Argentina Agricultural Machinery Market Report and Forecast 2025-2034

Argentina Agricultural Machinery Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Argentina agricultural machinery market size is projected to grow at a CAGR of 3.7% between 2025 and 2034. Aided by rapid technological advancements and the increasing need to enhance agricultural productivity, the market is expected to grow significantly by 2034.

As a major agricultural hub in South America, Argentina plays a pivotal role in the global food supply chain, producing crops such as soybeans, corn, and wheat. With the growing demand for sustainable and productive farming solutions, the Argentina agricultural machinery market is flourishing.

The market is buoyed by Argentina's efforts to modernise its agricultural practices in response to challenges such as labour shortages, climate variability, and global competition. Farmers are increasingly recognising the importance of mechanisation in achieving higher yields, reducing production costs, and enhancing overall operational efficiency.

Agriculture is a cornerstone of Argentina’s economy, accounting for a substantial portion of exports. As global demand for food continues to rise, the pressure to maximise agricultural output has intensified. The adoption of machinery such as high-performance tractors, combine harvesters, and planters is enabling farmers to meet both domestic consumption and international export demands effectively. This is accelerating the Argentina agricultural machinery market development.

The Argentine government has introduced various policies and programmes to encourage the mechanisation of agriculture. Subsidies, tax benefits, and low-interest financing schemes are making modern machinery more accessible, particularly for small and medium-scale farmers. These initiatives aim to enhance productivity, ensure food security, and support the agricultural sector's economic growth, thereby driving the Argentina agricultural machinery market growth.

Innovations in agricultural technology, such as GPS-enabled tractors, autonomous machinery, and drones, are revolutionising farming in Argentina. Precision farming techniques are becoming more prevalent, allowing farmers to monitor soil health, optimise irrigation, and apply fertilisers more accurately. These advancements reduce waste, enhance resource efficiency, and significantly boost crop yields. This is creating a favourable Argentina agricultural machinery market outlook.

The market is witnessing a growing interest in autonomous agricultural machinery, such as self-driving tractors and robotic harvesters. These machines offer unparalleled efficiency and precision, making them ideal for large-scale farming operations. Though still in the early stages, this trend is favourably shaping the Argentina agricultural machinery market dynamics as technology becomes more accessible.

Drones equipped with cameras and sensors are becoming indispensable tools in monitoring crop health, assessing soil conditions, and identifying pest infestations. Combined with IoT devices, they provide real-time data to farmers, enabling proactive decision-making. This integration of drones and IoT is fostering a more data-driven approach to farming, enhancing overall efficiency. This is one of the key Argentina agricultural machinery market trends.

The growth of local manufacturing capabilities is a notable trend in the market. Domestic companies are producing equipment tailored to the unique needs of Argentine farmers, such as machinery designed for specific crops or soil types. This reduces reliance on imports, lowers costs, and boosts the local economy. This is expected to increase the Argentina agricultural machinery market revenue in the forecast period.

As machinery becomes more complex, the demand for robust after-sales services, including maintenance, repair, and training, is rising. Companies are focusing on establishing strong service networks to support farmers in optimising machinery usage and extending its lifespan.

The Argentina agricultural machinery market value is undergoing a transformative phase, driven by technological advancements, government support, and the rising need for sustainable farming practices. While challenges such as high costs and economic fluctuations persist, the market’s growth trajectory remains strong due to the increasing adoption of modern farming solutions. As Argentina continues to modernise its agricultural sector, the role of advanced machinery will be pivotal in enhancing productivity and ensuring the country’s position as a leading global agricultural producer.

Market Segmentation

The market can be divided based on product type and application.

Market Breakup by Product Type

• Tractors
• Breakup by Engine Power

 Less than 40HP

 41 to 100 HP

 101 to 150 HP

 More than 150 HP

• Harvesting Machinery
• Breakup by Type

 Combine Harvesters

 Forage Harvesters

 Others

• Plowing and Cultivating Machinery
• Planting Machinery
• Irrigation Machinery
• Haying and Forage Machinery
• Others

Market Breakup by Application

• Land Development and Seed Bed Preparation
• Sowing and Planting
• Plant Protection and Fertilising
• Harvesting and Threshing
• Others

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 Argentina agricultural machinery market. Some of the major players explored in the report by Expert Market Research are as follows:

• AGCO Corporation
• CNH INDUSTRIAL N.V.
• JC Bamford Excavators Ltd.
• CLAAS KGaA mbH
• KUBOTA Corporation
• Deere & Company
• AGRALE S.A
• Mahindra & Mahindra Ltd.
• Orbia Advance Corporation S.A.B. (Netafim Ltd.)
• Yanmar Holdings Co., Ltd.
• Others

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*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.