Mexico Agricultural Machinery Market, By Type (Tractors, Harvesters, Soil Preparation & Cultivation, Irrigation & Crop Processing, Agriculture Spraying Equipment, Hay & Forage Machines); By Automation (Automatic, Semi-automatic, Manual); By End User (Orig

Mexico Agricultural Machinery Market, By Type (Tractors, Harvesters, Soil Preparation & Cultivation, Irrigation & Crop Processing, Agriculture Spraying Equipment, Hay & Forage Machines); By Automation (Automatic, Semi-automatic, Manual); By End User (Original Equipment Manufacturers (OEMs), Aftersales), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


Mexico Agricultural Machinery Market Size Booming at Robust CAGR of 12.11% to Touch USD 5.13 Billion & 729,100 Units by 2030

Mexico Agricultural Machinery Market is flourishing because of the growing demand for agricultural produces, the government’s support for farm mechanization, and expansion of protected agriculture.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Mexico Agricultural Machinery Market size at USD 3.3 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Mexico Agricultural Machinery Market size to expand at a CAGR of 12.11% reaching a value of USD 5.13 billion by 2030. The Agricultural Machinery Market in Mexico is propelled by the increasing adoption of farm mechanization. Mexican government's push for farm mechanization, which has spurred the use of agricultural machinery across the country. The initiative has strengthened Mexico's relationship with the United States, leading to a lucrative exchange of agricultural machinery and equipment between the two nations. Despite Mexico's efforts to develop its own agricultural machinery industry, production has primarily been limited to basic, low-end items. Consequently, the country relies on foreign suppliers to meet its machinery needs. Also, government programs supporting agricultural mechanization, offering financing for equipment purchases, and providing training for operators, have propelled the tractor market in Mexico. Policies promoting agricultural exports further support this trend, with tractors serving as a gateway to mechanization. Currently, about 40% of Mexico's agricultural land is mechanized, with protected agriculture expanding rapidly, presenting significant growth opportunities for the tractor industry.

Impact of Escalating Geopolitical Tensions on Mexico Agricultural Machinery Market

Geopolitical tensions can have a multifaceted impact on the Mexico Agricultural Machinery Market. The agricultural sector has experienced direct disruptions due to geopolitical events, with conflicts damaging arable land, machinery, and labor forces, thereby reducing productivity, output, and exports. Sanctions and countersanctions have diminished global fertilizer and energy supplies, driving up production costs for agricultural products. Additionally, transportation disruptions and border blockades have hampered the cross-regional flow of food, disrupting the food supply chain. These geopolitical tensions also contribute to rising food prices, prompting countries to impose export restrictions to combat domestic inflation, which, in turn, fuels trade protectionism. This growing trend of food trade restrictions increases the risk of global food insecurity and further complicates the Mexico Agricultural Machinery Market, as investors face escalating uncertainty and market volatility. Understanding these dynamics is crucial for managing risks and ensuring the stability of the agricultural machinery market in Mexico.

Mexico Agricultural Machinery Market

Segmental Information

Mexico Agricultural Machinery Market – By Automation

Based on automation, the Mexico Agricultural Machinery Market is divided into Automatic, Semi-automatic, and Manual segments. The manual segment holds the highest share in the Mexico Agricultural Machinery Market. It is primarily due to its cost-effectiveness and appeals to small-scale farmers with limited budgets. In rural areas, manual machinery is often more accessible than automated alternatives. The prevalence of a robust agricultural labor force in Mexico supports manual operations, allowing many farms to rely on traditional labor-intensive methods. Additionally, cultural preferences for conventional farming practices contribute to this trend, with many farmers choosing manual techniques over automation. Government programs aimed at supporting small-scale farmers further reinforce the use of manual tools, contributing to the manual segment's substantial share in the market.

