARY 2025 157
TABLE 75 YANMAR HOLDINGS CO., LTD.: DEALS, JANUARY 2021-FEBRUARY 2025 158
TABLE 76 YANMAR HOLDINGS CO., LTD.: EXPANSIONS, JANUARY 2021-FEBRUARY 2025 158
TABLE 77 YANMAR HOLDINGS CO., LTD.: OTHER DEVELOPMENTS,
JANUARY 2021-FEBRUARY 2025 158
TABLE 78 JCB: COMPANY OVERVIEW 159
TABLE 79 TRACTORS AND FARM EQUIPMENT LIMITED: COMPANY OVERVIEW 160
TABLE 80 SONALIKA: COMPANY OVERVIEW 161
TABLE 81 TYM CORPORATION: COMPANY OVERVIEW 162
TABLE 82 DAEDONG CORPORATION: COMPANY OVERVIEW 163
TABLE 83 EXEL INDUSTRIES LTD.: COMPANY OVERVIEW 164
TABLE 84 BUCHER INDUSTRIES AG: COMPANY OVERVIEW 165
TABLE 85 ZETOR TRACTORS A.S.: COMPANY OVERVIEW 166
TABLE 86 ARGO TRACTORS S.P.A.: COMPANY OVERVIEW 167
TABLE 87 CONCERN TRACTOR PLANTS: COMPANY OVERVIEW 168
TABLE 88 AMAZONEN-WERKE H. DREYER SE & CO. KG: COMPANY OVERVIEW 169
TABLE 89 ALAMO GROUP INC.: COMPANY OVERVIEW 170
TABLE 90 BUHLER INDUSTRIES INC.: COMPANY OVERVIEW 171
TABLE 91 AUTONOMOUS TRACTOR CORPORATION: COMPANY OVERVIEW 173
TABLE 92 CHANGZHOU DONGFENG AGRICULTURAL MACHINERY GROUP CO., LTD.:
COMPANY OVERVIEW 174
TABLE 93 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (SINOMACH):
COMPANY OVERVIEW 176
TABLE 94 WEICHAI LOVOL INTELLIGENT AGRICULTURAL TECHNOLOGY CO., LTD.:
COMPANY OVERVIEW 177
TABLE 95 BERNARD KRONE HOLDING SE & CO. KG: COMPANY OVERVIEW 178
TABLE 96 VERMEER CORPORATION: COMPANY OVERVIEW 179
TABLE 97 POTTINGER LANDTECHNIK GMBH: COMPANY OVERVIEW 180
TABLE 98 MINSK TRACTOR WORKS: COMPANY OVERVIEW 181
TABLE 99 HENAN QIANLI MACHINERY CO., LTD.: COMPANY OVERVIEW 182
TABLE 100 MASCHIO GASPARDO S.P.A.: COMPANY OVERVIEW 183
TABLE 101 KOMATSU LTD.: COMPANY OVERVIEW 184
TABLE 102 CATERPILLAR: COMPANY OVERVIEW 185
TABLE 103 PONSSE OYJ: COMPANY OVERVIEW 186
TABLE 104 TIGERCAT INTERNATIONAL: COMPANY OVERVIEW 187
TABLE 105 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT 190
FIGURE 1 TRACTOR SALES, BY KEY COUNTRY, 2021-2024 15
FIGURE 2 TRACTORS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 15
FIGURE 3 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN
FARM EQUIPMENT MARKET 19
FIGURE 4 US FARMS INVOLVED IN CONTRACTS, 2024 21
FIGURE 5 MECHANIZATION RATE AND POPULATION ENGAGED IN AGRICULTURE IN SIGNIFICANT GEOGRAPHIES, 2023 22
FIGURE 6 REVENUE SHIFT FOR FARM EQUIPMENT MARKET 27
FIGURE 7 FARM EQUIPMENT MARKET: ECOSYSTEM ANALYSIS 28
FIGURE 8 FARM EQUIPMENT MARKET: ECOSYSTEM MAPPING 29
FIGURE 9 PATENT ANALYSIS, 2016-2025 30
FIGURE 10 SUPPLY CHAIN ANALYSIS: FARM EQUIPMENT MARKET 34
FIGURE 11 COMPARISON OF SOLID-STATE VS. LITHIUM-ION BATTERIES 40
FIGURE 12 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2019-2023 48
FIGURE 13 FARM EQUIPMENT MARKET SHARE ANALYSIS, 2023 50
FIGURE 14 INDIAN AGRICULTURE EQUIPMENT MARKET, ('000 UNITS) 51
FIGURE 15 INDIAN TRACTOR OEM SHARE ANALYSIS, 2024 52
FIGURE 16 US AGRICULTURE EQUIPMENT MARKET, ('000 UNITS) 53
FIGURE 17 US TRACTOR OEM SHARE ANALYSIS, 2024 53
FIGURE 18 COMPANY VALUATION, 2024 (USD BILLION) 54
FIGURE 19 COMPANY FINANCIAL METRICS, 2024 (USD BILLION) 54
FIGURE 20 BRAND COMPARISON 55
FIGURE 21 FARM EQUIPMENT MARKET: KEY PLAYERS, 2024 57
FIGURE 22 FARM EQUIPMENT MARKET: COMPANY FOOTPRINT, 2024 58
FIGURE 23 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 63
FIGURE 24 DEERE & COMPANY: COMPANY SNAPSHOT, 2024 89
FIGURE 25 CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT, 2023 101
FIGURE 26 MAHINDRA&MAHINDRA LTD: COMPANY SNAPSHOT 111
FIGURE 27 AGCO CORPORATION: COMPANY SNAPSHOT, 2023 118
FIGURE 28 KUBOTA CORPORATION: COMPANY SNAPSHOT, 2023 128
FIGURE 29 CLAAS KGAA MBH: COMPANY SNAPSHOT, 2024 134
FIGURE 30 ISEKI & CO., LTD.: COMPANY SNAPSHOT, 2023 143
FIGURE 31 ESCORTS KUBOTA LIMITED: COMPANY SNAPSHOT, 2024 147
FIGURE 32 SDF GROUP: COMPANY SNAPSHOT 151
FIGURE 33 YANMAR HOLDINGS CO., LTD.: COMPANY SNAPSHOT, 2024 155
FIGURE 34 RESEARCH DESIGN 188
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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.