This report forecasts to 2028 global demand for agricultural equipment by product and major world region in nominal US dollars at the manufacturer level. Product segments include: farm tractors; harvesting machinery; planting and fertilizing machinery; haying machinery; livestock machinery; plowing and cultivating machinery; other equipment such as irrigation equipment, sprayers, and loaders/unloaders; and parts and attachments.
Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.
To illustrate historical trends, world, product, and regional demand (including product segments) are provided for 2013, 2018, and 2023. Finally, global production is segmented by major world region and provided for 2013, 2018, 2023, and 2028.
Forest machinery and certain other loosely related products – such as lawn and garden equipment and commercial lawn and turf care equipment – are excluded from the scope of this report.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2023.
Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
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