Competitive Landscape

Major players operating in the Mexico Agricultural Machinery Market include John Deere, CNH Industrial, AGCO Corporation, Kubota Corporation, Mahindra & Mahindra, CLAAS, AGROASEMEX, Grupo Gonher, Trupper, and Metalúrgica Roset. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Mexico Agricultural Machinery Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Mexico Agricultural Machinery Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Mexico Agricultural Machinery Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Growing demand for agricultural products
3.2.1.2. Government support for farm mechanization
3.2.1.3. Expansion of protected agriculture
3.2.2. Restraints
3.2.2.1. Slow adoption by small farmers
3.2.2.2. Limited access to financing
3.2.2.3. Skilled labor shortage
3.2.3. Opportunities
3.2.3.1. Technological advancements
3.2.3.2. Focus on rental models
3.2.3.3. Increased focus on used machinery
3.2.4. Challenges
3.2.4.1. Import dependence
3.2.4.2. After-sales service limitations
3.2.4.3. Infrastructure limitations
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Mexico Agricultural Machinery Market: Marketing Strategies
5. Mexico Agricultural Machinery Market Overview
5.1. Market Size & Forecast, 2019–2030
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Type
5.2.1.1. Tractors
5.2.1.2. Harvesters
5.2.1.3. Soil Preparation and Cultivation
5.2.1.4. Irrigation and crop processing
5.2.1.5. Agriculture spraying equipment
5.2.1.6. Hay and forage machines
5.2.1.7. Others
5.2.2. By Automation
5.2.2.1. Automatic
5.2.2.2. Semi-automatic
5.2.2.3. Manual
5.2.3. By End Users
5.2.3.1. Original Equipment Manufacturers (OEMs)
5.2.3.2. Aftersales
6. Competitive Landscape
6.1. List of Key Players and Their Offerings
6.2. Mexico Agricultural Machinery Company Market Share Analysis, 2023
6.3. Competitive Benchmarking, By Operating Parameters
6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
7. Impact of Escalating Geopolitical Tensions on Mexico Agricultural Machinery Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
8.1. John Deere
8.2. CNH Industrial
8.3. AGCO Corporation
8.4. Kubota Corporation
8.5. Mahindra & Mahindra
8.6. CLAAS
8.7. AGROASEMEX
8.8. Grupo Gonher
8.9. Trupper
8.10. Metalúrgica Roset
8.11. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
10.1. Qualitative Research
10.1.1. Primary & Secondary Research
10.2. Quantitative Research
10.3. Market Breakdown & Data Triangulation
10.3.1. Secondary Research
10.3.2. Primary Research
10.4. Breakdown of Primary Research Respondents, By Region
10.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 Mexico Agricultural Machinery Segmentation
Figure 2 Mexico Agricultural Machinery Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Mexico Agricultural Machinery Market Size, By Value (USD Million), 2019–2030
Figure 5 Mexico Agricultural Machinery Market Share, By Type, By Value, 2019–2030
Figure 6 Mexico Agricultural Machinery Market Share, By Automation, By Value, 2019–2030
Figure 7 Mexico Agricultural Machinery Market Share, By End Users, By Value, 2019–2030
List of Tables
Table 1 Mexico Agricultural Machinery Market Size, By Value (USD Million), 2019–2030
Table 2 Mexico Agricultural Machinery Market Size, By Type, By Value, 2019–2030
Table 3 Mexico Agricultural Machinery Market Size, By Automation, By Value, 2019–2030
Table 4 Mexico Agricultural Machinery Market Size, By End Users, By Value, 2019–2030
Table 5 John Deere Company Overview
Table 6 John Deere Financial Overview
Table 7 CNH Industrial Company Overview
Table 8 CNH Industrial Financial Overview
Table 9 AGCO Corporation Company Overview
Table 10 AGCO Corporation Financial Overview
Table 11 Kubota Corporation Company Overview
Table 12 Kubota Corporation Financial Overview
Table 13 Mahindra & Mahindra Company Overview
Table 14 Mahindra & Mahindra Financial Overview
Table 15 CLAAS Company Overview
Table 16 CLAAS Financial Overview
Table 17 AGROASEMEX Company Overview
Table 18 AGROASEMEX Financial Overview
Table 19 Grupo Gonher Company Overview
Table 20 Grupo Gonher Financial Overview
Table 21 Trupper Company Overview
Table 22 Trupper Financial Overview
Table 23 Metalúrgica Roset Company Overview
Table 24 Metalúrgica Roset Financial Overview
Table 25 Other Prominent Players Company Overview
Table 26 Other Prominent Players Financial Overview

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings