Category: Tractors & Farm Machinery
Tractors & Farm Machinery market research reports by Freedonia Group
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Global Agricultural Equipment
Global Agricultural Equipment Global agricultural equipment demand is expected to reach nearly $216 billion by 2028. This growth will be driven by a number of factors, including: increased farming activities, rising farm incomes, and higher mechanization rates in developing regions, along with conti ... Read More
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Global Farm Tractors
Global Farm Tractors Global farm tractor demand is projected to increase 7.0% annually to $77.8 billion in 2026. However, a significant portion of market value growth – particularly during the first half of the forecast period – will be mostly the result of higher prices that have resulted from high ... Read More
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Global Agricultural Equipment
Global Agricultural Equipment Global demand for agricultural equipment is forecast to increase 6.5% per year to $213 billion in 2026. However, growth in market value will be mostly the result of higher prices that have resulted from recent supply chain issues and raw material cost inflation. In unit ... Read More
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Global Farm Tractors
Global Farm Tractors Global demand for farm tractors is projected to expand 4.0% per year, rebounding from the weak 2014-2019 performance. The expansion of the agricultural tractor market will be aided by crop production gains; increasing farm incomes; increasing sales of newly-developed, state-of-t ... Read More
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Global Agricultural Equipment
Global Agricultural Equipment Global demand for agricultural equipment is forecast to expand 3.9% annually between 2019 and 2024, reversing the losses of the 2014-2019 period. Although the market is expected to register significant losses in 2020 because of the COVID-19 pandemic, sales of farm machi ... Read More
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Global Agricultural Equipment
Global Agricultural Equipment Global agricultural equipment demand is forecast to grow 5.2% per annum during the 2017-2022 period, a major improvement over the 2012-2017 performance. Among the trends that are expected to drive market gains are rising agricultural commodity prices; advances in farmin ... Read More
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World Agricultural Equipment
World Agricultural Equipment Through 2019, increases in the global agricultural equipment market will average 6.6 percent per year to nearly $194 billion. Growth will be fueled by advances in world agricultural output. Additionally, many farmers in developing nations will transition from manual fa ... Read More