Global Hire and Rental of Agricultural Machinery Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Hire and Rental of Agricultural Machinery market size was valued at US$ 50180 million in 2024 and is forecast to a readjusted size of USD 73490 million by 2031 with a CAGR of 5.7% during review period.

Agricultural machinery leasing is a term lease entered into by the lessee with the lessor in order to lease agricultural machinery selected by the lessee from the manufacturer or the seller.

Rising global population and need to ease the financial burden on farmers is one of the major reasons driving the growth of the agricultural machinery rental market. The development of the agricultural equipment rental market is mainly due to the need to reduce the economic burden on farmers. Growing need to reduce farmers" financial constraints will favorably drive the market during the forecast period. Larger farm implements such as tillage equipment, lawnmower conditioners, and forage harvesters are not only more expensive, but also take longer to achieve the desired results. Therefore, agricultural equipment rental companies offer heavy equipment at competitive rental rates. However other factors, such as increased government support for the purchase of new agricultural equipment, may restrain the market expansion.

Countries such as China and India have low leasing penetration compared to the global average. The Indian government launched the CHC Farm Machinery app in October 2019, through which farmers can rent tractors and other farm machinery. With the help of this software, small and marginal farmers can easily rent farm equipment.

This report is a detailed and comprehensive analysis for global Hire and Rental of Agricultural Machinery market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Hire and Rental of Agricultural Machinery market size and forecasts, in consumption value ($ Million), 2020-2031

Global Hire and Rental of Agricultural Machinery market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Hire and Rental of Agricultural Machinery market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Hire and Rental of Agricultural Machinery market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hire and Rental of Agricultural Machinery

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hire and Rental of Agricultural Machinery market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Amtec, ASHBROOK, Md Express,Eurl, Argo Tractors S.P.A., JFarm Services, Ben Burgess, Pacific Ag Rentals, CNH industrial NV, John Deere, Dieci S.R.L., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Hire and Rental of Agricultural Machinery market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Financial Leasing Model
Operating Leasing Model

Market segment by Application
Farm
Personal

Market segment by players, this report covers
Amtec
ASHBROOK
Md Express,Eurl
Argo Tractors S.P.A.
JFarm Services
Ben Burgess
Pacific Ag Rentals
CNH industrial NV
John Deere
Dieci S.R.L.
Sunbelt Rentals
Mahindra&Mahindra Ltd.
Farmease
The Papé Group, Inc
Titan Machinery
KUBOTA Corporation
AGCO Corporation
Friesen Sales & Rentals

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Hire and Rental of Agricultural Machinery product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Hire and Rental of Agricultural Machinery, with revenue, gross margin, and global market share of Hire and Rental of Agricultural Machinery from 2020 to 2025.

Chapter 3, the Hire and Rental of Agricultural Machinery competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Hire and Rental of Agricultural Machinery market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Hire and Rental of Agricultural Machinery.

Chapter 13, to describe Hire and Rental of Agricultural Machinery research findings and conclusion.