The global farm equipment rental market, valued at $46.5 billion in 2020, is projected to reach $84.0 billion by 2028, growing at a CAGR of 7.56% from 2021 to 2028. This growth is driven by a range of macro and microeconomic factors, including the increasing number of startups offering farm equipment rental services.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Equipment Type (Tractors, Harvesters, Balers, Sprayers, Others)
By Drive (Two-wheel drive, Four-wheel drive)
Key players
Deere & Company
KUBOTA Corporation
AGCO Corporation
Trringo
The Papé Group
Tractors and Farm Equipment Limited
Pacific Tractor & Implement
Princeville
Cedar Street
JCB
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