South Africa Agricultural Machinery Market, By Type (Tractors, Harvesters, Soil Preparation & Cultivation, Irrigation & Crop Processing, Agriculture Spraying Equipment, Hay & Forge Machines, Others); By Automation (Automatic, Semi-automatic, Manual); By E

South Africa Agricultural Machinery Market Size Expands at CAGR of 7.64% to Touch USD 1.26 Billion by 2030

South Africa Agricultural Machinery Market is gaining traction because of the increase in agriculture activities and development, production, and adoption of innovative technologies.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the South Africa Agricultural Machinery Market size at USD 0.81 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the South Africa Agricultural Machinery Market size to grow at a CAGR of 7.64% reaching a value of USD 1.26 billion by 2030. Growing agro-industrial and agricultural sectors, as well as an increase in the use of cutting-edge technology and equipment to boost productivity, are key drivers of the South Africa agricultural machinery market. Furthermore, the government's financial assistance and subsidies for farm mechanization are also expected to offer lucrative growth opportunities for the Agricultural Machinery Market in South Africa.

Opportunity: Launch of new agricultural equipment and machinery

South Africa is emerging as a lucrative market for agricultural equipment and machinery companies. As a result, the market players are launching their products to tap into the growing market opportunities. For instance, Kubota, a multinational agricultural machinery company based in Japan, announced its plans to enter the African market with India-produced low cost tractors for small scale farms. Companies also engage in funding agricultural machinery and equipment for farmers to boost their market share. Farmsol Holdings, for instance, donated brand new tractors and farming equipment to 32 farms in Taung, North West, in collaboration with South African Breweries (SAB).

South Africa Agricultural Machinery Market – By Automation

Based on automation, the South Africa Agricultural Machinery Market is segmented into automatic, semi-automatic, and manual. The manual segment accounted for the highest market share as it proved economical for the farmers. However, the automatic segment is projected to register the highest CAGR during the forecast period. The rise in precision farming techniques, such as the use of remote sensing, data analytics, and GPS-guided systems, is prompting South African farmers to adopt these technologies to boost their crop yield and make data-driven decisions for their agriculture practices.

Impact of Escalating Geopolitical Tensions on the South Africa Agricultural Machinery Market

The escalating geopolitical tensions are negatively impacting the growth of the South Africa Agricultural Machinery Market. For instance, Israel is a leading provider of agricultural innovation and precision technology. However, the outbreak of the military and political conflict between Israel and Hamas triggered by Hamas's attack on the Gaza envelope of Israeli territory on October 07, 2023, disrupted Israel's technology sector. South Africa is a major importer of agricultural products from Israel, mainly farming and irrigation machinery. Due to the ongoing conflict, the production and supply chain of agricultural technologies, such as drip irrigation, hydroponics, and precision farming, from Israel were disrupted, which limited the growth of the South Africa Agricultural Machinery Market.

Competitive Landscape

Major players operating in the South Africa Agricultural Machinery Market include Deere and Company, AGCO Corporation, CNH Industrial NV, Mahindra & Mahindra South Africa Pty Ltd, and Kubota Corporation. 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 the South Africa Agricultural Machinery Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the South Africa 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. South Africa Agricultural Machinery Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Increasing Agriculture Activities and Production
3.2.1.2. Development of new technologies
3.2.2. Restraints
3.2.2.1. Growing rental market
3.2.3. Opportunities
3.2.3.1. Government support for agricultural mechanization
3.2.4. Challenges
3.2.4.1. Stringent emission regulations
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. South Africa Agricultural Machinery Market Overview
4.1. Market Size & Forecast, 2019–2030
4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
4.2.1. By Type
4.2.1.1. Tractors
4.2.1.2. Harvesters
4.2.1.3. Soil Preparation & Cultivation
4.2.1.4. Irrigation & Crop Processing
4.2.1.5. Agriculture Spraying Equipment
4.2.1.6. Hay & Forge Machines
4.2.1.7. Others
4.2.2. By Automation
4.2.2.1. Automatic
4.2.2.2. Semi-automatic
4.2.2.3. Manual
4.2.3. By End User
4.2.3.1. Original Equipment Manufacturers (OEMs)
4.2.3.2. Aftersales
5. Competitive Landscape
5.1. List of Key Players and Their Offerings
5.2. South Africa Agricultural Machinery Company Market Share Analysis, 2023
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Escalating Geopolitical Tensions on South Africa Agricultural Machinery Market
7. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
7.1. Deere and Company
7.2. AGCO Corporation
7.3. CNH Industrial NV
7.4. Mahindra & Mahindra South Africa Pty Ltd
7.5. Kubota Corporation
7.6. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
9.1. Qualitative Research
9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
9.3.1. Secondary Research
9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents, By Region
9.5. 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 South Africa Agricultural Machinery Segmentation
Figure 2 South Africa Agricultural Machinery Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 South Africa Agricultural Machinery Market Size, By Value (USD Billion), 2019–2030
Figure 5 South Africa Agricultural Machinery Market Share, By Type, By Value, 2019–2030
Figure 6 South Africa Agricultural Machinery Market Share, By Automation, By Value, 2019–2030
Figure 7 South Africa Agricultural Machinery Market Share, By End User, By Value, 2019–2030
List of Tables
Table 1 South Africa Agricultural Machinery Market Size, By Value (USD Billion), 2019–2030
Table 2 South Africa Agricultural Machinery Market Size, By Type, By Value, 2019–2030
Table 3 South Africa Agricultural Machinery Market Size, By Automation, By Value, 2019–2030
Table 4 South Africa Agricultural Machinery Market Size, By End User, By Value, 2019–2030
Table 5 Deere and Company: Company Overview
Table 6 Deere and Company Financial Overview
Table 7 AGCO Corporation Company Overview
Table 8 AGCO Corporation Financial Overview
Table 9 CNH Industrial NV Company Overview
Table 10 CNH Industrial NV Financial Overview
Table 11 Mahindra & Mahindra South Africa Pty Ltd Company Overview
Table 12 Mahindra & Mahindra South Africa Pty Ltd Financial Overview
Table 13 Kubota Corporation Company Overview
Table 14 Kubota Corporation Financial Overview

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